Burney Co. Increases Allstate Stake by 32%

Institutional investor adds over 10,000 shares of insurance provider in Q4

Apr. 12, 2026 at 8:53am

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An extreme close-up of gleaming, complex banking machinery and equipment, conveying the secure, institutional nature of the financial services industry.Burney Co.'s increased stake in Allstate reflects ongoing institutional confidence in the insurer's growth and performance.Northbrook Today

Burney Co., an institutional investor, increased its holdings in shares of The Allstate Corporation (NYSE: ALL) by 32.3% during the fourth quarter, according to a recent SEC filing. The firm now owns 41,187 shares of the insurance provider's stock, valued at $8.6 million.

Why it matters

The increase in Burney Co.'s Allstate stake suggests the institutional investor sees further upside potential in the insurance company's stock. Allstate has been a strong performer, with the stock up over 15% in the past year as the company navigates a competitive insurance market.

The details

According to the SEC filing, Burney Co. purchased an additional 10,057 shares of Allstate during the fourth quarter, bringing its total position to 41,187 shares. The institutional investor cited Allstate's solid financial performance and growth prospects as reasons for increasing its stake in the company.

  • Burney Co. disclosed the increased Allstate holdings in a Q4 2025 SEC filing.

The players

Burney Co.

An institutional investment firm that increased its stake in Allstate by over 32% in the fourth quarter.

The Allstate Corporation

A major U.S. insurance provider headquartered in Northbrook, Illinois.

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The takeaway

Burney Co.'s increased investment in Allstate suggests the institutional investor sees further upside potential in the insurance company's stock, which has been a strong performer in recent quarters.