The Allstate Corporation $ALL Shares Bought by Viking Fund Management LLC

Viking Fund Management LLC increased its position in The Allstate Corporation (NYSE:ALL) by 38.9% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 25,000 shares of the insurance provider’s stock after acquiring an additional 7,000 shares during the period. Viking Fund Management LLC’s holdings in Allstate were worth $5,366,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Avantax Advisory Services Inc. boosted its holdings in Allstate by 3.1% during the second quarter. Avantax Advisory Services Inc. now owns 23,573 shares of the insurance provider’s stock worth $4,745,000 after buying an additional 704 shares in the last quarter. Knights of Columbus Asset Advisors LLC increased its holdings in shares of Allstate by 3.8% in the second quarter. Knights of Columbus Asset Advisors LLC now owns 53,802 shares of the insurance provider’s stock valued at $10,831,000 after buying an additional 1,959 shares in the last quarter. Commonwealth Retirement Investments LLC lifted its position in shares of Allstate by 103.5% during the 2nd quarter. Commonwealth Retirement Investments LLC now owns 12,960 shares of the insurance provider’s stock valued at $2,609,000 after acquiring an additional 6,590 shares during the last quarter. Zurich Insurance Group Ltd FI acquired a new stake in shares of Allstate during the 1st quarter valued at $22,405,000. Finally, Advisors Capital Management LLC bought a new stake in shares of Allstate during the 1st quarter worth $301,000. Institutional investors own 76.47% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on ALL shares. Mizuho began coverage on Allstate in a research report on Monday, December 15th. They set an “outperform” rating and a $254.00 target price on the stock. Roth Capital lifted their price target on Allstate from $230.00 to $240.00 and gave the stock a “buy” rating in a research note on Wednesday, November 26th. Evercore ISI set a $233.00 price objective on shares of Allstate and gave the company an “in-line” rating in a research note on Wednesday, October 1st. Wolfe Research upgraded shares of Allstate to a “strong-buy” rating in a report on Tuesday, September 16th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Allstate from $254.00 to $260.00 and gave the stock an “overweight” rating in a research report on Thursday, November 6th. Three analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Allstate presently has an average rating of “Moderate Buy” and a consensus target price of $236.93.

Insider Transactions at Allstate

In other Allstate news, insider Suren Gupta sold 3,786 shares of Allstate stock in a transaction on Friday, November 28th. The shares were sold at an average price of $215.13, for a total transaction of $814,482.18. Following the completion of the sale, the insider owned 100,646 shares of the company’s stock, valued at $21,651,973.98. This trade represents a 3.63% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In the last three months, insiders have sold 28,807 shares of company stock valued at $6,198,726. 1.70% of the stock is owned by corporate insiders.

Allstate Stock Up 0.2%

NYSE:ALL opened at $205.29 on Friday. The business’s fifty day moving average price is $203.52 and its 200 day moving average price is $202.39. The firm has a market capitalization of $53.72 billion, a price-to-earnings ratio of 6.65, a PEG ratio of 0.38 and a beta of 0.25. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 0.32. The Allstate Corporation has a 1-year low of $176.00 and a 1-year high of $215.89.

Allstate (NYSE:ALL) last released its earnings results on Wednesday, November 5th. The insurance provider reported $11.17 earnings per share for the quarter, beating the consensus estimate of $5.48 by $5.69. The company had revenue of $17.26 billion for the quarter, compared to analysts’ expectations of $16.59 billion. Allstate had a return on equity of 35.42% and a net margin of 12.53%.The business’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.91 EPS. On average, sell-side analysts forecast that The Allstate Corporation will post 18.74 earnings per share for the current fiscal year.

Allstate Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 2nd. Shareholders of record on Monday, December 1st will be paid a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 1.9%. The ex-dividend date is Monday, December 1st. Allstate’s dividend payout ratio is currently 12.95%.

Key Allstate News

Here are the key news stories impacting Allstate this week:

• Positive Sentiment: Zacks added ALL to its Zacks Rank #1 (Strong Buy) growth stocks list — a near-term institutional/retail buy signal that can support demand for the shares. Best Growth Stocks to Buy for Dec. 19
• Positive Sentiment: A Seeking Alpha piece highlights Allstate as a “profitability powerhouse” trading at a discount to peers, reinforcing a value case (reasonable P/E, strong ROE) that can attract value-oriented investors. Allstate: A Profitability Powerhouse…
• Positive Sentiment: Several bullish takeaways and long-term growth write-ups argue ALL is a top growth stock for long-term investors, which may support medium/long-horizon flows. Why Allstate is a top growth stock…
• Neutral Sentiment: Allstate’s November monthly release reports estimated catastrophe losses of $46M ($36M after-tax) and total Oct–Nov cat losses of $129M ($101M after-tax); losses appear manageable but are a reminder of weather risk volatility. November 2025 Monthly Release
• Neutral Sentiment: A Yahoo Finance piece asks whether investors should reassess valuation after a multi-year rally — this suggests debate on upside potential vs. current multiples, likely keeping trading range-bound. Should Investors Reassess Allstate’s Valuation…
• Neutral Sentiment: Benzinga reviews market sentiment around Allstate, including short interest and narratives — useful for traders but not an immediate directional catalyst by itself. What’s Driving the Market Sentiment Around Allstate…
• Neutral Sentiment: Consumer-focused coverage on Allstate car insurance pricing is informational for customers and analysts but unlikely to move the stock materially. How much does Allstate car insurance cost?
• Neutral Sentiment: The Allstate Foundation of Canada profile is positive PR but has limited near-term market impact. The Allstate Foundation of Canada…
• Negative Sentiment: William Blair downgraded Allstate — a sell-side downgrade can pressure the stock and reduce near-term buying interest from some institutional investors. William Blair downgrades Allstate
• Negative Sentiment: Unusually large volume of put option purchases has been reported, indicating traders are hedging or speculating on downside — this elevates short-term downside risk. Investors Purchase Large Volume of Put Options on Allstate
• Negative Sentiment: VMware has sued Allstate alleging obstruction of a software licensing audit — new litigation can be a headline risk and increase legal expense uncertainty. VMware sues Allstate…
• Negative Sentiment: Recent trading showed a near 2% intraday decline on Dec. 18, reflecting that some of the above negatives are already influencing price action. Allstate Stock Dips While Market Gains

Allstate Profile

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.