PFA Pension Forsikringsaktieselskab purchased a new position in shares of The Allstate Corporation (NYSE:ALL - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 350,292 shares of the insurance provider's stock, valued at approximately $73,246,000. PFA Pension Forsikringsaktieselskab owned about 0.13% of Allstate at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also modified their holdings of ALL. South Plains Financial Inc. raised its holdings in Allstate by 41.5% in the third quarter. South Plains Financial Inc. now owns 167 shares of the insurance provider's stock valued at $36,000 after buying an additional 49 shares during the period. Humankind Investments LLC grew its stake in Allstate by 4.5% during the third quarter. Humankind Investments LLC now owns 1,191 shares of the insurance provider's stock worth $256,000 after buying an additional 51 shares during the period. Howard Capital Management Inc. grew its stake in Allstate by 3.2% during the third quarter. Howard Capital Management Inc. now owns 1,739 shares of the insurance provider's stock worth $373,000 after buying an additional 54 shares during the period. L2 Asset Management LLC increased its position in shares of Allstate by 4.7% in the third quarter. L2 Asset Management LLC now owns 1,223 shares of the insurance provider's stock worth $263,000 after acquiring an additional 55 shares in the last quarter. Finally, Horizon Wealth Management LLC increased its position in shares of Allstate by 3.8% in the third quarter. Horizon Wealth Management LLC now owns 1,537 shares of the insurance provider's stock worth $330,000 after acquiring an additional 56 shares in the last quarter. 76.47% of the stock is owned by institutional investors and hedge funds.
Allstate News Summary
Here are the key news stories impacting Allstate this week:
- Positive Sentiment: Big Q1 beat — Allstate reported $10.65 EPS vs. consensus ~ $7.3 and revenue above estimates; strong underwriting, higher premiums and lower catastrophe losses drove a material profit rebound. Earnings Release & Transcript
- Positive Sentiment: Earnings call tone was upbeat and highlighted market-share gains in auto and homeowners lines, reinforcing the operational momentum behind the quarterly beat. Earnings Call Coverage
- Positive Sentiment: Analysts are raising forecasts after Q1 results, reflecting higher EPS expectations and improved metrics. This analyst support can underpin the stock following the beat. Analyst Reactions
- Neutral Sentiment: Citigroup raised its price target from $221 to $226 but maintained a "neutral" rating — a modest upgrade that signals respect for the results but not a decisive buy endorsement. Citigroup Note
- Neutral Sentiment: Allstate's 2025 10‑K shows a stable overall risk profile with one new regulatory disclosure; no new material threats were flagged, keeping long‑term risk unchanged. 10‑K Risk Note
- Negative Sentiment: Despite the beat, some analyst reactions remain cautious and the Citigroup move implies only ~4% upside to its target — that limited near-term upside and mixed ratings can restrain further share gains. Citigroup Note
Allstate Price Performance
Shares of ALL stock opened at $217.10 on Friday. The firm has a fifty day simple moving average of $210.35 and a 200-day simple moving average of $205.87. The company has a market capitalization of $55.89 billion, a PE ratio of 4.79, a price-to-earnings-growth ratio of 0.44 and a beta of 0.21. The Allstate Corporation has a twelve month low of $188.08 and a twelve month high of $221.19. The company has a current ratio of 0.36, a quick ratio of 0.37 and a debt-to-equity ratio of 0.25.
Allstate (NYSE:ALL - Get Free Report) last released its quarterly earnings results 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 for the quarter, compared to the consensus estimate of $15.24 billion. During the same quarter in the previous year, the firm posted $3.53 EPS. The firm's quarterly revenue was up 3.0% on a year-over-year basis. Equities research analysts anticipate that The Allstate Corporation will post 26.35 earnings per share for the current fiscal year.
Allstate Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Monday, March 2nd were given a dividend of $1.08 per share. The ex-dividend date of this dividend was Monday, March 2nd. This is a positive change from Allstate's previous quarterly dividend of $1.00. This represents a $4.32 dividend on an annualized basis and a dividend yield of 2.0%. Allstate's dividend payout ratio is presently 9.53%.
Wall Street Analysts Forecast Growth
Several research firms recently weighed in on ALL. Weiss Ratings upgraded shares of Allstate from a "buy (b+)" rating to a "buy (a-)" rating in a report on Monday, March 23rd. Wells Fargo & Company increased their price target on Allstate from $227.00 to $229.00 and gave the company an "equal weight" rating in a report on Thursday, April 9th. Mizuho cut their price objective 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 cut Allstate from a "buy" rating to a "hold" rating in a research note on Saturday. Finally, Keefe, Bruyette & Woods upped their target price on Allstate from $254.00 to $260.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 10th. Three equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $240.56.
Get Our Latest Report on ALL
Allstate Profile
(
Free Report)
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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