Rollins, Inc. $ROL Shares Purchased by Dudley & Shanley Inc.

Key Points

• Dudley & Shanley increased its Rollins stake by 8.8% in the second quarter, bringing its holdings to 495,655 shares valued at approximately $20.7 million. Institutional investors collectively own 51.79% of the company.
• Rollins reported quarterly EPS of $0.32, below the $0.34 consensus estimate, while revenue rose 7.9% year over year to $1.08 billion. The stock opened at $37.81, near its one-year low of $36.35.
• The company declared a quarterly dividend of $0.1825, equivalent to an annualized $0.73 and a 1.9% yield. Analyst sentiment is mixed, with Rollins holding a consensus “Hold” rating and an average price target of $48.71.

Dudley & Shanley Inc. raised its stake in Rollins, Inc. (NYSE:ROL - Free Report) by 8.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 495,655 shares of the business services provider's stock after buying an additional 39,925 shares during the quarter. Rollins comprises about 3.1% of Dudley & Shanley Inc.'s portfolio, making the stock its 18th biggest holding. Dudley & Shanley Inc. owned about 0.10% of Rollins worth $20,689,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. LRI Investments LLC raised its stake in shares of Rollins by 8.7% in the 4th quarter. LRI Investments LLC now owns 2,293 shares of the business services provider's stock valued at $138,000 after acquiring an additional 183 shares during the period. Sequoia Financial Advisors LLC boosted its position in shares of Rollins by 1.1% during the first quarter. Sequoia Financial Advisors LLC now owns 16,365 shares of the business services provider's stock worth $874,000 after buying an additional 183 shares during the period. IFM Investors Pty Ltd grew its stake in shares of Rollins by 0.3% in the first quarter. IFM Investors Pty Ltd now owns 57,895 shares of the business services provider's stock valued at $3,092,000 after buying an additional 185 shares in the last quarter. New Mexico Educational Retirement Board raised its holdings in shares of Rollins by 1.6% in the 4th quarter. New Mexico Educational Retirement Board now owns 12,875 shares of the business services provider's stock valued at $773,000 after buying an additional 200 shares during the period. Finally, Inspire Investing LLC lifted its stake in Rollins by 3.9% during the 4th quarter. Inspire Investing LLC now owns 5,457 shares of the business services provider's stock worth $328,000 after acquiring an additional 203 shares in the last quarter. Hedge funds and other institutional investors own 51.79% of the company's stock.

Rollins Price Performance

ROL stock opened at $37.81 on Monday. The business's 50-day moving average is $43.29 and its two-hundred day moving average is $52.10. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.63 and a quick ratio of 0.58. The firm has a market capitalization of $18.19 billion, a P/E ratio of 34.37, a P/E/G ratio of 4.12 and a beta of 0.75. Rollins, Inc. has a 1 year low of $36.35 and a 1 year high of $66.14.

Rollins (NYSE:ROL - Get Free Report) last announced its quarterly earnings data 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 company had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.09 billion. Rollins had a return on equity of 38.81% and a net margin of 13.55%.The business's quarterly revenue was up 7.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.30 earnings per share. Analysts anticipate that Rollins, Inc. will post 1.19 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. Shareholders of record on Monday, August 10th will be given a $0.1825 dividend. The ex-dividend date of this dividend is Monday, August 10th. This represents a $0.73 dividend on an annualized basis and a dividend yield of 1.9%. Rollins's dividend payout ratio is currently 66.36%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on ROL shares. Wells Fargo & Company downgraded Rollins from an "overweight" rating to an "underweight" rating and dropped their target price for the company from $46.00 to $32.00 in a research report on Friday, July 24th. Raymond James Financial set a $35.00 price objective on shares of Rollins in a research note on Thursday, July 23rd. JPMorgan Chase & Co. restated an "underweight" rating and issued a $45.00 price objective (down from $70.00) on shares of Rollins 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 report on Friday, July 24th. Finally, Sanford C. Bernstein cut shares of Rollins from an "outperform" rating to a "market perform" rating and decreased their price target for the company from $70.00 to $52.00 in a research report on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, Rollins currently has an average rating of "Hold" and a consensus target price of $48.71.

About Rollins

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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