CIBC Asset Management Inc Has $13.12 Million Holdings in The Allstate Corporation $ALL

Posted by Brian Himes on Jun 5th, 2026

CIBC Asset Management Inc grew its position in shares of The Allstate Corporation (NYSE:ALL – Free Report) by 69.2% in the 4th quarter, HoldingsChannel reports. The fund owned 63,011 shares of the insurance provider’s stock after buying an additional 25,764 shares during the period. CIBC Asset Management Inc’s holdings in Allstate were worth $13,116,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Norges Bank bought a new stake in shares of Allstate during the fourth quarter worth about $531,294,000. Robeco Institutional Asset Management B.V. lifted its position in Allstate by 1,766.9% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 869,139 shares of the insurance provider’s stock valued at $180,911,000 after acquiring an additional 822,583 shares in the last quarter. Woodline Partners LP bought a new stake in Allstate during the 3rd quarter worth approximately $148,641,000. AustralianSuper Pty Ltd increased its holdings in Allstate by 80.6% during the 4th quarter. AustralianSuper Pty Ltd now owns 1,220,984 shares of the insurance provider’s stock worth $254,148,000 after purchasing an additional 544,874 shares in the last quarter. Finally, LSV Asset Management raised its stake in shares of Allstate by 542.3% in the fourth quarter. LSV Asset Management now owns 631,005 shares of the insurance provider’s stock worth $131,344,000 after purchasing an additional 532,770 shares during the last quarter. 76.47% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, COO Mario Rizzo sold 18,578 shares of the 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 completion of the transaction, the chief operating officer directly owned 82,227 shares of the company’s stock, valued at $17,991,267.60. This represents a 18.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Andrea Redmond sold 2,225 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $202.91, for a total transaction of $451,474.75. Following the sale, the director owned 2,225 shares of the company’s stock, valued at approximately $451,474.75. The trade was a 50.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 22,353 shares of company stock worth $4,851,560. Insiders own 1.55% of the company’s stock.

Wall Street Analysts Forecast Growth

ALL has been the topic of several analyst reports. JPMorgan Chase & Co. lifted their target price on Allstate from $260.00 to $263.00 and gave the company an “overweight” rating in a research report on Thursday, February 5th. Wells Fargo & Company increased their price target on Allstate from $229.00 to $243.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. Wall Street Zen cut Allstate from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Citigroup lifted their price objective on shares of Allstate from $221.00 to $226.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Finally, Piper Sandler reiterated an “overweight” rating on shares of Allstate in a research note on Thursday, May 28th. Three investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Allstate has a consensus rating of “Moderate Buy” and an average price target of $241.67.

Read Our Latest Stock Analysis on Allstate

Allstate Stock Performance

Shares of Allstate stock opened at $210.73 on Friday. The business’s fifty day simple moving average is $212.98 and its 200 day simple moving average is $208.57. 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 Allstate Corporation has a 12 month low of $188.08 and a 12 month high of $227.62. The firm has a market capitalization of $54.25 billion, a P/E ratio of 4.65, a price-to-earnings-growth ratio of 0.37 and a beta of 0.18.

Allstate (NYSE:ALL – Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The insurance provider reported $10.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.31 by $3.34. Allstate had a return on equity of 42.66% and a net margin of 17.81%.The firm had revenue of $16.94 billion during the quarter, compared to the consensus estimate of $15.24 billion. During the same quarter in the prior year, the company earned $3.53 EPS. The business’s revenue for the quarter was up 3.0% on a year-over-year basis. As a group, analysts anticipate that The Allstate Corporation will post 29.43 EPS for the current year.

Allstate Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 1st will be given a dividend of $1.08 per share. The ex-dividend date is Monday, June 1st. This represents a $4.32 annualized dividend and a yield of 2.1%. Allstate’s dividend payout ratio is presently 9.53%.

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.