12,935 Shares in Safety Insurance Group, Inc. $SAFT Bought by Great Lakes Advisors LLC

Posted by Geri Gentry on Aug 23rd, 2026

Great Lakes Advisors LLC bought a new position in shares of Safety Insurance Group, Inc. (NASDAQ:SAFT – Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 12,935 shares of the insurance provider’s stock, valued at approximately $968,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. XTX Topco Ltd lifted its holdings in shares of Safety Insurance Group by 2.8% in the fourth quarter. XTX Topco Ltd now owns 4,745 shares of the insurance provider’s stock valued at $370,000 after purchasing an additional 127 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Safety Insurance Group by 0.6% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 23,753 shares of the insurance provider’s stock worth $1,851,000 after buying an additional 152 shares during the period. PNC Financial Services Group Inc. grew its holdings in shares of Safety Insurance Group by 62.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 416 shares of the insurance provider’s stock worth $32,000 after buying an additional 160 shares in the last quarter. Allworth Financial LP raised its position in Safety Insurance Group by 74.8% in the 4th quarter. Allworth Financial LP now owns 388 shares of the insurance provider’s stock valued at $30,000 after buying an additional 166 shares during the last quarter. Finally, CANADA LIFE ASSURANCE Co raised its position in Safety Insurance Group by 1.2% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 14,018 shares of the insurance provider’s stock valued at $1,112,000 after buying an additional 169 shares during the last quarter. Institutional investors and hedge funds own 81.04% of the company’s stock.

Insider Activity at Safety Insurance Group

In other news, major shareholder Corp Srb sold 1,240,352 shares of the business’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $103.07, for a total transaction of $127,843,080.64. Following the transaction, the insider directly owned 473,387 shares in the company, valued at $48,791,998.09. The trade was a 72.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Over the last ninety days, insiders have sold 1,316,109 shares of company stock valued at $134,654,987. Company insiders own 2.20% of the company’s stock.

Safety Insurance Group Trading Up 0.0%

NASDAQ SAFT opened at $103.59 on Friday. The company has a market cap of $1.52 billion, a PE ratio of 22.33 and a beta of 0.17. The company has a current ratio of 0.41, a quick ratio of 0.41 and a debt-to-equity ratio of 0.06. Safety Insurance Group, Inc. has a 12 month low of $67.04 and a 12 month high of $103.75. The stock has a 50 day moving average of $86.40 and a 200-day moving average of $78.56.

Safety Insurance Group (NASDAQ:SAFT – Get Free Report) last released its earnings results on Wednesday, August 5th. The insurance provider reported $2.03 earnings per share for the quarter, beating the consensus estimate of $2.00 by $0.03. The business had revenue of $325.68 million during the quarter, compared to analysts’ expectations of $325.68 million. Safety Insurance Group had a net margin of 5.33% and a return on equity of 7.23%. On average, equities research analysts anticipate that Safety Insurance Group, Inc. will post 4.75 EPS for the current fiscal year.

Safety Insurance Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be given a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend is Tuesday, September 1st. Safety Insurance Group’s dividend payout ratio (DPR) is 79.31%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on SAFT shares. Weiss Ratings raised Safety Insurance Group from a “hold (c+)” rating to a “buy (b)” rating in a research report on Tuesday, August 11th. Wall Street Zen upgraded shares of Safety Insurance Group from a “sell” rating to a “hold” rating in a report on Saturday, June 6th. Finally, Zacks Research raised shares of Safety Insurance Group to a “hold” rating in a research report on Wednesday, May 27th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Safety Insurance Group has a consensus rating of “Moderate Buy”.

View Our Latest Analysis on SAFT

Safety Insurance Group Company Profile

(Free Report)

Safety Insurance Group, Inc is a publicly traded property and casualty insurance holding company incorporated in Massachusetts in 1994. Its principal subsidiary, Safety Insurance Company, traces its roots back to 1923 and has since evolved into a regional personal lines insurer. The company is headquartered in Boston, Massachusetts, and trades on the Nasdaq under the symbol SAFT.

Safety Insurance Group focuses primarily on private passenger automobile and homeowners insurance products, along with dwelling fire, umbrella liability, and certain commercial auto coverages.