Mutual of America Capital Management LLC Trims Stock Position in Selective Insurance Group, Inc. $SIGI

Mutual of America Capital Management LLC reduced its position in Selective Insurance Group, Inc. (NASDAQ:SIGI) by 72.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 44,078 shares of the insurance provider’s stock after selling 114,694 shares during the period. Mutual of America Capital Management LLC owned about 0.07% of Selective Insurance Group worth $3,573,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SIGI. First Horizon Corp purchased a new position in shares of Selective Insurance Group during the 3rd quarter valued at approximately $29,000. Amundi lifted its holdings in Selective Insurance Group by 398.7% during the first quarter. Amundi now owns 389 shares of the insurance provider’s stock valued at $36,000 after purchasing an additional 311 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in shares of Selective Insurance Group by 415.9% in the second quarter. EverSource Wealth Advisors LLC now owns 846 shares of the insurance provider’s stock valued at $73,000 after purchasing an additional 682 shares during the period. Versant Capital Management Inc increased its stake in shares of Selective Insurance Group by 362.1% during the third quarter. Versant Capital Management Inc now owns 901 shares of the insurance provider’s stock worth $73,000 after purchasing an additional 706 shares in the last quarter. Finally, Signaturefd LLC raised its position in shares of Selective Insurance Group by 45.5% during the 2nd quarter. Signaturefd LLC now owns 979 shares of the insurance provider’s stock worth $85,000 after purchasing an additional 306 shares during the last quarter. Institutional investors and hedge funds own 82.88% of the company’s stock.

Selective Insurance Group Stock Performance

SIGI opened at $84.08 on Friday. The firm has a market cap of $5.08 billion, a price-to-earnings ratio of 11.23 and a beta of 0.24. Selective Insurance Group, Inc. has a 52 week low of $71.75 and a 52 week high of $93.38. The business’s 50 day moving average is $82.03 and its two-hundred day moving average is $80.45. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 0.27.

Selective Insurance Group (NASDAQ:SIGI) last announced its earnings results on Thursday, January 29th. The insurance provider reported $2.57 earnings per share for the quarter, topping 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 14.49%. The business had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.36 billion. During the same quarter in the prior year, the firm earned $1.62 earnings per share. The business’s quarterly revenue was up 8.6% compared to the same quarter last year. On average, research analysts predict that Selective Insurance Group, Inc. will post 7.62 EPS for the current year.

Selective Insurance Group Dividend Announcement

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

Trending Headlines about Selective Insurance Group

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

• Positive Sentiment: Q4 earnings beat consensus — SIGI reported $2.57 EPS vs. $2.24 expected and revenue roughly in line at $1.36B; EPS rose sharply year-over-year, supporting earnings upside expectations. Zacks: SIGI Beats Q4 Estimates
• Positive Sentiment: Underwriting and operations showed strength — operating income up ~59%, record net premiums written for 2025, improved combined ratio and higher investment income, which together point to better core profitability. Zacks: Solid Underwriting
• Positive Sentiment: Dividend declared — board approved a quarterly dividend of $0.43 per share (ex-dividend Feb 13; pay date Mar 2), signaling confidence in cash flow and capital position and supporting income-focused holders.
• Neutral Sentiment: Corporate governance bylaw update — the board announced updates to the company’s bylaws on Jan 29; details could matter to governance-focused investors but appear procedural for now. TipRanks: Governance Update
• Neutral Sentiment: Earnings call transcript and coverage available — management commentary (transcript) and multiple write-ups provide color on reserve development, pricing, and capital deployment; useful for investors parsing sustainability of the beat. Seeking Alpha: Q4 2025 Call Transcript

Analyst Upgrades and Downgrades

SIGI has been the topic of a number of research analyst reports. Royal Bank Of Canada started coverage on Selective Insurance Group in a research note on Monday, November 24th. They issued an “outperform” rating and a $95.00 price target on the stock. Morgan Stanley raised their price target on shares of Selective Insurance Group from $70.00 to $72.00 and gave the stock an “underweight” rating in a report on Monday, November 17th. Weiss Ratings restated a “hold (c-)” rating on shares of Selective Insurance Group in a report on Wednesday, October 8th. Zacks Research upgraded Selective Insurance Group from a “strong sell” rating to a “hold” rating in a research note on Friday, October 3rd. Finally, Piper Sandler lifted their price objective on shares of Selective Insurance Group from $76.00 to $79.00 and gave the company a “neutral” rating in a report on Monday, December 22nd. One research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $81.60.

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.