Rollins, Inc. $ROL Shares Acquired by National Pension Service

National Pension Service increased its stake in Rollins, Inc. (NYSE:ROL) by 138.3% during the 4th quarter, Holdings Channel reports. The fund owned 51,277 shares of the business services provider’s stock after purchasing an additional 29,758 shares during the quarter. National Pension Service’s holdings in Rollins were worth $3,078,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Mirabella Financial Services LLP acquired a new stake in shares of Rollins in the third quarter valued at $1,739,000. Jefferies Financial Group Inc. raised its stake in Rollins by 607.7% in the third quarter. Jefferies Financial Group Inc. now owns 79,944 shares of the business services provider’s stock valued at $4,696,000 after buying an additional 68,647 shares in the last quarter. Nordea Investment Management AB raised its stake in Rollins by 52.1% in the fourth quarter. Nordea Investment Management AB now owns 852,362 shares of the business services provider’s stock valued at $51,363,000 after buying an additional 292,062 shares in the last quarter. Mackenzie Financial Corp raised its stake in Rollins by 62.3% in the third quarter. Mackenzie Financial Corp now owns 1,548,877 shares of the business services provider’s stock valued at $90,981,000 after buying an additional 594,735 shares in the last quarter. Finally, Dakota Wealth Management raised its stake in Rollins by 19.2% in the third quarter. Dakota Wealth Management now owns 166,882 shares of the business services provider’s stock valued at $9,803,000 after buying an additional 26,867 shares in the last quarter. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Rollins Stock Performance

Shares of ROL stock opened at $46.36 on Tuesday. The stock’s 50-day moving average is $53.68 and its two-hundred day moving average is $57.97. The firm has a market cap of $22.32 billion, a price-to-earnings ratio of 42.54, a PEG ratio of 2.93 and a beta of 0.73. Rollins, Inc. has a 1 year low of $46.07 and a 1 year high of $66.14. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.59 and a current ratio of 0.65.

Rollins (NYSE:ROL) last issued its quarterly earnings data on Wednesday, April 22nd. The business services provider reported $0.24 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.24. Rollins had a return on equity of 38.37% and a net margin of 13.77%.The company had revenue of $906.42 million for the quarter, compared to analyst estimates of $895.17 million. During the same quarter last year, the company posted $0.22 earnings per share. The business’s quarterly revenue was up 10.2% compared to the same quarter last year. Analysts predict that Rollins, Inc. will post 1.24 earnings per share for the current year.

Rollins Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Monday, May 11th will be issued a dividend of $0.1825 per share. The ex-dividend date of this dividend is Monday, May 11th. This represents a $0.73 dividend on an annualized basis and a dividend yield of 1.6%. Rollins’s dividend payout ratio (DPR) is currently 66.97%.

Key Rollins News

Here are the key news stories impacting Rollins this week:

• Positive Sentiment: Rollins announced that management will present at the William Blair 46th Annual Growth Stock Conference on June 3, giving investors a chance to hear directly from leadership and potentially reinforce confidence in the company’s strategy and outlook. ROLLINS TO PRESENT AT UPCOMING INVESTOR CONFERENCES
• Neutral Sentiment: Coverage also noted a new CFO transition at Rollins, which could prompt investors to watch for any changes in financial policy, disclosure quality, or capital allocation priorities. Will Rollins’ (ROL) CFO Transition Subtly Recast Its Capital Discipline And Transparency Story?
• Negative Sentiment: Unrelated news about wrestler Seth Rollins is likely adding ticker confusion but does not reflect Rollins, Inc.’s fundamentals; however, this kind of name overlap can create short-term noise around the stock. Monday Night Raw results: Seth Rollins battles Bron Brakker. How to watch

Wall Street Analysts Forecast Growth

ROL has been the topic of a number of analyst reports. Bank of America initiated coverage on Rollins in a research note on Tuesday, February 17th. They issued a “buy” rating and a $67.00 price target on the stock. Loop Capital initiated coverage on Rollins in a research note on Monday, April 13th. They issued a “hold” rating and a $56.00 price target on the stock. Wells Fargo & Company cut their price target on Rollins from $58.00 to $55.00 and set an “equal weight” rating on the stock in a research note on Friday, May 15th. Rothschild & Co Redburn set a $66.00 price target on Rollins and gave the company a “buy” rating in a research note on Monday, April 27th. Finally, UBS Group raised their price target on Rollins from $58.00 to $61.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $64.00.

Rollins Company Profile

Rollins, Inc (NYSE: ROL) is a provider of pest and termite control services operating through a network of subsidiaries and franchises. Headquartered in Atlanta, Georgia, the company offers a broad range of pest management solutions for both residential and commercial customers, positioning itself as a specialist in protecting property and public health from pests and vectors.

Its service offerings include general pest control, termite inspection and treatment, bed bug remediation, mosquito and vector control, wildlife exclusion, and related specialty services.