Swiss National Bank Has $8.32 Million Stake in Frontdoor Inc. $FTDR

Swiss National Bank lowered its holdings in shares of Frontdoor Inc. (NASDAQ:FTDR) by 3.9% during the second quarter, HoldingsChannel reports. The firm owned 141,103 shares of the company’s stock after selling 5,800 shares during the quarter. Swiss National Bank’s holdings in Frontdoor were worth $8,317,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of FTDR. Bessemer Group Inc. grew its position in shares of Frontdoor by 322.1% in 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 period. Caitong International Asset Management Co. Ltd bought a new position in Frontdoor in the first quarter valued at approximately $42,000. Huntington National Bank boosted its holdings in shares of Frontdoor by 56.0% in the second quarter. Huntington National Bank now owns 1,482 shares of the company’s stock valued at $87,000 after buying an additional 532 shares during the period. US Bancorp DE increased its position in shares of Frontdoor by 22.5% during the first quarter. US Bancorp DE now owns 3,008 shares of the company’s stock worth $116,000 after acquiring an additional 553 shares in the last quarter. Finally, Blue Trust Inc. increased its position in shares of 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 in the last quarter.

Analyst Ratings Changes

FTDR has been the topic of several research reports. Zacks Research cut shares of Frontdoor from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 10th. Weiss Ratings reissued a “hold (c+)” rating on shares of Frontdoor in a research note on Tuesday. Wall Street Zen cut Frontdoor from a “buy” rating to a “hold” rating in a research report on Monday, November 24th. Oppenheimer increased their price objective on Frontdoor from $56.00 to $63.00 and gave the stock an “outperform” rating in a report on Wednesday, August 6th. Finally, Truist Financial boosted their target price on Frontdoor from $67.00 to $71.00 and gave the company a “buy” rating in a research note on Wednesday, August 6th. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Frontdoor has a consensus rating of “Hold” and a consensus price target of $59.75.

Frontdoor Trading Up 0.2%

Frontdoor stock opened at $53.93 on Friday. The company has a market cap of $3.89 billion, a price-to-earnings ratio of 15.36 and a beta of 1.35. The firm has a 50-day moving average of $61.33 and a 200-day moving average of $59.65. The company has a debt-to-equity ratio of 3.64, a current ratio of 1.73 and a quick ratio of 1.73. Frontdoor Inc. has a one year low of $35.61 and a one year high of $70.14.

Frontdoor (NASDAQ:FTDR) last released its earnings results on Wednesday, November 5th. The company reported $1.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.49 by $0.09. Frontdoor had a return on equity of 122.74% and a net margin of 12.87%.The business had revenue of $618.00 million for the quarter, compared to the consensus estimate of $610.77 million. During the same quarter in the previous year, the business earned $1.38 earnings per share. Frontdoor’s quarterly revenue was up 14.4% on a year-over-year basis. 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 earnings per share 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.