Safety Insurance Group (NASDAQ:SAFT) Reaches New 1-Year High – Here’s What Happened

Posted by Stanley Muller on Oct 19th, 2026

Safety Insurance Group, Inc. (NASDAQ:SAFT – Get Free Report)’s stock price reached a new 52-week high on Monday. The stock traded as high as $104.15 and last traded at $104.0260, with a volume of 57,203 shares trading hands. The stock had previously closed at $104.03.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of Safety Insurance Group from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, September 17th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Safety Insurance Group presently has an average rating of “Moderate Buy”.

View Our Latest Report on Safety Insurance Group

Safety Insurance Group Price Performance

The business’s 50 day moving average is $103.58 and its two-hundred day moving average is $86.31. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.41 and a quick ratio of 0.41. The firm has a market capitalization of $1.53 billion, a PE ratio of 22.28 and a beta of 0.15.

Safety Insurance Group (NASDAQ:SAFT – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The insurance provider reported $2.03 EPS for the quarter, beating the consensus estimate of $2.00 by $0.03. The firm had revenue of $325.68 million for the quarter, compared to analyst estimates of $325.68 million. Safety Insurance Group had a return on equity of 7.23% and a net margin of 5.33%. As a group, research analysts anticipate that Safety Insurance Group, Inc. will post 4.15 EPS for the current year.

Safety Insurance Group Announces Dividend

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

Insiders Place Their Bets

In other news, major shareholder Corp Srb sold 1,240,352 shares of the firm’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $103.07, for a total value of $127,843,080.64. Following the completion of the sale, the insider directly owned 473,387 shares of the company’s stock, valued at approximately $48,791,998.09. This trade represents a 72.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 2.20% of the stock is currently owned by company insiders.

Institutional Trading of Safety Insurance Group

Several hedge funds and other institutional investors have recently made changes to their positions in SAFT. Fortitude Family Office LLC lifted its stake in shares of Safety Insurance Group by 3,385.7% in the third quarter. Fortitude Family Office LLC now owns 1,220 shares of the insurance provider’s stock worth $126,000 after buying an additional 1,185 shares in the last quarter. Sound Income Strategies LLC bought a new position in Safety Insurance Group in the 3rd quarter worth $220,000. GAMMA Investing LLC raised its stake in shares of Safety Insurance Group by 21.5% in the third quarter. GAMMA Investing LLC now owns 2,622 shares of the insurance provider’s stock worth $272,000 after buying an additional 464 shares during the period. Farther Finance Advisors LLC lifted its holdings in Safety Insurance Group by 588.3% during the third quarter. Farther Finance Advisors LLC now owns 998 shares of the insurance provider’s stock valued at $103,000 after purchasing an additional 853 shares in the last quarter. Finally, Engineers Gate Manager LP boosted its holdings in Safety Insurance Group by 148.0% in the 2nd quarter. Engineers Gate Manager LP now owns 11,283 shares of the insurance provider’s stock worth $845,000 after buying an additional 6,733 shares during the period. Hedge funds and other institutional investors own 81.04% of the company’s stock.

Safety Insurance Group Company Profile

(Get Free Report)

Safety Insurance Group, Inc (NASDAQ:SAFT) is an insurance holding company headquartered in Boston, Massachusetts. Through its subsidiaries, including Safety Insurance Company, the company provides property and casualty insurance products to individuals and businesses.

Its principal offerings include private passenger and commercial automobile insurance, homeowners insurance, businessowners policies, dwelling fire coverage, umbrella insurance and workers’ compensation insurance. Safety distributes its products primarily through a network of independent insurance agents and provides related policy administration and claims services.

The company primarily serves customers in New England, with operations focused on Massachusetts, New Hampshire and Maine.