Russell Investments Group Ltd. Buys 26,825 Shares of Frontdoor Inc. $FTDR

Russell Investments Group Ltd. raised its stake in shares of Frontdoor Inc. (NASDAQ:FTDR) by 35.6% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 102,214 shares of the company’s stock after acquiring an additional 26,825 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.14% of Frontdoor worth $3,927,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. IFP Advisors Inc lifted its holdings in shares of Frontdoor by 80,766.7% during the first quarter. IFP Advisors Inc now owns 2,426 shares of the company’s stock valued at $93,000 after acquiring an additional 2,423 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Frontdoor by 16.5% during the first quarter. GAMMA Investing LLC now owns 2,447 shares of the company’s stock valued at $94,000 after acquiring an additional 347 shares during the period. CWM LLC lifted its holdings in shares of Frontdoor by 91.2% during the first quarter. CWM LLC now owns 2,574 shares of the company’s stock valued at $99,000 after acquiring an additional 1,228 shares during the period. Blue Trust Inc. lifted its holdings in shares of Frontdoor by 70.3% during the first quarter. Blue Trust Inc. now owns 2,780 shares of the company’s stock valued at $107,000 after acquiring an additional 1,148 shares during the period. Finally, US Bancorp DE raised its holdings in shares of Frontdoor by 22.5% in the first quarter. US Bancorp DE now owns 3,008 shares of the company’s stock valued at $116,000 after buying an additional 553 shares during the last quarter.

Frontdoor Price Performance

Frontdoor stock opened at $59.76 on Friday. The firm has a market capitalization of $4.35 billion, a P/E ratio of 17.63 and a beta of 1.32. Frontdoor Inc. has a 1 year low of $35.61 and a 1 year high of $64.91. The business has a 50-day moving average of $58.25 and a 200-day moving average of $51.40. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 4.56.

Frontdoor (NASDAQ:FTDR) last posted its earnings results on Tuesday, August 5th. The company reported $1.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.19. The company had revenue of $617.00 million during the quarter, compared to analyst estimates of $602.62 million. Frontdoor had a return on equity of 125.21% and a net margin of 13.07%.The company’s revenue for the quarter was up 13.8% compared to the same quarter last year. During the same period in the previous year, the company earned $1.27 EPS. Frontdoor has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, equities analysts anticipate that Frontdoor Inc. will post 3.07 EPS for the current year.

Insider Activity

In other news, SVP Jeffrey Fiarman sold 129,673 shares of the business’s stock in a transaction dated Thursday, August 7th. The stock was sold at an average price of $56.15, for a total transaction of $7,281,138.95. Following the completion of the transaction, the senior vice president directly owned 34,646 shares in the company, valued at approximately $1,945,372.90. The trade was a 78.92% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.48% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on FTDR. JPMorgan Chase & Co. lifted their price target on Frontdoor from $50.00 to $55.00 and gave the company a “neutral” rating in a report on Tuesday, June 3rd. Truist Financial lifted their price target on Frontdoor from $67.00 to $71.00 and gave the company a “buy” rating in a report on Wednesday, August 6th. The Goldman Sachs Group lifted their price target on Frontdoor from $44.00 to $50.00 and gave the company a “sell” rating in a report on Wednesday, August 6th. Finally, Oppenheimer lifted their price target on Frontdoor from $56.00 to $63.00 and gave the company an “outperform” rating in a report on Wednesday, August 6th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $59.75.

Frontdoor Profile

Frontdoor, Inc provides home warranties in the United States in the United States. Its customizable home warranties help customers protect and maintain their homes from costly and unplanned breakdowns of essential home systems and appliances. The company’s home warranty customers subscribe to an annual service plan agreement that covers the repair or replacement of principal components of approximately 20 home systems and appliances, including electrical, plumbing, water heaters, refrigerators, dishwashers, and ranges/ovens/cooktops, as well as electronics, pools, and spas and pumps; and heating, ventilation, and air conditioning systems.