4,219 Shares in Allegion PLC $ALLE Purchased by Stoneridge Investment Partners LLC

Stoneridge Investment Partners LLC acquired a new stake in Allegion PLC (NYSE:ALLE) during the second quarter, according to its most recent 13F filing with the SEC. The fund acquired 4,219 shares of the scientific and technical instruments company’s stock, valued at approximately $664,000.

Several other institutional investors have also added to or reduced their stakes in ALLE. Kingsview Wealth Management LLC purchased a new position in Allegion in the 4th quarter valued at approximately $2,833,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in Allegion by 5.6% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 181,501 shares of the scientific and technical instruments company’s stock valued at $29,205,000 after acquiring an additional 9,598 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in shares of Allegion by 793.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 45,002 shares of the scientific and technical instruments company’s stock worth $7,165,000 after acquiring an additional 39,964 shares in the last quarter. Titan Investment Solutions Ltd bought a new position in shares of Allegion in the fourth quarter worth $5,466,000. Finally, Thrivent Financial for Lutherans boosted its holdings in shares of Allegion by 50.7% in the fourth quarter. Thrivent Financial for Lutherans now owns 23,115 shares of the scientific and technical instruments company’s stock worth $3,683,000 after acquiring an additional 7,776 shares during the period. 92.21% of the stock is owned by hedge funds and other institutional investors.

Allegion News Summary

Here are the key news stories impacting Allegion this week:

• Positive Sentiment: Zacks raises earnings forecasts across multiple periods. Zacks Research 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. The firm also lifted estimates for several quarterly periods, including Q3 2026, Q1-Q4 2027, and Q1-Q2 2028. The revisions indicate greater confidence in Allegion’s earnings growth.
• Positive Sentiment: Longer-term earnings growth remains favorable. Zacks’ FY2028 forecast implies continued expansion from its FY2026 estimate, while the current-year consensus EPS estimate is $8.93. Allegion’s latest reported quarter also featured earnings and revenue above analyst expectations, supporting the constructive outlook.
• Neutral Sentiment: Company publishes inclusive-design material. Allegion released an e-book discussing inclusive design beyond compliance with the Americans with Disabilities Act. The publication may support the company’s brand and thought-leadership efforts but has no disclosed near-term financial impact. Allegion E-Book Examines Inclusive Design Beyond ADA Compliance
• Negative Sentiment: Current-year forecast remains slightly below consensus. Zacks’ FY2026 EPS estimate of $8.90 is below the broader analyst consensus of $8.93. That small gap is not a major deterioration, but it limits the immediate bullish effect of the upward revisions.

Analysts Set New Price Targets

A number of research firms recently issued reports on ALLE. JPMorgan Chase & Co. boosted their price objective on Allegion from $150.00 to $170.00 and gave the company a “neutral” rating in a research note on Friday, July 24th. Barclays cut their target price on Allegion from $165.00 to $161.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 29th. Weiss Ratings raised Allegion from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, August 4th. Robert W. Baird set a $170.00 price target on Allegion in a research report on Friday, July 24th. Finally, Bank of America lowered their price target on shares of Allegion from $185.00 to $157.00 and set a “neutral” rating on the stock in a report on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $164.75.

Allegion Stock Down 0.9%

Shares of NYSE:ALLE opened at $165.01 on Friday. The firm has a fifty day moving average price of $144.92 and a two-hundred day moving average price of $146.86. The company has a market cap of $14.03 billion, a price-to-earnings ratio of 21.65, a PEG ratio of 3.35 and a beta of 0.84. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.93 and a quick ratio of 1.23. Allegion PLC has a one year low of $125.00 and a one year high of $183.11.

Allegion (NYSE:ALLE) last released its quarterly earnings results on Thursday, July 23rd. The scientific and technical instruments company reported $2.40 earnings per share for the quarter, topping the consensus estimate of $2.22 by $0.18. Allegion had a net margin of 15.36% and a return on equity of 35.41%. The firm had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.12 billion. During the same quarter in the prior year, the firm posted $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. Analysts anticipate that Allegion PLC 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 repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the scientific and technical instruments company to repurchase up to 3.9% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

Insiders Place Their Bets

In other Allegion news, SVP Vincent Wenos sold 1,000 shares of the firm’s stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $168.25, for a total value of $168,250.00. Following the sale, the senior vice president owned 12,096 shares of the company’s stock, valued at $2,035,152. This trade represents a 7.64% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Timothy P. Eckersley sold 6,417 shares of Allegion stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $157.26, for a total value of $1,009,137.42. Following the sale, 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 position. 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 ninety days. Corporate insiders own 0.64% of the company’s stock.

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.