Northwestern Mutual Wealth Management Co. Trims Stock Position in The Allstate Corporation $ALL

Posted by Stanley Muller on Sep 3rd, 2026

Northwestern Mutual Wealth Management Co. lessened its position in shares of The Allstate Corporation (NYSE:ALL – Free Report) by 5.1% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 54,895 shares of the insurance provider’s stock after selling 2,950 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Allstate were worth $13,062,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of ALL. MV Capital Management Inc. acquired a new position in shares of Allstate in the 4th quarter worth approximately $25,000. Gables Capital Management Inc. acquired a new stake in shares of Allstate in the second quarter valued at $26,000. Navalign LLC acquired a new stake in Allstate in the 4th quarter valued at about $27,000. Kelleher Financial Advisors purchased a new position in Allstate in the second quarter worth approximately $28,000. Finally, Evolution Wealth Management Inc. lifted its position in shares of Allstate by 7,000.0% during the 1st quarter. Evolution Wealth Management Inc. now owns 142 shares of the insurance provider’s stock worth $29,000 after purchasing an additional 140 shares during the last quarter. Institutional investors and hedge funds own 76.47% of the company’s stock.

Insider Buying and Selling

In related news, COO Mario Rizzo sold 56,225 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $264.48, for a total transaction of $14,870,388.00. Following the completion of the transaction, the chief operating officer owned 82,227 shares of the company’s stock, valued at approximately $21,747,396.96. This represents a 40.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider John E. Dugenske sold 32,996 shares of the business’s stock in a transaction on Friday, August 7th. The shares were sold at an average price of $269.33, for a total transaction of $8,886,812.68. Following the sale, 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.55% of the stock is currently owned by insiders.

Allstate Stock Up 0.6%

Shares of NYSE:ALL opened at $259.51 on Thursday. The Allstate Corporation has a 52-week low of $188.08 and a 52-week high of $277.22. The company has a market capitalization of $65.62 billion, a P/E ratio of 5.18, a P/E/G ratio of 0.59 and a beta of 0.15. The stock’s fifty day simple moving average is $255.88 and its 200-day simple moving average is $228.15. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 0.24.

Allstate (NYSE:ALL – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The insurance provider reported $8.99 earnings per share for the quarter, beating analysts’ consensus estimates of $6.06 by $2.93. The business had revenue of $18.60 billion during the quarter, compared to analyst estimates of $15.46 billion. Allstate had a net margin of 18.97% and a return on equity of 41.64%. The company’s revenue was up 11.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $5.94 earnings per share. As a group, equities research analysts forecast that The Allstate Corporation will post 34.78 earnings per share for the current fiscal year.

Allstate Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders 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 yield of 1.7%. The ex-dividend date of this dividend is Monday, August 31st. Allstate’s dividend payout ratio (DPR) is presently 8.63%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on ALL. HSBC cut Allstate from a “buy” rating to a “hold” rating and boosted their target price for the stock from $244.00 to $264.00 in a research note on Monday, July 6th. Barclays increased their target price on shares of Allstate from $213.00 to $226.00 and gave the stock an “underweight” rating in a research note on Thursday, August 6th. Piper Sandler increased their price target on Allstate from $268.00 to $300.00 and gave the stock an “overweight” rating in a report on Monday, August 10th. Cantor Fitzgerald raised their price objective on shares of Allstate from $236.00 to $242.00 and gave the company a “neutral” rating in a research report on Thursday, July 9th. Finally, Citigroup lowered shares of Allstate from a “neutral” rating to a “sell” rating and boosted their target price for the stock from $226.00 to $240.00 in a research report on Tuesday, August 11th. Four research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, nine have issued a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $263.90.

Read Our Latest Report 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.