US Bancorp DE Cuts Holdings in The Allstate Corporation $ALL

US Bancorp DE decreased its holdings in The Allstate Corporation (NYSE:ALL) by 2.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 101,746 shares of the insurance provider’s stock after selling 2,697 shares during the period. US Bancorp DE’s holdings in Allstate were worth $21,178,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of ALL. Robeco Institutional Asset Management B.V. lifted its stake in Allstate by 1,766.9% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 869,139 shares of the insurance provider’s stock valued at $180,911,000 after acquiring an additional 822,583 shares during the period. Woodline Partners LP bought a new stake in shares of Allstate in the third quarter worth approximately $148,641,000. Ameriprise Financial Inc. grew its stake in shares of Allstate by 52.7% in the second quarter. Ameriprise Financial Inc. now owns 1,385,901 shares of the insurance provider’s stock worth $279,062,000 after acquiring an additional 478,598 shares during the period. Danske Bank A S purchased a new position in shares of Allstate during the third quarter valued at approximately $100,596,000. Finally, Dimensional Fund Advisors LP lifted its position in Allstate by 18.2% during the third quarter. Dimensional Fund Advisors LP now owns 2,606,451 shares of the insurance provider’s stock valued at $559,435,000 after purchasing an additional 401,700 shares during the period. Hedge funds and other institutional investors own 76.47% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on ALL shares. Weiss Ratings upgraded shares of Allstate from a “buy (b+)” rating to a “buy (a-)” rating in a report on Monday, March 23rd. Citigroup increased their price target on Allstate from $221.00 to $226.00 and gave the company a “neutral” rating in a report on Friday. The Goldman Sachs Group restated a “neutral” rating and issued a $231.00 price target on shares of Allstate in a research note on Thursday, March 5th. Zacks Research lowered Allstate from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 7th. Finally, JPMorgan Chase & Co. upped their price objective on Allstate from $260.00 to $263.00 and gave the company an “overweight” rating in a research report on Thursday, February 5th. Three equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $240.56.

Allstate News Roundup

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

Allstate Trading Down 0.1%

Shares of ALL stock opened at $217.10 on Friday. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.36 and a quick ratio of 0.37. The company has a market cap of $56.06 billion, a price-to-earnings ratio of 4.79, a PEG ratio of 0.44 and a beta of 0.22. The Allstate Corporation has a 1 year low of $188.08 and a 1 year high of $221.19. The firm has a fifty day moving average price of $210.35 and a 200-day moving average price of $205.87.

Allstate (NYSE:ALL) last released its earnings results on Wednesday, April 29th. The insurance provider reported $10.65 earnings per share for the quarter, beating the consensus estimate of $7.31 by $3.34. Allstate had a return on equity of 42.66% and a net margin of 17.81%.The company had revenue of $16.94 billion for the quarter, compared to the consensus estimate of $15.24 billion. During the same period in the previous year, the business earned $3.53 earnings per share. Allstate’s quarterly revenue was up 3.0% compared to the same quarter last year. As a group, equities analysts predict that The Allstate Corporation will post 25.82 earnings per share for the current year.

Allstate Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Monday, March 2nd were given a dividend of $1.08 per share. This represents a $4.32 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend was Monday, March 2nd. This is an increase from Allstate’s previous quarterly dividend of $1.00. Allstate’s payout ratio is presently 9.53%.

Allstate 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.