Personal CFO Solutions LLC grew its stake in shares of The Allstate Corporation (NYSE:ALL – Free Report) by 318.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,113 shares of the insurance provider’s stock after acquiring an additional 3,890 shares during the quarter. Personal CFO Solutions LLC’s holdings in Allstate were worth $1,066,000 as of its most recent SEC filing.
Several other large investors also recently modified their holdings of the company. MV Capital Management Inc. bought a new stake in shares of Allstate during the 4th quarter valued at about $25,000. Navalign LLC bought a new position in Allstate in the 4th quarter worth $27,000. Dorato Capital Management purchased a new stake in shares of Allstate during the fourth quarter worth about $27,000. Evolution Wealth Management Inc. grew its holdings in Allstate by 7,000.0% during the 1st quarter. Evolution Wealth Management Inc. now owns 142 shares of the insurance provider’s stock valued at $29,000 after buying an additional 140 shares in the last quarter. Finally, Palisade Asset Management LLC bought a new stake in shares of Allstate in the third quarter worth about $31,000. Institutional investors own 76.47% of the company’s stock.
Insider Transactions at Allstate
In other Allstate news, COO Mario Rizzo sold 18,578 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $218.80, for a total value of $4,064,866.40. Following the transaction, the chief operating officer owned 82,227 shares of the company’s stock, valued at $17,991,267.60. This represents a 18.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Andrea Redmond sold 2,225 shares of the company’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $202.91, for a total transaction of $451,474.75. Following the completion of the transaction, the director directly owned 2,225 shares in the company, valued at $451,474.75. The trade was a 50.00% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 22,353 shares of company stock worth $4,851,560. 1.55% of the stock is currently owned by company insiders.
Allstate Stock Performance
Allstate (NYSE:ALL – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The insurance provider reported $10.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.31 by $3.34. Allstate had a net margin of 17.81% and a return on equity of 42.66%. The firm had revenue of $16.94 billion during the quarter, compared to analysts’ expectations of $15.24 billion. During the same period last year, the business earned $3.53 earnings per share. Allstate’s revenue was up 3.0% compared to the same quarter last year. On average, research analysts anticipate that The Allstate Corporation will post 29.8 earnings per share for the current year.
Allstate Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Monday, August 31st will be paid a $1.08 dividend. This represents a $4.32 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend is Monday, August 31st. Allstate’s dividend payout ratio is 9.53%.
Key Stories Impacting Allstate
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
Analyst Upgrades and Downgrades
A number of equities analysts have recently commented on the company. Weiss Ratings reiterated a “buy (a-)” rating on shares of Allstate in a report on Thursday, June 18th. Zacks Research downgraded Allstate from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 7th. Mizuho reduced their target price on Allstate from $281.00 to $265.00 and set an “outperform” rating on the stock in a research report on Friday, March 20th. Wall Street Zen upgraded Allstate from a “hold” rating to a “buy” rating in a research note on Saturday, July 4th. Finally, HSBC lowered Allstate from a “buy” rating to a “hold” rating and lifted their price objective for the company from $244.00 to $264.00 in a research note on Monday. Three investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Allstate presently has an average rating of “Moderate Buy” and an average target price of $245.95.
Check Out Our Latest Report on Allstate
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.
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