Zacks Research Has Bullish Estimate for Allegion Q1 Earnings

Allegion plc (NYSE:ALLE - Free Report) - Analysts at Zacks Research boosted their Q1 2026 earnings per share estimates for shares of Allegion in a research report issued to clients and investors on Monday, April 21st. Zacks Research analyst R. Department now expects that the scientific and technical instruments company will earn $1.74 per share for the quarter, up from their prior estimate of $1.73. The consensus estimate for Allegion's current full-year earnings is $7.77 per share. Zacks Research also issued estimates for Allegion's FY2026 earnings at $7.96 EPS.

Allegion (NYSE:ALLE - Get Free Report) last posted its earnings results on Thursday, April 24th. The scientific and technical instruments company reported $1.86 earnings per share for the quarter, beating analysts' consensus estimates of $1.68 by $0.18. Allegion had a return on equity of 45.12% and a net margin of 15.84%. The company had revenue of $941.90 million for the quarter, compared to analyst estimates of $918.53 million.

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

Allegion Stock Down 2.2 %

ALLE traded down $3.01 during mid-day trading on Tuesday, reaching $136.50. 1,052,862 shares of the stock were exchanged, compared to its average volume of 831,108. Allegion has a 1 year low of $113.27 and a 1 year high of $156.10. The company has a debt-to-equity ratio of 1.32, a quick ratio of 1.43 and a current ratio of 2.04. The stock has a market capitalization of $11.76 billion, a PE ratio of 20.01, a price-to-earnings-growth ratio of 3.97 and a beta of 1.01. The company has a 50 day moving average price of $127.05 and a two-hundred day moving average price of $133.84.

Allegion Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be given a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 1.49%. The ex-dividend date of this dividend is Friday, June 13th. Allegion's dividend payout ratio (DPR) is presently 29.91%.

Insider Activity 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 trade represents a 16.51 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Gregg C. Sengstack bought 8,000 shares of Allegion stock in a transaction that occurred on Wednesday, February 19th. The shares were acquired at an average price of $125.24 per share, with a total value of $1,001,920.00. Following the completion of the transaction, the director now owns 8,000 shares of the company's stock, valued at $1,001,920. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders have sold 3,224 shares of company stock worth $406,636. 0.33% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. grew its position in Allegion by 1.7% during the fourth quarter. Vanguard Group Inc. now owns 10,718,458 shares of the scientific and technical instruments company's stock valued at $1,400,688,000 after acquiring an additional 177,808 shares during the last quarter. Boston Partners grew its position in Allegion by 11.6% during the 4th quarter. Boston Partners now owns 4,716,756 shares of the scientific and technical instruments company's stock worth $616,503,000 after acquiring an additional 488,390 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC increased its stake in Allegion by 1.0% in the 4th quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,897,407 shares of the scientific and technical instruments company's stock worth $509,313,000 after purchasing an additional 38,377 shares during the period. Van ECK Associates Corp lifted its position in Allegion by 8.1% in 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 during the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of Allegion by 2.0% during the fourth quarter. Geode Capital Management LLC now owns 2,152,831 shares of the scientific and technical instruments company's stock valued at $280,607,000 after purchasing an additional 41,417 shares during the period. 92.21% of the stock is currently owned by institutional investors.

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.