Signaturefd LLC Purchases 21,799 Shares of Allegion PLC $ALLE

Signaturefd LLC boosted its position in Allegion PLC (NYSE:ALLE) by 1,666.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,107 shares of the scientific and technical instruments company’s stock after buying an additional 21,799 shares during the period. Signaturefd LLC’s holdings in Allegion were worth $3,553,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Citizens Financial Group Inc. RI increased its stake in shares of Allegion by 1,760.4% during the third quarter. Citizens Financial Group Inc. RI now owns 28,278 shares of the scientific and technical instruments company’s stock worth $4,348,000 after acquiring an additional 26,758 shares during the period. Sowell Financial Services LLC purchased a new position in Allegion during the third quarter worth about $1,627,000. One Wealth Capital Management LLC purchased a new position in Allegion during the third quarter worth about $216,000. Evergreen Capital Management LLC acquired a new stake in Allegion in the third quarter valued at about $3,023,000. Finally, Gibbs Wealth Management lifted its position in Allegion by 5.2% in the third quarter. Gibbs Wealth Management now owns 3,515 shares of the scientific and technical instruments company’s stock valued at $541,000 after purchasing an additional 173 shares during the period. 92.21% of the stock is owned by institutional investors and hedge funds.

Allegion News Roundup

Here are the key news stories impacting Allegion this week:

• Positive Sentiment: Q3 earnings and revenue beat estimates. Allegion reported adjusted earnings of $2.60 per share versus the $2.50 consensus, while revenue rose 9.6% year over year to $1.17 billion, ahead of the $1.14 billion estimate. Allegion Q3 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management raised full-year guidance. Allegion now expects 2026 adjusted EPS of $9.05–$9.10, above the roughly $8.96 consensus, and revenue of approximately $4.5 billion versus estimates near $4.4 billion. Its reported revenue-growth outlook was raised to 9.5%–10.5%. Allegion Raises 2026 Adjusted EPS Outlook
• Positive Sentiment: Americas demand is driving the recovery. Low-double-digit organic growth in Americas non-residential markets, combined with margin expansion, helped offset weaker international performance and strengthened confidence in volume growth. Allegion Key Takeaways for Long-Term Investors
• Positive Sentiment: Analyst sentiment improved. Bank of America upgraded Allegion to Buy from Neutral and lifted its price target to $200 from $164. JPMorgan raised its target to $183, while Morgan Stanley increased its target to $170. BofA said improving volumes could support a further valuation re-rating. B of A Securities Upgrades Allegion

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on ALLE. Mizuho set a $180.00 price objective on Allegion in a report on Friday. JPMorgan Chase & Co. increased their target price on Allegion from $170.00 to $183.00 and gave the stock a “neutral” rating in a research note on Friday. Weiss Ratings raised Allegion from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. Robert W. Baird set a $196.00 price target on Allegion in a report on Friday. Finally, Evercore restated an “outperform” rating and issued a $180.00 price target on shares of Allegion in a research note on Tuesday, September 22nd. Four investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $173.56.

Insider Transactions at Allegion

In other Allegion news, SVP Vincent Wenos sold 1,000 shares of the firm’s stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $168.25, for a total transaction of $168,250.00. Following the completion of the transaction, the senior vice president directly owned 12,096 shares in the company, valued at approximately $2,035,152. This trade represents a 7.64% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Steven Mizell bought 170 shares of the business’s stock in a transaction on Friday, August 28th. The shares were acquired at an average price of $158.28 per share, with a total value of $26,907.60. Following the transaction, the director owned 5,899 shares of the company’s stock, valued at $933,693.72. The trade was a 2.97% increase in their position. The disclosure for this purchase is available in the SEC filing. 0.64% of the stock is currently owned by corporate insiders.

Allegion Stock Down 0.0%

ALLE opened at $178.95 on Monday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.24 and a current ratio of 1.90. The company has a market cap of $15.09 billion, a price-to-earnings ratio of 22.29, a PEG ratio of 3.59 and a beta of 0.81. Allegion PLC has a one year low of $125.00 and a one year high of $183.11. The business’s fifty day moving average is $156.32 and its two-hundred day moving average is $146.40.

Allegion (NYSE:ALLE) last announced its quarterly earnings results on Thursday, October 22nd. The scientific and technical instruments company reported $2.60 earnings per share for the quarter, beating analysts’ consensus estimates of $2.50 by $0.10. The business had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.14 billion. Allegion had a return on equity of 35.52% and a net margin of 15.74%. The business’s revenue for the quarter was up 9.6% on a year-over-year basis. During the same quarter last year, the business posted $2.30 earnings per share. Analysts anticipate that Allegion PLC will post 9.04 EPS for the current fiscal year.

Allegion Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were given a $0.55 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $2.20 annualized dividend and a dividend yield of 1.2%. Allegion’s payout ratio is currently 27.40%.

About Allegion

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.