Allegion PLC $ALLE Shares Sold by Vontobel Holding Ltd.

Key Points

• Vontobel Holding cut its Allegion stake by 40.9% in the third quarter, selling 502,354 shares and retaining 727,227 shares valued at approximately $111.8 million.
• Other institutional investors—including TD Waterhouse Canada, Alaska’s Department of Revenue and Mather Group—significantly increased their positions; institutions collectively own 92.21% of Allegion.
• Allegion reported quarterly earnings and revenue above consensus estimates, maintained 2026 EPS guidance of $8.85–$9.00, and pays a $2.20 annualized dividend yielding about 1.4%. Analysts’ consensus rating remains Hold, with an average price target of $162.50.

Vontobel Holding Ltd. lessened its holdings in shares of Allegion PLC (NYSE:ALLE - Free Report) by 40.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 727,227 shares of the scientific and technical instruments company's stock after selling 502,354 shares during the period. Vontobel Holding Ltd. owned about 0.86% of Allegion worth $111,826,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. TD Waterhouse Canada Inc. increased its position in shares of Allegion by 6,297.2% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 18,488 shares of the scientific and technical instruments company's stock valued at $2,843,000 after acquiring an additional 18,199 shares during the period. State of Alaska Department of Revenue lifted its stake in shares of Allegion by 581.8% in the 3rd quarter. State of Alaska Department of Revenue now owns 57,417 shares of the scientific and technical instruments company's stock valued at $8,829,000 after purchasing an additional 48,996 shares during the period. Mather Group LLC. boosted its position in Allegion by 8,171.9% during the third quarter. Mather Group LLC. now owns 38,547 shares of the scientific and technical instruments company's stock worth $5,927,000 after purchasing an additional 38,081 shares in the last quarter. Krilogy Financial LLC acquired a new stake in Allegion in the 3rd quarter worth about $732,000. Finally, Forvis Mazars Wealth Advisors LLC lifted its holdings in Allegion by 17.7% in the 3rd quarter. Forvis Mazars Wealth Advisors LLC now owns 14,769 shares of the scientific and technical instruments company's stock valued at $2,271,000 after purchasing an additional 2,224 shares in the last quarter. 92.21% of the stock is currently owned by institutional investors.

Allegion Stock Up 0.4%

Shares of NYSE ALLE traded up $0.64 during trading hours on Friday, hitting $156.39. The stock had a trading volume of 1,128,393 shares, compared to its average volume of 1,084,505. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.23 and a current ratio of 1.93. Allegion PLC has a 52 week low of $125.00 and a 52 week high of $183.11. The firm's 50-day moving average price is $156.42 and its two-hundred day moving average price is $145.58. The company has a market capitalization of $13.30 billion, a P/E ratio of 20.52, a P/E/G ratio of 3.16 and a beta of 0.81.

Allegion (NYSE:ALLE - Get Free Report) last announced its earnings results on Thursday, July 23rd. The scientific and technical instruments company reported $2.40 EPS 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 the consensus estimate of $1.12 billion. During the same quarter last year, the firm posted $2.04 EPS. The business'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. Analysts anticipate that Allegion PLC will post 8.94 EPS for the current fiscal year.

Allegion Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were paid a $0.55 dividend. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.4%. Allegion's payout ratio is currently 28.87%.

Insider Activity

In related news, SVP Vincent Wenos sold 1,000 shares of Allegion stock in a transaction dated Thursday, August 6th. The stock was 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 directly owned 12,096 shares in the company, valued at $2,035,152. This trade represents a 7.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Nickolas Musial sold 687 shares of the firm's stock in a transaction that occurred on Thursday, July 23rd. The shares were sold at an average price of $155.00, for a total transaction 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. The trade was a 9.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 11,288 shares of company stock worth $1,764,593. 0.64% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

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

Trending Headlines about Allegion

Here are the key news stories impacting Allegion this week:

• Positive Sentiment: Analysts raised multiple EPS forecasts. Zacks Research increased its estimates for Allegion’s fourth-quarter and full-year 2026 earnings, as well as 2027 and 2028 results. The firm now projects FY2026 EPS of $8.92, FY2027 EPS of $9.49 and FY2028 EPS of $10.33, modestly above its prior forecasts. The upward revisions signal slightly stronger expected profit growth. MarketBeat Allegion analyst estimates
• Positive Sentiment: Allegion is being highlighted as a momentum stock. Zacks’ Style Scores point to favorable recent price and earnings trends, which may attract quantitative and momentum-focused investors. Why Allegion is a Strong Momentum Stock
• Positive Sentiment: Recent operating performance remains supportive. Allegion’s latest reported quarter exceeded consensus estimates on both earnings and revenue, with revenue increasing 12.7% year over year. The company also maintained full-year 2026 EPS guidance of $8.85-$9.00, reinforcing expectations for continued earnings growth.
• Neutral Sentiment: Investors are focused on the upcoming quarterly report. Analysts expect earnings growth and are looking for another potential beat, but the cited articles do not provide new quarterly results or a change to company guidance. Allegion Earnings Expected to Grow
• Neutral Sentiment: Relative performance was mixed. Allegion stock rose in the latest session but underperformed some competitors, suggesting the move was positive but not sector-leading. Allegion Stock Underperforms Competitors

Allegion 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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