Qsemble Capital Management LP Boosts Stock Holdings in The Allstate Corporation $ALL

Qsemble Capital Management LP raised its holdings in The Allstate Corporation (NYSE:ALL) by 517.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,281 shares of the insurance provider’s stock after purchasing an additional 22,863 shares during the period. Qsemble Capital Management LP’s holdings in Allstate were worth $5,679,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of ALL. Brighton Jones LLC boosted its position in shares of Allstate by 60.2% in the fourth quarter. Brighton Jones LLC now owns 6,500 shares of the insurance provider’s stock valued at $1,253,000 after acquiring an additional 2,443 shares during the period. Revolve Wealth Partners LLC bought a new position in shares of Allstate in the fourth quarter valued at approximately $231,000. WINTON GROUP Ltd bought a new position in shares of Allstate in the second quarter valued at approximately $210,000. Treasurer of the State of North Carolina boosted its position in shares of Allstate by 2.5% in the second quarter. Treasurer of the State of North Carolina now owns 123,272 shares of the insurance provider’s stock valued at $24,816,000 after acquiring an additional 3,051 shares during the period. Finally, Ieq Capital LLC boosted its position in shares of Allstate by 20.1% in the second quarter. Ieq Capital LLC now owns 38,316 shares of the insurance provider’s stock valued at $7,713,000 after acquiring an additional 6,412 shares during the period. 76.47% of the stock is currently owned by institutional investors.

Key Allstate News

Here are the key news stories impacting Allstate this week:

• Positive Sentiment: Multiple Zacks Research reports raised Allstate’s earnings estimates for 2026 through 2028, signaling improved profit expectations. Allstate estimates raised
• Positive Sentiment: A bullish analysis said market worries about auto margin pressure are likely overstated, citing resilient underwriting results and strong recent earnings. Seeking Alpha: Allstate market fears of an auto crash are unfounded
• Neutral Sentiment: Josh Brown also highlighted an insurance stock breakout, adding to the broader positive sentiment around the insurance group, though the note was not specific to operating fundamentals. MSN article on insurance breakout
• Negative Sentiment: One Zacks note trimmed FY2027 and FY2028 estimates for later periods relative to some earlier forecasts, which could temper enthusiasm for long-term growth. Allstate analyst estimate changes

Insider Buying and Selling

In related news, COO Mario Rizzo sold 18,578 shares of the stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $218.80, for a total transaction of $4,064,866.40. Following the sale, the chief operating officer directly owned 82,227 shares of the company’s stock, valued at approximately $17,991,267.60. This represents a 18.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.55% of the company’s stock.

Allstate Stock Up 0.4%

Shares of NYSE ALL opened at $217.42 on Friday. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 0.25. The Allstate Corporation has a 52 week low of $188.08 and a 52 week high of $222.23. The firm’s fifty day moving average is $211.19 and its 200 day moving average is $207.07. The company has a market cap of $55.97 billion, a price-to-earnings ratio of 4.80, a PEG ratio of 0.39 and a beta of 0.21.

Allstate (NYSE:ALL) last issued its quarterly earnings data on Wednesday, April 29th. The insurance provider reported $10.65 EPS for the quarter, topping the consensus estimate of $7.31 by $3.34. Allstate had a net margin of 17.81% and a return on equity of 42.66%. The business had revenue of $16.94 billion during the quarter, compared to analyst estimates of $15.24 billion. During the same period in the prior year, the business earned $3.53 EPS. The company’s revenue for the quarter was up 3.0% on a year-over-year basis. On average, equities research analysts expect that The Allstate Corporation will post 29.22 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Wells Fargo & Company raised their price objective on shares of Allstate from $229.00 to $243.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. Wall Street Zen lowered shares of Allstate from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Citigroup lifted their target price on shares of Allstate from $221.00 to $226.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Cantor Fitzgerald reiterated a “neutral” rating and set a $220.00 target price on shares of Allstate in a research report on Thursday, February 5th. Finally, Mizuho dropped their target price on shares of Allstate from $281.00 to $265.00 and set an “outperform” rating for the company in a research report on Friday, March 20th. Three research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $241.67.

About Allstate

Allstate Corporation is a publicly traded insurance company headquartered in Northbrook, Illinois, and is one of the largest personal lines property and casualty insurers in the United States. Founded in 1931 as a subsidiary of Sears, Roebuck and Co, Allstate has grown into a diversified insurer that serves millions of consumers and businesses through a mix of distribution channels and product offerings.

The company underwrites a broad range of insurance products, with primary emphasis on auto and homeowners coverage.