Fort Washington Investment Advisors Inc. OH Reduces Stock Holdings in Frontdoor Inc. $FTDR

Fort Washington Investment Advisors Inc. OH decreased its holdings in Frontdoor Inc. (NASDAQ:FTDR) by 11.6% in the second quarter, HoldingsChannel.com reports. The fund owned 530,226 shares of the company’s stock after selling 69,504 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Frontdoor were worth $31,252,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in FTDR. Nuveen LLC purchased a new position in Frontdoor during the first quarter valued at $32,213,000. Fiera Capital Corp purchased a new position in Frontdoor during the first quarter valued at $28,024,000. Fuller & Thaler Asset Management Inc. lifted its position in Frontdoor by 33.1% during the first quarter. Fuller & Thaler Asset Management Inc. now owns 2,752,723 shares of the company’s stock valued at $105,760,000 after buying an additional 685,148 shares during the period. Invesco Ltd. lifted its position in Frontdoor by 46.9% during the first quarter. Invesco Ltd. now owns 1,223,776 shares of the company’s stock valued at $47,017,000 after buying an additional 390,434 shares during the period. Finally, Reinhart Partners LLC. increased its holdings in shares of Frontdoor by 16.2% during the first quarter. Reinhart Partners LLC. now owns 2,368,684 shares of the company’s stock valued at $91,005,000 after acquiring an additional 331,066 shares in the last quarter.

Insider Activity

In other news, SVP Jeffrey Fiarman sold 129,673 shares of Frontdoor 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 transaction, the senior vice president directly owned 34,646 shares of the company’s stock, valued at $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 at this hyperlink. 1.48% of the stock is currently owned by corporate insiders.

Frontdoor Trading Up 0.3%

Frontdoor stock opened at $66.96 on Friday. The business has a 50-day simple moving average of $61.31 and a two-hundred day simple moving average of $53.58. The company has a market cap of $4.88 billion, a P/E ratio of 19.75 and a beta of 1.34. Frontdoor Inc. has a 52-week low of $35.61 and a 52-week high of $68.86. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 4.56.

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 business had revenue of $617.00 million during the quarter, compared to the consensus estimate of $602.62 million. Frontdoor had a return on equity of 125.21% and a net margin of 13.07%.The business’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same period in the previous year, the company posted $1.27 EPS. Frontdoor has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Analysts predict that Frontdoor Inc. will post 3.07 EPS for the current year.

Analyst Ratings Changes

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