Allstate (ALL)

• Market cap: $51.3B
• 1 day: 1.99%
• 5 days: -1.75%
• 1 month: -1.89%
• 3 months: 1.34%
• 6 months: 19.05%
• Year to date: 34.59%
• 1 year: 42.72%
• 5 years: 73.47%
• 10 years: 174.79%
• Sector: Financials
• Industry: Fire, Marine & Casualty Insurance

About: Allstate is one of the largest us property-casualty insurers in the us. Personal auto represents the largest percentage of revenue, but the company offers homeowners insurance and other insurance products. Allstate products are sold in North America primarily by about 6,000 exclusive agents.

Employees: 53,400

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

90% more first-time investments, than exits

New positions opened: 182 | Existing positions closed: 96

45% more funds holding in top 10

Funds holding in top 10: 11 [Q2] → 16 (+5) [Q3]

13% more capital invested

Capital invested by funds: $33.5B [Q2] → $38B (+$4.46B) [Q3]

7% more funds holding

Funds holding: 1,316 [Q2] → 1,402 (+86) [Q3]

1% more repeat investments, than reductions

Existing positions increased: 481 | Existing positions reduced: 478

3.71% less ownership

Funds ownership: 79.66% [Q2] → 75.96% (-3.71%) [Q3]

30% less call options, than puts

Call options by funds: $231M | Put options by funds: $329M

Research analyst outlook

13 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $186 4% downside
• Avg. target: $220 14% upside
• High target: $267 38% upside

13 analyst ratings

• positive: 10 77%
• neutral: 2 15%
• negative: 1 8%

Piper Sandler Paul Newsome 78% 1-year accuracy 35 / 45 met price target	26% upside $244	Overweight Maintained	26 Nov 2024
Goldman Sachs Alex Scott 56% 1-year accuracy 32 / 57 met price target	19% upside $230	Buy Maintained	15 Nov 2024
Jefferies Yaron Kinar 50% 1-year accuracy 8 / 16 met price target	38% upside $267	Buy Maintained	8 Nov 2024
Morgan Stanley Bob Huang 53% 1-year accuracy 8 / 15 met price target	18% upside $228	Overweight Maintained	7 Nov 2024
Keefe, Bruyette & Woods Meyer Shields 61% 1-year accuracy 54 / 88 met price target	16% upside $225	Outperform Maintained	6 Nov 2024