Rakuten Investment Management Inc. Makes New Investment in Rollins, Inc. $ROL

Rakuten Investment Management Inc. purchased a new position in shares of Rollins, Inc. (NYSE:ROL) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 8,165 shares of the business services provider’s stock, valued at approximately $480,000.

Other institutional investors also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Rollins during the 2nd quarter worth approximately $218,593,000. AMF Tjanstepension AB raised its holdings in Rollins by 196.2% in the 2nd quarter. AMF Tjanstepension AB now owns 3,542,898 shares of the business services provider’s stock valued at $199,937,000 after buying an additional 2,346,592 shares during the period. Westfield Capital Management Co. LP raised its holdings in Rollins by 1,923.1% in the 2nd quarter. Westfield Capital Management Co. LP now owns 1,878,134 shares of the business services provider’s stock valued at $105,964,000 after buying an additional 1,785,300 shares during the period. Invesco Ltd. lifted its position in Rollins by 41.2% in the second quarter. Invesco Ltd. now owns 5,657,997 shares of the business services provider’s stock valued at $319,224,000 after buying an additional 1,649,676 shares during the last quarter. Finally, Marshall Wace LLP boosted its stake in Rollins by 78.0% during the second quarter. Marshall Wace LLP now owns 2,282,659 shares of the business services provider’s stock worth $128,788,000 after buying an additional 1,000,185 shares during the period. 51.79% of the stock is owned by hedge funds and other institutional investors.

Rollins Trading Down 0.7%

ROL opened at $62.89 on Monday. The business has a fifty day moving average price of $60.62 and a 200 day moving average price of $58.34. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.77 and a quick ratio of 0.71. Rollins, Inc. has a 12 month low of $48.17 and a 12 month high of $63.56. The stock has a market capitalization of $30.48 billion, a price-to-earnings ratio of 58.78 and a beta of 0.79.

Rollins (NYSE:ROL) last posted its quarterly earnings results on Wednesday, October 29th. The business services provider reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.03. Rollins had a return on equity of 37.60% and a net margin of 14.02%.The company had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.02 billion. During the same quarter last year, the company earned $0.29 EPS. Rollins’s revenue for the quarter was up 12.0% compared to the same quarter last year. Sell-side analysts expect that Rollins, Inc. will post 1.09 earnings per share for the current fiscal year.

Rollins Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Wednesday, February 25th will be issued a dividend of $0.1825 per share. This represents a $0.73 annualized dividend and a yield of 1.2%. The ex-dividend date is Wednesday, February 25th. Rollins’s payout ratio is 68.22%.

Insider Activity at Rollins

In other news, Chairman John F. Wilson sold 1,520 shares of the firm’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $59.40, for a total value of $90,288.00. Following the sale, the chairman directly owned 607,587 shares in the company, valued at approximately $36,090,667.80. This trade represents a 0.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Thomas D. Tesh sold 2,396 shares of Rollins stock in a transaction on Friday, January 9th. The stock was sold at an average price of $60.06, for a total transaction of $143,903.76. Following the sale, the insider directly owned 29,231 shares of the company’s stock, valued at approximately $1,755,613.86. This trade represents a 7.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 8,707 shares of company stock valued at $515,664 in the last quarter. 4.47% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Rollins in a research report on Monday, December 29th. Canaccord Genuity Group set a $55.00 price objective on shares of Rollins and gave the stock a “hold” rating in a research report on Friday, October 31st. Barclays upgraded shares of Rollins from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $60.00 to $72.00 in a report on Friday, December 5th. The Goldman Sachs Group restated a “buy” rating and set a $64.00 price target on shares of Rollins in a research note on Thursday, October 30th. Finally, Morgan Stanley raised Rollins from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $58.00 to $72.00 in a research note on Wednesday, December 17th. Eleven research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Rollins presently has a consensus rating of “Moderate Buy” and a consensus target price of $67.67.

Key Rollins News

Here are the key news stories impacting Rollins this week:

• Positive Sentiment: Board approved regular quarterly dividend of $0.1825 per share; record date Feb 25 and payable Mar 10 — a direct return of cash to shareholders and supportive for income-focused holders. ROLLINS, INC. ANNOUNCES REGULAR QUARTERLY CASH DIVIDEND
• Neutral Sentiment: PR summary of the dividend announcement (company release). Press Release
• Neutral Sentiment: Multiple entertainment/sports items about WWE performer Seth Rollins (injury and recovery updates, interviews, and TV appearances) — same surname but unrelated to Rollins, Inc.’s pest‑control and services business; unlikely to affect corporate fundamentals. Seth Rollins Gives Recovery Update Ahead of WWE WrestleMania 42
• Neutral Sentiment: Additional media pieces on WWE’s Seth Rollins covering health updates, interviews, and pop‑culture items — no direct corporate impact. Examples: TheSportster, Bleacher Report, MSN, Yahoo, Fightful. Seth Rollins Gives Update on his WWE WrestleMania 42 Status

About Rollins

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.