RLI (NYSE:RLI) CEO Buys $287,250.00 in Stock

RLI Corp. (NYSE:RLI) CEO Craig Kliethermes acquired 5,000 shares of the company’s stock in a transaction on Friday, January 23rd. The stock was bought at an average price of $57.45 per share, for a total transaction of $287,250.00. Following the purchase, the chief executive officer owned 143,990 shares in the company, valued at approximately $8,272,225.50. This trade represents a 3.60% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

RLI Stock Performance

RLI traded down $0.28 on Friday, hitting $56.97. The company had a trading volume of 1,144,811 shares, compared to its average volume of 843,659. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.35 and a quick ratio of 0.35. The company’s fifty day moving average price is $62.74 and its 200 day moving average price is $64.53. The stock has a market cap of $5.23 billion, a price-to-earnings ratio of 13.07 and a beta of 0.54. RLI Corp. has a 1-year low of $55.80 and a 1-year high of $81.79.

RLI (NYSE:RLI) last announced its quarterly earnings data on Wednesday, January 21st. The insurance provider reported $0.94 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.18. RLI had a return on equity of 18.78% and a net margin of 21.43%.The company had revenue of $465.69 million during the quarter, compared to the consensus estimate of $447.53 million. During the same quarter last year, the company earned $0.41 EPS. Equities analysts predict that RLI Corp. will post 3.08 earnings per share for the current fiscal year.

RLI Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Friday, November 28th were issued a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Friday, November 28th. RLI’s payout ratio is currently 16.80%.

Hedge Funds Weigh In On RLI

A number of hedge funds have recently added to or reduced their stakes in the stock. Wealth Enhancement Advisory Services LLC acquired a new position in shares of RLI during the second quarter worth $221,000. Equitable Trust Co. raised its position in RLI by 60.0% during the 2nd quarter. Equitable Trust Co. now owns 13,013 shares of the insurance provider’s stock worth $940,000 after purchasing an additional 4,880 shares during the last quarter. Mutual of America Capital Management LLC lifted its holdings in RLI by 228.4% during the 2nd quarter. Mutual of America Capital Management LLC now owns 140,971 shares of the insurance provider’s stock worth $10,181,000 after buying an additional 98,049 shares during the period. AGF Management Ltd. lifted its holdings in RLI by 12.4% during the 2nd quarter. AGF Management Ltd. now owns 39,948 shares of the insurance provider’s stock worth $2,885,000 after buying an additional 4,419 shares during the period. Finally, MGO One Seven LLC grew its position in shares of RLI by 732.3% in the 2nd quarter. MGO One Seven LLC now owns 42,037 shares of the insurance provider’s stock valued at $3,036,000 after buying an additional 36,986 shares during the last quarter. Institutional investors own 77.89% of the company’s stock.

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

Wall Street Analysts Forecast Growth

RLI has been the topic of several analyst reports. Keefe, Bruyette & Woods cut their price objective on shares of RLI from $85.00 to $81.00 and set an “outperform” rating on the stock in a report on Tuesday, January 6th. Citizens Jmp restated a “market perform” rating on shares of RLI in a research report on Friday. Jefferies Financial Group upgraded shares of RLI from an “underperform” rating to a “hold” rating and set a $52.00 price target for the company in a report on Friday. Truist Financial set a $58.00 price target on RLI in a research report on Friday. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of RLI in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $67.67.

About RLI

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.