Ethic Inc. Purchases New Position in Frontdoor Inc. $FTDR

Ethic Inc. purchased a new stake in shares of Frontdoor Inc. (NASDAQ:FTDR) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 3,797 shares of the company’s stock, valued at approximately $222,000.

A number of other institutional investors also recently modified their holdings of FTDR. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Frontdoor during the 1st quarter valued at approximately $42,000. IFP Advisors Inc lifted its stake in shares of Frontdoor by 80,766.7% during the 1st quarter. IFP Advisors Inc now owns 2,426 shares of the company’s stock valued at $93,000 after buying an additional 2,423 shares in the last quarter. GAMMA Investing LLC lifted its stake in shares of Frontdoor by 16.5% during the 1st quarter. GAMMA Investing LLC now owns 2,447 shares of the company’s stock valued at $94,000 after buying an additional 347 shares in the last quarter. CWM LLC lifted its stake in shares of Frontdoor by 91.2% during the 1st quarter. CWM LLC now owns 2,574 shares of the company’s stock valued at $99,000 after buying an additional 1,228 shares in the last quarter. Finally, US Bancorp DE lifted its stake in shares of Frontdoor by 22.5% during the 1st quarter. US Bancorp DE now owns 3,008 shares of the company’s stock valued at $116,000 after buying an additional 553 shares in the last quarter.

Frontdoor Stock Performance

Frontdoor stock opened at $67.22 on Friday. The firm’s fifty day moving average price is $65.49 and its 200-day moving average price is $58.33. 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 stock has a market cap of $4.90 billion, a P/E ratio of 19.83 and a beta of 1.33. Frontdoor Inc. has a fifty-two week low of $35.61 and a fifty-two week high of $70.14.

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

Analyst Ratings Changes

Several research firms have issued reports on FTDR. Zacks Research cut shares of Frontdoor from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 10th. Oppenheimer raised their price target on shares of Frontdoor from $56.00 to $63.00 and gave the company an “outperform” rating in a report on Wednesday, August 6th. Weiss Ratings raised shares of Frontdoor from a “hold (c+)” rating to a “buy (b-)” rating in a report on Saturday, October 25th. The Goldman Sachs Group raised their price target on shares of Frontdoor from $44.00 to $50.00 and gave the company a “sell” rating in a report on Wednesday, August 6th. Finally, Truist Financial raised their price target on shares of Frontdoor from $67.00 to $71.00 and gave the company a “buy” rating in a report on Wednesday, August 6th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $59.75.

Insider Buying and Selling at Frontdoor

In other news, SVP Jeffrey Fiarman sold 129,673 shares of the firm’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 in the company, valued at approximately $1,945,372.90. This trade represents a 78.92% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 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.