
Allegion PLC (NYSE:ALLE – Free Report) – Stock analysts at Zacks Research dropped their Q4 2026 EPS estimates for shares of Allegion in a research note issued on Wednesday, November 12th. Zacks Research analyst Team now forecasts that the scientific and technical instruments company will post earnings per share of $2.20 for the quarter, down from their prior estimate of $2.23. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Allegion’s current full-year earnings is $7.77 per share. Zacks Research also issued estimates for Allegion’s Q1 2027 earnings at $1.89 EPS, Q2 2027 earnings at $2.14 EPS and FY2027 earnings at $8.64 EPS.
A number of other equities research analysts have also issued reports on the stock. Wells Fargo & Company upped their target price on shares of Allegion from $175.00 to $185.00 and gave the stock an “equal weight” rating in a report on Monday, October 6th. The Goldman Sachs Group upped their price objective on shares of Allegion from $176.00 to $198.00 and gave the company a “buy” rating in a research note on Tuesday, September 16th. Bank of America upgraded shares of Allegion from an “underperform” rating to a “neutral” rating and increased their price objective for the company from $110.00 to $175.00 in a report on Tuesday, July 29th. Barclays boosted their target price on Allegion from $185.00 to $187.00 and gave the stock an “equal weight” rating in a report on Friday, October 24th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Allegion in a report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, Allegion has a consensus rating of “Hold” and a consensus target price of $176.38.
Allegion Price Performance
NYSE ALLE traded down $1.76 during mid-day trading on Friday, hitting $162.76. The stock had a trading volume of 252,009 shares, compared to its average volume of 936,643. The firm’s 50 day moving average is $173.11 and its 200 day moving average is $158.73. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.77 and a quick ratio of 1.11. The stock has a market capitalization of $14.00 billion, a price-to-earnings ratio of 22.04, a PEG ratio of 3.29 and a beta of 1.07. Allegion has a twelve month low of $116.57 and a twelve month high of $180.68.
Allegion (NYSE:ALLE – Get Free Report) last announced its earnings results on Thursday, October 23rd. The scientific and technical instruments company reported $2.30 EPS for the quarter, beating analysts’ consensus estimates of $2.21 by $0.09. The business had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.05 billion. Allegion had a return on equity of 40.83% and a net margin of 16.09%.The business’s revenue was up 10.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.16 earnings per share. Allegion has set its FY 2025 guidance at 8.100-8.200 EPS.
Institutional Investors Weigh In On Allegion
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in shares of Allegion by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 10,767,073 shares of the scientific and technical instruments company’s stock worth $1,404,672,000 after purchasing an additional 48,615 shares during the period. Kayne Anderson Rudnick Investment Management LLC lifted its position in Allegion by 22.5% in the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,776,203 shares of the scientific and technical instruments company’s stock valued at $623,104,000 after buying an additional 878,796 shares during the last quarter. Boston Partners boosted its stake in Allegion by 0.8% during the first quarter. Boston Partners now owns 4,752,391 shares of the scientific and technical instruments company’s stock worth $619,700,000 after buying an additional 35,635 shares during the period. State Street Corp boosted its stake in Allegion by 0.8% during the second quarter. State Street Corp now owns 3,971,235 shares of the scientific and technical instruments company’s stock worth $572,336,000 after buying an additional 31,322 shares during the period. Finally, Geode Capital Management LLC increased its position in shares of Allegion by 15.2% during the second quarter. Geode Capital Management LLC now owns 2,573,193 shares of the scientific and technical instruments company’s stock valued at $369,514,000 after acquiring an additional 339,025 shares during the last quarter. Institutional investors and hedge funds own 92.21% of the company’s stock.
Allegion Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were given a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Monday, September 15th. Allegion’s payout ratio is presently 27.60%.
About Allegion
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.
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