Kingdom Financial Group LLC. Purchases Shares of 4,010 Allegion PLC $ALLE

Kingdom Financial Group LLC. acquired a new stake in Allegion PLC (NYSE:ALLE) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 4,010 shares of the scientific and technical instruments company’s stock, valued at approximately $638,000.

A number of other large investors have also recently made changes to their positions in ALLE. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Allegion by 7.0% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,592 shares of the scientific and technical instruments company’s stock valued at $1,251,000 after buying an additional 626 shares in the last quarter. NewEdge Advisors LLC grew its stake in shares of Allegion by 35.3% in the 1st quarter. NewEdge Advisors LLC now owns 3,272 shares of the scientific and technical instruments company’s stock worth $427,000 after acquiring an additional 854 shares in the last quarter. Jones Financial Companies Lllp grew its stake in shares of Allegion by 44.2% in the 1st quarter. Jones Financial Companies Lllp now owns 1,629 shares of the scientific and technical instruments company’s stock worth $213,000 after acquiring an additional 499 shares in the last quarter. Empowered Funds LLC grew its stake in shares of Allegion by 13.0% in the 1st quarter. Empowered Funds LLC now owns 5,673 shares of the scientific and technical instruments company’s stock worth $740,000 after acquiring an additional 651 shares in the last quarter. Finally, Focus Partners Wealth grew its stake in shares of Allegion by 204.5% in the 1st quarter. Focus Partners Wealth now owns 7,186 shares of the scientific and technical instruments company’s stock worth $937,000 after acquiring an additional 4,826 shares in the last quarter. 92.21% of the stock is owned by institutional investors.

Insider Transactions at Allegion

In related news, Director Sue Main bought 2,000 shares of the stock in a transaction that occurred on Wednesday, March 11th. The shares were acquired at an average cost of $149.61 per share, with a total value of $299,220.00. Following the completion of the purchase, the director directly owned 2,000 shares of the company’s stock, valued at $299,220. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, SVP Robert C. Martens sold 3,993 shares of the stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $137.15, for a total transaction of $547,639.95. Following the transaction, the senior vice president owned 8,570 shares in the company, valued at $1,175,375.50. The trade was a 31.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.64% of the company’s stock.

Allegion Trading Up 1.1%

Shares of Allegion stock opened at $130.67 on Friday. Allegion PLC has a 12-month low of $125.00 and a 12-month high of $183.11. The company has a market cap of $11.23 billion, a price-to-earnings ratio of 17.85, a PEG ratio of 2.69 and a beta of 0.89. The company has a current ratio of 1.91, a quick ratio of 1.19 and a debt-to-equity ratio of 0.97. The company’s 50-day moving average price is $140.66 and its 200-day moving average price is $155.50.

Allegion (NYSE:ALLE) last announced its quarterly earnings results on Tuesday, April 28th. The scientific and technical instruments company reported $1.80 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.88 by ($0.08). Allegion had a return on equity of 35.41% and a net margin of 15.24%.The firm had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $1.03 billion. During the same period in the previous year, the company posted $1.86 earnings per share. The company’s quarterly revenue was up 9.7% compared to the same quarter last year. Allegion has set its FY 2026 guidance at 8.700-8.900 EPS. On average, equities analysts expect that Allegion PLC will post 8.74 earnings per share for the current fiscal year.

Allegion declared that its Board of Directors has approved a share repurchase plan on Tuesday, April 28th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the scientific and technical instruments company to purchase up to 3.9% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

Allegion Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Monday, June 15th. Allegion’s dividend payout ratio is presently 30.05%.

Allegion News Roundup

Here are the key news stories impacting Allegion this week:

• Positive Sentiment: Zacks Research raised its earnings estimates across multiple periods for Allegion, including FY2026 to $8.72 EPS, FY2027 to $9.20 EPS, and FY2028 to $10.01 EPS, suggesting stronger long-term profit growth expectations.
• Positive Sentiment: Near-term quarterly estimates were also nudged higher, including Q2 2026 to $2.23 EPS, Q3 2026 to $2.45 EPS, and Q4 2026 to $2.24 EPS, which may reinforce confidence in operating momentum.
• Positive Sentiment: Several future quarters were revised up as well, including Q1 2027, Q2 2027, Q3 2027, Q4 2027, and Q1 2028, indicating analysts see continued earnings expansion ahead.
• Neutral Sentiment: The revisions came from a single research firm and were relatively small in most cases, so the news is supportive but not a major catalyst on its own.
• Negative Sentiment: Despite the improved outlook, Allegion’s current-year consensus EPS remains essentially in line with the latest estimate, so the market may see limited upside unless future earnings reports confirm the upgrade trend.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Barclays reduced their target price on shares of Allegion from $165.00 to $161.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 29th. Evercore raised shares of Allegion to a “strong-buy” rating in a report on Monday, April 13th. Wells Fargo & Company cut their price target on shares of Allegion from $175.00 to $155.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 1st. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $150.00 price target (down from $170.00) on shares of Allegion in a report on Friday, May 15th. Finally, Weiss Ratings downgraded shares of Allegion from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $161.50.

About Allegion

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.