Donaldson Capital Management LLC Buys New Holdings in Rollins, Inc. $ROL

Donaldson Capital Management LLC purchased a new position in Rollins, Inc. (NYSE:ROL) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 35,070 shares of the business services provider’s stock, valued at approximately $2,105,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Board of the Pension Protection Fund bought a new stake in shares of Rollins during the fourth quarter valued at approximately $30,000. Root Financial Partners LLC bought a new position in shares of Rollins in the 3rd quarter worth $31,000. CYBER HORNET ETFs LLC bought a new position in shares of Rollins in the 2nd quarter worth $42,000. TruNorth Capital Management LLC acquired a new stake in Rollins in the 3rd quarter valued at $45,000. Finally, First Horizon Corp acquired a new stake in Rollins in the 3rd quarter valued at $47,000. Institutional investors and hedge funds own 51.79% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on ROL. Weiss Ratings restated a “buy (b)” rating on shares of Rollins in a report on Monday, December 29th. Canaccord Genuity Group set a $52.00 target price on shares of Rollins and gave the stock a “hold” rating in a research report on Friday, February 13th. Sanford C. Bernstein restated an “outperform” rating on shares of Rollins in a report on Tuesday, December 2nd. Wells Fargo & Company set a $56.00 price target on shares of Rollins and gave the company an “equal weight” rating in a research report on Thursday, February 12th. Finally, Barclays upgraded Rollins from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $60.00 to $72.00 in a research note on Friday, December 5th. Eleven research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $66.08.

Rollins Trading Up 0.0%

Shares of ROL stock opened at $52.47 on Monday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.55 and a current ratio of 0.60. The company has a market capitalization of $25.29 billion, a price-to-earnings ratio of 48.14, a PEG ratio of 3.24 and a beta of 0.80. Rollins, Inc. has a 52-week low of $49.73 and a 52-week high of $66.14. The company has a 50-day simple moving average of $59.54 and a two-hundred day simple moving average of $59.01.

Rollins (NYSE:ROL) last posted its earnings results on Wednesday, February 11th. The business services provider reported $0.25 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.02). Rollins had a return on equity of 38.16% and a net margin of 14.00%.The firm had revenue of $912.91 million for the quarter, compared to the consensus estimate of $925.08 million. During the same period in the prior year, the business earned $0.22 EPS. Rollins’s quarterly revenue was up 9.7% compared to the same quarter last year. Research analysts anticipate that Rollins, Inc. will post 1.09 EPS for the current fiscal year.

Rollins Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Wednesday, February 25th were issued a dividend of $0.1825 per share. This represents a $0.73 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date was Wednesday, February 25th. Rollins’s dividend payout ratio (DPR) is 66.97%.

Insiders Place Their Bets

In other news, Chairman John F. Wilson sold 7,538 shares of Rollins stock in a transaction on Monday, January 26th. The stock was sold at an average price of $63.26, for a total transaction of $476,853.88. Following the sale, the chairman directly owned 600,049 shares in the company, valued at $37,959,099.74. The trade was a 1.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Jerry Jr. Gahlhoff sold 4,510 shares of the business’s stock in a transaction dated Monday, January 26th. The stock was sold at an average price of $63.26, for a total transaction of $285,302.60. Following the completion of the transaction, the chief executive officer directly owned 328,386 shares in the company, valued at $20,773,698.36. This trade represents a 1.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 69,435 shares of company stock valued at $4,321,384. 5.77% of the stock is currently owned by 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.