Frontdoor Inc. $FTDR is Reinhart Partners LLC.’s 10th Largest Position

Reinhart Partners LLC. increased its stake in Frontdoor Inc. (NASDAQ:FTDR) by 4.0% during the second quarter, HoldingsChannel reports. The firm owned 1,684,065 shares of the company’s stock after acquiring an additional 64,561 shares during the period. Frontdoor comprises approximately 3.0% of Reinhart Partners LLC.’s portfolio, making the stock its 10th biggest holding. Reinhart Partners LLC.’s holdings in Frontdoor were worth $130,668,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Private Trust Co. NA grew its holdings in Frontdoor by 256.3% during 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 period. EverSource Wealth Advisors LLC raised its stake 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 buying an additional 497 shares during the period. Quarry LP raised its stake 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 buying an additional 713 shares during the period. Global Retirement Partners LLC lifted its position in shares of Frontdoor by 8,376.9% during the 4th quarter. Global Retirement Partners LLC now owns 1,102 shares of the company’s stock valued at $64,000 after buying an additional 1,089 shares during the last quarter. Finally, Huntington National Bank lifted its position in shares of Frontdoor by 18.8% during the 4th quarter. Huntington National Bank now owns 1,723 shares of the company’s stock valued at $99,000 after buying an additional 273 shares during the last quarter.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Truist Financial lifted their price objective on Frontdoor from $82.00 to $105.00 and gave the stock a “buy” rating in a report on Friday. Oppenheimer upped their price objective on shares of Frontdoor from $70.00 to $100.00 and gave the company an “outperform” rating in a report on Friday. The Goldman Sachs Group reiterated a “neutral” rating on shares of Frontdoor in a research note on Friday. Weiss Ratings lowered shares of Frontdoor from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, May 21st. Finally, Benchmark raised their price objective on shares of Frontdoor from $80.00 to $96.00 and gave the stock a “buy” rating in a report on Friday. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Frontdoor currently has a consensus rating of “Moderate Buy” and an average target price of $92.00.

Frontdoor News Roundup

Here are the key news stories impacting Frontdoor this week:

• Positive Sentiment: Q2 earnings beat expectations: Frontdoor reported adjusted earnings of $1.93 per share, above the $1.76–$1.78 analyst estimates and up from $1.63 a year ago. Revenue increased 4.5% year over year to $645 million, modestly ahead of the $643.4 million consensus. Frontdoor Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Guidance and operating trends improved: Management raised its full-year revenue outlook to approximately $2.19 billion–$2.21 billion. The outlook reflects returning membership growth and margin expansion, while third-quarter revenue guidance of $642 million–$652 million is above the $641.1 million consensus. FTDR Q2 Deep Dive
• Positive Sentiment: Shareholder returns support sentiment: Frontdoor plans to repurchase up to $330 million of its shares in 2026, which could reduce the share count and provide additional support for earnings per share. Frontdoor Plans 2026 Buybacks
• Positive Sentiment: Analysts became more bullish: Benchmark raised its price target from $80 to $96 and assigned a Buy rating, while Truist increased its target from $82 to $105 and also rated the stock Buy. The revisions indicate greater confidence in Frontdoor’s earnings outlook following the quarterly results. Benzinga analyst updates

Frontdoor Stock Up 1.0%

FTDR stock opened at $90.83 on Friday. The company has a quick ratio of 1.47, a current ratio of 1.59 and a debt-to-equity ratio of 3.98. The firm has a market capitalization of $6.38 billion, a PE ratio of 24.09 and a beta of 1.47. Frontdoor Inc. has a twelve month low of $48.47 and a twelve month high of $93.43. The stock has a 50-day simple moving average of $72.99 and a two-hundred day simple moving average of $64.73.

Frontdoor (NASDAQ:FTDR) last announced its quarterly earnings results on Thursday, August 6th. The company reported $1.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.76 by $0.17. Frontdoor had a net margin of 12.72% and a return on equity of 120.90%. The firm had revenue of $645.00 million for the quarter, compared to the consensus estimate of $643.40 million. During the same period in the prior year, the firm posted $1.63 earnings per share. The company’s revenue for the quarter was up 4.5% on a year-over-year basis. On average, equities analysts predict that Frontdoor Inc. will post 4.48 EPS for the current fiscal year.

Frontdoor Company Profile

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.