Frank Rimerman Advisors LLC Buys 6,858 Shares of Allegion PLC $ALLE

Key Points

• Frank Rimerman Advisors increased its Allegion stake by 461.5% in the third quarter, acquiring 6,858 additional shares for a total holding of 8,344 shares valued at approximately $1.28 million. Institutional investors collectively own 92.21% of the company.
• Allegion reported quarterly earnings of $2.40 per share, beating estimates of $2.22, while revenue rose 12.7% year over year to $1.15 billion. The company maintained its FY2026 EPS guidance of $8.85–$9.00, and analysts modestly raised longer-term earnings forecasts.
• The stock traded near $156, while Wall Street maintained an overall “Hold” rating with a consensus price target of $162.50. Allegion also pays a quarterly dividend of $0.55 per share, but company insiders sold 11,288 shares worth about $1.76 million in the latest quarter.

Frank Rimerman Advisors LLC lifted its stake in Allegion PLC (NYSE:ALLE - Free Report) by 461.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,344 shares of the scientific and technical instruments company's stock after acquiring an additional 6,858 shares during the quarter. Frank Rimerman Advisors LLC's holdings in Allegion were worth $1,283,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in ALLE. MassMutual Private Wealth & Trust FSB grew its position in Allegion by 5,141.6% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 11,846 shares of the scientific and technical instruments company's stock worth $1,822,000 after purchasing an additional 11,620 shares during the period. Regents Gate Capital LLP raised its stake in Allegion by 291.7% during the 1st quarter. Regents Gate Capital LLP now owns 165,622 shares of the scientific and technical instruments company's stock valued at $24,063,000 after buying an additional 123,343 shares during the last quarter. GAMMA Investing LLC raised its stake in Allegion by 1,653.5% during the 3rd quarter. GAMMA Investing LLC now owns 33,018 shares of the scientific and technical instruments company's stock valued at $5,077,000 after buying an additional 31,135 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of Allegion by 19.4% during the 1st quarter. The Manufacturers Life Insurance Company now owns 599,326 shares of the scientific and technical instruments company's stock valued at $87,076,000 after buying an additional 97,304 shares during the period. Finally, Vaughan Nelson Investment Management L.P. lifted its holdings in shares of Allegion by 22.7% during the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 153,511 shares of the scientific and technical instruments company's stock valued at $22,304,000 after buying an additional 28,355 shares during the period. 92.21% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting 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

Wall Street Analyst Weigh In

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

Insider Buying and Selling

In other Allegion news, SVP Timothy Eckersley sold 6,417 shares of the company's stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $157.26, for a total value 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CAO Nickolas A. Musial sold 687 shares of the company's stock in a transaction dated Thursday, July 23rd. The stock was sold at an average price of $155.00, for a total value of $106,485.00. Following the completion of the sale, the chief accounting officer owned 6,798 shares of the company's stock, valued at approximately $1,053,690. The trade was a 9.18% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 11,288 shares of company stock worth $1,764,593 in the last quarter. Company insiders own 0.64% of the company's stock.

Allegion Stock Down 0.1%

Shares of ALLE stock opened at $156.39 on Monday. Allegion PLC has a 12 month low of $125.00 and a 12 month high of $183.11. The stock has a market cap of $13.30 billion, a P/E ratio of 20.52, a P/E/G ratio of 3.18 and a beta of 0.81. The company has a current ratio of 1.93, a quick ratio of 1.23 and a debt-to-equity ratio of 0.96. The company has a 50 day simple moving average of $156.42 and a two-hundred day simple moving average of $145.59.

Allegion (NYSE:ALLE - Get Free Report) last released its quarterly earnings results 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. The business had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.12 billion. Allegion had a net margin of 15.36% and a return on equity of 35.41%. The company's quarterly revenue was up 12.7% on a year-over-year basis. During the same period last year, the firm earned $2.04 earnings per share. Allegion has set its FY 2026 guidance at 8.850-9.000 EPS. On average, research analysts expect that Allegion PLC will post 8.94 earnings per share for the current year.

Allegion Announces Dividend

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

Allegion Company Profile

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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