Robeco Institutional Asset Management B.V. Raises Stock Position in Allegion PLC $ALLE

Key Points

• Robeco Institutional Asset Management increased its stake in Allegion by 7.6% in Q4, buying 44,601 shares to hold 630,936 shares (about 0.73%) valued at roughly $100,458,000.
• Allegion missed Q4 estimates with EPS of $1.94 vs. $2.01 and revenue of $1.03B vs. $1.04B, but set FY2026 guidance of 8.70–8.90 EPS and raised its quarterly dividend to $0.55 (annual $2.20, yield 1.5%).
• Institutional ownership is very high at 92.21%, and recent insider activity included Director Sue Main buying 2,000 shares while Director Steven Mizell sold 1,000 shares.

Robeco Institutional Asset Management B.V. grew its holdings in Allegion PLC (NYSE:ALLE - Free Report) by 7.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 630,936 shares of the scientific and technical instruments company's stock after buying an additional 44,601 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.73% of Allegion worth $100,458,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in ALLE. Forvis Mazars Wealth Advisors LLC purchased a new position in shares of Allegion during the 3rd quarter worth about $2,838,000. Burney Co. purchased a new position in shares of Allegion during the 3rd quarter worth about $9,297,000. Fusion Capital LLC purchased a new position in shares of Allegion during the 3rd quarter worth about $4,406,000. Massachusetts Financial Services Co. MA boosted its stake in shares of Allegion by 5.1% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,356,869 shares of the scientific and technical instruments company's stock worth $417,991,000 after purchasing an additional 113,821 shares during the period. Finally, National Pension Service boosted its stake in shares of Allegion by 449.4% during the 3rd quarter. National Pension Service now owns 7,785 shares of the scientific and technical instruments company's stock worth $1,381,000 after purchasing an additional 6,368 shares during the period. 92.21% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Allegion news, Director Sue Main purchased 2,000 shares of Allegion stock in a transaction dated Wednesday, March 11th. The stock was acquired at an average price of $149.61 per share, for a total transaction of $299,220.00. Following the acquisition, the director owned 2,000 shares in the company, valued at $299,220. This trade represents a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Steven Mizell sold 1,000 shares of the business's stock in a transaction dated 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 owned 4,915 shares of the company's stock, valued at approximately $793,821.65. This represents a 16.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.23% of the stock is owned by insiders.

Allegion Price Performance

Allegion stock opened at $144.51 on Monday. The stock has a market cap of $12.45 billion, a price-to-earnings ratio of 19.42, a price-to-earnings-growth ratio of 3.13 and a beta of 1.02. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.84 and a quick ratio of 1.16. Allegion PLC has a 1 year low of $120.36 and a 1 year high of $183.11. The firm has a 50-day moving average of $155.49 and a two-hundred day moving average of $162.46.

Allegion (NYSE:ALLE - Get Free Report) last released its quarterly earnings data on Tuesday, February 17th. The scientific and technical instruments company reported $1.94 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.01 by ($0.07). The company had revenue of $1.03 billion during the quarter, compared to analysts' expectations of $1.04 billion. Allegion had a net margin of 15.83% and a return on equity of 38.06%. Allegion's quarterly revenue was up 9.3% on a year-over-year basis. During the same period last year, the firm earned $1.86 earnings per share. Allegion has set its FY 2026 guidance at 8.700-8.900 EPS. On average, research analysts forecast that Allegion PLC will post 7.77 earnings per share for the current year.

Allegion Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th were given a $0.55 dividend. This is a positive change from Allegion's previous quarterly dividend of $0.51. The ex-dividend date of this dividend was Friday, March 13th. This represents a $2.20 annualized dividend and a yield of 1.5%. Allegion's dividend payout ratio is presently 29.57%.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Allegion in a research note on Wednesday, January 21st. JPMorgan Chase & Co. dropped their price target on shares of Allegion from $190.00 to $180.00 and set an "overweight" rating for the company in a research note on Wednesday, February 18th. Barclays dropped their price target on shares of Allegion from $176.00 to $165.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 1st. Finally, Wells Fargo & Company dropped their price target on shares of Allegion from $175.00 to $155.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 1st. Three investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $171.13.

Allegion Company Profile

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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