Allstate Maintains Hold Rating Amid Minor EPS Adjustments and Stable Growth Outlook

Citi analyst Matthew Heimermann maintains a Hold rating on Allstate with a price target of $211.00 due to minor EPS adjustments and stable growth outlook. The expected share price return of 3.6% suggests a stable but not overly attractive growth potential, reinforcing the decision to maintain a Hold rating.

MetLife Investment Management LLC, an institutional investor, has recently reduced its holdings in The Allstate Corporation (NYSE:ALL) by 1.8%, selling 1,284 shares. As of the latest 13F filing with the SEC, MetLife Investment Management LLC now holds 70,570 shares valued at approximately $14.6 million [1]. This move comes amidst a mixed analyst sentiment, with a consensus rating of "Moderate Buy" and a target price of $230.73 [1].

Analysts have expressed varied opinions on Allstate, with several upgrades and downgrades. Citigroup, for instance, upgraded Allstate to a "hold" rating with a price target of $211.00, citing minor EPS adjustments and a stable growth outlook [1]. Matthew Heimermann, the analyst at Citigroup, expects a share price return of 3.6%, which he deems stable but not overly attractive, reinforcing his decision to maintain a Hold rating [1].

Other institutional investors have also modified their holdings in Allstate. Hughes Financial Services LLC, Kapitalo Investimentos Ltda, Meeder Asset Management Inc., McClarren Financial Advisors Inc., and Mattson Financial Services LLC have all made recent purchases or increases in their holdings [1]. The company has seen a 76.47% ownership by institutional investors, indicating strong interest from the institutional community [1].

Allstate's latest quarterly earnings data, released on July 30, 2025, showed earnings per share of $5.94, beating the consensus estimate by $2.74. The company also announced a quarterly dividend of $1.00 per share, with an annualized dividend of $4.00 and a dividend yield of 2.0% [1]. Allstate operates in various segments, including Allstate Protection, Protection Services, Allstate Health and Benefits, Run-off Property-Liability, and Corporate and Other segments [1].

Despite the mixed analyst sentiment, Allstate's stock performance has been relatively stable, with a current ratio of 0.43, a quick ratio of 0.43, and a debt-to-equity ratio of 0.37 [1]. The stock has a market cap of $53.26 billion, a PE ratio of 9.50, a price-to-earnings-growth ratio of 0.83, and a beta of 0.35 [1]. The stock's 1-year low is $176.00, and its 1-year high is $214.76 [1].

References:
[1] https://www.marketbeat.com/instant-alerts/filing-metlife-investment-management-llc-sells-1284-shares-of-the-allstate-corporation-all-2025-08-26/