Key Points
- Director Steven Mizell sold 1,000 Allegion shares on Feb. 19 at an average price of $161.51 (total $161,510), cutting his stake by 16.91 to 4,915 shares; he had also sold 400 shares on Feb. 18 at $163.79.
- Allegion reported quarterly EPS of $1.94, missing the $2.01 consensus while revenue rose 9.3% to $1.03 billion, and the company issued FY2026 guidance of $8.70–$8.90 EPS.
- The company raised its quarterly dividend to $0.55 (from $0.51), a $2.20 annualized payout (1.4% yield), and Wall Street consensus remains a "Hold" with an average target of $175.50.
Allegion PLC (NYSE:ALLE - Get Free Report) Director Steven Mizell sold 400 shares of the business's stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $163.79, for a total transaction of $65,516.00. Following the sale, the director directly owned 5,915 shares of the company's stock, valued at $968,817.85. This represents a 6.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Steven Mizell also recently made the following trade(s):
- On Thursday, February 19th, Steven Mizell sold 1,000 shares of Allegion stock. The stock was sold at an average price of $161.51, for a total value of $161,510.00.
Allegion Trading Up 0.7%
Allegion stock traded up $1.11 during midday trading on Friday, reaching $162.34. The stock had a trading volume of 890,753 shares, compared to its average volume of 927,654. Allegion PLC has a twelve month low of $116.57 and a twelve month high of $183.11. The stock has a market capitalization of $13.98 billion, a PE ratio of 21.82, a price-to-earnings-growth ratio of 3.49 and a beta of 1.03. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.11 and a current ratio of 1.84. The stock's 50-day simple moving average is $165.46 and its 200 day simple moving average is $168.09.
Allegion (NYSE:ALLE - Get Free Report) last announced its quarterly earnings results on Tuesday, February 17th. The scientific and technical instruments company reported $1.94 EPS for the quarter, missing the consensus estimate of $2.01 by ($0.07). The firm had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.04 billion. Allegion had a return on equity of 38.06% and a net margin of 15.83%.The business's revenue was up 9.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.86 earnings per share. Allegion has set its FY 2026 guidance at 8.700-8.900 EPS. Analysts expect that Allegion PLC will post 7.77 EPS for the current year.
Allegion Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be issued a $0.55 dividend. The ex-dividend date is Friday, March 13th. This is a positive change from Allegion's previous quarterly dividend of $0.51. This represents a $2.20 annualized dividend and a yield of 1.4%. Allegion's payout ratio is 29.57%.
Institutional Investors Weigh In On Allegion
Several hedge funds and other institutional investors have recently added to or reduced their stakes in ALLE. Westside Investment Management Inc. boosted its position in Allegion by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 140 shares of the scientific and technical instruments company's stock valued at $25,000 after buying an additional 70 shares during the last quarter. Pinnacle Bancorp Inc. lifted its stake in shares of Allegion by 255.6% in the fourth quarter. Pinnacle Bancorp Inc. now owns 160 shares of the scientific and technical instruments company's stock worth $25,000 after acquiring an additional 115 shares in the last quarter. First Horizon Corp purchased a new position in Allegion in the third quarter valued at about $26,000. Hantz Financial Services Inc. grew its stake in Allegion by 120.9% during the 3rd quarter. Hantz Financial Services Inc. now owns 148 shares of the scientific and technical instruments company's stock valued at $26,000 after purchasing an additional 81 shares in the last quarter. Finally, Atlantic Union Bankshares Corp acquired a new stake in Allegion during the 3rd quarter valued at approximately $29,000. Hedge funds and other institutional investors own 92.21% of the company's stock.
Analyst Upgrades and Downgrades
Several equities research analysts have recently issued reports on ALLE shares. JPMorgan Chase & Co. dropped their price objective on shares of Allegion from $190.00 to $180.00 and set an "overweight" rating for the company in a research report on Wednesday. Wells Fargo & Company reaffirmed a "positive" rating on shares of Allegion in a research report on Tuesday, December 16th. Barclays lowered their price target on Allegion from $187.00 to $180.00 and set an "equal weight" rating for the company in a report on Wednesday, January 7th. Finally, Weiss Ratings restated a "buy (b)" rating on shares of Allegion in a research note on Wednesday, January 21st. Three equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $175.50.
View Our Latest Analysis on Allegion
Allegion Company Profile
(
Get Free Report)
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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