Forum Financial Management LP Lowers Stock Holdings in The Allstate Corporation $ALL

Forum Financial Management LP trimmed its position in The Allstate Corporation (NYSE:ALL) by 23.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 16,317 shares of the insurance provider’s stock after selling 4,878 shares during the period. Forum Financial Management LP’s holdings in Allstate were worth $3,396,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of ALL. Asset Management One Co. Ltd. raised its stake in Allstate by 1.3% in the fourth quarter. Asset Management One Co. Ltd. now owns 118,592 shares of the insurance provider’s stock valued at $24,744,000 after purchasing an additional 1,473 shares in the last quarter. HCR Wealth Advisors raised its stake in Allstate by 1.5% in the fourth quarter. HCR Wealth Advisors now owns 10,068 shares of the insurance provider’s stock valued at $2,096,000 after purchasing an additional 153 shares in the last quarter. OLD Second National Bank of Aurora raised its stake in Allstate by 2,047.2% in the fourth quarter. OLD Second National Bank of Aurora now owns 5,046 shares of the insurance provider’s stock valued at $1,050,000 after purchasing an additional 4,811 shares in the last quarter. SMART Wealth LLC purchased a new stake in Allstate in the fourth quarter valued at approximately $245,000. Finally, Merit Financial Group LLC raised its stake in Allstate by 130.8% in the fourth quarter. Merit Financial Group LLC now owns 20,193 shares of the insurance provider’s stock valued at $4,203,000 after purchasing an additional 11,443 shares in the last quarter. 76.47% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on ALL. Zacks Research downgraded shares of Allstate from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 7th. Barclays raised their target price on shares of Allstate from $207.00 to $208.00 and gave the company an “underweight” rating in a research note on Wednesday, April 8th. Wells Fargo & Company raised their target price on shares of Allstate from $227.00 to $229.00 and gave the company an “equal weight” rating in a research note on Thursday, April 9th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $231.00 target price on shares of Allstate in a research note on Thursday, March 5th. Finally, Keefe, Bruyette & Woods raised their target price on shares of Allstate from $254.00 to $260.00 and gave the company an “outperform” rating in a research note on Tuesday, February 10th. Three equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Allstate presently has a consensus rating of “Moderate Buy” and a consensus price target of $238.65.

More Allstate News

Here are the key news stories impacting Allstate this week:

• Positive Sentiment: Allstate rolled out free identity‑theft protection to millions of customers (starting in 14 states), a differentiator that can increase customer value and retention. Allstate becomes the first major insurance provider to roll out free identity theft protection
• Positive Sentiment: Analyst tools (Zacks Earnings ESP) flagged Allstate as a finance stock that could beat upcoming earnings, supporting upside expectations. These 2 Finance Stocks Could Beat Earnings: Why They Should Be on Your Radar
• Positive Sentiment: Institutional buying was reported (BCS Wealth Management added shares), a signal of continued investor interest. BCS Wealth Management Buys Shares of 2,508 The Allstate Corporation $ALL
• Positive Sentiment: Shares recently hit an all‑time high, reflecting strong market momentum following recent earnings and valuation re-rating. Allstate stock hits all-time high of $216.84 USD
• Neutral Sentiment: MarketWatch notes the stock rose but still lags broader market performance, signaling mixed relative strength. Allstate Corp. stock rises Friday, still underperforms market
• Neutral Sentiment: Coverage questioning whether it’s “too late” to buy after Allstate’s multi‑year run highlights valuation and timing debate among investors. Is It Too Late To Consider Allstate (ALL) After Its Strong Multi Year Share Price Run?
• Neutral Sentiment: Local real‑estate/legal developments around Allstate’s empty campus are unlikely to move fundamentals but add headline noise. Allstate’s Empty Campus May Rejoin South Barrington In High-Stakes Land Fight
• Negative Sentiment: Allstate booked sizable catastrophe losses for March (~$925M; ~$731M after‑tax) and estimates about $1.24B in Q1 cat losses — a near‑term drag on underwriting and quarterly results. Allstate estimates $1.24bn Q1’26 cat losses with March contributing $925m

Allstate Trading Up 1.2%

ALL stock opened at $216.46 on Friday. The company has a market capitalization of $55.90 billion, a PE ratio of 5.67, a price-to-earnings-growth ratio of 0.43 and a beta of 0.22. The Allstate Corporation has a one year low of $184.62 and a one year high of $219.48. The company’s 50 day moving average price is $208.66 and its two-hundred day moving average price is $205.52. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.37 and a current ratio of 0.37.

Allstate (NYSE:ALL) last posted its quarterly earnings results on Wednesday, February 4th. The insurance provider reported $14.31 EPS for the quarter, topping the consensus estimate of $8.72 by $5.59. The firm had revenue of $17.35 billion for the quarter, compared to the consensus estimate of $17.23 billion. Allstate had a net margin of 15.19% and a return on equity of 39.20%. The business’s revenue was up 5.1% compared to the same quarter last year. During the same period last year, the firm posted $7.67 earnings per share. As a group, analysts predict that The Allstate Corporation will post 18.74 earnings per share for the current fiscal year.

Allstate Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Monday, March 2nd were paid a dividend of $1.08 per share. This represents a $4.32 annualized dividend and a dividend yield of 2.0%. This is a boost from Allstate’s previous quarterly dividend of $1.00. The ex-dividend date of this dividend was Monday, March 2nd. Allstate’s payout ratio is 11.31%.

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.