Kiley Juergens Wealth Management LLC Invests $461,000 in The Allstate Corporation $ALL

Kiley Juergens Wealth Management LLC acquired a new stake in shares of The Allstate Corporation (NYSE:ALL) during the 1st quarter, Holdings Channel reports. The fund acquired 2,222 shares of the insurance provider’s stock, valued at approximately $461,000.

Other large investors also recently modified their holdings of the company. CIBC Bancorp USA Inc. bought a new position in Allstate in the 3rd quarter worth approximately $7,814,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of Allstate by 5.1% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 552,120 shares of the insurance provider’s stock valued at $112,533,000 after buying an additional 26,586 shares during the last quarter. Mezzasalma Advisors LLC lifted its holdings in shares of Allstate by 58.6% in the fourth quarter. Mezzasalma Advisors LLC now owns 23,918 shares of the insurance provider’s stock worth $4,875,000 after buying an additional 8,837 shares in the last quarter. Meyer Handelman Co. lifted its holdings in shares of Allstate by 4.8% in the fourth quarter. Meyer Handelman Co. now owns 206,787 shares of the insurance provider’s stock worth $43,043,000 after buying an additional 9,438 shares in the last quarter. Finally, OFI Invest Asset Management bought a new position in shares of Allstate during the fourth quarter worth $23,074,000. Hedge funds and other institutional investors own 76.47% of the company’s stock.

Insider Transactions at Allstate

In related news, insider Mark Q. Prindiville sold 1,550 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $216.27, for a total value of $335,218.50. Following the completion of the sale, 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Andrea Redmond sold 2,225 shares of Allstate stock in a transaction on Monday, June 1st. The stock was sold at an average price of $202.91, for a total transaction of $451,474.75. Following the transaction, the director directly owned 2,225 shares of the company’s stock, valued at $451,474.75. The trade was a 50.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 22,353 shares of company stock worth $4,851,560. 1.55% of the stock is currently owned by company insiders.

Allstate Price Performance

Allstate stock opened at $251.63 on Wednesday. The Allstate Corporation has a 52-week low of $188.08 and a 52-week high of $257.67. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 0.25. The firm’s fifty day moving average is $222.00 and its 200 day moving average is $212.11. The company has a market cap of $64.77 billion, a price-to-earnings ratio of 5.55, a PEG ratio of 0.44 and a beta of 0.16.

Allstate (NYSE:ALL) last issued its quarterly earnings data on Wednesday, April 29th. The insurance provider reported $10.65 EPS for the quarter, topping analysts’ consensus estimates of $7.31 by $3.34. Allstate had a net margin of 17.81% and a return on equity of 42.66%. The business had revenue of $16.94 billion during the quarter, compared to analysts’ expectations of $15.24 billion. During the same period last year, the company posted $3.53 EPS. The business’s revenue was up 3.0% on a year-over-year basis. Sell-side analysts forecast that The Allstate Corporation will post 29.8 EPS for the current fiscal year.

Allstate Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Monday, June 1st were issued a $1.08 dividend. The ex-dividend date was Monday, June 1st. This represents a $4.32 dividend on an annualized basis and a dividend yield of 1.7%. Allstate’s payout ratio is 9.53%.

More Allstate News

Here are the key news stories impacting Allstate this week:

• Positive Sentiment: Barclays raised its price target on Allstate to $213 from $203, even while keeping an underweight rating, signaling improved expectations around the insurer’s valuation and near-term outlook.
• Positive Sentiment: Investors are looking ahead to Allstate’s upcoming second-quarter 2026 earnings report, with analysts expecting solid profitability despite a projected year-over-year dip, which can support buying ahead of results.
• Neutral Sentiment: Allstate said it will hold its Q2 2026 earnings call on Aug. 6, giving investors a clear near-term catalyst for the stock.
• Neutral Sentiment: The company also drew attention from unusual options activity, with a large increase in put buying, suggesting some traders are positioning for downside or hedging ahead of earnings and legal headlines.
• Negative Sentiment: Oklahoma sued Allstate, alleging a scheme to underpay storm and damage claims through poor claims-handling practices, which could increase litigation risk, reputational damage, and potential financial liability.

Analyst Ratings Changes

Several research firms recently weighed in on ALL. HSBC cut shares of Allstate from a “buy” rating to a “hold” rating and raised their target price for the company from $244.00 to $264.00 in a research note on Monday. Citigroup increased their price objective on shares of Allstate from $221.00 to $226.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Wells Fargo & Company raised their price objective on Allstate from $229.00 to $243.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. Morgan Stanley lifted their target price on Allstate from $215.00 to $240.00 and gave the stock an “equal weight” rating in a report on Monday. Finally, Zacks Research downgraded Allstate from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 7th. Three analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $245.26.

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.