Wilsey Asset Management Inc. Has $45 Million Stake in The Allstate Corporation $ALL

Wilsey Asset Management Inc. boosted its position in The Allstate Corporation (NYSE:ALL) by 1.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 189,133 shares of the insurance provider’s stock after acquiring an additional 2,570 shares during the period. Allstate accounts for 6.6% of Wilsey Asset Management Inc.’s portfolio, making the stock its 4th largest position. Wilsey Asset Management Inc. owned 0.07% of Allstate worth $45,002,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its position in shares of Allstate by 60.2% during the 4th quarter. Brighton Jones LLC now owns 6,500 shares of the insurance provider’s stock valued at $1,253,000 after acquiring an additional 2,443 shares during the last quarter. Revolve Wealth Partners LLC bought a new position in shares of Allstate in the 4th quarter worth $231,000. WINTON GROUP Ltd bought a new position in shares of Allstate in the 2nd quarter worth $210,000. Treasurer of the State of North Carolina grew its stake in shares of Allstate by 2.5% during the second quarter. Treasurer of the State of North Carolina now owns 123,272 shares of the insurance provider’s stock worth $24,816,000 after purchasing an additional 3,051 shares during the period. Finally, Ieq Capital LLC increased its holdings in Allstate by 20.1% in the second quarter. Ieq Capital LLC now owns 38,316 shares of the insurance provider’s stock valued at $7,713,000 after purchasing an additional 6,412 shares during the last quarter. 76.47% of the stock is currently owned by institutional investors and hedge funds.

Allstate News Roundup

Here are the key news stories impacting Allstate this week:

• Positive Sentiment: Allstate reported second-quarter 2026 earnings of $8.99 per share, well above analyst estimates ranging from $5.76 to $6.06 and up from $5.94 a year earlier. Revenue rose 11.8% year over year to $15.43 billion. Higher investment income, improved underwriting results and lower catastrophe losses drove the substantial profit growth. Allstate Q2 Earnings Beat Estimates on Higher Investment Income
• Positive Sentiment: The earnings outperformance, strong return on equity and improved margins reinforce the case that Allstate’s underwriting turnaround is gaining traction. The results also exceeded the company’s prior-year performance despite revenue coming in slightly below consensus. Allstate Reports Excellent Operating Results
• Positive Sentiment: Allstate signaled that its $4 billion share-repurchase authorization is nearing completion and highlighted approximately $9.5 billion of holding-company capital. The capital position could provide flexibility for additional buybacks, investment in growth initiatives and other shareholder returns, although future actions were not explicitly committed. Allstate Signals Completion of $4B Buyback Authorization
• Neutral Sentiment: Allstate is accelerating its push to work with independent agents. The strategy may broaden distribution and support premium growth, but the fading hard-market pricing environment could make growth and margins more difficult to sustain. Allstate’s Independent Agent Push Gathers Pace as Hard Market Pricing Fades
• Negative Sentiment: A lawsuit alleges Allstate identified the wrong driver as being at fault in an accident. The claim is an isolated legal risk at this stage, with no reported financial impact, but adverse litigation outcomes could create costs or reputational pressure. Driver Sues Allstate

Insider Activity

In related news, insider Mark Q. Prindiville sold 1,550 shares of the stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $216.27, for a total transaction of $335,218.50. Following the completion of the transaction, the insider directly owned 27,558 shares in the company, valued at approximately $5,959,968.66. This trade represents a 5.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Andrea Redmond sold 2,225 shares of Allstate stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $202.91, for a total value of $451,474.75. Following the completion of the sale, the director directly owned 2,225 shares in the company, valued at approximately $451,474.75. This represents a 50.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.55% of the stock is owned by corporate insiders.

Allstate Trading Up 3.9%

NYSE:ALL opened at $275.01 on Friday. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.36 and a quick ratio of 0.36. The business’s 50-day simple moving average is $240.31 and its 200-day simple moving average is $220.12. The Allstate Corporation has a fifty-two week low of $188.08 and a fifty-two week high of $277.22. The stock has a market capitalization of $70.79 billion, a PE ratio of 5.49, a price-to-earnings-growth ratio of 0.45 and a beta of 0.16.

Allstate (NYSE:ALL) last announced its earnings results on Wednesday, August 5th. The insurance provider reported $8.99 EPS for the quarter, topping the consensus estimate of $6.06 by $2.93. Allstate had a net margin of 18.97% and a return on equity of 43.06%. The firm had revenue of $15.43 billion for the quarter, compared to the consensus estimate of $15.46 billion. During the same period last year, the company posted $5.94 EPS. The business’s quarterly revenue was up 11.8% on a year-over-year basis. Sell-side analysts expect that The Allstate Corporation will post 30.74 earnings per share for the current fiscal year.

Allstate Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Monday, August 31st will be issued a $1.08 dividend. This represents a $4.32 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Monday, August 31st. Allstate’s payout ratio is 9.53%.

Analyst Upgrades and Downgrades

ALL has been the topic of several analyst reports. Wall Street Zen raised Allstate from a “hold” rating to a “buy” rating in a research note on Monday, July 20th. Wells Fargo & Company lowered Allstate from a “strong-buy” rating to an “underweight” rating in a research report on Friday. Barclays upped their price target on Allstate from $213.00 to $226.00 and gave the company an “underweight” rating in a research note on Thursday. UBS Group lowered shares of Allstate from a “buy” rating to a “neutral” rating and lifted their price objective for the stock from $255.00 to $261.00 in a research note on Wednesday, July 15th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Allstate from $263.00 to $282.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. Three analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $256.70.

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.