Zacks Research Estimates Allegion’s Q1 Earnings (NYSE:ALLE)

Allegion PLC (NYSE:ALLE) – Equities researchers at Zacks Research increased their Q1 2027 earnings per share (EPS) estimates for Allegion in a report released on Monday, July 6th. Zacks Research analyst Team now anticipates that the scientific and technical instruments company will earn $2.03 per share for the quarter, up from their previous estimate of $2.02. The consensus estimate for Allegion’s current full-year earnings is $8.73 per share. Zacks Research also issued estimates for Allegion’s Q4 2027 earnings at $2.35 EPS, FY2027 earnings at $9.25 EPS, Q1 2028 earnings at $2.16 EPS, Q2 2028 earnings at $2.60 EPS and FY2028 earnings at $10.05 EPS.

A number of other research firms have also commented on ALLE. Wells Fargo & Company dropped their price objective on shares of Allegion from $175.00 to $155.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 1st. Bank of America lowered their price target on Allegion from $185.00 to $157.00 and set a “neutral” rating on the stock in a report on Monday, April 20th. Weiss Ratings downgraded Allegion from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 29th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $150.00 price objective (down from $170.00) on shares of Allegion in a research report on Friday, May 15th. Finally, Morgan Stanley dropped their target price on Allegion from $165.00 to $142.00 and set an “equal weight” rating on the stock in a report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $160.89.

Allegion Stock Down 0.5%

Shares of NYSE:ALLE opened at $139.38 on Tuesday. The stock has a market cap of $11.98 billion, a P/E ratio of 19.16, a P/E/G ratio of 2.92 and a beta of 0.85. The firm has a fifty day moving average price of $133.66 and a 200 day moving average price of $148.78. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.91 and a quick ratio of 1.19. Allegion has a 1-year low of $125.00 and a 1-year high of $183.11.

Allegion (NYSE:ALLE) last announced its earnings results 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). The business had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $1.03 billion. Allegion had a return on equity of 35.41% and a net margin of 15.24%.The business’s revenue was up 9.7% on a year-over-year basis. During the same quarter last year, the business posted $1.86 earnings per share. Allegion has set its FY 2026 guidance at 8.700-8.900 EPS.

Allegion Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were given a dividend of $0.55 per share. The ex-dividend date was Monday, June 15th. This represents a $2.20 annualized dividend and a yield of 1.6%. Allegion’s payout ratio is presently 30.05%.

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

Insider Activity

In other news, SVP Robert C. Martens sold 3,993 shares of the stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $137.15, for a total transaction of $547,639.95. Following the completion of the transaction, the senior vice president directly owned 8,570 shares of the company’s stock, valued at approximately $1,175,375.50. This represents a 31.78% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.64% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Pinnacle Bancorp Inc. lifted its holdings in Allegion by 255.6% in the fourth quarter. Pinnacle Bancorp Inc. now owns 160 shares of the scientific and technical instruments company’s stock valued at $25,000 after acquiring an additional 115 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in shares of Allegion during the 3rd quarter worth $36,000. Hantz Financial Services Inc. grew its stake in shares of Allegion by 45.9% during the 4th quarter. Hantz Financial Services Inc. now owns 216 shares of the scientific and technical instruments company’s stock worth $34,000 after purchasing an additional 68 shares during the period. Bard Associates Inc. purchased a new position in shares of Allegion in the 4th quarter valued at about $35,000. Finally, CYBER HORNET ETFs LLC purchased a new position in shares of Allegion in the 2nd quarter valued at about $33,000. Institutional investors and hedge funds own 92.21% of the company’s stock.

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.