Leigh Baldwin & CO. LLC Takes Position in The Allstate Corporation $ALL

Leigh Baldwin & CO. LLC acquired a new stake in shares of The Allstate Corporation (NYSE:ALL) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 2,025 shares of the insurance provider’s stock, valued at approximately $482,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Gables Capital Management Inc. acquired a new stake in shares of Allstate in the second quarter valued at $26,000. Allied Private Wealth LLC acquired a new position in Allstate during the second quarter worth about $29,000. Kelleher Financial Advisors acquired a new position in Allstate during the second quarter worth about $28,000. MV Capital Management Inc. bought a new stake in Allstate in the fourth quarter worth about $25,000. Finally, Navalign LLC bought a new stake in Allstate in the fourth quarter worth about $27,000. Institutional investors own 76.47% of the company’s stock.

Insider Activity

In other news, COO Mario Rizzo sold 56,225 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $264.48, for a total transaction of $14,870,388.00. Following the sale, the chief operating officer owned 82,227 shares in the company, valued at $21,747,396.96. The trade was a 40.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Andrea Redmond sold 2,225 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the director owned 2,225 shares of the company’s stock, valued at approximately $451,474.75. This trade represents a 50.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 91,446 shares of company stock worth $24,208,675 over the last 90 days. 1.55% of the stock is owned by company insiders.

Allstate Trading Down 0.0%

Shares of NYSE ALL opened at $253.82 on Monday. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 0.24. The Allstate Corporation has a 12 month low of $188.08 and a 12 month high of $277.22. The company has a market cap of $64.18 billion, a price-to-earnings ratio of 5.07, a P/E/G ratio of 0.39 and a beta of 0.16. The business has a fifty day simple moving average of $250.34 and a 200-day simple moving average of $225.12.

Allstate (NYSE:ALL) last issued its quarterly earnings results on Wednesday, August 5th. The insurance provider reported $8.99 earnings per share for the quarter, topping analysts’ consensus estimates of $6.06 by $2.93. The firm had revenue of $18.60 billion for the quarter, compared to analysts’ expectations of $15.46 billion. Allstate had a return on equity of 41.64% and a net margin of 18.97%.Allstate’s revenue was up 11.8% on a year-over-year basis. During the same quarter last year, the business posted $5.94 EPS. Sell-side analysts predict that The Allstate Corporation will post 34.45 EPS for the current year.

Allstate Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Monday, August 31st will be given a $1.08 dividend. This represents a $4.32 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend is Monday, August 31st. Allstate’s dividend payout ratio (DPR) is 8.63%.

Analyst Ratings Changes

Several research firms have recently weighed in on ALL. Zacks Research upgraded shares of Allstate from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 17th. Wall Street Zen upgraded shares of Allstate from a “hold” rating to a “buy” rating in a report on Monday, July 20th. Cantor Fitzgerald increased their target price on shares of Allstate from $236.00 to $242.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. Roth Capital set a $300.00 target price on shares of Allstate in a report on Thursday, August 6th. Finally, Weiss Ratings upgraded shares of Allstate from a “buy (a-)” rating to a “buy (a)” rating in a research report on Thursday, August 6th. Four investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, eight have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, Allstate presently has a consensus rating of “Hold” and a consensus price target of $265.26.

Trending Headlines about Allstate

Here are the key news stories impacting Allstate this week:

• Positive Sentiment: Zacks Research raised several Allstate EPS forecasts, including estimates for Q3 2026, FY2027, FY2028, Q1 2027, Q4 2027 and Q2 2028. Zacks maintains a “Strong-Buy” rating, supporting the view that underwriting performance and earnings power may remain resilient. Allstate earnings estimates
• Positive Sentiment: A Zacks screen identified ALL as a high-return-on-equity, cash-rich stock that could appeal to investors seeking quality and financial strength during volatile markets. High-ROE stocks article
• Neutral Sentiment: Allstate opened a new Dallas auto laboratory to train claims adjusters on increasingly complex vehicle technology. The initiative could improve claims accuracy and customer service over time, but it is unlikely to materially affect near-term earnings. Allstate Dallas auto lab
• Negative Sentiment: Keefe, Bruyette & Woods downgraded ALL from “hold” to “moderate sell,” adding to investor caution around the stock’s valuation and outlook. Allstate analyst downgrade
• Negative Sentiment: Allstate estimated July catastrophe losses of $682 million pretax, or $539 million after tax. The losses bring pretax catastrophe costs for the current aggregate year to approximately $2.402 billion, creating pressure on underwriting margins and near-term earnings. Allstate July 2026 monthly release
• Negative Sentiment: Zacks Research lowered its Q2 2027 and Q4 2026 EPS estimates, indicating that analysts still see some periods of earnings pressure despite upward revisions elsewhere. Allstate earnings estimates

Allstate 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.