Allegion (NYSE:ALLE) Announces Earnings Results

Key Points

• Earnings miss and guidance: Allegion reported Q EPS of $1.80 versus a $2.27 consensus and revenue of $1.03B versus $1.10B expected, and it updated FY2026 guidance to 8.70–8.90 EPS.
• Dividend announced: The company declared a quarterly dividend of $0.55 per share (annualized $2.20) with an ex-dividend date of June 15 and a yield of about 1.5%.
• Market and analyst snapshot: Shares rose ~1.6% on the report (opened $148.42); Allegion has a market cap of $12.76B, a P/E of ~19.95, and a MarketBeat consensus rating of “Hold” with an average price target of $168.88.

Allegion (NYSE:ALLE - Get Free Report) announced its quarterly earnings data on Tuesday. The scientific and technical instruments company reported $1.80 earnings per share for the quarter, missing analysts' consensus estimates of $2.27 by ($0.47), FiscalAI reports. The business had revenue of $1.03 billion during the quarter, compared to analysts' expectations of $1.10 billion. Allegion had a return on equity of 38.06% and a net margin of 15.83%. Allegion updated its FY 2026 guidance to 8.700-8.900 EPS.

Allegion Trading Up 1.6%

Shares of NYSE ALLE opened at $148.42 on Tuesday. The firm's 50 day moving average price is $148.75 and its 200-day moving average price is $160.05. The company has a market cap of $12.76 billion, a PE ratio of 19.95, a P/E/G ratio of 2.74 and a beta of 1.02. Allegion has a 52-week low of $134.67 and a 52-week high of $183.11. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.16 and a current ratio of 1.84.

Allegion Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Monday, June 15th. Allegion's dividend payout ratio is currently 29.57%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Evercore upgraded shares of Allegion to a "strong-buy" rating in a report on Monday, April 13th. Weiss Ratings reiterated a "buy (b)" rating on shares of Allegion in a research note on Wednesday, January 21st. Barclays dropped their target price on shares of Allegion from $176.00 to $165.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 1st. Wells Fargo & Company dropped their target price on shares of Allegion from $175.00 to $155.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 1st. Finally, JPMorgan Chase & Co. dropped their target price on shares of Allegion from $190.00 to $180.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and seven have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Allegion presently has a consensus rating of "Hold" and an average price target of $168.88.

Insider Activity at Allegion

In related news, Director Steven Mizell sold 1,000 shares of the stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $161.51, for a total transaction of $161,510.00. Following the transaction, the director owned 4,915 shares in the company, valued at $793,821.65. This represents a 16.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Sue Main acquired 2,000 shares of the stock in a transaction that occurred on Wednesday, March 11th. The shares were bought at an average price of $149.61 per share, for a total transaction of $299,220.00. Following the transaction, the director owned 2,000 shares of the company's stock, valued at $299,220. This trade represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Corporate insiders own 0.23% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ALLE. CYBER HORNET ETFs LLC bought a new position in Allegion during the second quarter valued at approximately $33,000. Caitong International Asset Management Co. Ltd bought a new position in Allegion during the third quarter valued at approximately $36,000. MUFG Securities EMEA plc bought a new position in Allegion during the second quarter valued at approximately $37,000. Quarry LP bought a new position in Allegion during the third quarter valued at approximately $64,000. Finally, Transamerica Financial Advisors LLC lifted its position in Allegion by 53,300.0% during the second quarter. Transamerica Financial Advisors LLC now owns 534 shares of the scientific and technical instruments company's stock valued at $77,000 after purchasing an additional 533 shares during the period. Institutional investors own 92.21% of the company's stock.

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.

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