LaSalle St. Investment Advisors LLC Invests $910,000 in The Allstate Corporation $ALL

LaSalle St. Investment Advisors LLC acquired a new stake in The Allstate Corporation (NYSE:ALL) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,826 shares of the insurance provider’s stock, valued at approximately $910,000.

Other hedge funds have also recently made changes to their positions in the company. Gables Capital Management Inc. bought a new stake in shares of Allstate in the 2nd quarter valued at $26,000. Allied Private Wealth LLC bought a new stake in shares of Allstate in the 2nd quarter worth $29,000. Kelleher Financial Advisors purchased a new stake in shares of Allstate during the second quarter valued at approximately $28,000. MV Capital Management Inc. purchased a new stake in Allstate during the fourth quarter worth about $25,000. Finally, Navalign LLC bought a new stake in shares of Allstate in the fourth quarter valued at $27,000. 76.47% of the stock is owned by institutional investors.

Allstate Trading Down 2.1%

ALL stock opened at $254.29 on Friday. The business has a 50 day simple moving average of $249.69 and a two-hundred day simple moving average of $224.74. The Allstate Corporation has a 1-year low of $188.08 and a 1-year high of $277.22. The company has a market capitalization of $64.30 billion, a price-to-earnings ratio of 5.08, a PEG ratio of 0.40 and a beta of 0.16. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.36 and a quick 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 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 business had revenue of $18.60 billion during the quarter, compared to analysts’ expectations of $15.46 billion. During the same quarter last year, the business posted $5.94 EPS. The firm’s revenue for the quarter was up 11.8% compared to the same quarter last year. Research analysts anticipate that The Allstate Corporation will post 34.5 EPS for the current fiscal year.

Allstate Dividend Announcement

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

Key Stories 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

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on ALL. Citigroup cut Allstate from a “neutral” rating to a “sell” rating and increased their price objective for the stock from $226.00 to $240.00 in a report on Tuesday, August 11th. Roth Capital set a $300.00 target price on Allstate in a research note on Thursday, August 6th. Cantor Fitzgerald increased their target price on shares of Allstate from $236.00 to $242.00 and gave the stock a “neutral” rating in a report on Thursday, July 9th. JPMorgan Chase & Co. upped their target price on Allstate from $282.00 to $292.00 and gave the stock an “overweight” rating in a report on Tuesday, August 11th. Finally, Piper Sandler increased their price objective on shares of Allstate from $268.00 to $300.00 and gave the company an “overweight” rating in a research report on Monday, August 10th. Four equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, eight have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, Allstate presently has an average rating of “Hold” and an average price target of $265.26.

Insiders Place Their Bets

In other news, COO Mario Rizzo sold 56,225 shares of the business’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $264.48, for a total transaction of $14,870,388.00. Following the completion of the sale, the chief operating officer directly owned 82,227 shares of the company’s stock, valued at approximately $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 can be accessed through this link. Also, insider John E. Dugenske sold 32,996 shares of the business’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $269.33, for a total transaction of $8,886,812.68. Following the completion of the sale, the insider directly owned 13,054 shares of the company’s stock, valued at approximately $3,515,833.82. This trade represents a 71.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 91,446 shares of company stock valued at $24,208,675 over the last 90 days. Insiders own 1.55% of the company’s stock.

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.