Rep. Michael A. Rulli Unloads Shares of The Allstate Corporation (NYSE:ALL)

Representative Michael A. Rulli (Republican-Ohio) recently sold shares of The Allstate Corporation (NYSE:ALL). In a filing disclosed on September 02nd, the Representative disclosed that they had sold between $1,001 and $15,000 in Allstate stock on August 12th. The trade occurred in the Representative’s “MERRILL LYNCH SIMPLE MANAGED ACCOUNT” account.

Representative Michael A. Rulli also recently made the following trade(s):

• Sold $50,001 – $100,000 in shares of Alphabet (NASDAQ:GOOGL) on 8/24/2026.
• Purchased $1,001 – $15,000 in shares of Equinix (NASDAQ:EQIX) on 8/7/2026.
• Sold $1,001 – $15,000 in shares of Crown Castle (NYSE:CCI) on 8/6/2026.
• Sold $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 7/1/2026.
• Purchased $1,001 – $15,000 in shares of KLA (NASDAQ:KLAC) on 7/1/2026.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/29/2026.
• Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 6/25/2026.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/25/2026.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 6/25/2026.
• Purchased $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 6/25/2026.

Allstate Stock Up 1.7%

Allstate stock opened at $263.63 on Friday. The business’s 50-day simple moving average is $256.51 and its two-hundred day simple moving average is $228.55. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.36 and a current ratio of 0.36. The company has a market cap of $66.66 billion, a PE ratio of 5.26, a PEG ratio of 0.60 and a beta of 0.15. The Allstate Corporation has a fifty-two week low of $188.08 and a fifty-two week high of $277.22.

Allstate (NYSE:ALL) last issued its 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. Allstate had a return on equity of 41.64% and a net margin of 18.97%.The firm had revenue of $18.60 billion for the quarter, compared to analyst estimates of $15.46 billion. During the same quarter in the prior year, the firm earned $5.94 earnings per share. Allstate’s revenue for the quarter was up 11.8% on a year-over-year basis. Equities analysts anticipate that The Allstate Corporation will post 34.78 EPS for the current year.

Allstate Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Monday, August 31st will be given a $1.08 dividend. This represents a $4.32 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Monday, August 31st. Allstate’s dividend payout ratio is presently 8.63%.

Insider Activity

In other Allstate news, insider John 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 transaction of $8,886,812.68. Following 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO Mario Rizzo sold 56,225 shares of the firm’s stock in a transaction on Tuesday, August 11th. The shares were 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 approximately $21,747,396.96. This represents a 40.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.55% of the company’s stock.

Analyst Upgrades and Downgrades

ALL has been the subject of several recent research reports. The Goldman Sachs Group reissued a “neutral” rating and set a $280.00 target price on shares of Allstate in a report on Friday, August 7th. Wall Street Zen raised shares of Allstate from a “hold” rating to a “buy” rating in a report on Monday, July 20th. Atlantic Securities set a $319.00 price target on shares of Allstate in a report on Wednesday, July 15th. UBS Group lifted their price objective on shares of Allstate from $261.00 to $275.00 and gave the company a “neutral” rating in a report on Monday, August 10th. Finally, JPMorgan Chase & Co. increased their target price on shares of Allstate from $282.00 to $292.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 11th. Four equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, nine have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, Allstate has a consensus rating of “Hold” and an average target price of $263.90.

Hedge Funds Weigh In On Allstate

Large investors have recently added to or reduced their stakes in the stock. Cornerstone Financial Management LLC lifted its stake in shares of Allstate by 24.9% in the second quarter. Cornerstone Financial Management LLC now owns 226 shares of the insurance provider’s stock worth $54,000 after buying an additional 45 shares in the last quarter. Capital Advisors Inc. OK lifted its holdings in Allstate by 2.6% in the second quarter. Capital Advisors Inc. OK now owns 1,827 shares of the insurance provider’s stock valued at $435,000 after acquiring an additional 46 shares during the last quarter. Coldstream Capital Management Inc. grew its holdings in shares of Allstate by 0.6% during the 4th quarter. Coldstream Capital Management Inc. now owns 7,809 shares of the insurance provider’s stock worth $1,625,000 after purchasing an additional 50 shares during the period. Natural Investments LLC boosted its stake in Allstate by 1.5% during the second quarter. Natural Investments LLC now owns 3,327 shares of the insurance provider’s stock worth $791,000 after buying an additional 50 shares during the period. Finally, Compound Planning Inc. boosted its position in shares of Allstate by 1.6% during the 4th quarter. Compound Planning Inc. now owns 3,216 shares of the insurance provider’s stock worth $669,000 after purchasing an additional 50 shares during the period. 76.47% of the stock is currently owned by institutional investors and hedge funds.

About Representative Rulli

Michael Rulli (Republican Party) is a member of the U.S. House, representing Ohio’s 6th Congressional District. He assumed office on June 25, 2024. His current term ends on January 3, 2027.

Rulli (Republican Party) is running for re-election to the U.S. House to represent Ohio’s 6th Congressional District. He declared candidacy for the 2026 election.

Michael Rulli graduated from Poland Seminary High School. He earned a degree from Emerson College. Rulli’s career experience includes working as the director of operations with Rulli Bros. Markets.

Allstate Company 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.