Lor Inc, 10% owner, buys $49.9 million of Rollins Inc. stock
LOR INC, a 10% shareholder of Rollins Inc., acquired 1.44 million shares of the company's stock on October 29, 2026. The purchase totaled approximately $49.96 million, with shares bought at an average price of $34.59 each. The deal comes as the stock price has rebounded from a 34% drop over the past six months, now trading at $36.03. InvestingPro's Fair Value analysis suggests the stock is undervalued, and the company continues its 56-year streak of dividend payments.
LOR INC now directly owns 146.7 million shares of Rollins Inc., while other entities hold 3.95 million, 745,000, and 2.24 million shares in indirect investments. LOR INC does not claim beneficial ownership of the indirectly held shares, except for its direct financial interest.
Rollins Inc. reported third-quarter 2026 adjusted earnings of $0.34 per share on $1.09 billion in revenue, slightly below Wall Street expectations. The decline was attributed to AI-driven search changes affecting residential customer acquisition. However, revenue increased by 6.2% year-over-year, though organic growth slowed to 4.4%, prompting Rollins to lower its full-year organic growth outlook to 4-6% from 6%.
Canaccord lowered its price target for Rollins to $33 from $36, retaining a Hold rating, while UBS maintained a Neutral rating with a $36 target, citing growth concerns. UBS noted that the company's organic growth of 4.4% fell short of Wall Street's 5.7% estimate.
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