The Allstate Corporation (NYSE:ALL) displays a robust financial profile amidst fluctuating market events. A significant number of institutional investors such as
Resurgent Financial Advisors LLC, AustralianSuper Pty Ltd, New York State Common Retirement Fund, Victory Capital Management Inc, and
LGM Wealth Partners LLC, among others, have increased their holdings in the company, signaling great confidence. Despite intermittent sales of shares by some investment firms, the overall pattern shows increased stake in the company, with an 81% institutional ownership highlighting its preference among the big guns. On a fiscal note, Allstate announced a
quarterly dividend payout set for October 1, 2025, emphasizing their investor-friendly attitude. The company's Q1 2025 earnings highlights reveal strong revenue growth despite catastrophe events. It finalizes a group health divestiture for $1.25 billion and raises its investor returns with an
8.7% dividend hike plus a
$1.5B buyback plan. Analysts set their
price target at $225.20, marking solid anticipations towards the company's financial trajectory.
The Allstate Corporation ALL News Analytics from Fri, 03 Jan 2025 08:00:00 GMT to Sat, 19 Jul 2025 21:04:46 GMT -
