RLI (NYSE: RLI) recently received a number of ratings updates from brokerages and research firms:
- 7/29/2026 – RLI was downgraded by Wells Fargo & Company from “equal weight” to “underweight”. They now have a $57.00 price target on the stock.
- 7/28/2026 – RLI was given a new $74.00 price target by UBS Group AG.
- 7/28/2026 – RLI had its “outperform” rating reaffirmed by Keefe, Bruyette & Woods. They now have a $74.00 price target on the stock, up from $70.00.
- 7/20/2026 – RLI was downgraded by Wall Street Zen from “hold” to “sell”.
- 7/12/2026 – RLI was upgraded by Wall Street Zen from “sell” to “hold”.
- 7/9/2026 – RLI had its price target raised by Wells Fargo & Company from $55.00 to $62.00. They now have an “equal weight” rating on the stock.
- 7/8/2026 – RLI had its price target raised by Keefe, Bruyette & Woods from $67.00 to $70.00. They now have an “outperform” rating on the stock.
RLI Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Friday, May 29th were paid a $0.18 dividend. This is an increase from RLI’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend was Friday, May 29th. This represents a $0.72 dividend on an annualized basis and a yield of 1.1%. RLI’s payout ratio is presently 15.13%.
Insider Buying and Selling
In other news, Director David B. Duclos bought 2,500 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The shares were bought at an average cost of $51.99 per share, with a total value of $129,975.00. Following the completion of the purchase, the director directly owned 9,780 shares in the company, valued at $508,462.20. This represents a 34.34% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. Also, Director Clark C. Kellogg purchased 3,000 shares of the stock in a transaction that occurred on Monday, June 1st. The shares were purchased at an average price of $50.90 per share, with a total value of $152,700.00. Following the completion of the acquisition, the director directly owned 4,502 shares in the company, valued at $229,151.80. The trade was a 199.73% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last ninety days, insiders have bought 16,500 shares of company stock worth $858,955. Company insiders own 2.39% of the company’s stock.
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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