Pure Financial Advisors LLC Makes New Investment in The Allstate Corporation $ALL

Posted by Brenda Bartman on Aug 27th, 2026

Pure Financial Advisors LLC acquired a new position in shares of The Allstate Corporation (NYSE:ALL – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 2,936 shares of the insurance provider’s stock, valued at approximately $699,000.

Other large investors have also added to or reduced their stakes in the company. Transamerica Financial Advisors LLC purchased a new stake in Allstate in the second quarter worth approximately $32,000. Corient Private Wealth LP bought a new position in shares of Allstate during the 2nd quarter valued at $60,052,000. Parallax Volatility Advisers L.P. bought a new stake in Allstate in the second quarter worth $1,628,000. Ausdal Financial Partners Inc. bought a new position in shares of Allstate during the second quarter valued at about $721,000. Finally, Bank of America Corp DE bought a new stake in shares of Allstate in the 2nd quarter valued at about $1,410,362,000. Hedge funds and other institutional investors own 76.47% of the company’s stock.

Insider Activity at Allstate

In other Allstate news, insider John E. Dugenske sold 32,996 shares of the company’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $269.33, for a total value of $8,886,812.68. Following the completion of the sale, the insider owned 13,054 shares in the company, valued at $3,515,833.82. This represents a 71.65% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Andrea Redmond sold 2,225 shares of the 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 completion of the sale, the director directly owned 2,225 shares of the company’s stock, valued at $451,474.75. This represents a 50.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 91,446 shares of company stock worth $24,208,675. 1.55% of the stock is owned by company insiders.

Allstate Price Performance

ALL opened at $262.08 on Thursday. The firm has a market cap of $66.27 billion, a PE ratio of 5.23, a P/E/G ratio of 0.39 and a beta of 0.16. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.36 and a quick ratio of 0.36. The Allstate Corporation has a 1 year low of $188.08 and a 1 year high of $277.22. The stock has a 50-day moving average price of $252.60 and a 200-day moving average price of $226.21.

Allstate (NYSE:ALL – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The insurance provider reported $8.99 EPS for the quarter, beating analysts’ consensus estimates of $6.06 by $2.93. The firm had revenue of $18.60 billion for the quarter, compared to analysts’ expectations of $15.46 billion. Allstate had a net margin of 18.97% and a return on equity of 41.64%. The business’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $5.94 earnings per share. Sell-side analysts predict that The Allstate Corporation will post 34.45 earnings per share for the current fiscal year.

Allstate Dividend Announcement

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

Analyst Ratings Changes

A number of equities analysts have commented on the company. Weiss Ratings cut Allstate from a “buy (a)” rating to a “buy (a-)” rating in a research note on Tuesday. Morgan Stanley set a $265.00 price objective on shares of Allstate in a research report on Tuesday, August 11th. Wall Street Zen upgraded Allstate from a “hold” rating to a “buy” rating in a report on Monday, July 20th. Piper Sandler boosted their target price on Allstate from $268.00 to $300.00 and gave the company an “overweight” rating in a research note on Monday, August 10th. Finally, Mizuho boosted their price objective on shares of Allstate from $255.00 to $272.00 and gave the company an “outperform” rating in a research report on Thursday, July 9th. Four analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, eight have given a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Allstate currently has a consensus rating of “Hold” and a consensus price target of $265.26.

Check Out Our Latest Analysis on ALL

Allstate 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.