Capital Fund Management S.A. Takes $868,000 Position in Frontdoor Inc. $FTDR

Key Points

• Capital Fund Management S.A. has acquired a new stake in Frontdoor Inc., purchasing 22,601 shares valued at approximately $868,000 in the first quarter of the year.
• Insider trading reveals that SVP Jeffrey Fiarman sold 129,673 shares, representing a significant 78.92% decrease in his ownership, with the shares sold totaling over $7.28 million.
• Frontdoor reported a strong Q2 earnings performance, with $1.63 EPS exceeding analyst estimates and revenue of $617 million, marking a 13.8% year-over-year increase.

Capital Fund Management S.A. purchased a new stake in shares of Frontdoor Inc. (NASDAQ:FTDR - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 22,601 shares of the company's stock, valued at approximately $868,000.

Several other large investors have also recently added to or reduced their stakes in the company. Boston Partners grew its stake in Frontdoor by 1.2% during the first quarter. Boston Partners now owns 5,980,271 shares of the company's stock worth $229,891,000 after buying an additional 68,733 shares during the last quarter. Fuller & Thaler Asset Management Inc. raised its stake in shares of Frontdoor by 33.1% during the first quarter. Fuller & Thaler Asset Management Inc. now owns 2,752,723 shares of the company's stock worth $105,760,000 after buying an additional 685,148 shares during the last quarter. Reinhart Partners LLC. raised its stake 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 worth $91,005,000 after buying an additional 331,066 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Frontdoor by 0.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,791,666 shares of the company's stock worth $97,952,000 after buying an additional 10,192 shares during the last quarter. Finally, Invesco Ltd. raised its stake in shares of Frontdoor by 46.9% during the first quarter. Invesco Ltd. now owns 1,223,776 shares of the company's stock worth $47,017,000 after buying an additional 390,434 shares during the last quarter.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on FTDR shares. Zacks Research raised shares of Frontdoor from a "hold" rating to a "strong-buy" rating in a research note on Wednesday. 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 report on Wednesday, August 6th. JPMorgan Chase & Co. boosted their price objective on shares of Frontdoor from $50.00 to $55.00 and gave the company a "neutral" rating in a report on Tuesday, June 3rd. Oppenheimer boosted their price objective on shares of Frontdoor from $56.00 to $63.00 and gave the company an "outperform" rating in a report on Wednesday, August 6th. Finally, 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 report on Wednesday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $59.75.

Insider Transactions at Frontdoor

In other Frontdoor 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 directly owned 34,646 shares of the company's stock, valued at approximately $1,945,372.90. This represents a 78.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 1.48% of the company's stock.

Frontdoor Stock Up 0.6%

Shares of FTDR stock traded up $0.37 during trading on Friday, reaching $60.75. The company's stock had a trading volume of 774,757 shares, compared to its average volume of 720,024. The business has a fifty day moving average price of $58.58 and a 200-day moving average price of $51.41. 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 cap of $4.43 billion, a price-to-earnings ratio of 17.92 and a beta of 1.32. Frontdoor Inc. has a one year low of $35.61 and a one year high of $64.91.

Frontdoor (NASDAQ:FTDR - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The company reported $1.63 EPS for the quarter, topping analysts' consensus estimates of $1.44 by $0.19. Frontdoor had a net margin of 13.07% and a return on equity of 125.21%. The business had revenue of $617.00 million for the quarter, compared to analyst estimates of $602.62 million. During the same quarter in the previous year, the firm posted $1.27 earnings per share. The firm's revenue for the quarter was up 13.8% on a year-over-year basis. Frontdoor has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Analysts anticipate that Frontdoor Inc. will post 3.07 earnings per share for the current year.

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.