BlackRock Lifts Rentokil Initial Stake to 11% of Voting Rights

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2026.01.16 17:57
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BlackRock Inc. has increased its stake in Rentokil Initial plc to 11% of voting rights, up from 10.02%, as reported in a January 2026 Form 6-K. This move highlights the interest of institutional investors in Rentokil and enhances BlackRock's influence among shareholders. The latest analyst rating for Rentokil (RTO) is a Hold with a price target of $33.00. Spark's AI Analyst rates RTO as Neutral, noting strong financial performance but cautioning about high valuation and rising debt levels. Rentokil Initial is a UK-based global services group specializing in pest control and hygiene services.