TD Private Client Wealth LLC Buys 452 Shares of Frontdoor Inc. $FTDR

TD Private Client Wealth LLC increased its stake in shares of Frontdoor Inc. (NASDAQ:FTDR) by 14.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,588 shares of the company’s stock after buying an additional 452 shares during the quarter. TD Private Client Wealth LLC’s holdings in Frontdoor were worth $211,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Public Employees Retirement System of Ohio boosted its position in Frontdoor by 5.6% in the second quarter. Public Employees Retirement System of Ohio now owns 78,660 shares of the company’s stock worth $4,636,000 after purchasing an additional 4,200 shares during the last quarter. Counterpoint Mutual Funds LLC purchased a new position in Frontdoor in the second quarter worth $404,000. GAMMA Investing LLC boosted its position in Frontdoor by 42.5% in the second quarter. GAMMA Investing LLC now owns 3,486 shares of the company’s stock worth $205,000 after purchasing an additional 1,039 shares during the last quarter. Park Avenue Securities LLC purchased a new position in Frontdoor in the second quarter worth $289,000. Finally, Compass Ion Advisors LLC purchased a new position in Frontdoor in the second quarter worth $271,000.

Analyst Ratings Changes

Several research analysts have weighed in on the company. The Goldman Sachs Group boosted their price objective on Frontdoor from $44.00 to $50.00 and gave the stock a “sell” rating in a research report on Wednesday, August 6th. Oppenheimer boosted their price objective on Frontdoor from $56.00 to $63.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 6th. Truist Financial boosted their price objective on Frontdoor from $67.00 to $71.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Zacks Research raised Frontdoor from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 27th. Finally, JPMorgan Chase & Co. upped their price target on Frontdoor from $50.00 to $55.00 and gave the company a “neutral” rating in a research report on Tuesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $59.75.

Frontdoor Stock Up 0.3%

Shares of NASDAQ FTDR opened at $66.96 on Monday. Frontdoor Inc. has a one year low of $35.61 and a one year high of $68.86. The company has a debt-to-equity ratio of 4.56, a current ratio of 1.49 and a quick ratio of 1.49. The business’s fifty day moving average price is $61.31 and its 200-day moving average price is $53.69. The stock has a market capitalization of $4.88 billion, a PE ratio of 19.75 and a beta of 1.34.

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

Insider Transactions at Frontdoor

In related news, SVP Jeffrey Fiarman sold 129,673 shares of the 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 sale, the senior vice president owned 34,646 shares of the company’s stock, valued at approximately $1,945,372.90. This represents a 78.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.48% of the company’s stock.

About Frontdoor

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.