RLI (NYSE:RLI) COO Acquires $115,980.00 in Stock

RLI Corp. (NYSE:RLI) COO Jennifer Klobnak acquired 2,000 shares of the stock in a transaction that occurred on Friday, January 23rd. The shares were bought at an average price 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. This represents a 2.03% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

RLI Stock Performance

Shares of RLI stock opened at $56.97 on Monday. RLI Corp. has a fifty-two week low of $55.80 and a fifty-two week high of $81.79. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.32 and a quick ratio of 0.35. The firm has a market capitalization of $5.23 billion, a P/E ratio of 13.07 and a beta of 0.54. The company’s 50 day moving average price is $62.61 and its two-hundred day moving average price is $64.34.

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

RLI Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Friday, November 28th were issued a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Friday, November 28th. RLI’s dividend payout ratio is presently 14.68%.

Institutional Investors Weigh In On RLI

Large investors have recently modified their holdings of the company. Quent Capital LLC bought a new position in RLI during the third quarter worth $26,000. Farther Finance Advisors LLC grew its holdings in RLI by 94.4% during the 4th quarter. Farther Finance Advisors LLC now owns 414 shares of the insurance provider’s stock worth $26,000 after acquiring an additional 201 shares during the period. Caitong International Asset Management Co. Ltd raised its position in shares of RLI by 7,300.0% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 370 shares of the insurance provider’s stock worth $27,000 after acquiring an additional 365 shares in the last quarter. Clarity Asset Management Inc. acquired a new position in shares of RLI in the 2nd quarter valued at about $28,000. Finally, Chung Wu Investment Group LLC bought a new stake in shares of RLI during the 2nd quarter valued at about $29,000. 77.89% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently issued reports on RLI shares. Wells Fargo & Company set a $59.00 price objective on RLI and gave the company an “equal weight” rating in a research note on Friday. Keefe, Bruyette & Woods decreased their price target on shares of RLI from $85.00 to $81.00 and set an “outperform” rating for the company in a research report on Tuesday, January 6th. Citizens Jmp reaffirmed a “market perform” rating on shares of RLI in a research note on Friday. Weiss Ratings reissued a “hold (c)” rating on shares of RLI in a research note on Wednesday, October 8th. Finally, Jefferies Financial Group upgraded RLI from an “underperform” rating to a “hold” rating and set a $52.00 price objective for the company in a report on Friday. One investment analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $65.20.

Key Stories Impacting 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

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.