Rollins, Inc. $ROL Shares Purchased by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund boosted its position in Rollins, Inc. (NYSE:ROL) by 2,127.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 258,438 shares of the business services provider’s stock after buying an additional 246,836 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Rollins were worth $13,803,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Public Employees Retirement System of Ohio increased its holdings in Rollins by 16.8% in the 1st quarter. Public Employees Retirement System of Ohio now owns 216,278 shares of the business services provider’s stock worth $11,551,000 after buying an additional 31,173 shares during the period. Compound Planning Inc. lifted its stake in Rollins by 4.8% during the 1st quarter. Compound Planning Inc. now owns 7,344 shares of the business services provider’s stock valued at $392,000 after acquiring an additional 334 shares during the period. Arrowstreet Capital Limited Partnership lifted its stake in Rollins by 107.5% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 466,732 shares of the business services provider’s stock valued at $24,928,000 after acquiring an additional 241,753 shares during the period. Caxton Associates LLP purchased a new stake in shares of Rollins in the 1st quarter valued at $526,000. Finally, Inceptionr LLC acquired a new stake in shares of Rollins in the first quarter worth $263,000. Institutional investors and hedge funds own 51.79% of the company’s stock.

Rollins Price Performance

NYSE:ROL opened at $39.03 on Tuesday. Rollins, Inc. has a 12 month low of $36.59 and a 12 month high of $66.14. The stock has a 50 day moving average of $45.79 and a two-hundred day moving average of $53.58. The company has a current ratio of 0.63, a quick ratio of 0.58 and a debt-to-equity ratio of 0.34. The firm has a market cap of $18.78 billion, a P/E ratio of 35.48, a price-to-earnings-growth ratio of 4.14 and a beta of 0.75.

Rollins (NYSE:ROL) last announced its earnings results on Wednesday, July 22nd. The business services provider reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.02). The firm had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.09 billion. Rollins had a net margin of 13.55% and a return on equity of 38.81%. Rollins’s revenue was up 7.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.30 EPS. On average, analysts expect that Rollins, Inc. will post 1.21 earnings per share for the current fiscal year.

Rollins Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 10th will be paid a $0.1825 dividend. This represents a $0.73 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Monday, August 10th. Rollins’s dividend payout ratio is currently 66.36%.

Key Stories Impacting Rollins

Here are the key news stories impacting Rollins this week:

• Negative Sentiment: Holzer & Holzer announced an investigation into whether Rollins complied with federal securities laws after the company reported that second-quarter operating margin fell 110 basis points year over year. Management attributed the shortfall to declining lead volumes from search, digital media and inbound-call channels serving parts of its residential pest-control business. The announcement adds headline and potential litigation risk. Holzer & Holzer Rollins investigation
• Negative Sentiment: JPMorgan Chase assigned Rollins an Underweight rating, signaling that analysts expect the shares to underperform. The call reinforces concerns about slowing organic growth and the company’s premium valuation. JPMorgan Rollins Underweight rating
• Negative Sentiment: Piper Sandler lowered its price target to $46. While the target remains above the reference share price, the reduction reflects diminished expectations after Rollins missed quarterly earnings estimates and reported softer residential demand. Piper Sandler lowers Rollins price target
• Neutral Sentiment: Several other listed stories concern WWE performer Seth Rollins, while another discusses USDA Secretary Brooke Rollins and food prices. These are unrelated to Rollins, Inc. (NYSE: ROL) and should not affect the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on ROL shares. Royal Bank Of Canada downgraded shares of Rollins from an “outperform” rating to a “sector perform” rating and decreased their target price for the company from $52.00 to $40.00 in a research report on Thursday. The Goldman Sachs Group reiterated a “buy” rating and set a $67.00 price objective on shares of Rollins in a research note on Thursday, April 23rd. Wells Fargo & Company cut Rollins from an “overweight” rating to an “underweight” rating and decreased their price objective for the company from $46.00 to $32.00 in a report on Friday. Weiss Ratings lowered Rollins from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, June 26th. Finally, UBS Group reissued a “neutral” rating and issued a $43.00 price target (down from $50.00) on shares of Rollins in a report on Friday. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Rollins currently has an average rating of “Hold” and an average target price of $48.71.

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.