Rollins, Inc. $ROL Shares Sold by California Public Employees Retirement System

California Public Employees Retirement System trimmed its holdings in Rollins, Inc. (NYSE:ROL) by 11.9% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 645,835 shares of the business services provider’s stock after selling 87,257 shares during the period. California Public Employees Retirement System’s holdings in Rollins were worth $34,494,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the business. DV Equities LLC acquired a new position in Rollins in the 4th quarter valued at about $25,000. Cornerstone Planning Group LLC raised its stake in Rollins by 528.4% during the 4th quarter. Cornerstone Planning Group LLC now owns 421 shares of the business services provider’s stock valued at $26,000 after acquiring an additional 354 shares during the last quarter. Torren Management LLC acquired a new stake in Rollins during the 4th quarter worth approximately $36,000. Fideuram Asset Management Ireland dac purchased a new position in shares of Rollins in the 4th quarter valued at approximately $43,000. Finally, Quarry LP grew its stake in shares of Rollins by 155.2% in the 4th quarter. Quarry LP now owns 740 shares of the business services provider’s stock valued at $44,000 after purchasing an additional 450 shares during the last quarter. Institutional investors and hedge funds own 51.79% of the company’s stock.

Rollins Price Performance

Shares of ROL opened at $43.85 on Wednesday. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 0.35. The stock’s 50 day moving average is $46.87 and its two-hundred day moving average is $54.12. Rollins, Inc. has a twelve month low of $41.50 and a twelve month high of $66.14. The firm has a market capitalization of $21.11 billion, a PE ratio of 40.23, a P/E/G ratio of 2.75 and a beta of 0.75.

Rollins (NYSE:ROL) last posted its quarterly earnings results on Wednesday, April 22nd. The business services provider reported $0.24 EPS for the quarter, meeting the consensus estimate of $0.24. The business had revenue of $906.42 million during the quarter, compared to analysts’ expectations of $895.17 million. Rollins had a return on equity of 38.37% and a net margin of 13.77%.The company’s quarterly revenue was up 10.2% compared to the same quarter last year. During the same period last year, the firm earned $0.22 EPS. Research analysts anticipate that Rollins, Inc. will post 1.24 earnings per share for the current year.

Key Rollins News

Here are the key news stories impacting Rollins this week:

• Positive Sentiment: Rollins announced a regular quarterly cash dividend of $0.1825 per share, signaling continued confidence in cash generation and returning capital to shareholders. ROLLINS, INC. ANNOUNCES REGULAR QUARTERLY CASH DIVIDEND
• Positive Sentiment: Recent analyst coverage ahead of Q2 earnings pointed to expected revenue and EPS growth, supported by acquisitions, market expansion, cross-selling, and pricing power. Rollins is Set to Report Q2 Earnings: Here’s What You Should Know
• Positive Sentiment: Another earnings preview suggested investors are looking for continued strength in key operating metrics, reinforcing expectations for a solid quarterly report. Rollins (ROL) Q2 Earnings on the Horizon: Analysts’ Insights on Key Performance Measures
• Neutral Sentiment: A market commentary article highlighted that Rollins’ prior revenue beat and rising EPS estimates could be constructive for shareholders, but it mainly reflects analyst sentiment rather than a new company-specific catalyst. What Rollins (ROL)’s Revenue Beat and Rising EPS Estimates Mean For Shareholders
• Negative Sentiment: The stock has been trading below its 50-day and 200-day moving averages, suggesting the market still sees weakness despite the positive dividend and earnings backdrop.

Wall Street Analyst Weigh In

Several research firms have recently commented on ROL. Citigroup began coverage on Rollins in a research note on Wednesday, July 15th. They set a “neutral” rating and a $46.00 price target for the company. Canaccord Genuity Group set a $51.00 price objective on shares of Rollins and gave the company a “hold” rating in a research report on Friday, April 24th. Weiss Ratings cut shares of Rollins from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, June 26th. Sanford C. Bernstein downgraded shares of Rollins from an “outperform” rating to a “market perform” rating and cut their price objective for the stock from $70.00 to $52.00 in a research report on Friday, May 29th. Finally, Morgan Stanley cut their price objective on shares of Rollins from $70.00 to $65.00 and set an “overweight” rating for the company in a research report on Wednesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $60.87.

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.