33,067 Shares in Selective Insurance Group, Inc. $SIGI Bought by First National Bank of Omaha

First National Bank of Omaha acquired a new stake in shares of Selective Insurance Group, Inc. (NASDAQ:SIGI) in the third quarter, HoldingsChannel reports. The firm acquired 33,067 shares of the insurance provider’s stock, valued at approximately $2,681,000.

Other hedge funds also recently made changes to their positions in the company. AGF Management Ltd. bought a new stake in Selective Insurance Group in the third quarter worth about $3,448,000. Frontier Capital Management Co. LLC purchased a new stake in shares of Selective Insurance Group in the second quarter worth approximately $20,108,000. Arkadios Wealth Advisors purchased a new stake in shares of Selective Insurance Group in the second quarter worth approximately $299,000. Vest Financial LLC bought a new stake in shares of Selective Insurance Group during the 3rd quarter worth approximately $1,480,000. Finally, Norges Bank purchased a new position in Selective Insurance Group during the 2nd quarter valued at $61,437,000. 82.88% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Selective Insurance Group

Here are the key news stories impacting Selective Insurance Group this week:

• Positive Sentiment: Zacks raised several longer‑term and some near‑term forecasts (FY2026 to $7.90, FY2027 to $8.73, Q4 2027 upgraded to $2.73), which supports higher forward EPS expectations and is a tailwind for the stock. Zacks estimate changes
• Positive Sentiment: KalkineMedia ran a piece highlighting SIGI in a Nasdaq‑100/market spotlight (Liquidity Edge mention), which can increase investor visibility and potentially attract interest/flows. Selective Insurance (NASDAQ:SIGI) Liquidity Edge Gains Nasdaq 100 Index Spotlight
• Neutral Sentiment: Analysts’ consensus remains cautious: a recent survey-style piece shows an average recommendation of “Hold,” signaling no near‑term analyst-driven buy conviction. Analyst consensus: Hold
• Negative Sentiment: Zacks also trimmed several specific quarterly estimates (Q1–Q3 2027 and small cuts to Q2 2026/Q2 2027), which introduces near‑term uncertainty about earnings cadence and likely capped upside today. Zacks estimate cuts

Wall Street Analyst Weigh In

A number of analysts have weighed in on SIGI shares. BMO Capital Markets lowered Selective Insurance Group from an “outperform” rating to a “market perform” rating and set a $81.00 target price on the stock. in a research note on Tuesday, October 28th. Piper Sandler raised their price target on shares of Selective Insurance Group from $79.00 to $86.00 and gave the stock a “neutral” rating in a research note on Monday, February 2nd. Royal Bank Of Canada began coverage on shares of Selective Insurance Group in a research report on Monday, November 24th. They issued an “outperform” rating and a $95.00 price objective for the company. Keefe, Bruyette & Woods dropped their target price on shares of Selective Insurance Group from $82.00 to $81.00 and set a “market perform” rating on the stock in a research note on Tuesday, January 6th. Finally, Morgan Stanley lifted their price target on shares of Selective Insurance Group from $70.00 to $72.00 and gave the company an “underweight” rating in a research note on Monday, November 17th. One equities research analyst has rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Selective Insurance Group currently has an average rating of “Hold” and an average target price of $83.00.

Selective Insurance Group Stock Down 1.5%

Shares of Selective Insurance Group stock opened at $85.25 on Thursday. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.32 and a quick ratio of 0.32. The stock has a market cap of $5.12 billion, a price-to-earnings ratio of 11.38 and a beta of 0.23. The firm’s 50-day moving average is $84.45 and its two-hundred day moving average is $80.81. Selective Insurance Group, Inc. has a 1 year low of $71.75 and a 1 year high of $93.38.

Selective Insurance Group (NASDAQ:SIGI) last posted its quarterly earnings results on Thursday, January 29th. The insurance provider reported $2.57 EPS for the quarter, beating the consensus estimate of $2.24 by $0.33. Selective Insurance Group had a net margin of 8.74% and a return on equity of 14.23%. The business had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.36 billion. During the same quarter in the previous year, the business posted $1.62 EPS. The company’s quarterly revenue was up 8.6% compared to the same quarter last year. As a group, research analysts expect that Selective Insurance Group, Inc. will post 7.62 earnings per share for the current fiscal year.

Selective Insurance Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 13th will be issued a $0.43 dividend. The ex-dividend date is Friday, February 13th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.0%. Selective Insurance Group’s dividend payout ratio (DPR) is currently 22.96%.

Selective Insurance Group Company Profile

Selective Insurance Group, Inc is an insurance holding company headquartered in Branchville, New Jersey. The organization traces its roots to a regional provider of property and casualty coverage and became a publicly traded holding company following its initial public offering in 1999. Since its formation, Selective has expanded through strategic acquisitions and organic growth initiatives to broaden its product offerings and strengthen its market position.

The company’s core business encompasses a broad range of property and casualty insurance products designed to serve both commercial and personal lines customers.