Allegion PLC $ALLE Stock Bought by Diversify Advisory Services LLC

Key Points

• Diversify Advisory Services increased its Allegion stake by 73.3% during the third quarter, acquiring 7,725 additional shares for a total holding of 18,262 shares valued at approximately $2.8 million.
• Allegion reported quarterly EPS of $2.60, beating analysts’ $2.50 estimate, while revenue rose 9.6% year over year to $1.17 billion. The company also declared a $0.55 quarterly dividend, equivalent to a 1.2% annualized yield.
• Institutional investors own 92.21% of Allegion, while analysts maintain an average “Hold” rating with a $162.50 price target; the stock recently opened at $176.01.

Diversify Advisory Services LLC lifted its stake in shares of Allegion PLC (NYSE:ALLE - Free Report) by 73.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 18,262 shares of the scientific and technical instruments company's stock after buying an additional 7,725 shares during the quarter. Diversify Advisory Services LLC's holdings in Allegion were worth $2,808,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Continuum Advisory LLC purchased a new position in shares of Allegion in the 2nd quarter valued at $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 worth $30,000 after acquiring an additional 200 shares in the last quarter. J.Safra Asset Management Corp acquired a new stake in Allegion during the 2nd quarter worth $42,000. Ameritas Advisory Services LLC acquired a new stake in Allegion during the 2nd quarter worth $44,000. Finally, Brown Lisle Cummings Inc. lifted its position in Allegion by 14,733.3% in the third quarter. Brown Lisle Cummings Inc. now owns 445 shares of the scientific and technical instruments company's stock valued at $68,000 after acquiring an additional 442 shares during the last quarter. Hedge funds and other institutional investors own 92.21% of the company's stock.

Allegion Price Performance

ALLE stock opened at $176.01 on Friday. The company has a market capitalization of $14.97 billion, a P/E ratio of 18.84, a PEG ratio of 3.23 and a beta of 0.81. Allegion PLC has a twelve month low of $125.00 and a twelve month high of $183.11. The business has a 50 day simple moving average of $156.04 and a 200-day simple moving average of $146.13. The company has a current ratio of 1.93, a quick ratio of 1.23 and a debt-to-equity ratio of 0.96.

Allegion (NYSE:ALLE - Get Free Report) last announced its earnings results on Thursday, October 22nd. The scientific and technical instruments company reported $2.60 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.50 by $0.10. The business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.14 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 9.6% compared to the same quarter last year. During the same period last year, the firm posted $2.30 earnings per share. As a group, equities analysts anticipate that Allegion PLC will post 8.94 EPS for the current year.

Allegion Dividend Announcement

The firm also recently declared 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 1.2%. Allegion's dividend payout ratio is 28.87%.

Insider Buying and Selling

In related news, SVP Timothy P. Eckersley sold 6,417 shares of the stock in a transaction 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. This represents a 17.66% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Vincent Wenos sold 1,000 shares of the firm's stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $168.25, for a total transaction of $168,250.00. Following the transaction, the senior vice president directly owned 12,096 shares in the company, valued at $2,035,152. The trade was a 7.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.64% of the stock is owned by company insiders.

Trending Headlines about Allegion

Here are the key news stories impacting Allegion this week:

• Positive Sentiment: Q3 results exceeded expectations: Allegion reported adjusted earnings of $2.60 per share, above the $2.50 consensus estimate, while revenue reached $1.17 billion versus expectations of $1.14 billion. Revenue grew 9.6% year over year, and earnings increased from $2.30 per share in the prior-year quarter. Allegion third-quarter earnings report
• Positive Sentiment: Guidance was raised: Management increased its 2026 adjusted EPS outlook to $9.05-$9.10, signaling confidence in continued operating momentum and margin expansion. The company also raised its full-year revenue outlook. Allegion raises 2026 earnings outlook
• Positive Sentiment: Americas demand remained strong: The earnings call highlighted robust growth in the Americas, with non-residential activity helping offset pressure in other regions. This regional strength was the main reason investors responded favorably to the report. Allegion earnings call highlights
• Neutral Sentiment: Allegion Ventures made a follow-on investment in Ambient.ai, a company developing agentic physical-security technology. The investment supports Allegion’s longer-term innovation strategy but is unlikely to materially affect near-term earnings. Allegion Ventures investment in Ambient.ai
• Negative Sentiment: International markets remained comparatively weak, creating an offset to the Americas-led performance and representing a risk to the company’s growth outlook if the softness persists.

Wall Street Analyst Weigh In

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

About Allegion

Allegion plc NYSE: ALLE is a global security products and solutions company focused on protecting people and property. Its portfolio includes mechanical and electronic locks, access control systems, door closers, exit devices, door controls, and commercial doors and frames.

The company serves commercial, institutional, industrial, and residential customers through well-known brands including Schlage, Von Duprin, LCN, Steelcraft, Briton, and aptiQ. Its offerings range from traditional hardware to connected and electronic access solutions designed for offices, schools, healthcare facilities, multifamily properties, and homes.

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

Want to see what other hedge funds are holding ALLE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Allegion PLC (NYSE:ALLE - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.