Rollins Inc., recognized for its pest control solutions, has been a subject of attention for various asset management firms, with Advisors Asset Management, Natixis Advisors, Intech Investment Management, Meeder Asset Management, EULAV Asset Management among others increasing their holdings. This coincides with a 10% increment in the company's regular quarterly cash dividend. Consequently, the stock has outperformed competitors on several trading days, despite the occasional underperformance. Notably, Rollins' Q3 earnings report showed
Revenue beating estimates at $916M but
EPS missing at $0.28, which stirred mixed reactions in the market. The company also experienced insider selling by large owner Rollins Timothy Curtis. Clay Scherer, Ph.D., has been appointed Group Vice President of Technical Services, a move aimed at enhancing the company's technical prowess. With Rollins' Q3 focus on modernization, the company's strategic initiatives aim at further creating value. Meanwhile, Barclays has initiated coverage of Rollins with an equal-weight recommendation. Overall, given these developments, investors and market watchers are keeping a close eye on the Rollins trajectory.
Rollins ROL News Analytics from Fri, 26 Apr 2024 07:00:00 GMT to Sat, 23 Nov 2024 12:38:08 GMT -
Rating 7
- Innovation 3
- Information 8
- Rumor -3
