Magnolia Capital Advisors LLC Buys Shares of 5,629 The Allstate Corporation $ALL

Posted by Francis Steltz on Aug 27th, 2026

Magnolia Capital Advisors LLC purchased a new stake in shares of The Allstate Corporation (NYSE:ALL – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,629 shares of the insurance provider’s stock, valued at approximately $1,339,000.

Other institutional investors have also modified their holdings of the company. Strategic Global Advisors LLC bought a new position in Allstate in the 2nd quarter worth about $11,680,000. Vantage Point Financial LLC acquired a new stake in shares of Allstate in the second quarter valued at approximately $334,000. Caisse de depot et placement du Quebec bought a new stake in shares of Allstate during the second quarter valued at approximately $166,867,000. Man Group plc bought a new stake in shares of Allstate during the second quarter valued at approximately $13,584,000. Finally, Invst LLC acquired a new position in shares of Allstate during the second quarter worth approximately $1,444,000. Institutional investors own 76.47% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on ALL shares. Raymond James Financial reissued a “strong-buy” rating and issued a $315.00 price objective on shares of Allstate in a report on Tuesday, August 11th. Wells Fargo & Company lowered Allstate from an “equal weight” rating to an “underweight” rating and boosted their price target for the stock from $243.00 to $250.00 in a research report on Friday, August 7th. Morgan Stanley set a $265.00 price target on Allstate in a research note on Tuesday, August 11th. HSBC lowered Allstate from a “buy” rating to a “hold” rating and raised their price target for the company from $244.00 to $264.00 in a report on Monday, July 6th. Finally, Barclays lifted their price objective on shares of Allstate from $213.00 to $226.00 and gave the company an “underweight” rating in a research note on Thursday, August 6th. 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 given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $265.26.

Get Our Latest Stock Analysis on ALL

Allstate Price Performance

NYSE ALL opened at $262.08 on Thursday. The Allstate Corporation has a 12 month low of $188.08 and a 12 month high of $277.22. 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 firm has a market capitalization 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’s 50 day simple moving average is $252.60 and its 200 day simple moving average is $226.21.

Allstate (NYSE:ALL – Get Free Report) last released its earnings results on Wednesday, August 5th. The insurance provider reported $8.99 earnings per share for the quarter, topping analysts’ consensus estimates of $6.06 by $2.93. The firm had revenue of $18.60 billion during the quarter, compared to the consensus estimate of $15.46 billion. Allstate had a return on equity of 41.64% and a net margin of 18.97%.The firm’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $5.94 earnings per share. As a group, equities research analysts forecast that The Allstate Corporation will post 34.45 EPS for the current fiscal year.

Allstate Announces Dividend

The company also recently disclosed 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 of this dividend is Monday, August 31st. Allstate’s payout ratio is currently 8.63%.

Insider Transactions at Allstate

In other news, COO Mario Rizzo sold 56,225 shares of the company’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $264.48, for a total value of $14,870,388.00. Following the completion of the sale, the chief operating officer owned 82,227 shares in the company, valued at $21,747,396.96. This represents a 40.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider John E. Dugenske sold 32,996 shares of the firm’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $269.33, for a total value of $8,886,812.68. Following the transaction, the insider directly owned 13,054 shares of the company’s stock, valued at $3,515,833.82. This represents a 71.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 91,446 shares of company stock valued at $24,208,675. Corporate insiders own 1.55% of the company’s stock.

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.