Bridgewater Advisors Inc. Acquires Shares of 1,924 The Allstate Corporation $ALL

Bridgewater Advisors Inc. bought a new position in The Allstate Corporation (NYSE:ALL) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 1,924 shares of the insurance provider’s stock, valued at approximately $501,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Coldstream Capital Management Inc. increased its holdings in Allstate by 0.6% during 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 period. Compound Planning Inc. grew its position in shares of Allstate by 1.6% during the 4th quarter. Compound Planning Inc. now owns 3,216 shares of the insurance provider’s stock worth $669,000 after buying an additional 50 shares in the last quarter. Cullen Frost Bankers Inc. grew its position in shares of 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 in the last quarter. Root Financial Partners LLC increased its stake in shares of Allstate by 4.7% during the first quarter. Root Financial Partners LLC now owns 1,170 shares of the insurance provider’s stock valued at $243,000 after buying an additional 53 shares during the period. Finally, Montag A & Associates Inc. raised its holdings in shares of Allstate by 10.2% in 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 in the last quarter. Institutional investors own 76.47% of the company’s stock.

Insider Activity

In other news, Director Andrea Redmond sold 2,225 shares of the company’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $202.91, for a total transaction of $451,474.75. Following the transaction, 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. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider John E. Dugenske sold 32,996 shares of the stock in a transaction on Friday, August 7th. The shares were sold at an average price of $269.33, for a total value of $8,886,812.68. Following the sale, the insider owned 13,054 shares of the company’s stock, valued at approximately $3,515,833.82. This represents a 71.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 92,996 shares of company stock valued at $24,543,894 over the last three months. Company insiders own 1.55% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on ALL shares. Weiss Ratings upgraded shares of Allstate from a “buy (a-)” rating to a “buy (a)” rating in a report on Thursday, August 6th. The Goldman Sachs Group reiterated a “neutral” rating and set a $280.00 price objective on shares of Allstate in a research note on Friday, August 7th. Wall Street Zen raised shares of Allstate from a “hold” rating to a “buy” rating in a report on Monday, July 20th. JPMorgan Chase & Co. boosted their price objective on shares of Allstate from $282.00 to $292.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 11th. Finally, Piper Sandler upped their target price on Allstate from $268.00 to $300.00 and gave the stock an “overweight” rating in a report on Monday, August 10th. Three equities 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’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $265.53.

Allstate Stock Performance

ALL stock opened at $261.26 on Friday. The firm has a market cap of $66.06 billion, a price-to-earnings ratio of 5.22, a PEG ratio of 0.41 and a beta of 0.16. The firm has a 50-day simple moving average of $246.52 and a two-hundred day simple moving average of $222.83. The Allstate Corporation has a one year low of $188.08 and a one year high of $277.22. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.36 and a current ratio of 0.36.

Allstate (NYSE:ALL) last released its quarterly earnings results on Wednesday, August 5th. The insurance provider reported $8.99 earnings per share for the quarter, beating analysts’ consensus estimates of $6.06 by $2.93. Allstate had a net margin of 18.97% and a return on equity of 41.64%. The business had revenue of $15.43 billion for the quarter, compared to analysts’ expectations of $15.46 billion. During the same period last year, the business earned $5.94 EPS. The company’s 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 fiscal year.

Allstate Announces Dividend

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

Allstate News Summary

Here are the key news stories impacting Allstate this week:

• Positive Sentiment: Analyst earnings estimates were raised. Dowling & Partners increased its FY2026 EPS estimate for Allstate to $35.50 from $30.50, reinforcing expectations for continued profitability. FY2026 EPS estimates article
• Positive Sentiment: JPMorgan reportedly expects further upside. The analyst maintained an overweight rating and raised its price target to $292 from $282, supporting the bullish case following Allstate’s recent earnings beat. JPMorgan analyst article
• Positive Sentiment: Allstate is investing in quantum computing. CEO Tom Wilson said the insurer plans to expand its current 10-person quantum team so it can build expertise and potentially gain a competitive advantage as the technology matures. The investment is strategically positive, although financial benefits are likely long term. Allstate quantum computing article
• Positive Sentiment: Claims operations are receiving additional investment. Allstate opened a 33,000-square-foot training campus in Dallas for its 23,000 claims professionals. Improved claims accuracy and customer service could support retention and operating efficiency. Allstate Claims University announcement
• Neutral Sentiment: Recent earnings remain a major backdrop. Allstate’s latest quarter produced $8.99 in EPS versus the $6.06 consensus estimate, while revenue rose 11.8% year over year to $15.43 billion. However, the stock is trading near its 52-week high, increasing sensitivity to any signs that profitability may moderate.
• Negative Sentiment: Insiders sold substantial holdings. COO Mario Rizzo sold 56,225 shares for approximately $14.9 million, reducing his direct position by 40.6%. Separate reports also disclosed a sizable sale by John Dugenske, potentially weighing on investor sentiment. Allstate insider sales article
• Negative Sentiment: Allstate lost an Ontario coverage challenge. Definity prevailed in court over Allstate’s excluded-driver coverage position, creating a potential legal and claims-related concern in the Canadian market. Ontario court coverage challenge article
• Negative Sentiment: Valuation concerns remain. One analysis argues Allstate’s share price assumes a 94.1% combined ratio that the company has never sustained, raising questions about whether its recent operating returns can persist.

Allstate 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.