Wealth Enhancement Advisory Services LLC Raises Stake in Selective Insurance Group, Inc. $SIGI

Wealth Enhancement Advisory Services LLC increased its stake in Selective Insurance Group, Inc. (NASDAQ:SIGI) by 68.8% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,707 shares of the insurance provider’s stock after purchasing an additional 6,810 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Selective Insurance Group were worth $1,407,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Amundi grew its position in Selective Insurance Group by 398.7% during the first quarter. Amundi now owns 389 shares of the insurance provider’s stock worth $36,000 after buying an additional 311 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Selective Insurance Group by 5.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 213,627 shares of the insurance provider’s stock worth $19,555,000 after acquiring an additional 11,167 shares in the last quarter. Focus Partners Wealth boosted its stake in shares of Selective Insurance Group by 17.9% during the 1st quarter. Focus Partners Wealth now owns 2,705 shares of the insurance provider’s stock worth $248,000 after acquiring an additional 411 shares in the last quarter. Sivia Capital Partners LLC acquired a new stake in shares of Selective Insurance Group in the 2nd quarter worth approximately $468,000. Finally, Signaturefd LLC increased its stake in Selective Insurance Group by 45.5% in the 2nd quarter. Signaturefd LLC now owns 979 shares of the insurance provider’s stock valued at $85,000 after purchasing an additional 306 shares in the last quarter. Institutional investors and hedge funds own 82.88% of the company’s stock.

Wall Street Analysts Forecast Growth

SIGI has been the topic of several research reports. Royal Bank Of Canada assumed coverage on Selective Insurance Group in a report on Monday, November 24th. They issued an “outperform” rating and a $95.00 target price on the stock. BMO Capital Markets lowered shares of Selective Insurance Group from an “outperform” rating to a “market perform” rating and set a $81.00 price objective on the stock. in a research report on Tuesday, October 28th. Weiss Ratings restated a “hold (c-)” rating on shares of Selective Insurance Group in a report on Wednesday, October 8th. Keefe, Bruyette & Woods cut their target price on shares of Selective Insurance Group from $82.00 to $81.00 and set a “market perform” rating for the company in a research report on Tuesday, January 6th. Finally, Piper Sandler increased their price target on shares of Selective Insurance Group from $76.00 to $79.00 and gave the company a “neutral” rating in a research report on Monday, December 22nd. One analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Selective Insurance Group presently has an average rating of “Hold” and an average price target of $81.60.

Selective Insurance Group Stock Performance

Shares of SIGI stock opened at $84.08 on Friday. The company has a market capitalization of $5.08 billion, a price-to-earnings ratio of 11.23 and a beta of 0.24. The company has a current ratio of 0.32, a quick ratio of 0.32 and a debt-to-equity ratio of 0.27. The firm has a 50-day moving average price of $82.03 and a 200 day moving average price of $80.41. Selective Insurance Group, Inc. has a twelve month low of $71.75 and a twelve month high of $93.38.

Selective Insurance Group (NASDAQ:SIGI) last issued its quarterly earnings results on Thursday, January 29th. The insurance provider reported $2.57 EPS for the quarter, topping analysts’ consensus estimates of $2.24 by $0.33. The business had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.36 billion. Selective Insurance Group had a net margin of 8.74% and a return on equity of 14.49%. The company’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.62 earnings per share. Research analysts forecast that Selective Insurance Group, Inc. will post 7.62 earnings per share for the current fiscal year.

Selective Insurance Group Dividend Announcement

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

Selective Insurance Group News Summary

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

Selective Insurance Group 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.