Q3 Earnings Estimate for Allegion Issued By Zacks Research

Key Points

• Zacks Research raised Allegion’s Q3 2026 EPS estimate to $2.46 from $2.45 and projects full-year 2026 EPS of $8.90, with earnings expected to reach $10.31 by FY2028.
• Allegion recently exceeded quarterly expectations, reporting $2.40 EPS versus the $2.22 consensus and $1.15 billion in revenue, up 12.7% year over year; management reaffirmed FY2026 EPS guidance of $8.85–$9.00.
• Analyst sentiment remains cautious, with a consensus “Hold” rating and $164.75 target price, while insiders sold shares in the latest quarter; the company has also authorized a $500 million share-repurchase plan.

Allegion PLC (NYSE:ALLE - Free Report) - Equities researchers at Zacks Research boosted their Q3 2026 earnings per share (EPS) estimates for shares of Allegion in a report issued on Thursday, August 13th. Zacks Research analyst Team now expects that the scientific and technical instruments company will post earnings per share of $2.46 for the quarter, up from their previous forecast of $2.45. The consensus estimate for Allegion's current full-year earnings is $8.93 per share. Zacks Research also issued estimates for Allegion's FY2026 earnings at $8.90 EPS, Q1 2027 earnings at $2.05 EPS, Q2 2027 earnings at $2.44 EPS, Q3 2027 earnings at $2.54 EPS, Q4 2027 earnings at $2.40 EPS, FY2027 earnings at $9.44 EPS, Q1 2028 earnings at $2.24 EPS, Q2 2028 earnings at $2.61 EPS and FY2028 earnings at $10.31 EPS.

Several other equities research analysts also recently issued reports on ALLE. Robert W. Baird set a $170.00 price objective on shares of Allegion in a research report on Friday, July 24th. Longbow Research upgraded Allegion from a "neutral" rating to a "buy" rating and set a $165.00 target price on the stock in a research note on Thursday, June 11th. Bank of America dropped their price target on Allegion from $185.00 to $157.00 and set a "neutral" rating for the company in a report on Monday, April 20th. Weiss Ratings upgraded Allegion from a "hold (c)" rating to a "hold (c+)" rating in a research note on Tuesday, August 4th. Finally, Morgan Stanley reduced their price target on Allegion from $165.00 to $142.00 and set an "equal weight" rating for the company in a research note on Wednesday, June 3rd. One equities research 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 company's stock. Based on data from MarketBeat.com, Allegion has an average rating of "Hold" and a consensus target price of $164.75.

Allegion Stock Up 0.1%

Shares of ALLE opened at $166.21 on Friday. The firm has a market cap of $14.13 billion, a P/E ratio of 21.81, a price-to-earnings-growth ratio of 3.38 and a beta of 0.84. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.23 and a current ratio of 1.93. Allegion has a 52 week low of $125.00 and a 52 week high of $183.11. The firm's 50-day simple moving average is $144.22 and its 200 day simple moving average is $146.73.

Allegion (NYSE:ALLE - Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The scientific and technical instruments company reported $2.40 earnings per share for the quarter, beating the consensus estimate of $2.22 by $0.18. The company had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.12 billion. Allegion had a net margin of 15.36% and a return on equity of 35.41%. The company's revenue was up 12.7% on a year-over-year basis. During the same period in the prior year, the firm earned $2.04 earnings per share. Allegion has set its FY 2026 guidance at 8.850-9.000 EPS.

Institutional Investors Weigh In On Allegion

Institutional investors and hedge funds have recently bought and sold shares of the company. Oregon Public Employees Retirement Fund increased its holdings in Allegion by 0.6% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 9,817 shares of the scientific and technical instruments company's stock valued at $1,563,000 after buying an additional 59 shares during the period. Diversify Advisory Services LLC lifted its holdings in shares of Allegion by 2.7% during the 3rd quarter. Diversify Advisory Services LLC now owns 2,308 shares of the scientific and technical instruments company's stock worth $380,000 after acquiring an additional 60 shares during the period. D.A. Davidson & CO. lifted its holdings in shares of Allegion by 4.1% during the 4th quarter. D.A. Davidson & CO. now owns 1,612 shares of the scientific and technical instruments company's stock worth $257,000 after acquiring an additional 63 shares during the period. Hantz Financial Services Inc. boosted its position in shares of Allegion by 45.9% during the 4th quarter. Hantz Financial Services Inc. now owns 216 shares of the scientific and technical instruments company's stock worth $34,000 after acquiring an additional 68 shares in the last quarter. Finally, LRI Investments LLC boosted its position in shares of Allegion by 10.0% during the 4th quarter. LRI Investments LLC now owns 793 shares of the scientific and technical instruments company's stock worth $126,000 after acquiring an additional 72 shares in the last quarter. Institutional investors own 92.21% of the company's stock.

Insider Buying and Selling

In other Allegion news, SVP Vincent Wenos sold 1,000 shares of Allegion stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $168.25, for a total value of $168,250.00. Following the completion of the transaction, the senior vice president directly owned 12,096 shares of the company's stock, valued at $2,035,152. The trade was a 7.64% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Nickolas A. Musial sold 687 shares of Allegion stock in a transaction on Thursday, July 23rd. The shares were sold at an average price of $155.00, for a total value of $106,485.00. Following the completion of the transaction, the chief accounting officer directly owned 6,798 shares of the company's stock, valued at $1,053,690. This represents a 9.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 11,288 shares of company stock worth $1,764,593 in the last quarter. Insiders own 0.64% of the company's stock.

Allegion declared that its Board of Directors has initiated a share repurchase plan on Tuesday, April 28th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the scientific and technical instruments company to repurchase up to 3.9% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's board of directors believes its stock is undervalued.

Trending Headlines about Allegion

Here are the key news stories impacting Allegion this week:

• Positive Sentiment: Zacks Research raised Allegion’s profit forecasts across multiple periods. The firm increased its FY2026 EPS estimate to $8.90 from $8.72, FY2027 to $9.44 from $9.25, and FY2028 to $10.31 from $10.05. It also raised estimates for several quarterly periods, including Q3 2026 to $2.46 from $2.45, Q2 2027 to $2.44 from $2.36, Q3 2027 to $2.54 from $2.50, Q4 2027 to $2.40 from $2.35, and Q1 2028 to $2.24 from $2.16. The revisions indicate improving analyst expectations for Allegion’s earnings growth and provide a near-term bullish catalyst.
• Positive Sentiment: Longer-term earnings growth remains the key positive. Zacks’ FY2028 forecast of $10.31 EPS is above the current-year consensus estimate of $8.93, implying continued earnings expansion. Allegion also recently exceeded quarterly expectations, reporting $2.40 EPS versus the $2.22 consensus and revenue of $1.15 billion versus $1.12 billion, with revenue up 12.7% year over year.
• Neutral Sentiment: Allegion published an e-book on inclusive design beyond ADA compliance. The publication may reinforce the company’s focus on accessibility and product design, but it is unlikely to materially affect near-term financial results or investor sentiment. Allegion E-Book Examines Inclusive Design Beyond ADA Compliance

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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