Assetmark Inc. Purchases 9,072 Shares of The Allstate Corporation $ALL

Key Points

• Assetmark increased its stake in Allstate by 17.8% in Q4, buying 9,072 shares and bringing its total holding to 60,155 shares worth $12.52 million.
• Allstate reported a strong quarter with EPS of $14.31 (vs. $8.72 expected) and revenue of $17.35 billion, and raised its quarterly dividend to $1.08 (annualized $4.32, ~2.0% yield).
• The company disclosed estimated March catastrophe losses of about $925 million (~$731M after tax) from wind/hail events, a sizable near‑term underwriting hit that likely weighed on the stock (down ~2.1%).

Assetmark Inc. increased its position in shares of The Allstate Corporation (NYSE:ALL - Free Report) by 17.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 60,155 shares of the insurance provider's stock after buying an additional 9,072 shares during the period. Assetmark Inc.'s holdings in Allstate were worth $12,521,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of ALL. Brighton Jones LLC raised its stake in Allstate by 60.2% during the fourth quarter. Brighton Jones LLC now owns 6,500 shares of the insurance provider's stock worth $1,253,000 after buying an additional 2,443 shares during the last quarter. Revolve Wealth Partners LLC bought a new position in Allstate during the fourth quarter worth $231,000. WINTON GROUP Ltd bought a new position in Allstate during the second quarter worth $210,000. Treasurer of the State of North Carolina grew its holdings in Allstate by 2.5% in the second quarter. Treasurer of the State of North Carolina now owns 123,272 shares of the insurance provider's stock worth $24,816,000 after purchasing an additional 3,051 shares during the period. Finally, Ieq Capital LLC grew its holdings in Allstate by 20.1% in the second quarter. Ieq Capital LLC now owns 38,316 shares of the insurance provider's stock worth $7,713,000 after purchasing an additional 6,412 shares during the period. Institutional investors own 76.47% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on ALL shares. Zacks Research cut shares of Allstate from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 7th. Cantor Fitzgerald restated a "neutral" rating and issued a $220.00 price target on shares of Allstate in a report on Thursday, February 5th. The Goldman Sachs Group restated a "neutral" rating and issued a $231.00 price target on shares of Allstate in a report on Thursday, March 5th. Keefe, Bruyette & Woods raised their price target on shares of Allstate from $254.00 to $260.00 and gave the stock an "outperform" rating in a report on Tuesday, February 10th. Finally, Mizuho reduced their price target on shares of Allstate from $281.00 to $265.00 and set an "outperform" rating for the company in a report on Friday, March 20th. Three research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Allstate presently has an average rating of "Moderate Buy" and an average price target of $238.65.

Allstate News Summary

Here are the key news stories impacting Allstate this week:

• Positive Sentiment: Allstate is rolling out free identity-theft protection for millions of home, auto and renters customers, starting in 14 states and expanding during 2026 — a value-added move that can boost retention, cross-sell and competitive differentiation. Allstate free identity theft protection
• Positive Sentiment: Shares recently hit an all-time high and have shown upward momentum this week, reflecting investor appetite for the insurer amid strong earnings and low interest-rate sensitivity. Allstate hits all-time high
• Positive Sentiment: Allstate filed a RICO suit tied to an alleged $7.9M auto-insurance fraud ring — an aggressive stance that can deter fraud, recover funds and reduce loss ratios over time. Allstate RICO suit
• Neutral Sentiment: Small institutional purchases were reported (BCS Wealth Management bought ~2,508 shares), signaling continued institutional interest but not a material stake change. BCS Wealth stake
• Neutral Sentiment: Allstate is pursuing re‑annexation and local zoning/land-fight activity around its former Northbrook/South Barrington campus — matters that affect real‑estate disposition, timing of redevelopment proceeds and local political risk but are unlikely to move near-term operating results. Allstate re-annexation
• Neutral Sentiment: Local coverage highlights a high‑stakes land fight over Allstate’s empty campus site in South Barrington, an issue tied to the re-annexation effort above — mostly a local/operational story with limited immediate financial impact. Empty campus land fight
• Negative Sentiment: Allstate disclosed estimated March catastrophe losses of $925 million (approximately $731M after tax) from ~15 wind/hail events, with ~80% tied to three events — a meaningful near-term underwriting hit that likely pressured the stock today. March 2026 catastrophe release

Allstate Stock Down 2.1%

Shares of NYSE ALL opened at $213.70 on Friday. The stock has a market capitalization of $55.18 billion, a P/E ratio of 5.60, a P/E/G ratio of 0.44 and a beta of 0.22. The company has a 50-day moving average price of $208.48 and a 200-day moving average price of $205.55. The Allstate Corporation has a 1 year low of $184.62 and a 1 year high of $219.48. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.37 and a quick ratio of 0.37.

Allstate (NYSE:ALL - Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The insurance provider reported $14.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $8.72 by $5.59. The firm had revenue of $17.35 billion during the quarter, compared to analysts' expectations 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% on a year-over-year basis. During the same period last year, the company earned $7.67 earnings per share. On average, equities research analysts forecast that The Allstate Corporation will post 18.74 EPS for the current fiscal year.

Allstate Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Monday, March 2nd were issued a dividend of $1.08 per share. This is an increase 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%. The ex-dividend date was Monday, March 2nd. Allstate's dividend 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.

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