Zacks Research Has Bullish Estimate for Allegion Q2 Earnings

Allegion plc (NYSE:ALLE - Free Report) - Equities research analysts at Zacks Research increased their Q2 2025 earnings per share estimates for shares of Allegion in a report issued on Tuesday, June 3rd. Zacks Research analyst R. Department now expects that the scientific and technical instruments company will earn $1.96 per share for the quarter, up from their previous estimate of $1.95. The consensus estimate for Allegion's current full-year earnings is $7.77 per share. Zacks Research also issued estimates for Allegion's FY2025 earnings at $7.74 EPS, Q1 2026 earnings at $1.80 EPS, Q2 2026 earnings at $1.96 EPS and FY2026 earnings at $8.03 EPS.

Several other equities analysts have also commented on the stock. Morgan Stanley increased their target price on shares of Allegion from $137.00 to $139.00 and gave the company an "equal weight" rating in a report on Wednesday, February 19th. Wall Street Zen cut Allegion from a "buy" rating to a "hold" rating in a research note on Friday, March 7th. Wells Fargo & Company decreased their price objective on Allegion from $140.00 to $135.00 and set an "equal weight" rating on the stock in a report on Wednesday, February 19th. Barclays increased their target price on Allegion from $126.00 to $128.00 and gave the company an "underweight" rating in a report on Friday, April 25th. Finally, Robert W. Baird lifted their price target on Allegion from $144.00 to $150.00 and gave the stock a "neutral" rating in a research note on Friday, April 25th. One analyst has rated the stock with a sell rating and five have given a hold rating to the company. According to MarketBeat.com, Allegion currently has an average rating of "Hold" and a consensus target price of $140.40.

Allegion Price Performance

NYSE ALLE traded up $1.00 on Thursday, reaching $139.23. 737,728 shares of the company's stock traded hands, compared to its average volume of 863,892. The stock has a market cap of $11.98 billion, a PE ratio of 20.41, a P/E/G ratio of 3.97 and a beta of 1.02. Allegion has a 12 month low of $113.27 and a 12 month high of $156.10. The stock has a 50-day simple moving average of $134.95 and a 200 day simple moving average of $133.13. The company has a debt-to-equity ratio of 1.32, a current ratio of 2.04 and a quick ratio of 1.43.

Allegion (NYSE:ALLE - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The scientific and technical instruments company reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.68 by $0.18. The firm had revenue of $941.90 million during the quarter, compared to analyst estimates of $918.53 million. Allegion had a return on equity of 45.12% and a net margin of 15.84%. The company's revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.55 earnings per share.

Institutional Investors Weigh In On Allegion

Several hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in Allegion by 0.5% during the first quarter. Vanguard Group Inc. now owns 10,767,073 shares of the scientific and technical instruments company's stock valued at $1,404,672,000 after buying an additional 48,615 shares during the period. Kayne Anderson Rudnick Investment Management LLC boosted its stake in Allegion by 22.5% during the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,776,203 shares of the scientific and technical instruments company's stock worth $623,104,000 after acquiring an additional 878,796 shares in the last quarter. Boston Partners grew its holdings in Allegion by 0.8% in the first quarter. Boston Partners now owns 4,752,391 shares of the scientific and technical instruments company's stock worth $619,700,000 after purchasing an additional 35,635 shares during the period. Van ECK Associates Corp increased its stake in shares of Allegion by 8.1% during the fourth quarter. Van ECK Associates Corp now owns 3,436,127 shares of the scientific and technical instruments company's stock valued at $449,033,000 after purchasing an additional 257,175 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of Allegion by 2.0% in the 4th quarter. Geode Capital Management LLC now owns 2,152,831 shares of the scientific and technical instruments company's stock worth $280,607,000 after purchasing an additional 41,417 shares in the last quarter. 92.21% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Allegion news, SVP Tracy L. Kemp sold 2,032 shares of Allegion stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $126.74, for a total transaction of $257,535.68. Following the sale, the senior vice president now directly owns 10,273 shares of the company's stock, valued at approximately $1,302,000.02. The trade was a 16.51% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.23% of the company's stock.

Allegion Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be issued a $0.51 dividend. The ex-dividend date is Friday, June 13th. This represents a $2.04 annualized dividend and a yield of 1.47%. Allegion's dividend payout ratio (DPR) is presently 28.65%.

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.