Rep. Lisa C. McClain Sells Off Shares of RLI Corp. (NYSE:RLI)

Key Points

• Representative Lisa C. McClain sold shares of RLI Corp. (NYSE:RLI) for an amount between $1,001 and $15,000 on June 17th, 2025, as disclosed in a filing.
• RLI Corp. recently reported a quarterly EPS of $0.84, exceeding the consensus estimate by $0.09, with revenue increasing by 20.0% year-over-year.
• RLI announced a quarterly dividend of $0.16 per share to be paid on September 19th, representing an annualized yield of 0.9%.

Representative Lisa C. McClain (R-Michigan) recently sold shares of RLI Corp. NYSE: RLI. In a filing disclosed on August 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in RLI stock on June 17th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

RLI Stock Down 1.2%

RLI stock traded down $0.8450 during trading hours on Monday, hitting $67.7150. 112,123 shares of the stock traded hands, compared to its average volume of 514,074. The firm's 50-day moving average price is $69.37 and its two-hundred day moving average price is $73.50. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.06. The company has a market cap of $6.22 billion, a PE ratio of 19.41 and a beta of 0.66. RLI Corp. has a one year low of $65.14 and a one year high of $91.14.

RLI (NYSE:RLI - Get Free Report) last posted its quarterly earnings data on Monday, July 21st. The insurance provider reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.09. The business had revenue of $562.28 million for the quarter, compared to analysts' expectations of $445.55 million. RLI had a return on equity of 15.82% and a net margin of 17.81%.The business's revenue was up 20.0% on a year-over-year basis. During the same period in the previous year, the firm posted $1.72 EPS. On average, research analysts forecast that RLI Corp. will post 3.08 EPS for the current year.

RLI Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 19th. Shareholders of record on Friday, August 29th will be given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Friday, August 29th. RLI's payout ratio is presently 18.34%.

Hedge Funds Weigh In On RLI

Hedge funds have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd raised its holdings in RLI by 7,300.0% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 370 shares of the insurance provider's stock worth $27,000 after acquiring an additional 365 shares during the last quarter. Clarity Asset Management Inc. purchased a new position in RLI in the 2nd quarter worth approximately $28,000. Chung Wu Investment Group LLC purchased a new position in RLI in the 2nd quarter worth approximately $29,000. Golden State Wealth Management LLC raised its holdings in RLI by 100.0% in the 1st quarter. Golden State Wealth Management LLC now owns 372 shares of the insurance provider's stock worth $30,000 after acquiring an additional 186 shares during the last quarter. Finally, Hantz Financial Services Inc. raised its holdings in RLI by 3,645.5% in the 2nd quarter. Hantz Financial Services Inc. now owns 412 shares of the insurance provider's stock worth $30,000 after acquiring an additional 401 shares during the last quarter. 77.89% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised RLI from a "sell" rating to a "hold" rating in a research report on Saturday, July 26th. Two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $78.60.

Insiders Place Their Bets

In other news, COO Jennifer L. Klobnak acquired 3,000 shares of the firm's stock in a transaction that occurred on Thursday, July 24th. The stock was bought at an average cost of $69.15 per share, for a total transaction of $207,450.00. Following the acquisition, the chief operating officer directly owned 98,450 shares in the company, valued at approximately $6,807,817.50. The trade was a 3.14% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. 2.16% of the stock is currently owned by insiders.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

About RLI

RLI Corp., an insurance holding company, underwrites property and casualty insurance. Its Casualty segment provides commercial and personal coverage products; and general liability products, such as coverage for third-party liability of commercial insureds, including manufacturers, contractors, apartments, and mercantile.