Nordea Investment Management AB Buys 292,062 Shares of Rollins, Inc. $ROL

Nordea Investment Management AB raised its stake in Rollins, Inc. (NYSE:ROL) by 52.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 852,362 shares of the business services provider’s stock after acquiring an additional 292,062 shares during the period. Nordea Investment Management AB owned approximately 0.18% of Rollins worth $51,363,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of ROL. Vanguard Group Inc. boosted its stake in Rollins by 4.2% in the 3rd quarter. Vanguard Group Inc. now owns 36,720,282 shares of the business services provider’s stock worth $2,156,949,000 after purchasing an additional 1,480,306 shares in the last quarter. State Street Corp increased its stake in Rollins by 1.4% during the 3rd quarter. State Street Corp now owns 12,274,415 shares of the business services provider’s stock valued at $720,999,000 after purchasing an additional 172,303 shares in the last quarter. Invesco Ltd. raised its holdings in Rollins by 41.2% in the second quarter. Invesco Ltd. now owns 5,657,997 shares of the business services provider’s stock worth $319,224,000 after buying an additional 1,649,676 shares during the last quarter. Norges Bank purchased a new position in Rollins in the second quarter worth about $218,593,000. Finally, Northern Trust Corp lifted its stake in shares of Rollins by 0.5% in the third quarter. Northern Trust Corp now owns 2,885,973 shares of the business services provider’s stock worth $169,522,000 after buying an additional 15,133 shares in the last quarter. Hedge funds and other institutional investors own 51.79% of the company’s stock.

Rollins Stock Performance

Shares of ROL stock opened at $53.16 on Tuesday. The company has a quick ratio of 0.55, a current ratio of 0.60 and a debt-to-equity ratio of 0.35. The company has a 50 day moving average price of $60.27 and a 200-day moving average price of $59.12. Rollins, Inc. has a 52 week low of $49.73 and a 52 week high of $66.14. The firm has a market capitalization of $25.62 billion, a PE ratio of 48.77, a P/E/G ratio of 3.28 and a beta of 0.80.

Rollins (NYSE:ROL) last issued its earnings results on Wednesday, February 11th. The business services provider reported $0.25 earnings per share (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 company had revenue of $912.91 million during the quarter, compared to analysts’ expectations of $925.08 million. During the same quarter in the prior year, the business posted $0.22 EPS. The company’s revenue for the quarter was up 9.7% compared to the same quarter last year. As a group, equities research analysts expect that Rollins, Inc. will post 1.09 earnings per share for the current year.

Rollins Dividend Announcement

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

Insiders Place Their Bets

In other news, insider Elizabeth B. Chandler sold 14,201 shares of the stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $59.36, for a total value of $842,971.36. Following the transaction, the insider owned 55,977 shares in the company, valued at $3,322,794.72. This represents a 20.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Thomas D. Tesh sold 2,396 shares of the stock in a transaction that occurred on Friday, January 9th. The stock was sold at an average price of $60.06, for a total transaction of $143,903.76. Following the completion of the transaction, the insider owned 29,231 shares in the company, valued at $1,755,613.86. This trade represents a 7.58% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 69,435 shares of company stock valued at $4,321,384. 4.47% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research firms have recently commented on ROL. Bank of America began coverage on shares of Rollins in a report on Tuesday, February 17th. They set a “buy” rating and a $67.00 price target on the stock. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Rollins in a research report on Tuesday, December 2nd. Morgan Stanley set a $70.00 target price on Rollins in a research note on Friday, February 13th. Weiss Ratings reissued a “buy (b)” rating on shares of Rollins in a report on Monday, December 29th. Finally, Barclays upgraded Rollins from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $60.00 to $72.00 in a research note on Friday, December 5th. Eleven equities 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 stock currently has an average rating of “Moderate Buy” and an average price target of $66.08.

Key Stories Impacting Rollins

Here are the key news stories impacting Rollins this week:

• Neutral Sentiment: Several items concern WWE superstar Seth Rollins — including reports of an arrest in Boston and coverage of his recent WWE appearances; none relate to Rollins, Inc.’s operations or financials. Seth Rollins arrested
• Neutral Sentiment: Congratulatory coverage of WWE personalities (Seth Rollins & Becky Lynch) — entertainment news with no corporate link to ROL. Congratulations to WWE Superstars Seth Rollins and Becky Lynch!
• Neutral Sentiment: Additional reporting on Seth Rollins’ Boston arrest following a restraining order revelation during WWE programming — no connection to Rollins, Inc. Seth Rollins Arrested By Boston Police Department After Paul Heyman Reveals Restraining Order On WWE Raw
• Neutral Sentiment: Feature interview pieces and commentary about Seth Rollins’ views on peers (CM Punk, Roman Reigns) and WrestleMania — entertainment/sports content, not corporate. Seth Rollins Was Asked To Speak Positively About CM Punk
• Neutral Sentiment: Preview pieces on what Seth Rollins might do on WWE RAW — entertainment preview, irrelevant to ROL fundamentals. 4 Things Seth Rollins can do on WWE RAW this week
• Neutral Sentiment: Food/cooking items about Cowboy Kent Rollins and cast‑iron seasoning — unrelated consumer/food coverage, no impact on Rollins, Inc. How To Correctly Season a Cast Iron Pan, Cowboy Kent Rollins Reveals
• Neutral Sentiment: Cooking tips from Cowboy Kent Rollins on prime rib — lifestyle content not connected to Rollins, Inc. How Cowboy Kent Rollins Gets Extra Flavor In His Prime Rib
• Neutral Sentiment: Political commentary quoting a “Secretary Rollins” on economic policy — not connected to Rollins, Inc.’s business or guidance. Secretary Rollins: Trump has ‘recalibrated’ the global economy
• Neutral Sentiment: Local Boston profile noting Seth Rollins’ affinity for the city — human interest piece unrelated to the pest‑control company. WWE superstar Seth Rollins has ‘special affinity for Boston’
• Neutral Sentiment: Coverage of Seth Rollins expressing bittersweet feelings about WrestleMania positioning — sports media, not corporate news. Seth Rollins: It Is Bittersweet That I’m Not The One Taking The World Heavyweight Title Into The Main Event Of WrestleMania
• Neutral Sentiment: Reporting that Seth Rollins is unhappy about a major issue heading into WrestleMania — entertainment reporting only. Seth Rollins unhappy about a major thing heading into WWE WrestleMania 42

Rollins Company 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.