Caisse Des Depots ET Consignations Grows Stake in Rollins, Inc. $ROL

Key Points

• Caisse Des Depots ET Consignations raised its stake in Rollins by 43.7% in Q4, owning 110,865 shares worth about $6.65 million after buying an additional 33,724 shares.
• Rollins reported Q results of $0.24 EPS (in line with estimates) and revenue of $906.4 million, up 10.2% year‑over‑year and above analyst expectations.
• Sell‑side analysts have an average rating of "Moderate Buy" on Rollins with an average target price of $65.27, compared with the recent share price near $54.84.

Caisse Des Depots ET Consignations increased its position in Rollins, Inc. (NYSE:ROL - Free Report) by 43.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 110,865 shares of the business services provider's stock after purchasing an additional 33,724 shares during the quarter. Caisse Des Depots ET Consignations' holdings in Rollins were worth $6,654,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Fifth Third Bancorp lifted its stake in shares of Rollins by 1.2% in the 3rd quarter. Fifth Third Bancorp now owns 18,874 shares of the business services provider's stock valued at $1,109,000 after purchasing an additional 222 shares during the period. Keel Point LLC increased its position in Rollins by 5.4% during the 2nd quarter. Keel Point LLC now owns 4,646 shares of the business services provider's stock valued at $262,000 after buying an additional 238 shares in the last quarter. Brown Brothers Harriman & Co. increased its position in Rollins by 3.4% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 7,242 shares of the business services provider's stock valued at $425,000 after buying an additional 238 shares in the last quarter. Greenleaf Trust increased its position in Rollins by 1.9% during the 4th quarter. Greenleaf Trust now owns 12,812 shares of the business services provider's stock valued at $769,000 after buying an additional 239 shares in the last quarter. Finally, Assetmark Inc. increased its position in Rollins by 18.4% during the 4th quarter. Assetmark Inc. now owns 1,562 shares of the business services provider's stock valued at $94,000 after buying an additional 243 shares in the last quarter. Hedge funds and other institutional investors own 51.79% of the company's stock.

Analysts Set New Price Targets

ROL has been the topic of a number of research reports. Loop Capital initiated coverage on Rollins in a research note on Monday, April 13th. They issued a "hold" rating and a $56.00 price target on the stock. Wells Fargo & Company set a $56.00 price target on Rollins and gave the stock an "equal weight" rating in a research note on Thursday, February 12th. Bank of America began coverage on Rollins in a research note on Tuesday, February 17th. They issued a "buy" rating and a $67.00 price target on the stock. The Goldman Sachs Group reiterated a "buy" rating and set a $67.00 price target on shares of Rollins in a research note on Thursday, April 23rd. Finally, Canaccord Genuity Group set a $51.00 target price on Rollins and gave the company a "hold" rating in a research 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 stock. Based on data from MarketBeat, Rollins currently has an average rating of "Moderate Buy" and an average target price of $65.27.

Rollins Stock Down 1.6%

Shares of NYSE:ROL opened at $54.84 on Friday. Rollins, Inc. has a 52-week low of $52.32 and a 52-week high of $66.14. The stock has a market cap of $26.40 billion, a P/E ratio of 50.31, a price-to-earnings-growth ratio of 3.43 and a beta of 0.79. The business's 50 day moving average is $55.81 and its 200 day moving average is $58.60. The company has a quick ratio of 0.59, a current ratio of 0.65 and a debt-to-equity ratio of 0.35.

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

Rollins Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Monday, May 11th will be given a dividend of $0.1825 per share. The ex-dividend date is Monday, May 11th. This represents a $0.73 dividend on an annualized basis and a dividend yield of 1.3%. Rollins's dividend payout ratio (DPR) is 66.97%.

Insider Activity 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 transaction of $842,971.36. Following the sale, the insider directly owned 55,977 shares in the company, valued at $3,322,794.72. This trade represents a 20.24% decrease in their position. The transaction 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 company 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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