Pacer Advisors Inc. Sells 15,281 Shares of The Allstate Corporation $ALL

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

A number of other institutional investors have also recently added to or reduced their stakes in the business. MV Capital Management Inc. acquired a new position in Allstate in the 4th quarter valued at approximately $25,000. Navalign LLC acquired a new position in shares of Allstate during the fourth quarter worth $27,000. Evolution Wealth Management Inc. grew its stake in shares of Allstate by 7,000.0% in the first quarter. Evolution Wealth Management Inc. now owns 142 shares of the insurance provider’s stock worth $29,000 after purchasing an additional 140 shares during the last quarter. Palisade Asset Management LLC acquired a new stake in Allstate in the third quarter valued at $31,000. Finally, Marshall & Sterling Wealth Advisors Inc. acquired a new stake in Allstate in the first quarter valued at $30,000. 76.47% of the stock is owned by institutional investors.

Allstate Price Performance

Allstate stock opened at $275.01 on Friday. The stock has a market capitalization of $70.79 billion, a price-to-earnings ratio of 5.49, a PEG ratio of 0.45 and a beta of 0.16. The Allstate Corporation has a 52-week low of $188.08 and a 52-week high of $277.22. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.36 and a current ratio of 0.36. The stock’s 50 day moving average price is $240.31 and its two-hundred day moving average price is $220.12.

Allstate (NYSE:ALL) last released its quarterly earnings data on Wednesday, August 5th. The insurance provider reported $8.99 earnings per share for the quarter, beating the consensus estimate of $6.06 by $2.93. Allstate had a net margin of 18.97% and a return on equity of 43.06%. The company had revenue of $15.43 billion during the quarter, compared to analyst estimates of $15.46 billion. During the same quarter in the previous year, the business posted $5.94 EPS. Allstate’s revenue for the quarter was up 11.8% compared to the same quarter last year. On average, equities analysts predict that The Allstate Corporation will post 30.74 earnings per share for the current year.

Allstate Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Monday, August 31st will be paid a $1.08 dividend. This represents a $4.32 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Monday, August 31st. Allstate’s payout ratio is 9.53%.

Insider Activity

In other news, Director Andrea Redmond sold 2,225 shares of the company’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $202.91, for a total transaction of $451,474.75. Following the transaction, the director owned 2,225 shares in the company, valued at approximately $451,474.75. This represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Mark Q. Prindiville sold 1,550 shares of the stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $216.27, for a total transaction of $335,218.50. Following the transaction, the insider directly owned 27,558 shares in the company, valued at $5,959,968.66. This trade represents a 5.32% decrease in their position. The SEC filing for this sale provides additional information. 1.55% of the stock is currently owned by corporate insiders.

Key Stories Impacting Allstate

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

Wall Street Analysts Forecast Growth

ALL has been the topic of several recent research reports. JPMorgan Chase & Co. lifted their target price on Allstate from $263.00 to $282.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th. Piper Sandler reissued an “overweight” rating on shares of Allstate in a research note on Thursday, May 28th. HSBC lowered Allstate from a “buy” rating to a “hold” rating and lifted their price objective for the stock from $244.00 to $264.00 in a research note on Monday, July 6th. Atlantic Securities set a $319.00 target price on Allstate in a report on Wednesday, July 15th. Finally, Wells Fargo & Company increased their target price on shares of Allstate from $229.00 to $243.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. Three equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $256.70.

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.