Smithbridge Asset Management Inc. DE Buys 2,974 Shares of The Allstate Corporation $ALL

Posted by Brian Himes on Jun 11th, 2026

Smithbridge Asset Management Inc. DE boosted its stake in shares of The Allstate Corporation (NYSE:ALL – Free Report) by 265.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,094 shares of the insurance provider’s stock after acquiring an additional 2,974 shares during the quarter. Smithbridge Asset Management Inc. DE’s holdings in Allstate were worth $852,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Dorato Capital Management bought a new position in Allstate in the 4th quarter valued at $27,000. Navalign LLC bought a new position in Allstate in the 4th quarter valued at $27,000. Princeton Global Asset Management LLC boosted its position in Allstate by 101.3% in the 4th quarter. Princeton Global Asset Management LLC now owns 151 shares of the insurance provider’s stock valued at $31,000 after buying an additional 76 shares during the last quarter. Palisade Asset Management LLC bought a new position in Allstate in the 3rd quarter valued at $31,000. Finally, South Plains Financial Inc. boosted its position in Allstate by 41.5% in the 3rd quarter. South Plains Financial Inc. now owns 167 shares of the insurance provider’s stock valued at $36,000 after buying an additional 49 shares during the last quarter. Institutional investors own 76.47% of the company’s stock.

Allstate Stock Up 2.9%

NYSE:ALL opened at $223.45 on Thursday. The Allstate Corporation has a 12-month low of $188.08 and a 12-month high of $227.62. 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 firm has a market capitalization of $57.52 billion, a P/E ratio of 4.93, a P/E/G ratio of 0.39 and a beta of 0.18. The stock’s fifty day simple moving average is $214.08 and its 200-day simple moving average is $208.82.

Allstate (NYSE:ALL – Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The insurance provider reported $10.65 earnings per share (EPS) for the quarter, topping 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 business had revenue of $16.94 billion for the quarter, compared to analyst estimates of $15.24 billion. During the same period last year, the company earned $3.53 EPS. The firm’s revenue was up 3.0% on a year-over-year basis. Equities research analysts expect that The Allstate Corporation will post 29.43 earnings per share for the current year.

Allstate Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 1st will be paid a dividend of $1.08 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $4.32 annualized dividend and a yield of 1.9%. Allstate’s dividend payout ratio (DPR) is presently 9.53%.

Analyst Ratings Changes

A number of research analysts have commented on the company. Weiss Ratings upgraded Allstate from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Monday, March 23rd. Wall Street Zen lowered shares of Allstate from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Piper Sandler reaffirmed an “overweight” rating on shares of Allstate in a research note on Thursday, May 28th. Barclays raised their target price on shares of Allstate from $207.00 to $208.00 and gave the company an “underweight” rating in a research note on Wednesday, April 8th. Finally, Keefe, Bruyette & Woods lowered shares of Allstate from an “outperform” rating to a “market perform” rating and reduced their target price for the company from $266.00 to $242.00 in a research note on Monday. Three analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $240.33.

Get Our Latest Research Report on ALL

Insider Buying and Selling

In related news, COO Mario Rizzo sold 18,578 shares of Allstate stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $218.80, for a total transaction of $4,064,866.40. Following the transaction, the chief operating officer owned 82,227 shares of the company’s stock, valued at $17,991,267.60. This trade represents a 18.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Mark Q. Prindiville sold 1,550 shares of Allstate stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $216.27, for a total value of $335,218.50. Following the transaction, the insider owned 27,558 shares in the company, valued at approximately $5,959,968.66. This represents a 5.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 22,353 shares of company stock valued at $4,851,560 in the last 90 days. 1.55% of the stock is owned by insiders.

Allstate Company Profile

(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.