Several investment firms have made adjustments to their portfolio of The Allstate Corporation ($ALL). MetLife Investment Management LLC and Caisse DE Depot ET Placement DU Quebec decreased holdings, while Northwestern Mutual Wealth Management Co., Trexquant Investment LP, and Landscape Capital Management L.L.C. increased their shares. Despite a reported catastrophe loss of $184M in July, Allstate has been characterized as a top growth stock for the long-term, demonstrating resilience amid various challenges. Its financial strength, reinsurance program improvements, and affirmed credit ratings reinforce its stability. The company also received a consensus target price of $230.73 from analysts.
Notably, Allstate recently completed a Group Health Business sale and reported strong Q2 2025 finances, including substantial revenue growth. In terms of dividends, information has been circulated regarding Allstate's next ex-dividend date and a recent dividend increase. Multiple articles point to Wall Street's continued interest in Allstate due to its undervalued status, consistent returns, and resilient growth potential in the insurance sector.
The Allstate Corporation ALL News Analytics from Wed, 08 Jan 2025 08:00:00 GMT to Sat, 30 Aug 2025 23:30:15 GMT - Rating 7 - Innovation 2 - Information 8 - Rumor -2
