Selective Insurance Group, Inc. $SIGI Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC trimmed its holdings in Selective Insurance Group, Inc. (NASDAQ:SIGI) by 72.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 44,078 shares of the insurance provider’s stock after selling 114,694 shares during the period. Mutual of America Capital Management LLC’s holdings in Selective Insurance Group were worth $3,573,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. First Horizon Corp purchased a new stake in shares of Selective Insurance Group during the 3rd quarter worth about $29,000. Amundi boosted its stake in shares of Selective Insurance Group by 398.7% in the first quarter. Amundi now owns 389 shares of the insurance provider’s stock valued at $36,000 after purchasing an additional 311 shares during the period. EverSource Wealth Advisors LLC boosted its position in Selective Insurance Group by 415.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 846 shares of the insurance provider’s stock valued at $73,000 after buying an additional 682 shares during the last quarter. Versant Capital Management Inc boosted its holdings in Selective Insurance Group by 362.1% in the third quarter. Versant Capital Management Inc now owns 901 shares of the insurance provider’s stock valued at $73,000 after purchasing an additional 706 shares during the last quarter. Finally, Signaturefd LLC boosted its stake in shares of Selective Insurance Group by 45.5% during the 2nd quarter. Signaturefd LLC now owns 979 shares of the insurance provider’s stock valued at $85,000 after buying an additional 306 shares during the last quarter. 82.88% of the stock is owned by hedge funds and other institutional investors.

Selective Insurance Group Price Performance

Shares of NASDAQ SIGI opened at $84.08 on Friday. The stock has a market cap of $5.08 billion, a P/E ratio of 11.23 and a beta of 0.24. The firm’s 50-day simple moving average is $82.03 and its 200 day simple moving average is $80.45. Selective Insurance Group, Inc. has a fifty-two week low of $71.75 and a fifty-two week high of $93.38. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 0.27.

Selective Insurance Group (NASDAQ:SIGI) last released its earnings results on Thursday, January 29th. The insurance provider reported $2.57 EPS for the quarter, beating the consensus estimate of $2.24 by $0.33. The firm had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.36 billion. Selective Insurance Group had a net margin of 8.74% and a return on equity of 14.49%. Selective Insurance Group’s quarterly revenue was up 8.6% on a year-over-year basis. During the same quarter last year, the company earned $1.62 EPS. Equities analysts expect that Selective Insurance Group, Inc. will post 7.62 EPS for the current year.

Selective Insurance Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Friday, February 13th will be given a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Friday, February 13th. Selective Insurance Group’s dividend payout ratio is 22.96%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Keefe, Bruyette & Woods dropped their price target on Selective Insurance Group from $82.00 to $81.00 and set a “market perform” rating on the stock in a research report on Tuesday, January 6th. Piper Sandler increased their price objective on shares of Selective Insurance Group from $76.00 to $79.00 and gave the stock a “neutral” rating in a report on Monday, December 22nd. BMO Capital Markets downgraded shares of Selective Insurance Group from an “outperform” rating to a “market perform” rating and set a $81.00 price objective on the stock. in a research report on Tuesday, October 28th. Zacks Research raised shares of Selective Insurance Group from a “strong sell” rating to a “hold” rating in a research note on Friday, October 3rd. Finally, Morgan Stanley raised their price target on shares of Selective Insurance Group from $70.00 to $72.00 and gave the company an “underweight” rating in a research note on Monday, November 17th. One analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $81.60.

Selective Insurance Group News Roundup

Here are the key news stories impacting Selective Insurance Group this week:

• Positive Sentiment: Q4 earnings beat consensus — SIGI reported $2.57 EPS vs. $2.24 expected and revenue roughly in line at $1.36B; EPS rose sharply year-over-year, supporting earnings upside expectations. Zacks: SIGI Beats Q4 Estimates
• Positive Sentiment: Underwriting and operations showed strength — operating income up ~59%, record net premiums written for 2025, improved combined ratio and higher investment income, which together point to better core profitability. Zacks: Solid Underwriting
• Positive Sentiment: Dividend declared — board approved a quarterly dividend of $0.43 per share (ex-dividend Feb 13; pay date Mar 2), signaling confidence in cash flow and capital position and supporting income-focused holders.
• Neutral Sentiment: Corporate governance bylaw update — the board announced updates to the company’s bylaws on Jan 29; details could matter to governance-focused investors but appear procedural for now. TipRanks: Governance Update
• Neutral Sentiment: Earnings call transcript and coverage available — management commentary (transcript) and multiple write-ups provide color on reserve development, pricing, and capital deployment; useful for investors parsing sustainability of the beat. Seeking Alpha: Q4 2025 Call Transcript

About Selective Insurance Group

Selective Insurance Group, Inc is an insurance holding company headquartered in Branchville, New Jersey. The organization traces its roots to a regional provider of property and casualty coverage and became a publicly traded holding company following its initial public offering in 1999. Since its formation, Selective has expanded through strategic acquisitions and organic growth initiatives to broaden its product offerings and strengthen its market position.

The company’s core business encompasses a broad range of property and casualty insurance products designed to serve both commercial and personal lines customers.