Argyle Capital Management, LLC

CENTER VALLEY, PA · CIK 1321194 · 13F filing filed 2024-07-29

SEC-registered investment adviser since 1983 · limited liability company

Assets managed$355.7m
Staff3 · 3 in investment roles
Main clients (by assets)High net worth individuals 99%, Individuals 1%
Websiteargylecapital.net
Form ADV · 2026-03-26SEC adviser record

$243.0m reported value -6.0% vs Q1 2024

122positions

29.3%in top 10

8 new 25 added 64 reduced 4 sold out vs Q1 2024

Holdings, Q2 2024

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	MICROSOFT CORP COM MSFT	MSFT	29,150	$13.0m5.36%	5.36%	Reduced -3.2k	-3,187 -9.9%
2	ELI LILLY & CO COM LLY	LLY	12,628	$11.4m4.70%	4.70%	Reduced -1.4k	-1,405 -10.0%
3	MCKESSON CORP COM MCK	MCK	12,759	$7.5m3.07%	3.07%	Reduced -1.1k	-1,120 -8.1%
4	MERCK & CO INC COM MRK	MRK	56,723	$7.0m2.89%	2.89%	Reduced -3.7k	-3,685 -6.1%
5	AMGEN INC COM AMGN	AMGN	19,771	$6.2m2.54%	2.54%	Reduced -2.0k	-2,030 -9.3%
6	JPMORGAN CHASE & CO COM JPM	JPM	30,402	$6.1m2.53%	2.53%	Reduced -3.5k	-3,525 -10.4%
7	PULTE GROUP INC COM PHM	PHM	52,684	$5.8m2.39%	2.39%	Reduced -3.5k	-3,500 -6.2%
8	PNC FINL SVCS GROUP INC COM PNC	PNC	33,343	$5.2m2.13%	2.13%	Added +400	+400 1.2%
9	RTX CORPORATION COM RTX	RTX	45,719	$4.6m1.89%	1.89%	Reduced -2.7k	-2,705 -5.6%
10	DEERE & CO COM DE	DE	11,473	$4.3m1.76%	1.76%	Reduced -1.5k	-1,455 -11.2%
11	CONOCOPHILLIPS COM COP	COP	37,231	$4.3m1.75%	1.75%	Reduced -50	-50 -0.1%
12	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	24,607	$4.3m1.75%	1.75%	Added +2.3k	+2,280 10.2%
13	PAYCHEX INC COM PAYX	PAYX	35,555	$4.2m1.73%	1.73%	Reduced -2.4k	-2,415 -6.4%
14	CATERPILLAR INC COM CAT	CAT	11,942	$4.0m1.64%	1.64%	Reduced -2.0k	-1,975 -14.2%
15	BANK AMERICA CORP COM BAC	BAC	99,043	$3.9m1.62%	1.62%	Reduced -7.3k	-7,300 -6.9%
16	CHEVRON CORP NEW COM CVX	CVX	24,850	$3.9m1.60%	1.60%	Reduced -572	-572 -2.2%
17	GENUINE PARTS CO COM GPC	GPC	27,593	$3.8m1.57%	1.57%	Added +210	+210 0.8%
18	PFIZER INC COM PFE	PFE	132,571	$3.7m1.53%	1.53%	Added +7.7k	+7,725 6.2%
19	CISCO SYS INC COM CSCO	CSCO	76,933	$3.7m1.50%	1.50%	Added +5.0k	+5,000 7.0%
20	COCA COLA CO COM KO	KO	57,153	$3.6m1.50%	1.50%	Reduced -2.5k	-2,470 -4.1%
21	JOHNSON & JOHNSON COM JNJ	JNJ	24,776	$3.6m1.49%	1.49%	Added +985	+985 4.1%
22	EMERSON ELEC CO COM EMR	EMR	32,649	$3.6m1.48%	1.48%	Reduced -1.2k	-1,200 -3.5%
23	ORACLE CORP COM ORCL	ORCL	24,200	$3.4m1.41%	1.41%	Reduced -4.9k	-4,900 -16.8%
24	VERIZON COMMUNICATIONS INC COM VZ	VZ	80,584	$3.3m1.37%	1.37%	Added +1.1k	+1,125 1.4%
25	UNITED PARCEL SERVICE INC CL B UPS	UPS	24,253	$3.3m1.37%	1.37%	Added +1.2k	+1,175 5.1%
26	DUKE ENERGY CORP NEW COM NEW DUK	DUK	32,057	$3.2m1.32%	1.32%	Reduced -766	-766 -2.3%
27	INTEL CORP COM INTC	INTC	96,590	$3.0m1.23%	1.23%	Added +1.0k	+1,000 1.1%
28	AT&T INC COM T	T	155,499	$3.0m1.22%	1.22%	Reduced -1.5k	-1,543 -1.0%
29	DOW INC COM DOW	DOW	54,385	$2.9m1.19%	1.19%	Reduced -1.8k	-1,800 -3.2%
30	MEDTRONIC PLC SHS MDT	MDT	36,320	$2.9m1.18%	1.18%	Reduced -1.6k	-1,600 -4.2%
31	ENBRIDGE INC COM ENB	ENB	79,928	$2.8m1.17%	1.17%	Reduced -4.5k	-4,490 -5.3%
32	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	64,067	$2.7m1.09%	1.09%	Reduced -1.4k	-1,385 -2.1%
33	ALLSTATE CORP COM ALL	ALL	16,475	$2.6m1.08%	1.08%	Reduced -500	-500 -3.0%
34	GENERAL MTRS CO COM GM	GM	56,467	$2.6m1.08%	1.08%	Reduced -4.5k	-4,450 -7.3%
35	FISERV INC COM FISV	FISV	17,488	$2.6m1.07%	1.07%	Reduced -700	-700 -3.9%
36	WELLS FARGO CO NEW COM WFC	WFC	43,593	$2.6m1.07%	1.07%	Reduced -2.1k	-2,100 -4.6%
37	WASTE MGMT INC DEL COM WM	WM	12,075	$2.6m1.06%	1.06%	Reduced -2.1k	-2,100 -14.8%
38	PHILLIPS 66 COM PSX	PSX	17,846	$2.5m1.04%	1.04%	Reduced -200	-200 -1.1%
39	METLIFE INC COM MET	MET	35,575	$2.5m1.03%	1.03%	Reduced -50	-50 -0.1%
40	HERSHEY CO COM HSY	HSY	12,898	$2.4m0.98%	0.98%	Reduced -200	-200 -1.5%
41	WATERS CORP COM WAT	WAT	8,150	$2.4m0.97%	0.97%	Reduced -1.1k	-1,050 -11.4%
42	DUPONT DE NEMOURS INC COM DWDP	DWDP	29,280	$2.4m0.97%	0.97%	Reduced -1.2k	-1,166 -3.8%
43	CHUBB LIMITED COM CB	CB	8,994	$2.3m0.94%	0.94%	Reduced -90	-90 -1.0%
44	SOUTHERN CO COM SO	SO	28,771	$2.2m0.92%	0.92%	Reduced -1.3k	-1,300 -4.3%
45	PROCTER AND GAMBLE CO COM PG	PG	13,379	$2.2m0.91%	0.91%	Reduced -900	-900 -6.3%
46	3M CO COM MMM	MMM	21,165	$2.2m0.89%	0.89%	Added +1.1k	+1,111 5.5%
47	CVS HEALTH CORP COM CVS	CVS	36,002	$2.1m0.87%	0.87%	Reduced -1.6k	-1,634 -4.3%
48	WEYERHAEUSER CO MTN BE COM NEW WY	WY	73,312	$2.1m0.86%	0.86%	Reduced -3.5k	-3,509 -4.6%
49	PPL CORP COM PPL	PPL	74,798	$2.1m0.85%	0.85%	Reduced -300	-300 -0.4%
50	COMCAST CORP NEW CL A CMCSA	CMCSA	48,370	$1.9m0.78%	0.78%	Added +1.3k	+1,300 2.8%
51	TRUIST FINL CORP COM TFC	TFC	45,475	$1.8m0.73%	0.73%	Added +1.1k	+1,125 2.5%
52	HALLIBURTON CO COM HAL	HAL	51,825	$1.8m0.72%	0.72%	Reduced -1.4k	-1,400 -2.6%
53	BAXTER INTL INC COM BAX	BAX	48,904	$1.6m0.67%	0.67%	Reduced -2.5k	-2,500 -4.9%
54	SCHLUMBERGER LTD COM STK SLB	SLB	33,950	$1.6m0.66%	0.66%	Added +4.2k	+4,167 14.0%
55	SONOCO PRODS CO COM SON	SON	31,133	$1.6m0.65%	0.65%	Added +3.5k	+3,500 12.7%
56	CONSTELLATION ENERGY CORP COM CEG	CEG	7,488	$1.5m0.62%	0.62%	Reduced -166	-166 -2.2%
57	CORTEVA INC COM CTVA	CTVA	27,541	$1.5m0.61%	0.61%	Added +846	+846 3.2%
58	BLOCK H & R INC COM HRB	HRB	27,300	$1.5m0.61%	0.61%	Unchanged
59	DELL TECHNOLOGIES INC CL C DELL	DELL	10,610	$1.5m0.60%	0.60%	Unchanged
60	FORD MTR CO COM F	F	115,300	$1.4m0.59%	0.59%	Added +11.2k	+11,233 10.8%
61	FLOWERS FOODS INC COM FLO	FLO	65,018	$1.4m0.59%	0.59%	Reduced -1.0k	-1,000 -1.5%
62	VERISIGN INC COM VRSN	VRSN	8,011	$1.4m0.59%	0.59%	Reduced -200	-200 -2.4%
63	AIR PRODS & CHEMS INC COM APD	APD	5,215	$1.3m0.55%	0.55%	Unchanged
64	HEWLETT PACKARD ENTERPRISE C COM HPE	HPE	57,675	$1.2m0.50%	0.50%	Reduced -7.0k	-7,000 -10.8%
65	FIFTH THIRD BANCORP COM FITB	FITB	31,900	$1.2m0.48%	0.48%	Added +200	+200 0.6%
66	GE AEROSPACE COM NEW GE	GE	6,219	$988.6k0.41%	0.41%	New
67	TRANE TECHNOLOGIES PLC SHS TT	TT	3,000	$986.8k0.41%	0.41%	Unchanged
68	HP INC COM HPQ	HPQ	28,075	$983.2k0.40%	0.40%	Reduced -10.1k	-10,100 -26.5%
69	BROADCOM INC COM AVGO	AVGO	597	$958.5k0.39%	0.39%	Reduced -46	-46 -7.2%
70	APPLE INC COM AAPL	AAPL	4,536	$955.4k0.39%	0.39%	Unchanged
71	FREEPORT-MCMORAN INC CL B FCX	FCX	18,700	$908.8k0.37%	0.37%	Unchanged
72	GE HEALTHCARE TECHNOLOGIES I COMMON STOCK GEHC	GEHC	11,627	$906.0k0.37%	0.37%	Added +2.5k	+2,531 27.8%
73	EXXON MOBIL CORP COM XOM	XOM	7,839	$902.4k0.37%	0.37%	Reduced -1.7k	-1,730 -18.1%
74	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	2,100	$854.3k0.35%	0.35%	New
75	BP PLC SPONSORED ADR BP	BP	22,407	$808.9k0.33%	0.33%	Added +4.0k	+3,966 21.5%
76	CONAGRA BRANDS INC COM CAG	CAG	27,845	$791.4k0.33%	0.33%	Reduced -2.5k	-2,500 -8.2%
77	TC ENERGY CORP COM TRP	TRP	20,850	$790.2k0.33%	0.33%	Added +2.9k	+2,900 16.2%
78	EXELON CORP COM EXC	EXC	22,442	$776.7k0.32%	0.32%	Reduced -1.7k	-1,717 -7.1%
79	MCCORMICK & CO INC COM NON VTG MKC	MKC	10,550	$748.4k0.31%	0.31%	Reduced -350	-350 -3.2%
80	AMCOR PLC ORD AMCR	AMCR	74,964	$733.1k0.30%	0.30%	Unchanged
81	ILLINOIS TOOL WKS INC COM ITW	ITW	3,040	$720.4k0.30%	0.30%	Reduced -700	-700 -18.7%
82	AUTOMATIC DATA PROCESSING IN COM ADP	ADP	3,010	$718.5k0.30%	0.30%	Unchanged
83	LAMB WESTON HLDGS INC COM LW	LW	8,441	$709.7k0.29%	0.29%	Reduced -233	-233 -2.7%
84	DXC TECHNOLOGY CO COM DXC	DXC	36,361	$694.1k0.29%	0.29%	Reduced -3.0k	-3,000 -7.6%
85	MOTOROLA SOLUTIONS INC COM NEW MSI	MSI	1,781	$687.6k0.28%	0.28%	Unchanged
86	GRAINGER W W INC COM GWW	GWW	680	$613.5k0.25%	0.25%	Unchanged
87	KIMBERLY-CLARK CORP COM KMB	KMB	4,383	$605.7k0.25%	0.25%	Reduced -500	-500 -10.2%
88	ABBVIE INC COM ABBV	ABBV	3,500	$600.3k0.25%	0.25%	Reduced -1.6k	-1,650 -32.0%
89	MOODYS CORP COM MCO	MCO	1,400	$589.3k0.24%	0.24%	Unchanged
90	VALERO ENERGY CORP COM VLO	VLO	3,675	$576.1k0.24%	0.24%	Reduced -725	-725 -16.5%
91	NORFOLK SOUTHN CORP COM NSC	NSC	2,462	$528.6k0.22%	0.22%	Reduced -1.3k	-1,260 -33.9%
92	TOTALENERGIES SE SPONSORED ADS SPONSORED ADS		7,900	$526.8k0.22%	0.22%	Added +1.6k	+1,600 25.4%
93	CORNING INC COM GLW	GLW	13,250	$514.8k0.21%	0.21%	Reduced -8.4k	-8,400 -38.8%
94	SELECTIVE INS GROUP INC COM SIGI	SIGI	5,474	$513.6k0.21%	0.21%	Unchanged
95	NEXTERA ENERGY INC COM NEE	NEE	6,468	$458.0k0.19%	0.19%	Unchanged
96	ARCHER DANIELS MIDLAND CO COM ADM	ADM	7,273	$439.7k0.18%	0.18%	New
97	NVIDIA CORPORATION COM NVDA	NVDA	3,500	$432.4k0.18%	0.18%	Unchanged
98	CHARTER COMMUNICATIONS INC N CL A CHTR	CHTR	1,351	$403.9k0.17%	0.17%	Reduced -40	-40 -2.9%
99	UGI CORP NEW COM UGI	UGI	17,374	$397.9k0.16%	0.16%	Unchanged
100	PEPSICO INC COM PEP	PEP	2,398	$395.5k0.16%	0.16%	New

Sold out since Q1 2024

Security	Ticker	Shares held before	Value then
GENERAL ELECTRIC CO		6,894	$1.2m6.9k shares
CSX CORP CSX	CSX	12,000	$444.8k12.0k shares
KENNAMETAL INC KMT	KMT	10,567	$263.5k10.6k shares
AFLAC INC AFL	AFL	2,370	$203.5k2.4k shares