Argyle Capital Management, LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 5, 2025), Argyle Capital Management, LLC reported 127 stock positions worth $253.8 million. Its top holding was Microsoft (MSFT) at 4.7% of the portfolio, followed by Eli Lilly (LLY, 3.5%) and McKesson (MCK, 2.8%). Compared with Q3 2024, it opened 5 new positions, sold out of 2, added to 82 and reduced 14. The biggest buy was a new position in Global Payments (GPN) and the biggest sale CVS Health (CVS, shares −15%).

Most Recent 13F
Q2 2026
Location
CENTER VALLEY, PA
CIK
0001321194
Portfolio Value
$253.8M (Q4 2024)
SEC Filing
0001321194-25-000003 ↗ filed Feb 5, 2025

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 Q3 2024 Q4 2024: $253.8M $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 127 stocks · $253.8M
MSFT Microsoft Corp. 4.71% 28,346 $11.9M Add +0.1%
LLY Eli Lilly & Co. 3.51% 11,527 $8.9M No change
MCK McKesson Corp. 2.79% 12,427 $7.1M Reduce -0.3%
JPM JPMorgan Chase & Co. 2.78% 29,476 $7.1M Reduce -0.3%
PNC PNC Financial Services Group 2.50% 32,903 $6.3M Add +1.2%
MRK Merck & Co. Inc. 2.28% 58,115 $5.8M Add +8.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 2.06% 23,740 $5.2M Add +0.8%
AMGN Amgen Inc. 1.99% 19,386 $5.1M Add +2.0%
RTX RTX Corp. 1.96% 43,029 $5.0M Add +0.9%
DE Deere & Co. 1.86% 11,163 $4.7M Reduce -0.1%
PAYX Paychex Inc. 1.83% 33,215 $4.7M Add +1.8%
CSCO Cisco Systems Inc. 1.82% 77,974 $4.6M Add +1.0%
PHM Pultegroup Inc. 1.81% 42,241 $4.6M Add +1.5%
CAT Caterpillar Inc. 1.65% 11,559 $4.2M Add +0.3%
EMR Emerson Electric Co. 1.64% 33,649 $4.2M Add +1.7%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.61% 92,892 $4.1M Add +2.4%
ORCL Oracle Corp. 1.54% 23,440 $3.9M Add +0.3%
CVX Chevron Corp. 1.50% 26,355 $3.8M Add +10.6%
BMY Bristol-Myers Squibb Co. 1.50% 67,367 $3.8M Add +3.9%
JNJ Johnson & Johnson 1.47% 25,804 $3.7M Add +7.0%
COP Conocophillips 1.47% 37,587 $3.7M Add +1.9%
PFE Pfizer Inc. 1.41% 134,806 $3.6M Add +5.7%
T AT&T Inc. 1.35% 150,513 $3.4M Add +1.7%
ENB Enbridge Inc. 1.33% 79,341 $3.4M Add +1.4%
KO The Coca-Cola Co. 1.32% 53,749 $3.3M Add +1.0%
UPS United Parcel Service Class B 1.31% 26,428 $3.3M Add +11.4%
DUK Duke Energy Corp. 1.31% 30,814 $3.3M Add +2.0%
GPC Genuine Parts Co. 1.30% 28,261 $3.3M Add +4.7%
FISV Fiserv Inc. 1.30% 16,003 $3.3M Add +3.1%
VZ Verizon Communications Inc. 1.28% 81,554 $3.3M Add +5.3%
HPE Hewlett Packard Enterprise 1.21% 144,173 $3.1M Add +1.8%
WFC Wells Fargo & Co. 1.18% 42,796 $3.0M Add +1.7%
ALL Allstate Corp. 1.18% 15,518 $3.0M Add +1.2%
GM General Motors Co. 1.17% 55,769 $3.0M Add +6.2%
MDT Medtronic PLC 1.15% 36,660 $2.9M Add +7.7%
MET Metlife Inc. 1.14% 35,483 $2.9M Add +4.4%
WAT Waters Corp. 1.13% 7,750 $2.9M No change
CB Chubb Ltd. 1.11% 10,219 $2.8M Add +25.2%
MMM 3M Co. 1.04% 20,448 $2.6M Add +0.9%
WM Waste Management Inc. 0.93% 11,677 $2.4M Add +0.4%
PPL PPL Corp. 0.92% 71,816 $2.3M Add +0.8%
DOW Dow Inc. 0.91% 57,851 $2.3M Add +5.3%
INTC Intel Corp. 0.90% 113,500 $2.3M Add +7.3%
PSX Phillips 66 0.89% 19,937 $2.3M Add +6.1%
SO The Southern Co. 0.85% 26,271 $2.2M Add +3.2%
DD Dupont DE Nemours Inc. 0.85% 28,149 $2.1M Add +3.0%
CMCSA Comcast Corp. Class A 0.83% 56,386 $2.1M Add +12.7%
HSY The Hershey Co. 0.83% 12,473 $2.1M No change
PG The Procter & Gamble Co. 0.80% 12,142 $2.0M Add +2.5%
DELL Dell Technologies -C 0.80% 17,576 $2.0M Add +38.8%
WY Weyerhaeuser Co. 0.79% 71,567 $2.0M Add +9.9%
TFC Truist Financial Corp. 0.79% 46,266 $2.0M Add +5.6%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.64% 42,316 $1.6M Add +20.1%
CEG Constellation Energy 0.63% 7,117 $1.6M Reduce -0.2%
BAX Baxter International Inc. 0.63% 54,502 $1.6M Add +2.7%
SON Sonoco Products Co. 0.62% 32,358 $1.6M Add +9.5%
VRSN Verisign Inc. 0.61% 7,534 $1.6M Add +3.3%
HAL Halliburton Co. 0.61% 56,686 $1.5M Add +5.3%
APD Air Products & Chemicals Inc. 0.60% 5,215 $1.5M No change
CTVA Corteva Inc. 0.59% 26,374 $1.5M Add +2.1%
FLO Flowers Foods Inc. 0.55% 67,118 $1.4M Add +6.5%
CVS CVS Health Corp. 0.52% 29,317 $1.3M Reduce -14.8%
FITB Fifth Third Bancorp 0.50% 30,000 $1.3M Add +4.9%
HPQ HP Inc. 0.50% 38,575 $1.3M Add +21.8%
AVGO Broadcom Inc. 0.49% 5,358 $1.2M Add +3.7%
GEHC GE Healthcare Technology 0.49% 15,782 $1.2M Add +32.1%
HRB H&R Block Inc. filed as BLOCK H & R INC 0.48% 23,233 $1.2M Add +5.8%
F Ford Motor Co. filed as FORD MTR CO 0.48% 122,880 $1.2M Add +6.3%
AAPL Apple Inc. 0.47% 4,745 $1.2M No change
EXC Exelon Corp. 0.47% 31,542 $1.2M Add +47.1%
TT Trane Technologies PLC 0.44% 3,000 $1.1M No change
FCX Freeport-McMoran Inc. 0.41% 27,566 $1.0M Add +13.9%
GE General Electric filed as GE AEROSPACE 0.41% 6,272 $1.0M No change
BRK.B Berkshire Hathaway Inc. Class B 0.40% 2,226 $1.0M Add +1.6%
UGI Ugi Corp. 0.39% 35,174 $993K Add +97.9%
TRP TC Energy Corp. 0.38% 20,600 $959K Reduce -0.5%
GPN Global Payments Inc. 0.38% 8,537 $957K New
DXC DXC Technology Co. 0.35% 44,067 $880K Add +31.8%
XOM Exxon Mobil Corp. 0.34% 7,989 $859K Add +1.9%
CAG Conagra Brands Inc. 0.34% 30,745 $853K Add +16.7%
NXPI NXP Semiconductors NV 0.33% 4,046 $841K New
MKC McCormick & Co.-Non VTG SHRS 0.32% 10,550 $804K No change
MSI Motorola Solutions Inc. 0.32% 1,739 $804K No change
BP BP PLC-Spons ADR 0.30% 25,407 $751K Add +13.4%
ADP Automatic Data Processing 0.29% 2,543 $744K Reduce -0.2%
KHC The Kraft Heinz Co. 0.29% 23,940 $735K Add +59.6%
ADM Archer-Daniels-Midland Co. 0.29% 14,525 $734K Add +16.7%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.28% 665 $701K No change
VLO Valero Energy Corp. 0.27% 5,500 $674K No change
MCO Moody's Corp. 0.26% 1,400 $663K No change
AMCR Amcor PLC 0.25% 67,630 $636K Add +5.7%
GLW Corning Inc. 0.25% 13,369 $635K No change
TXN Texas Instruments Inc. 0.25% 3,370 $632K New
ITW Illinois Tool Works 0.25% 2,490 $631K Add +12.4%
ABBV Abbvie Inc. 0.24% 3,500 $622K No change
NSC Norfolk Southern Corp. 0.23% 2,462 $578K No change
GEV GE Vernova Inc. 0.22% 1,727 $568K Reduce -0.3%
LW Lamb Weston Holdings Inc. 0.21% 7,941 $531K No change
SIGI Selective Insurance Group 0.20% 5,474 $512K No change
KMB Kimberly-Clark Corp. 0.20% 3,833 $502K Add +7.7%
SWK Stanley Black & Decker Inc. 0.19% 5,950 $478K Add +197.5%
AEP American Electric Power 0.19% 5,130 $473K Add +19.3%
NVDA Nvidia Corp. 0.19% 3,500 $470K No change
MGA Magna International Inc. 0.18% 11,200 $468K Add +28.7%
NEE Nextera Energy Inc. 0.18% 6,468 $464K No change
ABT Abbott Laboratories 0.17% 3,905 $442K Add +1.4%
CHTR Charter Communications Inc. Class A 0.17% 1,234 $423K Reduce -2.8%
TTE Totalenergies SE -Spon ADR 0.15% 7,166 $391K Add +5.4%
AMZN Amazon.com Inc. 0.15% 1,739 $382K Add +2.4%
PNR Pentair PLC 0.15% 3,766 $379K Add +10.8%
PEP Pepsico Inc. 0.14% 2,398 $365K No change
TEVA Teva Pharmaceutical-SP ADR 0.14% 16,200 $357K No change
QCOM Qualcomm Inc. 0.14% 2,309 $355K New
PEG Public Service Enterprise GP 0.13% 4,025 $340K No change
BIL SS SPDR BB 1-3M T-Bill ETF 0.12% 3,216 $294K Reduce -8.8%
SOLV Solventum Corp. 0.11% 4,168 $275K Reduce -5.5%
CR Crane Co. 0.11% 1,813 $275K Add +19.3%
CNP Centerpoint Energy Inc. 0.11% 8,600 $273K No change
NVT Nvent Electric PLC 0.11% 3,932 $268K Add +10.3%
EMN Eastman Chemical Co. 0.10% 2,776 $254K Add +12.6%
IR Ingersoll-Rand Inc. 0.09% 2,647 $239K No change
NVS Novartis AG-Sponsored ADR 0.09% 2,375 $231K No change
DVN Devon Energy Corp. 0.09% 6,833 $224K Reduce -6.8%
AFL Aflac Inc. 0.09% 2,120 $219K No change
MA Mastercard Inc. Class A 0.08% 383 $202K New
NWL Newell Brands Inc. 0.05% 11,600 $116K Reduce -14.1%
WBD Warner Bros Discovery Inc. 0.04% 10,235 $108K Reduce -10.5%

Portfolio Sells Q3 2024 → Q4 2024
CVS CVS Health Corp. Reduce -14.8% 0.52% −0.34
CEG Constellation Energy Reduce -0.2% 0.63% −0.11
VTRS Viatris Inc. Sold out 0.00% −0.05
DVN Devon Energy Corp. Reduce -6.8% 0.09% −0.03
OSUR Orasure Technologies Inc. Sold out 0.00% −0.02
TRP TC Energy Corp. Reduce -0.5% 0.38% −0.01
SOLV Solventum Corp. Reduce -5.5% 0.11% −0.01
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -8.8% 0.12% −0.01
CHTR Charter Communications Inc. Class A Reduce -2.8% 0.17% +0.00
NWL Newell Brands Inc. Reduce -14.1% 0.05% +0.00
WBD Warner Bros Discovery Inc. Reduce -10.5% 0.04% +0.01
DE Deere & Co. Reduce -0.1% 1.86% +0.01
ADP Automatic Data Processing Reduce -0.2% 0.29% +0.01
GEV GE Vernova Inc. Reduce -0.3% 0.22% +0.05
JPM JPMorgan Chase & Co. Reduce -0.3% 2.78% +0.30
MCK McKesson Corp. Reduce -0.3% 2.79% +0.34

Portfolio Buys Q3 2024 → Q4 2024
GPN Global Payments Inc. New 0.38% +0.38
NXPI NXP Semiconductors NV New 0.33% +0.33
TXN Texas Instruments Inc. New 0.25% +0.25
WFC Wells Fargo & Co. Add +1.7% 1.18% +0.24
GM General Motors Co. Add +6.2% 1.17% +0.23
UGI Ugi Corp. Add +97.9% 0.39% +0.21
EMR Emerson Electric Co. Add +1.7% 1.64% +0.20
DELL Dell Technologies -C Add +38.8% 0.80% +0.20
FISV Fiserv Inc. Add +3.1% 1.30% +0.18
CSCO Cisco Systems Inc. Add +1.0% 1.82% +0.18
CB Chubb Ltd. Add +25.2% 1.11% +0.17
BAC Bank of America Corp. Add +2.4% 1.61% +0.17
BMY Bristol-Myers Squibb Co. Add +3.9% 1.50% +0.17
QCOM Qualcomm Inc. New 0.14% +0.14
AVGO Broadcom Inc. Add +3.7% 0.49% +0.13
EXC Exelon Corp. Add +47.1% 0.47% +0.12
PNC PNC Financial Services Group Add +1.2% 2.50% +0.11
CVX Chevron Corp. Add +10.6% 1.50% +0.11
SWK Stanley Black & Decker Inc. Add +197.5% 0.19% +0.10
PAYX Paychex Inc. Add +1.8% 1.83% +0.09
KHC The Kraft Heinz Co. Add +59.6% 0.29% +0.08
MA Mastercard Inc. Class A New 0.08% +0.08
DXC DXC Technology Co. Add +31.8% 0.35% +0.07
VRSN Verisign Inc. Add +3.3% 0.61% +0.06
ENB Enbridge Inc. Add +1.4% 1.33% +0.06
HPE Hewlett Packard Enterprise Add +1.8% 1.21% +0.06
T AT&T Inc. Add +1.7% 1.35% +0.05
SLB SLB Ltd. Add +20.1% 0.64% +0.05
TFC Truist Financial Corp. Add +5.6% 0.79% +0.04
HPQ HP Inc. Add +21.8% 0.50% +0.04
MGA Magna International Inc. Add +28.7% 0.18% +0.04
GEHC GE Healthcare Technology Add +32.1% 0.49% +0.04
MET Metlife Inc. Add +4.4% 1.14% +0.03
UPS United Parcel Service Class B Add +11.4% 1.31% +0.02
AMZN Amazon.com Inc. Add +2.4% 0.15% +0.02
ALL Allstate Corp. Add +1.2% 1.18% +0.02
ITW Illinois Tool Works Add +12.4% 0.25% +0.02
PNR Pentair PLC Add +10.8% 0.15% +0.02
BP BP PLC-Spons ADR Add +13.4% 0.30% +0.02
CR Crane Co. Add +19.3% 0.11% +0.01
FITB Fifth Third Bancorp Add +4.9% 0.50% +0.01
AEP American Electric Power Add +19.3% 0.19% +0.01
NVT Nvent Electric PLC Add +10.3% 0.11% +0.01
CMCSA Comcast Corp. Class A Add +12.7% 0.83% +0.00
ABT Abbott Laboratories Add +1.4% 0.17% −0.00
KMB Kimberly-Clark Corp. Add +7.7% 0.20% −0.00
BRK.B Berkshire Hathaway Inc. Class B Add +1.6% 0.40% −0.00
CAG Conagra Brands Inc. Add +16.7% 0.34% −0.01
F Ford Motor Co. Add +6.3% 0.48% −0.01
ADM Archer-Daniels-Midland Co. Add +16.7% 0.29% −0.01

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