Allegion (NYSE:ALLE) Releases FY 2026 Earnings Guidance

Allegion (NYSE:ALLE) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 8.700-8.900 for the period, compared to the consensus earnings per share estimate of 8.790. The company issued revenue guidance of $4.3 billion-$4.4 billion, compared to the consensus revenue estimate of $4.3 billion.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Allegion in a research note on Wednesday, January 21st. Bank of America cut their price objective on Allegion from $185.00 to $157.00 and set a “neutral” rating for the company in a research report on Monday, April 20th. Evercore raised Allegion to a “strong-buy” rating in a research report on Monday, April 13th. Wells Fargo & Company cut their price objective on Allegion from $175.00 to $155.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 1st. Finally, JPMorgan Chase & Co. reduced their price objective on Allegion from $190.00 to $180.00 and set an “overweight” rating for the company in a research report on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, Allegion presently has a consensus rating of “Hold” and a consensus target price of $168.88.

Allegion Trading Up 1.6%

Shares of ALLE opened at $148.42 on Tuesday. Allegion has a 1 year low of $134.67 and a 1 year high of $183.11. The company has a current ratio of 1.84, a quick ratio of 1.16 and a debt-to-equity ratio of 0.96. The stock has a 50 day simple moving average of $148.75 and a 200-day simple moving average of $160.05. The stock has a market cap of $12.76 billion, a PE ratio of 19.95, a PEG ratio of 2.74 and a beta of 1.02.

Allegion (NYSE:ALLE) last released its quarterly earnings results on Tuesday, April 28th. The scientific and technical instruments company reported $1.80 earnings per share for the quarter, missing analysts’ consensus estimates of $2.27 by ($0.47). Allegion had a net margin of 15.83% and a return on equity of 38.06%. The business had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.10 billion. Allegion has set its FY 2026 guidance at 8.700-8.900 EPS. On average, sell-side analysts predict that Allegion will post 8.74 EPS for the current fiscal year.

Allegion Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Monday, June 15th. Allegion’s dividend payout ratio (DPR) is presently 29.57%.

Insiders Place Their Bets

In other news, Director Sue Main acquired 2,000 shares of the firm’s stock in a transaction on Wednesday, March 11th. The shares were purchased at an average cost of $149.61 per share, for a total transaction of $299,220.00. Following the transaction, the director owned 2,000 shares of the company’s stock, valued at approximately $299,220. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Steven Mizell sold 1,000 shares of the firm’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $161.51, for a total value of $161,510.00. Following the completion of the transaction, the director owned 4,915 shares in the company, valued at $793,821.65. This represents a 16.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.23% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in ALLE. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Allegion by 7.0% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,592 shares of the scientific and technical instruments company’s stock worth $1,251,000 after purchasing an additional 626 shares during the last quarter. NewEdge Advisors LLC boosted its position in shares of Allegion by 35.3% in the 1st quarter. NewEdge Advisors LLC now owns 3,272 shares of the scientific and technical instruments company’s stock worth $427,000 after purchasing an additional 854 shares during the last quarter. Jones Financial Companies Lllp boosted its position in shares of Allegion by 44.2% in the 1st quarter. Jones Financial Companies Lllp now owns 1,629 shares of the scientific and technical instruments company’s stock worth $213,000 after purchasing an additional 499 shares during the last quarter. Empowered Funds LLC boosted its position in shares of Allegion by 13.0% in the 1st quarter. Empowered Funds LLC now owns 5,673 shares of the scientific and technical instruments company’s stock worth $740,000 after purchasing an additional 651 shares during the last quarter. Finally, Focus Partners Wealth boosted its position in shares of Allegion by 204.5% in the 1st quarter. Focus Partners Wealth now owns 7,186 shares of the scientific and technical instruments company’s stock worth $937,000 after purchasing an additional 4,826 shares during the last quarter. 92.21% of the stock is currently owned by institutional investors.

Allegion Company Profile

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.