The Allstate Corporation $ALL Shares Sold by Smithbridge Asset Management Inc. DE

Posted by Stanley Muller on Jul 3rd, 2026

Smithbridge Asset Management Inc. DE decreased its stake in shares of The Allstate Corporation (NYSE:ALL – Free Report) by 72.6% during the 1st quarter, Holdings Channel reports. The institutional investor owned 1,120 shares of the insurance provider’s stock after selling 2,974 shares during the period. Smithbridge Asset Management Inc. DE’s holdings in Allstate were worth $232,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ALL. MV Capital Management Inc. acquired a new position in shares of Allstate in the 4th quarter worth $25,000. Dorato Capital Management acquired a new position in shares of Allstate in the 4th quarter valued at $27,000. Navalign LLC purchased a new position in Allstate in the 4th quarter worth about $27,000. Princeton Global Asset Management LLC lifted its stake in Allstate by 101.3% during the fourth 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 in the last quarter. Finally, Palisade Asset Management LLC purchased a new stake in Allstate during the third quarter valued at about $31,000. 76.47% of the stock is currently owned by institutional investors.

Allstate Price Performance

NYSE ALL opened at $249.84 on Friday. The Allstate Corporation has a 1 year low of $188.08 and a 1 year high of $250.38. The company has a fifty day simple moving average of $219.88 and a 200 day simple moving average of $211.27. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 0.25. The company has a market cap of $64.31 billion, a P/E ratio of 5.51, a P/E/G ratio of 0.43 and a beta of 0.16.

Allstate (NYSE:ALL – Get Free Report) last released its earnings results on Wednesday, April 29th. The insurance provider reported $10.65 earnings per share for the quarter, topping analysts’ consensus estimates of $7.31 by $3.34. The firm had revenue of $16.94 billion during the quarter, compared to analyst estimates of $15.24 billion. Allstate had a net margin of 17.81% and a return on equity of 42.66%. The business’s revenue was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.53 EPS. On average, sell-side analysts predict that The Allstate Corporation will post 29.75 EPS for the current year.

Allstate Announces Dividend

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

Insider Buying and Selling at Allstate

In other news, insider Mark Q. Prindiville sold 1,550 shares of the stock in a transaction that occurred 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 of the company’s stock, valued at approximately $5,959,968.66. This represents a 5.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 in the company, valued at approximately $17,991,267.60. The trade was a 18.43% decrease in their position. 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 currently owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have commented on ALL shares. The Goldman Sachs Group restated a “neutral” rating and set a $231.00 price objective on shares of Allstate in a research report on Thursday, March 5th. Barclays increased their price target on shares of Allstate from $207.00 to $208.00 and gave the stock an “underweight” rating in a research report on Wednesday, April 8th. Mizuho decreased their price target on shares of Allstate from $281.00 to $265.00 and set an “outperform” rating for the company in a report on Friday, March 20th. Zacks Research downgraded shares of Allstate from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 7th. Finally, Wells Fargo & Company upped their price objective on shares of Allstate from $229.00 to $243.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. Three analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $240.33.

Read Our Latest Analysis on ALL

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.