Insider Selling: Allstate (NYSE:ALL) Insider Sells $8,886,812.68 in Stock

The Allstate Corporation (NYSE:ALL) insider John Dugenske sold 32,996 shares of Allstate stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $269.33, for a total value of $8,886,812.68. Following the sale, the insider directly owned 13,054 shares of the company’s stock, valued at approximately $3,515,833.82. The trade was a 71.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Allstate Stock Performance

Shares of NYSE ALL opened at $260.94 on Friday. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.36 and a quick ratio of 0.36. The stock’s fifty day moving average price is $245.71 and its two-hundred day moving average price is $222.56. The Allstate Corporation has a one year low of $188.08 and a one year high of $277.22. The firm has a market cap of $65.98 billion, a price-to-earnings ratio of 5.21, a P/E/G 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. Allstate had a return on equity of 41.64% and a net margin of 18.97%.The firm had revenue of $15.43 billion for the quarter, compared to analysts’ expectations of $15.46 billion. During the same quarter last year, the business earned $5.94 EPS. The company’s quarterly revenue was up 11.8% compared to the same quarter last year. On average, equities analysts forecast that The Allstate Corporation will post 33.92 EPS for the current year.

Allstate Dividend Announcement

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

Institutional Trading of Allstate

Institutional investors and hedge funds have recently made changes to their positions in the company. MV Capital Management Inc. bought a new position in Allstate in the fourth quarter valued at approximately $25,000. Gables Capital Management Inc. acquired a new position in Allstate during the second quarter valued at approximately $26,000. Navalign LLC bought a new stake in Allstate during the fourth quarter worth $27,000. Kelleher Financial Advisors acquired a new stake in shares of Allstate in the 2nd quarter valued at $28,000. Finally, Evolution Wealth Management Inc. boosted its holdings in shares of Allstate by 7,000.0% in the 1st quarter. Evolution Wealth Management Inc. now owns 142 shares of the insurance provider’s stock valued at $29,000 after purchasing an additional 140 shares in the last quarter. Institutional investors own 76.47% of the company’s stock.

Key Headlines Impacting Allstate

Here are the key news stories impacting Allstate this week:

• Positive Sentiment: Allstate opened a new claims-training campus in Dallas. The 33,000-square-foot Allstate Claims University will train the company’s 23,000 claims professionals, who handle approximately 8.5 million claims annually. Management says the investment should improve damage assessment and customer service, potentially supporting operating efficiency and claims quality. Allstate Claims University announcement
• Positive Sentiment: Analyst expectations remain supportive. JPMorgan reportedly expects further appreciation in Allstate’s stock, while Dowling & Partners raised its FY2026 EPS estimate to $35.50 from $30.50 and its FY2027 estimate to $25.50 from $24.00. The revisions reinforce optimism following Allstate’s recent earnings beat, although some longer-term estimates remain below near-term expectations. JPMorgan Allstate price outlook
• Neutral Sentiment: Allstate’s broader AI and employee-development initiatives are receiving attention. These efforts could improve productivity and customer service over time, but their effect on earnings is not yet quantifiable. Allstate AI and mentorship article
• Negative Sentiment: An Ontario court rejected Allstate’s challenge involving excluded-driver coverage. The decision represents an adverse legal outcome in Canada and could limit Allstate’s position in the coverage dispute, though the immediate financial impact was not disclosed. Ontario excluded-driver coverage court ruling
• Negative Sentiment: Two Allstate insiders sold sizable positions. COO Mario Rizzo sold 56,225 shares for approximately $14.9 million, reducing his holdings by 40.6%. John Dugenske separately sold 32,996 shares worth about $8.9 million, cutting his position by 71.7%. Although insider sales may reflect personal financial planning, their size can weigh on investor sentiment. Allstate insider transactions

Analyst Ratings Changes

A number of research firms have issued reports on ALL. Mizuho boosted their price objective on shares of Allstate from $255.00 to $272.00 and gave the company an “outperform” rating in a report on Thursday, July 9th. JPMorgan Chase & Co. raised their target price on shares of Allstate from $282.00 to $292.00 and gave the stock an “overweight” rating in a report on Tuesday. The Goldman Sachs Group reiterated a “neutral” rating and issued a $280.00 price target on shares of Allstate in a research report on Friday, August 7th. Cantor Fitzgerald boosted their price target on Allstate from $236.00 to $242.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. Finally, Barclays increased their price target on Allstate from $213.00 to $226.00 and gave the stock an “underweight” rating in a research report on Thursday, August 6th. Three research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, Allstate presently has a consensus rating of “Hold” and a consensus target price of $265.53.

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.