The Allstate Corporation $ALL Shares Newly Bought by Rakuten Investment Management Inc.

Posted by Brenda Bartman on Nov 6th, 2026

Rakuten Investment Management Inc. acquired a new stake in The Allstate Corporation (NYSE:ALL – Free Report) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 45,681 shares of the insurance provider’s stock, valued at approximately $10,297,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ALL. BlackRock Inc. bought a new position in Allstate in the 2nd quarter worth about $5,439,448,000. Bank of America Corp DE raised its holdings in shares of Allstate by 8.1% during the first quarter. Bank of America Corp DE now owns 7,913,320 shares of the insurance provider’s stock valued at $1,640,748,000 after buying an additional 596,321 shares during the last quarter. GQG Partners LLC bought a new stake in shares of Allstate during the second quarter valued at approximately $1,245,710,000. Deutsche Bank AG bought a new stake in shares of Allstate during the second quarter valued at approximately $1,008,648,000. Finally, Dimensional Fund Advisors LP boosted its position in shares of Allstate by 5.8% during the first quarter. Dimensional Fund Advisors LP now owns 2,804,615 shares of the insurance provider’s stock worth $581,515,000 after buying an additional 154,259 shares during the period. 76.47% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Allstate

In related news, COO Mario Rizzo sold 56,225 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $264.48, for a total transaction of $14,870,388.00. Following the sale, the chief operating officer owned 82,227 shares of the company’s stock, valued at $21,747,396.96. The trade was a 40.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.55% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts recently issued reports on ALL shares. Piper Sandler reissued an “overweight” rating on shares of Allstate in a report on Monday, September 28th. UBS Group raised their target price on Allstate from $261.00 to $275.00 and gave the company a “neutral” rating in a research report on Monday, August 10th. Bank of America lifted their target price on Allstate from $336.00 to $340.00 and gave the company a “buy” rating in a research note on Monday, October 12th. Atlantic Securities set a $319.00 price target on Allstate in a research report on Wednesday, July 15th. Finally, Zacks Research cut Allstate from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 15th. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, Allstate has a consensus rating of “Hold” and an average price target of $270.52.

Check Out Our Latest Analysis on Allstate

Key Headlines Impacting Allstate

Here are the key news stories impacting Allstate this week:

Positive Sentiment: Q3 earnings of $9.76 per share topped analyst estimates of roughly $7, while adjusted net income reached $2.5 billion. Growth in Protection Services and higher investment income helped drive the beat. Allstate Q3 Earnings Beat on Protection Services Unit Strength
Positive Sentiment: Auto policies grew 3.4%, indicating customer and policy-count momentum. Allstate also signaled plans to launch a personal AI agentic assistant in early 2027, which could support customer service and operating efficiency over time. Allstate grows auto policies 3.4% Allstate signals early 2027 launch of personal agentic assistant
Neutral Sentiment: Barclays raised its price target from $221 to $228 but maintained an “underweight” rating, signaling continued caution despite the higher target. Barclays stock recommendations
Negative Sentiment: Catastrophe losses contributed to a roughly 45% year-over-year decline in reported net income, and underlying loss costs are rising even as average premiums fall. These trends could pressure underwriting margins; earnings were also below the year-ago level of $11.17 per share. Allstate Q3 Net Income Drops About 45% on Higher Catastrophe Losses
Negative Sentiment: Investors bought substantially more put options than usual, suggesting increased demand for downside protection, though options activity alone does not establish a market direction. Allstate trading information

Allstate Stock Down 0.6%

Allstate stock opened at $267.51 on Friday. The Allstate Corporation has a 52 week low of $191.13 and a 52 week high of $281.11. The stock has a market cap of $67.64 billion, a price-to-earnings ratio of 6.16, a PEG ratio of 0.59 and a beta of 0.13. The company’s 50-day moving average price is $245.96 and its two-hundred day moving average price is $229.53. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 0.24.

Allstate (NYSE:ALL – Get Free Report) last issued its quarterly earnings results on Wednesday, November 4th. The insurance provider reported $9.76 earnings per share for the quarter, topping analysts’ consensus estimates of $6.89 by $2.87. The company had revenue of $17.35 billion during the quarter, compared to analyst estimates of $15.87 billion. Allstate had a net margin of 16.57% and a return on equity of 38.48%. The business’s revenue for the quarter was up .5% compared to the same quarter last year. During the same period in the prior year, the business posted $11.17 EPS. On average, analysts expect that The Allstate Corporation will post 36.21 EPS for the current fiscal year.

Allstate Company Profile

(Free Report)

Allstate Corp. (NYSE: ALL) is an insurance company that provides protection products and related services primarily in the United States. Its offerings include automobile, homeowners, renters, condominium, motorcycle and other personal property and casualty insurance, distributed through agents, brokers, direct channels and digital platforms.

The company also provides roadside assistance, identity-protection services and protection plans for consumer products. Through its acquisition of National General, Allstate expanded its presence in independent-agent distribution and specialty personal insurance.