Intech Investment Management Adds $2M in The Allstate Corporation ($ALL)

Intech Investment Management recently increased its stake in The Allstate Corporation (NYSE: ALL), adding 9,960 shares. As of the latest 13F filing, the firm holds 192,084 shares, reflecting a 5.5% increase. The value of this position is approximately $42.1 million, based on the filing period.

What Changed in Intech Investment Management's Allstate Position

Intech Investment Management boosted its holdings in Allstate from 182,124 shares to 192,084 shares, marking an increase of 9,960 shares or about 5.5%. This move, reflected in their latest 13F filing, shows a total reported value of $42.1 million for their Allstate position.

Other Institutional Activity in Allstate

In the same period, other institutional investors made notable changes to their Allstate holdings. BlackRock, Inc. reduced its position by 580,247 shares, leaving it with 21,889,106 shares valued at about $4.54 billion. Vanguard Capital Management LLC and Vanguard Portfolio Management LLC both reported new positions, holding 16,879,864 shares worth $3.50 billion and 13,649,711 shares valued at $2.83 billion, respectively. State Street Corp trimmed its holdings by 37,618 shares, ending with 12,259,933 shares worth approximately $2.55 billion. Meanwhile, Franklin Resources Inc increased its stake by 3,014,768 shares to 8,022,317 shares valued at $1.66 billion.

The Allstate Corporation Stock Snapshot

Shares of Allstate (NYSE: ALL) traded near $219.12. The company has a market capitalization of $57 billion and a P/E ratio of 4.9. Its forward P/E stands at 8.4 and it has a beta of 0.192, indicating relatively low volatility. The stock has a 52-week range between $188.08 and $227.62, with a 50-day moving average of $214.90 and a 200-day moving average of $207.31.

Recent Earnings

Allstate reported revenue of $68.17 billion, with a revenue growth rate of 3%. The company's net margin is 17.8%, and it boasts a return on equity of 45.2%. The next earnings report is expected on April 29, 2026.

Dividend

Allstate offers an annual dividend rate of $4.32, yielding 1.95%. The dividend payout ratio is a modest 9%, reflecting a sustainable payout policy.

Insider Buying and Selling at The Allstate Corporation

Recent insider activity at Allstate includes transactions by Eric Ferren, SVP, Controller, and CAO, who sold 245 shares and bought 245 shares on June 5, 2026. Andrea Carter, another insider, sold 4,025 shares and bought the same amount on June 4, 2026. These trades were not part of any pre-planned trading program.

Analysts Set New Price Targets

On June 8, 2026, Keefe, Bruyette & Woods downgraded Allstate to a 'hold' rating, setting a price target of $242. Meanwhile, Wells Fargo maintained a 'hold' rating with a $243 target on May 6, 2026. Piper Sandler kept its 'buy' rating with a target of $268 on May 1, 2026. The consensus among 22 analysts is a 'buy' rating, with a mean target price of $240.55.

About The Allstate Corporation

The Allstate Corporation, based in Northbrook, Illinois, is a leading provider of property and casualty insurance in the United States and Canada. Founded in 1931, Allstate operates through various segments, including Allstate Protection and Run-off Property-Liability. The company offers auto, home, and other personal and commercial insurance products. It also provides consumer protection plans and services under multiple brands. Allstate employs approximately 53,000 people and is led by CEO Thomas Joseph Wilson II.

Bottom Line

Intech Investment Management's recent increase in its Allstate stake reflects confidence in the insurance giant. While the 13F filing provides a snapshot as of the reporting period, it's worth noting that these holdings may have changed since. Investors often track such filings to gauge sentiment and strategic moves by institutional players.