Principal Financial Group Inc. Has $22.09 Million Stake in Rollins, Inc. $ROL

Principal Financial Group Inc. raised its holdings in Rollins, Inc. (NYSE:ROL) by 5.1% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 413,619 shares of the business services provider’s stock after purchasing an additional 19,977 shares during the period. Principal Financial Group Inc.’s holdings in Rollins were worth $22,091,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. DV Equities LLC bought a new stake in shares of Rollins in the fourth quarter valued at approximately $25,000. Cornerstone Planning Group LLC increased its stake in Rollins by 528.4% during the 4th quarter. Cornerstone Planning Group LLC now owns 421 shares of the business services provider’s stock worth $26,000 after acquiring an additional 354 shares during the period. Torren Management LLC acquired a new position in Rollins in the 4th quarter valued at $36,000. Fideuram Asset Management Ireland dac acquired a new position in Rollins in the 4th quarter valued at $43,000. Finally, Quarry LP lifted its position in shares of Rollins by 155.2% during the 4th quarter. Quarry LP now owns 740 shares of the business services provider’s stock valued at $44,000 after acquiring an additional 450 shares during the period. Institutional investors and hedge funds own 51.79% of the company’s stock.

Trending Headlines about Rollins

Here are the key news stories impacting Rollins this week:

• Positive Sentiment: Rollins announced a regular quarterly cash dividend of $0.1825 per share, signaling continued confidence in cash generation and returning capital to shareholders. ROLLINS, INC. ANNOUNCES REGULAR QUARTERLY CASH DIVIDEND
• Positive Sentiment: Recent analyst coverage ahead of Q2 earnings pointed to expected revenue and EPS growth, supported by acquisitions, market expansion, cross-selling, and pricing power. Rollins is Set to Report Q2 Earnings: Here’s What You Should Know
• Positive Sentiment: Another earnings preview suggested investors are looking for continued strength in key operating metrics, reinforcing expectations for a solid quarterly report. Rollins (ROL) Q2 Earnings on the Horizon: Analysts’ Insights on Key Performance Measures
• Neutral Sentiment: A market commentary article highlighted that Rollins’ prior revenue beat and rising EPS estimates could be constructive for shareholders, but it mainly reflects analyst sentiment rather than a new company-specific catalyst. What Rollins (ROL)’s Revenue Beat and Rising EPS Estimates Mean For Shareholders
• Negative Sentiment: The stock has been trading below its 50-day and 200-day moving averages, suggesting the market still sees weakness despite the positive dividend and earnings backdrop.

Rollins Price Performance

Shares of ROL opened at $43.85 on Wednesday. Rollins, Inc. has a 12-month low of $41.50 and a 12-month high of $66.14. The business has a 50-day simple moving average of $46.87 and a two-hundred day simple moving average of $54.12. The company has a quick ratio of 0.59, a current ratio of 0.65 and a debt-to-equity ratio of 0.35. The stock has a market cap of $21.11 billion, a PE ratio of 40.23, a PEG ratio of 2.75 and a beta of 0.75.

Rollins (NYSE:ROL) last announced its quarterly earnings results on Wednesday, April 22nd. The business services provider reported $0.24 EPS for the quarter, meeting analysts’ consensus estimates of $0.24. Rollins had a return on equity of 38.37% and a net margin of 13.77%.The firm had revenue of $906.42 million for the quarter, compared to analyst estimates of $895.17 million. During the same period last year, the firm posted $0.22 earnings per share. The business’s revenue for the quarter was up 10.2% on a year-over-year basis. Analysts anticipate that Rollins, Inc. will post 1.24 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ROL has been the topic of several analyst reports. UBS Group set a $50.00 target price on Rollins in a report on Wednesday, July 15th. Rothschild & Co Redburn set a $66.00 price objective on shares of Rollins and gave the stock a “buy” rating in a research report on Monday, April 27th. Canaccord Genuity Group set a $51.00 price objective on shares of Rollins and gave the stock a “hold” rating in a research report on Friday, April 24th. Weiss Ratings downgraded shares of Rollins from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, June 26th. Finally, Morgan Stanley decreased their target price on shares of Rollins from $70.00 to $65.00 and set an “overweight” rating on the stock in a report on Wednesday, July 8th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, Rollins presently has a consensus rating of “Moderate Buy” and a consensus price target of $60.87.

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.