502,354 Allegion PLC $ALLE Shares Sold by Vontobel Holding Ltd.

Vontobel Holding Ltd. lowered its stake in shares of Allegion PLC (NYSE:ALLE) by 40.9% during the third quarter, HoldingsChannel reports. The firm owned 727,227 shares of the scientific and technical instruments company’s stock after selling 502,354 shares during the quarter. Vontobel Holding Ltd.’s holdings in Allegion were worth $111,826,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Dimensional Fund Advisors LP increased its position in Allegion by 1.6% during the first quarter. Dimensional Fund Advisors LP now owns 853,222 shares of the scientific and technical instruments company’s stock worth $123,952,000 after buying an additional 13,186 shares during the last quarter. Hawk Ridge Capital Management LP raised its holdings in Allegion by 32.9% in the 1st quarter. Hawk Ridge Capital Management LP now owns 802,807 shares of the scientific and technical instruments company’s stock valued at $116,640,000 after acquiring an additional 198,800 shares during the period. The Manufacturers Life Insurance Company grew its position in shares of Allegion by 19.4% in the first quarter. The Manufacturers Life Insurance Company now owns 599,326 shares of the scientific and technical instruments company’s stock valued at $87,076,000 after purchasing an additional 97,304 shares during the last quarter. Boston Trust Walden Corp boosted its stake in Allegion by 8.1% in the 1st quarter. Boston Trust Walden Corp now owns 566,792 shares of the scientific and technical instruments company’s stock valued at $82,349,000 after purchasing an additional 42,660 shares during the period. Finally, Bank of America Corp DE grew its holdings in Allegion by 5.5% in the 1st quarter. Bank of America Corp DE now owns 542,132 shares of the scientific and technical instruments company’s stock valued at $78,766,000 after buying an additional 28,449 shares in the last quarter. 92.21% of the stock is owned by institutional investors.

Allegion Price Performance

Allegion stock traded up $0.64 during mid-day trading on Friday, reaching $156.39. The company had a trading volume of 1,128,393 shares, compared to its average volume of 1,084,505. The business has a fifty day simple moving average of $156.42 and a 200 day simple moving average of $145.58. The company has a market cap of $13.30 billion, a P/E ratio of 20.52, a P/E/G ratio of 3.16 and a beta of 0.81. Allegion PLC has a fifty-two week low of $125.00 and a fifty-two week 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.

Allegion (NYSE:ALLE) last posted its earnings results on Thursday, July 23rd. The scientific and technical instruments company reported $2.40 EPS for the quarter, beating the consensus estimate of $2.22 by $0.18. Allegion had a return on equity of 35.41% and a net margin of 15.36%. The firm had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.12 billion. During the same period last year, the company earned $2.04 earnings per share. The business’s quarterly revenue was up 12.7% on a year-over-year basis. Allegion has set its FY 2026 guidance at 8.850-9.000 EPS. On average, equities research analysts predict that Allegion PLC will post 8.94 earnings per share for the current year.

Allegion Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were issued a $0.55 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $2.20 annualized dividend and a yield of 1.4%. Allegion’s payout ratio is presently 28.87%.

Insider Activity at Allegion

In other Allegion news, Director Steven Mizell bought 170 shares of the stock in a transaction dated Friday, August 28th. The shares were bought at an average cost of $158.28 per share, for a total transaction of $26,907.60. Following the purchase, the director directly owned 5,899 shares of the company’s stock, valued at approximately $933,693.72. This trade represents a 2.97% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Nickolas A. Musial sold 687 shares of the stock in a transaction on Thursday, July 23rd. The shares were sold at an average price of $155.00, for a total value of $106,485.00. Following the transaction, the chief accounting officer directly owned 6,798 shares of the company’s stock, valued at approximately $1,053,690. This trade represents a 9.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 11,288 shares of company stock worth $1,764,593. Corporate insiders own 0.64% of the company’s stock.

Analyst Ratings Changes

A number of analysts have issued reports on ALLE shares. Weiss Ratings raised shares of Allegion from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, October 8th. JPMorgan Chase & Co. upped their target price on Allegion from $150.00 to $170.00 and gave the company a “neutral” rating in a research report on Friday, July 24th. Evercore reaffirmed an “outperform” rating and issued a $180.00 price target on shares of Allegion in a research note on Tuesday, September 22nd. Finally, Robert W. Baird set a $170.00 price objective on shares of Allegion in a research note on Friday, July 24th. Three research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $162.50.

Trending Headlines about Allegion

Here are the key news stories impacting Allegion this week:

• Positive Sentiment: Analysts raised multiple EPS forecasts. Zacks Research increased its estimates for Allegion’s fourth-quarter and full-year 2026 earnings, as well as 2027 and 2028 results. The firm now projects FY2026 EPS of $8.92, FY2027 EPS of $9.49 and FY2028 EPS of $10.33, modestly above its prior forecasts. The upward revisions signal slightly stronger expected profit growth. MarketBeat Allegion analyst estimates
• Positive Sentiment: Allegion is being highlighted as a momentum stock. Zacks’ Style Scores point to favorable recent price and earnings trends, which may attract quantitative and momentum-focused investors. Why Allegion is a Strong Momentum Stock
• Positive Sentiment: Recent operating performance remains supportive. Allegion’s latest reported quarter exceeded consensus estimates on both earnings and revenue, with revenue increasing 12.7% year over year. The company also maintained full-year 2026 EPS guidance of $8.85-$9.00, reinforcing expectations for continued earnings growth.
• Neutral Sentiment: Investors are focused on the upcoming quarterly report. Analysts expect earnings growth and are looking for another potential beat, but the cited articles do not provide new quarterly results or a change to company guidance. Allegion Earnings Expected to Grow
• Neutral Sentiment: Relative performance was mixed. Allegion stock rose in the latest session but underperformed some competitors, suggesting the move was positive but not sector-leading. Allegion Stock Underperforms Competitors

About Allegion

Allegion plc is a global provider of security products and solutions for homes, businesses, schools, healthcare facilities and other institutions. The company develops and manufactures mechanical and electronic locks, access-control systems, door closers, exit devices, door hardware, and related products designed to help secure and manage entry into buildings.

Allegion’s portfolio includes well-known brands such as Schlage, Von Duprin, LCN, Steelcraft, Briton and Interflex. Its offerings range from residential locks and smart-home security products to commercial access-control systems, biometric and credential-based solutions, doors and frames, and software and services that support building security and access management.

Allegion was established as an independent company in 2013 following its separation from Ingersoll Rand.