By otakuyassine3@gmail.com 
Allegion plc (NYSE:ALLE – Free Report) – Research analysts at Zacks Research increased their Q1 2025 EPS estimates for Allegion in a report released on Tuesday, March 11th. Zacks Research analyst R. Department now expects that the scientific and technical instruments company will post earnings of $1.66 per share for the quarter, up from their previous estimate of $1.63. The consensus estimate for Allegion’s current full-year earnings is $7.77 per share. Zacks Research also issued estimates for Allegion’s Q2 2025 earnings at $1.94 EPS, Q3 2025 earnings at $2.06 EPS, Q4 2025 earnings at $1.98 EPS, FY2025 earnings at $7.65 EPS, Q1 2026 earnings at $1.73 EPS, Q2 2026 earnings at $1.93 EPS, Q3 2026 earnings at $2.16 EPS, Q4 2026 earnings at $2.13 EPS, FY2026 earnings at $7.95 EPS and FY2027 earnings at $8.83 EPS.
Several other equities research analysts also recently commented on the stock. Wells Fargo & Company dropped their price objective on shares of Allegion from $140.00 to $135.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 19th. Morgan Stanley upped their price target on shares of Allegion from $137.00 to $139.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 19th. StockNews.com lowered shares of Allegion from a “buy” rating to a “hold” rating in a research note on Friday, March 7th. Robert W. Baird lowered their target price on shares of Allegion from $152.00 to $144.00 and set a “neutral” rating on the stock in a report on Wednesday, February 19th. Finally, Barclays cut their price target on Allegion from $134.00 to $130.00 and set an “underweight” rating for the company in a report on Wednesday, February 19th. One research analyst has rated the stock with a sell rating and six have assigned a hold rating to the company. Based on data from MarketBeat.com, Allegion currently has an average rating of “Hold” and a consensus price target of $138.33.
Read Our Latest Report on Allegion
Allegion Stock Up 1.4 %
Shares of NYSE ALLE opened at $126.73 on Thursday. The company has a debt-to-equity ratio of 1.32, a current ratio of 2.04 and a quick ratio of 1.43. The stock has a market capitalization of $10.94 billion, a PE ratio of 18.58, a P/E/G ratio of 3.97 and a beta of 1.11. Allegion has a one year low of $113.27 and a one year high of $156.10. The business’s fifty day moving average price is $129.68 and its 200-day moving average price is $136.80.
Allegion (NYSE:ALLE – Get Free Report) last posted its quarterly earnings results on Tuesday, February 18th. The scientific and technical instruments company reported $1.86 EPS for the quarter, topping analysts’ consensus estimates of $1.75 by $0.11. Allegion had a net margin of 15.84% and a return on equity of 45.12%. The company had revenue of $945.60 million for the quarter, compared to analysts’ expectations of $938.91 million.
Institutional Trading of Allegion
A number of hedge funds have recently made changes to their positions in ALLE. Principal Financial Group Inc. raised its position in Allegion by 2.4% during the third quarter. Principal Financial Group Inc. now owns 122,481 shares of the scientific and technical instruments company’s stock valued at $17,850,000 after purchasing an additional 2,878 shares in the last quarter. Assetmark Inc. increased its position in shares of Allegion by 8.9% during the 3rd quarter. Assetmark Inc. now owns 9,112 shares of the scientific and technical instruments company’s stock valued at $1,328,000 after purchasing an additional 743 shares during the last quarter. Covestor Ltd raised its holdings in shares of Allegion by 29.1% during the 3rd quarter. Covestor Ltd now owns 617 shares of the scientific and technical instruments company’s stock valued at $90,000 after buying an additional 139 shares in the last quarter. Venturi Wealth Management LLC lifted its position in Allegion by 60.7% in the 3rd quarter. Venturi Wealth Management LLC now owns 2,166 shares of the scientific and technical instruments company’s stock worth $316,000 after buying an additional 818 shares during the last quarter. Finally, Versor Investments LP purchased a new stake in Allegion in the third quarter worth approximately $627,000. 92.21% of the stock is owned by institutional investors.
Insider Activity
In other news, SVP Tracy L. Kemp sold 2,032 shares of Allegion stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $126.74, for a total transaction of $257,535.68. Following the completion of the sale, the senior vice president now owns 10,273 shares in the company, valued at approximately $1,302,000.02. This trade represents a 16.51 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP David S. Ilardi sold 789 shares of the company’s stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $125.28, for a total transaction of $98,845.92. Following the completion of the transaction, the senior vice president now owns 9,625 shares in the company, valued at approximately $1,205,820. This trade represents a 7.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 3,224 shares of company stock worth $406,636 in the last three months. Corporate insiders own 0.33% of the company’s stock.
Allegion Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be issued a $0.51 dividend. This represents a $2.04 annualized dividend and a yield of 1.61%. This is an increase from Allegion’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend is Friday, March 14th. Allegion’s dividend payout ratio (DPR) is presently 29.91%.
Allegion Company Profile
Allegion plc manufactures and sells mechanical and electronic security products and solutions worldwide. The company offers door controls and systems and exit devices; locks, locksets, portable locks, and key systems and services; electronic security products and access control systems; time, attendance, and workforce productivity systems; doors, accessories, and other.
See Also
Receive News & Ratings for Allegion Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Allegion and related companies with MarketBeat.com’s FREE daily email newsletter.