Hingham Institution for Savings Invests $1.92 Million in RLI Corp. $RLI

Key Points

• Hingham Institution for Savings initiated a new position in RLI, buying 30,000 shares worth about $1.92 million, making RLI 1.6% of its portfolio and its 8th-largest holding, while institutional investors own ~77.9% of the stock.
• RLI's Q1 showed underwriting strength with a reported combined ratio of ~86 and an EPS beat of $0.83 vs. $0.73 expected, but revenue disappointed and management cited catastrophe losses and competitive rate pressure that compressed margins.
• The stock trades at a P/E of 12.331.2% yield (annualized $0.64), and carries an average analyst rating of "Hold" with a $61.50 average price target.

Hingham Institution for Savings bought a new position in shares of RLI Corp. (NYSE:RLI - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 30,000 shares of the insurance provider's stock, valued at approximately $1,919,000. RLI comprises 1.6% of Hingham Institution for Savings' investment portfolio, making the stock its 8th largest position.

Several other large investors also recently made changes to their positions in RLI. Quent Capital LLC bought a new stake in shares of RLI during the third quarter worth $26,000. Farther Finance Advisors LLC grew its holdings in shares of RLI by 94.4% during the fourth quarter. Farther Finance Advisors LLC now owns 414 shares of the insurance provider's stock worth $26,000 after purchasing an additional 201 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of RLI by 156.4% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 464 shares of the insurance provider's stock worth $30,000 after purchasing an additional 283 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its holdings in shares of RLI by 72.1% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 618 shares of the insurance provider's stock worth $40,000 after purchasing an additional 259 shares during the last quarter. Finally, AlphaQuest LLC bought a new stake in shares of RLI during the third quarter worth $43,000. Institutional investors own 77.89% of the company's stock.

Key Headlines Impacting RLI

Here are the key news stories impacting RLI this week:

• Positive Sentiment: Underwriting strength — RLI reported a first-quarter combined ratio of ~86, reflecting disciplined pricing and profitable underwriting that supports core earnings resilience. RLI outlines underwriting discipline as Q1 combined ratio was 86
• Positive Sentiment: Investment income and casualty growth helped offset underwriting pressure, providing some offset to underwriting volatility and supporting near-term profitability. RLI Q1 Earnings Miss Estimates, Investment Income Increases Y/Y
• Neutral Sentiment: A++ financial-strength upgrade — an upgrade was announced, which is positive for franchise strength, but analysts flag it raises questions about future earnings growth and current valuation compression. Investors are debating whether the rating justifies the stock's multiple. RLI’s A++ Upgrade Raises Questions On Earnings Outlook And Valuation
• Neutral Sentiment: Revenue and growth picture is mixed — RLI posted ~3% top-line growth in Q1, signaling modest premium growth but not a clear acceleration. Analysts’ price targets remain dispersed. RLI Corp reports 3% top-line growth for Q1’26
• Negative Sentiment: Mixed earnings beat/miss and revenues below expectations — headline EPS was roughly in line or slightly below some consensus figures and reported revenue came in under analyst estimates, prompting near-term disappointment. RLI Corp. Q1 Earnings Lag Estimates RLI Reports Sales Below Analyst Estimates In Q1 CY2026 Earnings
• Negative Sentiment: Catastrophe and competitive pressures — management cited catastrophe-related losses and a competitive rate environment that compressed underwriting margins in parts of the portfolio, adding near-term uncertainty to earnings cadence. RLI Q1 deep dive: Competitive market pressures and rate discipline shape results

RLI Price Performance

RLI stock opened at $52.79 on Monday. The business's 50-day simple moving average is $59.32 and its 200 day simple moving average is $60.92. The stock has a market cap of $4.85 billion, a price-to-earnings ratio of 12.33 and a beta of 0.52. RLI Corp. has a 12-month low of $52.73 and a 12-month high of $77.24. The company has a quick ratio of 0.32, a current ratio of 0.40 and a debt-to-equity ratio of 0.17.

RLI (NYSE:RLI - Get Free Report) last posted its quarterly earnings results on Wednesday, April 22nd. The insurance provider reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.10. The business had revenue of $423.87 million for the quarter, compared to analysts' expectations of $564.47 million. RLI had a return on equity of 17.72% and a net margin of 20.81%.The firm's quarterly revenue was up 4.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.92 earnings per share. As a group, research analysts anticipate that RLI Corp. will post 2.74 earnings per share for the current year.

RLI Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were paid a $0.16 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $0.64 annualized dividend and a yield of 1.2%. RLI's dividend payout ratio is presently 14.95%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Wells Fargo & Company decreased their target price on RLI from $59.00 to $55.00 and set an "equal weight" rating on the stock in a report on Thursday, April 9th. Zacks Research upgraded RLI from a "strong sell" rating to a "hold" rating in a report on Thursday, April 2nd. Keefe, Bruyette & Woods upgraded RLI from a "moderate buy" rating to a "strong-buy" rating in a report on Tuesday, February 24th. Truist Financial set a $58.00 price target on RLI in a report on Friday, January 23rd. Finally, Citizens Jmp reiterated a "market perform" rating on shares of RLI in a report on Friday, January 23rd. One investment analyst has rated the stock with a Strong Buy rating and six have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $61.50.

RLI Company 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.

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