Rollins, Inc., a pest control leader, experienced mixed financial movement with various investment firms altering their stakes in NYSE:ROL. Significant transactions include Algert Global LLC's $3.04 million investment, Qsemble Capital Management LP buying fresh holdings, and a sale of 25,535 shares by Blueshift Asset Management LLC. Further, a considerable share of 100,877 was acquired by Westfield Capital Management Co. LP. Despite underperforming compared to competitors on certain days,
Rollins still outperforms on robust trading days, garnering attention from investors. The company reported
Q3 2024 earnings, which however, lagged behind estimates. In addition, plans for several presentations at upcoming investor conferences have been announced. The company also noted a
10% increase in the regular quarterly cash dividend, signaling financial health. However,
rising costs and slowing demand contributed to a profit miss in the third quarter, impacting the stock performance negatively.
Insider trading activity was observed, with Timothy Curtis Rollins selling $735,766 in stock and Kenneth Krause selling 3,331 shares. Despite these, the company's dividends have increased compared to the previous year, offering investors a larger payback.
Rollins ROL News Analytics from Thu, 15 Feb 2024 08:00:00 GMT to Sat, 30 Nov 2024 09:49:31 GMT -
Rating 5
- Innovation 2
- Information 8
- Rumor -6
