13,487 Shares in Frontdoor Inc. $FTDR Purchased by Neuberger Berman Group LLC

Neuberger Berman Group LLC bought a new stake in shares of Frontdoor Inc. (NASDAQ:FTDR) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 13,487 shares of the company’s stock, valued at approximately $795,000.

Several other institutional investors also recently added to or reduced their stakes in the business. KLP Kapitalforvaltning AS boosted its position in shares of Frontdoor by 0.6% in the second quarter. KLP Kapitalforvaltning AS now owns 33,700 shares of the company’s stock valued at $1,986,000 after acquiring an additional 200 shares during the period. Blue Trust Inc. increased its position in Frontdoor by 9.1% during the second quarter. Blue Trust Inc. now owns 3,032 shares of the company’s stock worth $179,000 after acquiring an additional 252 shares during the period. Bessemer Group Inc. raised its stake in 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 during the last quarter. TD Private Client Wealth LLC boosted its holdings in Frontdoor by 14.4% in the 2nd quarter. TD Private Client Wealth LLC now owns 3,588 shares of the company’s stock valued at $211,000 after purchasing an additional 452 shares during the period. Finally, Livforsakringsbolaget Skandia Omsesidigt boosted its holdings in Frontdoor by 1.2% in the 2nd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 42,200 shares of the company’s stock valued at $2,487,000 after purchasing an additional 500 shares during the period.

Analysts Set New Price Targets

FTDR has been the topic of several research reports. Oppenheimer boosted their price objective on shares of Frontdoor from $56.00 to $63.00 and gave the stock an “outperform” rating in a report on Wednesday, August 6th. 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. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Frontdoor in a report on Tuesday. Zacks Research lowered Frontdoor from a “strong-buy” rating to a “hold” rating in a report on Friday, October 10th. Finally, Wall Street Zen cut Frontdoor from a “buy” rating to a “hold” rating in a research report on Monday, November 24th. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $59.75.

Frontdoor Stock Up 0.2%

Shares of FTDR opened at $53.93 on Friday. The stock has a market cap of $3.89 billion, a price-to-earnings ratio of 15.36 and a beta of 1.35. The company has a quick ratio of 1.73, a current ratio of 1.73 and a debt-to-equity ratio of 3.64. Frontdoor Inc. has a 12 month low of $35.61 and a 12 month high of $70.14. The company has a 50-day moving average price of $61.33 and a two-hundred day moving average price of $59.65.

Frontdoor (NASDAQ:FTDR) last released 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 for the quarter, compared to analyst estimates of $610.77 million. Frontdoor had a return on equity of 122.74% and a net margin of 12.87%.The company’s revenue was up 14.4% compared to the same quarter last year. During the same period in the prior year, the company posted $1.38 EPS. Frontdoor has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Equities analysts predict that Frontdoor Inc. will post 3.07 EPS for the current fiscal year.

About Frontdoor

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.