Zacks Research Has Positive View of Allegion FY2026 Earnings

Key Points

• Zacks Research raised Allegion’s FY2026 EPS estimate to $8.92 from $8.91, while projecting $9.49 for FY2027 and $10.33 for FY2028. The FY2026 forecast remains slightly below the $8.94 consensus.
• Allegion’s latest quarterly results exceeded expectations, with EPS of $2.40 versus the $2.22 consensus and revenue of $1.15 billion versus $1.12 billion expected. The company’s FY2026 guidance is $8.85–$9.00 per share.
• Analyst sentiment remains mixed, with a consensus rating of Hold and an average price target of $162.50, while the stock recently traded near $155.52. Allegion also pays a quarterly dividend of $0.55, representing a 1.4% yield.

Allegion PLC (NYSE:ALLE - Free Report) - Equities researchers at Zacks Research raised their FY2026 EPS estimates for shares of Allegion in a research note issued to investors on Thursday, October 15th. Zacks Research analyst Team now forecasts that the scientific and technical instruments company will earn $8.92 per share for the year, up from their prior forecast of $8.91. The consensus estimate for Allegion's current full-year earnings is $8.94 per share. Zacks Research also issued estimates for Allegion's Q4 2026 earnings at $2.25 EPS, Q1 2027 earnings at $2.07 EPS, Q2 2027 earnings at $2.46 EPS, FY2027 earnings at $9.49 EPS, Q2 2028 earnings at $2.63 EPS and FY2028 earnings at $10.33 EPS.

Allegion (NYSE:ALLE - Get Free Report) last released its quarterly earnings data 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 analyst estimates of $1.12 billion. During the same quarter in the prior year, the business earned $2.04 earnings per share. Allegion'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.

Other analysts have also recently issued reports about the company. JPMorgan Chase & Co. increased their price target on Allegion from $150.00 to $170.00 and gave the stock a "neutral" rating in a research report on Friday, July 24th. Evercore restated an "outperform" rating and set a $180.00 price objective on shares of Allegion in a research report on Tuesday, September 22nd. Robert W. Baird set a $170.00 price objective on Allegion in a research report on Friday, July 24th. Finally, Weiss Ratings upgraded Allegion from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Thursday, October 8th. Three analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, Allegion currently has an average rating of "Hold" and a consensus target price of $162.50.

Allegion Stock Up 2.0%

NYSE:ALLE opened at $155.52 on Friday. The firm has a market capitalization of $13.23 billion, a PE ratio of 20.41, a price-to-earnings-growth ratio of 3.10 and a beta of 0.81. The stock has a 50 day moving average of $156.67 and a 200-day moving average of $145.50. Allegion has a 52 week low of $125.00 and a 52 week high of $183.11. The company has a current ratio of 1.93, a quick ratio of 1.23 and a debt-to-equity ratio of 0.96.

Hedge Funds Weigh In On Allegion

Hedge funds and other institutional investors have recently made changes to their positions in the business. Continuum Advisory LLC acquired a new stake in Allegion in the 2nd quarter valued at approximately $25,000. Elevation Wealth Partners LLC raised its stake in Allegion by 1,666.7% during the 2nd quarter. Elevation Wealth Partners LLC now owns 212 shares of the scientific and technical instruments company's stock valued at $30,000 after acquiring an additional 200 shares in the last quarter. J.Safra Asset Management Corp bought a new stake in Allegion during the 2nd quarter valued at $42,000. Ameritas Advisory Services LLC acquired a new position in Allegion during the 2nd quarter worth $44,000. Finally, Blue Trust Inc. boosted its position in Allegion by 105.1% during the 1st quarter. Blue Trust Inc. now owns 771 shares of the scientific and technical instruments company's stock worth $112,000 after acquiring an additional 395 shares during the period. 92.21% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Allegion

In other news, Director Steven Mizell bought 170 shares of the firm's stock in a transaction on Friday, August 28th. The stock was purchased at an average price of $158.28 per share, for a total transaction of $26,907.60. Following the transaction, the director owned 5,899 shares in the company, valued at approximately $933,693.72. This trade represents a 2.97% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Timothy Eckersley sold 6,417 shares of the firm's stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $157.26, for a total transaction of $1,009,137.42. Following the completion of the sale, the senior vice president owned 29,919 shares in the company, valued at $4,705,061.94. The trade was a 17.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 11,288 shares of company stock worth $1,764,593 over the last 90 days. Corporate insiders own 0.64% of the company's stock.

Allegion Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were given a $0.55 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $2.20 annualized dividend and a yield of 1.4%. Allegion's dividend payout ratio (DPR) is currently 28.87%.

Allegion News Summary

Here are the key news stories impacting Allegion this week:

• Positive Sentiment: Zacks Research raised EPS estimates across multiple periods. The firm increased its forecasts for Q4 2026 to $2.25, FY2026 to $8.92, FY2027 to $9.49 and FY2028 to $10.33. It also lifted estimates for Q1 2027, Q2 2027 and Q2 2028 by $0.01 each, indicating slightly stronger expectations for Allegion’s future earnings growth. Allegion earnings estimate updates
• Positive Sentiment: Analysts expect a potential earnings beat. Zacks said Allegion has favorable characteristics ahead of its upcoming quarterly report, which could support the stock if the company exceeds consensus expectations. The current full-year consensus is $8.94 per share. Allegion earnings expectations
• Neutral Sentiment: The next earnings report is the key near-term catalyst. Allegion is projected to report quarterly results on Thursday, making the company’s guidance, revenue performance and outlook more important than the small analyst-estimate revisions. Allegion projected earnings date
• Negative Sentiment: Relative performance remains a concern. Although Allegion shares posted a gain Thursday, they lagged several competitors. With the stock trading near its 50-day average and at a forward earnings valuation that leaves less room for disappointment, investors may demand strong results or guidance to sustain momentum. Allegion relative stock performance

Allegion Company Profile

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.

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