RLI Corp. $RLI Stock Sold by Royce & Associates LP

Royce & Associates LP lowered its position in RLI Corp. (NYSE:RLI) by 23.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 873,002 shares of the insurance provider’s stock after selling 261,385 shares during the quarter. Royce & Associates LP owned approximately 0.95% of RLI worth $48,286,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Compass Wealth Management LLC purchased a new stake in shares of RLI during the 3rd quarter worth about $27,000. Farther Finance Advisors LLC lifted its holdings in shares of RLI by 62.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 629 shares of the insurance provider’s stock valued at $35,000 after buying an additional 241 shares during the last quarter. Versant Capital Management Inc grew its stake in shares of RLI by 28.5% in the 2nd quarter. Versant Capital Management Inc now owns 835 shares of the insurance provider’s stock valued at $49,000 after buying an additional 185 shares in the last quarter. Heritage Family Offices LLP bought a new stake in shares of RLI in the 3rd quarter valued at approximately $59,000. Finally, Parallel Advisors LLC grew its stake in shares of RLI by 85.4% in the 3rd quarter. Parallel Advisors LLC now owns 1,537 shares of the insurance provider’s stock valued at $85,000 after buying an additional 708 shares in the last quarter. 77.89% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on RLI. UBS Group set a $74.00 price objective on shares of RLI in a research report on Tuesday, July 28th. Jefferies Financial Group cut shares of RLI from a “hold” rating to an “underperform” rating and set a $53.00 target price for the company. in a research note on Tuesday, August 25th. Weiss Ratings raised shares of RLI from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, August 28th. Wall Street Zen upgraded shares of RLI from a “sell” rating to a “hold” rating in a research note on Saturday, August 1st. Finally, Wells Fargo & Company set a $53.00 price target on shares of RLI and gave the stock an “underweight” rating in a research note on Wednesday, October 21st. One research analyst has rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $62.40.

RLI Stock Up 0.9%

Shares of NYSE:RLI traded up $0.62 on Friday, reaching $69.74. The company had a trading volume of 537,783 shares, compared to its average volume of 938,008. The stock has a market capitalization of $6.40 billion, a P/E ratio of 16.26 and a beta of 0.31. The stock has a 50-day moving average price of $61.49 and a 200 day moving average price of $59.18. RLI Corp. has a twelve month low of $47.26 and a twelve month high of $71.89.

RLI (NYSE:RLI) last issued its quarterly earnings data on Monday, October 19th. The insurance provider reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.32. RLI had a return on equity of 18.19% and a net margin of 20.34%. The business had revenue of $476.96 million for the quarter, compared to analyst estimates of $533.51 million. During the same quarter in the prior year, the firm posted $0.83 EPS. On average, sell-side analysts predict that RLI Corp. will post 3.21 earnings per share for the current fiscal year.

RLI Dividend Announcement

The business also recently announced a special dividend, which will be paid on Monday, December 7th. Shareholders of record on Monday, November 30th will be given a dividend of $3.00 per share. The ex-dividend date of this dividend is Monday, November 30th. This represents a yield of 105.0%. RLI’s dividend payout ratio is presently 16.78%.

More RLI News

These are some of the RLI news items that stood out recently:

• Positive Sentiment: RLI declared a $3.00-per-share special cash dividend, alongside its regular quarterly dividend of $0.18. Both are payable December 7 to shareholders of record November 30. The special payout may support investor interest, though it is one-time and the share price typically adjusts when a stock goes ex-dividend. RLI Declares Special and Regular Cash Dividends
• Positive Sentiment: KBW raised its price target on RLI to $74, a favorable analyst signal that could bolster sentiment. KBW raises RLI price target
• Neutral Sentiment: Zacks Research published commentary on RLI’s FY2026 earnings estimates, including an optimistic estimate, but the available report details do not specify the forecast or its change. Zacks Research Issues Optimistic Estimate for RLI Earnings

RLI Company Profile

RLI Corp. is a specialty insurance company that provides property, casualty and surety coverage through its subsidiaries. Its products serve businesses and individuals whose insurance needs may require specialized underwriting. The company offers commercial liability and property insurance, personal umbrella coverage, and surety bonds, among other products. RLI distributes its policies primarily through independent agents and brokers and serves customers across the United States. Founded in 1965, RLI began by providing replacement-cost coverage for mobile homes before expanding into a broader range of specialty insurance markets.