Representative Lisa C. McClain (R-Michigan) recently sold shares of RLI Corp. (NYSE:RLI). In a filing disclosed on August 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in RLI stock on June 17th. The trade occurred in the Representative’s “CHARLES SCHWAB BROKERAGE ACCOUNT 924” account.
Representative Lisa C. McClain also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Autoliv (NYSE:ALV) on 8/4/2025.
- Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 8/4/2025.
- Sold $1,001 – $15,000 in shares of Applied Materials (NASDAQ:AMAT) on 8/4/2025.
- Sold $1,001 – $15,000 in shares of Arthur J. Gallagher & Co. (NYSE:AJG) on 8/4/2025.
- Sold $1,001 – $15,000 in shares of SAP (NYSE:SAP) on 7/22/2025.
- Purchased $1,001 – $15,000 in shares of XPO (NYSE:XPO) on 7/22/2025.
- Purchased $1,001 – $15,000 in shares of Lithia Motors (NYSE:LAD) on 7/22/2025.
- Sold $1,001 – $15,000 in shares of Sanofi (NASDAQ:SNY) on 7/22/2025.
- Sold $1,001 – $15,000 in shares of Waters (NYSE:WAT) on 7/22/2025.
- Purchased $1,001 – $15,000 in shares of Group 1 Automotive (NYSE:GPI) on 7/22/2025.
RLI Stock Performance
Shares of RLI opened at $67.8540 on Thursday. The business has a fifty day moving average of $69.58 and a 200 day moving average of $73.65. The firm has a market capitalization of $6.23 billion, a P/E ratio of 19.44 and a beta of 0.66. RLI Corp. has a one year low of $65.14 and a one year high of $91.14. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.35 and a quick ratio of 0.35.
RLI Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 19th. Investors of record on Friday, August 29th will be given a dividend of $0.16 per share. The ex-dividend date of this dividend is Friday, August 29th. This represents a $0.64 annualized dividend and a dividend yield of 0.9%. RLI’s dividend payout ratio (DPR) is 18.34%.
Insider Activity
In other news, COO Jennifer L. Klobnak purchased 3,000 shares of the stock in a transaction that occurred on Thursday, July 24th. The stock was purchased at an average price of $69.15 per share, for a total transaction of $207,450.00. Following the completion of the acquisition, the chief operating officer owned 98,450 shares of the company’s stock, valued at approximately $6,807,817.50. This trade represents a 3.14% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 2.16% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research analysts recently commented on the company. Compass Point cut RLI from a “strong-buy” rating to a “hold” rating in a report on Friday, April 25th. Wall Street Zen raised RLI from a “sell” rating to a “hold” rating in a research note on Saturday, July 26th. Finally, JMP Securities reaffirmed a “market perform” rating on shares of RLI in a report on Thursday, April 24th. Two equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, RLI presently has an average rating of “Hold” and an average price target of $78.60.
Check Out Our Latest Analysis on RLI
Hedge Funds Weigh In On RLI
Hedge funds have recently bought and sold shares of the business. Envestnet Asset Management Inc. grew its holdings in shares of RLI by 1.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 101,804 shares of the insurance provider’s stock worth $16,780,000 after purchasing an additional 1,731 shares during the last quarter. Bank of Nova Scotia boosted its position in RLI by 139.5% in the 4th quarter. Bank of Nova Scotia now owns 6,039 shares of the insurance provider’s stock valued at $995,000 after buying an additional 3,518 shares during the period. Raymond James Financial Inc. bought a new position in RLI in the 4th quarter worth about $17,854,000. Sterling Capital Management LLC increased its position in shares of RLI by 54.8% during the fourth quarter. Sterling Capital Management LLC now owns 2,365 shares of the insurance provider’s stock worth $390,000 after acquiring an additional 837 shares during the period. Finally, Townsquare Capital LLC purchased a new position in shares of RLI during the fourth quarter worth approximately $206,000. Institutional investors own 77.89% of the company’s stock.
About Representative McClain
Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.
McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.
Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.
RLI Company Profile
RLI Corp., an insurance holding company, underwrites property and casualty insurance. Its Casualty segment provides commercial and personal coverage products; and general liability products, such as coverage for third-party liability of commercial insureds, including manufacturers, contractors, apartments, and mercantile.
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