Swiss National Bank Lowers Stake in Allegion PLC $ALLE

Key Points

• Swiss National Bank trimmed its stake in Allegion by 5.2% to 248,000 shares (about $43.98M), leaving it with roughly 0.29% of the company.
• Berkshire Hathaway established a new position in Allegion worth about $112.4M, and institutional investors now own approximately 92.21% of the stock.
• Allegion reported a quarterly EPS miss ($1.94 vs. $2.01), set FY2026 guidance at $8.70–$8.90, and raised its quarterly dividend to $0.55 (annualized $2.20, ~1.5% yield).

Swiss National Bank reduced its position in Allegion PLC (NYSE:ALLE - Free Report) by 5.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 248,000 shares of the scientific and technical instruments company's stock after selling 13,600 shares during the quarter. Swiss National Bank owned approximately 0.29% of Allegion worth $43,983,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. State Street Corp lifted its stake in shares of Allegion by 0.8% during the 2nd quarter. State Street Corp now owns 3,971,235 shares of the scientific and technical instruments company's stock valued at $572,336,000 after buying an additional 31,322 shares in the last quarter. Geode Capital Management LLC increased its stake in Allegion by 15.2% in the 2nd quarter. Geode Capital Management LLC now owns 2,573,193 shares of the scientific and technical instruments company's stock worth $369,514,000 after buying an additional 339,025 shares in the last quarter. Massachusetts Financial Services Co. MA raised its holdings in Allegion by 5.1% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,356,869 shares of the scientific and technical instruments company's stock valued at $417,991,000 after acquiring an additional 113,821 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Allegion by 7.7% in the third quarter. JPMorgan Chase & Co. now owns 942,212 shares of the scientific and technical instruments company's stock valued at $167,104,000 after acquiring an additional 67,074 shares in the last quarter. Finally, Berkshire Hathaway Inc purchased a new position in shares of Allegion in the second quarter valued at about $112,433,000. 92.21% of the stock is owned by hedge funds and other institutional investors.

Allegion Trading Down 0.6%

Shares of Allegion stock opened at $145.77 on Friday. The firm has a market cap of $12.56 billion, a price-to-earnings ratio of 19.59, a PEG ratio of 3.17 and a beta of 1.03. The business has a 50-day moving average price of $163.80 and a 200-day moving average price of $166.89. The company has a quick ratio of 1.16, a current ratio of 1.84 and a debt-to-equity ratio of 0.96. Allegion PLC has a twelve month low of $116.57 and a twelve month high of $183.11.

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

Allegion Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be issued a dividend of $0.55 per share. This is a positive change from Allegion's previous quarterly dividend of $0.51. The ex-dividend date of this dividend is Friday, March 13th. This represents a $2.20 annualized dividend and a dividend yield of 1.5%. Allegion's payout ratio is currently 27.42%.

Insider Buying and Selling

In other Allegion news, Director Sue Main purchased 2,000 shares of the firm's stock in a transaction that occurred on Wednesday, March 11th. The shares were bought 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 directly owned 2,000 shares in the company, valued at $299,220. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Steven Mizell sold 1,000 shares of the stock in a transaction 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 transaction, the director owned 4,915 shares of the company's stock, valued at $793,821.65. This trade represents a 16.91% decrease in their position. The SEC filing for this sale provides additional information. 0.23% of the stock is currently owned by corporate insiders.

Key Stories Impacting Allegion

Here are the key news stories impacting Allegion this week:

• Positive Sentiment: Director Sue Main bought 2,000 shares (~$149.61 each), a direct insider purchase that can be interpreted as management confidence in the business. SEC Form 4
• Positive Sentiment: Zacks Research issued a series of upward revisions to Allegion’s medium- to long‑term outlook (multiple quarter raises and FY2026, FY2027 and FY2028 increases — FY2026 to ~$8.71, FY2027 to ~$9.00, FY2028 to ~$9.95). These lifts suggest analysts see stronger underlying earnings power beyond the near term.
• Positive Sentiment: Allegion’s CFO will present at the 2026 J.P. Morgan Industrials Conference (Mar 18), giving management a forum to outline strategy and interact with institutional investors. Allegion to Attend 2026 J.P. Morgan Industrials Conference
• Positive Sentiment: Allegion was featured in a Forbes piece highlighting companies growing dividends, which may attract income-focused investors. 2 Stocks Using Market Chaos To Grow Their Dividends
• Negative Sentiment: Zacks trimmed some near-term estimates — notably Q4 2026 EPS to $2.19 (from $2.23) and reduced Q1 2026 — indicating modest near-term pressure on results that can weigh on sentiment.
• Negative Sentiment: MSN ran a negative-themed piece (“3 reasons to sell ALLE…”) which can amplify short-term selling pressure from retail investors. 3 reasons to sell ALLE and 1 stock to buy instead

Wall Street Analyst Weigh In

Several research firms recently issued reports on ALLE. Barclays cut their target price on Allegion from $180.00 to $176.00 and set an "equal weight" rating for the company in a research report on Monday, February 23rd. JPMorgan Chase & Co. lowered their price target on Allegion from $190.00 to $180.00 and set an "overweight" rating on the stock in a report on Wednesday, February 18th. Wells Fargo & Company restated a "positive" rating on shares of Allegion in a research note on Tuesday, December 16th. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of Allegion in a report on Wednesday, January 21st. Three research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $175.00.

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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