Key Points
- Allegion SVP Tracy Kemp sold 4,469 shares at an average price of $178.81, totaling approximately $799,102. The transaction reduced Kemp’s direct ownership by 28.24%, leaving 11,358 shares.
- Allegion reported quarterly adjusted earnings of $2.60 per share, beating estimates by $0.10, while revenue rose 9.6% year over year to $1.17 billion.
- The stock traded near its 52-week high, and analysts maintained a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $179.60. Allegion also pays a quarterly dividend of $0.55 per share, yielding approximately 1.2% annually.
Allegion PLC (NYSE:ALLE - Get Free Report) SVP Tracy Kemp sold 4,469 shares of Allegion stock in a transaction on Monday, October 26th. The stock was sold at an average price of $178.81, for a total transaction of $799,101.89. Following the transaction, the senior vice president directly owned 11,358 shares in the company, valued at $2,030,923.98. This represents a 28.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Allegion Trading Up 1.5%
NYSE ALLE opened at $180.81 on Wednesday. Allegion PLC has a 1 year low of $125.00 and a 1 year high of $183.11. The company has a fifty day moving average price of $157.11 and a 200-day moving average price of $150.48.
Allegion (NYSE:ALLE - Get Free Report) last announced its earnings results on Thursday, October 22nd. The scientific and technical instruments company reported $2.60 EPS for the quarter, beating the consensus estimate of $2.50 by $0.10. The firm had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $1.14 billion. During the same quarter in the prior year, the company earned $2.30 EPS. The business's revenue for the quarter was up 9.6% on a year-over-year basis. Equities research analysts forecast that Allegion PLC will post 9.10 EPS for the current year.
Allegion Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were issued a dividend of $0.55 per share. The ex-dividend date was Tuesday, September 15th. This represents a $2.20 annualized dividend and a yield of 1.2%.
Institutional Investors Weigh In On Allegion
A number of hedge funds have recently made changes to their positions in ALLE. Continuum Advisory LLC purchased a new position in shares of Allegion in the 2nd quarter worth about $25,000. Elevation Wealth Partners LLC grew its position in Allegion by 1,666.7% during the second quarter. Elevation Wealth Partners LLC now owns 212 shares of the scientific and technical instruments company's stock valued at $30,000 after buying an additional 200 shares during the period. J.Safra Asset Management Corp bought a new position in Allegion during the second quarter valued at about $42,000. Ameritas Advisory Services LLC bought a new position in Allegion during the second quarter valued at about $44,000. Finally, Brown Lisle Cummings Inc. increased its holdings in Allegion by 14,733.3% during the third quarter. Brown Lisle Cummings Inc. now owns 445 shares of the scientific and technical instruments company's stock worth $68,000 after buying an additional 442 shares during the last quarter. 92.21% of the stock is currently owned by institutional investors.
Allegion News Summary
Here are the key news stories impacting Allegion this week:
- Positive Sentiment: Allegion raised its 2026 revenue-growth outlook to 9.5%–10.5% and adjusted EPS guidance to $9.05–$9.10. Management cited roughly 12% growth in the Americas, supported by nonresidential construction and data-center demand, although international markets remain weaker. Allegion: Raised 2026 Forecast Signals Continued Momentum
- Positive Sentiment: Zacks upgraded Allegion to Rank #2 (Buy), citing growing optimism about the company’s earnings prospects. A separate report also highlighted broker-rating upgrades and expectations for strong 2026 earnings growth. What Makes Allegion a New Buy Stock Stocks With Broker Rating Upgrades
- Positive Sentiment: At ISC East 2026, Allegion showcased integrated access-control products combining hardware, cloud connectivity and mobile solutions. The event reinforces the company’s focus on higher-value electronic and connected security offerings. Allegion Showcases Access Control at ISC East 2026
- Neutral Sentiment: Recent commentary says Allegion’s Americas growth is solid, but much of the expected upside may already be reflected in the valuation. International weakness, particularly in Germany, remains a risk. Allegion: Solid Americas Growth, But the Upside Is Already Priced In
- Negative Sentiment: Two senior vice presidents sold a combined 10,833 shares worth approximately $1.94 million. The sales reduced their respective holdings by 28.24% and 22.41%, creating a modest insider-selling signal, though the filings do not establish the reason for the transactions. SEC Insider Sale Filing
Analyst Ratings Changes
Several research firms have commented on ALLE. Robert W. Baird set a $196.00 price objective on shares of Allegion in a research note on Friday. Bank of America upgraded Allegion from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $164.00 to $200.00 in a research note on Friday, October 23rd. Evercore reaffirmed an "outperform" rating and issued a $180.00 target price on shares of Allegion in a report on Tuesday, September 22nd. Mizuho set a $180.00 target price on Allegion in a report on Friday. Finally, Weiss Ratings raised Allegion from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Thursday, October 8th. Five research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $179.60.
View Our Latest Analysis on ALLE
About Allegion
(
Get Free Report)
Allegion plc (NYSE:ALLE) is a global security products and solutions company focused on protecting people and property. Its portfolio includes mechanical and electronic locks, access control systems, door closers, exit devices, door controls, and commercial doors and frames.
The company serves commercial, institutional, industrial, and residential customers through well-known brands including Schlage, Von Duprin, LCN, Steelcraft, Briton, and aptiQ. Its offerings range from traditional hardware to connected and electronic access solutions designed for offices, schools, healthcare facilities, multifamily properties, and homes.
Allegion was established as an independent public company in 2013 following its separation from Ingersoll Rand.
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