S&CO Inc. Takes $6.53 Million Position in Rollins, Inc. $ROL

Key Points

• S&CO Inc. acquired 156,393 shares of Rollins during the second quarter, representing an investment of approximately $6.53 million. Institutional investors and hedge funds collectively own 51.79% of the company.
• Analyst sentiment is mixed but leans toward caution: Rollins has a consensus “Hold” rating and an average price target of $48.71, following several target and rating downgrades.
• 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 company declared a quarterly dividend of $0.1825 per share, equivalent to a 2.0% annualized yield.

S&CO Inc. purchased a new position in Rollins, Inc. (NYSE:ROL - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 156,393 shares of the business services provider's stock, valued at approximately $6,527,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. LRI Investments LLC grew its stake in Rollins by 8.7% during 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 in the last quarter. Sequoia Financial Advisors LLC lifted its stake in Rollins by 1.1% in the 1st quarter. Sequoia Financial Advisors LLC now owns 16,365 shares of the business services provider's stock worth $874,000 after purchasing an additional 183 shares in the last quarter. IFM Investors Pty Ltd boosted its holdings in shares of Rollins by 0.3% during the 1st quarter. IFM Investors Pty Ltd now owns 57,895 shares of the business services provider's stock worth $3,092,000 after purchasing an additional 185 shares during the last quarter. New Mexico Educational Retirement Board boosted its holdings in shares of Rollins by 1.6% during the 4th quarter. New Mexico Educational Retirement Board now owns 12,875 shares of the business services provider's stock worth $773,000 after purchasing an additional 200 shares during the last quarter. Finally, Inspire Investing LLC grew its position in shares of Rollins by 3.9% in the fourth quarter. Inspire Investing LLC now owns 5,457 shares of the business services provider's stock valued at $328,000 after purchasing an additional 203 shares in the last quarter. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on ROL shares. Sanford C. Bernstein cut Rollins from an "outperform" rating to a "market perform" rating and cut their price target for the company from $70.00 to $52.00 in a report on Friday, May 29th. Royal Bank Of Canada lowered Rollins from an "outperform" rating to a "sector perform" rating and lowered their price objective for the stock from $52.00 to $40.00 in a research note on Thursday, July 23rd. Piper Sandler dropped their target price on Rollins from $72.00 to $46.00 and set an "overweight" rating for the company 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, The Goldman Sachs Group reiterated a "buy" rating and set a $67.00 price target on shares of Rollins in a report on Thursday, April 23rd. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, Rollins has a consensus rating of "Hold" and an average target price of $48.71.

Rollins Stock Performance

Rollins stock opened at $36.23 on Friday. The firm has a 50 day simple moving average of $42.34 and a 200-day simple moving average of $51.25. The stock has a market cap of $17.43 billion, a price-to-earnings ratio of 32.93, a price-to-earnings-growth ratio of 3.95 and a beta of 0.75. 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, Inc. has a 1-year low of $35.97 and a 1-year high of $66.14.

Rollins (NYSE:ROL - Get Free Report) last released 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 business had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.09 billion. Rollins had a net margin of 13.55% and a return on equity of 38.81%. The company's revenue was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.30 earnings per share. On average, analysts expect that Rollins, Inc. will post 1.19 EPS for the current year.

Rollins Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 10th will be paid a $0.1825 dividend. This represents a $0.73 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Monday, August 10th. Rollins's dividend payout ratio is 66.36%.

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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