MassMutual Private Wealth & Trust FSB Has $2.35 Million Stake in Rollins, Inc. $ROL

MassMutual Private Wealth & Trust FSB decreased its holdings in Rollins, Inc. (NYSE:ROL) by 22.4% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 56,268 shares of the business services provider’s stock after selling 16,249 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in Rollins were worth $2,349,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in ROL. National Pension Service raised its stake in shares of Rollins by 138.3% in the fourth quarter. National Pension Service now owns 51,277 shares of the business services provider’s stock worth $3,078,000 after acquiring an additional 29,758 shares during the last quarter. USS Investment Management Ltd grew its stake in shares of Rollins by 55.9% during the first quarter. USS Investment Management Ltd now owns 3,131,337 shares of the business services provider’s stock valued at $167,260,000 after purchasing an additional 1,123,237 shares during the last quarter. Public Employees Retirement System of Ohio increased its holdings in shares of Rollins by 16.8% in the first quarter. Public Employees Retirement System of Ohio now owns 216,278 shares of the business services provider’s stock valued at $11,551,000 after purchasing an additional 31,173 shares in the last quarter. Bessemer Group Inc. increased its holdings in shares of Rollins by 73.3% in the first quarter. Bessemer Group Inc. now owns 1,879,120 shares of the business services provider’s stock valued at $100,365,000 after purchasing an additional 794,722 shares in the last quarter. Finally, Asset Management One Co. Ltd. raised its position in Rollins by 22.1% in the 4th quarter. Asset Management One Co. Ltd. now owns 273,680 shares of the business services provider’s stock worth $16,627,000 after purchasing an additional 49,612 shares during the last quarter. Institutional investors own 51.79% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $45.00 price objective (down from $70.00) on shares of Rollins in a report on Friday, July 24th. Raymond James Financial set a $35.00 target price on Rollins in a research note on Thursday, July 23rd. Piper Sandler dropped their target price on Rollins from $72.00 to $46.00 and set an “overweight” rating for the company in a research report on Friday, July 24th. Rothschild & Co Redburn set a $66.00 price target on Rollins and gave the company a “buy” rating in a research note on Monday, April 27th. Finally, UBS Group reaffirmed a “neutral” rating and set a $43.00 price target (down from $50.00) on shares of Rollins in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, Rollins presently has a consensus rating of “Hold” and a consensus target price of $48.71.

Rollins Trading Down 1.0%

Shares of NYSE ROL opened at $37.79 on Wednesday. Rollins, Inc. has a fifty-two week low of $36.59 and a fifty-two week high of $66.14. The firm has a market capitalization of $18.18 billion, a P/E ratio of 34.36, a P/E/G ratio of 4.14 and a beta of 0.75. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.63 and a quick ratio of 0.58. The company’s 50 day simple moving average is $43.99 and its 200 day simple moving average is $52.63.

Rollins (NYSE:ROL) last released its earnings results on Wednesday, July 22nd. The business services provider reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.02). The business had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.09 billion. Rollins had a return on equity of 38.81% and a net margin of 13.55%.Rollins’s revenue was up 7.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.30 EPS. On average, analysts predict that Rollins, Inc. will post 1.2 EPS for the current year.

Rollins Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 10th will be given a $0.1825 dividend. This represents a $0.73 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Monday, August 10th. Rollins’s dividend payout ratio (DPR) is currently 66.36%.

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.