Pacer Advisors Inc. Has $3.53 Million Holdings in The Allstate Corporation $ALL

Key Points

• Pacer Advisors cut its Allstate position by 47.3% in the first quarter, selling 15,281 shares and retaining 17,020 shares valued at approximately $3.53 million. Institutional investors and hedge funds collectively own 76.47% of Allstate.
• Allstate reported quarterly EPS of $8.99, surpassing the $6.06 consensus estimate, while revenue increased 11.8% year over year to $15.43 billion. Improved underwriting, higher investment income and lower catastrophe losses supported the results.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $256.70, while Allstate declared a quarterly dividend of $1.08, or $4.32 annualized, yielding about 1.6%.

Pacer Advisors Inc. cut its holdings in shares of The Allstate Corporation (NYSE:ALL - Free Report) by 47.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,020 shares of the insurance provider's stock after selling 15,281 shares during the quarter. Pacer Advisors Inc.'s holdings in Allstate were worth $3,529,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. State Street Corp grew its position in Allstate by 3.7% during the fourth quarter. State Street Corp now owns 12,297,551 shares of the insurance provider's stock worth $2,571,600,000 after buying an additional 438,034 shares in the last quarter. Bank of America Corp DE raised its holdings in Allstate by 8.1% in the 1st quarter. Bank of America Corp DE now owns 7,913,320 shares of the insurance provider's stock valued at $1,640,748,000 after acquiring an additional 596,321 shares in the last quarter. GQG Partners LLC raised its holdings in Allstate by 36.0% in the 4th quarter. GQG Partners LLC now owns 5,488,560 shares of the insurance provider's stock valued at $1,142,449,000 after acquiring an additional 1,452,993 shares in the last quarter. Franklin Resources Inc. lifted its position in shares of Allstate by 29.2% during the 4th quarter. Franklin Resources Inc. now owns 5,007,549 shares of the insurance provider's stock valued at $1,042,321,000 after acquiring an additional 1,131,172 shares during the period. Finally, Boston Partners grew its holdings in shares of Allstate by 14.9% during the 3rd quarter. Boston Partners now owns 3,050,780 shares of the insurance provider's stock worth $654,652,000 after purchasing an additional 395,195 shares in the last quarter. 76.47% of the stock is currently owned by institutional investors and hedge funds.

Allstate Stock Performance

NYSE:ALL opened at $275.01 on Friday. The Allstate Corporation has a twelve month low of $188.08 and a twelve month high of $277.22. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 0.25. The stock's 50-day simple moving average is $240.31 and its 200 day simple moving average is $220.12. The firm has a market capitalization of $70.79 billion, a PE ratio of 5.49, a price-to-earnings-growth ratio of 0.45 and a beta of 0.16.

Allstate (NYSE:ALL - Get Free Report) last posted its earnings results on Wednesday, August 5th. The insurance provider reported $8.99 EPS for the quarter, topping analysts' consensus estimates of $6.06 by $2.93. The firm had revenue of $15.43 billion during the quarter, compared to analysts' expectations of $15.46 billion. Allstate had a net margin of 18.97% and a return on equity of 43.06%. The business's revenue for the quarter was up 11.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $5.94 earnings per share. On average, analysts anticipate that The Allstate Corporation will post 30.74 EPS for the current fiscal year.

Allstate Dividend Announcement

The business also recently disclosed 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 1.6%. Allstate's dividend payout ratio is presently 9.53%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Raymond James Financial raised their price target on Allstate from $260.00 to $300.00 and gave the stock a "strong-buy" rating in a research report on Monday, July 6th. Morgan Stanley increased their price objective on shares of Allstate from $215.00 to $240.00 and gave the stock an "equal weight" rating in a research note on Monday, July 6th. Wells Fargo & Company raised their target price on shares of Allstate from $229.00 to $243.00 and gave the company an "equal weight" rating in a report on Wednesday, May 6th. Atlantic Securities set a $319.00 target price on shares of Allstate in a report on Wednesday, July 15th. Finally, Weiss Ratings restated a "buy (a-)" rating on shares of Allstate in a research report on Thursday, June 18th. Three research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $256.70.

Insider Buying and Selling

In other Allstate news, Director Andrea Redmond sold 2,225 shares of the business's stock in a transaction on Monday, June 1st. The shares were sold at an average price of $202.91, for a total transaction of $451,474.75. Following the sale, the director owned 2,225 shares of the company's stock, valued at approximately $451,474.75. The trade was a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Mark Q. Prindiville sold 1,550 shares of the business's stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $216.27, for a total transaction of $335,218.50. Following the sale, the insider directly owned 27,558 shares in the company, valued at approximately $5,959,968.66. The trade was a 5.32% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 1.55% of the company's stock.

Allstate News Roundup

Here are the key news stories impacting Allstate this week:

• Positive Sentiment: Allstate reported second-quarter 2026 earnings of $8.99 per share, well above analyst estimates ranging from $5.76 to $6.06 and up from $5.94 a year earlier. Revenue rose 11.8% year over year to $15.43 billion. Higher investment income, improved underwriting results and lower catastrophe losses drove the substantial profit growth. Allstate Q2 Earnings Beat Estimates on Higher Investment Income
• Positive Sentiment: The earnings outperformance, strong return on equity and improved margins reinforce the case that Allstate’s underwriting turnaround is gaining traction. The results also exceeded the company’s prior-year performance despite revenue coming in slightly below consensus. Allstate Reports Excellent Operating Results
• Positive Sentiment: Allstate signaled that its $4 billion share-repurchase authorization is nearing completion and highlighted approximately $9.5 billion of holding-company capital. The capital position could provide flexibility for additional buybacks, investment in growth initiatives and other shareholder returns, although future actions were not explicitly committed. Allstate Signals Completion of $4B Buyback Authorization
• Neutral Sentiment: Allstate is accelerating its push to work with independent agents. The strategy may broaden distribution and support premium growth, but the fading hard-market pricing environment could make growth and margins more difficult to sustain. Allstate's Independent Agent Push Gathers Pace as Hard Market Pricing Fades
• Negative Sentiment: A lawsuit alleges Allstate identified the wrong driver as being at fault in an accident. The claim is an isolated legal risk at this stage, with no reported financial impact, but adverse litigation outcomes could create costs or reputational pressure. Driver Sues Allstate

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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