RLI (NYSE:RLI) COO Jennifer Klobnak Acquires 2,000 Shares of Stock

RLI Corp. (NYSE:RLI) COO Jennifer Klobnak acquired 2,000 shares of the firm’s stock in a transaction on Friday, January 23rd. The stock was purchased at an average cost of $57.99 per share, with a total value of $115,980.00. Following the completion of the transaction, the chief operating officer owned 100,318 shares in the company, valued at $5,817,440.82. The trade was a 2.03% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link.

RLI Stock Down 0.5%

Shares of NYSE RLI opened at $56.97 on Friday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.35 and a current ratio of 0.32. RLI Corp. has a 1 year low of $55.80 and a 1 year high of $81.79. The stock’s 50-day simple moving average is $62.61 and its 200-day simple moving average is $64.44. The firm has a market cap of $5.23 billion, a price-to-earnings ratio of 13.07 and a beta of 0.54.

RLI (NYSE:RLI) last issued its quarterly earnings results on Wednesday, January 21st. The insurance provider reported $0.94 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.18. RLI had a return on equity of 18.67% and a net margin of 21.43%.The firm had revenue of $465.69 million during the quarter, compared to the consensus estimate of $447.53 million. During the same quarter in the prior year, the business posted $0.41 earnings per share. As a group, equities analysts anticipate that RLI Corp. will post 3.08 earnings per share for the current fiscal year.

RLI Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Friday, November 28th were given a dividend of $0.16 per share. The ex-dividend date of this dividend was Friday, November 28th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.1%. RLI’s dividend payout ratio (DPR) is presently 14.68%.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Jefferies Financial Group upgraded shares of RLI from an “underperform” rating to a “hold” rating and set a $52.00 price objective on the stock in a research note on Friday. Citizens Jmp restated a “market perform” rating on shares of RLI in a research note on Friday. Keefe, Bruyette & Woods decreased their price target on RLI from $85.00 to $81.00 and set an “outperform” rating for the company in a research note on Tuesday, January 6th. Truist Financial set a $58.00 price objective on RLI in a report on Friday. Finally, Wells Fargo & Company set a $59.00 target price on RLI and gave the stock an “equal weight” rating in a report on Friday. One research analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $65.20.

Trending Headlines about RLI

Here are the key news stories impacting RLI this week:

• Positive Sentiment: RLI reported Q4 results that beat estimates (EPS $0.94 vs. ~$0.76 consensus) and topped revenue expectations; management cited solid investment income and expense control, supporting near-term earnings. Earnings Press Release / Transcript
• Positive Sentiment: Underwriting results were strong: underwriting income rose to about $71M for Q4 and the combined ratio was in the low-80s (~82.6–83%), indicating profitable core insurance operations that can support underwriting margins. Underwriting Income Article
• Positive Sentiment: RLI trimmed its catastrophe reinsurance purchases by $150M at the January renewal — management is taking advantage of cheaper reinsurance pricing to lower reinsurance expense and retain more premium, which could boost margins if managed carefully. Reinsurance Renewal Article
• Positive Sentiment: Management highlights disciplined underwriting and substantial book-value growth (~33%), signaling capital strength and a focus on profitable growth rather than top-line share grabbing in a competitive market. Business Strategy / Book Value Article
• Positive Sentiment: Jefferies moved RLI from Underperform to Hold on valuation grounds — a modestly supportive analyst action that reduces near-term downside from that firm’s prior view. Jefferies Upgrade
• Neutral Sentiment: Citizens JMP reaffirmed a market‑perform / MP rating — neutral wording from another shop keeps analyst consensus cautious. Analyst Reaffirmation
• Neutral Sentiment: Full earnings-call transcript is available for detail on reserves, reinsurance strategy and segment performance for investors who want to dig into management commentary. Earnings Call Transcript
• Negative Sentiment: Some analysts (William Blair noted via TipRanks) keep a Hold stance, pointing to slowing premium growth and rising loss costs — key headwinds that could dent future underwriting leverage and justify a cautious view. Analyst Note on Growth & Loss Trends

Institutional Investors Weigh In On RLI

A number of institutional investors have recently modified their holdings of RLI. Vanguard Group Inc. lifted its holdings in RLI by 1.6% in the third quarter. Vanguard Group Inc. now owns 9,138,072 shares of the insurance provider’s stock worth $595,985,000 after acquiring an additional 148,019 shares during the last quarter. State Street Corp raised its position in shares of RLI by 3.3% during the 3rd quarter. State Street Corp now owns 8,750,315 shares of the insurance provider’s stock worth $570,696,000 after purchasing an additional 279,983 shares during the period. Maren Capital LLC lifted its holdings in shares of RLI by 2.8% in the 2nd quarter. Maren Capital LLC now owns 1,595,038 shares of the insurance provider’s stock worth $115,194,000 after purchasing an additional 42,985 shares during the last quarter. JPMorgan Chase & Co. boosted its position in RLI by 15.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,422,596 shares of the insurance provider’s stock valued at $92,782,000 after purchasing an additional 191,020 shares during the period. Finally, Van Berkom & Associates Inc. boosted its position in RLI by 14.6% during the 3rd quarter. Van Berkom & Associates Inc. now owns 1,229,649 shares of the insurance provider’s stock valued at $80,198,000 after purchasing an additional 156,241 shares during the period. Institutional investors own 77.89% of the company’s stock.

RLI Company Profile

RLI Corporation (NYSE:RLI) is a specialty property and casualty insurance company focused on underwriting niche risks for businesses and individuals. Headquartered in Peoria, Illinois, the company operates through a network of independent agents and brokers, offering customized coverage solutions. RLI’s approach emphasizes disciplined underwriting, targeted product development and strong customer service to maintain profitability and long-term growth.

Founded in 1965 as Replacement Lens, Inc, RLI initially provided insurance for contact lens manufacturers before shifting its focus to specialty insurance in the 1980s.