Friedenthal Expands Portfolio
Friedenthal Financial Reports Significant New Investments Across Five Diverse Stocks in Q1
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Key Points
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In Travel + Leisure Co. (TNL), Friedenthal's new 15,668-share stake was complemented by notable activity from other funds: Invesco increased by 146,484 shares to 3,632,657; AQR added 855,151 to 2,682,604; LSV Asset Management added 17,377 to 1,612,657; Geode Capital Management added 10,137 to 1,208,918; Morgan Stanley added 77,135 to 906,101, with institutional investors owning about 87.54% of the stock.
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For EOG Resources, beyond Friedenthal's 6,443-share new stake worth about $931k, the stock's current metrics include an open price of $134.49, a 50-day moving average of $135.81 and a 200-day moving average of $125.35, and a quarterly dividend of $1.02 per share (3.0% yield) with an ex-dividend date of July 17.
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In Colgate-Palmolive Co. (CL), Friedenthal's purchase of 12,666 shares for about $1.08 million comes as hedge funds hold roughly 80.41% of the stock; CL opened at $91.88 with a 50-day moving average of $87.76 and a 200-day moving average of $86.90.
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ATI Inc. (ATI) saw Friedenthal take a new 6,741-share position worth about $981k; several large holders increased stakes in ATI, including Capital International Investors (17,147,559 shares), Capital World Investors (7,900,572), State Street Corp (6,042,244), Capital Research Global Investors (3,611,724), and Invesco (3,384,924). Analysts also weighed in, with Wall Street Zen lowering ATI to a 'hold' and Susquehanna boosting its price target.
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For Freeport-McMoRan (FCX), Friedenthal's new 16,883-share stake valued about $992k is part of broader institutional activity; other holders include KBC Group NV (up 49% in Q4 to 221,838 shares), Wellington Management (36,494,793 shares), Dynamic Technology Lab (81,892), Allianz Polska Private Banking (1,379,760), with institutions owning about 80.77% of the stock. FCX opened at $61.80; 50-day MA is $64.84 and 200-day MA is $60.58.
Friedenthal Financial, a New Jersey-based asset manager, opened five new stock positions in Q1 2026, deploying roughly $5 million across consumer, energy, materials, and mining sectors, according to SEC EDGAR. The firm bought stakes in Travel + Leisure (TNL), EOG Resources (EOG), Colgate-Palmolive (CL), ATI Inc. (ATI), and Freeport-McMoRan (FCX) — each position valued between $931,000 and $1.08 million.
The moves reflect a broader shift among smaller institutional managers away from high-valuation tech stocks and toward value-oriented sectors, according to MarketBeat. Institutions already own between 80% and 89% of most of these five companies, signaling crowded but active positioning.
Five New Stakes Spread Across Four Sectors
Friedenthal's largest purchases by share count were in Freeport-McMoRan (16,883 shares, ~$992,000) and Travel + Leisure (15,668 shares, ~$1.08 million), per SEC EDGAR. Colgate-Palmolive followed at 12,666 shares (~$1.08 million), then ATI Inc. at 6,741 shares (~$981,000), and EOG Resources at 6,443 shares (~$931,000).
The buys span defensive consumer staples (CL), energy (EOG), aerospace-grade specialty metals (ATI), copper mining (FCX), and leisure travel (TNL). MarketBeat noted the firm also added positions in Lam Research and Brunswick in Q1, reinforcing a multi-sector tilt away from pure tech exposure.
ATI and FCX Signal a Bet on Defense and Copper
ATI Inc. raised its full-year 2026 adjusted earnings guidance to $4.20–$4.48 per share in June, driven by surging aerospace and defense demand, according to Quiver Quantitative. The company also completed a $450 million senior notes offering on June 8 to refinance existing debt. Despite that momentum, Wall Street Zen cut ATI to a 'hold,' citing valuation concerns after a 111% year-over-year surge.
Freeport-McMoRan trades near $61.80, above its 200-day moving average of $60.58 but below its 50-day of $64.84. CEO Kathleen Quirk called the Grasberg mine slowdown a "timing issue, not a resource recovery issue" after a mud rush cut production, per Motley Fool. Morgan Stanley downgraded FCX to 'Equal Weight' on execution risk, while UBS raised its target to $74, betting on long-term copper demand.
Colgate Beats Sales Targets but Faces Tariff Squeeze
Colgate-Palmolive reported organic sales growth of 2.9% in Q1 but cut its gross margin outlook due to tariff pressures finalized on April 29, according to Quartz. CEO Noel Wallace cited "volatile macroeconomic conditions" while emphasizing "broad-based top and bottom-line growth." The stock now trades at $91.88, above both its 50-day moving average of $87.76 and its 200-day of $86.90.
Institutions hold about 80.41% of CL's shares. Wells Fargo favors the stock for its defensive, low-volatility profile, but some Bloomberg analysts warn that consumer staples earnings growth is projected at just 2.2% — a thin cushion if tariff costs widen further.
Travel and Energy Holdings Ride Resilient Demand
Travel + Leisure beat Q1 estimates with a non-GAAP profit of $1.45 per share and launched a $0.60 quarterly dividend, per Business Wire. CEO Michael Brown said the firm's "multi-brand strategy continues to advance," pointing to growth in Margaritaville Vacation Club and new Sports Illustrated Resorts. Goldman Sachs upgraded TNL to 'Buy' in June with an $85 price target, citing the stock's post-earnings dip as a value entry point.
EOG Resources declared a regular quarterly dividend of $1.02 per share — a 3.0% yield — with an ex-dividend date of July 17, according to Market Chameleon. The stock opened at $134.49, with a 50-day moving average of $135.81 and a 200-day of $125.35. EOG is holding oil production flat despite a $6.5 billion capital plan, prioritizing shareholder returns over volume growth, per Seeking Alpha.
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