Argyle Capital Management, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 27, 2025), Argyle Capital Management, LLC reported 135 stock positions worth $289.2 million. Its top holding was Microsoft (MSFT) at 4.9% of the portfolio, followed by JPMorgan Chase (JPM, 3.2%) and Eli Lilly (LLY, 2.9%). Compared with Q2 2025, it opened 3 new positions, added to 16 and reduced 28. The biggest buy was Hewlett Packard Enterprise (HPE, shares +4%) and the biggest sale Eli Lilly (LLY, shares −0%).

Most Recent 13F
Q2 2026
Location
CENTER VALLEY, PA
CIK
0001321194
Portfolio Value
$289.2M (Q3 2025)
SEC Filing
0001321194-25-000010 ↗ filed Oct 27, 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 Q4 2024 Q1 2025: $269.2M Q1 2025 Q2 2025: $275.8M Q2 2025 Q3 2025: $289.2M $289.2M Q3 2025 Q4 2025: $299.5M Q4 2025 Q1 2026: $307.7M Q1 2026 Q2 2026: $347.2M Q2 2026

Holdings 135 stocks · $289.2M
MSFT Microsoft Corp. 4.87% 27,176 $14.1M Reduce -2.3%
JPM JPMorgan Chase & Co. 3.24% 29,704 $9.4M Reduce -0.3%
LLY Eli Lilly & Co. 2.93% 11,107 $8.5M Reduce -0.2%
MCK McKesson Corp. 2.86% 10,694 $8.3M Reduce -0.1%
RTX RTX Corp. 2.42% 41,776 $7.0M Reduce -1.0%
ORCL Oracle Corp. 2.41% 24,821 $7.0M Reduce -2.2%
PNC PNC Financial Services Group 2.39% 34,425 $6.9M Add +2.6%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 2.30% 23,535 $6.6M No change
CAT Caterpillar Inc. 1.90% 11,524 $5.5M Reduce -0.4%
AMGN Amgen Inc. 1.89% 19,371 $5.5M No change
PHM Pultegroup Inc. 1.88% 41,091 $5.4M Reduce -0.2%
CSCO Cisco Systems Inc. 1.84% 77,774 $5.3M Add +0.1%
MRK Merck & Co. Inc. 1.74% 59,866 $5.0M Add +0.9%
DE Deere & Co. 1.72% 10,853 $5.0M No change
JNJ Johnson & Johnson 1.66% 25,904 $4.8M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.64% 92,142 $4.8M Reduce -0.4%
EMR Emerson Electric Co. 1.53% 33,824 $4.4M Add +0.5%
T AT&T Inc. 1.48% 151,749 $4.3M Reduce -0.1%
CVX Chevron Corp. 1.41% 26,283 $4.1M Reduce -0.1%
PAYX Paychex Inc. 1.41% 32,140 $4.1M No change
ENB Enbridge Inc. 1.37% 78,666 $4.0M No change
INTC Intel Corp. 1.37% 118,025 $4.0M Reduce -0.0%
GPC Genuine Parts Co. 1.37% 28,511 $4.0M No change
HPE Hewlett Packard Enterprise 1.33% 156,693 $3.8M Add +4.0%
DUK Duke Energy Corp. 1.30% 30,393 $3.8M No change
VZ Verizon Communications Inc. 1.26% 82,814 $3.6M Add +0.1%
COP Conocophillips 1.23% 37,597 $3.6M No change
MDT Medtronic PLC 1.22% 37,060 $3.5M No change
PFE Pfizer Inc. 1.22% 137,926 $3.5M Reduce -0.2%
WFC Wells Fargo & Co. 1.21% 41,891 $3.5M Reduce -0.1%
KO The Coca-Cola Co. 1.20% 52,220 $3.5M Reduce -0.1%
GM General Motors Co. 1.18% 56,119 $3.4M Reduce -0.4%
ALL Allstate Corp. 1.17% 15,790 $3.4M No change
MMM 3M Co. 1.08% 20,048 $3.1M No change
MET Metlife Inc. 1.07% 37,653 $3.1M No change
BMY Bristol-Myers Squibb Co. 1.07% 68,702 $3.1M Reduce -0.2%
PSX Phillips 66 0.98% 20,867 $2.8M No change
CB Chubb Ltd. 0.98% 9,998 $2.8M No change
DELL Dell Technologies -C 0.98% 19,896 $2.8M No change
PPL PPL Corp. 0.91% 70,516 $2.6M Reduce -0.4%
HSY The Hershey Co. 0.87% 13,511 $2.5M No change
WM Waste Management Inc. 0.86% 11,327 $2.5M Reduce -0.4%
SO The Southern Co. 0.86% 26,271 $2.5M No change
CEG Constellation Energy 0.81% 7,082 $2.3M No change
CVS CVS Health Corp. 0.79% 30,417 $2.3M No change
UPS United Parcel Service Class B 0.79% 27,405 $2.3M No change
DD Dupont DE Nemours Inc. 0.79% 29,196 $2.3M No change
WAT Waters Corp. 0.78% 7,550 $2.3M No change
TFC Truist Financial Corp. 0.78% 49,366 $2.3M No change
VRSN Verisign Inc. 0.72% 7,434 $2.1M No change
FISV Fiserv Inc. 0.72% 16,094 $2.1M Add +1.3%
CMCSA Comcast Corp. Class A 0.66% 61,186 $1.9M No change
GE General Electric filed as GE AEROSPACE 0.65% 6,272 $1.9M No change
PG The Procter & Gamble Co. 0.65% 12,142 $1.9M No change
WY Weyerhaeuser Co. 0.63% 73,000 $1.8M Reduce -0.1%
AVGO Broadcom Inc. 0.61% 5,358 $1.8M No change
CTVA Corteva Inc. 0.61% 25,927 $1.8M No change
FITB Fifth Third Bancorp 0.59% 38,400 $1.7M Add +0.3%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.55% 46,616 $1.6M No change
HAL Halliburton Co. 0.53% 62,085 $1.5M Add +3.5%
GPN Global Payments Inc. 0.52% 18,205 $1.5M No change
EXC Exelon Corp. 0.52% 33,142 $1.5M Add +2.5%
F Ford Motor Co. filed as FORD MTR CO 0.51% 122,810 $1.5M No change
GEHC GE Healthcare Technology 0.50% 19,422 $1.5M Add +8.4%
APD Air Products & Chemicals Inc. 0.49% 5,199 $1.4M No change
SON Sonoco Products Co. 0.49% 32,558 $1.4M No change
GEV GE Vernova Inc. 0.48% 2,281 $1.4M No change
FCX Freeport-McMoran Inc. 0.48% 35,670 $1.4M No change
DOW Dow Inc. 0.48% 60,378 $1.4M Add +1.2%
BAX Baxter International Inc. 0.46% 58,279 $1.3M No change
XOM Exxon Mobil Corp. 0.45% 11,564 $1.3M No change
TT Trane Technologies PLC 0.44% 3,000 $1.3M No change
ADM Archer-Daniels-Midland Co. 0.42% 20,575 $1.2M No change
UGI Ugi Corp. 0.42% 36,874 $1.2M Add +1.1%
AAPL Apple Inc. 0.42% 4,745 $1.2M No change
NXPI NXP Semiconductors NV 0.42% 5,299 $1.2M No change
HRB H&R Block Inc. filed as BLOCK H & R INC 0.41% 23,233 $1.2M No change
HPQ HP Inc. 0.39% 41,575 $1.1M Add +0.5%
BRK.B Berkshire Hathaway Inc. Class B 0.39% 2,226 $1.1M No change
TRP TC Energy Corp. 0.38% 20,400 $1.1M Reduce -0.2%
FOUR SHIFT4 Payments Inc. Class A 0.37% 14,000 $1.1M Add +3.7%
GLW Corning Inc. 0.36% 12,869 $1.1M Reduce -3.0%
PEP Pepsico Inc. 0.33% 6,800 $955K No change
VLO Valero Energy Corp. 0.32% 5,500 $936K No change
FLO Flowers Foods Inc. 0.32% 70,676 $922K Reduce -0.5%
BP BP PLC-Spons ADR 0.30% 25,407 $876K No change
ABBV Abbvie Inc. 0.28% 3,450 $799K Reduce -1.4%
MSI Motorola Solutions Inc. 0.27% 1,699 $777K No change
AEP American Electric Power 0.26% 6,600 $743K No change
NSC Norfolk Southern Corp. 0.26% 2,462 $740K No change
ADP Automatic Data Processing 0.25% 2,487 $730K No change
MKC McCormick & Co.-Non VTG SHRS 0.24% 10,550 $706K No change
CAG Conagra Brands Inc. 0.24% 38,245 $700K Add +8.5%
QCOM Qualcomm Inc. 0.24% 4,209 $700K No change
TXN Texas Instruments Inc. 0.24% 3,700 $680K No change
MCO Moody's Corp. 0.23% 1,400 $667K No change
KHC The Kraft Heinz Co. 0.23% 25,540 $665K No change
NVDA Nvidia Corp. 0.23% 3,500 $653K No change
ITW Illinois Tool Works 0.22% 2,490 $649K No change
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.22% 665 $634K No change

Show all 135 holdings

Portfolio Sells Q2 2025 → Q3 2025
LLY Eli Lilly & Co. Reduce -0.2% 2.93% −0.21
MSFT Microsoft Corp. Reduce -2.3% 4.87% −0.15
KO The Coca-Cola Co. Reduce -0.1% 1.20% −0.14
T AT&T Inc. Reduce -0.1% 1.48% −0.11
FLO Flowers Foods Inc. Reduce -0.5% 0.32% −0.09
BMY Bristol-Myers Squibb Co. Reduce -0.2% 1.07% −0.08
WM Waste Management Inc. Reduce -0.4% 0.86% −0.08
WY Weyerhaeuser Co. Reduce -0.1% 0.63% −0.06
PTC PTC Inc. Reduce -25.6% 0.11% −0.02
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -14.6% 0.08% −0.02
PEG Public Service Enterprise GP Reduce -2.3% 0.15% −0.01
WFC Wells Fargo & Co. Reduce -0.1% 1.21% −0.00
PFE Pfizer Inc. Reduce -0.2% 1.22% +0.00
MCK McKesson Corp. Reduce -0.1% 2.86% +0.01
PLTR Palantir Technologies Inc. Class A Reduce -10.0% 0.11% +0.01
TRP TC Energy Corp. Reduce -0.2% 0.38% +0.02
PPL PPL Corp. Reduce -0.4% 0.91% +0.04
ABBV Abbvie Inc. Reduce -1.4% 0.28% +0.04
CVX Chevron Corp. Reduce -0.1% 1.41% +0.05
BAC Bank of America Corp. Reduce -0.4% 1.64% +0.06
JPM JPMorgan Chase & Co. Reduce -0.3% 3.24% +0.11
GLW Corning Inc. Reduce -3.0% 0.36% +0.11
GM General Motors Co. Reduce -0.4% 1.18% +0.18
RTX RTX Corp. Reduce -1.0% 2.42% +0.18
CAT Caterpillar Inc. Reduce -0.4% 1.90% +0.27
PHM Pultegroup Inc. Reduce -0.2% 1.88% +0.30
ORCL Oracle Corp. Reduce -2.2% 2.41% +0.40
INTC Intel Corp. Reduce -0.0% 1.37% +0.41

Portfolio Buys Q2 2025 → Q3 2025
HPE Hewlett Packard Enterprise Add +4.0% 1.33% +0.21
PNC PNC Financial Services Group Add +2.6% 2.39% +0.12
ASRV Ameriserv Financial Inc. New 0.10% +0.10
HAL Halliburton Co. Add +3.5% 0.53% +0.08
TSM Taiwan Semiconductor-SP ADR New 0.07% +0.07
GOOG Alphabet Inc. Class C New 0.07% +0.07
MRK Merck & Co. Inc. Add +0.9% 1.74% +0.04
HPQ HP Inc. Add +0.5% 0.39% +0.02
GEHC GE Healthcare Technology Add +8.4% 0.50% +0.02
FITB Fifth Third Bancorp Add +0.3% 0.59% +0.02
EXC Exelon Corp. Add +2.5% 0.52% +0.01
CAG Conagra Brands Inc. Add +8.5% 0.24% −0.02
VZ Verizon Communications Inc. Add +0.1% 1.26% −0.04
UGI Ugi Corp. Add +1.1% 0.42% −0.06
EMR Emerson Electric Co. Add +0.5% 1.53% −0.09
DOW Dow Inc. Add +1.2% 0.48% −0.09
FOUR SHIFT4 Payments Inc. Class A Add +3.7% 0.37% −0.11
CSCO Cisco Systems Inc. Add +0.1% 1.84% −0.11
FISV Fiserv Inc. Add +1.3% 0.72% −0.28

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