Moran Wealth Management LLC Increases Stock Holdings in Rollins, Inc. $ROL

Moran Wealth Management LLC lifted its position in shares of Rollins, Inc. (NYSE:ROL) by 42.3% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 301,163 shares of the business services provider’s stock after acquiring an additional 89,515 shares during the period. Moran Wealth Management LLC’s holdings in Rollins were worth $17,690,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Asset Advisors Investment Management LLC increased its holdings in Rollins by 20.0% during the 3rd quarter. Asset Advisors Investment Management LLC now owns 49,745 shares of the business services provider’s stock valued at $2,922,000 after acquiring an additional 8,298 shares in the last quarter. KLP Kapitalforvaltning AS grew its position in shares of Rollins by 57.1% in the third quarter. KLP Kapitalforvaltning AS now owns 179,625 shares of the business services provider’s stock valued at $10,551,000 after purchasing an additional 65,300 shares during the last quarter. Index Fund Advisors Inc. purchased a new position in shares of Rollins during the 3rd quarter worth approximately $201,000. Spirepoint Private Client LLC acquired a new position in shares of Rollins during the 3rd quarter worth approximately $226,000. Finally, Greenleaf Trust lifted its stake in Rollins by 158.3% in the 3rd quarter. Greenleaf Trust now owns 12,573 shares of the business services provider’s stock valued at $739,000 after buying an additional 7,705 shares in the last quarter. 51.79% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ROL has been the subject of several recent research reports. The Goldman Sachs Group reissued a “buy” rating and set a $64.00 price target on shares of Rollins in a research report on Thursday, October 30th. Jefferies Financial Group set a $66.00 price objective on Rollins and gave the company a “buy” rating in a research note on Monday, November 3rd. Royal Bank Of Canada reissued an “outperform” rating and issued a $70.00 target price on shares of Rollins in a research note on Tuesday, December 23rd. Barclays raised shares of Rollins from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $60.00 to $72.00 in a research note on Friday, December 5th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Rollins in a research report on Monday, December 29th. Eleven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $66.92.

Rollins Stock Down 0.1%

Shares of NYSE:ROL opened at $59.43 on Thursday. The company has a current ratio of 0.77, a quick ratio of 0.71 and a debt-to-equity ratio of 0.32. The firm has a market cap of $28.80 billion, a price-to-earnings ratio of 55.54 and a beta of 0.79. The stock’s 50-day moving average price is $59.73 and its two-hundred day moving average price is $57.83. Rollins, Inc. has a 12-month low of $45.55 and a 12-month high of $61.84.

Rollins (NYSE:ROL) last announced its quarterly earnings data on Wednesday, October 29th. The business services provider reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.03. Rollins had a net margin of 14.02% and a return on equity of 37.60%. The business had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.02 billion. During the same period in the prior year, the firm posted $0.29 EPS. The company’s revenue was up 12.0% on a year-over-year basis. On average, research analysts forecast that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Monday, November 10th were paid a dividend of $0.1825 per share. This is an increase from Rollins’s previous quarterly dividend of $0.17. This represents a $0.73 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Monday, November 10th. Rollins’s payout ratio is 68.22%.

Key Stories Impacting Rollins

Here are the key news stories impacting Rollins this week:

• Positive Sentiment: Zacks highlights Rollins for earnings growth and price strength, naming ROL a stock to watch — this analyst attention can help attract momentum investors and support the share price. Earnings Growth & Price Strength Make Rollins (ROL) a Stock to Watch
• Neutral Sentiment: HHS/USDA nutrition guidelines announced by RFK Jr. and Agriculture Secretary Brooke Rollins focus on protein and less processed food; this is a policy/consumer-health story tied to a person named Rollins but has no direct relevance to Rollins, Inc.’s pest-management operations. RFK Jr. announces new nutrition guidelines, pushing more protein and less processed food
• Neutral Sentiment: Brooke Rollins’ White House appearance and diet “reset” coverage is media attention on a public official with the same surname; not company-specific and unlikely to affect Rollins, Inc.’s outlook. Brooke Rollins unveils explosive diet reset with RFK Jr. at White House
• Neutral Sentiment: Multiple entertainment/sports stories about WWE star Seth Rollins and the show “WWE Unreal” are unrelated to Rollins, Inc.; they may generate search/name noise but do not affect the company’s pest-control fundamentals. WWE star Seth Rollins reveals his ‘difficult relationship’ with Unreal on Netflix
• Negative Sentiment: No fresh, company-specific catalysts were reported in the last 24–36 hours; with limited news flow and trading volume near average, the stock is drifting lower on mixed sentiment rather than any material change to Rollins’ fundamentals.

Insider Buying and Selling at Rollins

In other news, insider Thomas D. Tesh sold 2,396 shares of the company’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $59.73, for a total transaction of $143,113.08. Following the completion of the sale, the insider directly owned 31,627 shares in the company, valued at $1,889,080.71. This represents a 7.04% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 4.47% of the stock is currently owned by company insiders.

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.