Krilogy Financial LLC Purchases New Position in Allegion PLC $ALLE

Krilogy Financial LLC purchased a new position in Allegion PLC (NYSE:ALLE) in the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 4,876 shares of the scientific and technical instruments company’s stock, valued at approximately $732,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Continuum Advisory LLC purchased a new position in Allegion during the second quarter valued at approximately $25,000. Elevation Wealth Partners LLC raised its stake in Allegion by 1,666.7% in the second quarter. Elevation Wealth Partners LLC now owns 212 shares of the scientific and technical instruments company’s stock worth $30,000 after buying an additional 200 shares in the last quarter. J.Safra Asset Management Corp purchased a new stake in Allegion during the second quarter worth $42,000. Ameritas Advisory Services LLC purchased a new stake in Allegion during the second quarter worth $44,000. Finally, Blue Trust Inc. lifted its holdings in Allegion by 105.1% during the first quarter. Blue Trust Inc. now owns 771 shares of the scientific and technical instruments company’s stock worth $112,000 after buying an additional 395 shares during the period. 92.21% of the stock is currently owned by institutional investors.

Allegion Stock Performance

ALLE stock opened at $156.39 on Friday. The firm has a market cap of $13.30 billion, a price-to-earnings ratio of 20.52, a PEG ratio of 3.18 and a beta of 0.81. The firm has a 50-day simple moving average of $156.42 and a two-hundred day simple moving average of $145.58. Allegion PLC has a one year low of $125.00 and a one year high of $183.11. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.23 and a current ratio of 1.93.

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, beating analysts’ consensus estimates of $2.22 by $0.18. Allegion had a net margin of 15.36% and a return on equity of 35.41%. The business had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.12 billion. During the same period last year, the business earned $2.04 EPS. The company’s revenue was up 12.7% compared to the same quarter last year. Allegion has set its FY 2026 guidance at 8.850-9.000 EPS. On average, equities analysts forecast that Allegion PLC will post 8.94 EPS for the current fiscal year.

Allegion Announces Dividend

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

Analyst Upgrades and Downgrades

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

Insider Activity at Allegion

In other news, Director Steven Mizell bought 170 shares of the stock in a transaction on Friday, August 28th. The stock was bought at an average cost of $158.28 per share, for a total transaction of $26,907.60. Following the completion of the purchase, the director directly owned 5,899 shares in the company, valued at approximately $933,693.72. The trade was a 2.97% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Michael Wagnes sold 3,184 shares of the firm’s stock in a transaction that occurred on Thursday, July 23rd. The shares were sold at an average price of $150.98, for a total transaction of $480,720.32. Following the completion of the sale, the chief financial officer owned 31,299 shares of the company’s stock, valued at approximately $4,725,523.02. This trade represents a 9.23% 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. Insiders have sold a total of 11,288 shares of company stock valued at $1,764,593 over the last three months. Company insiders own 0.64% of the company’s stock.

More Allegion News

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.