PFA Pension Forsikringsaktieselskab Takes Position in Allegion PLC $ALLE

Key Points

• PFA Pension acquired a new stake of 11,517 Allegion shares in Q4, valued at about $1.856 million.
• Allegion approved a $500 million share repurchase (up to ~3.9% of shares) and declared a quarterly dividend of $0.55 per share (1.7% yield; ex-dividend June 15).
• The company missed quarterly EPS ($1.80 vs. $1.88 expected) despite revenue rising 9.7% YoY, set FY2026 guidance of $8.70–$8.90 EPS, and carries a consensus analyst rating of Hold with a $164 target.

PFA Pension Forsikringsaktieselskab acquired a new stake in Allegion PLC (NYSE:ALLE - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 11,517 shares of the scientific and technical instruments company's stock, valued at approximately $1,856,000.

A number of other institutional investors have also modified their holdings of the company. MassMutual Private Wealth & Trust FSB grew its holdings in Allegion by 16.5% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 424 shares of the scientific and technical instruments company's stock valued at $75,000 after purchasing an additional 60 shares during the period. Diversify Advisory Services LLC grew its holdings in Allegion by 2.7% in the third quarter. Diversify Advisory Services LLC now owns 2,308 shares of the scientific and technical instruments company's stock valued at $380,000 after purchasing an additional 60 shares during the period. D.A. Davidson & CO. grew its holdings in Allegion by 4.1% in the fourth quarter. D.A. Davidson & CO. now owns 1,612 shares of the scientific and technical instruments company's stock valued at $257,000 after purchasing an additional 63 shares during the period. Banque de Luxembourg S.A. grew its holdings in Allegion by 0.3% in the fourth quarter. Banque de Luxembourg S.A. now owns 22,294 shares of the scientific and technical instruments company's stock valued at $3,550,000 after purchasing an additional 65 shares during the period. Finally, Fulton Bank N.A. grew its holdings in Allegion by 4.5% in the third quarter. Fulton Bank N.A. now owns 1,529 shares of the scientific and technical instruments company's stock valued at $271,000 after purchasing an additional 66 shares during the period. Institutional investors and hedge funds own 92.21% of the company's stock.

Insider Activity at Allegion

In other Allegion news, Director Steven Mizell sold 1,000 shares of the business's stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $161.51, for a total transaction of $161,510.00. Following the completion of the sale, the director directly owned 4,915 shares in the company, valued at $793,821.65. The trade was a 16.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Sue Main acquired 2,000 shares of the firm's stock in a transaction on Wednesday, March 11th. The shares were acquired at an average price of $149.61 per share, with a total value of $299,220.00. Following the completion of the purchase, the director owned 2,000 shares of the company's stock, valued at $299,220. This trade represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.64% of the stock is owned by insiders.

Allegion Price Performance

ALLE opened at $132.46 on Tuesday. The company has a quick ratio of 1.19, a current ratio of 1.91 and a debt-to-equity ratio of 0.97. Allegion PLC has a 52-week low of $131.22 and a 52-week high of $183.11. The company has a 50 day moving average of $147.28 and a two-hundred day moving average of $159.28. The company has a market cap of $11.38 billion, a P/E ratio of 18.10, a P/E/G ratio of 2.82 and a beta of 0.89.

Allegion (NYSE:ALLE - Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The scientific and technical instruments company reported $1.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.88 by ($0.08). Allegion had a return on equity of 35.41% and a net margin of 15.24%.The business had revenue of $1.03 billion for the quarter, compared to analysts' expectations of $1.03 billion. During the same quarter in the prior year, the firm earned $1.86 earnings per share. Allegion's quarterly revenue was up 9.7% compared to the same quarter last year. Allegion has set its FY 2026 guidance at 8.700-8.900 EPS. On average, analysts expect that Allegion PLC will post 8.73 earnings per share for the current year.

Allegion declared that its board has approved a share repurchase program on Tuesday, April 28th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the scientific and technical instruments company to repurchase up to 3.9% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's management believes its stock is undervalued.

Allegion Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be paid a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 1.7%. The ex-dividend date is Monday, June 15th. Allegion's payout ratio is currently 30.05%.

Analyst Upgrades and Downgrades

ALLE has been the subject of a number of recent analyst reports. Evercore upgraded shares of Allegion to a "strong-buy" rating in a report on Monday, April 13th. Barclays lowered their target price on shares of Allegion from $165.00 to $161.00 and set an "equal weight" rating for the company in a report on Wednesday, April 29th. JPMorgan Chase & Co. lowered their target price on shares of Allegion from $180.00 to $170.00 and set an "overweight" rating for the company in a report on Wednesday, April 29th. Bank of America lowered their target price on shares of Allegion from $185.00 to $157.00 and set a "neutral" rating for the company in a report on Monday, April 20th. Finally, Weiss Ratings downgraded shares of Allegion from a "buy (b-)" rating to a "hold (c+)" rating in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $164.00.

About Allegion

Allegion plc NYSE: ALLE is a global provider of security products and solutions focused on ensuring the safety and security of people and property. The company was formed in December 2013 through a corporate spin-off from Ingersoll Rand and is head­quartered in Dublin, Ireland. Allegion's core mission is to deliver innovative mechanical and electronic access control systems for a wide range of end markets, including commercial buildings, residential properties, institutional facilities, and industrial sites.

The company's product portfolio spans mechanical locksets, door closers, exit devices, key systems and cylinders, as well as a growing suite of electronic and smart access control offerings.

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