Rep. Michael A. Rulli Unloads The Allstate Corporation (NYSE:ALL) Stock

Posted by Kim Johansen on Sep 4th, 2026

Representative Michael A. Rulli (Republican-Ohio) recently sold shares of The Allstate Corporation (NYSE:ALL). In a filing disclosed on September 02nd, the Representative disclosed that they had sold between $1,001 and $15,000 in Allstate stock on August 12th. The trade occurred in the Representative’s “MERRILL LYNCH SIMPLE MANAGED ACCOUNT” account.

Representative Michael A. Rulli also recently made the following trade(s):

Sold $50,001 – $100,000 in shares of Alphabet (NASDAQ:GOOGL) on 8/24/2026.
Purchased $1,001 – $15,000 in shares of Equinix (NASDAQ:EQIX) on 8/7/2026.
Sold $1,001 – $15,000 in shares of Crown Castle (NYSE:CCI) on 8/6/2026.
Sold $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 7/1/2026.
Purchased $1,001 – $15,000 in shares of KLA (NASDAQ:KLAC) on 7/1/2026.
Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/29/2026.
Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 6/25/2026.
Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/25/2026.
Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 6/25/2026.
Purchased $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 6/25/2026.

Allstate Stock Up 1.7%

ALL opened at $263.63 on Friday. The firm has a market capitalization of $66.66 billion, a P/E ratio of 5.26, a price-to-earnings-growth ratio of 0.60 and a beta of 0.15. The Allstate Corporation has a one year low of $188.08 and a one year high of $277.22. The company has a fifty day moving average price of $256.51 and a 200-day moving average price of $228.55. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.36 and a quick ratio of 0.36.

Allstate (NYSE:ALL – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The insurance provider reported $8.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.06 by $2.93. The company had revenue of $18.60 billion during the quarter, compared to analyst estimates of $15.46 billion. Allstate had a return on equity of 41.64% and a net margin of 18.97%.The firm’s quarterly revenue was up 11.8% on a year-over-year basis. During the same quarter last year, the company earned $5.94 earnings per share. Equities research analysts expect that The Allstate Corporation will post 34.78 earnings per share for the current fiscal year.

Allstate Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Monday, August 31st will be issued a $1.08 dividend. This represents a $4.32 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Monday, August 31st. Allstate’s dividend payout ratio (DPR) is presently 8.63%.

Hedge Funds Weigh In On Allstate

A number of institutional investors and hedge funds have recently modified their holdings of ALL. MV Capital Management Inc. purchased a new stake in shares of Allstate in the 4th quarter worth $25,000. Gables Capital Management Inc. bought a new stake in shares of Allstate during the second quarter valued at approximately $26,000. Navalign LLC bought a new stake in Allstate in the 4th quarter valued at $27,000. Kelleher Financial Advisors bought a new position in shares of Allstate during the 2nd quarter valued at about $28,000. Finally, Evolution Wealth Management Inc. grew its position 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 valued at $29,000 after purchasing an additional 140 shares in the last quarter. 76.47% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on ALL shares. Zacks Research raised Allstate from a “hold” rating to a “strong-buy” rating in a report on Monday, August 17th. JPMorgan Chase & Co. boosted their price target on shares of Allstate from $282.00 to $292.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 11th. The Goldman Sachs Group restated a “neutral” rating and issued a $280.00 target price on shares of Allstate in a research report on Friday, August 7th. Argus set a $238.00 price target on shares of Allstate in a research report on Friday, August 28th. Finally, Roth Capital set a $300.00 price objective on shares of Allstate in a research report on Thursday, August 6th. Four investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, nine have given a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $263.90.

Read Our Latest Analysis on ALL

Insider Buying and Selling

In other news, insider John Dugenske sold 32,996 shares of the stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $269.33, for a total transaction of $8,886,812.68. Following the completion of the transaction, the insider directly owned 13,054 shares in the company, valued at approximately $3,515,833.82. This represents a 71.65% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Mario Rizzo sold 56,225 shares of Allstate stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $264.48, for a total value of $14,870,388.00. Following the completion of the transaction, the chief operating officer owned 82,227 shares of the company’s stock, valued at approximately $21,747,396.96. This represents a 40.61% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 1.55% of the company’s stock.

About Representative Rulli

Michael Rulli (Republican Party) is a member of the U.S. House, representing Ohio’s 6th Congressional District. He assumed office on June 25, 2024. His current term ends on January 3, 2027.

Rulli (Republican Party) is running for re-election to the U.S. House to represent Ohio’s 6th Congressional District. He declared candidacy for the 2026 election.

Michael Rulli graduated from Poland Seminary High School. He earned a degree from Emerson College. Rulli’s career experience includes working as the director of operations with Rulli Bros. Markets.

About Allstate

(Get Free Report)

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.