Ieq Capital LLC Takes Position in Safety Insurance Group, Inc. $SAFT

Posted by Brian Himes on Aug 26th, 2026

Ieq Capital LLC bought a new position in Safety Insurance Group, Inc. (NASDAQ:SAFT – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 21,995 shares of the insurance provider’s stock, valued at approximately $1,647,000. Ieq Capital LLC owned approximately 0.15% of Safety Insurance Group at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Royal Bank of Canada raised its stake in Safety Insurance Group by 9.9% during the first quarter. Royal Bank of Canada now owns 10,148 shares of the insurance provider’s stock worth $801,000 after acquiring an additional 914 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of Safety Insurance Group by 19.7% in the 1st quarter. AQR Capital Management LLC now owns 34,093 shares of the insurance provider’s stock worth $2,689,000 after purchasing an additional 5,619 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Safety Insurance Group by 4.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,734 shares of the insurance provider’s stock worth $689,000 after purchasing an additional 389 shares in the last quarter. Millennium Management LLC lifted its holdings in Safety Insurance Group by 284.9% during the 1st quarter. Millennium Management LLC now owns 85,761 shares of the insurance provider’s stock valued at $6,765,000 after purchasing an additional 63,480 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Safety Insurance Group by 9.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 33,747 shares of the insurance provider’s stock valued at $2,662,000 after purchasing an additional 3,011 shares during the last quarter. Institutional investors and hedge funds own 81.04% of the company’s stock.

Insider Activity

In related news, major shareholder Corp Srb sold 1,240,352 shares of the firm’s stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $103.07, for a total value of $127,843,080.64. Following the transaction, the insider owned 473,387 shares in the company, valued at $48,791,998.09. This trade represents a 72.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold a total of 1,316,109 shares of company stock worth $134,654,987 over the last quarter. Corporate insiders own 2.20% of the company’s stock.

Safety Insurance Group Trading Down 0.1%

SAFT opened at $103.69 on Wednesday. Safety Insurance Group, Inc. has a 1-year low of $67.04 and a 1-year high of $103.76. The stock has a market capitalization of $1.52 billion, a PE ratio of 22.35 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. The firm has a 50-day moving average price of $87.70 and a two-hundred day moving average price of $78.90.

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

Safety Insurance Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.92 per share. The ex-dividend date is Tuesday, September 1st. This represents a $3.68 dividend on an annualized basis and a dividend yield of 3.5%. Safety Insurance Group’s payout ratio is presently 79.31%.

Wall Street Analysts Forecast Growth

SAFT has been the topic of several research analyst reports. Wall Street Zen raised shares of Safety Insurance Group from a “sell” rating to a “hold” rating in a research note on Saturday, June 6th. Weiss Ratings raised Safety Insurance Group from a “hold (c+)” rating to a “buy (b)” rating in a report on Tuesday, August 11th. Finally, Zacks Research raised Safety Insurance Group to a “hold” rating in a report on Wednesday, May 27th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.

View Our Latest Research Report on Safety Insurance Group

Safety Insurance Group 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.