Allegion (NYSE:ALLE) Releases FY 2026 Earnings Guidance

Allegion (NYSE:ALLE) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 8.850-9.000 for the period, compared to the consensus earnings per share estimate of 8.770. The company issued revenue guidance of $4.4 billion-$4.4 billion, compared to the consensus revenue estimate of $4.4 billion.

Analyst Upgrades and Downgrades

Several brokerages recently commented on ALLE. Wells Fargo & Company cut their price target on shares of Allegion from $175.00 to $155.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 1st. Robert W. Baird set a $170.00 price target on Allegion in a research report on Friday. Longbow Research upgraded shares of Allegion from a “neutral” rating to a “buy” rating and set a $165.00 price objective for the company in a research note on Thursday, June 11th. Bank of America dropped their price target on Allegion from $185.00 to $157.00 and set a “neutral” rating on the stock in a research note on Monday, April 20th. Finally, JPMorgan Chase & Co. raised their price objective on Allegion from $150.00 to $170.00 and gave the stock a “neutral” rating in a research note on Friday. 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. According to MarketBeat.com, Allegion presently has an average rating of “Hold” and an average target price of $164.75.

Allegion Trading Down 0.8%

ALLE stock opened at $153.28 on Friday. The business’s 50-day moving average is $134.81 and its 200 day moving average is $146.82. Allegion has a 12-month low of $125.00 and a 12-month high of $183.11. The stock has a market cap of $13.17 billion, a price-to-earnings ratio of 20.12, a PEG ratio of 3.14 and a beta of 0.85. The company has a current ratio of 1.93, a quick ratio of 1.19 and a debt-to-equity ratio of 0.96.

Allegion (NYSE:ALLE) last issued its quarterly earnings results on Thursday, July 23rd. The scientific and technical instruments company reported $2.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.22 by $0.18. The firm had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.12 billion. Allegion had a return on equity of 35.41% and a net margin of 15.36%.The business’s revenue was up 12.7% on a year-over-year basis. During the same period in the previous year, the company posted $2.04 earnings per share. Allegion has set its FY 2026 guidance at 8.850-9.000 EPS. On average, sell-side analysts anticipate that Allegion will post 8.93 EPS for the current fiscal year.

Allegion announced that its Board of Directors has authorized a share repurchase plan 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 repurchase up to 3.9% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling at Allegion

In related news, SVP Robert C. Martens sold 3,993 shares of the firm’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $137.15, for a total transaction of $547,639.95. Following the completion of the transaction, the senior vice president directly owned 8,570 shares in the company, valued at $1,175,375.50. This trade represents a 31.78% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.64% of the company’s stock.

Trending Headlines about Allegion

Here are the key news stories impacting Allegion this week:

• Positive Sentiment: Allegion reported Q2 2026 EPS of $2.40, beating estimates, while revenue of $1.15 billion also topped expectations and rose 12.7% year over year. Allegion (NYSE: ALLE) Reports Q2-2026 Financial Results
• Positive Sentiment: The company raised FY2026 guidance, lifting its EPS outlook to 8.85-9.00 and signaling better-than-expected profitability and revenue momentum. Allegion (NYSE: ALLE) Reports Q2-2026 Financial Results
• Positive Sentiment: Management highlighted organic growth and margin expansion in the Americas, and commentary suggests the International segment is showing signs of recovery. Allegion: Keep Calm And Lock In
• Neutral Sentiment: JPMorgan raised its price target on Allegion to $170 from $150 but kept a neutral rating, implying the stock may have less room to run than the recent earnings-driven rally suggests. Tickerreport.com
• Neutral Sentiment: Allegion also disclosed a new regulation-related risk in its latest filing, though the company said there were no material changes to its risk profile. Allegion: Keep Calm And Lock In

Institutional Investors Weigh In On Allegion

Several institutional investors have recently modified their holdings of the company. Boston Partners increased its holdings in Allegion by 1.0% in the third quarter. Boston Partners now owns 4,746,454 shares of the scientific and technical instruments company’s stock valued at $842,026,000 after buying an additional 48,199 shares during the last quarter. State Street Corp increased its holdings in shares of Allegion by 6.6% in the 3rd quarter. State Street Corp now owns 4,232,208 shares of the scientific and technical instruments company’s stock valued at $750,584,000 after acquiring an additional 260,973 shares during the last quarter. Invesco Ltd. increased its holdings in shares of Allegion by 12.7% in the 4th quarter. Invesco Ltd. now owns 1,402,682 shares of the scientific and technical instruments company’s stock valued at $223,335,000 after acquiring an additional 157,724 shares during the last quarter. Northern Trust Corp lifted its stake in Allegion by 4.5% during the third quarter. Northern Trust Corp now owns 1,210,063 shares of the scientific and technical instruments company’s stock worth $214,605,000 after purchasing an additional 52,612 shares during the last quarter. Finally, Bank of America Corp DE boosted its holdings in Allegion by 26.7% in the third quarter. Bank of America Corp DE now owns 863,837 shares of the scientific and technical instruments company’s stock valued at $153,202,000 after purchasing an additional 181,869 shares in the last quarter. 92.21% of the stock is owned by hedge funds and other 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.