Wasatch Advisors LP Raises Holdings in RLI Corp. $RLI

Posted by Geri Gentry on Jun 27th, 2026

Wasatch Advisors LP grew its stake in shares of RLI Corp. (NYSE:RLI – Free Report) by 33.1% during the 1st quarter, HoldingsChannel.com reports. The fund owned 2,579,955 shares of the insurance provider’s stock after purchasing an additional 641,769 shares during the quarter. Wasatch Advisors LP’s holdings in RLI were worth $147,161,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Farther Finance Advisors LLC boosted its stake in RLI by 94.4% in the 4th quarter. Farther Finance Advisors LLC now owns 414 shares of the insurance provider’s stock worth $26,000 after purchasing an additional 201 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in RLI by 156.4% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 464 shares of the insurance provider’s stock valued at $30,000 after purchasing an additional 283 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its holdings in shares of RLI by 72.1% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 618 shares of the insurance provider’s stock worth $40,000 after buying an additional 259 shares during the last quarter. Eagle Bay Advisors LLC purchased a new position in shares of RLI in the fourth quarter worth $43,000. Finally, IFP Advisors Inc lifted its stake in shares of RLI by 85.9% during the fourth quarter. IFP Advisors Inc now owns 684 shares of the insurance provider’s stock worth $44,000 after buying an additional 316 shares during the period. 77.89% of the stock is owned by hedge funds and other institutional investors.

RLI Stock Performance

NYSE:RLI opened at $57.39 on Friday. RLI Corp. has a one year low of $47.26 and a one year high of $72.47. The firm has a market cap of $5.28 billion, a price-to-earnings ratio of 13.41 and a beta of 0.41. The firm’s fifty day moving average is $52.66 and its two-hundred day moving average is $57.93.

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

RLI Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Friday, May 29th were paid a $0.18 dividend. The ex-dividend date was Friday, May 29th. This is a positive change from RLI’s previous quarterly dividend of $0.16. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.3%. RLI’s dividend payout ratio (DPR) is currently 16.82%.

Insider Buying and Selling

In related news, Director Clark C. Kellogg purchased 3,000 shares of the firm’s stock in a transaction on Monday, June 1st. The stock was bought at an average cost of $50.90 per share, with a total value of $152,700.00. Following the completion of the acquisition, the director owned 4,502 shares of the company’s stock, valued at $229,151.80. The trade was a 199.73% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Craig W. Kliethermes purchased 2,000 shares of the firm’s stock in a transaction on Wednesday, May 27th. The stock was bought at an average cost of $52.00 per share, with a total value of $104,000.00. Following the completion of the acquisition, the chief executive officer directly owned 150,990 shares of the company’s stock, valued at $7,851,480. This trade represents a 1.34% increase in their position. The SEC filing for this purchase provides additional information. Insiders bought 16,500 shares of company stock valued at $858,955 in the last three months. 2.39% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on RLI shares. Wells Fargo & Company dropped their price objective on shares of RLI from $59.00 to $55.00 and set an “equal weight” rating on the stock in a report on Thursday, April 9th. Zacks Research upgraded RLI from a “strong sell” rating to a “hold” rating in a research note on Thursday, April 2nd. Wall Street Zen cut RLI from a “hold” rating to a “sell” rating in a research report on Saturday, May 2nd. Finally, Weiss Ratings cut RLI from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, RLI has a consensus rating of “Hold” and an average target price of $61.50.

Get Our Latest Report on RLI

RLI Profile

(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.