Strs Ohio Has $69.34 Million Stake in The Allstate Corporation $ALL

Key Points

• Strs Ohio increased its Q4 stake in The Allstate Corporation by 1.9% to 333,121 shares, representing about 0.13% ownership and worth approximately $69.34 million.
• Strong Q1 beat: Allstate reported $10.65 EPS versus a consensus ~$7.31 and revenue of $16.94B (above estimates), driven by underwriting strength, higher premiums and lower catastrophe losses, prompting analysts to raise forecasts.
• Dividend and valuation: Allstate raised its quarterly dividend to $1.08 (annualized $4.32, ~2.0% yield), and the stock trades near $217 with a market cap of $56.06B, a PE of 4.79, and a consensus price target of about $240.56 (Moderate Buy).

Strs Ohio boosted its holdings in shares of The Allstate Corporation (NYSE:ALL - Free Report) by 1.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 333,121 shares of the insurance provider's stock after buying an additional 6,211 shares during the quarter. Strs Ohio owned about 0.13% of Allstate worth $69,339,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of ALL. Brighton Jones LLC increased its position 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 acquired a new position in Allstate during the fourth quarter worth $231,000. WINTON GROUP Ltd acquired a new position in Allstate during the second quarter worth $210,000. Treasurer of the State of North Carolina increased its position in Allstate by 2.5% during 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 buying an additional 3,051 shares during the last quarter. Finally, Ieq Capital LLC increased its position in Allstate by 20.1% during the second quarter. Ieq Capital LLC now owns 38,316 shares of the insurance provider's stock worth $7,713,000 after buying an additional 6,412 shares during the last quarter. 76.47% of the stock is owned by institutional investors and hedge funds.

Allstate Stock Down 0.1%

NYSE ALL opened at $217.10 on Friday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.37 and a current ratio of 0.36. The firm has a 50-day simple moving average of $210.35 and a 200 day simple moving average of $205.87. The Allstate Corporation has a twelve month low of $188.08 and a twelve month high of $221.19. The stock has a market cap of $56.06 billion, a PE ratio of 4.79, a PEG ratio of 0.44 and a beta of 0.22.

Allstate (NYSE:ALL - Get Free Report) last released its earnings results on Wednesday, April 29th. The insurance provider reported $10.65 earnings per share for the quarter, beating 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 business had revenue of $16.94 billion during the quarter, compared to analysts' expectations of $15.24 billion. During the same quarter last year, the company earned $3.53 earnings per share. The firm's revenue was up 3.0% on a year-over-year basis. On average, research analysts forecast that The Allstate Corporation will post 25.82 EPS for the current year.

Allstate Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Monday, March 2nd were paid a $1.08 dividend. The ex-dividend date was Monday, March 2nd. This is a boost from Allstate's previous quarterly dividend of $1.00. This represents a $4.32 annualized dividend and a dividend yield of 2.0%. Allstate's dividend payout ratio is 9.53%.

Key Stories Impacting Allstate

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

Analysts Set New Price Targets

ALL has been the topic of several research analyst reports. TD Cowen downgraded Allstate from a "buy" rating to a "hold" rating in a research report on Monday, January 12th. Barclays raised their price target on Allstate from $207.00 to $208.00 and gave the company an "underweight" rating in a research report on Wednesday, April 8th. JPMorgan Chase & Co. raised their price target on Allstate from $260.00 to $263.00 and gave the company an "overweight" rating in a research report on Thursday, February 5th. Keefe, Bruyette & Woods raised their price target on Allstate from $254.00 to $260.00 and gave the company an "outperform" rating in a research report on Tuesday, February 10th. Finally, Mizuho lowered their price target on Allstate from $281.00 to $265.00 and set an "outperform" rating on the stock in a research report on Friday, March 20th. Three investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Allstate has a consensus rating of "Moderate Buy" and an average price target of $240.56.

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.

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