Federated Hermes Inc. increased its position in shares of Rollins, Inc. (NYSE:ROL – Free Report) by 40.9% during the third quarter, Holdings Channel reports. The fund owned 1,087,262 shares of the business services provider’s stock after acquiring an additional 315,456 shares during the quarter. Federated Hermes Inc.’s holdings in Rollins were worth $63,866,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. J.W. Cole Advisors Inc. increased its holdings in Rollins by 16.2% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 128,043 shares of the business services provider’s stock valued at $7,224,000 after purchasing an additional 17,845 shares in the last quarter. Savant Capital LLC boosted its position in shares of Rollins by 7.2% in the second quarter. Savant Capital LLC now owns 21,419 shares of the business services provider’s stock worth $1,208,000 after buying an additional 1,435 shares during the period. Prudential Financial Inc. grew its stake in shares of Rollins by 11.0% in the second quarter. Prudential Financial Inc. now owns 158,775 shares of the business services provider’s stock valued at $8,958,000 after buying an additional 15,699 shares in the last quarter. Marshall Wace LLP raised its holdings in shares of Rollins by 78.0% during the 2nd quarter. Marshall Wace LLP now owns 2,282,659 shares of the business services provider’s stock valued at $128,788,000 after buying an additional 1,000,185 shares during the period. Finally, Assenagon Asset Management S.A. lifted its position in Rollins by 139.5% during the 3rd quarter. Assenagon Asset Management S.A. now owns 416,737 shares of the business services provider’s stock worth $24,479,000 after acquiring an additional 242,699 shares in the last quarter. 51.79% of the stock is owned by hedge funds and other institutional investors.
Rollins Price Performance
Shares of ROL stock opened at $62.85 on Thursday. The firm has a fifty day moving average of $60.89 and a two-hundred day moving average of $58.48. The firm has a market cap of $30.46 billion, a P/E ratio of 58.73 and a beta of 0.79. Rollins, Inc. has a 1-year low of $48.70 and a 1-year high of $63.84. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.77 and a quick ratio of 0.71.
Rollins Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Wednesday, February 25th will be given a $0.1825 dividend. The ex-dividend date is Wednesday, February 25th. This represents a $0.73 annualized dividend and a dividend yield of 1.2%. Rollins’s dividend payout ratio (DPR) is presently 68.22%.
Insiders Place Their Bets
In other Rollins news, Chairman Gary W. Rollins sold 19,094 shares of Rollins stock in a transaction on Monday, January 26th. The shares were sold at an average price of $63.26, for a total value of $1,207,886.44. Following the completion of the transaction, the chairman owned 5,322,469 shares of the company’s stock, valued at $336,699,388.94. The trade was a 0.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Chairman John F. Wilson sold 7,538 shares of the business’s stock in a transaction on Monday, January 26th. The shares were sold at an average price of $63.26, for a total transaction of $476,853.88. Following the sale, the chairman owned 600,049 shares of the company’s stock, valued at approximately $37,959,099.74. The trade was a 1.24% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 42,887 shares of company stock worth $2,677,891. Corporate insiders own 4.47% of the company’s stock.
Rollins News Summary
Here are the key news stories impacting Rollins this week:
- Positive Sentiment: Recent operating results and fundamentals: Rollins reported an October quarter beat (EPS $0.35 vs. $0.32 consensus) with revenue up ~12% year‑over‑year and strong ROE (~37.6%). The company has low leverage (debt/equity ~0.32) which supports earnings durability. MarketBeat ROL Profile
- Neutral Sentiment: Non‑corporate media items referencing the name “Rollins” (WWE wrestler Seth Rollins) appeared in feeds but are unrelated to Rollins, Inc.’s business or outlook; they are unlikely to move ROL fundamentals. Example links: MSN: Seth Rollins article
- Negative Sentiment: Insider selling by multiple senior insiders and founders: several Form 4 filings show significant share sales on Jan 26 by Gary W. Rollins (19,094 shares, ~$1.21M), John F. Wilson (7,538 shares, ~$476.9K), CEO Jerry Jr. Gahlhoff (4,510 shares, ~$285.3K), Elizabeth B. Chandler (2,151 shares, ~$136.1K) and Thomas D. Tesh (887 shares, ~$56.1K). Collectively these sales can add short‑term supply and signal liquidity needs or portfolio rebalancing rather than a change in company fundamentals; nonetheless, the market often reads clustered senior‑level sales as a near‑term negative. SEC filings: Gary Rollins SEC John Wilson SEC Gahlhoff SEC Chandler SEC Tesh SEC
Wall Street Analysts Forecast Growth
ROL has been the subject of several recent research reports. Canaccord Genuity Group set a $55.00 price objective on shares of Rollins and gave the company a “hold” rating in a research report on Friday, October 31st. Wells Fargo & Company raised their price target on shares of Rollins from $65.00 to $68.00 and gave the company an “overweight” rating in a report on Wednesday, January 14th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Rollins in a report on Tuesday, December 2nd. The Goldman Sachs Group reissued a “buy” rating and issued a $64.00 price objective on shares of Rollins in a research report on Thursday, October 30th. Finally, Barclays raised Rollins from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $60.00 to $72.00 in a research report on Friday, December 5th. Eleven research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $67.67.
Get Our Latest Stock Analysis on Rollins
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.
See Also
- Five stocks we like better than Rollins
- How a Family Trust May Be Able To Help Preserve Your Wealth
- Do not delete, read immediately
- NEW LAW: Congress Approves Setup For Digital Dollar?
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
- A U.S. “birthright” claim worth trillions – activated quietly
Want to see what other hedge funds are holding ROL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Rollins, Inc. (NYSE:ROL – Free Report).
Receive News & Ratings for Rollins Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rollins and related companies with MarketBeat.com's FREE daily email newsletter.
