RLI (NYSE:RLI) Director Clark Kellogg Buys 3,000 Shares

Posted by Geri Gentry on Jun 3rd, 2026

RLI Corp. (NYSE:RLI – Get Free Report) Director Clark Kellogg purchased 3,000 shares of the stock in a transaction on Monday, June 1st. The shares were acquired at an average cost of $50.90 per share, with a total value of $152,700.00. Following the transaction, the director directly owned 4,502 shares in the company, valued at $229,151.80. The trade was a 199.73% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website.

RLI Stock Performance

Shares of NYSE:RLI opened at $50.76 on Tuesday. RLI Corp. has a 52-week low of $47.26 and a 52-week high of $77.24. The firm has a market capitalization of $4.67 billion, a P/E ratio of 11.86 and a beta of 0.41. The stock has a 50 day moving average price of $54.40 and a 200-day moving average price of $59.22.

RLI (NYSE:RLI – Get Free Report) last announced its earnings results on Wednesday, April 22nd. The insurance provider reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.10. RLI had a return on equity of 17.72% and a net margin of 20.81%.The firm had revenue of $423.87 million during the quarter, compared to analyst estimates of $564.47 million. During the same quarter in the prior year, the company earned $0.92 EPS. The business’s revenue was up 4.0% compared to the same quarter last year. On average, equities analysts forecast that RLI Corp. will post 2.75 EPS for the current fiscal year.

RLI Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Friday, May 29th will be given a $0.18 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $0.72 annualized dividend and a dividend yield of 1.4%. This is an increase from RLI’s previous quarterly dividend of $0.16. RLI’s dividend payout ratio is currently 16.82%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Zacks Research raised RLI from a “strong sell” rating to a “hold” rating in a research report on Thursday, April 2nd. Weiss Ratings lowered RLI from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, May 22nd. Keefe, Bruyette & Woods raised RLI from a “moderate buy” rating to a “strong-buy” rating in a research report on Tuesday, February 24th. Wall Street Zen lowered RLI from a “hold” rating to a “sell” rating in a research report on Saturday, May 2nd. Finally, Wells Fargo & Company reduced their price objective on RLI from $59.00 to $55.00 and set an “equal weight” rating for the company in a research report on Thursday, April 9th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $61.50.

Check Out Our Latest Report on RLI

Hedge Funds Weigh In On RLI

A number of institutional investors and hedge funds have recently modified their holdings of RLI. Royal Bank of Canada boosted its stake in shares of RLI by 115.1% in the 1st quarter. Royal Bank of Canada now owns 56,386 shares of the insurance provider’s stock worth $4,529,000 after buying an additional 30,170 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of RLI by 110.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 185,504 shares of the insurance provider’s stock worth $14,902,000 after buying an additional 97,501 shares during the last quarter. Empowered Funds LLC boosted its stake in shares of RLI by 472.3% in the 1st quarter. Empowered Funds LLC now owns 29,177 shares of the insurance provider’s stock worth $2,344,000 after buying an additional 24,079 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of RLI by 46.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,559 shares of the insurance provider’s stock worth $113,000 after buying an additional 493 shares during the last quarter. Finally, Amundi boosted its stake in shares of RLI by 16,550.0% in the 2nd quarter. Amundi now owns 23,976 shares of the insurance provider’s stock worth $1,689,000 after buying an additional 23,832 shares during the last quarter. 77.89% of the stock is currently owned by hedge funds and other institutional investors.

RLI Company Profile

(Get Free Report)

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.