Research Analysts Offer Predictions for Allegion Q1 Earnings

Allegion plc (NYSE:ALLE - Free Report) - Equities research analysts at Zacks Research lifted their Q1 2025 earnings per share estimates for shares of Allegion in a report issued on Tuesday, March 11th. Zacks Research analyst R. Department now forecasts that the scientific and technical instruments company will post earnings of $1.66 per share for the quarter, up from their previous estimate of $1.63. The consensus estimate for Allegion's current full-year earnings is $7.77 per share. Zacks Research also issued estimates for Allegion's Q2 2025 earnings at $1.94 EPS, Q3 2025 earnings at $2.06 EPS, Q4 2025 earnings at $1.98 EPS, FY2025 earnings at $7.65 EPS, Q1 2026 earnings at $1.73 EPS, Q2 2026 earnings at $1.93 EPS, Q3 2026 earnings at $2.16 EPS, Q4 2026 earnings at $2.13 EPS, FY2026 earnings at $7.95 EPS and FY2027 earnings at $8.83 EPS.

Allegion (NYSE:ALLE - Get Free Report) last issued its quarterly earnings data on Tuesday, February 18th. The scientific and technical instruments company reported $1.86 earnings per share (EPS) for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $938.91 million.

A number of other research firms also recently weighed in on ALLE. Wells Fargo & Company reduced their price target on Allegion from $140.00 to $135.00 and set an "equal weight" rating for the company in a research report on Wednesday, February 19th. Barclays reduced their price target on Allegion from $134.00 to $130.00 and set an "underweight" rating for the company in a research report on Wednesday, February 19th. StockNews.com downgraded Allegion from a "buy" rating to a "hold" rating in a research report on Friday, March 7th. Morgan Stanley upped their price target on Allegion from $137.00 to $139.00 and gave the stock an "equal weight" rating in a research report on Wednesday, February 19th. Finally, Robert W. Baird reduced their price target on Allegion from $152.00 to $144.00 and set a "neutral" rating for the company in a research report on Wednesday, February 19th. One investment analyst has rated the stock with a sell rating and six have given a hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $138.33.

Remove Ads

Allegion Stock Up 0.6 %

NYSE:ALLE traded up $0.76 during trading hours on Thursday, reaching $127.42. 982,152 shares of the stock were exchanged, compared to its average volume of 712,596. Allegion has a twelve month low of $113.27 and a twelve month high of $156.10. The company has a debt-to-equity ratio of 1.32, a current ratio of 2.04 and a quick ratio of 1.43. The firm has a 50 day moving average of $129.68 and a 200 day moving average of $136.80. The stock has a market cap of $10.99 billion, a PE ratio of 18.68, a PEG ratio of 3.97 and a beta of 1.11.

Allegion Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a dividend of $0.51 per share. The ex-dividend date is Friday, March 14th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.60%. This is a boost from Allegion's previous quarterly dividend of $0.48. Allegion's dividend payout ratio is currently 29.91%.

Insider Transactions at Allegion

In related news, SVP Tracy L. Kemp sold 2,032 shares of the stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $126.74, for a total value of $257,535.68. Following the sale, the senior vice president now owns 10,273 shares in the company, valued at approximately $1,302,000.02. This represents a 16.51 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Nickolas A. Musial sold 403 shares of the stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $124.70, for a total value of $50,254.10. Following the completion of the sale, the chief accounting officer now owns 4,972 shares in the company, valued at approximately $620,008.40. This trade represents a 7.50 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 3,224 shares of company stock worth $406,636 in the last 90 days. Corporate insiders own 0.33% of the company's stock.

Institutional Investors Weigh In On Allegion

A number of large investors have recently added to or reduced their stakes in ALLE. Wealth Enhancement Advisory Services LLC increased its position in Allegion by 148.5% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 10,127 shares of the scientific and technical instruments company's stock worth $1,323,000 after buying an additional 6,051 shares during the period. Lansforsakringar Fondforvaltning AB publ bought a new position in Allegion during the 4th quarter worth $3,648,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Allegion during the 4th quarter worth $25,843,000. Azzad Asset Management Inc. ADV increased its position in Allegion by 3.4% during the 4th quarter. Azzad Asset Management Inc. ADV now owns 26,213 shares of the scientific and technical instruments company's stock worth $3,426,000 after buying an additional 852 shares during the period. Finally, Jefferies Financial Group Inc. bought a new position in Allegion during the 4th quarter worth $1,329,000. Institutional investors own 92.21% 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.