3,415 Shares in The Allstate Corporation $ALL Bought by Great Lakes Advisors LLC

Great Lakes Advisors LLC acquired a new stake in shares of The Allstate Corporation (NYSE:ALL) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 3,415 shares of the insurance provider’s stock, valued at approximately $813,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. BOK Financial Private Wealth Inc. purchased a new position in Allstate in the second quarter valued at about $50,000. Danske Bank A S purchased a new stake in shares of Allstate during the 2nd quarter worth about $3,628,000. Diversify Advisory Services LLC acquired a new stake in shares of Allstate during the 2nd quarter valued at about $2,469,000. Gables Capital Management Inc. acquired a new stake in shares of Allstate during the 2nd quarter valued at about $26,000. Finally, Wealthfront Advisers LLC bought a new stake in shares of Allstate in the 2nd quarter valued at approximately $11,083,000. Hedge funds and other institutional investors own 76.47% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on ALL. Roth Capital set a $300.00 price objective on Allstate in a report on Thursday, August 6th. JPMorgan Chase & Co. lifted their target price on shares of Allstate from $282.00 to $292.00 and gave the company an “overweight” rating in a research note on Tuesday, August 11th. Wells Fargo & Company downgraded shares of Allstate from an “equal weight” rating to an “underweight” rating and boosted their target price for the stock from $243.00 to $250.00 in a research report on Friday, August 7th. Wall Street Zen upgraded shares of Allstate from a “hold” rating to a “buy” rating in a research note on Monday, July 20th. Finally, Evercore set a $240.00 price target on shares of Allstate in a report on Friday, July 10th. Four investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, eight have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $265.26.

Allstate News Roundup

Here are the key news stories impacting Allstate this week:

• Positive Sentiment: Zacks Research raised several Allstate EPS forecasts, including estimates for Q3 2026, FY2027, FY2028, Q1 2027, Q4 2027 and Q2 2028. Zacks maintains a “Strong-Buy” rating, supporting the view that underwriting performance and earnings power may remain resilient. Allstate earnings estimates
• Positive Sentiment: A Zacks screen identified ALL as a high-return-on-equity, cash-rich stock that could appeal to investors seeking quality and financial strength during volatile markets. High-ROE stocks article
• Neutral Sentiment: Allstate opened a new Dallas auto laboratory to train claims adjusters on increasingly complex vehicle technology. The initiative could improve claims accuracy and customer service over time, but it is unlikely to materially affect near-term earnings. Allstate Dallas auto lab
• Negative Sentiment: Keefe, Bruyette & Woods downgraded ALL from “hold” to “moderate sell,” adding to investor caution around the stock’s valuation and outlook. Allstate analyst downgrade
• Negative Sentiment: Allstate estimated July catastrophe losses of $682 million pretax, or $539 million after tax. The losses bring pretax catastrophe costs for the current aggregate year to approximately $2.402 billion, creating pressure on underwriting margins and near-term earnings. Allstate July 2026 monthly release
• Negative Sentiment: Zacks Research lowered its Q2 2027 and Q4 2026 EPS estimates, indicating that analysts still see some periods of earnings pressure despite upward revisions elsewhere. Allstate earnings estimates

Insider Transactions at Allstate

In other news, Director Andrea Redmond sold 2,225 shares of the business’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 completion of the sale, the director directly owned 2,225 shares in the company, valued at approximately $451,474.75. The trade was a 50.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider John E. Dugenske sold 32,996 shares of the company’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $269.33, for a total transaction 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. This represents a 71.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 91,446 shares of company stock worth $24,208,675. 1.55% of the stock is owned by insiders.

Allstate Stock Performance

Shares of NYSE ALL opened at $253.82 on Friday. The business’s 50-day simple moving average is $250.34 and its 200-day simple moving average is $224.95. 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 Allstate Corporation has a 52 week low of $188.08 and a 52 week high of $277.22. The firm has a market cap of $64.18 billion, a price-to-earnings ratio of 5.07, a P/E/G ratio of 0.39 and a beta of 0.16.

Allstate (NYSE:ALL) last posted its earnings results 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 firm had revenue of $18.60 billion during the quarter, compared to analyst estimates of $15.46 billion. Allstate had a return on equity of 41.64% and a net margin of 18.97%.The company’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same period in the previous year, the company earned $5.94 EPS. As a group, equities research analysts expect that The Allstate Corporation will post 34.45 earnings per share for the current fiscal year.

Allstate Dividend Announcement

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

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.