Rollins (NYSE:ROL) Insider Thomas Tesh Sells 887 Shares

Rollins, Inc. (NYSE:ROL) insider Thomas Tesh sold 887 shares of the business’s stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of $63.26, for a total transaction of $56,111.62. Following the completion of the sale, the insider directly owned 28,344 shares in the company, valued at approximately $1,793,041.44. This trade represents a 3.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Rollins Stock Performance

Shares of ROL stock opened at $62.85 on Thursday. The firm’s 50 day moving average is $60.89 and its 200 day moving average is $58.48. The stock has a market capitalization of $30.46 billion, a P/E ratio of 58.73 and a beta of 0.79. Rollins, Inc. has a 12 month low of $48.70 and a 12 month high of $63.84. The company has a current ratio of 0.77, a quick ratio of 0.71 and a debt-to-equity ratio of 0.32.

Rollins (NYSE:ROL) last issued its earnings results on Wednesday, October 29th. The business services provider reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.03. The business had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $1.02 billion. Rollins had a net margin of 14.02% and a return on equity of 37.60%. The business’s revenue for the quarter was up 12.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.29 EPS. On average, sell-side analysts anticipate that Rollins, Inc. will post 1.09 earnings per share for the current year.

Rollins Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Wednesday, February 25th will be paid a dividend of $0.1825 per share. This represents a $0.73 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Wednesday, February 25th. Rollins’s payout ratio is presently 68.22%.

Key Stories Impacting Rollins

Here are the key news stories impacting Rollins this week:

• Positive Sentiment: Recent operating results and fundamentals: Rollins reported an October quarter beat (EPS $0.35 vs. $0.32 consensus) with revenue up ~12% year?over?year and strong ROE (~37.6%). The company has low leverage (debt/equity ~0.32) which supports earnings durability. MarketBeat ROL Profile
• Neutral Sentiment: Non?corporate media items referencing the name “Rollins” (WWE wrestler Seth Rollins) appeared in feeds but are unrelated to Rollins, Inc.’s business or outlook; they are unlikely to move ROL fundamentals. Example links: MSN: Seth Rollins article
• Negative Sentiment: Insider selling by multiple senior insiders and founders: several Form 4 filings show significant share sales on Jan 26 by Gary W. Rollins (19,094 shares, ~$1.21M), John F. Wilson (7,538 shares, ~$476.9K), CEO Jerry Jr. Gahlhoff (4,510 shares, ~$285.3K), Elizabeth B. Chandler (2,151 shares, ~$136.1K) and Thomas D. Tesh (887 shares, ~$56.1K). Collectively these sales can add short?term supply and signal liquidity needs or portfolio rebalancing rather than a change in company fundamentals; nonetheless, the market often reads clustered senior?level sales as a near?term negative. SEC filings: Gary Rollins SEC John Wilson SEC Gahlhoff SEC Chandler SEC Tesh SEC

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on ROL shares. Royal Bank Of Canada reiterated an “outperform” rating and set a $70.00 price target on shares of Rollins in a research report on Tuesday, December 23rd. Jefferies Financial Group set a $66.00 price objective on shares of Rollins and gave the company a “buy” rating in a research note on Monday, November 3rd. Canaccord Genuity Group set a $55.00 target price on shares of Rollins and gave the stock a “hold” rating in a research note on Friday, October 31st. Weiss Ratings reissued a “buy (b)” rating on shares of Rollins in a report on Monday, December 29th. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of Rollins in a research report on Tuesday, December 2nd. Eleven equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $67.67.

Institutional Investors Weigh In On Rollins

Hedge funds have recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd purchased a new position in Rollins in the 2nd quarter worth approximately $30,000. Board of the Pension Protection Fund bought a new position in Rollins in the fourth quarter valued at $30,000. Root Financial Partners LLC purchased a new stake in Rollins during the third quarter valued at about $31,000. TD Waterhouse Canada Inc. lifted its stake in Rollins by 58.4% during the second quarter. TD Waterhouse Canada Inc. now owns 730 shares of the business services provider’s stock worth $41,000 after purchasing an additional 269 shares during the last quarter. Finally, CYBER HORNET ETFs LLC purchased a new position in shares of Rollins in the 2nd quarter worth about $42,000. 51.79% of the stock is currently owned by institutional investors.

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.