Allstate jumps as higher bond yields and recent underwriting momentum lift insurer shares

Allstate (ALL) is up 4.8% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to a jump in U.S. Treasury yields after a stronger-than-expected May jobs report, which can be a tailwind for insurers’ investment income outlook. The rally may also reflect investors leaning into Allstate’s recent underwriting improvement narrative and continued policy growth.

Details:

Bond yields moved higher following a strong May U.S. employment report, shifting expectations toward a more hawkish interest-rate path, which often benefits insurers with large fixed-income portfolios.

Allstate’s April 2026 monthly release disclosed $870 million of estimated pre-tax catastrophe losses from wind and hail events, while also showing year-over-year growth in auto and homeowners policies in force as of April 30, 2026.

Allstate’s first-quarter 2026 results showed a sharp improvement in profitability versus the prior year, helped by better underwriting performance and lower catastrophe impacts compared with the prior-year period.

Recent analyst actions have included raised price targets while maintaining bullish ratings, which can provide incremental support when momentum turns positive.

Sources:

Allstate Investor Relations (SEC filings/press releases), AP News, Yahoo Finance, MarketBeat

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 34 times in the past 6 months. Of those trades, 0 have been purchases and 34 have been sales.

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

THOMAS J WILSON (Chairman, President & CEO) has made 0 purchases and 26 sales selling 117,649 shares for an estimated $24,454,091.
JESSE E MERTEN has made 0 purchases and 4 sales selling 33,986 shares for an estimated $7,088,485.
SUREN GUPTA sold 19,593 shares for an estimated $4,114,530
MARIO RIZZO sold 18,578 shares for an estimated $4,064,866
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.

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$ALL Hedge Fund Activity

We have seen 780 institutional investors add shares of $ALL stock to their portfolio, and 756 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

FRANKLIN RESOURCES INC added 3,014,768 shares (+60.2%) to their portfolio in Q1 2026, for an estimated $624,494,117
GQG PARTNERS LLC added 1,452,993 shares (+36.0%) to their portfolio in Q4 2025, for an estimated $302,440,492
QUBE RESEARCH & TECHNOLOGIES LTD removed 879,495 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $182,182,991
PRICE T ROWE ASSOCIATES INC /MD/ removed 872,988 shares (-7.5%) from their portfolio in Q1 2026, for an estimated $180,835,099
ALLIANZ ASSET MANAGEMENT GMBH added 821,832 shares (+304.8%) to their portfolio in Q1 2026, for an estimated $170,238,389
GOLDMAN SACHS GROUP INC added 780,193 shares (+38.1%) to their portfolio in Q1 2026, for an estimated $161,613,078
MENORA MIVTACHIM HOLDINGS LTD. removed 742,598 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $153,825,462

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 Analyst Ratings

Wall Street analysts have issued reports on $ALL in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Keefe, Bruyette & Woods issued a "Outperform" rating on 02/11/2026

To track analyst ratings and price targets for $ALL, check out Quiver Quantitative's $ALL forecast page.

$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 $237.0.

Here are some recent targets:

Meyer Shields from Keefe, Bruyette & Woods set a target price of $266.0 on 05/07/2026
Elyse Greenspan from Wells Fargo set a target price of $243.0 on 05/06/2026
Paul Newsome from Piper Sandler set a target price of $268.0 on 05/01/2026
Matthew Heimermann from Citigroup set a target price of $226.0 on 05/01/2026
Alex Scott from Barclays set a target price of $208.0 on 04/08/2026
Yaron Kinar from Mizuho set a target price of $265.0 on 03/20/2026
Ryan Tunis from Cantor Fitzgerald set a target price of $220.0 on 02/05/2026

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.