LaSalle St. Investment Advisors LLC Makes New Investment in The Allstate Corporation $ALL

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

A number of other institutional investors have also recently made changes to their positions in the business. Gables Capital Management Inc. purchased a new stake in Allstate during the 2nd quarter worth approximately $26,000. Allied Private Wealth LLC purchased a new position in Allstate in the second quarter valued at $29,000. Kelleher Financial Advisors acquired a new position in Allstate in the 2nd quarter worth about $28,000. MV Capital Management Inc. purchased a new position in shares of Allstate during the 4th quarter valued at approximately $25,000. Finally, Navalign LLC acquired a new position in Allstate during the fourth quarter worth $27,000. Institutional investors and hedge funds own 76.47% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on ALL shares. Wall Street Zen raised shares of Allstate from a “hold” rating to a “buy” rating in a research note on Monday, July 20th. HSBC cut shares of Allstate from a “buy” rating to a “hold” rating and increased their price objective for the stock from $244.00 to $264.00 in a research report on Monday, July 6th. Zacks Research raised Allstate from a “hold” rating to a “strong-buy” rating in a research report on Monday. Weiss Ratings upgraded shares of Allstate from a “buy (a-)” rating to a “buy (a)” rating in a research note on Thursday, August 6th. Finally, Mizuho boosted their price objective on shares of Allstate from $255.00 to $272.00 and gave the stock an “outperform” rating in a research report on Thursday, July 9th. Four equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, eight have issued a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $265.26.

Insider Buying and Selling at Allstate

In other news, Director Andrea Redmond sold 2,225 shares of the 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 transaction, the director directly owned 2,225 shares in the company, valued at $451,474.75. This represents a 50.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider John E. Dugenske sold 32,996 shares of Allstate stock in a transaction on 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 transaction, the insider owned 13,054 shares in the company, valued at approximately $3,515,833.82. This trade represents a 71.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 91,446 shares of company stock worth $24,208,675. Corporate insiders own 1.55% of the company’s stock.

Allstate Stock Down 2.1%

ALL opened at $254.29 on Friday. The stock has a market capitalization of $64.30 billion, a P/E ratio of 5.08, a P/E/G ratio of 0.40 and a beta of 0.16. The Allstate Corporation has a 12 month low of $188.08 and a 12 month high of $277.22. The business has a 50 day simple moving average of $249.69 and a 200-day simple moving average of $224.74. 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 announced its quarterly earnings results on Wednesday, August 5th. The insurance provider reported $8.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.06 by $2.93. The business had revenue of $18.60 billion during the quarter, compared to the consensus estimate of $15.46 billion. Allstate had a net margin of 18.97% and a return on equity of 41.64%. The business’s revenue was up 11.8% compared to the same quarter last year. During the same quarter last year, the firm posted $5.94 EPS. On average, equities analysts anticipate that The Allstate Corporation will post 34.5 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. Investors of record on Monday, August 31st will be paid a $1.08 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $4.32 annualized dividend and a yield of 1.7%. Allstate’s payout ratio is presently 8.63%.

More Allstate News

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

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.