Zacks Research Brokers Lift Earnings Estimates for Allegion

Key Points

• Zacks Research raised Allegion’s Q3 2026 EPS estimate to $2.47 from $2.46 and projects FY2026 earnings of $8.91 per share, within the company’s $8.85–$9.00 guidance range.
• Allegion’s latest quarterly results exceeded expectations, with EPS of $2.40 versus the $2.22 consensus and revenue of $1.15 billion, up 12.7% year over year.
• Analyst sentiment remains cautious, with the stock carrying an average “Hold” rating and a $164.75 price target; Allegion also announced a quarterly dividend of $0.55 per share, yielding approximately 1.4%.

Allegion PLC (NYSE:ALLE - Free Report) - Investment analysts at Zacks Research boosted their Q3 2026 EPS estimates for shares of Allegion in a research note issued to investors on Friday, September 11th. Zacks Research analyst Team now expects that the scientific and technical instruments company will earn $2.47 per share for the quarter, up from their previous estimate of $2.46. The consensus estimate for Allegion's current full-year earnings is $8.93 per share. Zacks Research also issued estimates for Allegion's FY2026 earnings at $8.91 EPS, Q1 2027 earnings at $2.06 EPS, Q2 2027 earnings at $2.45 EPS, Q3 2027 earnings at $2.55 EPS, Q4 2027 earnings at $2.41 EPS, FY2027 earnings at $9.48 EPS and Q2 2028 earnings at $2.62 EPS.

Several other equities research analysts have also recently issued reports on ALLE. Longbow Research upgraded shares of Allegion from a "neutral" rating to a "buy" rating and set a $165.00 price objective on the stock in a research report on Thursday, June 11th. Morgan Stanley decreased their price target on Allegion from $165.00 to $142.00 and set an "equal weight" rating on the stock in a report on Wednesday, June 3rd. Robert W. Baird set a $170.00 price target on Allegion in a report on Friday, July 24th. JPMorgan Chase & Co. increased their price target on shares of Allegion from $150.00 to $170.00 and gave the company a "neutral" rating in a research report on Friday, July 24th. Finally, Weiss Ratings raised Allegion from a "hold (c)" rating to a "hold (c+)" rating in a report on Tuesday, August 4th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and seven have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $164.75.

Allegion Stock Performance

NYSE ALLE opened at $153.37 on Monday. The business has a 50-day moving average price of $154.17 and a 200-day moving average price of $144.97. The firm has a market cap of $13.04 billion, a price-to-earnings ratio of 20.13, a price-to-earnings-growth ratio of 3.12 and a beta of 0.83. Allegion has a twelve month low of $125.00 and a twelve month high of $183.11. The company has a quick ratio of 1.23, a current ratio of 1.93 and a debt-to-equity ratio of 0.96.

Allegion (NYSE:ALLE - Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The scientific and technical instruments company reported $2.40 earnings per share for the quarter, beating the consensus estimate of $2.22 by $0.18. The business had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.12 billion. Allegion had a net margin of 15.36% and a return on equity of 35.41%. The company's revenue for the quarter was up 12.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.04 earnings per share. Allegion has set its FY 2026 guidance at 8.850-9.000 EPS.

Allegion Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Tuesday, September 15th. Allegion's dividend payout ratio is 28.87%.

Insider Buying and Selling at Allegion

In related news, CAO Nickolas Musial sold 687 shares of the stock in a transaction that occurred on Thursday, July 23rd. The stock was sold at an average price of $155.00, for a total value of $106,485.00. Following the completion of the transaction, the chief accounting officer directly owned 6,798 shares in the company, valued at approximately $1,053,690. This represents a 9.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Vincent Wenos sold 1,000 shares of Allegion stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $168.25, for a total value of $168,250.00. Following the completion of the sale, the senior vice president owned 12,096 shares in the company, valued at $2,035,152. This represents a 7.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 11,288 shares of company stock worth $1,764,593. 0.64% of the stock is owned by company insiders.

Hedge Funds Weigh In On Allegion

Hedge funds and other institutional investors have recently bought and sold shares of the company. Kingsview Wealth Management LLC purchased a new position in shares of Allegion in the 4th quarter valued at about $2,833,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Allegion by 793.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 45,002 shares of the scientific and technical instruments company's stock valued at $7,165,000 after acquiring an additional 39,964 shares during the period. National Pension Service raised its holdings in shares of Allegion by 145.0% in the fourth quarter. National Pension Service now owns 19,072 shares of the scientific and technical instruments company's stock valued at $3,037,000 after buying an additional 11,287 shares during the last quarter. Titan Investment Solutions Ltd purchased a new stake in Allegion during the 4th quarter valued at approximately $5,466,000. Finally, Panagora Asset Management Inc. raised its stake in shares of Allegion by 191.8% during the fourth quarter. Panagora Asset Management Inc. now owns 624,297 shares of the scientific and technical instruments company's stock worth $99,401,000 after purchasing an additional 410,346 shares during the last quarter. 92.21% of the stock is currently owned by hedge funds and other institutional investors.

Allegion Company Profile

Allegion plc NYSE: ALLE is a global provider of security products and solutions designed to help protect people and property. The company serves commercial, institutional, residential and industrial customers with products used to control and manage access to buildings and other facilities.

Its portfolio includes mechanical and electronic locks, access control systems, credentials, door closers, exit devices, door hardware, steel doors and related software and services. Allegion's brands include Schlage, Von Duprin, LCN, Steelcraft and Briton, among others.

Allegion was established as an independent company in 2013 following its separation from Ingersoll Rand.

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