Allstate (NYSE:ALL) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says

Allstate (NYSE:ALL) had its target price lifted by stock analysts at Wells Fargo & Company from $223.00 to $228.00 in a research note issued to investors on Friday, Marketbeat.com reports. The firm presently has an “equal weight” rating on the insurance provider’s stock. Wells Fargo & Company‘s target price would suggest a potential upside of 9.86% from the company’s previous close.

Several other research firms have also recently commented on ALL. BMO Capital Markets boosted their price objective on shares of Allstate from $235.00 to $244.00 and gave the company an “outperform” rating in a research report on Friday, November 7th. Roth Mkm lifted their price target on Allstate from $230.00 to $240.00 and gave the company a “buy” rating in a research note on Wednesday, November 26th. Evercore set a $225.00 price target on Allstate in a report on Wednesday, January 7th. Keefe, Bruyette & Woods upped their price objective on Allstate from $250.00 to $254.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 6th. Finally, William Blair lowered Allstate from an “outperform” rating to a “market perform” rating in a research report on Thursday, December 18th. Three equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Allstate has a consensus rating of “Moderate Buy” and an average target price of $238.50.

Allstate Price Performance

Shares of ALL opened at $207.54 on Friday. The stock has a 50 day simple moving average of $203.88 and a 200 day simple moving average of $203.83. Allstate has a 52-week low of $176.00 and a 52-week high of $216.75. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.43 and a current ratio of 0.37. The firm has a market capitalization of $54.31 billion, a PE ratio of 5.43, a P/E/G ratio of 0.45 and a beta of 0.23.

Allstate (NYSE:ALL) last announced its earnings results on Wednesday, February 4th. The insurance provider reported $14.31 EPS for the quarter, topping the consensus estimate of $8.72 by $5.59. The firm had revenue of $14.57 billion for the quarter, compared to the consensus estimate of $17.23 billion. Allstate had a net margin of 15.19% and a return on equity of 39.20%. The business’s quarterly revenue was up 5.1% on a year-over-year basis. During the same period last year, the company posted $7.67 EPS. Sell-side analysts predict that Allstate will post 18.74 EPS for the current fiscal year.

Insider Activity

In related news, insider Suren Gupta sold 19,593 shares of the firm’s stock in a transaction dated Wednesday, January 7th. The shares were sold at an average price of $210.00, for a total value of $4,114,530.00. Following the completion of the sale, the insider directly owned 100,646 shares in the company, 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 the SEC website. Over the last quarter, insiders have sold 48,400 shares of company stock valued at $10,313,256. 1.70% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Allstate

Institutional investors have recently bought and sold shares of the business. LSV Asset Management raised its holdings in Allstate by 542.3% in the 4th quarter. LSV Asset Management now owns 631,005 shares of the insurance provider’s stock valued at $131,344,000 after acquiring an additional 532,770 shares during the period. Karras Company Inc. acquired a new position in shares of Allstate in the fourth quarter valued at approximately $1,121,000. Insight Inv LLC increased its stake in shares of Allstate by 2.5% during the fourth quarter. Insight Inv LLC now owns 13,405 shares of the insurance provider’s stock worth $2,790,000 after purchasing an additional 325 shares during the period. Evoke Wealth LLC lifted its holdings in Allstate by 3.1% during the 4th quarter. Evoke Wealth LLC now owns 2,308 shares of the insurance provider’s stock worth $483,000 after purchasing an additional 70 shares during the last quarter. Finally, Axxcess Wealth Management LLC boosted its stake in Allstate by 1,343.5% in the 4th quarter. Axxcess Wealth Management LLC now owns 60,498 shares of the insurance provider’s stock valued at $12,593,000 after purchasing an additional 56,307 shares during the period. Institutional investors and hedge funds own 76.47% of the company’s stock.

Trending Headlines about Allstate

Here are the key news stories impacting Allstate this week:

• Positive Sentiment: Allstate reported a big Q4 profit beat driven by property‑liability strength, lower catastrophe losses and higher earned premiums — EPS surged year‑over‑year, supporting confidence in earnings power. Allstate Q4 Earnings Beat
• Positive Sentiment: Management announced a $4B share buyback program and an 8% quarterly dividend hike — both are shareholder-friendly actions that boost returns and can support the stock over time. Buyback & Dividend Article
• Positive Sentiment: Analysts at JPMorgan raised their price target and kept an overweight view, implying meaningful upside; other shops (Wells Fargo) also lifted targets — these upgrades support the bullish case. Analyst Price Target Raises
• Neutral Sentiment: CEO highlighted Florida tort‑reform as a blueprint to reduce auto insurance costs — positive for loss ratios over time but more of a policy/industry tailwind than an immediate earnings driver. CEO Tort Reform Article
• Neutral Sentiment: Cantor Fitzgerald reaffirmed a neutral rating with a $220 target — signals some analysts see limited near‑term upside despite the company’s operational momentum. Cantor Fitzgerald Rating
• Negative Sentiment: Revenue for the quarter came in below some street estimates, which may have trimmed enthusiasm despite the EPS beat — investors are sensitive to top‑line misses when valuation momentum is high. Revenue & Net Income Article
• Negative Sentiment: After strong headlines (earnings, buyback, dividend), today’s move looks like short‑term profit‑taking and positioning shifts — market participants may be locking gains while digesting mixed signals. Earnings Call Transcript

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.