Homestead Advisers Corp cut its stake in The Allstate Corporation (NYSE:ALL – Free Report) by 1.9% during the 3rd quarter, HoldingsChannel reports. The firm owned 345,198 shares of the insurance provider’s stock after selling 6,600 shares during the quarter. Allstate accounts for about 1.8% of Homestead Advisers Corp’s portfolio, making the stock its 26th largest position. Homestead Advisers Corp’s holdings in Allstate were worth $74,097,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently modified their holdings of the stock. Portside Wealth Group LLC grew its stake in shares of Allstate by 6.1% in the third quarter. Portside Wealth Group LLC now owns 1,628 shares of the insurance provider’s stock valued at $349,000 after buying an additional 94 shares in the last quarter. Linscomb Wealth Inc. lifted its position in Allstate by 1.5% during the 3rd quarter. Linscomb Wealth Inc. now owns 3,780 shares of the insurance provider’s stock worth $811,000 after acquiring an additional 57 shares in the last quarter. Bessemer Group Inc. boosted its holdings in Allstate by 2.5% in the 3rd quarter. Bessemer Group Inc. now owns 10,371 shares of the insurance provider’s stock worth $2,227,000 after acquiring an additional 251 shares during the period. BI Asset Management Fondsmaeglerselskab A S boosted its holdings in Allstate by 255.0% in the 3rd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 98,455 shares of the insurance provider’s stock worth $21,133,000 after acquiring an additional 70,722 shares during the period. Finally, Howe & Rusling Inc. grew its position in Allstate by 45.9% in the third quarter. Howe & Rusling Inc. now owns 1,984 shares of the insurance provider’s stock valued at $426,000 after acquiring an additional 624 shares in the last quarter. Hedge funds and other institutional investors own 76.47% of the company’s stock.
Allstate Stock Up 2.6%
Shares of NYSE:ALL opened at $207.05 on Thursday. The company’s fifty day moving average is $203.97 and its two-hundred day moving average is $203.60. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.43 and a current ratio of 0.43. The Allstate Corporation has a 1-year low of $176.00 and a 1-year high of $215.89. The stock has a market capitalization of $54.18 billion, a price-to-earnings ratio of 6.70, a price-to-earnings-growth ratio of 0.44 and a beta of 0.23.
Allstate Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Stockholders of record on Monday, December 1st were issued a dividend of $1.00 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a $4.00 annualized dividend and a dividend yield of 1.9%. Allstate’s dividend payout ratio is 12.95%.
Analyst Upgrades and Downgrades
ALL has been the topic of a number of recent research reports. TD Cowen cut shares of Allstate from a “buy” rating to a “hold” rating in a research report on Monday, January 12th. William Blair lowered shares of Allstate from an “outperform” rating to a “market perform” rating in a report on Thursday, December 18th. Wall Street Zen cut shares of Allstate from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 8th. Mizuho set a $255.00 target price on Allstate in a research note on Wednesday, January 14th. Finally, The Goldman Sachs Group set a $227.00 price target on Allstate in a research note on Wednesday, January 7th. Three analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Allstate currently has an average rating of “Moderate Buy” and a consensus target price of $236.19.
Insider Buying and Selling at Allstate
In related news, insider Suren Gupta sold 19,593 shares of the firm’s stock in a transaction that occurred on Wednesday, January 7th. The stock was sold at an average price of $210.00, for a total value of $4,114,530.00. Following the sale, the insider owned 100,646 shares of the company’s stock, valued at approximately $21,135,660. This trade represents a 16.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In the last 90 days, insiders sold 48,400 shares of company stock worth $10,313,256. 1.70% of the stock is currently owned by corporate insiders.
Trending Headlines about Allstate
Here are the key news stories impacting Allstate this week:
- Positive Sentiment: Q4 results: Allstate reported $14.31 EPS, far above consensus, with net income roughly doubling year‑over‑year and revenue up ~5.1% — the core driver of the stock uptick. Allstate (ALL) Q4 Earnings Top Estimates
- Positive Sentiment: Company release and investor materials: Allstate’s press release, slide deck and investor call emphasize strong underwriting and investment results; the firm also noted improved catastrophe experience. View Press Release / Slide Deck
- Positive Sentiment: Analyst upgrades/targets: BMO and other analysts have been raising targets and confidence in Allstate’s earnings visibility ahead of the print, supporting upside momentum. Allstate (ALL) Price Target Lifted on Improving Earnings Visibility
- Positive Sentiment: Customer pricing move: Allstate says it lowered prices for roughly 7.8 million customers in 2025 to enhance retention and value — a competitive move investors interpret as supportive of growth and customer lifetime value. Allstate Enhances Customer Value, Lowers Prices for 7.8 Million Customers in 2025
- Neutral Sentiment: Metric analysis: Deeper metric reviews (loss ratios, combined ratio, reserve development) matter for sustainability — Zacks and other outlets break down which line items drove the beat and what to watch next. Here’s What Key Metrics Tell Us About Allstate (ALL) Q4 Earnings
- Neutral Sentiment: Outlook question: Coverage notes and market pieces ask whether record profitability is sustainable (underwriting cycles, catastrophe frequency, investment yields) — this frames near‑term upside risk/reward. Allstate earnings up next: Can insurer sustain record profitability?
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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