MassMutual Private Wealth & Trust FSB Grows Holdings in Allegion PLC $ALLE

Key Points

• MassMutual Private Wealth & Trust FSB increased its Allegion holdings by 5,141.6% in the third quarter, bringing its position to 11,846 shares valued at approximately $1.82 million. Institutional investors collectively own 92.21% of Allegion.
• Allegion reported quarterly EPS of $2.40, exceeding estimates of $2.22, while revenue rose 12.7% year over year to $1.15 billion. The company issued fiscal 2026 EPS guidance of $8.85–$9.00 and maintains a quarterly dividend of $0.55 per share.
• Analysts maintain a consensus “Hold” rating with an average price target of $162.50, compared with the stock’s reported price of $153.75. Meanwhile, insiders sold 11,288 shares worth approximately $1.76 million over the past three months.

MassMutual Private Wealth & Trust FSB grew its holdings in shares of Allegion PLC (NYSE:ALLE - Free Report) by 5,141.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,846 shares of the scientific and technical instruments company's stock after buying an additional 11,620 shares during the quarter. MassMutual Private Wealth & Trust FSB's holdings in Allegion were worth $1,822,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wealth Alliance LLC increased its holdings in Allegion by 4.5% during the 1st quarter. Wealth Alliance LLC now owns 2,644 shares of the scientific and technical instruments company's stock worth $384,000 after purchasing an additional 114 shares in the last quarter. OLD National Bancorp IN grew its holdings in Allegion by 6.2% during the first quarter. OLD National Bancorp IN now owns 1,973 shares of the scientific and technical instruments company's stock worth $287,000 after buying an additional 116 shares in the last quarter. Allworth Financial LP raised its position in 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 buying an additional 119 shares during the last quarter. Turtle Creek Wealth Advisors LLC grew its stake in shares of Allegion by 7.9% in the 1st quarter. Turtle Creek Wealth Advisors LLC now owns 1,831 shares of the scientific and technical instruments company's stock worth $266,000 after acquiring an additional 134 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in Allegion by 6.5% during the second quarter. NewEdge Advisors LLC now owns 2,274 shares of the scientific and technical instruments company's stock worth $319,000 after purchasing an additional 138 shares during the last quarter. Institutional investors and hedge funds own 92.21% of the company's stock.

Insiders Place Their Bets

In other Allegion news, SVP Vincent Wenos sold 1,000 shares of Allegion stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $168.25, for a total transaction 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. 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 this hyperlink. Also, CFO Michael J. Wagnes sold 3,184 shares of the business's stock in a transaction that occurred on Thursday, July 23rd. The stock was sold at an average price of $150.98, for a total transaction of $480,720.32. Following the completion of the transaction, the chief financial officer directly owned 31,299 shares of the company's stock, valued at approximately $4,725,523.02. This represents a 9.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 11,288 shares of company stock worth $1,764,593. 0.64% of the stock is owned by corporate insiders.

Allegion Price Performance

Shares of NYSE:ALLE opened at $153.75 on Tuesday. The company has a 50-day moving average price of $158.33 and a two-hundred day moving average price of $145.10. Allegion PLC has a twelve month low of $125.00 and a twelve month high of $183.11. The company has a quick ratio of 1.23, a current ratio of 1.93 and a debt-to-equity ratio of 0.96. The firm has a market capitalization of $13.07 billion, a PE ratio of 20.18, a P/E/G ratio of 3.14 and a beta of 0.81.

Allegion (NYSE:ALLE - Get Free Report) last issued its earnings results on Thursday, July 23rd. The scientific and technical instruments company reported $2.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.22 by $0.18. The business had revenue of $1.15 billion for the quarter, compared to analysts' expectations of $1.12 billion. Allegion had a net margin of 15.36% and a return on equity of 35.41%. The business's revenue for the quarter was up 12.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.04 EPS. Allegion has set its FY 2026 guidance at 8.850-9.000 EPS. Equities analysts forecast that Allegion PLC will post 8.93 EPS for the current 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. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $2.20 annualized dividend and a dividend yield of 1.4%. Allegion's dividend payout ratio is presently 28.87%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Evercore reaffirmed an "outperform" rating and issued a $180.00 price objective on shares of Allegion in a research report on Tuesday, September 22nd. Weiss Ratings raised Allegion from a "hold (c)" rating to a "hold (c+)" rating in a research report on Tuesday, August 4th. Longbow Research upgraded Allegion from a "neutral" rating to a "buy" rating and set a $165.00 price objective for the company in a research note on Thursday, June 11th. JPMorgan Chase & Co. boosted their price target on shares of Allegion from $150.00 to $170.00 and gave the stock a "neutral" rating in a report on Friday, July 24th. Finally, Robert W. Baird set a $170.00 price objective on shares of Allegion in a report on Friday, July 24th. Two investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, Allegion currently has a consensus rating of "Hold" and an average target price of $162.50.

About Allegion

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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