Allstate Slides as Investors Weigh Fresh Catastrophe Losses

The Allstate Corporation (ALL) is down 5.2% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is Allstate’s newly disclosed August catastrophe losses, which added another sizable weather-related hit to near-term earnings expectations. This could also reflect investor concern that elevated storm losses may offset some of the company’s otherwise strong underwriting and investment performance.

Details:

Allstate disclosed estimated August catastrophe losses of $748 million before taxes, or $591 million after taxes, in a filing released on September 17, 2026.

The company said August included 21 catastrophe events, with about half of the losses tied to one wind and hail event, suggesting concentrated weather exposure during the month.

Allstate also said total catastrophe losses for July and August reached $1.43 billion before taxes, which may have raised worries about pressure on third-quarter profitability.

Earlier second-quarter results had been strong, with higher revenue, solid underwriting results, and increased share repurchases, so the selloff appears tied more to the new loss update than to deterioration in the broader business.

Sources:

SEC, The Allstate Corporation, AP News

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$ALL Insider Trading Activity

$ALL insiders have traded $ALL stock on the open market 8 times in the past 6 months. Of those trades, 0 have been purchases and 8 have been sales.

Here’s a breakdown of recent trading of $ALL stock by insiders over the last 6 months:

MARIO RIZZO has made 0 purchases and 3 sales selling 74,803 shares for an estimated $18,935,380.
JOHN E DUGENSKE has made 0 purchases and 3 sales selling 32,996 shares for an estimated $8,886,802.
ANDREA REDMOND sold 2,225 shares for an estimated $451,474
MARK Q PRINDIVILLE sold 1,550 shares for an estimated $335,226

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$ALL Hedge Fund Activity

We have seen 858 institutional investors add shares of $ALL stock to their portfolio, and 748 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

PRICE T ROWE ASSOCIATES INC /MD/ removed 2,882,157 shares (-26.7%) from their portfolio in Q2 2026, for an estimated $685,780,436
BANK OF AMERICA CORP /DE/ removed 1,985,933 shares (-25.1%) from their portfolio in Q2 2026, for an estimated $472,532,898
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 1,856,753 shares (+inf%) to their portfolio in Q2 2026, for an estimated $441,795,808
DEUTSCHE BANK AG\ added 1,315,314 shares (+45.0%) to their portfolio in Q2 2026, for an estimated $312,965,813
JPMORGAN CHASE & CO added 1,085,549 shares (+inf%) to their portfolio in Q2 2026, for an estimated $258,295,529
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 1,066,995 shares (+139.6%) to their portfolio in Q2 2026, for an estimated $253,880,790
BLACKROCK, INC. added 971,480 shares (+4.4%) to their portfolio in Q2 2026, for an estimated $231,153,951

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$ALL Congressional Stock Trading

Members of Congress have traded $ALL stock 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $ALL stock by members of Congress over the last 6 months:

REPRESENTATIVE MICHAEL A. RULLI sold up to $15,000 on 08/12.
SENATOR ALAN ARMSTRONG purchased up to $15,000 on 03/27.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$ALL Price Targets

Multiple analysts have issued price targets for $ALL recently. We have seen 10 analysts offer price targets for $ALL in the last 6 months, with a median target of $249.0.

Here are some recent targets:

Yaron Kinar from Mizuho set a target price of $272.0 on 07/09/2026
Ryan Tunis from Cantor Fitzgerald set a target price of $242.0 on 07/09/2026
Meyer Shields from Keefe, Bruyette & Woods set a target price of $255.0 on 07/08/2026
Alex Scott from Barclays set a target price of $213.0 on 07/07/2026
Vikram Gandhi from HSBC set a target price of $264.0 on 07/06/2026
Bob Huang from Morgan Stanley set a target price of $240.0 on 07/06/2026
C. Gregory Peters from Raymond James set a target price of $300.0 on 07/06/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.