Horizon Investments LLC Purchases 2,588 Shares of The Allstate Corporation $ALL

Horizon Investments LLC raised its position in shares of The Allstate Corporation (NYSE:ALLFree Report) by 10.2% during the fourth quarter, HoldingsChannel reports. The fund owned 27,846 shares of the insurance provider’s stock after acquiring an additional 2,588 shares during the quarter. Horizon Investments LLC’s holdings in Allstate were worth $5,796,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Dorato Capital Management bought a new position in Allstate during the fourth quarter valued at $27,000. Barnes Dennig Private Wealth Management LLC increased its position in 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 during the last quarter. Princeton Global Asset Management LLC increased its position in 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 during the last quarter. Palisade Asset Management LLC bought a new position in Allstate during the third quarter valued at $31,000. Finally, South Plains Financial Inc. increased its position in Allstate by 41.5% during the third quarter. South Plains Financial Inc. now owns 167 shares of the insurance provider’s stock valued at $36,000 after acquiring an additional 49 shares during the last quarter. Institutional investors own 76.47% of the company’s stock.

Trending Headlines about Allstate

Here are the key news stories impacting Allstate this week:

  • Positive Sentiment: Big Q1 beat — Allstate reported $10.65 EPS vs. consensus ~ $7.3 and revenue above estimates; strong underwriting, higher premiums and lower catastrophe losses drove a material profit rebound. Earnings Release & Transcript
  • Positive Sentiment: Earnings call tone was upbeat and highlighted market-share gains in auto and homeowners lines, reinforcing the operational momentum behind the quarterly beat. Earnings Call Coverage
  • Positive Sentiment: Analysts are raising forecasts after Q1 results, reflecting higher EPS expectations and improved metrics. This analyst support can underpin the stock following the beat. Analyst Reactions
  • Neutral Sentiment: Citigroup raised its price target from $221 to $226 but maintained a “neutral” rating — a modest upgrade that signals respect for the results but not a decisive buy endorsement. Citigroup Note
  • Neutral Sentiment: Allstate’s 2025 10?K shows a stable overall risk profile with one new regulatory disclosure; no new material threats were flagged, keeping long?term risk unchanged. 10?K Risk Note
  • Negative Sentiment: Despite the beat, some analyst reactions remain cautious and the Citigroup move implies only ~4% upside to its target — that limited near-term upside and mixed ratings can restrain further share gains. Citigroup Note

Analysts Set New Price Targets

A number of research analysts have weighed in on ALL shares. Barclays boosted their price objective on shares of Allstate from $207.00 to $208.00 and gave the company an “underweight” rating in a research report on Wednesday, April 8th. Wells Fargo & Company boosted their price objective 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. Keefe, Bruyette & Woods boosted their price objective on shares of Allstate from $254.00 to $260.00 and gave the company an “outperform” rating in a research report on Tuesday, February 10th. Cantor Fitzgerald reiterated a “neutral” rating and set a $220.00 price objective on shares of Allstate in a research report on Thursday, February 5th. Finally, Evercore set a $225.00 price target on shares of Allstate in a report on Wednesday, January 7th. Three research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Allstate currently has a consensus rating of “Moderate Buy” and an average price target of $240.56.

Get Our Latest Stock Analysis on ALL

Allstate Trading Up 0.2%

NYSE ALL opened at $217.10 on Monday. The company’s 50-day moving average price is $210.35 and its 200-day moving average price is $205.85. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 0.25. The stock has a market cap of $55.89 billion, a PE ratio of 4.79, a PEG ratio of 0.43 and a beta of 0.21. The Allstate Corporation has a 12 month low of $188.08 and a 12 month high of $221.19.

Allstate (NYSE:ALLGet Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The insurance provider reported $10.65 EPS for the quarter, topping analysts’ consensus estimates of $7.31 by $3.34. The firm had revenue of $16.94 billion for the quarter, compared to analysts’ expectations of $15.24 billion. Allstate had a net margin of 17.81% and a return on equity of 42.66%. The business’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same period in the prior year, the business posted $3.53 earnings per share. Equities research analysts forecast that The Allstate Corporation will post 26.35 earnings per share for the current year.

Allstate Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Monday, March 2nd were issued a $1.08 dividend. The ex-dividend date was Monday, March 2nd. This is a boost from Allstate’s previous quarterly dividend of $1.00. This represents a $4.32 dividend on an annualized basis and a dividend yield of 2.0%. Allstate’s dividend payout ratio (DPR) is currently 9.53%.

Allstate Company Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding ALL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Allstate Corporation (NYSE:ALLFree Report).

Institutional Ownership by Quarter for Allstate (NYSE:ALL)

Receive News & Ratings for Allstate Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allstate and related companies with MarketBeat.com's FREE daily email newsletter.