Fenimore Asset Management Inc Has $14.17 Million Position in Frontdoor Inc. $FTDR

Key Points

• Fenimore Asset Management reduced its stake in Frontdoor by 27.9% to 245,564 shares valued at about $14.17 million, representing roughly 0.34% ownership.
• Q1 results beat expectations — Frontdoor reported $0.73 EPS versus $0.66 consensus and $451M revenue (up ~5.9% YoY), while FY‑2026 and Q2 guidance were broadly in line with analysts' forecasts.
• Balance‑sheet risk and analyst view: the company carries high leverage (debt/equity ~4.7–4.95), which raises concern if growth or rates deteriorate, even as analysts remain mixed with a consensus "Moderate Buy" and ~ $68.60 price target.

Fenimore Asset Management Inc reduced its holdings in Frontdoor Inc. (NASDAQ:FTDR - Free Report) by 27.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 245,564 shares of the company's stock after selling 95,056 shares during the quarter. Fenimore Asset Management Inc owned about 0.34% of Frontdoor worth $14,167,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Private Trust Co. NA grew its position in shares of Frontdoor by 256.3% in the fourth quarter. Private Trust Co. NA now owns 563 shares of the company's stock valued at $32,000 after purchasing an additional 405 shares during the last quarter. Salomon & Ludwin LLC acquired a new stake in shares of Frontdoor in the third quarter valued at about $35,000. EverSource Wealth Advisors LLC grew its position in shares of Frontdoor by 164.6% in the second quarter. EverSource Wealth Advisors LLC now owns 799 shares of the company's stock valued at $47,000 after purchasing an additional 497 shares during the last quarter. Quarry LP grew its position in shares of Frontdoor by 429.5% in the third quarter. Quarry LP now owns 879 shares of the company's stock valued at $59,000 after purchasing an additional 713 shares during the last quarter. Finally, LSV Asset Management acquired a new stake in shares of Frontdoor in the third quarter valued at about $87,000.

Analyst Upgrades and Downgrades

FTDR has been the subject of several research reports. Wall Street Zen cut shares of Frontdoor from a "buy" rating to a "hold" rating in a research note on Sunday, March 8th. Truist Financial set a $71.00 target price on shares of Frontdoor in a research note on Monday, January 26th. Weiss Ratings upgraded shares of Frontdoor from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Wednesday, April 22nd. Oppenheimer reiterated an "outperform" rating and issued a $70.00 target price on shares of Frontdoor in a research note on Thursday, February 26th. Finally, The Goldman Sachs Group upgraded shares of Frontdoor from a "sell" rating to a "neutral" rating and increased their target price for the company from $50.00 to $67.00 in a research note on Monday, March 2nd. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $68.60.

Frontdoor Stock Up 0.2%

Shares of FTDR opened at $68.80 on Friday. The stock has a market cap of $4.86 billion, a price-to-earnings ratio of 19.71 and a beta of 1.55. The company has a quick ratio of 1.55, a current ratio of 1.47 and a debt-to-equity ratio of 4.95. Frontdoor Inc. has a 12 month low of $46.89 and a 12 month high of $70.77. The company has a 50-day moving average price of $60.33 and a two-hundred day moving average price of $58.73.

Frontdoor (NASDAQ:FTDR - Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The company reported $0.73 EPS for the quarter, topping analysts' consensus estimates of $0.66 by $0.07. The firm had revenue of $451.00 million during the quarter, compared to analysts' expectations of $442.28 million. Frontdoor had a net margin of 12.22% and a return on equity of 118.62%. The company's revenue for the quarter was up 5.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.64 earnings per share. Equities analysts predict that Frontdoor Inc. will post 4.48 EPS for the current fiscal year.

Key Headlines Impacting Frontdoor

Here are the key news stories impacting Frontdoor this week:

• Positive Sentiment: Q1 results beat expectations — Frontdoor reported $0.73 EPS vs. consensus $0.66 and revenue of $451M vs. ~$442M, with revenue up ~5.9% year-over-year; management released the press deck and conference materials after the print. Zacks: Q1 Earnings and Revenues Top Estimates
• Positive Sentiment: Market reaction and coverage emphasize the beat — equity commentary and summary pieces note the stronger-than-expected quarter and positive investor response. KalkineMedia: Frontdoor Climbs on Strong Performance
• Neutral Sentiment: Guidance provided for FY‑2026 and Q2 (revenue ranges roughly around ~$2.2B for FY and $635M–$650M for Q2) — ranges are generally in line with consensus, so guidance neither materially surprises to the upside nor signals a major downgrade; EPS guidance text in some reports was unclear. See the company presentation for details. Seeking Alpha: Q1 Results Presentation
• Neutral Sentiment: Earnings call/transcript and slide deck are available — provides transparency on margin drivers (net margin ~12%), product mix and membership trends for investors who want line‑item detail. Seeking Alpha: Q1 Earnings Call Transcript
• Negative Sentiment: Leverage is a risk — the company carries a high debt-to-equity ratio (background metrics show ~4.7x), which can amplify returns but raises concern if growth slows or interest costs rise. (Monitor liquidity and any commentary on capital allocation in the slide deck/call.)

About Frontdoor

Frontdoor, Inc NASDAQ: FTDR is a leading provider of home service plans and repair solutions for residential property owners. The company offers contract-based coverage that helps homeowners manage the cost of repairing and replacing essential household systems and appliances, including heating and cooling, plumbing, electrical wiring, water heaters, washers, dryers, refrigerators and other major kitchen equipment.

Frontdoor delivers its services through a nationwide network of independent service professionals and contractors, leveraging a cloud-based platform and call center infrastructure to coordinate service visits and process claims.

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