Kiley Juergens Wealth Management LLC Makes New Investment in The Allstate Corporation $ALL

Kiley Juergens Wealth Management LLC bought a new stake in shares of The Allstate Corporation (NYSE:ALL) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 2,222 shares of the insurance provider’s stock, valued at approximately $461,000.

A number of other hedge funds have also recently made changes to their positions in ALL. Collaborative Fund Advisors LLC purchased a new stake in shares of Allstate in the first quarter worth $1,417,000. Meridian Investment Counsel Inc. purchased a new position in Allstate in the first quarter worth about $562,000. Abel Hall LLC purchased a new position in Allstate in the first quarter worth about $320,000. Whittier Trust Co. of Nevada Inc. lifted its stake in shares of Allstate by 2.7% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 6,953 shares of the insurance provider’s stock worth $1,449,000 after buying an additional 184 shares in the last quarter. Finally, DGS Capital Management LLC bought a new stake in shares of Allstate during the first quarter valued at approximately $624,000. 76.47% of the stock is owned by institutional investors.

Key Stories Impacting Allstate

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 equities analysts recently issued reports on ALL shares. Wall Street Zen raised Allstate from a “hold” rating to a “buy” rating in a research report on Saturday. Mizuho decreased their price target on Allstate from $281.00 to $265.00 and set an “outperform” rating for the company in a research note on Friday, March 20th. Zacks Research downgraded Allstate from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 7th. Barclays lifted their price objective on Allstate from $203.00 to $213.00 and gave the stock an “underweight” rating in a report on Tuesday. Finally, Piper Sandler reissued an “overweight” rating on shares of Allstate in a research report on Thursday, May 28th. Three research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Allstate presently has a consensus rating of “Moderate Buy” and a consensus target price of $245.26.

Insider Transactions at Allstate

In other news, insider Mark Q. Prindiville sold 1,550 shares of the company’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 represents a 5.32% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Andrea Redmond sold 2,225 shares of the firm’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $202.91, for a total value of $451,474.75. Following the completion of the transaction, the director directly owned 2,225 shares in the company, valued at approximately $451,474.75. This represents a 50.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 22,353 shares of company stock worth $4,851,560 in the last three months. Corporate insiders own 1.55% of the company’s stock.

Allstate Price Performance

Shares of NYSE:ALL opened at $251.63 on Wednesday. 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 stock has a market capitalization of $64.77 billion, a PE ratio of 5.55, a price-to-earnings-growth ratio of 0.44 and a beta of 0.16. The firm’s 50 day moving average price is $222.00 and its 200-day moving average price is $212.11. The Allstate Corporation has a twelve month low of $188.08 and a twelve month high of $257.67.

Allstate (NYSE:ALL) last announced its 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. Allstate had a net margin of 17.81% and a return on equity of 42.66%. The company had revenue of $16.94 billion during the quarter, compared to analyst estimates of $15.24 billion. During the same period in the previous year, the business posted $3.53 earnings per share. The firm’s quarterly revenue was up 3.0% compared to the same quarter last year. Equities research analysts expect that The Allstate Corporation will post 29.8 EPS for the current year.

Allstate Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Monday, June 1st were given a dividend of $1.08 per share. The ex-dividend date of this dividend 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 presently 9.53%.

About Allstate

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.