Allegion PLC (NYSE:ALLE) Given Average Rating of “Hold” by Brokerages

Allegion PLC (NYSE:ALLE) has been given an average recommendation of “Hold” by the eleven analysts that are covering the firm, Marketbeat Ratings reports. Eight equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $164.75.

ALLE has been the topic of several recent research reports. Morgan Stanley decreased their price target on shares of Allegion from $165.00 to $142.00 and set an “equal weight” rating on the stock in a research report on Wednesday, June 3rd. Longbow Research upgraded Allegion from a “neutral” rating to a “buy” rating and set a $165.00 price objective for the company in a research note on Thursday, June 11th. Bank of America decreased their target price on Allegion from $185.00 to $157.00 and set a “neutral” rating on the stock in a report on Monday, April 20th. Barclays lowered their target price on Allegion from $165.00 to $161.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 29th. Finally, Robert W. Baird set a $170.00 price target on Allegion in a report on Friday, July 24th.

Insider Buying and Selling

In related news, SVP Timothy P. Eckersley sold 6,417 shares of the business’s stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $157.26, for a total transaction of $1,009,137.42. Following the completion of the transaction, the senior vice president directly owned 29,919 shares in the company, valued at approximately $4,705,061.94. The trade was a 17.66% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Michael J. Wagnes sold 3,184 shares of the stock in a transaction that occurred on Thursday, July 23rd. The stock was sold at an average price of $150.98, for a total transaction of $480,720.32. Following the completion of the sale, the chief financial officer directly owned 31,299 shares of the company’s stock, valued at $4,725,523.02. This represents a 9.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 11,288 shares of company stock valued at $1,764,593 in the last 90 days. Corporate insiders own 0.64% of the company’s stock.

Institutional Investors Weigh In On Allegion

Several institutional investors have recently made changes to their positions in ALLE. Elevation Wealth Partners LLC raised its stake in shares of 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 acquiring an additional 200 shares in the last quarter. CYBER HORNET ETFs LLC bought a new stake in Allegion during the second quarter valued at about $33,000. Hantz Financial Services Inc. boosted its holdings 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 buying an additional 68 shares in the last quarter. Bard Associates Inc. acquired a new stake in Allegion in the fourth quarter valued at approximately $35,000. Finally, Caitong International Asset Management Co. Ltd acquired a new stake in shares of Allegion in the 3rd quarter worth $36,000. Institutional investors own 92.21% of the company’s stock.

Allegion Price Performance

NYSE ALLE opened at $165.01 on Monday. Allegion has a 52 week low of $125.00 and a 52 week high of $183.11. The firm has a market capitalization of $14.03 billion, a P/E ratio of 21.65, a PEG ratio of 3.35 and a beta of 0.84. The company has a quick ratio of 1.23, a current ratio of 1.93 and a debt-to-equity ratio of 0.96. The company has a 50-day moving average price of $144.92 and a 200-day moving average price of $146.72.

Allegion (NYSE:ALLE) last issued its quarterly earnings data on Thursday, July 23rd. The scientific and technical instruments company reported $2.40 earnings per share for the quarter, topping the consensus estimate of $2.22 by $0.18. The firm had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.12 billion. Allegion had a net margin of 15.36% and a return on equity of 35.41%. The business’s quarterly revenue was up 12.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.04 EPS. Allegion has set its FY 2026 guidance at 8.850-9.000 EPS. Equities research analysts anticipate that Allegion will post 8.93 earnings per share for the current year.

Allegion declared that its board has approved a stock repurchase program on Tuesday, April 28th that authorizes the company to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the scientific and technical instruments company to buy up to 3.9% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s leadership believes its shares are undervalued.

Key Headlines Impacting Allegion

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.

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.