Argyle Capital Management, LLC

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 29, 2024), Argyle Capital Management, LLC reported 118 stock positions worth $258.4 million. Its top holding was Microsoft (MSFT) at 5.3% of the portfolio, followed by Eli Lilly (LLY, 4.2%) and Merck (MRK, 3.1%). Compared with Q4 2023, it opened 3 new positions, sold out of 1, added to 24 and reduced 64. The biggest buy was a new position in SS SPDR BB 1-3M T-Bill ETF (BIL) and the biggest sale Intel (INTC, shares −4%).

Most Recent 13F
Q2 2026
Location
CENTER VALLEY, PA
CIK
0001321194
Portfolio Value
$258.4M (Q1 2024)
SEC Filing
0001321194-24-000004 ↗ filed Apr 29, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $258.4M $258.4M Q1 2024 Q2 2024: $243.0M Q2 2024 Q3 2024: $251.2M Q3 2024 Q4 2024: $253.8M Q4 2024 Q1 2025: $269.2M Q1 2025 Q2 2025: $275.8M Q2 2025 Q3 2025: $289.2M Q3 2025 Q4 2025: $299.5M Q4 2025 Q1 2026: $307.7M Q1 2026 Q2 2026: $347.2M Q2 2026

Holdings 118 stocks · $258.4M
MSFT Microsoft Corp. 5.26% 32,337 $13.6M Reduce -3.8%
LLY Eli Lilly & Co. 4.22% 14,033 $10.9M Reduce -24.0%
MRK Merck & Co. Inc. 3.08% 60,408 $8.0M Reduce -3.4%
MCK McKesson Corp. 2.88% 13,879 $7.5M Reduce -2.8%
JPM JPMorgan Chase & Co. 2.63% 33,927 $6.8M Reduce -4.0%
PHM Pultegroup Inc. 2.62% 56,184 $6.8M Reduce -5.9%
AMGN Amgen Inc. 2.40% 21,801 $6.2M Reduce -3.4%
PNC PNC Financial Services Group 2.06% 32,943 $5.3M Add +3.0%
DE Deere & Co. 2.05% 12,928 $5.3M Reduce -3.9%
CAT Caterpillar Inc. 1.97% 13,917 $5.1M Reduce -5.8%
COP Conocophillips 1.84% 37,281 $4.7M Reduce -1.1%
RTX RTX Corp. 1.83% 48,424 $4.7M Reduce -5.6%
PAYX Paychex Inc. 1.80% 37,970 $4.7M Reduce -3.9%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.65% 22,327 $4.3M Reduce -3.7%
GPC Genuine Parts Co. 1.64% 27,383 $4.2M Reduce -1.9%
INTC Intel Corp. 1.63% 95,590 $4.2M Reduce -4.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.56% 106,343 $4.0M Reduce -5.1%
CVX Chevron Corp. 1.55% 25,422 $4.0M Reduce -3.4%
EMR Emerson Electric Co. 1.49% 33,849 $3.8M Reduce -4.0%
JNJ Johnson & Johnson 1.46% 23,791 $3.8M Add +2.6%
ORCL Oracle Corp. 1.41% 29,100 $3.7M No change
KO The Coca-Cola Co. 1.41% 59,623 $3.6M Reduce -6.3%
CSCO Cisco Systems Inc. 1.39% 71,933 $3.6M Add +3.9%
BMY Bristol-Myers Squibb Co. 1.37% 65,452 $3.5M Add +1.3%
PFE Pfizer Inc. 1.34% 124,846 $3.5M Add +6.5%
UPS United Parcel Service Class B 1.33% 23,078 $3.4M Reduce -1.5%
VZ Verizon Communications Inc. 1.29% 79,459 $3.3M Reduce -1.4%
MDT Medtronic PLC 1.28% 37,920 $3.3M Reduce -5.0%
DOW Dow Inc. 1.26% 56,185 $3.3M Add +2.6%
DUK Duke Energy Corp. 1.23% 32,823 $3.2M Reduce -4.2%
WAT Waters Corp. 1.23% 9,200 $3.2M Reduce -2.1%
ENB Enbridge Inc. 1.18% 84,418 $3.1M Reduce -1.6%
WM Waste Management Inc. 1.17% 14,175 $3.0M Reduce -9.9%
CVS CVS Health Corp. 1.16% 37,636 $3.0M Reduce -1.9%
PSX Phillips 66 1.14% 18,046 $2.9M Reduce -5.8%
ALL Allstate Corp. 1.14% 16,975 $2.9M Reduce -3.3%
FISV Fiserv Inc. 1.12% 18,188 $2.9M Reduce -4.0%
T AT&T Inc. 1.07% 157,042 $2.8M Reduce -1.5%
GM General Motors Co. 1.07% 60,917 $2.8M Reduce -3.5%
WY Weyerhaeuser Co. 1.07% 76,821 $2.8M Reduce -5.4%
WFC Wells Fargo & Co. 1.02% 45,693 $2.6M Reduce -4.9%
MET Metlife Inc. 1.02% 35,625 $2.6M Reduce -5.1%
HSY The Hershey Co. 0.99% 13,098 $2.5M Reduce -5.4%
CB Chubb Ltd. 0.91% 9,084 $2.4M No change
DD Dupont DE Nemours Inc. 0.90% 30,446 $2.3M Add +12.2%
PG The Procter & Gamble Co. 0.90% 14,279 $2.3M Reduce -2.7%
BAX Baxter International Inc. 0.85% 51,404 $2.2M Add +6.0%
SO The Southern Co. 0.83% 30,071 $2.2M Add +13.6%
MMM 3M Co. 0.82% 20,054 $2.1M Reduce -3.1%
HAL Halliburton Co. 0.81% 53,225 $2.1M Add +4.7%
PPL PPL Corp. 0.80% 75,098 $2.1M Add +3.2%
CMCSA Comcast Corp. Class A 0.79% 47,070 $2.0M Add +21.1%
TFC Truist Financial Corp. 0.67% 44,350 $1.7M Add +5.2%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.63% 29,783 $1.6M Add +1.0%
SON Sonoco Products Co. 0.62% 27,633 $1.6M Add +11.3%
FLO Flowers Foods Inc. 0.61% 66,018 $1.6M Add +0.8%
VRSN Verisign Inc. 0.60% 8,211 $1.6M Reduce -9.4%
CTVA Corteva Inc. 0.60% 26,695 $1.5M Reduce -3.1%
CEG Constellation Energy 0.55% 7,654 $1.4M Reduce -2.7%
F Ford Motor Co. filed as FORD MTR CO DEL 0.53% 104,067 $1.4M Add +6.1%
HRB H&R Block Inc. filed as BLOCK H & R INC 0.52% 27,300 $1.3M No change
APD Air Products & Chemicals Inc. 0.49% 5,215 $1.3M No change
DELL Dell Technologies -C 0.47% 10,610 $1.2M Reduce -1.9%
GE General Electric Company 0.47% 6,894 $1.2M Reduce -1.4%
FITB Fifth Third Bancorp 0.46% 31,700 $1.2M Reduce -4.5%
HPQ HP Inc. 0.45% 38,175 $1.2M Add +16.8%
HPE Hewlett Packard Enterprise 0.44% 64,675 $1.1M Add +40.1%
XOM Exxon Mobil Corp. 0.43% 9,569 $1.1M Add +14.3%
ITW Illinois Tool Works 0.39% 3,740 $1.0M No change
NSC Norfolk Southern Corp. 0.37% 3,722 $949K No change
ABBV Abbvie Inc. 0.36% 5,150 $938K Reduce -1.9%
LW Lamb Weston Holdings Inc. 0.36% 8,674 $924K Reduce -7.5%
EXC Exelon Corp. 0.35% 24,159 $908K Reduce -2.5%
TT Trane Technologies PLC 0.35% 3,000 $901K No change
CAG Conagra Brands Inc. 0.35% 30,345 $899K Reduce -7.1%
FCX Freeport-McMoran Inc. 0.34% 18,700 $879K Reduce -5.1%
AVGO Broadcom Inc. 0.33% 643 $852K Reduce -1.7%
MKC McCormick & Co.-Non VTG SHRS 0.32% 10,900 $837K No change
DXC DXC Technology Co. 0.32% 39,361 $835K Add +11.0%
GEHC GE Healthcare Technology 0.32% 9,096 $827K Reduce -0.4%
AAPL Apple Inc. 0.30% 4,536 $778K No change
ABT Abbott Laboratories 0.29% 6,615 $752K No change
ADP Automatic Data Processing 0.29% 3,010 $752K Reduce -1.6%
VLO Valero Energy Corp. 0.29% 4,400 $751K No change
TRP TC Energy Corp. 0.28% 17,950 $722K Reduce -5.3%
GLW Corning Inc. 0.28% 21,650 $714K Reduce -6.1%
AMCR Amcor PLC 0.28% 74,964 $713K Reduce -5.2%
BP BP PLC-Spons ADR 0.27% 18,441 $695K Add +22.6%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.27% 680 $692K No change
MSI Motorola Solutions Inc. 0.24% 1,781 $632K No change
KMB Kimberly-Clark Corp. 0.24% 4,883 $632K Reduce -14.1%
SIGI Selective Insurance Group 0.23% 5,474 $598K No change
MCO Moody's Corp. 0.21% 1,400 $550K No change
CSX CSX Corp. 0.17% 12,000 $445K No change
TTE Totalenergies SE -Spon ADR 0.17% 6,300 $434K Reduce -6.0%
UGI Ugi Corp. 0.17% 17,374 $426K Add +87.3%
PEG Public Service Enterprise GP 0.16% 6,350 $424K No change
NEE Nextera Energy Inc. 0.16% 6,468 $413K No change
CHTR Charter Communications Inc. Class A 0.16% 1,391 $404K Reduce -7.5%
MGA Magna International Inc. 0.15% 7,200 $392K Add +94.6%

Show all 118 holdings

Portfolio Sells Q4 2023 → Q1 2024
INTC Intel Corp. Reduce -4.4% 1.63% −0.45
AMGN Amgen Inc. Reduce -3.4% 2.40% −0.30
LLY Eli Lilly & Co. Reduce -24.0% 4.22% −0.24
UPS United Parcel Service Class B Reduce -1.5% 1.33% −0.20
DE Deere & Co. Reduce -3.9% 2.05% −0.18
VRSN Verisign Inc. Reduce -9.4% 0.60% −0.17
DUK Duke Energy Corp. Reduce -4.2% 1.23% −0.15
PAYX Paychex Inc. Reduce -3.9% 1.80% −0.15
KO The Coca-Cola Co. Reduce -6.3% 1.41% −0.14
MMM 3M Co. Reduce -3.1% 0.82% −0.11
WY Weyerhaeuser Co. Reduce -5.4% 1.07% −0.10
ENB Enbridge Inc. Reduce -1.6% 1.18% −0.10
CVS CVS Health Corp. Reduce -1.9% 1.16% −0.09
CHTR Charter Communications Inc. Class A Reduce -7.5% 0.16% −0.09
HSY The Hershey Co. Reduce -5.4% 0.99% −0.08
MDT Medtronic PLC Reduce -5.0% 1.28% −0.08
LH Laboratory CRP of Amer Hldgs Sold out 0.00% −0.08
CVX Chevron Corp. Reduce -3.4% 1.55% −0.08
LW Lamb Weston Holdings Inc. Reduce -7.5% 0.36% −0.06
WAT Waters Corp. Reduce -2.1% 1.23% −0.06
KMB Kimberly-Clark Corp. Reduce -14.1% 0.24% −0.04
CAG Conagra Brands Inc. Reduce -7.1% 0.35% −0.04
AMCR Amcor PLC Reduce -5.2% 0.28% −0.04
T AT&T Inc. Reduce -1.5% 1.07% −0.04
TRP TC Energy Corp. Reduce -5.3% 0.28% −0.03
WBD Warner Bros Discovery Inc. Reduce -7.3% 0.04% −0.02
TTE Totalenergies SE -Spon ADR Reduce -6.0% 0.17% −0.02
FITB Fifth Third Bancorp Reduce -4.5% 0.46% −0.02
EXC Exelon Corp. Reduce -2.5% 0.35% −0.02
GLW Corning Inc. Reduce -6.1% 0.28% −0.01
CNP Centerpoint Energy Inc. Reduce -6.5% 0.09% −0.01
NWL Newell Brands Inc. Reduce -3.6% 0.04% −0.01
FCX Freeport-McMoran Inc. Reduce -5.1% 0.34% −0.01
MET Metlife Inc. Reduce -5.1% 1.02% −0.01
DVN Devon Energy Corp. Reduce -7.5% 0.14% −0.01
ADP Automatic Data Processing Reduce -1.6% 0.29% −0.00
BAC Bank of America Corp. Reduce -5.1% 1.56% −0.00
VTRS Viatris Inc. Reduce -3.4% 0.05% −0.00
WM Waste Management Inc. Reduce -9.9% 1.17% +0.00
PG The Procter & Gamble Co. Reduce -2.7% 0.90% +0.01
TEVA Teva Pharmaceutical-SP ADR Reduce -7.6% 0.10% +0.01
COP Conocophillips Reduce -1.1% 1.84% +0.02
MSFT Microsoft Corp. Reduce -3.8% 5.26% +0.03
ABBV Abbvie Inc. Reduce -1.9% 0.36% +0.03
AVGO Broadcom Inc. Reduce -1.7% 0.33% +0.03
GEHC GE Healthcare Technology Reduce -0.4% 0.32% +0.03
VZ Verizon Communications Inc. Reduce -1.4% 1.29% +0.03
RTX RTX Corp. Reduce -5.6% 1.83% +0.04
GPC Genuine Parts Co. Reduce -1.9% 1.64% +0.04
WFC Wells Fargo & Co. Reduce -4.9% 1.02% +0.04

Portfolio Buys Q4 2023 → Q1 2024
BIL SS SPDR BB 1-3M T-Bill ETF New 0.13% +0.13
NVDA Nvidia Corp. New 0.12% +0.12
HPE Hewlett Packard Enterprise Add +40.1% 0.44% +0.12
XOM Exxon Mobil Corp. Add +14.3% 0.43% +0.08
CMCSA Comcast Corp. Class A Add +21.1% 0.79% +0.08
AFL Aflac Inc. New 0.08% +0.08
BAX Baxter International Inc. Add +6.0% 0.85% +0.07
UGI Ugi Corp. Add +87.3% 0.17% +0.07
SO The Southern Co. Add +13.6% 0.83% +0.07
MGA Magna International Inc. Add +94.6% 0.15% +0.06
HAL Halliburton Co. Add +4.7% 0.81% +0.05
BP BP PLC-Spons ADR Add +22.6% 0.27% +0.05
SON Sonoco Products Co. Add +11.3% 0.62% +0.04
F Ford Motor Co. Add +6.1% 0.53% +0.04
HPQ HP Inc. Add +16.8% 0.45% +0.04
DD Dupont DE Nemours Inc. Add +12.2% 0.90% +0.04
TFC Truist Financial Corp. Add +5.2% 0.67% +0.02
DOW Dow Inc. Add +2.6% 1.26% +0.01
PNC PNC Financial Services Group Add +3.0% 2.06% +0.01
BMY Bristol-Myers Squibb Co. Add +1.3% 1.37% −0.00
SLB SLB Ltd. Add +1.0% 0.63% −0.00
FLO Flowers Foods Inc. Add +0.8% 0.61% −0.00
DXC DXC Technology Co. Add +11.0% 0.32% −0.01
PPL PPL Corp. Add +3.2% 0.80% −0.02
JNJ Johnson & Johnson Add +2.6% 1.46% −0.05
PFE Pfizer Inc. Add +6.5% 1.34% −0.06
CSCO Cisco Systems Inc. Add +3.9% 1.39% −0.06

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 138$347.2MINTC, LLY, CAT, MSFT, JPM
Q1 2026 137$307.7MMSFT, LLY, MCK, JPM, RTX
Q4 2025 137$299.5MMSFT, LLY, JPM, MCK, RTX
Q3 2025 135$289.2MMSFT, JPM, LLY, MCK, RTX
Q2 2025 132$275.8MMSFT, LLY, JPM, MCK, IBM
Q1 2025 130$269.2MMSFT, LLY, MCK, JPM, AMGN
Q4 2024 127$253.8MMSFT, LLY, MCK, JPM, PNC
Q3 2024 124$251.2MMSFT, LLY, JPM, MCK, AMGN
Q2 2024 122$243.0MMSFT, LLY, MCK, MRK, AMGN
Q1 2024 118$258.4MMSFT, LLY, MRK, MCK, JPM