Matters Capital LLC Buys New Position in The Allstate Corporation $ALL

Matters Capital LLC bought a new stake in The Allstate Corporation (NYSE:ALL) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 4,854 shares of the insurance provider’s stock, valued at approximately $1,155,000. Allstate makes up 0.8% of Matters Capital LLC’s portfolio, making the stock its 29th largest holding.

A number of other large investors have also recently bought and sold shares of ALL. BlackRock Inc. bought a new position in shares of Allstate during the 2nd quarter worth approximately $5,439,448,000. GQG Partners LLC acquired a new stake in shares of Allstate in the second quarter valued at approximately $1,245,710,000. Deutsche Bank AG bought a new stake in shares of Allstate in the second quarter worth $1,008,648,000. Norges Bank bought a new stake in shares of Allstate in the fourth quarter worth $531,294,000. Finally, Bank of New York Mellon Corp acquired a new position in Allstate during the second quarter worth $425,484,000. Institutional investors and hedge funds own 76.47% of the company’s stock.

Insider Transactions at Allstate

In related news, COO Mario Rizzo sold 56,225 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The shares were 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 approximately $21,747,396.96. This trade represents a 40.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Andrea Redmond sold 2,225 shares of Allstate stock in a transaction dated 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 of the company’s stock, valued at $451,474.75. The trade was a 50.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 91,446 shares of company stock worth $24,208,675 in the last ninety days. Insiders own 1.55% of the company’s stock.

Analyst Upgrades and Downgrades

ALL has been the subject of a number of analyst reports. Evercore set a $240.00 target price on shares of Allstate in a research report on Friday, July 10th. Weiss Ratings raised shares of Allstate from a “buy (a-)” rating to a “buy (a)” rating in a research report on Thursday, August 6th. Wells Fargo & Company downgraded shares of Allstate from an “equal weight” rating to an “underweight” rating and increased their price objective for the stock from $243.00 to $250.00 in a research note on Friday, August 7th. Citigroup cut Allstate from a “neutral” rating to a “sell” rating and raised their price objective for the company from $226.00 to $240.00 in a report on Tuesday, August 11th. Finally, Morgan Stanley set a $265.00 target price on Allstate in a research report on Tuesday, August 11th. Four equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, eight have issued a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $265.26.

Key Headlines Impacting Allstate

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

Allstate Trading Down 0.3%

NYSE ALL opened at $253.82 on Friday. The Allstate Corporation has a 12 month low of $188.08 and a 12 month high of $277.22. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 0.24. The stock has a 50 day moving average of $250.34 and a 200-day moving average of $224.95. The company has a market cap of $64.18 billion, a PE ratio of 5.07, a PEG ratio of 0.39 and a beta of 0.16.

Allstate (NYSE:ALL) last issued its earnings results on Wednesday, August 5th. The insurance provider reported $8.99 earnings per share for the quarter, topping 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 business had revenue of $18.60 billion for the quarter, compared to the consensus estimate of $15.46 billion. During the same period in the previous year, the company earned $5.94 earnings per share. The firm’s revenue for the quarter was up 11.8% on a year-over-year basis. On average, equities research analysts anticipate that The Allstate Corporation will post 34.45 EPS for the current fiscal year.

Allstate Announces Dividend

The company also recently disclosed 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. This represents a $4.32 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Monday, August 31st. Allstate’s dividend payout ratio (DPR) is 8.63%.

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.