Fox Run Management L.L.C. Acquires 2,529 Shares of Frontdoor Inc. $FTDR

Fox Run Management L.L.C. raised its holdings in Frontdoor Inc. (NASDAQ:FTDR) by 11.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,779 shares of the company’s stock after acquiring an additional 2,529 shares during the quarter. Fox Run Management L.L.C.’s holdings in Frontdoor were worth $1,402,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Bessemer Group Inc. raised its holdings in shares of Frontdoor by 322.1% during the 2nd quarter. Bessemer Group Inc. now owns 515 shares of the company’s stock valued at $30,000 after purchasing an additional 393 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in Frontdoor in the first quarter worth $42,000. Huntington National Bank increased its position in Frontdoor by 56.0% during the second quarter. Huntington National Bank now owns 1,482 shares of the company’s stock worth $87,000 after buying an additional 532 shares during the last quarter. IFP Advisors Inc raised its holdings in Frontdoor by 80,766.7% during the first 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. Finally, CWM LLC lifted its position in shares of Frontdoor by 91.2% in the first quarter. CWM LLC now owns 2,574 shares of the company’s stock worth $99,000 after buying an additional 1,228 shares during the last quarter.

Frontdoor Stock Performance

Shares of NASDAQ FTDR opened at $50.42 on Friday. The company has a quick ratio of 1.49, a current ratio of 1.73 and a debt-to-equity ratio of 3.64. The business’s 50 day moving average is $65.26 and its two-hundred day moving average is $59.12. The company has a market cap of $3.64 billion, a P/E ratio of 14.36 and a beta of 1.35. Frontdoor Inc. has a 12 month low of $35.61 and a 12 month high of $70.14.

Frontdoor (NASDAQ:FTDR) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $1.58 earnings per share for the quarter, beating the consensus estimate of $1.49 by $0.09. The company had revenue of $618.00 million during the quarter, compared to analysts’ expectations of $610.77 million. Frontdoor had a return on equity of 122.74% and a net margin of 12.87%.Frontdoor’s revenue for the quarter was up 14.4% compared to the same quarter last year. During the same period in the prior year, the business earned $1.38 earnings per share. Frontdoor has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. On average, equities analysts expect that Frontdoor Inc. will post 3.07 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on FTDR shares. Zacks Research lowered Frontdoor from a “strong-buy” rating to a “hold” rating in a report on Friday, October 10th. Oppenheimer upped their target price 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 lifted their price target on shares of Frontdoor from $67.00 to $71.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. Wall Street Zen cut shares of Frontdoor from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Weiss Ratings upgraded shares of Frontdoor from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Saturday, October 25th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently 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.