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Allstate Corporation (The) ($ALL) Stock Forecast: Up 5.4% Today

Morpher AI identified a bullish signal. The stock price may continue to rise based on the momentum of the good news.

What is Allstate Corporation (The)?

Allstate Corporation (ALL) Market: The overall market for insurance companies seems to be performing well, with companies like Allstate Corporation reporting strong quarterly earnings and dividends.

Why is Allstate Corporation (The) going up?

ALL stock is up 5.4% on Feb 5, 2026 14:52

  • Experienced a strong bullish movement today.
  • The reduction in stake by one institutional investor did not deter others from increasing their positions in Allstate, indicating continued confidence in the company.
  • Strong quarterly earnings, surpassing analyst expectations, and the announcement of a generous quarterly dividend of $1.00 per share likely contributed to the bullish market movement.
  • The positive sentiment towards Allstate, coupled with its solid financial performance, could have attracted more investors, driving the stock price higher.

ALL Price Chart

ALL Technical Analysis

ALL News

Principal Financial Group Inc. Reduces Holdings in The Allstate Corporation $ALL

Principal Financial Group Inc. decreased its stake in The Allstate Corporation by 2.5% in the third quarter of 2025, selling 7,888 shares and retaining 307,877 shares worth approximately $66.09 million. Despite this reduction, other institutional investors increased their positions in Allstate. The company reported strong quarterly earnings, beating analyst estimates, and announced a quarterly dividend of $1.00 per share.

https://www.marketbeat.com/instant-alerts/filing-principal-financial-group-inc-reduces-holdings-in-the-allstate-corporation-all-2026-02-04/

0 News Article Image Principal Financial Group Inc. Reduces Holdings in The Allstate Corporation $ALL

Federal Signal Corporation $FSS Shares Sold by Van Berkom & Associates Inc.

Van Berkom & Associates Inc. significantly reduced its stake in Federal Signal Corporation (NYSE:FSS) by 23.9% in the third quarter, selling 199,898 shares, though FSS remains its 23rd-largest holding valued at $75.79 million. Despite this, institutional ownership of Federal Signal is high at 92.73%, with other major firms like First Trust and Allianz increasing their positions. The company also saw an insider sale by COO Mark Weber, who sold over 51,000 shares for $5.71 million, reducing his ownership by 40.93%.

https://www.marketbeat.com/instant-alerts/filing-federal-signal-corporation-fss-shares-sold-by-van-berkom-associates-inc-2026-02-04/

1 News Article Image Federal Signal Corporation $FSS Shares Sold by Van Berkom & Associates Inc.

Fortinet, Inc. $FTNT Stock Position Reduced by Principal Financial Group Inc.

Principal Financial Group Inc. decreased its stake in Fortinet, Inc. by 2.2% in the third quarter, selling 17,777 shares and now owning 783,495 shares worth $65.88 million. Other institutional investors have also modified their positions, with notable increases from BNP PARIBAS ASSET MANAGEMENT Holding S.A. and Wealth Enhancement Advisory Services LLC. The article also highlights mixed sentiment surrounding Fortinet, with positive notes on potential Q4 upside and resilient ARR growth, alongside negative sentiment from analyst downgrades and significant insider selling by CEO Ken Xie and VP Michael Xie.

https://www.marketbeat.com/instant-alerts/filing-fortinet-inc-ftnt-stock-position-reduced-by-principal-financial-group-inc-2026-02-04/

2 News Article Image Fortinet, Inc. $FTNT Stock Position Reduced by Principal Financial Group Inc.

RenaissanceRe (NYSE:RNR) Exceeds Q4 CY2025 Expectations

RenaissanceRe (NYSE:RNR) reported strong Q4 CY2025 results, with revenue exceeding Wall Street expectations, growing 29.6% year-on-year to $2.97 billion. The company's non-GAAP profit of $13.34 per share was 28.2% above analyst estimates, and its combined ratio significantly beat forecasts at 71.4%. Despite a slight miss on net premiums earned, the overall quarter was positive, driven by robust revenue growth and an excellent 26.2% year-on-year growth in book value per share.

https://finviz.com/news/298215/renaissancere-nyse-rnr-exceeds-q4-cy2025-expectations

3 News Article Image RenaissanceRe (NYSE:RNR) Exceeds Q4 CY2025 Expectations

Prudential's fourth-quarter profit jumps on underwriting strength

Prudential Financial reported a rise in fourth-quarter profit, driven by strong underwriting and investment gains. The company's adjusted operating income reached $1.17 billion, or $3.30 per share, for the quarter ending December 31. Its international businesses saw an increase in operating income, and assets under management for its global investment management business, PGIM, grew to $1.61 trillion.

https://www.reuters.com/business/prudentials-fourth-quarter-profit-jumps-underwriting-strength-2026-02-03/

4 Missing News Article Image Prudential's fourth-quarter profit jumps on underwriting strength

Allstate Corporation (The) Price History

13.00.2026 - ALL Stock was down 2.7%

  • Allstate was downgraded from a "Buy" to a "Hold" rating by TD Cowen, with a raised price target of $231, indicating a potential upside of 8.79%.
  • Despite strong Q4 earnings, insider selling activity by Suren Gupta may have impacted investor sentiment negatively.
  • The downgrade and insider selling likely contributed to the bearish movement in Allstate's stock price.
  • A settlement between Light & Wonder and Aristocrat Leisure resulted in a surge in Light & Wonder's shares, potentially diverting investor attention from Allstate and impacting its stock performance negatively.

06.00.2026 - ALL Stock was up 1.2%

  • MET displayed a bullish trend today, likely influenced by the positive outlook towards stable, dividend-paying stocks in the current market landscape.
  • The emphasis on financial resilience and wealth accumulation highlighted in recent discussions could have attracted more investors to MET, contributing to its upward trajectory.
  • The reliable performance of MET compared to the more volatile, short-term options in the market may have underscored its appeal to investors seeking consistency and steady returns.
  • The depiction of MET as a foundational stock for sustainable wealth creation may have struck a chord with investors, resulting in heightened interest and the positive movement in the stock price.

14.00.2026 - ALL Stock was down 5.1%

  • Allstate Corp (ALL) stock experienced a significant decline of 5.28% despite outperforming the broader market indexes, including the S&P 500 and Dow Jones Industrial Average.
  • The bearish movement in ALL stock could be attributed to CEO Thomas J. Wilson's substantial sale of $3.49 million in company stock, signaling a lack of confidence in the company's future performance.
  • Analyst downgrades, such as the one from TD Cowen, shifting the rating from "Buy" to "Hold" and raising the price target, might have contributed to the negative market sentiment towards ALL stock.
  • The overall challenges in the auto insurance sector, as highlighted by deteriorating fundamentals and competitive market conditions, could be influencing investors' perception of Allstate Corp's future growth prospects, leading to the bearish market movement.

05.01.2026 - ALL Stock was up 5.4%

  • Experienced a strong bullish movement today.
  • The reduction in stake by one institutional investor did not deter others from increasing their positions in Allstate, indicating continued confidence in the company.
  • Strong quarterly earnings, surpassing analyst expectations, and the announcement of a generous quarterly dividend of $1.00 per share likely contributed to the bullish market movement.
  • The positive sentiment towards Allstate, coupled with its solid financial performance, could have attracted more investors, driving the stock price higher.

02.10.2023 - ALL Stock was up 6.0%

  • The bullish movement in ALL stock today can be attributed to the following factors:
  • 1. Strong Q3 Earnings: The company reported better-than-expected earnings, with a significant improvement compared to the same period last year. This positive financial performance indicates that Allstate is effectively managing its business operations.
  • 2. Revenue Beat: Allstate's revenue for the quarter exceeded expectations by a substantial margin. This suggests that the company is experiencing robust growth and generating higher income from its insurance products.
  • 3. Strategic Investments: Allstate's recent investments in insuretech startup Next Insurance, as well as its partnership with Allianz, demonstrate the company's commitment to innovation and expanding its market reach. These strategic moves are likely seen as positive by investors, contributing to the bullish market movement.
  • 4. Industry Trends: The news about other insurers leaving California due to wildfire risks may have indirectly benefited Allstate. As a well-established insurance provider, Allstate could potentially attract customers who are seeking reliable coverage in the region.
  • Overall, the combination of strong financial performance, strategic investments, and favorable industry dynamics likely contributed to the bullish movement in ALL stock today.

08.01.2024 - ALL Stock was up 5.5%

  • The bullish movement in ALL stock today can be attributed to the following factors:
  • 1. Strong Q4 Earnings: The company reported a significant improvement in earnings, with a net income of $1.49 billion compared to a loss in the same period last year. This positive financial performance has likely boosted investor confidence in the stock.
  • 2. Positive Analyst Estimates: ALL exceeded the average estimate of analysts surveyed by Zacks Investment Research, reporting earnings of $5.52 per share compared to the expected $3.87 per share. This outperformance may have attracted additional buying interest from investors.
  • 3. Market Demand for Insurance: The news about insurance companies reducing coverage in climate-dangerous areas may have highlighted the importance of reliable insurance providers like Allstate. This increased awareness of the need for insurance coverage could have contributed to the bullish sentiment surrounding ALL stock.
  • 4. Telematics Innovation: The article mentioning Allstate's use of telematics to help customers save money on car insurance indicates the company's commitment to innovation and customer-centric solutions. This may have positively influenced investor sentiment and contributed to the bullish market movement.
  • Overall, the strong earnings, positive analyst estimates, market demand for insurance, and innovative approach to customer solutions have likely fueled the bullish movement in ALL stock today.

17.09.2023 - ALL Stock was up 7.2%

  • The bullish movement in Allstate's stock today can be attributed to the following factors:
  • 1. Activist Investor Trian Fund Management: The news of Trian Fund Management building a stake in Allstate has likely sparked investor optimism and confidence in the company's future prospects, leading to an increase in the stock price.
  • 2. Positive Market Sentiment: The overall market sentiment, as indicated by the rising interest rates and the Federal Reserve's efforts to contain inflation, may have contributed to the bullish movement in Allstate's stock. Investors may view rising interest rates as beneficial for insurance companies, potentially leading to higher investment returns.
  • 3. Natural Disasters and Losses: Despite the recent challenges faced by Allstate due to natural disasters and consecutive quarters of losses, the market seems to have responded positively to the company's efforts to recover and the potential impact of the activist investor's involvement.
  • 4. Reduction in Stake by New York State Teachers Retirement System: The news of New York State Teachers Retirement System selling a portion of its stake in Allstate may have been overshadowed by the positive developments surrounding the company, leading to minimal impact on the stock price.
  • Overall, the combination of Trian Fund Management's stake, positive market sentiment, and the company's resilience in the face of challenges may have contributed to the bullish movement in Allstate's stock today.

13.09.2023 - ALL Stock was up 5.5%

  • The bullish movement in ALL could be attributed to the positive sentiment towards riskier assets in the market.
  • The article mentions the bear market in global bonds and the potential impact on various sectors such as Chinese property, unlisted REITs in Europe, and commercial property in the US. This uncertainty may have led investors to seek safer investments like stocks, including ALL.
  • The mention of central banks being aware of the growing pains and the need to stay nimble and have cash on the sideline could have also contributed to the bullish movement in ALL, as investors may see it as a relatively safe option in a volatile market.

18.06.2024 - ALL Stock was up 5.1%

  • The bullish movement in Allstate's stock today can be attributed to several factors:
  • Allstate announcing estimated catastrophe losses for June and the second quarter of 2024. Despite the losses, investors may have viewed the transparency and proactive communication positively.
  • The announcement of a quarterly dividend payable on October 1, 2024, showcasing the company's commitment to shareholder value and financial stability.
  • The market likely responded favorably to these updates, as they demonstrate Allstate's resilience in managing risks and maintaining shareholder returns amidst challenging circumstances.
  • Overall, the combination of transparent communication on catastrophe losses and the dividend declaration could have instilled confidence in investors, leading to the bullish movement in Allstate's stock today.

25.06.2024 - ALL Stock was down 2.6%

  • The decline in Allstate Corporation's stock today may be linked to several factors:
  • Legal concerns arose following a lawsuit regarding a $4 billion Maui fire settlement, possibly impacting investor confidence in the company's financial standing.
  • The company's significant pretax catastrophe losses of $2.1 billion in the second quarter may have also contributed to doubts about its financial stability and profitability.
  • General pessimism surrounding the insurance industry due to escalating catastrophic events and legal issues could have added to the negative sentiment around Allstate Corporation's stock today.

14.07.2024 - ALL Stock was up 5.4%

  • Allstate's stock experienced a strong bullish movement recently.
  • The bullish trend is linked to the company's strategic decision to sell its Employer Voluntary Benefits business, resulting in a $2.0 billion cash deal with StanCorp Financial Group Inc. This move is poised to generate a $600 million gain and increase deployable capital by $1.6 billion for Allstate.
  • Investors appear to be responding favorably to this development, as the sale initiates Allstate's plan to boost growth and streamline operations.
  • Market response reflects confidence in Allstate's strategic choices and its capacity to optimize its business portfolio for future growth and profitability.

14.07.2024 - ALL Stock was up 5.0%

  • Allstate's stock saw a significant increase after reaching a deal to sell its Employer Voluntary Benefits business to StanCorp Financial Group for $2 billion in cash. This move is expected to generate a substantial gain and boost deployable capital, indicating a strategic shift in the company's focus.
  • The sale of the business unit is part of Allstate's strategy to enhance growth and streamline its operations, potentially leading to increased efficiency and profitability in the future.
  • This strategic decision to divest a non-core business segment could be positively perceived by investors, as it allows Allstate to reallocate resources and focus on core operations, which might have contributed to the bullish market movement today.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.