14,599 Frontdoor Inc. $FTDR Shares Sold by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al lessened its stake in shares of Frontdoor Inc. (NASDAQ:FTDR – Free Report) by 71.2% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 5,900 shares of the company’s stock after selling 14,599 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Frontdoor were worth $431,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of FTDR. BlackRock Inc. purchased a new position in Frontdoor during the second quarter worth $859,552,000. Renaissance Technologies LLC increased its position in Frontdoor by 1.3% during the first quarter. Renaissance Technologies LLC now owns 1,849,787 shares of the company’s stock valued at $97,780,000 after acquiring an additional 23,800 shares during the last quarter. Reinhart Partners LLC. increased its position in Frontdoor by 4.0% during the second quarter. Reinhart Partners LLC. now owns 1,684,065 shares of the company’s stock valued at $130,668,000 after acquiring an additional 64,561 shares during the last quarter. Jupiter Topco LLC purchased a new stake in shares of Frontdoor in the second quarter valued at $113,873,000. Finally, Arrowstreet Capital Limited Partnership raised its stake in shares of Frontdoor by 0.5% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,461,003 shares of the company’s stock valued at $77,229,000 after acquiring an additional 7,145 shares during the period.

Trending Headlines about Frontdoor

Here are the key news stories impacting Frontdoor this week:

  • Positive Sentiment: Truist Financial raised its price target on FTDR from $105 to $115 and reiterated a “buy” rating. The new target implies about 18% upside from the cited share price. Truist Financial recommendations
  • Positive Sentiment: Third-quarter results exceeded expectations: Frontdoor reported EPS of $1.81 versus the $1.77 consensus and revenue of $655 million versus an estimated $647.7 million. Revenue rose 6% year over year, while EPS increased from $1.58 a year earlier. Frontdoor Q3 earnings and revenues beat estimates
  • Positive Sentiment: Fourth-quarter revenue guidance of $453 million to $463 million has a midpoint above analysts’ $455.1 million estimate, suggesting a modest near-term outlook beat. Frontdoor Q4 revenue outlook
  • Positive Sentiment: A report highlighted a new $1 billion buyback, which could support shareholder returns and demand for the stock. Frontdoor Q3 2026: Heat Wave, Beat, and a New $1B Buyback
  • Neutral Sentiment: Full-year 2026 revenue guidance of $2.2 billion is in line with consensus, so it offers little change to current expectations. Frontdoor Q3 2026 earnings call transcript

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Wolfe Research upgraded shares of Frontdoor to an “outperform” rating in a report on Monday, August 24th. Benchmark upped their price target on shares of Frontdoor from $80.00 to $96.00 and gave the company a “buy” rating in a report on Friday, August 7th. Truist Financial increased their price objective on shares of Frontdoor from $105.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday. The Goldman Sachs Group decreased their price objective on shares of Frontdoor from $91.00 to $81.00 and set a “neutral” rating for the company in a research note on Monday, October 12th. Finally, JPMorgan Chase & Co. assumed coverage on shares of Frontdoor in a research note on Monday, August 24th. They issued a “neutral” rating and a $95.00 price objective for the company. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $97.40.

Check Out Our Latest Stock Analysis on Frontdoor

Frontdoor Stock Performance

Shares of Frontdoor stock opened at $97.09 on Friday. The stock’s fifty day moving average is $80.90 and its two-hundred day moving average is $70.15. The company has a market capitalization of $6.69 billion, a PE ratio of 24.27 and a beta of 1.60. The company has a quick ratio of 1.59, a current ratio of 1.75 and a debt-to-equity ratio of 3.57. Frontdoor Inc. has a 52 week low of $48.47 and a 52 week high of $103.07.

Frontdoor (NASDAQ:FTDR – Get Free Report) last released its earnings results on Thursday, November 5th. The company reported $1.81 earnings per share for the quarter, topping the consensus estimate of $1.77 by $0.04. The business had revenue of $655.00 million during the quarter, compared to the consensus estimate of $647.73 million. Frontdoor had a return on equity of 124.74% and a net margin of 12.96%. The business’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same period last year, the company earned $1.58 earnings per share. As a group, analysts expect that Frontdoor Inc. will post 4.73 earnings per share for the current year.

Frontdoor Company Profile

(Free Report)

Frontdoor, Inc (NASDAQ: FTDR) is a provider of home warranties and related home repair services. The company helps homeowners manage the cost and complexity of maintaining household systems and appliances, including heating and cooling equipment, plumbing, electrical systems, water heaters and major kitchen appliances.

Frontdoor operates primarily through its American Home Shield brand, which offers home service plans and access to a network of professional contractors. The company also provides digital tools and services designed to help homeowners diagnose household problems, request service and connect with qualified professionals.

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Institutional Ownership by Quarter for Frontdoor (NASDAQ:FTDR)

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