Shares of Allegion PLC (NYSE:ALLE – Get Free Report) have earned a consensus recommendation of “Hold” from the eleven research firms that are covering the stock, Marketbeat.com reports. Eight investment analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $164.75.
A number of brokerages have weighed in on ALLE. Barclays cut their price target on shares of Allegion from $165.00 to $161.00 and set an “equal weight” rating for the company in a report on Wednesday, April 29th. Bank of America lowered their price objective on shares of Allegion from $185.00 to $157.00 and set a “neutral” rating on the stock in a research note on Monday, April 20th. Morgan Stanley dropped their target price on shares of Allegion from $165.00 to $142.00 and set an “equal weight” rating on the stock in a report on Wednesday, June 3rd. Longbow Research raised shares of Allegion from a “neutral” rating to a “buy” rating and set a $165.00 target price for the company in a research note on Thursday, June 11th. Finally, JPMorgan Chase & Co. raised their target price on shares of Allegion from $150.00 to $170.00 and gave the stock a “neutral” rating in a report on Friday, July 24th.
Get Our Latest Stock Report on ALLE
Insider Buying and Selling
Institutional Trading of Allegion
Several institutional investors and hedge funds have recently bought and sold shares of ALLE. Oregon Public Employees Retirement Fund increased its position in shares of Allegion by 0.6% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 9,817 shares of the scientific and technical instruments company’s stock worth $1,563,000 after acquiring an additional 59 shares in the last quarter. Diversify Advisory Services LLC raised its holdings in shares of Allegion by 2.7% during the third quarter. Diversify Advisory Services LLC now owns 2,308 shares of the scientific and technical instruments company’s stock valued at $380,000 after acquiring an additional 60 shares during the period. D.A. Davidson & CO. raised its holdings in shares of Allegion by 4.1% during the fourth quarter. D.A. Davidson & CO. now owns 1,612 shares of the scientific and technical instruments company’s stock valued at $257,000 after acquiring an additional 63 shares during the period. Hantz Financial Services Inc. lifted its position in shares of Allegion by 45.9% in the 4th quarter. Hantz Financial Services Inc. now owns 216 shares of the scientific and technical instruments company’s stock valued at $34,000 after acquiring an additional 68 shares in the last quarter. Finally, LRI Investments LLC lifted its position in shares of Allegion by 10.0% in the 4th quarter. LRI Investments LLC now owns 793 shares of the scientific and technical instruments company’s stock valued at $126,000 after acquiring an additional 72 shares in the last quarter. Institutional investors and hedge funds own 92.21% of the company’s stock.
Allegion News Summary
Here are the key news stories impacting Allegion this week:
- Positive Sentiment: Zacks raises earnings forecasts across multiple periods. Zacks Research increased its FY2026 EPS estimate to $8.90 from $8.72, FY2027 to $9.44 from $9.25, and FY2028 to $10.31 from $10.05. The firm also lifted estimates for several quarterly periods, including Q3 2026, Q1-Q4 2027, and Q1-Q2 2028. The revisions indicate greater confidence in Allegion’s earnings growth.
- Positive Sentiment: Longer-term earnings growth remains favorable. Zacks’ FY2028 forecast implies continued expansion from its FY2026 estimate, while the current-year consensus EPS estimate is $8.93. Allegion’s latest reported quarter also featured earnings and revenue above analyst expectations, supporting the constructive outlook.
- Neutral Sentiment: Company publishes inclusive-design material. Allegion released an e-book discussing inclusive design beyond compliance with the Americans with Disabilities Act. The publication may support the company’s brand and thought-leadership efforts but has no disclosed near-term financial impact. Allegion E-Book Examines Inclusive Design Beyond ADA Compliance
- Negative Sentiment: Current-year forecast remains slightly below consensus. Zacks’ FY2026 EPS estimate of $8.90 is below the broader analyst consensus of $8.93. That small gap is not a major deterioration, but it limits the immediate bullish effect of the upward revisions.
Allegion Stock Down 0.9%
Shares of ALLE stock opened at $165.01 on Monday. Allegion has a 1 year low of $125.00 and a 1 year high of $183.11. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.23 and a current ratio of 1.93. The business’s fifty day moving average is $144.92 and its 200-day moving average is $146.86. The stock has a market cap of $14.03 billion, a PE ratio of 21.65, a price-to-earnings-growth ratio of 3.38 and a beta of 0.84.
Allegion (NYSE:ALLE – Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The scientific and technical instruments company reported $2.40 earnings per share for the quarter, beating the consensus estimate of $2.22 by $0.18. The business had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.12 billion. Allegion had a return on equity of 35.41% and a net margin of 15.36%.The company’s revenue was up 12.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.04 earnings per share. Allegion has set its FY 2026 guidance at 8.850-9.000 EPS. Equities analysts expect that Allegion will post 8.93 earnings per share for the current fiscal year.
Allegion announced that its Board of Directors has approved a share repurchase plan on Tuesday, April 28th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the scientific and technical instruments company to reacquire up to 3.9% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board believes its shares are undervalued.
Allegion Company Profile
Allegion plc (NYSE: ALLE) is a global provider of security products and solutions focused on ensuring the safety and security of people and property. The company was formed in December 2013 through a corporate spin-off from Ingersoll Rand and is headquartered in Dublin, Ireland. Allegion’s core mission is to deliver innovative mechanical and electronic access control systems for a wide range of end markets, including commercial buildings, residential properties, institutional facilities, and industrial sites.
The company’s product portfolio spans mechanical locksets, door closers, exit devices, key systems and cylinders, as well as a growing suite of electronic and smart access control offerings.
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