Pullen Investment Management LLC Raises Stock Position in Frontdoor Inc. $FTDR

Pullen Investment Management LLC lifted its stake in shares of Frontdoor Inc. (NASDAQ:FTDR) by 80.7% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 28,813 shares of the company’s stock after acquiring an additional 12,864 shares during the quarter. Pullen Investment Management LLC’s holdings in Frontdoor were worth $1,698,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd purchased a new stake in Frontdoor in the 1st quarter valued at $42,000. IFP Advisors Inc raised its position in Frontdoor by 80,766.7% in the 1st quarter. IFP Advisors Inc now owns 2,426 shares of the company’s stock valued at $93,000 after purchasing an additional 2,423 shares during the last quarter. GAMMA Investing LLC raised its position in Frontdoor by 16.5% in the 1st quarter. GAMMA Investing LLC now owns 2,447 shares of the company’s stock valued at $94,000 after purchasing an additional 347 shares during the last quarter. CWM LLC raised its position in Frontdoor by 91.2% in the 1st quarter. CWM LLC now owns 2,574 shares of the company’s stock valued at $99,000 after purchasing an additional 1,228 shares during the last quarter. Finally, US Bancorp DE raised its position in Frontdoor by 22.5% in the 1st quarter. US Bancorp DE now owns 3,008 shares of the company’s stock valued at $116,000 after purchasing an additional 553 shares during the last quarter.

Frontdoor Stock Performance

Shares of FTDR opened at $68.83 on Friday. The company has a 50-day simple moving average of $64.83 and a 200-day simple moving average of $57.56. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 4.56. The company has a market capitalization of $5.01 billion, a PE ratio of 20.30 and a beta of 1.33. Frontdoor Inc. has a 52-week low of $35.61 and a 52-week high of $70.14.

Frontdoor (NASDAQ:FTDR) last announced 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 net margin of 13.07% and a return on equity of 125.21%. The business’s revenue was up 13.8% compared to the same quarter last year. During the same quarter last year, the firm posted $1.27 EPS. Frontdoor has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities research analysts predict that Frontdoor Inc. will post 3.07 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Frontdoor news, SVP Jeffrey Fiarman sold 129,673 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the senior vice president directly 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 legal filing with the SEC, which can be accessed through this link. Company insiders own 1.48% of the company’s stock.

Wall Street Analyst Weigh In

FTDR has been the subject of several research reports. Weiss Ratings upgraded shares of Frontdoor from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Saturday. Oppenheimer boosted their price objective on shares of Frontdoor from $56.00 to $63.00 and gave the company an “outperform” rating in a research note on Wednesday, August 6th. Zacks Research cut shares of Frontdoor from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 10th. The Goldman Sachs Group boosted their price objective on shares of Frontdoor from $44.00 to $50.00 and gave the company a “sell” rating in a research note on Wednesday, August 6th. Finally, Truist Financial boosted their price objective on shares of Frontdoor from $67.00 to $71.00 and gave the company a “buy” rating in a research note on Wednesday, August 6th. Three equities 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 stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $59.75.

Frontdoor Company 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.