Orion Porfolio Solutions LLC Has $2.33 Million Stock Holdings in Rollins, Inc. $ROL

Orion Porfolio Solutions LLC boosted its stake in Rollins, Inc. (NYSE:ROL) by 40.4% in the third quarter, HoldingsChannel.com reports. The firm owned 39,713 shares of the business services provider’s stock after buying an additional 11,437 shares during the period. Orion Porfolio Solutions LLC’s holdings in Rollins were worth $2,333,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. J.W. Cole Advisors Inc. raised its stake in shares of Rollins by 16.2% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 128,043 shares of the business services provider’s stock worth $7,224,000 after purchasing an additional 17,845 shares during the period. Savant Capital LLC raised its stake in shares of Rollins by 7.2% during the second quarter. Savant Capital LLC now owns 21,419 shares of the business services provider’s stock worth $1,208,000 after acquiring an additional 1,435 shares in the last quarter. Prudential Financial Inc. grew its holdings in shares of Rollins by 11.0% during the 2nd quarter. Prudential Financial Inc. now owns 158,775 shares of the business services provider’s stock valued at $8,958,000 after purchasing an additional 15,699 shares during the last quarter. Federated Hermes Inc. lifted its stake in Rollins by 40.9% in the third quarter. Federated Hermes Inc. now owns 1,087,262 shares of the business services provider’s stock worth $63,866,000 after purchasing an additional 315,456 shares during the last quarter. Finally, Entropy Technologies LP purchased a new position in shares of Rollins during the second quarter valued at approximately $806,000. Institutional investors own 51.79% of the company’s stock.

Rollins Stock Performance

NYSE ROL opened at $56.23 on Wednesday. Rollins, Inc. has a 1-year low of $49.73 and a 1-year high of $66.14. The stock has a market capitalization of $27.05 billion, a PE ratio of 51.58, a P/E/G ratio of 3.55 and a beta of 0.80. The business has a 50 day simple moving average of $61.21 and a two-hundred day simple moving average of $59.24. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.60 and a quick ratio of 0.55.

Rollins (NYSE:ROL) last announced its quarterly earnings results on Wednesday, February 11th. The business services provider reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.02). Rollins had a net margin of 14.00% and a return on equity of 38.16%. The company had revenue of $912.91 million for the quarter, compared to analysts’ expectations of $925.08 million. During the same quarter in the prior year, the business posted $0.22 earnings per share. The firm’s revenue was up 9.7% compared to the same quarter last year. On average, research analysts predict that Rollins, Inc. will post 1.09 EPS for the current fiscal year.

Rollins Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Wednesday, February 25th were paid a dividend of $0.1825 per share. This represents a $0.73 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Wednesday, February 25th. Rollins’s dividend payout ratio is presently 66.97%.

Insider Activity

In other Rollins news, insider Elizabeth B. Chandler sold 14,201 shares of the business’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $59.36, for a total transaction of $842,971.36. Following the transaction, the insider owned 55,977 shares of the company’s stock, valued at approximately $3,322,794.72. The trade was a 20.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Jerry Jr. Gahlhoff sold 1,307 shares of Rollins stock in a transaction that occurred on Wednesday, January 28th. The shares were sold at an average price of $62.83, for a total transaction of $82,118.81. Following the sale, the chief executive officer directly owned 327,079 shares in the company, valued at approximately $20,550,373.57. The trade was a 0.40% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 73,351 shares of company stock worth $4,554,785. 4.47% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts recently commented on ROL shares. UBS Group set a $65.00 price objective on shares of Rollins in a research report on Wednesday, January 21st. Morgan Stanley set a $70.00 target price on Rollins in a research note on Friday, February 13th. Royal Bank Of Canada set a $67.00 price objective on Rollins and gave the stock an “outperform” rating in a report on Thursday, February 12th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Rollins in a report on Tuesday, December 2nd. Finally, Barclays raised shares of Rollins from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $60.00 to $72.00 in a report on Friday, December 5th. Eleven investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $66.08.

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.