Eurizon Capital SGR S.p.A. decreased its holdings in Allegion PLC (NYSE:ALLE – Free Report) by 17.3% in the 3rd quarter, HoldingsChannel reports. The firm owned 319,860 shares of the scientific and technical instruments company’s stock after selling 66,679 shares during the quarter. Eurizon Capital SGR S.p.A.’s holdings in Allegion were worth $49,185,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Continuum Advisory LLC acquired a new stake in shares of Allegion during the second quarter valued at approximately $25,000. Elevation Wealth Partners LLC boosted 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 purchasing an additional 200 shares during the last quarter. Valued Wealth Advisors LLC grew its stake in shares of Allegion by 4,960.0% in the 3rd quarter. Valued Wealth Advisors LLC now owns 253 shares of the scientific and technical instruments company’s stock valued at $39,000 after buying an additional 248 shares in the last quarter. J.Safra Asset Management Corp bought a new stake in Allegion in the second quarter worth approximately $42,000. Finally, Ameritas Advisory Services LLC acquired a new position in Allegion during the second quarter worth $44,000. 92.21% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Several equities research analysts have recently issued reports on the stock. Weiss Ratings upgraded shares of Allegion from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. Mizuho set a $180.00 target price on Allegion in a report on Friday, October 23rd. JPMorgan Chase & Co. increased their price objective on shares of Allegion from $170.00 to $183.00 and gave the stock a “neutral” rating in a research report on Friday, October 23rd. Morgan Stanley lifted their target price on Allegion from $170.00 to $181.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 3rd. Finally, Bank of America raised Allegion from a “neutral” rating to a “buy” rating and raised their price target for the company from $164.00 to $200.00 in a report on Friday, October 23rd. Five investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $180.70.
View Our Latest Stock Report on ALLE
Allegion Trading Up 0.8%
NYSE ALLE opened at $191.68 on Friday. The business’s 50-day moving average price is $164.87 and its two-hundred day moving average price is $152.07. Allegion PLC has a 12 month low of $125.00 and a 12 month high of $195.42. The company has a current ratio of 1.90, a quick ratio of 1.24 and a debt-to-equity ratio of 0.94. The firm has a market capitalization of $16.16 billion, a PE ratio of 21.75, a price-to-earnings-growth ratio of 2.14 and a beta of 0.82.
Allegion (NYSE:ALLE – Get Free Report) last released its quarterly earnings data on Thursday, October 22nd. The scientific and technical instruments company reported $2.60 earnings per share for the quarter, topping the consensus estimate of $2.50 by $0.10. The firm had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.14 billion. Allegion had a net margin of 15.74% and a return on equity of 35.52%. The business’s revenue was up 9.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.30 earnings per share. On average, analysts expect that Allegion PLC will post 9.09 EPS for the current year.
Allegion Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were paid a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Tuesday, September 15th. Allegion’s payout ratio is presently 27.40%.
Key Stories Impacting Allegion
Investors following ALLE have been watching these stories:
- Positive Sentiment: Zacks Research raised its earnings estimates across multiple periods, including FY2026 to $9.06 per share, FY2027 to $9.77, and FY2028 to $10.77. The broad upward revisions suggest improving analyst expectations and may support investor sentiment. MarketBeat analyst estimates
- Positive Sentiment: A Zacks investment article highlights growth in Allegion’s Americas segment, strategic acquisitions, higher shareholder returns, and rising earnings estimates as reasons for the company’s investment appeal. Zacks Allegion investment outlook
- Neutral Sentiment: Allegion presented at the Baird 2026 Global Industrial Conference. The provided transcript listing does not specify new guidance or other developments that would clearly affect the stock. Conference transcript
Insider Buying and Selling at Allegion
In related news, SVP Tracy Kemp sold 4,469 shares of the business’s stock in a transaction dated Monday, October 26th. The shares were sold at an average price of $178.81, for a total value of $799,101.89. Following the transaction, the senior vice president directly owned 11,358 shares of the company’s stock, valued at approximately $2,030,923.98. The trade was a 28.24% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Steven Mizell purchased 170 shares of the business’s stock in a transaction dated Friday, August 28th. The shares were purchased at an average price of $158.28 per share, with a total value of $26,907.60. Following the purchase, the director directly owned 5,899 shares in the company, valued at $933,693.72. This trade represents a 2.97% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 0.64% of the company’s stock.
Allegion Profile
Allegion plc is a global provider of security products and solutions for homes, businesses, schools, hospitals and other institutions. Its offerings include mechanical and electronic locks, access-control systems, door closers, exit devices and related door hardware. The company sells products under brands including Schlage, Von Duprin, LCN and CISA. Its solutions are used in both commercial and residential settings, with operations serving customers in North America and other markets around the world.
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