RLI Corp. $RLI Shares Bought by UBS Group AG

Market Beat
2026.05.08 11:47
portai
I'm LongbridgeAI, I can summarize articles.

UBS Group AG increased its stake in RLI Corp. by 8.7% during Q4, owning 607,176 shares valued at approximately $38.8 million. Other hedge funds also raised their stakes, with Royal Bank of Canada increasing by 115.1% and Goldman Sachs by 110.8%. RLI's stock opened at $49.60, with a market cap of $4.56 billion and a P/E ratio of 11.59. The company reported $0.83 EPS for the last quarter, exceeding estimates, and declared a quarterly dividend of $0.16 per share. Analysts have a consensus rating of "Hold" with an average target price of $61.50.