Argyle Capital Management, LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 25, 2024), Argyle Capital Management, LLC reported 124 stock positions worth $251.2 million. Its top holding was Microsoft (MSFT) at 4.9% of the portfolio, followed by Eli Lilly (LLY, 4.1%) and JPMorgan Chase (JPM, 2.5%). Compared with Q2 2024, it opened 2 new positions, added to 27 and reduced 73. The biggest buy was Hewlett Packard Enterprise (HPE, shares +146%) and the biggest sale Eli Lilly (LLY, shares −9%).

Most Recent 13F
Q2 2026
Location
CENTER VALLEY, PA
CIK
0001321194
Portfolio Value
$251.2M (Q3 2024)
SEC Filing
0001321194-24-000008 ↗ filed Oct 25, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $258.4M Q1 2024 Q2 2024: $243.0M Q2 2024 Q3 2024: $251.2M $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 124 stocks · $251.2M
MSFT Microsoft Corp. 4.85% 28,327 $12.2M Reduce -2.8%
LLY Eli Lilly & Co. 4.07% 11,527 $10.2M Reduce -8.7%
JPM JPMorgan Chase & Co. 2.48% 29,556 $6.2M Reduce -2.8%
MCK McKesson Corp. 2.45% 12,459 $6.2M Reduce -2.4%
AMGN Amgen Inc. 2.44% 19,001 $6.1M Reduce -3.9%
MRK Merck & Co. Inc. 2.43% 53,648 $6.1M Reduce -5.4%
PNC PNC Financial Services Group 2.39% 32,518 $6.0M Reduce -2.5%
PHM Pultegroup Inc. 2.38% 41,600 $6.0M Reduce -21.0%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 2.07% 23,557 $5.2M Reduce -4.3%
RTX RTX Corp. 2.06% 42,634 $5.2M Reduce -6.8%
DE Deere & Co. 1.86% 11,173 $4.7M Reduce -2.6%
CAT Caterpillar Inc. 1.79% 11,519 $4.5M Reduce -3.5%
PAYX Paychex Inc. 1.74% 32,625 $4.4M Reduce -8.2%
CSCO Cisco Systems Inc. 1.64% 77,183 $4.1M Add +0.3%
ORCL Oracle Corp. 1.59% 23,371 $4.0M Reduce -3.4%
JNJ Johnson & Johnson 1.56% 24,122 $3.9M Reduce -2.6%
COP Conocophillips 1.55% 36,906 $3.9M Reduce -0.9%
KO The Coca-Cola Co. 1.52% 53,238 $3.8M Reduce -6.8%
GPC Genuine Parts Co. 1.50% 26,998 $3.8M Reduce -2.2%
PFE Pfizer Inc. 1.47% 127,486 $3.7M Reduce -3.8%
EMR Emerson Electric Co. 1.44% 33,099 $3.6M Add +1.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.43% 90,759 $3.6M Reduce -8.4%
CVX Chevron Corp. 1.40% 23,840 $3.5M Reduce -4.1%
DUK Duke Energy Corp. 1.39% 30,208 $3.5M Reduce -5.8%
VZ Verizon Communications Inc. 1.39% 77,459 $3.5M Reduce -3.9%
BMY Bristol-Myers Squibb Co. 1.34% 64,817 $3.4M Add +1.2%
T AT&T Inc. 1.30% 147,980 $3.3M Reduce -4.8%
UPS United Parcel Service Class B 1.29% 23,733 $3.2M Reduce -2.1%
ENB Enbridge Inc. 1.26% 78,208 $3.2M Reduce -2.1%
MDT Medtronic PLC 1.22% 34,050 $3.1M Reduce -6.3%
DOW Dow Inc. 1.20% 54,960 $3.0M Add +1.1%
ALL Allstate Corp. 1.16% 15,335 $2.9M Reduce -6.9%
HPE Hewlett Packard Enterprise 1.15% 141,700 $2.9M Add +145.7%
MET Metlife Inc. 1.12% 34,000 $2.8M Reduce -4.4%
WAT Waters Corp. 1.11% 7,750 $2.8M Reduce -4.9%
FISV Fiserv Inc. 1.11% 15,523 $2.8M Reduce -11.2%
MMM 3M Co. 1.10% 20,265 $2.8M Reduce -4.3%
INTC Intel Corp. 0.99% 105,740 $2.5M Add +9.5%
PSX Phillips 66 0.98% 18,786 $2.5M Add +5.3%
DD Dupont DE Nemours Inc. 0.97% 27,337 $2.4M Reduce -6.6%
WM Waste Management Inc. 0.96% 11,633 $2.4M Reduce -3.7%
HSY The Hershey Co. 0.95% 12,473 $2.4M Reduce -3.3%
WFC Wells Fargo & Co. 0.95% 42,093 $2.4M Reduce -3.4%
PPL PPL Corp. 0.94% 71,263 $2.4M Reduce -4.7%
GM General Motors Co. 0.94% 52,517 $2.4M Reduce -7.0%
CB Chubb Ltd. 0.94% 8,165 $2.4M Reduce -9.2%
SO The Southern Co. 0.91% 25,446 $2.3M Reduce -11.6%
WY Weyerhaeuser Co. 0.88% 65,121 $2.2M Reduce -11.2%
CVS CVS Health Corp. 0.86% 34,402 $2.2M Reduce -4.4%
CMCSA Comcast Corp. Class A 0.83% 50,036 $2.1M Add +3.4%
PG The Procter & Gamble Co. 0.82% 11,849 $2.1M Reduce -11.4%
BAX Baxter International Inc. 0.80% 53,079 $2.0M Add +8.5%
TFC Truist Financial Corp. 0.75% 43,825 $1.9M Reduce -3.6%
CEG Constellation Energy 0.74% 7,133 $1.9M Reduce -4.7%
SON Sonoco Products Co. 0.64% 29,558 $1.6M Reduce -5.1%
HAL Halliburton Co. 0.62% 53,825 $1.6M Add +3.9%
APD Air Products & Chemicals Inc. 0.62% 5,215 $1.6M No change
CTVA Corteva Inc. 0.60% 25,832 $1.5M Reduce -6.2%
DELL Dell Technologies -C 0.60% 12,660 $1.5M Add +19.3%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.59% 35,225 $1.5M Add +3.8%
FLO Flowers Foods Inc. 0.58% 63,018 $1.5M Reduce -3.1%
HRB H&R Block Inc. filed as BLOCK H & R INC 0.56% 21,950 $1.4M Reduce -19.6%
VRSN Verisign Inc. 0.55% 7,296 $1.4M Reduce -8.9%
FITB Fifth Third Bancorp 0.49% 28,600 $1.2M Reduce -10.3%
F Ford Motor Co. filed as FORD MTR CO 0.49% 115,580 $1.2M Add +0.2%
FCX Freeport-McMoran Inc. 0.48% 24,200 $1.2M Add +29.4%
GE General Electric filed as GE AEROSPACE 0.47% 6,272 $1.2M Add +0.8%
TT Trane Technologies PLC 0.46% 3,000 $1.2M No change
HPQ HP Inc. 0.45% 31,675 $1.1M Add +12.8%
GEHC GE Healthcare Technology 0.45% 11,944 $1.1M Add +2.7%
AAPL Apple Inc. 0.44% 4,745 $1.1M Add +4.6%
BRK.B Berkshire Hathaway Inc. Class B 0.40% 2,190 $1.0M Add +4.3%
TRP TC Energy Corp. 0.39% 20,700 $984K Reduce -0.7%
XOM Exxon Mobil Corp. 0.37% 7,839 $919K No change
AVGO Broadcom Inc. 0.35% 5,168 $891K Reduce -13.4%
EXC Exelon Corp. 0.35% 21,442 $869K Reduce -4.5%
MKC McCormick & Co.-Non VTG SHRS 0.35% 10,550 $868K No change
CAG Conagra Brands Inc. 0.34% 26,345 $857K Reduce -5.4%
MSI Motorola Solutions Inc. 0.31% 1,739 $782K Reduce -2.4%
ADM Archer-Daniels-Midland Co. 0.30% 12,448 $744K Add +71.2%
VLO Valero Energy Corp. 0.30% 5,500 $743K Add +49.7%
AMCR Amcor PLC 0.29% 63,964 $725K Reduce -14.7%
ADP Automatic Data Processing 0.28% 2,547 $705K Reduce -15.4%
BP BP PLC-Spons ADR 0.28% 22,407 $703K No change
DXC DXC Technology Co. 0.28% 33,448 $694K Reduce -8.0%
ABBV Abbvie Inc. 0.28% 3,500 $691K No change
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.28% 665 $691K Reduce -2.2%
MCO Moody's Corp. 0.26% 1,400 $664K No change
NSC Norfolk Southern Corp. 0.24% 2,462 $612K No change
GLW Corning Inc. 0.24% 13,369 $604K Add +0.9%
ITW Illinois Tool Works 0.23% 2,215 $580K Reduce -27.1%
NEE Nextera Energy Inc. 0.22% 6,468 $547K No change
KHC The Kraft Heinz Co. 0.21% 15,000 $527K Add +30.4%
LW Lamb Weston Holdings Inc. 0.20% 7,941 $514K Reduce -5.9%
SIGI Selective Insurance Group 0.20% 5,474 $511K No change
KMB Kimberly-Clark Corp. 0.20% 3,558 $506K Reduce -18.8%
UGI Ugi Corp. 0.18% 17,774 $445K Add +2.3%
GEV GE Vernova Inc. 0.18% 1,733 $442K Add +12.5%
AEP American Electric Power 0.18% 4,300 $441K No change
TTE Totalenergies SE -Spon ADR 0.17% 6,800 $439K Reduce -13.9%
ABT Abbott Laboratories 0.17% 3,850 $439K Add +3.6%
NVDA Nvidia Corp. 0.17% 3,500 $425K No change
CHTR Charter Communications Inc. Class A 0.16% 1,270 $412K Reduce -6.0%
PEP Pepsico Inc. 0.16% 2,398 $408K No change
PEG Public Service Enterprise GP 0.14% 4,025 $359K Reduce -23.0%
MGA Magna International Inc. 0.14% 8,700 $357K No change
PNR Pentair PLC 0.13% 3,400 $332K Reduce -24.4%
BIL SS SPDR BB 1-3M T-Bill ETF 0.13% 3,525 $324K Reduce -4.5%
AMZN Amazon.com Inc. 0.13% 1,699 $317K Add +13.3%
SOLV Solventum Corp. 0.12% 4,412 $308K Reduce -6.5%
TEVA Teva Pharmaceutical-SP ADR 0.12% 16,200 $292K No change
DVN Devon Energy Corp. 0.11% 7,333 $287K No change
EMN Eastman Chemical Co. 0.11% 2,465 $276K Reduce -27.5%
NVS Novartis AG-Sponsored ADR 0.11% 2,375 $273K No change
IR Ingersoll-Rand Inc. 0.10% 2,647 $260K No change
CNP Centerpoint Energy Inc. 0.10% 8,600 $253K No change
NVT Nvent Electric PLC 0.10% 3,566 $251K Reduce -23.6%
CR Crane Co. 0.10% 1,520 $241K Reduce -36.7%
AFL Aflac Inc. 0.09% 2,120 $237K New
SWK Stanley Black & Decker Inc. 0.09% 2,000 $220K New
VTRS Viatris Inc. 0.05% 10,217 $119K Reduce -4.1%
NWL Newell Brands Inc. 0.04% 13,500 $104K No change
WBD Warner Bros Discovery Inc. 0.04% 11,437 $94K No change
OSUR Orasure Technologies Inc. 0.02% 10,025 $43K No change

Portfolio Sells Q2 2024 → Q3 2024
LLY Eli Lilly & Co. Reduce -8.7% 4.07% −0.64
MCK McKesson Corp. Reduce -2.4% 2.45% −0.61
MSFT Microsoft Corp. Reduce -2.8% 4.85% −0.51
MRK Merck & Co. Inc. Reduce -5.4% 2.43% −0.46
COP Conocophillips Reduce -0.9% 1.55% −0.21
CVX Chevron Corp. Reduce -4.1% 1.40% −0.20
BAC Bank of America Corp. Reduce -8.4% 1.43% −0.19
GM General Motors Co. Reduce -7.0% 0.94% −0.14
WFC Wells Fargo & Co. Reduce -3.4% 0.95% −0.12
AMGN Amgen Inc. Reduce -3.9% 2.44% −0.10
WM Waste Management Inc. Reduce -3.7% 0.96% −0.10
PG The Procter & Gamble Co. Reduce -11.4% 0.82% −0.09
LW Lamb Weston Holdings Inc. Reduce -5.9% 0.20% −0.09
UPS United Parcel Service Class B Reduce -2.1% 1.29% −0.08
GPC Genuine Parts Co. Reduce -2.2% 1.50% −0.07
ITW Illinois Tool Works Reduce -27.1% 0.23% −0.07
PFE Pfizer Inc. Reduce -3.8% 1.47% −0.06
HRB H&R Block Inc. Reduce -19.6% 0.56% −0.05
JPM JPMorgan Chase & Co. Reduce -2.8% 2.48% −0.05
KMB Kimberly-Clark Corp. Reduce -18.8% 0.20% −0.05
CR Crane Co. Reduce -36.7% 0.10% −0.05
NVT Nvent Electric PLC Reduce -23.6% 0.10% −0.05
TTE Totalenergies SE -Spon ADR Reduce -13.9% 0.17% −0.04
AVGO Broadcom Inc. Reduce -13.4% 0.35% −0.04
VRSN Verisign Inc. Reduce -8.9% 0.55% −0.03
EMN Eastman Chemical Co. Reduce -27.5% 0.11% −0.03
HSY The Hershey Co. Reduce -3.3% 0.95% −0.02
PEG Public Service Enterprise GP Reduce -23.0% 0.14% −0.02
FLO Flowers Foods Inc. Reduce -3.1% 0.58% −0.02
ADP Automatic Data Processing Reduce -15.4% 0.28% −0.01
CVS CVS Health Corp. Reduce -4.4% 0.86% −0.01
AMCR Amcor PLC Reduce -14.7% 0.29% −0.01
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -4.5% 0.13% −0.01
PHM Pultegroup Inc. Reduce -21.0% 2.38% −0.01
PNR Pentair PLC Reduce -24.4% 0.13% −0.01
DXC DXC Technology Co. Reduce -8.0% 0.28% −0.01
SON Sonoco Products Co. Reduce -5.1% 0.64% −0.01
CTVA Corteva Inc. Reduce -6.2% 0.60% −0.01
CB Chubb Ltd. Reduce -9.2% 0.94% −0.01
SO The Southern Co. Reduce -11.6% 0.91% −0.00
CHTR Charter Communications Inc. Class A Reduce -6.0% 0.16% −0.00
DD Dupont DE Nemours Inc. Reduce -6.6% 0.97% 0.00
VTRS Viatris Inc. Reduce -4.1% 0.05% +0.00
PAYX Paychex Inc. Reduce -8.2% 1.74% +0.01
FITB Fifth Third Bancorp Reduce -10.3% 0.49% +0.01
CAG Conagra Brands Inc. Reduce -5.4% 0.34% +0.02
VZ Verizon Communications Inc. Reduce -3.9% 1.39% +0.02
TFC Truist Financial Corp. Reduce -3.6% 0.75% +0.02
SOLV Solventum Corp. Reduce -6.5% 0.12% +0.02
WY Weyerhaeuser Co. Reduce -11.2% 0.88% +0.02

Portfolio Buys Q2 2024 → Q3 2024
HPE Hewlett Packard Enterprise Add +145.7% 1.15% +0.65
BMY Bristol-Myers Squibb Co. Add +1.2% 1.34% +0.24
CSCO Cisco Systems Inc. Add +0.3% 1.64% +0.13
BAX Baxter International Inc. Add +8.5% 0.80% +0.13
ADM Archer-Daniels-Midland Co. Add +71.2% 0.30% +0.12
FCX Freeport-McMoran Inc. Add +29.4% 0.48% +0.11
AFL Aflac Inc. New 0.09% +0.09
SWK Stanley Black & Decker Inc. New 0.09% +0.09
GEHC GE Healthcare Technology Add +2.7% 0.45% +0.07
GEV GE Vernova Inc. Add +12.5% 0.18% +0.07
GE General Electric Add +0.8% 0.47% +0.06
VLO Valero Energy Corp. Add +49.7% 0.30% +0.06
KHC The Kraft Heinz Co. Add +30.4% 0.21% +0.06
CMCSA Comcast Corp. Class A Add +3.4% 0.83% +0.05
BRK.B Berkshire Hathaway Inc. Class B Add +4.3% 0.40% +0.05
HPQ HP Inc. Add +12.8% 0.45% +0.05
AAPL Apple Inc. Add +4.6% 0.44% +0.05
GLW Corning Inc. Add +0.9% 0.24% +0.03
ABT Abbott Laboratories Add +3.6% 0.17% +0.02
UGI Ugi Corp. Add +2.3% 0.18% +0.01
DOW Dow Inc. Add +1.1% 1.20% +0.01
AMZN Amazon.com Inc. Add +13.3% 0.13% +0.01
DELL Dell Technologies -C Add +19.3% 0.60% −0.00
EMR Emerson Electric Co. Add +1.4% 1.44% −0.04
PSX Phillips 66 Add +5.3% 0.98% −0.05
SLB SLB Ltd. Add +3.8% 0.59% −0.07
HAL Halliburton Co. Add +3.9% 0.62% −0.10
F Ford Motor Co. Add +0.2% 0.49% −0.11
INTC Intel Corp. Add +9.5% 0.99% −0.24

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