Key Points
- Sue Main, an Allegion director, bought 2,000 shares on March 11 at an average price of $149.61, spending about $299,220 and now holds 2,000 shares.
- Allegion missed quarterly estimates with EPS of $1.94 versus a $2.01 consensus and revenue of $1.03 billion (vs. $1.04 billion), though revenue rose 9.3% year-over-year; management set FY2026 guidance of $8.70–$8.90 EPS.
- The board raised the quarterly dividend to $0.55 ($2.20 annualized, ~1.5% yield) with an ex-dividend date of March 13, while the stock traded near $144.85 and carries a MarketBeat consensus rating of “Hold” with a $175 price target.
Allegion PLC (NYSE:ALLE - Get Free Report) Director Sue Main acquired 2,000 shares of the stock in a transaction dated Wednesday, March 11th. The shares were bought at an average cost of $149.61 per share, with a total value of $299,220.00. Following the completion of the transaction, the director owned 2,000 shares of the company's stock, valued at approximately $299,220. This represents a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Allegion Stock Down 0.7%
NYSE:ALLE traded down $1.00 during mid-day trading on Friday, hitting $144.85. The stock had a trading volume of 218,581 shares, compared to its average volume of 918,395. Allegion PLC has a twelve month low of $116.57 and a twelve month high of $183.11. The stock has a 50-day simple moving average of $163.80 and a two-hundred day simple moving average of $166.89. The company has a current ratio of 1.84, a quick ratio of 1.16 and a debt-to-equity ratio of 0.96. The company has a market capitalization of $12.48 billion, a PE ratio of 19.46, a PEG ratio of 3.17 and a beta of 1.03.
Allegion (NYSE:ALLE - Get Free Report) last posted 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). Allegion had a return on equity of 38.06% and a net margin of 15.83%.The firm had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.04 billion. During the same quarter last year, the firm earned $1.86 EPS. The company's revenue was up 9.3% on a year-over-year basis. Allegion has set its FY 2026 guidance at 8.700-8.900 EPS. On average, equities research analysts anticipate that Allegion PLC will post 7.77 EPS for the current year.
Allegion Increases Dividend
The firm also recently announced 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. This represents a $2.20 annualized dividend and a yield of 1.5%. This is a boost from Allegion's previous quarterly dividend of $0.51. The ex-dividend date of this dividend is Friday, March 13th. Allegion's dividend payout ratio is currently 27.42%.
Analyst Upgrades and Downgrades
ALLE has been the subject of several analyst reports. JPMorgan Chase & Co. lowered their price objective on Allegion from $190.00 to $180.00 and set an "overweight" rating for the company in a research report on Wednesday, February 18th. Barclays cut their target price on Allegion from $180.00 to $176.00 and set an "equal weight" rating on the stock in a research report on Monday, February 23rd. Wells Fargo & Company reaffirmed a "positive" rating on shares of Allegion in a report on Tuesday, December 16th. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of Allegion in a research note on Wednesday, January 21st. Three research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $175.00.
Read Our Latest Report on ALLE
Institutional Trading of Allegion
A number of large investors have recently made changes to their positions in the company. Oregon Public Employees Retirement Fund increased its position in Allegion by 0.6% during 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 buying an additional 59 shares during the period. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Allegion by 16.5% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 424 shares of the scientific and technical instruments company's stock valued at $75,000 after acquiring an additional 60 shares during the period. Diversify Advisory Services LLC grew its position 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 worth $380,000 after acquiring an additional 60 shares during the last quarter. HM Payson & Co. grew its position in shares of Allegion by 2.4% during the third quarter. HM Payson & Co. now owns 2,644 shares of the scientific and technical instruments company's stock worth $469,000 after acquiring an additional 63 shares during the last quarter. Finally, D.A. Davidson & CO. increased its holdings in shares of Allegion by 4.1% in the 4th 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. 92.21% of the stock is owned by institutional investors and hedge funds.
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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