241,483 Shares in The Allstate Corporation $ALL Purchased by NFJ Investment Group LLC

NFJ Investment Group LLC bought a new position in The Allstate Corporation (NYSE:ALL) during the second quarter, Holdings Channel reports. The institutional investor bought 241,483 shares of the insurance provider’s stock, valued at approximately $57,458,000. Allstate comprises about 1.9% of NFJ Investment Group LLC’s portfolio, making the stock its 10th largest position.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Coldstream Capital Management Inc. lifted its holdings in shares of Allstate by 0.6% in the 4th quarter. Coldstream Capital Management Inc. now owns 7,809 shares of the insurance provider’s stock worth $1,625,000 after purchasing an additional 50 shares during the last quarter. Compound Planning Inc. boosted its position in Allstate by 1.6% during the 4th quarter. Compound Planning Inc. now owns 3,216 shares of the insurance provider’s stock valued at $669,000 after purchasing an additional 50 shares during the period. Cullen Frost Bankers Inc. grew its stake in Allstate by 0.9% during the 4th quarter. Cullen Frost Bankers Inc. now owns 5,815 shares of the insurance provider’s stock worth $1,210,000 after buying an additional 52 shares during the last quarter. Root Financial Partners LLC increased its position in Allstate by 4.7% in the first quarter. Root Financial Partners LLC now owns 1,170 shares of the insurance provider’s stock worth $243,000 after buying an additional 53 shares during the period. Finally, Montag A & Associates Inc. boosted its holdings in shares of Allstate by 10.2% during the fourth quarter. Montag A & Associates Inc. now owns 596 shares of the insurance provider’s stock valued at $125,000 after acquiring an additional 55 shares during the period. 76.47% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently commented on ALL. Keefe, Bruyette & Woods restated an “underperform” rating and set a $250.00 price target (down from $255.00) on shares of Allstate in a research report on Thursday. Roth Capital set a $300.00 price objective on shares of Allstate in a research report on Thursday, August 6th. UBS Group boosted their target price on shares of Allstate from $261.00 to $275.00 and gave the company a “neutral” rating in a research note on Monday, August 10th. Cantor Fitzgerald upped their target price on shares of Allstate from $236.00 to $242.00 and gave the stock a “neutral” rating in a research report on Thursday, July 9th. Finally, Piper Sandler raised their price target on shares of Allstate from $268.00 to $300.00 and gave the company an “overweight” rating in a research note on Monday, August 10th. Four analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, eight have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Allstate currently has a consensus rating of “Hold” and a consensus price target of $265.26.

Insider Buying and Selling

In related news, COO Mario Rizzo sold 56,225 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $264.48, for a total transaction of $14,870,388.00. Following the sale, the chief operating officer owned 82,227 shares of the company’s stock, valued at $21,747,396.96. The trade was a 40.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Andrea Redmond sold 2,225 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $202.91, for a total value of $451,474.75. Following the completion of the sale, the director owned 2,225 shares of the company’s stock, valued at $451,474.75. This trade represents a 50.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 91,446 shares of company stock valued at $24,208,675 over the last quarter. Corporate insiders own 1.55% of the company’s stock.

Allstate Price Performance

Shares of ALL opened at $254.29 on Friday. The Allstate Corporation has a one year low of $188.08 and a one year high of $277.22. The stock’s fifty day moving average is $249.69 and its 200-day moving average is $224.74. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.36 and a current ratio of 0.36. The firm has a market capitalization of $64.30 billion, a price-to-earnings ratio of 5.08, a price-to-earnings-growth ratio of 0.40 and a beta of 0.16.

Allstate (NYSE:ALL) last posted its quarterly earnings data on Wednesday, August 5th. The insurance provider reported $8.99 earnings per share for the quarter, topping the consensus estimate of $6.06 by $2.93. The business had revenue of $18.60 billion during the quarter, compared to the consensus estimate of $15.46 billion. Allstate had a net margin of 18.97% and a return on equity of 41.64%. The company’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $5.94 earnings per share. Equities analysts anticipate that The Allstate Corporation will post 34.5 EPS for the current year.

Allstate Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Monday, August 31st will be paid a dividend of $1.08 per share. This represents a $4.32 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Monday, August 31st. Allstate’s dividend payout ratio (DPR) is currently 8.63%.

Key Headlines Impacting Allstate

Here are the key news stories impacting Allstate this week:

• Positive Sentiment: Long-term earnings estimates increased. Zacks Research raised its EPS forecasts for Q1 2027, Q4 2027, Q1 2028 and Q2 2028, while maintaining a “Strong-Buy” rating. The revisions suggest analysts expect Allstate’s underlying insurance profitability and earnings growth to remain strong. MarketBeat Allstate analyst estimates
• Positive Sentiment: Zacks upgraded Allstate from “Hold” to “Strong-Buy.” The upgrade reinforces the constructive view on the insurer’s valuation and earnings outlook, particularly following its recent quarterly performance, which exceeded consensus expectations. Zacks Allstate upgrade
• Neutral Sentiment: A customer complaint could create limited reputational risk. A Maple Heights homeowner alleged that Allstate would not pay to repair hail damage. The report concerns an individual claim and does not indicate a material financial impact, but insurance-claim disputes can attract negative attention. Maple Heights Allstate hail damage report
• Negative Sentiment: July catastrophe losses totaled $682 million before tax, or $539 million after tax. Allstate’s pre-tax catastrophe losses for the current aggregate year reached approximately $2.402 billion after July. The elevated claims burden may pressure near-term underwriting results and earnings, making this the most important negative catalyst. Allstate July 2026 monthly release
• Negative Sentiment: Keefe, Bruyette & Woods reaffirmed its “Underperform” rating and cut its price target to $250 from $255. The lower target reflects continued caution about Allstate’s near-term risk-reward profile, despite the company’s favorable longer-term earnings revisions. Benzinga Allstate analyst action

Allstate Company Profile

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.