Rep. Lisa C. McClain Buys Allegion PLC (NYSE:ALLE) Shares

Key Points

• Representative Lisa C. McClain purchased shares of Allegion PLC (NYSE:ALLE), investing between $1,001 and $15,000 on June 17th.
• Allegion recently posted earnings that exceeded expectations, reporting $2.04 EPS against a consensus of $2.00, with revenue reaching $1.02 billion.
• Several analysts have raised their price targets for Allegion, with Barclays increasing its target from $156 to $163 and Robert W. Baird setting a new target of $175.

Representative Lisa C. McClain (R-Michigan) recently bought shares of Allegion PLC NYSE: ALLE. In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Allegion stock on June 17th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Allegion Stock Performance

Shares of Allegion stock traded down $1.8650 during trading hours on Monday, hitting $170.3750. 228,966 shares of the company were exchanged, compared to its average volume of 974,134. Allegion PLC has a 1 year low of $116.57 and a 1 year high of $172.66. The company has a current ratio of 2.30, a quick ratio of 1.64 and a debt-to-equity ratio of 1.14. The business has a 50-day moving average of $154.89 and a 200-day moving average of $140.44. The stock has a market capitalization of $14.63 billion, a price-to-earnings ratio of 23.68, a P/E/G ratio of 3.71 and a beta of 1.05.

Allegion (NYSE:ALLE - Get Free Report) last released its quarterly earnings data on Thursday, July 24th. The scientific and technical instruments company reported $2.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.00 by $0.04. The firm had revenue of $1.02 billion during the quarter, compared to analysts' expectations of $999.10 million. Allegion had a return on equity of 42.62% and a net margin of 16.15%.Allegion's revenue was up 5.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.96 earnings per share. Allegion has set its FY 2025 guidance at 8.000-8.150 EPS. As a group, analysts expect that Allegion PLC will post 7.77 EPS for the current fiscal year.

Insider Activity at Allegion

In related news, SVP Timothy P. Eckersley sold 10,810 shares of the business's stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $164.76, for a total transaction of $1,781,055.60. Following the completion of the transaction, the senior vice president owned 30,023 shares in the company, valued at $4,946,589.48. The trade was a 26.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Tracy L. Kemp sold 3,849 shares of the business's stock in a transaction on Friday, July 25th. The stock was sold at an average price of $164.92, for a total value of $634,777.08. Following the transaction, the senior vice president owned 8,773 shares of the company's stock, valued at $1,446,843.16. This trade represents a 30.49% decrease in their position. The disclosure for this sale can be found here. 0.23% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on ALLE shares. JPMorgan Chase & Co. started coverage on Allegion in a research report on Tuesday, June 24th. They issued an "overweight" rating and a $170.00 price target for the company. Wells Fargo & Company raised their price target on Allegion from $150.00 to $175.00 and gave the company an "equal weight" rating in a research report on Friday, July 25th. Mizuho increased their price objective on Allegion from $145.00 to $155.00 and gave the company a "neutral" rating in a research note on Friday, July 25th. Barclays upgraded shares of Allegion from an "underweight" rating to an "equal weight" rating and upped their target price for the company from $156.00 to $163.00 in a report on Thursday, August 14th. Finally, Morgan Stanley upped their target price on shares of Allegion from $139.00 to $151.00 and gave the company an "equal weight" rating in a report on Friday, July 11th. Two analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, Allegion has an average rating of "Hold" and an average target price of $166.75.

Hedge Funds Weigh In On Allegion

Hedge funds and other institutional investors have recently modified their holdings of the company. Federated Hermes Inc. raised its holdings in shares of Allegion by 46.5% during the 4th quarter. Federated Hermes Inc. now owns 3,516 shares of the scientific and technical instruments company's stock valued at $459,000 after buying an additional 1,116 shares during the period. Treasurer of the State of North Carolina raised its holdings in shares of Allegion by 14.3% during the 4th quarter. Treasurer of the State of North Carolina now owns 47,223 shares of the scientific and technical instruments company's stock valued at $6,171,000 after buying an additional 5,893 shares during the period. Townsquare Capital LLC raised its holdings in shares of Allegion by 8.2% during the 4th quarter. Townsquare Capital LLC now owns 25,895 shares of the scientific and technical instruments company's stock valued at $3,384,000 after buying an additional 1,967 shares during the period. Sagespring Wealth Partners LLC purchased a new stake in Allegion during the 4th quarter worth approximately $259,000. Finally, Barclays PLC increased its holdings in Allegion by 25.8% during the 4th quarter. Barclays PLC now owns 326,938 shares of the scientific and technical instruments company's stock worth $42,724,000 after purchasing an additional 67,145 shares during the last quarter. 92.21% of the stock is owned by institutional investors and hedge funds.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

Allegion Company Profile

Allegion plc manufactures and sells mechanical and electronic security products and solutions worldwide. The company offers door controls and systems and exit devices; locks, locksets, portable locks, and key systems and services; electronic security products and access control systems; time, attendance, and workforce productivity systems; doors, accessories, and other.