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

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 Trading Up 1.2%

Allegion stock traded up $2.03 during trading hours on Tuesday, hitting $171.85. The company had a trading volume of 1,278,942 shares, compared to its average volume of 870,412. The firm has a market cap of $14.75 billion, a P/E ratio of 23.87, a P/E/G ratio of 3.65 and a beta of 1.05. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.64 and a current ratio of 2.30. Allegion PLC has a 1 year low of $116.57 and a 1 year high of $172.66. The company has a 50-day moving average price of $156.28 and a two-hundred day moving average price of $140.94.

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, beating the consensus estimate of $2.00 by $0.04. The company had revenue of $1.02 billion during the quarter, compared to analysts' expectations of $999.10 million. Allegion had a net margin of 16.15% and a return on equity of 42.62%. The firm's quarterly revenue was up 5.8% on a year-over-year basis. During the same period in the previous year, the company earned $1.96 EPS. Allegion has set its FY 2025 guidance at 8.000-8.150 EPS. On average, sell-side analysts anticipate that Allegion PLC will post 7.77 earnings per share for the current year.

Analyst Ratings Changes

ALLE has been the subject of several research reports. Wells Fargo & Company boosted their price objective on shares of Allegion from $150.00 to $175.00 and gave the company an "equal weight" rating in a research report on Friday, July 25th. JPMorgan Chase & Co. assumed coverage on shares of Allegion in a research report on Tuesday, June 24th. They issued an "overweight" rating and a $170.00 price target for the company. The Goldman Sachs Group upped their price target on shares of Allegion from $149.00 to $170.00 and gave the stock a "buy" rating in a research report on Tuesday, July 8th. Morgan Stanley upped their price target on shares of Allegion from $139.00 to $151.00 and gave the stock an "equal weight" rating in a research report on Friday, July 11th. Finally, Bank of America raised shares of Allegion from an "underperform" rating to a "neutral" rating and upped their price target for the stock from $110.00 to $175.00 in a research report on Tuesday, July 29th. Two research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $166.75.

Insider Buying and Selling

In other Allegion news, SVP Tracy L. Kemp sold 3,849 shares of the company's stock in a transaction that occurred on Friday, July 25th. The shares were sold at an average price of $164.92, for a total transaction of $634,777.08. Following the transaction, the senior vice president owned 8,773 shares in the company, valued at approximately $1,446,843.16. This represents a 30.49% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Timothy P. Eckersley sold 10,810 shares of the company's stock in a transaction that occurred on Thursday, August 7th. The shares were sold at an average price of $164.76, for a total transaction of $1,781,055.60. Following 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 disclosure for this sale can be found here. Corporate insiders own 0.23% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of ALLE. Wayfinding Financial LLC acquired a new position in Allegion during the 1st quarter valued at approximately $30,000. Sound Income Strategies LLC acquired a new position in Allegion during the 2nd quarter valued at approximately $32,000. Colonial Trust Co SC increased its stake in Allegion by 192.9% during the 4th quarter. Colonial Trust Co SC now owns 249 shares of the scientific and technical instruments company's stock valued at $33,000 after purchasing an additional 164 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new position in Allegion during the 2nd quarter valued at approximately $33,000. Finally, Spire Wealth Management increased its stake in Allegion by 78.0% during the 2nd quarter. Spire Wealth Management now owns 235 shares of the scientific and technical instruments company's stock valued at $34,000 after purchasing an additional 103 shares in the last quarter. Institutional investors and hedge funds own 92.21% of the company's stock.

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.

About Allegion

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.