National Pension Service Sells 24,749 Shares of Rollins, Inc. $ROL

National Pension Service cut its holdings in Rollins, Inc. (NYSE:ROL) by 38.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,084 shares of the business services provider’s stock after selling 24,749 shares during the quarter. National Pension Service’s holdings in Rollins were worth $1,673,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Rollins by 5.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,812 shares of the business services provider’s stock valued at $1,663,000 after acquiring an additional 1,620 shares during the last quarter. Empowered Funds LLC grew its stake in shares of Rollins by 16.7% in the first quarter. Empowered Funds LLC now owns 6,427 shares of the business services provider’s stock worth $347,000 after acquiring an additional 918 shares during the period. Woodline Partners LP raised its holdings in shares of Rollins by 40.7% during the first quarter. Woodline Partners LP now owns 23,728 shares of the business services provider’s stock valued at $1,282,000 after purchasing an additional 6,859 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of Rollins by 75.8% during the first quarter. Geneos Wealth Management Inc. now owns 870 shares of the business services provider’s stock valued at $47,000 after purchasing an additional 375 shares during the last quarter. Finally, First Trust Advisors LP lifted its position in Rollins by 185.0% during the second quarter. First Trust Advisors LP now owns 368,718 shares of the business services provider’s stock valued at $20,803,000 after purchasing an additional 239,361 shares during the period. 51.79% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on ROL. Wells Fargo & Company cut shares of Rollins from an “overweight” rating to an “underweight” rating and dropped their target price for the stock from $46.00 to $32.00 in a report on Friday, July 24th. UBS Group reiterated a “neutral” rating and set a $43.00 target price (down from $50.00) on shares of Rollins in a research note on Friday, July 24th. BNP Paribas Exane lowered their price target on Rollins from $63.00 to $44.00 and set a “hold” rating on the stock in a report on Friday, July 24th. Zacks Research downgraded Rollins from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 28th. Finally, Weiss Ratings lowered Rollins from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $48.71.

More Rollins News

Here are the key news stories impacting Rollins this week:

• Positive Sentiment: An investment article describes Rollins as a high-quality, recurring-revenue business whose valuation has become more attractive after the stock’s recent decline. The thesis highlights the essential nature of pest-control services and the company’s potential as a long-term compounder. Rollins: A Great Business At A Much Better Price
• Positive Sentiment: Rollins was included among “boring” dividend stocks with durable customer demand. The article’s focus on recurring services and dependable dividend growth may support the stock’s defensive appeal to income-oriented investors. 5 Dividend Stocks Hiding in Boring Businesses Customers Cannot Live Without
• Neutral Sentiment: The broader investment commentary reinforces Rollins’ defensive-business narrative, but it does not provide new earnings guidance, acquisition news, or other immediate financial information likely to materially change estimates. These 5 Boring Stocks Are Quietly Crushing the Market and Making Investors Rich
• Negative Sentiment: The stock remains vulnerable to valuation and execution concerns: Rollins previously missed quarterly EPS and revenue expectations, while its share price is well below its 50-day and 200-day moving averages and near its annual low. These factors may limit the impact of favorable long-term commentary.

Rollins Trading Down 0.1%

NYSE:ROL opened at $34.70 on Monday. Rollins, Inc. has a one year low of $34.35 and a one year high of $66.14. The business has a fifty day moving average price of $38.76 and a 200-day moving average price of $47.46. The firm has a market capitalization of $16.69 billion, a price-to-earnings ratio of 31.54, a price-to-earnings-growth ratio of 3.74 and a beta of 0.74. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.63 and a quick ratio of 0.58.

Rollins (NYSE:ROL) last released its quarterly earnings results on Wednesday, July 22nd. The business services provider reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.02). Rollins had a net margin of 13.55% and a return on equity of 38.81%. The company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same period in the prior year, the firm posted $0.30 EPS. The business’s revenue for the quarter was up 7.9% on a year-over-year basis. Sell-side analysts forecast that Rollins, Inc. will post 1.18 EPS for the current year.

Rollins Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Monday, August 10th were paid a dividend of $0.1825 per share. The ex-dividend date was Monday, August 10th. This represents a $0.73 dividend on an annualized basis and a yield of 2.1%. Rollins’s dividend payout ratio (DPR) is presently 66.36%.

About Rollins

Rollins, Inc is a global provider of pest and termite control services for residential and commercial customers. The company helps protect homes, businesses, and other properties from insects, rodents, termites, wildlife, and other pests through inspection, prevention, treatment, and ongoing monitoring programs.

Rollins operates through a portfolio of recognized pest control brands, including Orkin, Terminix, HomeTeam Pest Defense, Western Exterminator, and Critter Control. Its services include general pest management, termite protection, mosquito and bed bug control, wildlife management, and specialized commercial pest control programs.

Founded in 1948 and headquartered in Atlanta, Georgia, Rollins serves customers across the United States and internationally.