Handelsbanken Fonder AB Has $2.25 Million Stock Position in RLI Corp. $RLI

Posted by Stanley Muller on Aug 17th, 2026

Handelsbanken Fonder AB lifted its position in RLI Corp. (NYSE:RLI – Free Report) by 37.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 38,060 shares of the insurance provider’s stock after acquiring an additional 10,400 shares during the period. Handelsbanken Fonder AB’s holdings in RLI were worth $2,248,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. GAMMA Investing LLC boosted its stake in RLI by 4.6% in the 2nd quarter. GAMMA Investing LLC now owns 5,534 shares of the insurance provider’s stock worth $327,000 after purchasing an additional 242 shares during the period. Brighton Securities CORP. raised its stake in RLI by 12.2% during the 2nd quarter. Brighton Securities CORP. now owns 4,076 shares of the insurance provider’s stock valued at $241,000 after purchasing an additional 444 shares during the period. Versant Capital Management Inc raised its stake in RLI by 28.5% during the 2nd quarter. Versant Capital Management Inc now owns 835 shares of the insurance provider’s stock valued at $49,000 after purchasing an additional 185 shares during the period. Argent Capital Management LLC lifted its holdings in shares of RLI by 233.6% in the first quarter. Argent Capital Management LLC now owns 374,447 shares of the insurance provider’s stock valued at $21,358,000 after purchasing an additional 262,218 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of RLI by 37.0% in the first quarter. Bank of America Corp DE now owns 282,656 shares of the insurance provider’s stock valued at $16,123,000 after purchasing an additional 76,413 shares in the last quarter. Hedge funds and other institutional investors own 77.89% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on RLI shares. Wall Street Zen upgraded RLI from a “sell” rating to a “hold” rating in a report on Saturday, August 1st. Keefe, Bruyette & Woods reissued an “outperform” rating and issued a $74.00 price objective (up from $70.00) on shares of RLI in a research note on Tuesday, July 28th. Weiss Ratings upgraded RLI from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, July 29th. UBS Group set a $74.00 target price on RLI in a research note on Tuesday, July 28th. Finally, Wells Fargo & Company downgraded RLI from an “equal weight” rating to an “underweight” rating and set a $57.00 target price on the stock. in a report on Wednesday, July 29th. One investment analyst has rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $63.00.

Check Out Our Latest Stock Analysis on RLI

RLI Trading Up 0.1%

NYSE RLI opened at $63.80 on Monday. RLI Corp. has a 1-year low of $47.26 and a 1-year high of $69.19. The company has a market capitalization of $5.86 billion, a PE ratio of 13.40 and a beta of 0.38. The firm’s fifty day simple moving average is $59.42 and its 200-day simple moving average is $57.79.

RLI (NYSE:RLI – Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The insurance provider reported $0.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.11. RLI had a return on equity of 17.61% and a net margin of 22.22%.The firm had revenue of $575.57 million during the quarter, compared to analysts’ expectations of $568.70 million. During the same quarter last year, the firm earned $0.82 earnings per share. The business’s revenue for the quarter was up 15.2% on a year-over-year basis. As a group, analysts predict that RLI Corp. will post 2.88 EPS for the current year.

RLI Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be paid a dividend of $0.18 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.1%. RLI’s dividend payout ratio (DPR) is 15.13%.

Insider Transactions at RLI

In other RLI news, COO Jennifer L. Klobnak bought 2,000 shares of RLI stock in a transaction on Wednesday, May 27th. The stock was purchased at an average cost of $52.72 per share, for a total transaction of $105,440.00. Following the completion of the purchase, the chief operating officer directly owned 104,318 shares of the company’s stock, valued at $5,499,644.96. The trade was a 1.95% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Craig W. Kliethermes bought 2,000 shares of RLI stock in a transaction on Wednesday, May 27th. The stock was acquired at an average price of $52.00 per share, with a total value of $104,000.00. Following the completion of the purchase, the chief executive officer directly owned 150,990 shares of the company’s stock, valued at approximately $7,851,480. The trade was a 1.34% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last 90 days, insiders acquired 16,500 shares of company stock worth $858,955. 2.39% of the stock is owned by corporate insiders.

About RLI

(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.