Demars Financial Group LLC Takes $514,000 Position in The Allstate Corporation $ALL

Demars Financial Group LLC acquired a new stake in The Allstate Corporation (NYSE:ALL) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 2,480 shares of the insurance provider’s stock, valued at approximately $514,000.

A number of other large investors have also added to or reduced their stakes in the business. MV Capital Management Inc. bought a new stake in Allstate during the 4th quarter worth approximately $25,000. Dorato Capital Management bought a new position in shares of Allstate during the fourth quarter valued at $27,000. Navalign LLC bought a new position in shares of Allstate during the fourth quarter valued at $27,000. Evolution Wealth Management Inc. lifted its holdings in shares of Allstate by 7,000.0% during the first quarter. Evolution Wealth Management Inc. now owns 142 shares of the insurance provider’s stock worth $29,000 after purchasing an additional 140 shares during the period. Finally, Princeton Global Asset Management LLC lifted its holdings in shares of Allstate by 101.3% during the fourth quarter. Princeton Global Asset Management LLC now owns 151 shares of the insurance provider’s stock worth $31,000 after purchasing an additional 76 shares during the period. Institutional investors own 76.47% of the company’s stock.

Allstate News Summary

Here are the key news stories impacting Allstate this week:

• Positive Sentiment: Allstate announced a quarterly dividend of $1.08 per share, payable Oct. 1, 2026, which may support investor confidence in the company’s capital return profile. Allstate announces quarterly dividend payable Oct. 1, 2026
• Positive Sentiment: Keefe, Bruyette & Woods raised its price target on Allstate to $255 from $242, signaling somewhat improved valuation expectations. Allstate price target raised by Keefe, Bruyette & Woods
• Neutral Sentiment: Analysts are looking ahead to Allstate’s upcoming Q2 2026 earnings, with expectations for a double-digit profit decline, keeping attention on underwriting results and claim trends. What to Expect From Allstate Corporation’s Q2 2026 Earnings Report
• Negative Sentiment: Oklahoma sued Allstate over allegations that the insurer underpaid damage claims, adding legal and reputational risk tied to claims handling practices. Allstate Sued by Oklahoma for Alleged Scheme to Underpay Claims
• Negative Sentiment: Unusual options activity showed a sharp spike in put buying, suggesting some traders are positioning for downside protection or a near-term pullback. Allstate unusual options trading activity
• Negative Sentiment: Reports that Allstate is exiting Broadcom and alleging a “vengeful” license audit could indicate ongoing vendor or legal friction, though the direct stock impact is less clear. Allstate Insurance quits Broadcom

Insider Activity at Allstate

In related news, Director Andrea Redmond sold 2,225 shares of the stock in a transaction on Monday, June 1st. The shares were 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. This represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Mario Rizzo sold 18,578 shares of the firm’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $218.80, for a total transaction of $4,064,866.40. Following the completion of the sale, the chief operating officer owned 82,227 shares of the company’s stock, valued at $17,991,267.60. The trade was a 18.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 22,353 shares of company stock worth $4,851,560 in the last quarter. Company insiders own 1.55% of the company’s stock.

Allstate Trading Down 0.1%

NYSE ALL opened at $251.29 on Thursday. The stock has a market capitalization of $64.69 billion, a P/E ratio of 5.54, a P/E/G ratio of 0.44 and a beta of 0.16. The business has a 50 day simple moving average of $222.73 and a 200 day simple moving average of $212.44. 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 Allstate Corporation has a one year low of $188.08 and a one year high of $257.67.

Allstate (NYSE:ALL) last issued its quarterly earnings results on Wednesday, April 29th. The insurance provider reported $10.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.31 by $3.34. The firm had revenue of $16.94 billion for the quarter, compared to analyst estimates of $15.24 billion. Allstate had a return on equity of 42.66% and a net margin of 17.81%.The company’s revenue was up 3.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.53 earnings per share. Research analysts expect that The Allstate Corporation will post 29.8 earnings per share for the current year.

Allstate Dividend Announcement

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

Wall Street Analyst Weigh In

A number of analysts recently weighed in on ALL shares. Zacks Research downgraded Allstate from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 7th. HSBC downgraded Allstate from a “buy” rating to a “hold” rating and lifted their target price for the stock from $244.00 to $264.00 in a report on Monday. Citigroup upped their price target on Allstate from $221.00 to $226.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Wall Street Zen raised Allstate from a “hold” rating to a “buy” rating in a research note on Saturday, July 4th. Finally, Raymond James Financial raised their price objective on Allstate from $260.00 to $300.00 and gave the stock a “strong-buy” rating in a research report on Monday. Three research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $245.95.

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.