Selective Insurance Group, Inc. (NASDAQ:SIGI) Stock Rated "Hold" by Sell-Side Brokerages
Eight research firms have given Selective Insurance Group (NASDAQ:SIGI) an average "Hold" rating, with a consensus 12-month price target of $99.33. The company recently beat quarterly earnings expectations, reporting $1.95 EPS against a $1.66 consensus, and analysts project full-year EPS of approximately $8.10. Selective Insurance Group pays a quarterly dividend of $0.43, yielding 2.1% annually, and institutional investors hold 82.88% of its shares, though a recent executive sale reduced an insider's stake by over 50%.
SIGI Maintains by Piper Sandler -- Price Target Lowered to $97.0
Piper Sandler has maintained a Neutral rating for Selective Insurance Group Inc. (SIGI) but lowered its price target from $105.00 to $97.00. Despite this downgrade, GuruFocus indicates SIGI is undervalued with a GF Value™ of $96.55 against a current price of $84.67, and holds a strong GF Score™ of 86/100. However, investors should be cautious due to significant insider selling totaling $1,608,080 over the last three months.
Selective Insurance Group, Inc. (SIGI) Stock Forecasts
Argus has lowered its target price for Selective Insurance Group, Inc. (SIGI) to $96.00, while the current price stands at $86.12. SIGI is described as a regional property-casualty insurer operating primarily in the New York metropolitan area. The report suggests upgrading to premium research reports for more detailed insights.
Selective Insurance Group, Inc. (SIGI) Stock Price, News, Quote & History
This Yahoo Finance page provides comprehensive financial information for Selective Insurance Group, Inc. (SIGI), including its current stock price, historical data, key statistics, performance overview, earnings trends, and analyst insights. It details the company's operations in property and casualty insurance and investment activities, along with its recent news and financial highlights.
Selective Insurance Group stock holds near its 52-week low
Selective Insurance Group (SIGI) closed at $87.68 on September 22, 2026, remaining below its 52-week high despite beating second-quarter earnings estimates. The company reported EPS of $1.95, surpassing consensus, and saw a significant increase in investment income, leading to raised guidance for 2026 after-tax net investment income. The stock's performance indicates the market credits its strong earnings but has not yet valued it at its recent peak.
653,775 Shares in Selective Insurance Group, Inc. $SIGI Bought by Bank of America Corp DE
Bank of America Corp DE recently acquired 653,775 shares of Selective Insurance Group, Inc. (NASDAQ:SIGI) valued at approximately $63.4 million, making it about 1.1% of SIGI's stock. Other institutional investors like BlackRock Inc. and Geode Capital Management LLC also increased their holdings. Analysts currently maintain a "Hold" rating for SIGI with a consensus price target of $100.33, and the company recently exceeded quarterly earnings expectations and pays a quarterly dividend of $0.43 per share.
Engineers Gate Manager LP Decreases Stock Position in Selective Insurance Group, Inc. $SIGI
Engineers Gate Manager LP significantly reduced its stake in Selective Insurance Group (SIGI) by 57.2% in the second quarter, selling 16,231 shares and retaining 12,166 shares valued at $1.18 million. Despite this, institutional investors collectively own 82.88% of the company. Analyst sentiment for SIGI is mixed, with an average price target of $100.33, and the company recently surpassed quarterly earnings expectations and declared a dividend.
Selective Insurance Group Expands Board, Reappoints Wole C. Coaxum as Non-Employee Director
Selective Insurance Group has expanded its Board of Directors from 12 to 13 members and reappointed Wole C. Coaxum as a non-employee director, effective September 16, 2026. Mr. Coaxum will serve on the Audit Committee and the Compensation and Human Capital Committee, with his term extending until the 2027 Annual Meeting of Stockholders. He will not receive an annual equity award for fiscal 2026, but his cash retainer will be prorated.
Selective Insurance appoints Wole Coaxum to board
Selective Insurance Group, Inc. (NASDAQ:SIGI) has appointed Wole Coaxum to its board of directors, effective Wednesday. Coaxum previously served as an independent director for the company from 2020 to 2025 and is the founder and CEO of On Our Block. His appointment expands Selective's board to 13 directors, 12 of whom are independent, and he will serve on the Audit Committee and Compensation and Human Capital Committee.
Selective Appoints Wole Coaxum as Independent Director
Selective Insurance Group, Inc. has announced the appointment of Wole Coaxum as an independent director to its Board, effective September 16, 2026. Mr. Coaxum, who previously served on the board from 2020 to 2025, brings extensive expertise in financial services and FinTech. He is the founder and CEO of On Our Block and previously founded Mobility Capital Finance, Inc.
Selective Insurance Group, Inc. Announces Appointment of Wole Coaxum as Independent Director and Committee's, Effective September 16, 2026
Selective Insurance Group, Inc. announced the appointment of Wole Coaxum to its Board of Directors, effective September 16, 2026. This marks his return to the board, where he previously served from 2020 to 2025, bringing the total number of directors to 13, with 12 being independent. Coaxum, the founder and CEO of On Block and former CEO of Mobility Capital Finance, Inc. (MoCaFi), has also been appointed to the Board's Audit Committee and Compensation and Human Capital Committee.
California State Teachers Retirement System Purchases 6,842,918 Shares of Selective Insurance Group, Inc. $SIGI
California State Teachers Retirement System reduced its stake in Selective Insurance Group (NASDAQ:SIGI) by 2.8% in the second quarter, now owning 71,294 shares worth $6.9 million. The company reported strong Q2 earnings, beating estimates with $1.95 EPS and $1.39 billion in revenue, and maintains a quarterly dividend of $0.43 per share. Analyst sentiment is mixed, with a "Hold" rating and an average price target of $100.33, while insider selling by an executive vice president also occurred.
Squarepoint Ops LLC Purchases Shares of 55,746 Selective Insurance Group, Inc. $SIGI
Squarepoint Ops LLC acquired 55,746 shares of Selective Insurance Group (NASDAQ:SIGI) valued at approximately $5.4 million during the second quarter. The company reported strong Q2 earnings of $1.95 per share, exceeding estimates, and maintains a quarterly dividend of $0.43. Despite mixed analyst sentiment with a "Hold" rating, institutional investors collectively own 82.88% of the stock.
Selective to Present at the 2026 Keefe, Bruyette & Woods Insurance Conference
Selective Insurance Group, Inc. announced that its Chairman, President, and CEO John J. Marchioni, along with Executive Vice President and CFO Patrick S. Brennan, will present at the 2026 Keefe, Bruyette & Woods Insurance Conference. The presentation is scheduled for September 9, 2026, at 4:20 p.m. ET, and investors can access a live stream or recording on the company's website. Selective Insurance is a holding company for 10 property and casualty insurance companies, recognized for its strong ratings and employer accolades.
Selective Insurance Group, Inc. $SIGI Position Trimmed by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC
UBS Asset Management, a distinct business unit of UBS Asset Management Americas LLC, recently reduced its stake in Selective Insurance Group, Inc. (NASDAQ:SIGI) by 24.9% in the second quarter, selling 51,567 shares but still retaining 155,845 shares valued at approximately $15.1 million. Despite this trim, institutional investors and hedge funds collectively own a significant 82.88% of the company's stock. Selective Insurance Group reported strong quarterly results, beating EPS and revenue estimates, and maintains a quarterly dividend, while analyst sentiment remains mixed with a "Hold" consensus rating and an average price target of $100.33.
Corient Private Wealth LP Makes New $1.77 Million Investment in Selective Insurance Group, Inc. $SIGI
Corient Private Wealth LP has made a new investment of $1.77 million in Selective Insurance Group, Inc. (NASDAQ:SIGI) by purchasing 18,297 shares during the second quarter. This move is part of a broader trend of institutional investors adjusting their positions in SIGI, with several firms acquiring new stakes or increasing existing ones. Selective Insurance Group reported strong quarterly earnings, beating analyst estimates, and has a market capitalization of $5.55 billion.
Wellington Management Group LLP Invests $77.15 Million in Selective Insurance Group, Inc. $SIGI
Wellington Management Group LLP has invested $77.15 million in Selective Insurance Group, Inc. (NASDAQ:SIGI), acquiring 795,272 shares, which represents a 1.34% stake in the company. Other institutional investors also adjusted their positions in SIGI, collectively owning 82.88% of the stock. Analysts currently hold a consensus "Hold" rating with an average target price of $100.33 for Selective Insurance, which recently surpassed its quarterly earnings and revenue expectations and declared a quarterly dividend of $0.43 per share.
Legal & General Group Plc Takes $8.35 Million Position in Selective Insurance Group, Inc. $SIGI
Legal & General Group Plc has acquired a new position in Selective Insurance Group, Inc. (NASDAQ:SIGI) valued at approximately $8.35 million, representing 0.14% of the insurer. This move comes as other institutional investors have also adjusted their stakes, with overall institutional ownership at 82.88%. Selective Insurance Group recently reported strong quarterly earnings, beating analyst estimates, and announced a quarterly dividend.
The Manufacturers Life Insurance Company Invests $5.50 Million in Selective Insurance Group, Inc. $SIGI
The Manufacturers Life Insurance Company has invested $5.50 million in Selective Insurance Group, Inc. (NASDAQ:SIGI) by acquiring 56,653 shares. Selective Insurance Group reported strong quarterly earnings, exceeding analyst estimates, and announced a quarterly dividend of $0.43 per share. Despite some insider selling, institutional investors collectively own 82.88% of the stock, and analysts maintain a consensus "Hold" rating with an average price target of $100.33.
Man Group plc Makes New Investment in Selective Insurance Group, Inc. $SIGI
Man Group plc has acquired a new stake of 31,086 shares, worth approximately $3.0 million, in Selective Insurance Group, Inc. (NASDAQ:SIGI). This investment gives Man Group plc a 0.05% stake in the insurance provider, which has seen mixed analyst sentiment with an average "Hold" rating despite beating recent EPS and revenue estimates. Selective Insurance Group also announced a quarterly dividend of $0.43 per share, yielding 1.9%.
Connor Clark & Lunn Investment Management Ltd. Takes Position in Selective Insurance Group, Inc. $SIGI
Connor Clark & Lunn Investment Management Ltd. has acquired 13,488 shares of Selective Insurance Group (NASDAQ:SIGI) valued at $1.31 million. This move is part of broader institutional interest, with such investors now holding 82.88% of SIGI. The company recently surpassed quarterly earnings expectations and declared a $0.43 dividend, while analysts maintain a "Hold" rating with a consensus price target of $100.33.
Canada Pension Plan Investment Board Buys Shares of 37,600 Selective Insurance Group, Inc. $SIGI
The Canada Pension Plan Investment Board has acquired 37,600 shares of Selective Insurance Group, Inc. (NASDAQ:SIGI) valued at approximately $3.65 million. This purchase contributes to the 82.88% institutional ownership of the company. Selective Insurance recently reported strong quarterly earnings, exceeding revenue and EPS estimates, and declared a quarterly dividend of $0.43 per share.
Understanding Momentum Shifts in (SIGI)
This article analyzes Selective Insurance Group Inc. (NASDAQ: SIGI), highlighting positive near-term sentiment that may counter a weak mid-term bias within a strong long-term context. It identifies a key support test, potential resistance, and an exceptional risk-reward setup targeting a 7.4% gain. The piece also details three AI-generated trading strategies for different risk profiles.
Bank of New York Mellon Corp Buys New Position in Selective Insurance Group, Inc. $SIGI
Bank of New York Mellon Corp has acquired a new position of 489,452 shares in Selective Insurance Group, Inc. (NASDAQ:SIGI), valued at approximately $47.5 million, giving it a 0.82% stake in the company. Selective Insurance Group exceeded Q2 earnings and revenue expectations, reporting $1.95 EPS and $1.39 billion in revenue, and declared a $0.43 quarterly dividend. Despite various analyst price target increases, the stock holds a consensus "Hold" rating with a target price of $100.33.
Selective Insurance Group, Inc. $SIGI Shares Sold by Algert Global LLC
Algert Global LLC significantly reduced its stake in Selective Insurance Group (NASDAQ:SIGI) by 50% in the second quarter, selling over 106,000 shares. Despite this, other institutional investors have recently acquired new positions or increased their holdings in the company. Selective Insurance Group's stock opened at $91.91, has a market capitalization of $5.48 billion, and recently announced a quarterly dividend of $0.43 per share.
Ieq Capital LLC Acquires New Shares in Selective Insurance Group, Inc. $SIGI
Ieq Capital LLC has acquired 27,629 shares of Selective Insurance Group, Inc. (NASDAQ:SIGI) during the second quarter, valuing its new stake at approximately $2.68 million. Selective Insurance Group reported strong quarterly earnings, beating analyst estimates, and declared a quarterly dividend of $0.43 per share. Despite an average analyst rating of "Hold," several institutions have adjusted their holdings in the company, and an EVP recently sold a significant portion of his shares.
William Blair Investment Management LLC Acquires Shares of 292,525 Selective Insurance Group, Inc. $SIGI
William Blair Investment Management LLC has acquired 292,525 shares of Selective Insurance Group, Inc. (NASDAQ:SIGI) in the second quarter, valued at approximately $28.4 million, representing a 0.49% stake in the company. Other institutional investors have also modified their holdings, with institutional ownership collectively at 82.88%. Selective Insurance Group recently reported strong quarterly earnings, beating analyst expectations, and declared a quarterly dividend of $0.43 per share.
BlackRock Inc. Purchases Shares of 7,778,138 Selective Insurance Group, Inc. $SIGI
BlackRock Inc. has acquired 7,778,138 shares of Selective Insurance Group, Inc. (NASDAQ:SIGI) during the second quarter, representing a 13.06% stake valued at approximately $754.6 million. Other institutional investors also made significant purchases, bringing total institutional ownership to 82.88%. Despite some mixed analyst sentiment and an insider stock sale, the company recently reported strong quarterly earnings, beating analyst expectations, and declared a quarterly dividend of $0.43 per share.
Deutsche Bank AG Takes Position in Selective Insurance Group, Inc. $SIGI
Deutsche Bank AG has acquired a new position in Selective Insurance Group, Inc. (NASDAQ:SIGI), purchasing 314,118 shares valued at approximately $30.5 million, representing a 0.53% stake. The insurance provider exceeded Q2 expectations with $1.95 EPS and $1.39 billion in revenue, leading to analysts maintaining a "Hold" rating with an average price target of $100.33. Selective Insurance Group also declared a quarterly dividend of $0.43 per share, yielding 1.9% annually.
27,321 Shares in Selective Insurance Group, Inc. $SIGI Purchased by First National Bank of Omaha
First National Bank of Omaha recently acquired a new stake of 27,321 shares, valued at approximately $2.65 million, in Selective Insurance Group, Inc. during the second quarter. Other institutional investors like BlackRock Inc. and AQR Capital Management LLC have also made significant moves in their holdings of SIGI stock. Analysts currently rate SIGI with an average "Hold" and a consensus price target of $100.33.
Zacks Research Analysts Raise Earnings Estimates for SIGI
Zacks Research analysts have increased their third-quarter 2026 earnings per share (EPS) estimate for Selective Insurance Group (NASDAQ:SIGI) to $1.82, up from $1.80. The firm also projected full-year 2026 EPS of $8.05 and FY2028 EPS of $9.02. This follows Selective Insurance Group's strong Q2 earnings report, where the company surpassed analyst expectations with $1.95 EPS on $1.39 billion in revenue.
Is It Smart To Buy Selective Insurance Group, Inc. (NASDAQ:SIGI) Before It Goes Ex-Dividend?
Selective Insurance Group (NASDAQ:SIGI) is set to trade ex-dividend in three days, with a payment of US$0.43 per share. The company has a trailing dividend yield of 1.8% and a low payout ratio of 21% of profits, indicating a sustainable dividend. Selective Insurance Group has also shown strong earnings per share growth of 15% annually over the last five years and a 11% average annual dividend increase over the last decade, suggesting it could be an attractive dividend stock.
Selective Insurance Group (SIGI) 5.59% stake disclosed by AQR
AQR Capital Management, LLC and its parent, AQR Capital Management Holdings, LLC, have disclosed a beneficial ownership of 5.59% in Selective Insurance Group, Inc. (SIGI), amounting to 3,345,130 shares. The filing, a SCHEDULE 13G/A, indicates that both entities share voting power over 3,216,126 shares and shared dispositive power over 3,345,130 shares, with no sole voting or dispositive power. This filing highlights AQR's significant passive investment in Selective Insurance Group.
Is It Smart To Buy Selective Insurance Group, Inc. (NASDAQ:SIGI) Before It Goes Ex-Dividend?
Selective Insurance Group (NASDAQ:SIGI) is set to trade ex-dividend in three days, with a payment of US$0.43 per share. The company has a low payout ratio of 21% of its profits and has shown strong earnings per share growth of 15% annually over the last five years, alongside an 11% average annual dividend increase over the past decade. This combination of growth and conservative dividend payout suggests that SIGI could be an attractive dividend stock for long-term investors.
Selective Insurance Group, Inc. (NASDAQ:SIGI) Given Average Recommendation of "Hold" by Brokerages
Selective Insurance Group, Inc. (NASDAQ:SIGI) has received an average recommendation of "Hold" from brokerages, with an average 12-month price target of $100.33. The company recently exceeded quarterly expectations with EPS of $1.95 and revenue of $1.39 billion, and declared a quarterly dividend of $0.43 per share. Insider activity included an EVP selling 17,100 shares, while institutional investors have adjusted their stakes in the company.
Bank of America Corp DE Has $57.23 Million Stake in Selective Insurance Group, Inc. $SIGI
Bank of America Corp DE increased its stake in Selective Insurance Group, Inc. (NASDAQ:SIGI) by 2.5% in the first quarter, now holding 759,122 shares valued at $57.23 million. Other institutional investors have also adjusted their holdings, with institutional ownership collectively reaching 82.88%. Selective Insurance Group recently reported strong quarterly earnings, beating analyst estimates, and declared a quarterly dividend of $0.43 per share.
Assenagon Asset Management S.A. Grows Stock Position in Selective Insurance Group, Inc. $SIGI
Assenagon Asset Management S.A. significantly increased its stake in Selective Insurance Group, Inc. (NASDAQ:SIGI) by 101.6% in the second quarter, now holding 193,405 shares valued at $18.76 million. Other institutional investors also adjusted their positions, and collective institutional ownership stands at 82.88%. Selective Insurance Group recently reported strong Q2 earnings, beating analyst estimates for both EPS and revenue, and announced a quarterly dividend of $0.43 per share.
Selective Insurance Group Inc (SIGI) Earnings Forecast: Future EPS & Revenue Growth Estimates
This article provides an earnings forecast for Selective Insurance Group Inc (SIGI), detailing its current earnings forecast score, average price target, and analyst ratings. It highlights that SIGI ranks 79 out of 115 in the Insurance industry with an average price target of $82.00, and analysts generally recommend a "Hold" rating. The report also includes expected revenue for the next quarter, historical EPS performance, and projected EPS.
Selective Insurance Group, Inc. Revenue Breakdown – NASDAQ:SIGI
This article provides a revenue breakdown for Selective Insurance Group, Inc. (NASDAQ: SIGI), highlighting its top-performing segment, Standard Commercial Lines, which generated $3.75 billion USD last year. The majority of the company's revenue, $5.34 billion USD, came from the United States.
Quantinno Capital Management LP Boosts Stake in Selective Insurance Group, Inc. $SIGI
Quantinno Capital Management LP significantly increased its stake in Selective Insurance Group (NASDAQ:SIGI) by 75.8% in Q1 2026, bringing its total to 50,262 shares. Other institutional investors also adjusted their positions, with overall institutional ownership reaching 82.88%. Selective Insurance Group exceeded quarterly earnings and revenue expectations and declared a $0.43 per share dividend.
California State Teachers Retirement System Buys 15,720 Shares of Selective Insurance Group, Inc. $SIGI
The California State Teachers Retirement System increased its stake in Selective Insurance Group (NASDAQ:SIGI) by 27.3% in the first quarter, purchasing an additional 15,720 shares to hold a total of 73,313 shares valued at approximately $5.5 million. Institutional investors now own 82.88% of the company's stock. Analysts generally maintain a "Hold" rating for SIGI, with a consensus price target of $100.33, while the company recently exceeded quarterly earnings and revenue expectations and declared a quarterly dividend of $0.43 per share.
Selective Insurance Group Inc (SIGI) Stock News Today
This article provides current stock information for Selective Insurance Group Inc (SIGI), including its latest stock price, market capitalization, and P/E ratio. It also indicates that more news and analysis regarding the company's earnings and analyst ratings are expected soon. The page serves as a hub for SIGI's financial data, performance metrics, and news updates.
Selective Insurance Group : SIGI
Selective Insurance Group Inc (SIGI) is an insurance provider based in Branchville, New Jersey, offering casualty, property, and flood insurance to various clients including businesses, non-profits, and individuals. The company, established in 1926, operates through independent and wholesale agents and also manages a diverse investment portfolio. SIGI currently has a price target of $129, indicating a potential 33.4% increase from its current stock price of $96.23.
Selective Insurance Group, Inc. $SIGI Stock Holdings Trimmed by Sei Investments Co.
Sei Investments Co. reduced its stake in Selective Insurance Group (NASDAQ:SIGI) by 30.5% in the first quarter, selling 30,553 shares and holding 69,466 shares worth $5.2 million. Despite this, institutional investors still own 82.88% of SIGI. Selective Insurance Group reported strong quarterly results, beating analyst estimates for both EPS and revenue, and has declared a quarterly dividend of $0.43 per share.
3 Small-Cap Stocks We Approach with Caution
This article identifies three small-cap stocks—Selective Insurance Group (SIGI), PROG Holdings (PRG), and Hercules Capital (HTGC)—that StockStory advises investors to approach with caution due to various financial performance issues and risks. For each company, the article highlights specific concerns such as revenue decline, decreased efficiency, lack of profitability growth, flat sales, and high net-debt-to-EBITDA ratios. It suggests readers review free research reports for more detailed analysis on why these stocks might be poor investment choices.
How Stronger Earnings and Capital Returns At Selective Insurance Group (SIGI) Have Changed Its Investment Story
Selective Insurance Group (SIGI) reported increased second-quarter revenue and net income in July 2026, alongside declaring dividends and completing a share repurchase program. These results suggest improved profitability and continued capital returns, influencing the company's investment narrative positively. However, investors are cautioned about the ongoing risks of rising casualty claim severities and reserve uncertainty despite the recent strong performance.
Lazard Asset Management LLC Increases Stock Holdings in Selective Insurance Group, Inc. $SIGI
Lazard Asset Management LLC significantly increased its stake in Selective Insurance Group, Inc. (NASDAQ:SIGI) by 176.4% in the first quarter, now holding 50,809 shares valued at $3.83 million. The company reported strong Q2 earnings of $1.95 per share and revenue of $1.39 billion, both exceeding analyst expectations. Despite several price target increases, analysts maintain a "Hold" rating for SIGI, with a consensus price target of $100.33.
Selective Insurance Group Insiders Sold US$1.8m Of Shares Suggesting Hesitancy
The article discusses recent insider selling activity at Selective Insurance Group, where insiders sold US$1.8 million worth of shares over the past year. This selling could suggest that some insiders believe the stock price has reached its peak, even though the selling was not significantly higher than buying activities in the same period. The analysis also covers the company's valuation and performance.
SIGI|Selective Insurance Group Inc|Price:94.790|Chg%:+0.130
This article provides a comprehensive stock analysis of Selective Insurance Group Inc (SIGI), highlighting its strong fundamentals, high growth potential, and relatively fair valuation. It notes that the company has consistent revenue and profit growth, pays high and stable dividends, and shows high institutional ownership. Analysts currently rate the stock as "Hold" with a target price of 100.86, suggesting an upward trend in the medium term.
Trade Alert: Executive VP Of Selective Insurance Group Michael Lanza Has Sold Stock
Michael Lanza, Executive VP of Selective Insurance Group, recently sold US$1.6 million worth of stock, representing 51% of his total holding. Over the last year, insiders have sold more shares than they've bought, with total sales reaching US$1.8 million. While the company is profitable and growing, low insider ownership makes this a cautious signal for potential investors.
