Zacks Research Predicts Allegion’s Q3 Earnings (NYSE:ALLE)

Allegion PLC (NYSE:ALLE) – Stock analysts at Zacks Research raised their Q3 2026 earnings per share estimates for Allegion in a report released on Thursday, August 13th. Zacks Research analyst Team now forecasts that the scientific and technical instruments company will post earnings per share of $2.46 for the quarter, up from their previous forecast of $2.45. The consensus estimate for Allegion’s current full-year earnings is $8.93 per share. Zacks Research also issued estimates for Allegion’s FY2026 earnings at $8.90 EPS, Q1 2027 earnings at $2.05 EPS, Q2 2027 earnings at $2.44 EPS, Q3 2027 earnings at $2.54 EPS, Q4 2027 earnings at $2.40 EPS, FY2027 earnings at $9.44 EPS, Q1 2028 earnings at $2.24 EPS, Q2 2028 earnings at $2.61 EPS and FY2028 earnings at $10.31 EPS.

Other equities analysts have also recently issued reports about the stock. Bank of America lowered their price objective on shares of Allegion from $185.00 to $157.00 and set a “neutral” rating for the company in a research report on Monday, April 20th. Weiss Ratings upgraded shares of Allegion from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, August 4th. Robert W. Baird set a $170.00 target price on shares of Allegion in a research note on Friday, July 24th. Morgan Stanley lowered their price target on shares of Allegion from $165.00 to $142.00 and set an “equal weight” rating for the company in a report on Wednesday, June 3rd. Finally, Longbow Research raised Allegion from a “neutral” rating to a “buy” rating and set a $165.00 price objective on the stock in a report on Thursday, June 11th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, Allegion currently has an average rating of “Hold” and an average target price of $164.75.

Allegion Trading Up 0.1%

ALLE opened at $166.21 on Friday. The company’s 50 day moving average is $144.22 and its 200-day moving average is $146.73. Allegion has a 1-year low of $125.00 and a 1-year high of $183.11. The company has a current ratio of 1.93, a quick ratio of 1.23 and a debt-to-equity ratio of 0.96. The company has a market cap of $14.13 billion, a P/E ratio of 21.81, a PEG ratio of 3.38 and a beta of 0.84.

Allegion (NYSE:ALLE) last released its earnings results on Thursday, July 23rd. The scientific and technical instruments company reported $2.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.22 by $0.18. The firm had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.12 billion. Allegion had a return on equity of 35.41% and a net margin of 15.36%.The business’s revenue for the quarter was up 12.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.04 earnings per share. Allegion has set its FY 2026 guidance at 8.850-9.000 EPS.

Allegion declared that its Board of Directors has initiated a share buyback program on Tuesday, April 28th that authorizes the company to buyback $500.00 million in 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 programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling at Allegion

In related news, CAO Nickolas A. Musial sold 687 shares of Allegion stock in a transaction that occurred on Thursday, July 23rd. The shares were sold at an average price of $155.00, for a total transaction of $106,485.00. Following the sale, the chief accounting officer directly owned 6,798 shares in the company, valued at $1,053,690. This trade represents a 9.18% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Timothy P. Eckersley sold 6,417 shares of the company’s stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $157.26, for a total transaction of $1,009,137.42. Following the completion of the transaction, the senior vice president owned 29,919 shares of the company’s stock, valued at approximately $4,705,061.94. This trade represents a 17.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 11,288 shares of company stock valued at $1,764,593 in the last quarter. 0.64% of the stock is currently owned by corporate insiders.

Institutional Trading of Allegion

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Oregon Public Employees Retirement Fund raised its position in 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 last quarter. Diversify Advisory Services LLC grew its position in shares of Allegion by 2.7% in the 3rd quarter. Diversify Advisory Services LLC now owns 2,308 shares of the scientific and technical instruments company’s stock valued at $380,000 after buying an additional 60 shares during the last quarter. D.A. Davidson & CO. grew its position in shares of Allegion by 4.1% in the 4th quarter. D.A. Davidson & CO. now owns 1,612 shares of the scientific and technical instruments company’s stock valued at $257,000 after buying an additional 63 shares during the last quarter. Hantz Financial Services Inc. increased its stake in shares of Allegion by 45.9% in the fourth quarter. Hantz Financial Services Inc. now owns 216 shares of the scientific and technical instruments company’s stock valued at $34,000 after buying an additional 68 shares during the period. Finally, LRI Investments LLC increased its stake in shares of Allegion by 10.0% in the fourth quarter. LRI Investments LLC now owns 793 shares of the scientific and technical instruments company’s stock valued at $126,000 after buying an additional 72 shares during the period. 92.21% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Allegion

Here are the key news stories impacting Allegion this week:

• Positive Sentiment: Zacks Research raised Allegion’s profit forecasts across multiple periods. The firm increased its FY2026 EPS estimate to $8.90 from $8.72, FY2027 to $9.44 from $9.25, and FY2028 to $10.31 from $10.05. It also raised estimates for several quarterly periods, including Q3 2026 to $2.46 from $2.45, Q2 2027 to $2.44 from $2.36, Q3 2027 to $2.54 from $2.50, Q4 2027 to $2.40 from $2.35, and Q1 2028 to $2.24 from $2.16. The revisions indicate improving analyst expectations for Allegion’s earnings growth and provide a near-term bullish catalyst.
• Positive Sentiment: Longer-term earnings growth remains the key positive. Zacks’ FY2028 forecast of $10.31 EPS is above the current-year consensus estimate of $8.93, implying continued earnings expansion. Allegion also recently exceeded quarterly expectations, reporting $2.40 EPS versus the $2.22 consensus and revenue of $1.15 billion versus $1.12 billion, with revenue up 12.7% year over year.
• Neutral Sentiment: Allegion published an e-book on inclusive design beyond ADA compliance. The publication may reinforce the company’s focus on accessibility and product design, but it is unlikely to materially affect near-term financial results or investor sentiment. Allegion E-Book Examines Inclusive Design Beyond ADA Compliance

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.