KLP Kapitalforvaltning AS Buys 65,300 Shares of Rollins, Inc. $ROL

KLP Kapitalforvaltning AS lifted its stake in shares of Rollins, Inc. (NYSE:ROL) by 57.1% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 179,625 shares of the business services provider’s stock after acquiring an additional 65,300 shares during the period. KLP Kapitalforvaltning AS’s holdings in Rollins were worth $10,551,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of ROL. Caitong International Asset Management Co. Ltd acquired a new position in shares of Rollins during the second quarter valued at about $30,000. TD Waterhouse Canada Inc. grew its stake in shares of Rollins by 58.4% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 730 shares of the business services provider’s stock valued at $41,000 after buying an additional 269 shares during the period. CYBER HORNET ETFs LLC bought a new stake in Rollins in the 2nd quarter valued at about $42,000. TruNorth Capital Management LLC acquired a new position in Rollins during the 3rd quarter worth approximately $45,000. Finally, Geneos Wealth Management Inc. boosted its holdings in Rollins by 75.8% in the first quarter. Geneos Wealth Management Inc. now owns 870 shares of the business services provider’s stock worth $47,000 after acquiring an additional 375 shares in the last quarter. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Rollins

In other Rollins news, Chairman John F. Wilson sold 1,520 shares of Rollins stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $59.40, for a total value of $90,288.00. Following the sale, the chairman owned 607,587 shares of the company’s stock, valued at approximately $36,090,667.80. The trade was a 0.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Thomas D. Tesh sold 2,396 shares of the stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $59.73, for a total transaction of $143,113.08. Following the transaction, the insider directly owned 31,627 shares of the company’s stock, valued at $1,889,080.71. This represents a 7.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 6,311 shares of company stock valued at $371,760 in the last 90 days. 4.47% of the stock is currently owned by corporate insiders.

Rollins Stock Performance

Shares of ROL opened at $60.20 on Friday. The stock has a 50 day moving average of $59.78 and a 200 day moving average of $57.85. The company has a market capitalization of $29.17 billion, a price-to-earnings ratio of 56.26 and a beta of 0.79. Rollins, Inc. has a 12 month low of $45.77 and a 12 month 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.

Rollins (NYSE:ROL) last posted its quarterly earnings data on Wednesday, October 29th. The business services provider reported $0.35 earnings per share for the quarter, topping 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 analysts’ expectations of $1.02 billion. During the same quarter in the previous year, the firm earned $0.29 earnings per share. The business’s revenue was up 12.0% on a year-over-year basis. As a group, sell-side analysts forecast that Rollins, Inc. will post 1.09 earnings per share for the current year.

Rollins Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Monday, November 10th were given a dividend of $0.1825 per share. The ex-dividend date was Monday, November 10th. This is an increase from Rollins’s previous quarterly dividend of $0.17. This represents a $0.73 annualized dividend and a yield of 1.2%. Rollins’s dividend payout ratio (DPR) is currently 68.22%.

Rollins News Summary

Here are the key news stories impacting Rollins this week:

• Positive Sentiment: Zacks highlights Rollins for earnings growth and price strength, calling ROL a “stock to watch” — this type of analyst attention can attract flows from momentum and model-driven investors. Earnings Growth & Price Strength Make Rollins (ROL) a Stock to Watch
• Neutral Sentiment: New U.S. nutrition guidelines announced by HHS/USDA (Robert F. Kennedy Jr. & Brooke Rollins) are generating headlines. Brooke Rollins’ role draws name association but the policy change is unlikely to have a direct operational impact on Rollins, Inc.’s pest‑control business. Investors may note the publicity but material business effects are unclear. RFK Jr. announces new nutrition guidelines, pushing more protein and less processed food
• Neutral Sentiment: USDA political appointments story involving the Rollins name was published; this is political news, not corporate, and should have limited relevance to Rollins, Inc.’s fundamentals. Rollins announces new USDA political appointments
• Neutral Sentiment: Multiple articles about WWE performer Seth Rollins (entertainment coverage) appeared — unrelated to Rollins, Inc.; these items may cause name‑confusion in headlines but not business impact. WWE star Seth Rollins reveals his ‘difficult relationship’ with Unreal on Netflix
• Negative Sentiment: Insider sale — Chairman John F. Wilson sold 1,520 shares at ~$59.40 in mid‑December (filed with the SEC). While the amount is modest relative to his large holdings, insider selling can be perceived negatively by some investors. Insider Form 4 Filing

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on ROL shares. Morgan Stanley upgraded Rollins from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $58.00 to $72.00 in a report on Wednesday, December 17th. Royal Bank Of Canada restated an “outperform” rating and set a $70.00 price target on shares of Rollins in a research note on Tuesday, December 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Rollins in a report on Monday, December 29th. JPMorgan Chase & Co. started coverage on shares of Rollins in a report on Friday, September 26th. They set an “overweight” rating and a $70.00 price objective for the company. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of Rollins in a report on Tuesday, December 2nd. Eleven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $66.92.

Rollins 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.