Callan Family Office LLC Makes New $643,000 Investment in Rollins, Inc. $ROL

Callan Family Office LLC acquired a new stake in Rollins, Inc. (NYSE:ROL) during the second quarter, according to its most recent filing with the SEC. The firm acquired 15,406 shares of the business services provider’s stock, valued at approximately $643,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in ROL. National Pension Service grew its holdings in Rollins by 138.3% during the 4th 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 period. Dudley & Shanley Inc. lifted its stake in shares of Rollins by 8.8% in the 2nd quarter. Dudley & Shanley Inc. now owns 495,655 shares of the business services provider’s stock valued at $20,689,000 after purchasing an additional 39,925 shares during the period. Public Employees Retirement System of Ohio boosted its position in shares of Rollins by 16.8% in the 1st quarter. Public Employees Retirement System of Ohio now owns 216,278 shares of the business services provider’s stock worth $11,551,000 after purchasing an additional 31,173 shares during the last quarter. USS Investment Management Ltd boosted its position in shares of Rollins by 55.9% in the 1st quarter. USS Investment Management Ltd now owns 3,131,337 shares of the business services provider’s stock worth $167,260,000 after purchasing an additional 1,123,237 shares during the last quarter. Finally, Bessemer Group Inc. boosted its position in shares of Rollins by 73.3% in the 1st quarter. Bessemer Group Inc. now owns 1,879,120 shares of the business services provider’s stock worth $100,365,000 after purchasing an additional 794,722 shares during the last quarter. Institutional investors own 51.79% of the company’s stock.

Rollins Stock Down 2.3%

NYSE:ROL opened at $36.39 on Wednesday. Rollins, Inc. has a 1 year low of $35.83 and a 1 year high of $66.14. The stock has a 50-day moving average price of $40.85 and a two-hundred day moving average price of $49.85. The stock has a market cap of $17.51 billion, a price-to-earnings ratio of 33.08, a PEG ratio of 4.07 and a beta of 0.75. The company has a current ratio of 0.63, a quick ratio of 0.58 and a debt-to-equity ratio of 0.34.

Rollins (NYSE:ROL) last released its quarterly 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). Rollins had a return on equity of 38.81% and a net margin of 13.55%.The business had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same period in the prior year, the business earned $0.30 EPS. The company’s revenue for the quarter was up 7.9% compared to the same quarter last year. As a group, equities analysts expect that Rollins, Inc. will post 1.19 earnings per share for the current year.

Rollins Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 10th will be paid a dividend of $0.1825 per share. This represents a $0.73 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Monday, August 10th. Rollins’s dividend payout ratio is presently 66.36%.

Wall Street Analyst Weigh In

ROL has been the subject of a number of recent analyst reports. BNP Paribas Exane dropped their price objective on Rollins from $63.00 to $44.00 and set a “hold” rating for the company in a report on Friday, July 24th. Morgan Stanley reduced their target price on Rollins from $70.00 to $65.00 and set an “overweight” rating on the stock in a report on Wednesday, July 8th. Barclays set a $45.00 price target on shares of Rollins and gave the company an “overweight” rating in a research report on Friday, July 24th. Piper Sandler reduced their price objective on shares of Rollins from $72.00 to $46.00 and set an “overweight” rating on the stock in a research note on Friday, July 24th. Finally, Citigroup began coverage on shares of Rollins in a research note on Wednesday, July 15th. They set a “neutral” rating and a $46.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $48.71.

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.