Analyzing Changes in Holdings of Argyle Capital Management Inc. in Q3 2022 vs. Q4 2022

Changes in Holdings of Argyle Capital Management Inc. in Q3 2022 vs. Q4 2022

Argyle Capital Management Inc. is a registered investment advisor that handles about $360 million in assets under management. The firm focuses on investing in growth-oriented equities, and its strategies are centered around investing in companies with innovative and disruptive technologies, as well as high-quality management teams.

In this blog post, we will analyze the changes in holdings of Argyle Capital Management Inc. in Q3 2022 vs. Q4 2022. The data used for this analysis was based on the 13F filings submitted to the Securities and Exchange Commission (SEC) by the investment company. The 13F filings provide insights into the positions that an investment company holds in publicly traded companies with a market value of more than $100 million.

The table above shows the comparison of holdings of Argyle Capital Management Inc. in Q3 2022 and Q4 2022. As indicated in the table, the percentage change column displays the percentage by which the holdings in each company changed from Q3 2022 to Q4 2022.

The largest position held by Argyle Capital Management Inc. was Microsoft Corp, which had a market value of $10,691,000 in Q4 2022, a decrease of 2.3% from the previous quarter. Johnson & Johnson, Procter & Gamble Co, and Cisco Systems Inc, were among the other significant holdings for the firm.

One notable change in the holdings of Argyle Capital Management Inc. is that it increased its position in Caterpillar Inc Del by 45.5%, from 19,698 shares in Q3 2022 to 19,635 shares in Q4 2022. Caterpillar Inc Del is an American corporation that designs, manufactures, markets, and sells machinery, engines, financial products, and insurance to customers via a worldwide dealer network.

Another notable change is the firm's increasing position in Halliburton Co by 56%, from 63,450 shares to 63,450 shares. Halliburton is a multinational corporation that provides services and products to the energy industry. The firm's products and services span the entire spectrum of the gas and oil industry from upstream exploration and production to downstream refining and distribution.

On the other hand, Waste Management Inc Del was the biggest loser for Argyle Capital Management Inc., as the company's investments dropped 4.7%, from 26,750 shares in Q3 2022 to 26,025 shares in Q4 2022. Waste Management Inc Del is an American waste management, comprehensive waste, and environmental services company that provides collection, transfer, recycling, resource recovery, and disposal services.

Other positions that recorded a slump in Argyle Capital Management Inc.'s portfolio in Q4 2022 include MetLife Inc (-15.5%), Wells Fargo & Co New (-2.6%), CVS Health Corp (-2.6%), and H&R Block Inc (-17.5%).

Overall, Argyle Capital Management Inc.'s portfolio is heavily invested in technology, consumer goods, and health care companies. The investment firm's focus on growth-oriented companies is evident in its notable holdings in Microsoft Corp, Johnson & Johnson, and Caterpillar Inc Del, among others.

In conclusion, the changes in holdings of Argyle Capital Management Inc. in Q3 2022 vs. Q4 2022 provide significant insight into the investment firm's investment strategies. With the continuous dynamism in the stock market and the economy-at-large, it would be interesting to see how the firm adapts its investments to changing market conditions in the coming quarters.