Leigh Baldwin & CO. LLC Makes New $482,000 Investment in The Allstate Corporation $ALL

Leigh Baldwin & CO. LLC bought a new stake in shares of The Allstate Corporation (NYSE:ALL) during the 2nd quarter, HoldingsChannel reports. The firm bought 2,025 shares of the insurance provider’s stock, valued at approximately $482,000.

Several other large investors have also made changes to their positions in the company. Gables Capital Management Inc. acquired a new stake in shares of Allstate in the 2nd quarter valued at $26,000. Allied Private Wealth LLC acquired a new stake in Allstate in the 2nd quarter worth approximately $29,000. Kelleher Financial Advisors bought a new stake in Allstate during the second quarter worth approximately $28,000. MV Capital Management Inc. bought a new stake in Allstate during the fourth quarter worth approximately $25,000. Finally, Navalign LLC acquired a new position in Allstate during the fourth quarter valued at approximately $27,000. Institutional investors own 76.47% of the company’s stock.

Insider Buying and Selling

In other Allstate news, Director Andrea Redmond sold 2,225 shares of the business’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $202.91, for a total value of $451,474.75. Following the sale, the director owned 2,225 shares of the company’s stock, valued at $451,474.75. The trade was a 50.00% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, COO Mario Rizzo sold 56,225 shares of the stock in a transaction 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 completion of the transaction, the chief operating officer owned 82,227 shares of the company’s stock, valued at approximately $21,747,396.96. This represents a 40.61% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 91,446 shares of company stock valued at $24,208,675 over the last ninety days. 1.55% of the stock is owned by company insiders.

Allstate Stock Down 0.0%

NYSE ALL opened at $253.82 on Monday. The Allstate Corporation has a twelve month low of $188.08 and a twelve month high of $277.22. The stock has a market cap of $64.18 billion, a PE ratio of 5.07, a PEG ratio of 0.39 and a beta of 0.16. The firm has a 50-day simple moving average of $250.34 and a 200 day simple moving average of $225.12. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.36 and a current ratio of 0.36.

Allstate (NYSE:ALL) last issued its quarterly earnings results on Wednesday, August 5th. The insurance provider reported $8.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.06 by $2.93. Allstate had a return on equity of 41.64% and a net margin of 18.97%.The firm had revenue of $18.60 billion for the quarter, compared to analyst estimates of $15.46 billion. During the same period in the previous year, the company posted $5.94 earnings per share. The company’s quarterly revenue was up 11.8% compared to the same quarter last year. On average, research analysts forecast 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. Investors of record on Monday, August 31st will be paid a $1.08 dividend. This represents a $4.32 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Monday, August 31st. Allstate’s dividend payout ratio is presently 8.63%.

Analyst Upgrades and Downgrades

ALL has been the topic of a number of recent analyst reports. Barclays lifted their price target on shares of Allstate from $213.00 to $226.00 and gave the company an “underweight” rating in a research report on Thursday, August 6th. Piper Sandler raised their price target on Allstate from $268.00 to $300.00 and gave the company an “overweight” rating in a research report on Monday, August 10th. Evercore set a $240.00 price objective on Allstate in a research note on Friday, July 10th. Morgan Stanley set a $265.00 price objective on Allstate in a research report on Tuesday, August 11th. Finally, The Goldman Sachs Group restated a “neutral” rating and set a $280.00 target price on shares of Allstate in a research note on Friday, August 7th. Four research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, eight have issued a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock 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

About Allstate

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.