Investment companies and financial institutions around the globe, such as Edmond DE Rothschild Holding S.A., Hancock Whitney Corp, and Cinctive Capital Management LP, are actively transacting in The Allstate Corporation's shares. Some are bolstering their positions in The Allstate Corporation, with actions such as stake increases or significant share purchases noting by Royal Bank of Canada and Ariel Investments. Others, like Baird Financial Group Inc. and Capital Analysts LLC, are reducing holdings in Allstate.
Allstate reported
$184 million in catastrophe losses for July. Yet, despite these losses, some consider the insurance company a viable long-term investment.
Allstate is now collaborating with the Big 12 for an All-Sport Championship Series, signaling an expansion beyond traditional insurance ventures.
Despite the mixed response from investment firms, Allstate’s
short interest has plummeted by 27.5%, and it achieved above-average revenue growth amidst catastrophe in Q1 and Q2 of 2025. Allstate's latest analyst-assigned
target price is $230.73, indicating a positive conclusion.
The company has a solid financial structure that demonstrates a strong market presence and capability to withstand volatility thanks to an 81%
institutional ownership.
The Allstate Corporation ALL News Analytics from Thu, 06 Feb 2025 08:00:00 GMT to Sat, 06 Sep 2025 13:38:42 GMT -
Rating 7
- Innovation 3
- Information 8
- Rumor -4
