EP Wealth Advisors LLC Takes $46.56 Million Position in The Allstate Corporation $ALL

EP Wealth Advisors LLC bought a new stake in The Allstate Corporation (NYSE:ALL) in the 2nd quarter, according to its most recent filing with the SEC. The fund bought 195,664 shares of the insurance provider’s stock, valued at approximately $46,556,000.

Other hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in Allstate during the second quarter valued at $5,439,448,000. Deutsche Bank AG acquired a new position in shares of Allstate in the second quarter worth about $1,008,648,000. Norges Bank acquired a new position in shares of Allstate in the fourth quarter worth about $531,294,000. Bank of New York Mellon Corp purchased a new stake in shares of Allstate during the 2nd quarter worth about $425,484,000. Finally, GQG Partners LLC boosted its stake in shares of Allstate by 36.0% during the 4th quarter. GQG Partners LLC now owns 5,488,560 shares of the insurance provider’s stock worth $1,142,449,000 after acquiring an additional 1,452,993 shares in the last quarter. 76.47% of the stock is owned by hedge funds and other institutional investors.

More Allstate News

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

Wall Street Analyst Weigh In

ALL has been the subject of several recent analyst reports. Raymond James Financial restated a “strong-buy” rating and issued a $315.00 price target on shares of Allstate in a research note on Tuesday, August 11th. UBS Group increased their price target on Allstate from $261.00 to $275.00 and gave the stock a “neutral” rating in a research report on Monday, August 10th. Zacks Research raised Allstate from a “hold” rating to a “strong-buy” rating in a report on Monday, August 17th. Piper Sandler upped their target price on Allstate from $268.00 to $300.00 and gave the stock an “overweight” rating in a research note on Monday, August 10th. Finally, Weiss Ratings raised Allstate from a “buy (a-)” rating to a “buy (a)” rating in a research note on Thursday, August 6th. Four investment 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 given a Sell rating to the company. According to MarketBeat, Allstate has a consensus rating of “Hold” and an average target price of $265.26.

Allstate Stock Down 0.3%

ALL stock opened at $253.82 on Friday. The Allstate Corporation has a 52 week low of $188.08 and a 52 week high of $277.22. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 0.24. The firm has a 50-day simple moving average of $250.34 and a 200-day simple moving average of $224.95. The stock has a market capitalization of $64.18 billion, a P/E ratio of 5.07, a P/E/G ratio of 0.39 and a beta of 0.16.

Allstate (NYSE:ALL) last issued 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 firm had revenue of $18.60 billion for the quarter, compared to analyst estimates of $15.46 billion. During the same period last year, the company posted $5.94 EPS. Allstate’s quarterly revenue was up 11.8% compared to the same quarter last year. Equities analysts forecast that The Allstate Corporation will post 34.45 earnings per share 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 issued a dividend of $1.08 per share. 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 is presently 8.63%.

Insider Activity

In other news, Director Andrea Redmond sold 2,225 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $202.91, for a total value of $451,474.75. Following the transaction, the director owned 2,225 shares in the company, valued at $451,474.75. This trade represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, COO Mario Rizzo sold 56,225 shares of Allstate stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $264.48, for a total value of $14,870,388.00. Following the completion of the sale, the chief operating officer directly owned 82,227 shares in the company, valued at $21,747,396.96. This represents a 40.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 91,446 shares of company stock worth $24,208,675 over the last quarter. 1.55% of the stock is currently owned by corporate insiders.

Allstate Company 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.