RLI Corp. $RLI Shares Bought by Principal Financial Group Inc.

Principal Financial Group Inc. boosted its stake in shares of RLI Corp. (NYSE:RLI) by 3.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 281,139 shares of the insurance provider’s stock after buying an additional 10,554 shares during the quarter. Principal Financial Group Inc. owned 0.31% of RLI worth $16,036,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. raised its stake in shares of RLI by 3.4% in the 4th quarter. Vanguard Group Inc. now owns 9,448,929 shares of the insurance provider’s stock valued at $604,542,000 after acquiring an additional 310,857 shares during the period. State Street Corp boosted its position in shares of RLI by 1.4% during the 4th quarter. State Street Corp now owns 8,875,002 shares of the insurance provider’s stock worth $567,823,000 after purchasing an additional 124,687 shares during the period. Wasatch Advisors LP increased its holdings in RLI by 33.1% in the 1st quarter. Wasatch Advisors LP now owns 2,579,955 shares of the insurance provider’s stock valued at $147,161,000 after purchasing an additional 641,769 shares during the last quarter. Geode Capital Management LLC increased its holdings in RLI by 3.2% in the 4th quarter. Geode Capital Management LLC now owns 2,191,891 shares of the insurance provider’s stock valued at $140,260,000 after purchasing an additional 67,025 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in RLI by 6.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,899,524 shares of the insurance provider’s stock valued at $121,536,000 after purchasing an additional 112,541 shares during the period. 77.89% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Craig W. Kliethermes bought 2,000 shares of the stock in a transaction that occurred on Wednesday, May 27th. The stock was purchased at an average price of $52.00 per share, for a total transaction of $104,000.00. Following the completion of the purchase, the chief executive officer owned 150,990 shares in the company, valued at approximately $7,851,480. This trade represents a 1.34% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Clark C. Kellogg bought 3,000 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The stock was acquired at an average cost of $50.90 per share, for a total transaction of $152,700.00. Following the acquisition, the director directly owned 4,502 shares of the company’s stock, valued at $229,151.80. The trade was a 199.73% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders purchased 16,500 shares of company stock valued at $858,955. 2.39% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms have commented on RLI. Keefe, Bruyette & Woods upped their price target on RLI from $67.00 to $70.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 8th. Zacks Research raised RLI from a “strong sell” rating to a “hold” rating in a research note on Thursday, April 2nd. Wall Street Zen downgraded RLI from a “hold” rating to a “sell” rating in a report on Monday. Wells Fargo & Company increased their target price on RLI from $55.00 to $62.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 9th. Finally, Weiss Ratings cut RLI from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, May 22nd. One equities research analyst has rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $60.50.

RLI Price Performance

RLI stock opened at $59.25 on Thursday. The business’s 50-day moving average is $55.51 and its two-hundred day moving average is $57.38. The firm has a market capitalization of $5.45 billion, a P/E ratio of 13.84 and a beta of 0.38. RLI Corp. has a 1 year low of $47.26 and a 1 year high of $70.07.

RLI (NYSE:RLI) last announced its quarterly earnings data on Wednesday, July 22nd. The insurance provider reported $0.83 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.11. RLI had a return on equity of 17.72% and a net margin of 20.81%.The business had revenue of $575.57 million during the quarter, compared to the consensus estimate of $568.70 million. During the same period in the previous year, the company posted $0.82 earnings per share. The business’s revenue for the quarter was up 15.2% on a year-over-year basis. On average, analysts expect that RLI Corp. will post 2.75 EPS for the current year.

RLI Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Friday, May 29th were issued a dividend of $0.18 per share. This is a boost from RLI’s previous quarterly dividend of $0.16. The ex-dividend date was Friday, May 29th. This represents a $0.72 annualized dividend and a yield of 1.2%. RLI’s dividend payout ratio (DPR) is presently 16.82%.

Key Stories Impacting RLI

Here are the key news stories impacting RLI this week:

• Positive Sentiment: RLI beat consensus EPS estimates, reporting $0.83 per share versus expectations around $0.71-$0.73, which suggests stronger-than-expected profitability. RLI Reports Second Quarter 2026 Results
• Positive Sentiment: Revenue also topped estimates in the latest quarter, with results showing solid top-line performance and year-over-year revenue growth of 15.2%. RLI Corp. (RLI) Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: The company reported strong profitability metrics, including a 17.72% return on equity and a 20.81% net margin, which may reinforce confidence in its operating discipline. RLI Press Release
• Neutral Sentiment: While earnings beat estimates, one data point showed revenue at $463.1 million versus a different estimate set in another feed, highlighting some inconsistency in reported expectations rather than a clear fundamental issue. RLI ($RLI) Releases Q2 2026 Earnings

RLI Profile

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.