Gabelli Funds LLC Sells 213,200 Shares of Rollins, Inc. $ROL

Gabelli Funds LLC reduced its holdings in shares of Rollins, Inc. (NYSE:ROL) by 22.7% during the fourth quarter, Holdings Channel reports. The fund owned 728,000 shares of the business services provider’s stock after selling 213,200 shares during the period. Gabelli Funds LLC’s holdings in Rollins were worth $43,695,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of ROL. Vanguard Group Inc. grew its position in Rollins by 4.3% during the fourth quarter. Vanguard Group Inc. now owns 38,282,523 shares of the business services provider’s stock valued at $2,297,717,000 after acquiring an additional 1,562,241 shares during the last quarter. Bessemer Group Inc. grew its position in Rollins by 11,772.1% during the fourth quarter. Bessemer Group Inc. now owns 1,084,398 shares of the business services provider’s stock valued at $65,086,000 after acquiring an additional 1,075,264 shares during the last quarter. Select Equity Group L.P. grew its position in Rollins by 149.6% during the second quarter. Select Equity Group L.P. now owns 1,265,543 shares of the business services provider’s stock valued at $71,402,000 after acquiring an additional 758,462 shares during the last quarter. Pictet Asset Management Holding SA grew its position in Rollins by 194.5% during the fourth quarter. Pictet Asset Management Holding SA now owns 1,009,303 shares of the business services provider’s stock valued at $60,592,000 after acquiring an additional 666,626 shares during the last quarter. Finally, Mackenzie Financial Corp grew its position in Rollins by 62.3% during the third quarter. Mackenzie Financial Corp now owns 1,548,877 shares of the business services provider’s stock valued at $90,981,000 after acquiring an additional 594,735 shares during the last quarter. 51.79% of the stock is currently owned by institutional investors.

Key Rollins News

Here are the key news stories impacting Rollins this week:

• Positive Sentiment: Rollins reinforced its long-term value-creation strategy, emphasizing a resilient capital-light model, recurring customer relationships, disciplined M&A, and a medium-term growth algorithm. Rollins Reinforces Long-Term Value Creation Strategy and Medium-Term Growth Algorithm
• Positive Sentiment: Analysts continue to see Rollins as a durable business with long-term earnings potential, supported by steady demand and ongoing margin opportunities. Analyst Reiterates Buy on Rollins
• Positive Sentiment: Rollins’ latest earnings were solid, with revenue beating expectations and EPS meeting estimates, which helps reinforce the company’s stable operating profile. Rollins Inc. At 52-Week Lows Despite Steady Long-Term Contracts
• Neutral Sentiment: Some commentary notes that Rollins has underperformed the broader market over the past year, but analysts are still moderately optimistic about the stock’s prospects. Rollins Stock: Analyst Estimates & Ratings
• Neutral Sentiment: Independent commentary suggests the stock is near 52-week lows, which may attract value investors but also reflects recent weakness. Analyst Initiates Buy on Rollins

Insider Buying and Selling

In related news, insider Elizabeth B. Chandler sold 14,201 shares of the firm’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $59.36, for a total value of $842,971.36. Following the completion of the sale, the insider owned 55,977 shares of the company’s stock, valued at $3,322,794.72. This trade represents a 20.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 5.77% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have commented on ROL shares. Royal Bank Of Canada set a $67.00 price target on shares of Rollins and gave the company an “outperform” rating in a research report on Thursday, February 12th. Loop Capital initiated coverage on shares of Rollins in a research report on Monday, April 13th. They set a “hold” rating and a $56.00 price target on the stock. Rothschild & Co Redburn set a $66.00 target price on shares of Rollins and gave the stock a “buy” rating in a report on Monday, April 27th. Wells Fargo & Company cut their target price on shares of Rollins from $58.00 to $55.00 and set an “equal weight” rating on the stock in a report on Friday. Finally, Canaccord Genuity Group set a $51.00 target price on shares of Rollins and gave the stock a “hold” rating in a report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $65.20.

Rollins Stock Up 0.0%

Shares of Rollins stock opened at $53.42 on Monday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.59 and a current ratio of 0.65. Rollins, Inc. has a 52-week low of $51.95 and a 52-week high of $66.14. The stock has a market capitalization of $25.72 billion, a price-to-earnings ratio of 49.01, a P/E/G ratio of 3.29 and a beta of 0.79. The company’s 50 day moving average price is $54.63 and its 200-day moving average price is $58.46.

Rollins (NYSE:ROL) last issued its earnings results on Wednesday, April 22nd. The business services provider reported $0.24 earnings per share (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 firm had revenue of $906.42 million for the quarter, compared to analysts’ expectations of $895.17 million. During the same quarter last year, the business earned $0.22 earnings per share. The business’s revenue was up 10.2% on a year-over-year basis. Equities research analysts forecast that Rollins, Inc. will post 1.24 EPS for the current year.

Rollins Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Monday, May 11th will be paid a $0.1825 dividend. The ex-dividend date of this dividend is Monday, May 11th. This represents a $0.73 dividend on an annualized basis and a yield of 1.4%. Rollins’s dividend payout ratio (DPR) is presently 66.97%.

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.