Allegion PLC $ALLE Stock Holdings Increased by Farmers & Merchants Investments Inc.

Key Points

• Farmers & Merchants Investments sharply increased its Allegion position by 11,761.9% in the third quarter, bringing its holdings to 7,473 shares valued at approximately $1.15 million. Other institutional investors also added shares, and institutions collectively own 92.21% of Allegion.
• Allegion exceeded third-quarter expectations, reporting adjusted EPS of $2.60 versus the $2.50 consensus and revenue of $1.17 billion, up 9.6% year over year. Management raised its 2026 outlook for adjusted EPS, revenue, and revenue growth.
• Analyst sentiment improved, with Bank of America upgrading the stock to Buy and raising its price target to $200; JPMorgan also raised its target to $183. Allegion shares were trading near $178.95, close to their 12-month high of $183.11.

Farmers & Merchants Investments Inc. increased its position in Allegion PLC (NYSE:ALLE - Free Report) by 11,761.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,473 shares of the scientific and technical instruments company's stock after acquiring an additional 7,410 shares during the period. Farmers & Merchants Investments Inc.'s holdings in Allegion were worth $1,149,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Sterling Capital Management LLC boosted its holdings in Allegion by 442.8% during the third quarter. Sterling Capital Management LLC now owns 17,620 shares of the scientific and technical instruments company's stock worth $2,709,000 after buying an additional 14,374 shares in the last quarter. Yousif Capital Management LLC boosted its stake in Allegion by 588.1% in the 3rd quarter. Yousif Capital Management LLC now owns 66,771 shares of the scientific and technical instruments company's stock worth $10,267,000 after purchasing an additional 57,068 shares during the period. MBL Wealth LLC acquired a new stake in Allegion during the 3rd quarter valued at $413,000. Compass Wealth Management LLC acquired a new stake in Allegion during the 3rd quarter worth about $124,000. Finally, NBT Bank N.A. purchased a new stake in Allegion in the 3rd quarter worth approximately $2,738,000. Institutional investors and hedge funds own 92.21% of the company's stock.

Key Stories Impacting Allegion

Here are the key news stories impacting Allegion this week:

• Positive Sentiment: Q3 earnings and revenue beat estimates. Allegion reported adjusted earnings of $2.60 per share versus the $2.50 consensus, while revenue rose 9.6% year over year to $1.17 billion, ahead of the $1.14 billion estimate. Allegion Q3 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management raised full-year guidance. Allegion now expects 2026 adjusted EPS of $9.05–$9.10, above the roughly $8.96 consensus, and revenue of approximately $4.5 billion versus estimates near $4.4 billion. Its reported revenue-growth outlook was raised to 9.5%–10.5%. Allegion Raises 2026 Adjusted EPS Outlook
• Positive Sentiment: Americas demand is driving the recovery. Low-double-digit organic growth in Americas non-residential markets, combined with margin expansion, helped offset weaker international performance and strengthened confidence in volume growth. Allegion Key Takeaways for Long-Term Investors
• Positive Sentiment: Analyst sentiment improved. Bank of America upgraded Allegion to Buy from Neutral and lifted its price target to $200 from $164. JPMorgan raised its target to $183, while Morgan Stanley increased its target to $170. BofA said improving volumes could support a further valuation re-rating. B of A Securities Upgrades Allegion

Allegion Trading Up 1.4%

ALLE opened at $178.95 on Friday. Allegion PLC has a 12 month low of $125.00 and a 12 month high of $183.11. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.90 and a quick ratio of 1.23. The stock has a market capitalization of $15.22 billion, a price-to-earnings ratio of 22.29, a PEG ratio of 3.58 and a beta of 0.81. The business has a fifty day moving average price of $156.32 and a 200 day moving average price of $146.36.

Allegion (NYSE:ALLE - Get Free Report) last announced 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 the consensus estimate of $2.50 by $0.10. Allegion had a net margin of 15.74% and a return on equity of 35.52%. The company had revenue of $1.17 billion for the quarter, compared to analysts' expectations of $1.14 billion. During the same period in the previous year, the company posted $2.30 EPS. Allegion's revenue was up 9.6% compared to the same quarter last year. Sell-side analysts expect that Allegion PLC will post 9.04 earnings per share for the current fiscal year.

Allegion Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were issued a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Tuesday, September 15th. Allegion's payout ratio is 27.40%.

Insider Buying and Selling at Allegion

In other Allegion news, SVP Vincent Wenos sold 1,000 shares of the business's 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 transaction, the senior vice president 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 sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Timothy Eckersley sold 6,417 shares of the business's stock in a transaction that occurred on Monday, July 27th. The stock was 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 directly owned 29,919 shares of the company's stock, valued at $4,705,061.94. This represents a 17.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.64% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts have commented on ALLE shares. Robert W. Baird set a $196.00 price target on Allegion in a research report on Friday. Bank of America upgraded shares of Allegion from a "neutral" rating to a "buy" rating and lifted their price target for the stock from $164.00 to $200.00 in a report on Friday. Weiss Ratings raised shares of Allegion from a "hold (c+)" rating to a "buy (b-)" rating in a report on Thursday, October 8th. Mizuho set a $180.00 price target on Allegion in a research report on Friday. Finally, JPMorgan Chase & Co. upped their target price on Allegion from $170.00 to $183.00 and gave the stock a "neutral" rating in a report on Friday. Four research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $173.56.

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.

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