Key Points
- Chairman John Wilson sold 1,520 shares on Dec. 15 at an average price of $59.40 for $90,288, a 0.25% reduction that leaves him with 607,587 shares (SEC filing disclosed).
- Rollins raised its quarterly dividend to $0.1825 (up from $0.17), implying a $0.73 annualized payout and a ~1.2% yield with a 68.2% payout ratio.
- Fundamentals and sentiment remain positive: the most recent quarter beat EPS and revenue estimates (EPS $0.35 vs $0.32; revenue $1.03B, +12% YoY), and analysts average a "Moderate Buy" rating with a $66.92 price target.
Rollins, Inc. (NYSE:ROL - Get Free Report) Chairman John Wilson sold 1,520 shares of the firm's stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $59.40, for a total transaction of $90,288.00. Following the transaction, the chairman owned 607,587 shares of the company's stock, valued at approximately $36,090,667.80. This represents a 0.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Rollins Trading Up 1.3%
ROL stock opened at $60.20 on Friday. Rollins, Inc. has a 1-year low of $45.77 and a 1-year high of $61.84. 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 business's 50 day moving average is $59.78 and its 200-day moving average is $57.85. The firm has a market cap of $29.17 billion, a P/E ratio of 56.26 and a beta of 0.79.
Rollins (NYSE:ROL - Get Free Report) last announced its quarterly earnings results on Wednesday, October 29th. The business services provider reported $0.35 EPS for the quarter, beating the consensus estimate of $0.32 by $0.03. Rollins had a return on equity of 37.60% and a net margin of 14.02%.The business had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.02 billion. During the same quarter in the previous year, the firm earned $0.29 EPS. Rollins's quarterly revenue was up 12.0% on a year-over-year basis. Equities analysts anticipate that Rollins, Inc. will post 1.09 earnings per share for the current fiscal year.
Rollins Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Monday, November 10th were paid a $0.1825 dividend. The ex-dividend date was Monday, November 10th. This represents a $0.73 annualized dividend and a dividend yield of 1.2%. This is a boost from Rollins's previous quarterly dividend of $0.17. Rollins's dividend payout ratio is presently 68.22%.
Wall Street Analyst Weigh In
A number of equities research analysts recently issued reports on the stock. Canaccord Genuity Group set a $55.00 target price on shares of Rollins and gave the stock a "hold" rating in a research report on Friday, October 31st. JPMorgan Chase & Co. started coverage on shares of Rollins in a research note on Friday, September 26th. They set an "overweight" rating and a $70.00 price objective on the stock. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of Rollins in a report on Tuesday, December 2nd. Jefferies Financial Group set a $66.00 target price on shares of Rollins and gave the company a "buy" rating in a research note on Monday, November 3rd. Finally, Wells Fargo & Company set a $63.00 price target on Rollins and gave the stock an "overweight" rating in a research report on Tuesday, October 28th. Eleven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $66.92.
View Our Latest Stock Analysis on Rollins
Institutional Investors Weigh In On Rollins
Several hedge funds and other institutional investors have recently added to or reduced their stakes in ROL. J.W. Cole Advisors Inc. lifted its position in shares of Rollins by 16.2% in the second quarter. J.W. Cole Advisors Inc. now owns 128,043 shares of the business services provider's stock worth $7,224,000 after purchasing an additional 17,845 shares in the last quarter. Savant Capital LLC increased its stake in Rollins by 7.2% in the 2nd quarter. Savant Capital LLC now owns 21,419 shares of the business services provider's stock valued at $1,208,000 after buying an additional 1,435 shares during the last quarter. Prudential Financial Inc. increased its stake in Rollins by 11.0% in the 2nd quarter. Prudential Financial Inc. now owns 158,775 shares of the business services provider's stock valued at $8,958,000 after buying an additional 15,699 shares during the last quarter. Marshall Wace LLP lifted its position in Rollins by 78.0% during the 2nd quarter. Marshall Wace LLP now owns 2,282,659 shares of the business services provider's stock worth $128,788,000 after buying an additional 1,000,185 shares in the last quarter. Finally, Baker Avenue Asset Management LP acquired a new position in shares of Rollins during the 2nd quarter worth about $1,924,000. Institutional investors and hedge funds own 51.79% of the company's stock.
Rollins Company Profile
(
Get Free Report)
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.
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