Allegion (NYSE:ALLE) Issues FY 2025 Earnings Guidance

Allegion (NYSE:ALLE - Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 7.650-7.850 for the period, compared to the consensus EPS estimate of 7.750. The company issued revenue guidance of $3.8 billion-$3.9 billion, compared to the consensus revenue estimate of $3.9 billion.

Analyst Upgrades and Downgrades

Several research firms have recently commented on ALLE. StockNews.com downgraded Allegion from a "buy" rating to a "hold" rating in a report on Friday, February 14th. Wells Fargo & Company cut their price objective on Allegion from $140.00 to $135.00 and set an "equal weight" rating for the company in a report on Wednesday. Robert W. Baird cut their price objective on Allegion from $152.00 to $144.00 and set a "neutral" rating for the company in a report on Wednesday. Morgan Stanley increased their price objective on Allegion from $137.00 to $139.00 and gave the company an "equal weight" rating in a report on Wednesday. Finally, Barclays cut their price objective on Allegion from $134.00 to $130.00 and set an "underweight" rating for the company in a report on Wednesday. One investment analyst has rated the stock with a sell rating and six have given a hold rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $138.33.

Allegion Stock Performance

ALLE traded up $0.05 during trading hours on Friday, reaching $127.16. The company's stock had a trading volume of 871,149 shares, compared to its average volume of 890,566. Allegion has a 52 week low of $113.27 and a 52 week high of $156.10. The company's 50-day moving average is $131.32 and its 200-day moving average is $137.24. The company has a debt-to-equity ratio of 1.32, a quick ratio of 1.29 and a current ratio of 2.04. The firm has a market cap of $10.97 billion, a PE ratio of 18.64, a price-to-earnings-growth ratio of 3.99 and a beta of 1.11.

Allegion (NYSE:ALLE - Get Free Report) last posted its quarterly earnings results on Tuesday, February 18th. The scientific and technical instruments company reported $1.86 earnings per share for the quarter, beating analysts' consensus estimates of $1.75 by $0.11. Allegion had a return on equity of 45.12% and a net margin of 15.84%. The business had revenue of $945.60 million for the quarter, compared to analysts' expectations of $938.91 million. On average, equities analysts forecast that Allegion will post 7.7 EPS for the current year.

Allegion Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a dividend of $0.51 per share. This is an increase from Allegion's previous quarterly dividend of $0.48. This represents a $2.04 annualized dividend and a yield of 1.60%. The ex-dividend date is Friday, March 14th. Allegion's payout ratio is currently 28.15%.

Insider Buying and Selling at Allegion

In other news, CEO John H. Stone purchased 7,500 shares of Allegion stock in a transaction dated Tuesday, December 3rd. The shares were bought at an average cost of $140.70 per share, for a total transaction of $1,055,250.00. Following the completion of the acquisition, the chief executive officer now owns 120,481 shares in the company, valued at approximately $16,951,676.70. This trade represents a 6.64 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Gregg C. Sengstack purchased 8,000 shares of Allegion stock in a transaction dated Wednesday, February 19th. The shares were purchased at an average price of $125.24 per share, for a total transaction of $1,001,920.00. Following the completion of the acquisition, the director now owns 8,000 shares of the company's stock, valued at approximately $1,001,920. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Company insiders own 0.33% of the company's stock.

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.