Allegion PLC (NYSE:ALLE) Receives Average Recommendation of "Hold" from Brokerages

Key Points

• Consensus "Hold" — 11 analysts cover Allegion: seven rate it Hold, three Buy and one Strong Buy, with an average 1‑year price target of $164.00.
• Quarterly results showed EPS of $1.80, which missed estimates (consensus $1.88) while revenue was $1.03B (+9.7% YoY); management set FY2026 EPS guidance of 8.70–8.90 and analysts expect about 8.73.
• Board approved a $500 million share buyback (≈3.9% of shares) and declared a $0.55 quarterly dividend ($2.20 annual, ~1.6% yield); insider activity was mixed and institutions own ~92% of the stock.

Shares of Allegion PLC (NYSE:ALLE - Get Free Report) have been assigned a consensus recommendation of "Hold" from the eleven ratings firms that are presently covering the company, Marketbeat reports. Seven investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $164.00.

A number of equities research analysts recently issued reports on the company. Robert W. Baird set a $165.00 price objective on Allegion in a research note on Wednesday. JPMorgan Chase & Co. lowered their price objective on Allegion from $180.00 to $170.00 and set an "overweight" rating on the stock in a research note on Wednesday. Barclays lowered their price objective on Allegion from $165.00 to $161.00 and set an "equal weight" rating on the stock in a research note on Wednesday. Bank of America lowered their price objective on Allegion from $185.00 to $157.00 and set a "neutral" rating on the stock in a research note on Monday, April 20th. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of Allegion in a research report on Wednesday, January 21st.

Allegion Trading Down 1.4%

Shares of Allegion stock opened at $135.61 on Friday. Allegion has a 52-week low of $134.67 and a 52-week high of $183.11. The stock's 50-day simple moving average is $147.28 and its 200 day simple moving average is $159.49. The stock has a market capitalization of $11.65 billion, a P/E ratio of 18.53, a P/E/G ratio of 2.86 and a beta of 0.89. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.16 and a current ratio of 1.91.

Allegion (NYSE:ALLE - Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The scientific and technical instruments company reported $1.80 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.88 by ($0.08). Allegion had a net margin of 15.24% and a return on equity of 35.41%. The firm had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.03 billion. During the same quarter in the prior year, the firm posted $1.86 earnings per share. The company's revenue was up 9.7% on a year-over-year basis. Allegion has set its FY 2026 guidance at 8.700-8.900 EPS. As a group, research analysts anticipate that Allegion will post 8.73 EPS for the current year.

Allegion announced that its Board of Directors has authorized a stock buyback plan on Tuesday, April 28th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the scientific and technical instruments company to purchase up to 3.9% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its stock is undervalued.

Allegion Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a dividend of $0.55 per share. The ex-dividend date is Monday, June 15th. This represents a $2.20 annualized dividend and a dividend yield of 1.6%. Allegion's dividend payout ratio is currently 29.57%.

Insider Activity

In other news, Director Steven Mizell sold 1,000 shares of the company's stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $161.51, for a total transaction of $161,510.00. Following the sale, the director directly 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 filing with the SEC, which is available at this link. Also, Director Sue Main purchased 2,000 shares of the firm's stock in a transaction dated 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 completion of the transaction, the director owned 2,000 shares of the company's stock, valued at approximately $299,220. This trade represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 0.23% of the company's stock.

Institutional Investors Weigh In On Allegion

Hedge funds and other institutional investors have recently modified their holdings of the stock. Westside Investment Management Inc. increased its position in shares of Allegion by 100.0% during the third quarter. Westside Investment Management Inc. now owns 140 shares of the scientific and technical instruments company's stock valued at $25,000 after buying an additional 70 shares during the period. Pinnacle Bancorp Inc. increased its position in shares of Allegion by 255.6% in the fourth quarter. Pinnacle Bancorp Inc. now owns 160 shares of the scientific and technical instruments company's stock worth $25,000 after purchasing an additional 115 shares during the last quarter. First Horizon Corp bought a new position in shares of Allegion in the third quarter worth approximately $26,000. Hantz Financial Services Inc. increased its position in shares of Allegion by 120.9% in the third quarter. Hantz Financial Services Inc. now owns 148 shares of the scientific and technical instruments company's stock worth $26,000 after purchasing an additional 81 shares during the last quarter. Finally, Atlantic Union Bankshares Corp bought a new position in shares of Allegion in the third quarter worth approximately $29,000. 92.21% of the stock is currently owned by institutional investors.

About Allegion

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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