108,154 Allegion PLC $ALLE Shares Sold by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA decreased its holdings in Allegion PLC (NYSE:ALLE - Free Report) by 85.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 18,452 shares of the scientific and technical instruments company's stock after selling 108,154 shares during the period. Pictet Asset Management Holding SA's holdings in Allegion were worth $2,837,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. DMC Group LLC lifted its position in shares of Allegion by 2.4% during the 3rd quarter. DMC Group LLC now owns 4,408 shares of the scientific and technical instruments company's stock worth $678,000 after buying an additional 102 shares during the last quarter. Wealth Alliance LLC raised its stake in Allegion by 4.5% during the first quarter. Wealth Alliance LLC now owns 2,644 shares of the scientific and technical instruments company's stock worth $384,000 after acquiring an additional 114 shares in the last quarter. Allworth Financial LP boosted its stake in shares of Allegion by 9.5% in the 2nd quarter. Allworth Financial LP now owns 1,368 shares of the scientific and technical instruments company's stock valued at $192,000 after purchasing an additional 119 shares in the last quarter. Platform Technology Partners boosted its stake in shares of Allegion by 7.6% in the 3rd quarter. Platform Technology Partners now owns 1,854 shares of the scientific and technical instruments company's stock valued at $285,000 after purchasing an additional 131 shares in the last quarter. Finally, NewEdge Advisors LLC grew its holdings in shares of Allegion by 6.5% during the 2nd quarter. NewEdge Advisors LLC now owns 2,274 shares of the scientific and technical instruments company's stock valued at $319,000 after purchasing an additional 138 shares during the last quarter. Institutional investors own 92.21% of the company's stock.

Analyst Upgrades and Downgrades

ALLE has been the subject of several research reports. JPMorgan Chase & Co. increased their price objective on shares of Allegion from $170.00 to $183.00 and gave the company a "neutral" rating in a research note on Friday, October 23rd. Mizuho set a $180.00 target price on shares of Allegion in a research note on Friday, October 23rd. Robert W. Baird set a $196.00 price target on shares of Allegion in a report on Friday, October 23rd. Evercore reiterated an "outperform" rating and issued a $180.00 price target on shares of Allegion in a research note on Tuesday, September 22nd. Finally, The Goldman Sachs Group increased their price target on Allegion from $182.00 to $206.00 and gave the company a "buy" rating in a research note on Monday, October 26th. Five investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Allegion presently has an average rating of "Moderate Buy" and a consensus target price of $180.70.

Trending Headlines about Allegion

Investors following ALLE have been watching these headlines:

• Positive Sentiment: Zacks Research raised its earnings estimates across multiple periods, including FY2026 to $9.06 per share, FY2027 to $9.77, and FY2028 to $10.77. The broad upward revisions suggest improving analyst expectations and may support investor sentiment. MarketBeat analyst estimates
• Positive Sentiment: A Zacks investment article highlights growth in Allegion’s Americas segment, strategic acquisitions, higher shareholder returns, and rising earnings estimates as reasons for the company’s investment appeal. Zacks Allegion investment outlook
• Neutral Sentiment: Allegion presented at the Baird 2026 Global Industrial Conference. The provided transcript listing does not specify new guidance or other developments that would clearly affect the stock. Conference transcript

Allegion Trading Up 0.8%

Shares of Allegion stock traded up $1.61 on Friday, hitting $191.68. The stock had a trading volume of 732,214 shares, compared to its average volume of 1,211,866. The stock has a 50 day moving average of $164.87 and a 200 day moving average of $152.07. Allegion PLC has a twelve month low of $125.00 and a twelve month high of $195.42. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.24 and a current ratio of 1.90. The firm has a market capitalization of $16.16 billion, a P/E ratio of 23.87, a PEG ratio of 2.14 and a beta of 0.82.

Allegion (NYSE:ALLE - Get Free Report) last issued its quarterly earnings data on Thursday, October 22nd. The scientific and technical instruments company reported $2.60 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.50 by $0.10. Allegion had a net margin of 15.74% and a return on equity of 35.52%. The business had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.14 billion. During the same quarter last year, the business earned $2.30 EPS. The firm's quarterly revenue was up 9.6% on a year-over-year basis. Sell-side analysts expect that Allegion PLC will post 9.09 earnings per share for the current fiscal year.

Allegion Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were paid a dividend of $0.55 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $2.20 annualized dividend and a dividend yield of 1.1%. Allegion's dividend payout ratio (DPR) is presently 27.40%.

Insider Activity

In related news, SVP Timothy Eckersley sold 6,364 shares of the business's stock in a transaction on Monday, October 26th. The shares were sold at an average price of $178.62, for a total value of $1,136,737.68. Following the sale, the senior vice president owned 22,028 shares of the company's stock, valued at $3,934,641.36. The trade was a 22.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Steven Mizell acquired 170 shares of the firm's stock in a transaction that occurred on Friday, August 28th. The stock was bought at an average price of $158.28 per share, with a total value of $26,907.60. Following the completion of the acquisition, the director directly owned 5,899 shares of the company's stock, valued at $933,693.72. This trade represents a 2.97% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders own 0.64% of the company's stock.

About Allegion

Allegion plc is a global provider of security products and solutions for homes, businesses, schools, hospitals and other institutions. Its offerings include mechanical and electronic locks, access-control systems, door closers, exit devices and related door hardware. The company sells products under brands including Schlage, Von Duprin, LCN and CISA. Its solutions are used in both commercial and residential settings, with operations serving customers in North America and other markets around the world.

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