What is Zacks Research's Forecast for Allegion Q3 Earnings?

Allegion plc (NYSE:ALLE - Free Report) - Stock analysts at Zacks Research raised their Q3 2025 EPS estimates for shares of Allegion in a report released on Friday, October 18th. Zacks Research analyst R. Department now anticipates that the scientific and technical instruments company will earn $2.01 per share for the quarter, up from their prior forecast of $1.99. The consensus estimate for Allegion's current full-year earnings is $7.26 per share. Zacks Research also issued estimates for Allegion's FY2025 earnings at $7.47 EPS and Q2 2026 earnings at $1.85 EPS.

Allegion (NYSE:ALLE - Get Free Report) last released its quarterly earnings results on Wednesday, July 24th. The scientific and technical instruments company reported $1.96 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.84 by $0.12. The firm had revenue of $965.60 million for the quarter, compared to analyst estimates of $953.63 million. Allegion had a return on equity of 47.21% and a net margin of 15.08%. The business's revenue was up 5.8% on a year-over-year basis. During the same quarter last year, the company posted $1.76 earnings per share.

Several other analysts have also recently commented on the stock. Mizuho raised their target price on shares of Allegion from $135.00 to $150.00 and gave the stock a "neutral" rating in a research note on Thursday. Wells Fargo & Company raised their price objective on shares of Allegion from $137.00 to $152.00 and gave the company an "equal weight" rating in a research report on Monday, October 7th. StockNews.com upgraded Allegion from a "hold" rating to a "buy" rating in a research report on Saturday, July 27th. Finally, Barclays raised their price target on Allegion from $117.00 to $135.00 and gave the company an "underweight" rating in a report on Wednesday, October 2nd. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $142.25.

Allegion Stock Performance

Shares of NYSE ALLE traded down $1.30 during mid-day trading on Monday, hitting $152.06. 722,232 shares of the company were exchanged, compared to its average volume of 699,535. The stock has a 50 day simple moving average of $140.59 and a 200-day simple moving average of $129.58. Allegion has a 1-year low of $95.94 and a 1-year high of $156.10. The company has a quick ratio of 1.23, a current ratio of 1.66 and a debt-to-equity ratio of 1.40. The firm has a market cap of $13.30 billion, a price-to-earnings ratio of 24.76, a price-to-earnings-growth ratio of 4.50 and a beta of 1.12.

Allegion Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 20th were issued a $0.48 dividend. The ex-dividend date of this dividend was Friday, September 20th. This represents a $1.92 dividend on an annualized basis and a yield of 1.26%. Allegion's dividend payout ratio (DPR) is presently 31.32%.

Hedge Funds Weigh In On Allegion

Hedge funds and other institutional investors have recently bought and sold shares of the company. McClarren Financial Advisors Inc. raised its stake in shares of Allegion by 61.0% during the 3rd quarter. McClarren Financial Advisors Inc. now owns 190 shares of the scientific and technical instruments company's stock worth $27,000 after buying an additional 72 shares during the last quarter. Crewe Advisors LLC raised its position in Allegion by 160.2% during the second quarter. Crewe Advisors LLC now owns 242 shares of the scientific and technical instruments company's stock worth $29,000 after acquiring an additional 149 shares during the last quarter. Gradient Investments LLC purchased a new stake in shares of Allegion in the second quarter valued at about $38,000. Kimelman & Baird LLC acquired a new stake in shares of Allegion in the second quarter valued at approximately $39,000. Finally, Blue Trust Inc. increased its stake in shares of Allegion by 54.0% during the 2nd quarter. Blue Trust Inc. now owns 345 shares of the scientific and technical instruments company's stock worth $41,000 after purchasing an additional 121 shares in the last quarter. 92.21% of the stock is owned by institutional investors and hedge funds.

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.