Allegion (NYSE: ALLE) has recently received a number of price target changes and ratings updates:
- 11/3/2026 – Allegion had its price target raised by Morgan Stanley from $170.00 to $181.00. They now have an “equal weight” rating on the stock.
- 10/26/2026 – Allegion was given a new $170.00 price target by Morgan Stanley.
- 10/26/2026 – Allegion had its price target raised by The Goldman Sachs Group from $182.00 to $206.00. They now have a “buy” rating on the stock.
- 10/23/2026 – Allegion was given a new $180.00 price target by Mizuho.
- 10/23/2026 – Allegion was given a new $196.00 price target by Robert W. Baird.
- 10/23/2026 – Allegion had its price target raised by JPMorgan Chase & Co. from $170.00 to $183.00. They now have a “neutral” rating on the stock.
- 10/23/2026 – Allegion was upgraded by Bank of America from “neutral” to “buy”. They now have a $200.00 price target on the stock, up from $164.00.
- 10/8/2026 – Allegion was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
- 9/22/2026 – Allegion had its “outperform” rating reaffirmed by Evercore. They now have a $180.00 price target on the stock.
Allegion Trading Down 0.3%
ALLE traded down $0.65 during trading on Thursday, reaching $190.44. The company had a trading volume of 257,019 shares, compared to its average volume of 1,103,416. The company has a quick ratio of 1.24, a current ratio of 1.90 and a debt-to-equity ratio of 0.94. The business has a 50 day simple moving average of $163.46 and a 200-day simple moving average of $151.83. The stock has a market cap of $16.06 billion, a P/E ratio of 23.72, a PEG ratio of 2.14 and a beta of 0.82. Allegion PLC has a 52 week low of $125.00 and a 52 week high of $195.42.
Allegion (NYSE:ALLE – Get Free Report) last posted its quarterly earnings data 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. Allegion had a net margin of 15.74% and a return on equity of 35.52%. The business had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.14 billion. During the same quarter in the previous year, the business posted $2.30 earnings per share. The business’s revenue was up 9.6% compared to the same quarter last year. On average, equities analysts anticipate that Allegion PLC will post 9.10 EPS for the current fiscal year.
Allegion Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were paid a $0.55 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $2.20 dividend on an annualized basis and a yield of 1.2%. Allegion’s dividend payout ratio (DPR) is presently 27.40%.
Insider Transactions at Allegion
In other news, 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 completion of the sale, the senior vice president directly owned 11,358 shares in the company, valued at approximately $2,030,923.98. This trade represents a 28.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Steven Mizell bought 170 shares of the stock in a transaction dated Friday, August 28th. The shares were bought at an average cost of $158.28 per share, with a total value of $26,907.60. Following the completion of the purchase, the director directly owned 5,899 shares of the company’s stock, valued at approximately $933,693.72. This trade represents a 2.97% increase in their position. The SEC filing for this purchase provides additional information. Corporate insiders own 0.64% of the company’s stock.
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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