Farther Finance Advisors LLC Purchases 3,348 Shares of The Allstate Corporation $ALL

Farther Finance Advisors LLC lifted its position in shares of The Allstate Corporation (NYSE:ALL) by 63.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,644 shares of the insurance provider’s stock after acquiring an additional 3,348 shares during the period. Farther Finance Advisors LLC’s holdings in Allstate were worth $1,799,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in ALL. Harbor Capital Advisors Inc. increased its position in shares of Allstate by 79.7% during the third quarter. Harbor Capital Advisors Inc. now owns 124 shares of the insurance provider’s stock valued at $27,000 after acquiring an additional 55 shares in the last quarter. Dorato Capital Management bought a new stake in shares of Allstate during the fourth quarter valued at approximately $27,000. Barnes Dennig Private Wealth Management LLC increased its position in shares of Allstate by 112.3% during the third quarter. Barnes Dennig Private Wealth Management LLC now owns 138 shares of the insurance provider’s stock valued at $30,000 after acquiring an additional 73 shares in the last quarter. Princeton Global Asset Management LLC increased its position in shares of Allstate by 101.3% during the fourth quarter. Princeton Global Asset Management LLC now owns 151 shares of the insurance provider’s stock valued at $31,000 after acquiring an additional 76 shares in the last quarter. Finally, Palisade Asset Management LLC bought a new stake in shares of Allstate during the third quarter valued at approximately $31,000. Institutional investors own 76.47% of the company’s stock.

Allstate Trading Up 0.1%

NYSE:ALL opened at $216.46 on Monday. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.26. The Allstate Corporation has a 12 month low of $184.62 and a 12 month high of $219.48. The company has a market cap of $55.90 billion, a PE ratio of 5.67, a price-to-earnings-growth ratio of 0.44 and a beta of 0.22. The company has a 50 day simple moving average of $208.66 and a two-hundred day simple moving average of $205.48.

Allstate (NYSE:ALL) last posted its earnings results on Wednesday, February 4th. The insurance provider reported $14.31 EPS for the quarter, topping analysts’ consensus estimates of $8.72 by $5.59. Allstate had a net margin of 15.19% and a return on equity of 39.20%. The business had revenue of $17.35 billion during the quarter, compared to the consensus estimate of $17.23 billion. During the same quarter in the previous year, the firm posted $7.67 EPS. The firm’s revenue was up 5.1% on a year-over-year basis. Research analysts forecast that The Allstate Corporation will post 18.74 earnings per share for the current year.

Allstate Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Monday, March 2nd were given a $1.08 dividend. This is a boost from Allstate’s previous quarterly dividend of $1.00. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $4.32 dividend on an annualized basis and a yield of 2.0%. Allstate’s payout ratio is presently 11.31%.

Analyst Ratings Changes

ALL has been the subject of several analyst reports. Wells Fargo & Company raised their price target on shares of Allstate from $227.00 to $229.00 and gave the company an “equal weight” rating in a research report on Thursday, April 9th. Evercore set a $225.00 price target on shares of Allstate in a research report on Wednesday, January 7th. TD Cowen downgraded shares of Allstate from a “buy” rating to a “hold” rating in a research report on Monday, January 12th. Weiss Ratings raised shares of Allstate from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Monday, March 23rd. Finally, JPMorgan Chase & Co. raised their price target on shares of Allstate from $260.00 to $263.00 and gave the company an “overweight” rating in a research report on Thursday, February 5th. Three analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Allstate has a consensus rating of “Moderate Buy” and a consensus price target of $238.65.

Allstate News Roundup

Here are the key news stories impacting Allstate this week:

• Positive Sentiment: Allstate rolled out free identity‑theft protection to millions of customers (starting in 14 states), a differentiator that can increase customer value and retention. Allstate becomes the first major insurance provider to roll out free identity theft protection
• Positive Sentiment: Analyst tools (Zacks Earnings ESP) flagged Allstate as a finance stock that could beat upcoming earnings, supporting upside expectations. These 2 Finance Stocks Could Beat Earnings: Why They Should Be on Your Radar
• Positive Sentiment: Institutional buying was reported (BCS Wealth Management added shares), a signal of continued investor interest. BCS Wealth Management Buys Shares of 2,508 The Allstate Corporation $ALL
• Positive Sentiment: Shares recently hit an all‑time high, reflecting strong market momentum following recent earnings and valuation re-rating. Allstate stock hits all-time high of $216.84 USD
• Neutral Sentiment: MarketWatch notes the stock rose but still lags broader market performance, signaling mixed relative strength. Allstate Corp. stock rises Friday, still underperforms market
• Neutral Sentiment: Coverage questioning whether it’s “too late” to buy after Allstate’s multi‑year run highlights valuation and timing debate among investors. Is It Too Late To Consider Allstate (ALL) After Its Strong Multi Year Share Price Run?
• Neutral Sentiment: Local real‑estate/legal developments around Allstate’s empty campus are unlikely to move fundamentals but add headline noise. Allstate’s Empty Campus May Rejoin South Barrington In High-Stakes Land Fight
• Negative Sentiment: Allstate booked sizable catastrophe losses for March (~$925M; ~$731M after‑tax) and estimates about $1.24B in Q1 cat losses — a near‑term drag on underwriting and quarterly results. Allstate estimates $1.24bn Q1’26 cat losses with March contributing $925m

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.