Allstate (NYSE:ALL) Price Target Cut to $227.00 by Analysts at Wells Fargo & Company

Allstate (NYSE:ALL) had its price objective cut by Wells Fargo & Company from $228.00 to $227.00 in a research note released on Friday,Benzinga reports. They currently have an equal weight rating on the insurance provider’s stock.

ALL has been the topic of several other research reports. William Blair cut Allstate from an “outperform” rating to a “market perform” rating in a research report on Thursday, December 18th. UBS Group lifted their price objective on shares of Allstate from $250.00 to $255.00 and gave the stock a “buy” rating in a report on Monday, November 10th. Roth Mkm upped their target price on shares of Allstate from $230.00 to $240.00 and gave the stock a “buy” rating in a research note on Wednesday, November 26th. BMO Capital Markets raised their price target on shares of Allstate from $235.00 to $244.00 and gave the company an “outperform” rating in a research report on Friday, November 7th. Finally, TD Cowen cut shares of Allstate from a “buy” rating to a “hold” rating in a report on Monday, January 12th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $239.29.

Allstate Stock Up 1.6%

Shares of NYSE ALL opened at $206.51 on Friday. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.37 and a quick ratio of 0.43. The company has a 50-day moving average price of $203.99 and a 200-day moving average price of $204.41. The stock has a market capitalization of $54.04 billion, a P/E ratio of 5.41, a P/E/G ratio of 0.43 and a beta of 0.23. Allstate has a 1 year low of $176.00 and a 1 year high of $216.75.

Allstate (NYSE:ALL) last announced its quarterly earnings results on Wednesday, February 4th. The insurance provider reported $14.31 earnings per share for the quarter, beating the consensus estimate of $8.72 by $5.59. The business had revenue of $17.35 billion for 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 firm’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same quarter last year, the firm earned $7.67 EPS. On average, equities research analysts forecast that Allstate will post 18.74 EPS for the current fiscal year.

Allstate Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Monday, March 2nd will be given a $1.08 dividend. This is a positive change from Allstate’s previous quarterly dividend of $1.00. This represents a $4.32 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Monday, March 2nd. Allstate’s payout ratio is presently 11.31%.

Insiders Place Their Bets

In other news, insider Suren Gupta sold 19,593 shares of the stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $210.00, for a total transaction of $4,114,530.00. Following the completion of the transaction, the insider directly owned 100,646 shares of the company’s stock, valued at $21,135,660. This represents a 16.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 24,729 shares of company stock valued at $5,219,282 in the last 90 days. 1.70% of the stock is owned by insiders.

Hedge Funds Weigh In On Allstate

Several institutional investors and hedge funds have recently bought and sold shares of the company. Sunbelt Securities Inc. raised its stake in shares of Allstate by 30.4% in the fourth quarter. Sunbelt Securities Inc. now owns 1,288 shares of the insurance provider’s stock valued at $268,000 after buying an additional 300 shares during the period. Cambient Family Office LLC purchased a new stake in Allstate in the 4th quarter worth about $244,000. Mcguire Capital Advisors Inc. bought a new stake in Allstate in the 4th quarter valued at about $65,000. Compound Planning Inc. lifted its holdings in Allstate by 1.6% during the fourth quarter. Compound Planning Inc. now owns 3,216 shares of the insurance provider’s stock valued at $669,000 after purchasing an additional 50 shares during the last quarter. Finally, Harbour Wealth Management Group Inc. purchased a new stake in Allstate during the fourth quarter valued at about $532,000. 76.47% of the stock is owned by institutional investors.

Trending Headlines about Allstate

Here are the key news stories impacting Allstate this week:

• Positive Sentiment: Allstate declared roughly $29.3M in preferred dividends for the Jan. 15–Apr. 14 period — a cash-return signal that supports income-focused holders and reinforces the company’s capital distribution profile. Allstate announces preferred dividends payable April 15, 2026
• Positive Sentiment: Allstate is targeting up to $1 billion of limit across Sanders Re III & Sanders Re IV cat bonds — a move that broadens catastrophe risk transfer capacity and may reduce underwriting volatility. Allstate now targets up to $1bn of limit across Sanders Re III & Sanders Re IV cat bonds
• Positive Sentiment: Zacks Research issued several upward revisions to near-term quarter estimates (Q4 2026 and Q3 2027 EPS were raised), indicating some analyst recognition of stronger near-term operating performance. (Zacks summary available via market data reports.)
• Neutral Sentiment: Wells Fargo trimmed its price target slightly from $228 to $227 and keeps an “equal weight” rating — a modest change that still implies roughly ~10% upside from current levels. Analyst price-target note
• Neutral Sentiment: Marketing/promotional item: official rules posted for the 2026 Allstate Women’s Tournament Challenge sweepstakes — immaterial for fundamentals but relevant for brand/marketing visibility. Sweepstakes rules
• Negative Sentiment: Allstate reported estimated January catastrophe losses of $175M ($138M after-tax), primarily from Winter Storm Fern — a near-term hit to underwriting results that can pressure quarterly earnings. January 2026 Monthly Release
• Negative Sentiment: Zacks cut its Q4 2027 EPS estimate (from $8.20 to $7.58) and set FY2028 EPS well below the current consensus — items that suggest some downward pressure on longer-term earnings expectations.

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.