Rollins, Inc. $ROL Shares Purchased by USS Investment Management Ltd

USS Investment Management Ltd raised its stake in Rollins, Inc. (NYSE:ROL) by 55.9% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,131,337 shares of the business services provider’s stock after buying an additional 1,123,237 shares during the period. Rollins makes up about 0.7% of USS Investment Management Ltd’s investment portfolio, making the stock its 23rd largest holding. USS Investment Management Ltd’s holdings in Rollins were worth $167,260,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of ROL. LRI Investments LLC raised its position in shares of Rollins by 8.7% during the fourth quarter. LRI Investments LLC now owns 2,293 shares of the business services provider’s stock worth $138,000 after purchasing an additional 183 shares during the period. IFM Investors Pty Ltd lifted its holdings in shares of Rollins by 0.3% during the first quarter. IFM Investors Pty Ltd now owns 57,895 shares of the business services provider’s stock valued at $3,092,000 after purchasing an additional 185 shares during the last quarter. New Mexico Educational Retirement Board boosted its position in shares of Rollins by 1.6% in the 4th quarter. New Mexico Educational Retirement Board now owns 12,875 shares of the business services provider’s stock valued at $773,000 after purchasing an additional 200 shares during the period. Inspire Investing LLC boosted its position in shares of Rollins by 3.9% in the 4th quarter. Inspire Investing LLC now owns 5,457 shares of the business services provider’s stock valued at $328,000 after purchasing an additional 203 shares during the period. Finally, Sumitomo Life Insurance Co. boosted its position in shares of Rollins by 1.2% in the 4th quarter. Sumitomo Life Insurance Co. now owns 18,288 shares of the business services provider’s stock valued at $1,098,000 after purchasing an additional 221 shares during the period. Institutional investors and hedge funds own 51.79% of the company’s stock.

Rollins Stock Down 1.2%

Shares of Rollins stock opened at $41.76 on Wednesday. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 0.35. Rollins, Inc. has a 1 year low of $41.50 and a 1 year high of $66.14. The stock has a 50-day moving average price of $50.10 and a 200 day moving average price of $55.83. The company has a market cap of $20.10 billion, a P/E ratio of 38.31, a P/E/G ratio of 2.60 and a beta of 0.73.

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

Rollins Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Monday, May 11th were given a dividend of $0.1825 per share. The ex-dividend date of this dividend was Monday, May 11th. This represents a $0.73 dividend on an annualized basis and a yield of 1.7%. Rollins’s dividend payout ratio (DPR) is presently 66.97%.

Analyst Ratings Changes

Several analysts have issued reports on ROL shares. Weiss Ratings downgraded Rollins from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday. The Goldman Sachs Group reiterated a “buy” rating and issued a $67.00 target price on shares of Rollins in a report on Thursday, April 23rd. Loop Capital started coverage on shares of Rollins in a research report on Monday, April 13th. They issued a “hold” rating and a $56.00 target price on the stock. Canaccord Genuity Group set a $51.00 price target on shares of Rollins and gave the company a “hold” rating in a report on Friday, April 24th. Finally, UBS Group upped their price target on shares of Rollins from $58.00 to $61.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $63.07.

Rollins News Summary

Here are the key news stories impacting Rollins this week:

• Positive Sentiment: Analysts continue to view Rollins favorably overall, with brokerage coverage pointing to a “Moderate Buy” consensus rating. That suggests Wall Street still sees upside in the pest-control company despite the recent selloff. Rollins, Inc. (NYSE:ROL) Given Consensus Rating of “Moderate Buy” by Brokerages
• Positive Sentiment: One recent Seeking Alpha piece described Rollins as a long-term wealth-building opportunity and framed the stock as attractive for investors looking past near-term volatility. Rollins: A Rare Generational Wealth-Building Opportunity (Rating Upgrade)
• Neutral Sentiment: The company’s latest reported quarter was solid, with earnings matching estimates and revenue beating expectations, but those results are already old news and likely not driving today’s move. Rollins also remains highly profitable, which supports the longer-term bull case.
• Negative Sentiment: Recent price action shows the stock has been falling sharply and is now trading near its 52-week low, well below its 50-day and 200-day moving averages. That technical weakness can weigh on investor sentiment even without a fresh earnings miss.
• Negative Sentiment: There is no meaningful new operating catalyst in the latest articles, so the decline appears tied more to broad selling pressure and momentum weakness than to a fundamental setback at Rollins, Inc. (NYSE: ROL).

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.