
Sep 24, 2026
Bank of America Corp DE Purchases New Position in RLI Corp. $RLI
Bank of America Corp DE has acquired a new position in RLI Corp. (NYSE:RLI), purchasing 394,837 shares valued at approximately $23.3 million, representing a 0.43% stake. Despite RLI exceeding quarterly earnings expectations, analysts maintain a cautious outlook with an average "Reduce" rating and a consensus price target of $63.20. Institutional investors collectively own 77.89% of the insurer's stock.
Company relevance
100.00%
Company sentiment
Somewhat-Bearish
Overall sentiment
Neutral

Sep 21, 2026
Corient Private Wealth LP Increases Holdings in RLI Corp. $RLI
Corient Private Wealth LP significantly increased its stake in RLI Corp. by 186.7% in the second quarter, bringing its total holdings to 83,496 shares valued at $4.9 million. This move is part of a broader trend of institutional investors holding 77.89% of RLI's stock. Despite a consensus "Reduce" rating from analysts, RLI reported strong quarterly earnings of $0.83 per share, surpassing estimates, and a 15.2% revenue increase year-over-year.
Company relevance
100.00%
Company sentiment
Neutral
Overall sentiment
Neutral