Allegion (NYSE:ALLE) Releases FY 2026 Earnings Guidance

Key Points

• Allegion issued FY 2026 guidance above analyst expectations: The company forecast earnings per share of $9.05–$9.10 and revenue of $4.5 billion, compared with consensus estimates of $8.96 and $4.4 billion, respectively.
• Third-quarter results beat estimates: Allegion reported EPS of $2.60 versus the $2.50 consensus and revenue of $1.17 billion versus $1.14 billion, with revenue rising 9.6% year over year.
• Analyst sentiment remains favorable: Bank of America upgraded Allegion to “buy” and raised its price target to $200, while the broader analyst consensus is “Moderate Buy” with an average target of $172.11.

Allegion (NYSE:ALLE - Get Free Report) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided earnings per share guidance of 9.050-9.100 for the period, compared to the consensus earnings per share estimate of 8.960. The company issued revenue guidance of $4.5 billion, compared to the consensus revenue estimate of $4.4 billion.

Allegion Stock Down 0.2%

Shares of ALLE stock traded down $0.35 during trading on Friday, reaching $176.17. The company's stock had a trading volume of 230,989 shares, compared to its average volume of 1,093,273. The company has a market cap of $14.98 billion, a price-to-earnings ratio of 23.18, a price-to-earnings-growth ratio of 3.23 and a beta of 0.81. Allegion has a one year low of $125.00 and a one year high of $183.11. The business has a fifty day moving average price of $156.04 and a 200-day moving average price of $146.13. The company has a quick ratio of 1.23, a current ratio of 1.93 and a debt-to-equity ratio of 0.96.

Allegion (NYSE:ALLE - Get Free Report) last posted its quarterly earnings results on Thursday, October 22nd. The scientific and technical instruments company reported $2.60 earnings per share for the quarter, beating analysts' consensus estimates of $2.50 by $0.10. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.14 billion. Allegion had a return on equity of 35.41% and a net margin of 15.36%. The business's revenue was up 9.6% compared to the same quarter last year. During the same period last year, the company earned $2.30 earnings per share. Analysts anticipate that Allegion will post 8.94 earnings per share for the current year.

Allegion Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were issued a dividend of $0.55 per share. The ex-dividend date was Tuesday, September 15th. This represents a $2.20 dividend on an annualized basis and a yield of 1.2%. Allegion's dividend payout ratio (DPR) is presently 28.87%.

Analyst Upgrades and Downgrades

ALLE has been the topic of a number of recent analyst reports. Weiss Ratings raised Allegion from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Thursday, October 8th. JPMorgan Chase & Co. upped their price objective on Allegion from $150.00 to $170.00 and gave the company a "neutral" rating in a research note on Friday, July 24th. Evercore reiterated an "outperform" rating and set a $180.00 target price on shares of Allegion in a research note on Tuesday, September 22nd. Robert W. Baird set a $196.00 target price on Allegion in a report on Friday. Finally, Bank of America raised Allegion from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $164.00 to $200.00 in a report on Friday. Four research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $172.11.

Insider Transactions at Allegion

In other news, SVP Timothy P. Eckersley sold 6,417 shares of Allegion stock in a transaction that occurred on Monday, July 27th. The shares were 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 directly owned 29,919 shares in the company, valued at approximately $4,705,061.94. The trade was a 17.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Steven Mizell purchased 170 shares of the business's stock in a transaction that occurred on Friday, August 28th. The stock was bought at an average price of $158.28 per share, with a total value of $26,907.60. Following the completion of the purchase, the director owned 5,899 shares of the company's stock, valued at $933,693.72. This trade represents a 2.97% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 0.64% of the company's stock.

Allegion News Roundup

Here are the key news stories impacting Allegion this week:

• Positive Sentiment: Q3 results exceeded expectations: Allegion reported adjusted earnings of $2.60 per share, ahead of the approximately $2.50 consensus estimate, while revenue rose 9.6% year over year to $1.17 billion versus expectations of $1.14 billion. Earnings increased from $2.30 per share in the prior-year quarter. Allegion Q3 Earnings and Revenues Beat Estimates
• Positive Sentiment: Full-year guidance was raised: Management increased its 2026 reported revenue-growth outlook to 9.5%–10.5% and lifted adjusted EPS guidance to $9.05–$9.10, signaling continued confidence in demand and operating performance. Allegion Raises 2026 Adjusted EPS Outlook
• Positive Sentiment: Americas business remains a key growth driver: Americas non-residential organic revenue grew at a low-double-digit rate in the quarter, with management citing steady momentum and margin expansion. Allegion: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Bank of America upgraded the stock: The firm raised Allegion from “neutral” to “buy” and increased its price target from $164 to $200, providing additional support for investor sentiment. Bank of America Upgrades Allegion
• Negative Sentiment: International weakness remains a risk: Analysts noted that overseas markets continued to lag the Americas, which could limit growth if regional softness persists.

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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