Demars Financial Group LLC Invests $514,000 in The Allstate Corporation $ALL

Demars Financial Group LLC bought a new position in The Allstate Corporation (NYSE:ALL) during the first quarter, according to its most recent filing with the SEC. The firm bought 2,480 shares of the insurance provider’s stock, valued at approximately $514,000.

Several other hedge funds have also bought and sold shares of ALL. State Street Corp increased its position in shares of Allstate by 3.7% during the fourth quarter. State Street Corp now owns 12,297,551 shares of the insurance provider’s stock worth $2,571,600,000 after acquiring an additional 438,034 shares in the last quarter. GQG Partners LLC lifted its position in Allstate by 36.0% in the 4th quarter. GQG Partners LLC now owns 5,488,560 shares of the insurance provider’s stock valued at $1,142,449,000 after acquiring an additional 1,452,993 shares in the last quarter. Franklin Resources Inc. boosted its stake in Allstate by 29.2% during the 4th quarter. Franklin Resources Inc. now owns 5,007,549 shares of the insurance provider’s stock valued at $1,042,321,000 after purchasing an additional 1,131,172 shares during the last quarter. Boston Partners boosted its stake in Allstate by 14.9% during the 3rd quarter. Boston Partners now owns 3,050,780 shares of the insurance provider’s stock valued at $654,652,000 after purchasing an additional 395,195 shares during the last quarter. Finally, Raymond James Financial Inc. increased its holdings in Allstate by 3.3% during the 2nd quarter. Raymond James Financial Inc. now owns 2,793,645 shares of the insurance provider’s stock worth $562,388,000 after purchasing an additional 88,620 shares in the last quarter. Institutional investors and hedge funds own 76.47% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on ALL. Citigroup increased their price objective on Allstate from $221.00 to $226.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. HSBC cut Allstate from a “buy” rating to a “hold” rating and lifted their target price for the company from $244.00 to $264.00 in a research report on Monday. Zacks Research lowered Allstate from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 7th. Weiss Ratings reissued a “buy (a-)” rating on shares of Allstate in a research report on Thursday, June 18th. Finally, Wells Fargo & Company raised their price objective on Allstate from $229.00 to $243.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. Three equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Allstate currently has an average rating of “Moderate Buy” and an average target price of $245.95.

Allstate Trading Down 0.1%

NYSE:ALL opened at $251.29 on Thursday. The Allstate Corporation has a 52 week low of $188.08 and a 52 week high of $257.67. The firm has a 50-day moving average price of $222.73 and a two-hundred day moving average price of $212.44. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.36 and a current ratio of 0.36. The firm has a market cap of $64.69 billion, a price-to-earnings ratio of 5.54, a price-to-earnings-growth ratio of 0.44 and a beta of 0.16.

Allstate (NYSE:ALL) last announced its earnings results on Wednesday, April 29th. The insurance provider reported $10.65 earnings per share for the quarter, topping analysts’ consensus estimates of $7.31 by $3.34. The firm had revenue of $16.94 billion for the quarter, compared to the consensus estimate of $15.24 billion. Allstate had a return on equity of 42.66% and a net margin of 17.81%.The company’s revenue was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.53 EPS. On average, equities analysts expect that The Allstate Corporation will post 29.8 earnings per share for the current fiscal year.

Allstate Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Monday, June 1st were issued 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 was Monday, June 1st. Allstate’s dividend payout ratio (DPR) is 9.53%.

Insiders Place Their Bets

In other Allstate news, insider Mark Q. Prindiville sold 1,550 shares of the company’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $216.27, for a total value of $335,218.50. Following the completion of the transaction, the insider owned 27,558 shares in the company, valued at $5,959,968.66. This represents a 5.32% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Andrea Redmond sold 2,225 shares of the firm’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $202.91, for a total value of $451,474.75. Following the sale, the director directly owned 2,225 shares of the company’s stock, valued at approximately $451,474.75. This represents a 50.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 22,353 shares of company stock valued at $4,851,560. Insiders own 1.55% of the company’s stock.

Allstate News Roundup

Here are the key news stories impacting Allstate this week:

• Positive Sentiment: Allstate announced a quarterly dividend of $1.08 per share, payable Oct. 1, 2026, which may support investor confidence in the company’s capital return profile. Allstate announces quarterly dividend payable Oct. 1, 2026
• Positive Sentiment: Keefe, Bruyette & Woods raised its price target on Allstate to $255 from $242, signaling somewhat improved valuation expectations. Allstate price target raised by Keefe, Bruyette & Woods
• Neutral Sentiment: Analysts are looking ahead to Allstate’s upcoming Q2 2026 earnings, with expectations for a double-digit profit decline, keeping attention on underwriting results and claim trends. What to Expect From Allstate Corporation’s Q2 2026 Earnings Report
• Negative Sentiment: Oklahoma sued Allstate over allegations that the insurer underpaid damage claims, adding legal and reputational risk tied to claims handling practices. Allstate Sued by Oklahoma for Alleged Scheme to Underpay Claims
• Negative Sentiment: Unusual options activity showed a sharp spike in put buying, suggesting some traders are positioning for downside protection or a near-term pullback. Allstate unusual options trading activity
• Negative Sentiment: Reports that Allstate is exiting Broadcom and alleging a “vengeful” license audit could indicate ongoing vendor or legal friction, though the direct stock impact is less clear. Allstate Insurance quits Broadcom

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.