Handelsbanken Fonder AB Acquires 4,000 Shares of Allegion PLC $ALLE

Handelsbanken Fonder AB lifted its holdings in shares of Allegion PLC (NYSE:ALLE) by 17.4% during the fourth quarter, HoldingsChannel reports. The firm owned 27,000 shares of the scientific and technical instruments company’s stock after purchasing an additional 4,000 shares during the quarter. Handelsbanken Fonder AB’s holdings in Allegion were worth $4,299,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in the business. Oregon Public Employees Retirement Fund raised its stake in shares of Allegion by 0.6% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 9,817 shares of the scientific and technical instruments company’s stock worth $1,563,000 after purchasing an additional 59 shares during the period. Diversify Advisory Services LLC raised its stake in shares of Allegion by 2.7% during the 3rd quarter. Diversify Advisory Services LLC now owns 2,308 shares of the scientific and technical instruments company’s stock worth $380,000 after purchasing an additional 60 shares during the period. D.A. Davidson & CO. raised its stake in shares of Allegion by 4.1% during the 4th quarter. D.A. Davidson & CO. now owns 1,612 shares of the scientific and technical instruments company’s stock worth $257,000 after purchasing an additional 63 shares during the period. Banque de Luxembourg S.A. raised its stake in shares of Allegion by 0.3% during the 4th quarter. Banque de Luxembourg S.A. now owns 22,294 shares of the scientific and technical instruments company’s stock worth $3,550,000 after purchasing an additional 65 shares during the period. Finally, Syon Capital LLC raised its stake in shares of Allegion by 3.3% during the 3rd quarter. Syon Capital LLC now owns 2,085 shares of the scientific and technical instruments company’s stock worth $370,000 after purchasing an additional 67 shares during the period. 92.21% of the stock is currently owned by institutional investors.

More Allegion News

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, FY2027 to $9.20, and FY2028 to $10.01, signaling expectations for continued earnings growth. Allegion stock page
• Positive Sentiment: The firm also lifted quarterly forecasts for Q2 2026, Q3 2026, Q4 2026, Q1 2027, Q2 2027, Q3 2027, Q4 2027, and Q1 2028, suggesting analysts see steady operating momentum ahead. Allegion stock page
• Neutral Sentiment: The updates were incremental rather than dramatic, so they are more likely to modestly support sentiment than trigger a major re-rating on their own. Allegion stock page
• Negative Sentiment: Despite the improved estimates, Allegion has recently been trading well below its 50-day and 200-day moving averages, indicating the stock still faces broader technical pressure. Allegion stock page

Insider Transactions at Allegion

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

Analysts Set New Price Targets

ALLE has been the topic of a number of recent analyst reports. 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 note on Wednesday, April 29th. Weiss Ratings cut Allegion from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 1st. Evercore upgraded Allegion to a “strong-buy” rating in a research note on Monday, April 13th. Robert W. Baird set a $165.00 price objective on Allegion in a research note on Wednesday, April 29th. Finally, Wells Fargo & Company lowered their price objective on Allegion from $175.00 to $155.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 1st. One research 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 company’s stock. Based on data from MarketBeat.com, Allegion has an average rating of “Hold” and a consensus target price of $161.50.

Allegion Trading Down 0.2%

Shares of Allegion stock opened at $130.50 on Friday. Allegion PLC has a 52-week low of $125.00 and a 52-week high of $183.11. The stock’s 50-day simple moving average is $140.34 and its 200 day simple moving average is $155.33. The stock has a market capitalization of $11.21 billion, a P/E ratio of 17.83, a P/E/G ratio of 2.72 and a beta of 0.89. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.19 and a current ratio of 1.91.

Allegion (NYSE:ALLE) last announced its quarterly earnings data 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 net margin of 15.24% and a return on equity of 35.41%. The firm had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.03 billion. During the same quarter in the prior year, the firm posted $1.86 earnings per share. The company’s revenue was up 9.7% on a year-over-year basis. Allegion has set its FY 2026 guidance at 8.700-8.900 EPS. As a group, research analysts anticipate that Allegion PLC will post 8.74 EPS for the current year.

Allegion announced that its Board of Directors has authorized a stock buyback plan on Tuesday, April 28th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the scientific and technical instruments company to purchase up to 3.9% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s leadership believes its stock is undervalued.

Allegion Announces Dividend

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

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.