B. Metzler seel. Sohn & Co. AG Has $1.06 Million Position in Frontdoor Inc. $FTDR

Key Points

• B. Metzler seel. Sohn & Co. AG increased its holdings in Frontdoor Inc. by 19.6%, acquiring an additional 4,529 shares, bringing their total to 27,679 shares valued at $1,063,000.
• Frontdoor reported an earnings per share (EPS) of $1.63 for the most recent quarter, surpassing analyst expectations of $1.44, and showed a 13.8% year-over-year revenue growth.
• Multiple analysts have revised their price targets for Frontdoor, with Truist Financial setting a new target of $71.00, while Goldman Sachs lowered theirs to $50.00, indicating mixed sentiment on the stock's future performance.

B. Metzler seel. Sohn & Co. AG lifted its position in shares of Frontdoor Inc. (NASDAQ:FTDR - Free Report) by 19.6% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 27,679 shares of the company's stock after buying an additional 4,529 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in Frontdoor were worth $1,063,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Frontdoor during the first quarter worth $42,000. IFP Advisors Inc raised its position in shares of Frontdoor by 80,766.7% in 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. GAMMA Investing LLC raised its position in shares of Frontdoor by 16.5% in the first quarter. GAMMA Investing LLC now owns 2,447 shares of the company's stock valued at $94,000 after buying an additional 347 shares in the last quarter. CWM LLC raised 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 valued at $99,000 after buying an additional 1,228 shares in the last quarter. Finally, Blue Trust Inc. raised its position in shares of Frontdoor by 70.3% in the first quarter. Blue Trust Inc. now owns 2,780 shares of the company's stock valued at $107,000 after buying an additional 1,148 shares in the last quarter.

Insider Activity

In other news, SVP Jeffrey Fiarman sold 129,673 shares of the company's stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $56.15, for a total value of $7,281,138.95. Following the completion of the transaction, the senior vice president owned 34,646 shares of the company's stock, valued at $1,945,372.90. This represents a 78.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 1.48% of the stock is owned by corporate insiders.

Frontdoor Price Performance

Shares of NASDAQ:FTDR traded up $0.77 during trading on Thursday, hitting $62.92. 277,249 shares of the company were exchanged, compared to its average volume of 739,229. The business's 50 day moving average is $58.74 and its 200-day moving average is $51.52. The company has a market capitalization of $4.58 billion, a P/E ratio of 18.55 and a beta of 1.34. 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 Inc. has a 1-year low of $35.61 and a 1-year high of $64.91.

Frontdoor (NASDAQ:FTDR - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The company reported $1.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.19. The company 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 company's revenue for the quarter was up 13.8% compared to the same quarter last year. During the same period in the prior year, the business earned $1.27 earnings per share. Frontdoor has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities analysts forecast that Frontdoor Inc. will post 3.07 earnings per share for the current year.

Analysts Set New Price Targets

FTDR has been the subject of a number of analyst reports. JPMorgan Chase & Co. lifted their price target on shares of Frontdoor from $50.00 to $55.00 and gave the company a "neutral" rating in a research report on Tuesday, June 3rd. The Goldman Sachs Group boosted their price target on Frontdoor from $44.00 to $50.00 and gave the company a "sell" rating in a research note on Wednesday, August 6th. Truist Financial boosted their price target on Frontdoor from $67.00 to $71.00 and gave the company a "buy" rating in a research note on Wednesday, August 6th. Oppenheimer boosted their price target on Frontdoor from $56.00 to $63.00 and gave the company an "outperform" rating in a research note on Wednesday, August 6th. Finally, Zacks Research raised Frontdoor from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, August 27th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price 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.