SEB Asset Management AB Buys New Holdings in Allegion PLC $ALLE

SEB Asset Management AB bought a new position in Allegion PLC (NYSE:ALLE) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 20,860 shares of the scientific and technical instruments company’s stock, valued at approximately $3,031,000.

Other institutional investors also recently added to or reduced their stakes in the company. Pinnacle Bancorp Inc. boosted its stake in Allegion by 255.6% in the 4th quarter. Pinnacle Bancorp Inc. now owns 160 shares of the scientific and technical instruments company’s stock valued at $25,000 after buying an additional 115 shares in the last quarter. CYBER HORNET ETFs LLC bought a new stake in Allegion during the 2nd quarter worth about $33,000. Hantz Financial Services Inc. grew its stake in shares of Allegion by 45.9% during 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 purchasing an additional 68 shares during the last quarter. Bard Associates Inc. bought a new position in Allegion in the 4th quarter valued at $35,000. Finally, Caitong International Asset Management Co. Ltd bought a new position in Allegion in the 3rd quarter valued at $36,000. 92.21% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Allegion

Here are the key news stories impacting Allegion this week:

• Positive Sentiment: Allegion posted Q2 earnings of $2.40 per share, beating estimates, while revenue of $1.15 billion also topped expectations. Management said organic growth and margin expansion in the Americas drove results. Allegion (NYSE: ALLE) Reports Q2-2026 Financial Results
• Positive Sentiment: The company raised its FY 2026 guidance, now calling for adjusted EPS of $8.85 to $9.00, above Wall Street expectations, signaling confidence in continued demand and profitability. Allegion Q2 Earnings Beat on Americas Growth, Outlook Raised
• Positive Sentiment: Investors are also reacting to commentary that non-residential demand and a stronger second-half outlook could support growth momentum beyond this quarter. Will Upgraded Q2 Outlook and Non-Residential Demand Shift Allegion’s (ALLE) Growth Narrative?
• Neutral Sentiment: Additional coverage highlighted the earnings beat and the company’s improved outlook, reinforcing the positive reaction but not adding materially new information. Allegion: Q2 Earnings Snapshot
• Neutral Sentiment: Several market reports noted ALLE as a standout premarket mover alongside other stocks, reflecting broader investor attention to the earnings release. S&P 500 Futures Fall in Premarket Trading; Medpace Holdings, Allegion Lead

Allegion Stock Performance

ALLE stock opened at $154.43 on Friday. Allegion PLC has a 1-year low of $125.00 and a 1-year high of $183.11. The company has a current ratio of 1.91, a quick ratio of 1.19 and a debt-to-equity ratio of 0.97. The firm has a market cap of $13.27 billion, a PE ratio of 21.10, a P/E/G ratio of 2.90 and a beta of 0.85. The business’s 50-day moving average price is $134.25 and its two-hundred day moving average price is $146.77.

Allegion (NYSE:ALLE) last announced 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 the consensus estimate of $2.22 by $0.18. The company had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.12 billion. Allegion had a return on equity of 35.41% and a net margin of 15.24%.The company’s revenue for the quarter was up 12.7% compared to the same quarter last year. During the same period in the prior year, the company earned $2.04 earnings per share. Allegion has set its FY 2026 guidance at 8.850-9.000 EPS. As a group, research analysts forecast that Allegion PLC will post 8.75 earnings per share for the current year.

Allegion announced that its Board of Directors has initiated a stock 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 buy up to 3.9% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s leadership believes its shares are undervalued.

Insider Activity

In related news, SVP Robert C. Martens sold 3,993 shares of the stock in a transaction that occurred on 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 sale, the senior vice president directly owned 8,570 shares of the company’s stock, valued at approximately $1,175,375.50. This represents a 31.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.64% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Evercore upgraded Allegion to a “strong-buy” rating in a research report on Monday, April 13th. Longbow Research upgraded Allegion from a “neutral” rating to a “buy” rating and set a $165.00 price objective for the company in a research report on Thursday, June 11th. Weiss Ratings cut Allegion from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 29th. Bank of America reduced their target price on shares of Allegion from $185.00 to $157.00 and set a “neutral” rating on the stock in a research note on Monday, April 20th. Finally, Robert W. Baird set a $165.00 price target on shares of Allegion in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $160.89.

Allegion 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.