15,462 Shares in Rollins, Inc. $ROL Bought by Ticino Wealth

Ticino Wealth acquired a new position in shares of Rollins, Inc. (NYSE:ROL) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 15,462 shares of the business services provider’s stock, valued at approximately $928,000.

Several other institutional investors have also recently bought and sold shares of ROL. Vanguard Group Inc. grew its stake in shares of Rollins by 4.2% during the 3rd quarter. Vanguard Group Inc. now owns 36,720,282 shares of the business services provider’s stock worth $2,156,949,000 after acquiring an additional 1,480,306 shares in the last quarter. State Street Corp lifted its position in shares of Rollins by 1.4% in the third quarter. State Street Corp now owns 12,274,415 shares of the business services provider’s stock worth $720,999,000 after purchasing an additional 172,303 shares in the last quarter. Northern Trust Corp boosted its holdings in Rollins by 0.5% during the third quarter. Northern Trust Corp now owns 2,885,973 shares of the business services provider’s stock worth $169,522,000 after purchasing an additional 15,133 shares during the last quarter. JPMorgan Chase & Co. grew its position in Rollins by 6.4% in the third quarter. JPMorgan Chase & Co. now owns 2,151,573 shares of the business services provider’s stock valued at $126,383,000 after purchasing an additional 130,321 shares in the last quarter. Finally, Legal & General Group Plc increased its stake in Rollins by 3.8% in the 3rd quarter. Legal & General Group Plc now owns 2,048,856 shares of the business services provider’s stock valued at $120,350,000 after buying an additional 74,473 shares during the last quarter. Institutional investors own 51.79% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on ROL. Weiss Ratings reissued a “buy (b)” rating on shares of Rollins in a research report on Monday, December 29th. Wells Fargo & Company set a $56.00 price objective on shares of Rollins and gave the company an “equal weight” rating in a research report on Thursday, February 12th. Loop Capital assumed coverage on shares of Rollins in a research report on Monday, April 13th. They issued a “hold” rating and a $56.00 target price for the company. Bank of America assumed coverage on shares of Rollins in a research note on Tuesday, February 17th. They issued a “buy” rating and a $67.00 price objective for the company. Finally, Morgan Stanley set a $70.00 price objective on shares of Rollins in a research report on Friday, February 13th. Eleven research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $64.86.

Rollins Price Performance

Rollins stock opened at $54.42 on Tuesday. The stock has a market capitalization of $26.23 billion, a price-to-earnings ratio of 50.27, a PEG ratio of 3.39 and a beta of 0.84. Rollins, Inc. has a 52-week low of $51.77 and a 52-week high of $66.14. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.55 and a current ratio of 0.60. The stock’s 50 day moving average price is $56.61 and its two-hundred day moving average price is $58.72.

Rollins (NYSE:ROL) last issued its earnings results on Wednesday, February 11th. The business services provider reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.02). Rollins had a return on equity of 38.16% and a net margin of 14.00%.The firm had revenue of $912.91 million for the quarter, compared to analyst estimates of $925.08 million. During the same period in the previous year, the company earned $0.22 earnings per share. Rollins’s revenue for the quarter was up 9.7% compared to the same quarter last year. On average, equities analysts predict that Rollins, Inc. will post 1.24 earnings per share for the current year.

Rollins Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Wednesday, February 25th were given a $0.1825 dividend. The ex-dividend date of this dividend was Wednesday, February 25th. This represents a $0.73 annualized dividend and a yield of 1.3%. Rollins’s payout ratio is currently 66.97%.

Insider Buying and Selling at Rollins

In other Rollins news, Chairman John F. Wilson sold 7,538 shares of the company’s stock in a transaction dated Monday, January 26th. The shares were sold at an average price of $63.26, for a total transaction of $476,853.88. Following the sale, the chairman directly owned 600,049 shares of the company’s stock, valued at $37,959,099.74. This represents a 1.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Jerry Jr. Gahlhoff sold 4,510 shares of the company’s stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of $63.26, for a total transaction of $285,302.60. Following the sale, the chief executive officer owned 328,386 shares in the company, valued at $20,773,698.36. The trade was a 1.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 67,039 shares of company stock valued at $4,177,480 in the last quarter. Insiders own 5.77% of the company’s stock.

Rollins 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.