Allspring Global Investments Holdings LLC,
Viking Fund Management LLC, and
Soros Fund Management LLC are among several firms that have significantly increased their holdings in
The Allstate Corporation ($ALL). On the other hand, entities such as
AQR Capital Management LLC and
Ariel Investments LLC have reduced their position. Despite some stock dips, the corporation's long-term growth prospects remain strong, and underperformance has been deemed a buying opportunity. Allstate has been highlighted for its profitability, particularly in comparison to its peers, leading the corporation to be among Bank of America's top growth stocks. Recent financial performance has been positive, with earnings beats in Q2 and Q32025, strong revenue growth, and increased investment income. The consensus rating from brokerages is 'Moderate Buy'. However, Evercore ISI downgraded Allstate from 'Outperform' to 'In Line'. Notably,
Allstate has also announced estimated catastrophe losses for August. The company's Q3 fiscal results were reportedly strong, amid a market uptick. Dividends are set to be paid in January 2026, and Wall Street analysts reportedly have a positive outlook on the stock.
The Allstate Corporation ALL News Analytics from Sun, 13 Apr 2025 07:00:00 GMT to Sat, 03 Jan 2026 11:31:25 GMT -
Rating 5
- Innovation 3
- Information 7
- Rumor -3
