Donaldson Capital Management LLC Makes New $2.11 Million Investment in Rollins, Inc. $ROL

Key Points

• Donaldson Capital Management bought a new position in Rollins in Q4, acquiring 35,070 shares valued at approximately $2.11 million.
• Rollins reported Q4 EPS of $0.25 (missing estimates by $0.02) and revenue of $912.9 million (up 9.7% YoY but below estimates), and the stock carries a consensus analyst rating of "Moderate Buy" with a $66.08 average price target.
• Insiders have sold a total of 69,435 shares (~$4.32 million) over the past 90 days; the company pays a quarterly dividend of $0.1825 (≈1.4% yield), with institutional investors owning about 51.79% of the stock.

Donaldson Capital Management LLC bought a new position in Rollins, Inc. (NYSE:ROL - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 35,070 shares of the business services provider's stock, valued at approximately $2,105,000.

Other hedge funds also recently made changes to their positions in the company. Board of the Pension Protection Fund acquired a new position in Rollins during the 4th quarter worth approximately $30,000. Root Financial Partners LLC acquired a new stake in Rollins in the third quarter valued at approximately $31,000. CYBER HORNET ETFs LLC acquired a new stake in Rollins in the second quarter valued at approximately $42,000. TruNorth Capital Management LLC bought a new stake in shares of Rollins during the third quarter worth $45,000. Finally, First Horizon Corp acquired a new position in shares of Rollins during the third quarter worth $47,000. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Rollins Price Performance

Shares of NYSE ROL opened at $52.47 on Monday. The company has a market capitalization of $25.29 billion, a PE ratio of 48.14, a P/E/G ratio of 3.24 and a beta of 0.80. The company has a quick ratio of 0.55, a current ratio of 0.60 and a debt-to-equity ratio of 0.35. Rollins, Inc. has a twelve month low of $49.73 and a twelve month high of $66.14. The firm has a fifty day simple moving average of $59.54 and a 200 day simple moving average of $59.01.

Rollins (NYSE:ROL - Get Free Report) last issued its quarterly earnings results on Wednesday, February 11th. The business services provider reported $0.25 earnings per share for the quarter, missing analysts' consensus estimates of $0.27 by ($0.02). Rollins had a return on equity of 38.16% and a net margin of 14.00%.The business had revenue of $912.91 million for the quarter, compared to analyst estimates of $925.08 million. During the same quarter in the previous year, the business posted $0.22 earnings per share. The business's revenue was up 9.7% on a year-over-year basis. On average, sell-side analysts forecast that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Wednesday, February 25th were given a dividend of $0.1825 per share. The ex-dividend date of this dividend was Wednesday, February 25th. This represents a $0.73 annualized dividend and a dividend yield of 1.4%. Rollins's dividend payout ratio (DPR) is 66.97%.

Analyst Upgrades and Downgrades

ROL has been the subject of a number of research reports. Morgan Stanley set a $70.00 price target on Rollins in a research note on Friday, February 13th. UBS Group set a $65.00 target price on Rollins in a report on Wednesday, January 21st. Bank of America started coverage on Rollins in a research report on Tuesday, February 17th. They issued a "buy" rating and a $67.00 target price for the company. Royal Bank Of Canada set a $67.00 price target on Rollins and gave the company an "outperform" rating in a research note on Thursday, February 12th. Finally, Weiss Ratings restated a "buy (b)" rating on shares of Rollins in a report on Monday, December 29th. Eleven investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $66.08.

Insider Buying and Selling

In related news, Chairman John F. Wilson sold 5,344 shares of the stock in a transaction on Wednesday, January 28th. The shares were sold at an average price of $62.83, for a total transaction of $335,763.52. Following the transaction, the chairman directly owned 594,705 shares of the company's stock, valued at $37,365,315.15. This represents a 0.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jerry Jr. Gahlhoff sold 1,307 shares of the firm's stock in a transaction on Wednesday, January 28th. The stock was sold at an average price of $62.83, for a total transaction of $82,118.81. Following the completion of the sale, the chief executive officer owned 327,079 shares of the company's stock, valued at $20,550,373.57. The trade was a 0.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 69,435 shares of company stock worth $4,321,384 over the last ninety days. 5.77% of the stock is owned by company insiders.

Rollins 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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