Vanguard Personalized Indexing Management LLC Buys New Position in Frontdoor Inc. $FTDR

Vanguard Personalized Indexing Management LLC bought a new stake in shares of Frontdoor Inc. (NASDAQ:FTDR) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 5,903 shares of the company’s stock, valued at approximately $348,000.

Other large investors also recently added to or reduced their stakes in the company. Principal Financial Group Inc. grew its position in Frontdoor by 2.3% during the first quarter. Principal Financial Group Inc. now owns 408,982 shares of the company’s stock valued at $15,713,000 after buying an additional 9,161 shares during the period. GAMMA Investing LLC grew its position in 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 buying an additional 347 shares during the period. Oppenheimer Asset Management Inc. boosted its position in shares of Frontdoor by 48.7% in the first quarter. Oppenheimer Asset Management Inc. now owns 24,317 shares of the company’s stock worth $934,000 after purchasing an additional 7,967 shares during the period. New York State Common Retirement Fund boosted its position in shares of Frontdoor by 775.3% in the first quarter. New York State Common Retirement Fund now owns 212,552 shares of the company’s stock worth $8,166,000 after purchasing an additional 188,268 shares during the period. Finally, Wealth Enhancement Advisory Services LLC bought a new position in shares of Frontdoor in the second quarter worth approximately $247,000.

Analysts Set New Price Targets

A number of research firms have weighed in on FTDR. Weiss Ratings lowered shares of Frontdoor from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, October 8th. Oppenheimer upped their price target on shares of Frontdoor from $56.00 to $63.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 6th. The Goldman Sachs Group upped their price target on shares of Frontdoor from $44.00 to $50.00 and gave the stock a “sell” rating in a research report on Wednesday, August 6th. Zacks Research lowered shares of Frontdoor from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 10th. Finally, Truist Financial upped their price target on shares of Frontdoor from $67.00 to $71.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Two analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $59.75.

Frontdoor Price Performance

FTDR stock opened at $69.38 on Friday. Frontdoor Inc. has a one year low of $35.61 and a one year high of $69.64. The company’s fifty day moving average price is $64.63 and its 200-day moving average price is $57.20. The company has a debt-to-equity ratio of 4.56, a quick ratio of 1.49 and a current ratio of 1.49. The company has a market capitalization of $5.05 billion, a PE ratio of 20.47 and a beta of 1.33.

Frontdoor (NASDAQ:FTDR) last released its quarterly earnings results on Tuesday, August 5th. The company reported $1.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.44 by $0.19. The company had revenue of $617.00 million for the quarter, compared to the consensus estimate of $602.62 million. Frontdoor had a net margin of 13.07% and a return on equity of 125.21%. Frontdoor’s revenue was up 13.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.27 earnings per share. 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 fiscal year.

Insider Transactions at Frontdoor

In related news, SVP Jeffrey Fiarman sold 129,673 shares of the company’s stock in a transaction on Thursday, August 7th. The shares were 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 $1,945,372.90. This represents a 78.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.48% of the stock is currently owned by insiders.

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.