Lido Advisors Adds $183K in The Allstate Corporation ($ALL)
Lido Advisors added 760 shares of Allstate Corporation, raising its total to 36,534 shares.
Key Points
- Lido Advisors increased its holdings in Allstate Corporation by 760 shares, bringing its total to 36,534 shares valued at $8.22 million.
- Shares of Allstate traded near $225.11, with a market cap of $57.29 billion and a P/E ratio of 4.92.
- Analysts have set a mean price target of $240.86 for Allstate, with recent ratings from firms like Keefe, Bruyette & Woods and Wells Fargo.
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Lido Advisors boosted its stake in The Allstate Corporation (NYSE:ALL) by adding 760 shares, according to its latest 13F filing with the SEC. This increase brings its total holdings to 36,534 shares, valued at approximately $8.22 million. The filing reflects holdings as of the reporting period and may not represent the investor's current position.
Lido Advisors vs. the S&P 500
Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.
What Changed in Lido Advisors' Allstate Position
Lido Advisors grew its position in Allstate by 2.1%, adding 760 shares to bring its total to 36,534 shares. The value of this holding is reported at around $8.22 million.
Other Institutional Activity in Allstate
Among other institutional investors, BlackRock, Inc. reduced its holdings by 580,247 shares, ending with 21,889,106 shares valued at about $4.54 billion, a 2.6% decrease. Vanguard Capital Management LLC opened a new position with 16,879,864 shares worth approximately $3.50 billion. Similarly, Vanguard Portfolio Management LLC also initiated a new stake, acquiring 13,649,711 shares valued at $2.83 billion. Meanwhile, State Street Corp reduced its holdings by 37,618 shares, leaving it with 12,259,933 shares valued at $2.55 billion, a slight 0.3% decrease. Franklin Resources Inc significantly increased its stake by 3,014,768 shares, a 60.2% rise, ending with 8,022,317 shares worth $1.66 billion.
The Allstate Corporation Stock Down 7.1%
Shares of NYSE:ALL traded near $225.11 on Tuesday. The Allstate Corporation has a market cap of approximately $57.29 billion and a P/E ratio of 4.92. The stock's 52-week range has been between $188.08 and $227.62, with a 50-day moving average of $215.89 and a 200-day moving average of $207.68. The company's beta is 0.192, indicating lower volatility compared to the market. Allstate's current ratio is 0.364, quick ratio is 0.236, and it has a debt-to-equity ratio of 23.719.
$ALL stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Allstate reported revenue of $68.17 billion, with a modest growth rate of 3%. The company's net margin stands at 17.8%, and its return on equity (ROE) is 45.2%. Earnings per share (EPS) is reported at $45.21. The next earnings report is expected on August 5, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
4 analysts raised price targets.
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EPS & revenue
EPS beat estimates by 44.7%. Revenue beat estimates by 11.1%.
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Profit surprise
Operating income beat by 40 percent.
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Pre-earnings setup
Expectations were about average.
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Analyst signal
4 target raises.
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Earnings quality
Gross margin up 26.7 points. Operating margin up 14.5 points. Negative free cash flow.
Earnings Call Summary
Allstate delivered a strong first quarter with total revenue of $16.9 billion, up 3 percent, and adjusted earnings of $10.65 per share, beating consensus of $7.43. The property liability combined ratio improved to 82 percent, driven by strong underwriting performance and favorable reserve releases from 2023 and 2024. Management highlighted gaining auto insurance market share in 29 states representing 57 percent of premiums and homeowners market share reaching 8.3 percent nationally. They emphasized their multi-lever strategy for growth including pricing sophistication, product innovation, improved customer experience and effective claims management, rather than competing solely on price. Investment income grew nearly 10 percent to $938 million. The company returned $881 million to shareholders through repurchases and dividends, completing a $1.5 billion repurchase program and launching a new $4 billion authorization.
Guidance Management did not provide explicit financial guidance for full year 2026 or next quarter. They discussed strategic plans to manage pricing, expenses and distribution across 39 states with a balanced approach of rate increases in 16 states and decreases in 23 states, resulting in net neutral rate impact. They emphasized their Rubik's cube operating model to balance growth and profitability through multiple levers beyond pricing.
Clearly positive report. Results were better than expected, though the forward reset is not the strongest.
Dividend
Allstate offers an annual dividend rate of $4.32, yielding 1.95%. The dividend payout ratio is a conservative 9.03%.
Insider Buying and Selling at The Allstate Corporation
On June 5, 2026, Eric Ferren, Senior Vice President, Controller, and Chief Accounting Officer, sold 72 shares at an average price of $221.01. On the same day, Ferren also bought 245 shares. Andrea Carter, another insider, sold 1,654 shares at $210.84 on June 4, 2026, and also bought 4,025 shares on the same day.
Analysts Set New Price Targets
On June 8, 2026, Keefe, Bruyette & Woods downgraded Allstate to a hold rating with a price target of $242. Previously, on May 7, they maintained a buy rating with a target of $266. Wells Fargo maintained a hold rating on May 6, with a target of $243. Citigroup and Piper Sandler also maintained their ratings on May 1, with targets of $226 and $268, respectively. The consensus among analysts is a buy recommendation, with an average price target of $240.86 based on 22 opinions.
About The Allstate Corporation
The Allstate Corporation, based in Northbrook, Illinois, is a major player in the financial services sector, particularly in the property and casualty insurance industry. Founded in 1931, Allstate provides a range of insurance products including auto, home, and commercial insurance through various brands and distribution channels. The company also offers consumer protection plans and telematics-based services. Allstate is led by CEO Thomas Joseph Wilson II and employs around 53,000 people.
Bottom Line
Lido Advisors' recent increase in its Allstate holdings reflects growing confidence in the insurance giant. Investors often track such filings to gauge institutional sentiment. Remember, 13F filings are backward-looking and may not represent current positions. Allstate's diverse product offerings and strong financial metrics continue to make it a company to watch.
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