Zacks Research Has Pessimistic View of Allegion Q4 Earnings

Key Points

• Zacks Research trimmed its Q4 2026 EPS estimate for Allegion to $2.19 (from $2.23) and made a small cut to Q1 2026, but also raised medium‑term forecasts—lifting FY2026 to about $8.71 and projecting higher FY2027–FY2028 estimates.
• Several brokers have lowered price targets (JPMorgan to $180, Barclays to $176) and MarketBeat shows an average analyst rating of Hold with a mean price target of $175.
• Allegion recently missed quarterly expectations (Q4 EPS $1.94 vs. $2.01; revenue slightly below estimates), set FY2026 guidance of $8.70–$8.90, and raised its quarterly dividend to $0.55.

Allegion PLC (NYSE:ALLE - Free Report) - Equities research analysts at Zacks Research lowered their Q4 2026 EPS estimates for shares of Allegion in a report issued on Tuesday, March 10th. Zacks Research analyst Team now expects that the scientific and technical instruments company will post earnings per share of $2.19 for the quarter, down from their prior forecast of $2.23. The consensus estimate for Allegion's current full-year earnings is $7.77 per share.

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

Allegion Stock Performance

Allegion stock opened at $146.60 on Thursday. Allegion has a fifty-two week low of $116.57 and a fifty-two week high of $183.11. The company has a market capitalization of $12.63 billion, a price-to-earnings ratio of 19.70, a PEG ratio of 3.19 and a beta of 1.03. The stock has a fifty day moving average of $164.07 and a two-hundred day moving average of $167.04. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.16 and a current ratio of 1.84.

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

Institutional Trading of Allegion

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ALLE. Westside Investment Management Inc. lifted its holdings in shares of Allegion by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 140 shares of the scientific and technical instruments company's stock worth $25,000 after acquiring an additional 70 shares during the period. Pinnacle Bancorp Inc. increased its position in Allegion by 255.6% during the fourth quarter. Pinnacle Bancorp Inc. now owns 160 shares of the scientific and technical instruments company's stock worth $25,000 after purchasing an additional 115 shares during the last quarter. First Horizon Corp acquired a new position in Allegion during the third quarter worth approximately $26,000. Hantz Financial Services Inc. raised its stake in Allegion by 120.9% during the third quarter. Hantz Financial Services Inc. now owns 148 shares of the scientific and technical instruments company's stock worth $26,000 after purchasing an additional 81 shares during the period. Finally, Atlantic Union Bankshares Corp purchased a new position in Allegion during the third quarter worth approximately $29,000. Hedge funds and other institutional investors own 92.21% of the company's stock.

Insider Buying and Selling

In related news, Director Steven Mizell sold 1,000 shares of the stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $161.51, for a total transaction of $161,510.00. Following the transaction, the director directly owned 4,915 shares in the company, valued at approximately $793,821.65. This represents a 16.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.23% of the company's stock.

Allegion Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be paid a $0.55 dividend. The ex-dividend date is Friday, March 13th. This is an increase from Allegion's previous quarterly dividend of $0.51. This represents a $2.20 annualized dividend and a yield of 1.5%. Allegion's payout ratio is currently 27.42%.

Allegion News Summary

Here are the key news stories impacting Allegion this week:

• Positive Sentiment: Zacks Research raised multiple near- and medium-term EPS estimates for Allegion, lifting FY2026 to $8.71, FY2027 to $9.00 and FY2028 to $9.95, and increasing several quarterly forecasts (Q2–Q4 2026 and multiple 2027 quarters). That raises expectations for future profitability and provides a positive earnings-revision catalyst. Zacks Research Estimates
• Neutral Sentiment: Allegion’s CFO, Mike Wagnes, will present the company’s long-term strategy at the J.P. Morgan Industrials Conference on March 18; the live listen-only webcast is available via Allegion’s investor site. The presentation is a potential catalyst if management provides clearer visibility or guidance updates, but by itself is informational. Conference Announcement
• Negative Sentiment: Within Zacks’ note there was a small downward revision to Q1 2026 EPS (from $1.92 to $1.89). It’s a modest cut, but could temper near-term sentiment if investors focus on next-quarter momentum. Q1 2026 Revision

Allegion Company Profile

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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