Allegion plc (NYSE:ALLE – Free Report) – Equities research analysts at Zacks Research raised their Q1 2025 earnings per share estimates for Allegion in a report released on Tuesday, January 14th. Zacks Research analyst R. Department now anticipates that the scientific and technical instruments company will earn $1.63 per share for the quarter, up from their prior estimate of $1.62. The consensus estimate for Allegion’s current full-year earnings is $7.42 per share. Zacks Research also issued estimates for Allegion’s Q3 2025 earnings at $2.02 EPS, Q4 2025 earnings at $2.07 EPS, FY2025 earnings at $7.53 EPS, Q1 2026 earnings at $1.60 EPS, Q2 2026 earnings at $1.86 EPS, Q3 2026 earnings at $1.97 EPS, Q4 2026 earnings at $1.93 EPS and FY2026 earnings at $7.36 EPS.
Other analysts also recently issued research reports about the company. Morgan Stanley began coverage on Allegion in a research note on Monday, January 6th. They set an “equal weight” rating and a $137.00 price target for the company. Robert W. Baird upped their target price on Allegion from $145.00 to $152.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. Wells Fargo & Company dropped their price target on shares of Allegion from $152.00 to $140.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 7th. Barclays decreased their price objective on shares of Allegion from $137.00 to $134.00 and set an “underweight” rating for the company in a report on Wednesday, January 8th. Finally, Mizuho lifted their target price on shares of Allegion from $135.00 to $150.00 and gave the stock a “neutral” rating in a report on Thursday, October 17th. One analyst has rated the stock with a sell rating and six have issued a hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $140.83.
Allegion Trading Up 0.8 %
Allegion stock opened at $133.72 on Thursday. Allegion has a one year low of $113.27 and a one year high of $156.10. The company’s fifty day moving average price is $135.90 and its two-hundred day moving average price is $136.27. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.71 and a quick ratio of 1.29. The company has a market capitalization of $11.62 billion, a price-to-earnings ratio of 20.54, a PEG ratio of 2.93 and a beta of 1.11.
Allegion (NYSE:ALLE – Get Free Report) last announced its quarterly earnings results on Thursday, October 24th. The scientific and technical instruments company reported $2.16 EPS for the quarter, topping the consensus estimate of $1.98 by $0.18. The company had revenue of $967.10 million for the quarter, compared to analyst estimates of $970.70 million. Allegion had a net margin of 15.36% and a return on equity of 45.64%. Allegion’s quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.94 EPS.
Allegion Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th were given a $0.48 dividend. The ex-dividend date of this dividend was Tuesday, December 17th. This represents a $1.92 annualized dividend and a dividend yield of 1.44%. Allegion’s dividend payout ratio is 29.49%.
Insider Transactions at Allegion
In related news, SVP Robert C. Martens sold 8,035 shares of the business’s stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $144.92, for a total transaction of $1,164,432.20. Following the transaction, the senior vice president now directly owns 7,104 shares in the company, valued at $1,029,511.68. The trade was a 53.07 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO John H. Stone acquired 7,500 shares of Allegion stock in a transaction on Tuesday, December 3rd. The stock was purchased at an average price of $140.70 per share, with a total value of $1,055,250.00. Following the transaction, the chief executive officer now directly owns 120,481 shares in the company, valued at approximately $16,951,676.70. This trade represents a 6.64 % increase in their position. The disclosure for this purchase can be found here. 0.33% of the stock is currently owned by corporate insiders.
Institutional Trading of Allegion
Institutional investors and hedge funds have recently modified their holdings of the company. Public Employees Retirement System of Ohio acquired a new stake in Allegion during the third quarter worth $4,988,000. Renaissance Technologies LLC bought a new position in shares of Allegion during the 2nd quarter worth about $27,056,000. Qsemble Capital Management LP acquired a new stake in shares of Allegion during the 3rd quarter valued at about $891,000. Nordea Investment Management AB increased its stake in Allegion by 4.4% in the fourth quarter. Nordea Investment Management AB now owns 1,175,995 shares of the scientific and technical instruments company’s stock valued at $154,643,000 after acquiring an additional 49,176 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in Allegion by 4.1% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 8,643 shares of the scientific and technical instruments company’s stock valued at $1,260,000 after acquiring an additional 340 shares during the period. 92.21% of the stock is currently owned by institutional investors.
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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