Bessemer Group Inc. Has $65.09 Million Stock Holdings in Rollins, Inc. $ROL

Key Points

• Bessemer Group Inc. dramatically increased its stake in Rollins by 11,772.1% in the fourth quarter, ending with 1,084,398 shares valued at about $65.1 million.
• Rollins reported a solid quarter, with EPS of $0.24 matching estimates and revenue of $906.4 million topping expectations, while sales rose 10.2% year over year.
• Analysts remain moderately bullish: the stock has a “Moderate Buy” consensus with an average target price of $65.20, though the shares recently traded near their 52-week low around the low $50s.

Bessemer Group Inc. boosted its stake in shares of Rollins, Inc. (NYSE:ROL - Free Report) by 11,772.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,084,398 shares of the business services provider's stock after buying an additional 1,075,264 shares during the period. Bessemer Group Inc. owned approximately 0.22% of Rollins worth $65,086,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of ROL. Cornerstone Planning Group LLC raised its holdings in Rollins by 528.4% during the 4th quarter. Cornerstone Planning Group LLC now owns 421 shares of the business services provider's stock worth $26,000 after buying an additional 354 shares during the period. Board of the Pension Protection Fund acquired a new stake in Rollins during the 4th quarter worth approximately $30,000. Root Financial Partners LLC acquired a new stake in Rollins during the 3rd quarter worth approximately $31,000. Torren Management LLC acquired a new stake in Rollins during the 4th quarter worth approximately $36,000. Finally, First Horizon Corp acquired a new stake in Rollins during the 3rd quarter worth approximately $47,000. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Morgan Stanley set a $70.00 target price on shares of Rollins in a report on Friday, February 13th. UBS Group raised their target price on shares of Rollins from $58.00 to $61.00 and gave the stock a "neutral" rating in a report on Friday, April 24th. Wells Fargo & Company dropped 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. Loop Capital assumed coverage on shares of Rollins in a report on Monday, April 13th. They set a "hold" rating and a $56.00 target price on the stock. Finally, Bank of America assumed coverage on shares of Rollins in a report on Tuesday, February 17th. They set a "buy" rating and a $67.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $65.20.

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

Rollins Stock Up 0.0%

Rollins stock opened at $53.42 on Friday. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 0.35. Rollins, Inc. has a 1-year low of $51.95 and a 1-year high of $66.14. The company has a fifty day simple moving average of $54.63 and a 200 day simple moving average of $58.44. The company has a market cap of $25.72 billion, a P/E ratio of 49.01, a price-to-earnings-growth ratio of 3.29 and a beta of 0.79.

Rollins (NYSE:ROL - Get Free Report) last issued its quarterly earnings results on Wednesday, April 22nd. The business services provider reported $0.24 EPS for the quarter, hitting the consensus estimate of $0.24. The firm had revenue of $906.42 million for the quarter, compared to analysts' expectations of $895.17 million. Rollins had a net margin of 13.77% and a return on equity of 38.37%. The company's revenue for the quarter was up 10.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.22 EPS. Research analysts anticipate that Rollins, Inc. will post 1.24 earnings per share for the current fiscal year.

Rollins Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Monday, May 11th will be issued a $0.1825 dividend. The ex-dividend date is Monday, May 11th. This represents a $0.73 annualized dividend and a dividend yield of 1.4%. Rollins's dividend payout ratio (DPR) is presently 66.97%.

Insider Buying and Selling at Rollins

In other news, insider Elizabeth B. Chandler sold 14,201 shares of the firm's stock in a transaction dated 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 transaction, the insider owned 55,977 shares in the company, valued at $3,322,794.72. This trade represents a 20.24% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 5.77% of the stock is owned by insiders.

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.

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