Northwestern Mutual Wealth Management Co. Grows Position in Allegion PLC $ALLE

Posted by George Bondi on May 23rd, 2026

Northwestern Mutual Wealth Management Co. grew its stake in shares of Allegion PLC (NYSE:ALLE – Free Report) by 793.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 45,002 shares of the scientific and technical instruments company’s stock after buying an additional 39,964 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Allegion were worth $7,165,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Oregon Public Employees Retirement Fund increased its position in Allegion by 0.6% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 9,817 shares of the scientific and technical instruments company’s stock worth $1,563,000 after buying an additional 59 shares in the last quarter. Diversify Advisory Services LLC increased its position in Allegion by 2.7% during the third quarter. Diversify Advisory Services LLC now owns 2,308 shares of the scientific and technical instruments company’s stock worth $380,000 after buying an additional 60 shares in the last quarter. D.A. Davidson & CO. increased its position in Allegion by 4.1% during the fourth quarter. D.A. Davidson & CO. now owns 1,612 shares of the scientific and technical instruments company’s stock worth $257,000 after buying an additional 63 shares in the last quarter. Banque de Luxembourg S.A. increased its position in Allegion by 0.3% during the fourth quarter. Banque de Luxembourg S.A. now owns 22,294 shares of the scientific and technical instruments company’s stock worth $3,550,000 after buying an additional 65 shares in the last quarter. Finally, Syon Capital LLC increased its position in Allegion by 3.3% during the third quarter. Syon Capital LLC now owns 2,085 shares of the scientific and technical instruments company’s stock worth $370,000 after buying an additional 67 shares in the last quarter. Hedge funds and other institutional investors own 92.21% of the company’s stock.

Insider Buying and Selling at Allegion

In related news, SVP Robert C. Martens sold 3,993 shares of Allegion stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $137.15, for a total value of $547,639.95. Following the transaction, the senior vice president owned 8,570 shares in the company, valued at approximately $1,175,375.50. This trade represents a 31.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Sue Main bought 2,000 shares of Allegion stock in a transaction that occurred on Wednesday, March 11th. The stock was purchased at an average price of $149.61 per share, for a total transaction of $299,220.00. Following the acquisition, the director directly owned 2,000 shares of the company’s stock, valued at $299,220. The trade was a ∞ increase in their position. The SEC filing for this purchase provides additional information. 0.64% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on ALLE shares. Weiss Ratings downgraded Allegion from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 1st. Barclays dropped their price target on Allegion from $165.00 to $161.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 29th. Robert W. Baird set a $165.00 price target on Allegion in a research report on Wednesday, April 29th. Wells Fargo & Company dropped their price target on Allegion from $175.00 to $155.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 1st. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and set a $150.00 price target (down from $170.00) on shares of Allegion in a research report on Friday, May 15th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Allegion has a consensus rating of “Hold” and a consensus target price of $161.50.

View Our Latest Stock Analysis on ALLE

Allegion Price Performance

ALLE stock opened at $130.50 on Friday. Allegion PLC has a 52-week low of $125.00 and a 52-week high of $183.11. The stock’s fifty day simple moving average is $140.34 and its 200-day simple moving average is $155.33. The company has a quick ratio of 1.19, a current ratio of 1.91 and a debt-to-equity ratio of 0.97. The stock has a market capitalization of $11.21 billion, a price-to-earnings ratio of 17.83, a price-to-earnings-growth ratio of 2.72 and a beta of 0.89.

Allegion (NYSE:ALLE – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The scientific and technical instruments company reported $1.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.88 by ($0.08). Allegion had a return on equity of 35.41% and a net margin of 15.24%.The business had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.03 billion. During the same quarter last year, the business earned $1.86 EPS. Allegion’s revenue for the quarter was up 9.7% compared to the same quarter last year. Allegion has set its FY 2026 guidance at 8.700-8.900 EPS. Equities research analysts expect that Allegion PLC will post 8.74 EPS for the current year.

Allegion declared that its Board of Directors has authorized a share buyback plan on Tuesday, April 28th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the scientific and technical instruments company to reacquire up to 3.9% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

Allegion Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a dividend of $0.55 per share. The ex-dividend date is Monday, June 15th. This represents a $2.20 annualized dividend and a dividend yield of 1.7%. Allegion’s dividend payout ratio (DPR) is 30.05%.

More Allegion News

Here are the key news stories impacting Allegion this week:

Positive Sentiment: Zacks Research raised its earnings estimates across multiple periods for Allegion, including FY2026 to $8.72, FY2027 to $9.20, and FY2028 to $10.01, signaling expectations for continued earnings growth. Allegion stock page
Positive Sentiment: The firm also lifted quarterly forecasts for Q2 2026, Q3 2026, Q4 2026, Q1 2027, Q2 2027, Q3 2027, Q4 2027, and Q1 2028, suggesting analysts see steady operating momentum ahead. Allegion stock page
Neutral Sentiment: The updates were incremental rather than dramatic, so they are more likely to modestly support sentiment than trigger a major re-rating on their own. Allegion stock page
Negative Sentiment: Despite the improved estimates, Allegion has recently been trading well below its 50-day and 200-day moving averages, indicating the stock still faces broader technical pressure. Allegion stock page

Allegion Profile

(Free Report)

Allegion plc (NYSE: ALLE) is a global provider of security products and solutions focused on ensuring the safety and security of people and property. The company was formed in December 2013 through a corporate spin-off from Ingersoll Rand and is headquartered in Dublin, Ireland. Allegion’s core mission is to deliver innovative mechanical and electronic access control systems for a wide range of end markets, including commercial buildings, residential properties, institutional facilities, and industrial sites.

The company’s product portfolio spans mechanical locksets, door closers, exit devices, key systems and cylinders, as well as a growing suite of electronic and smart access control offerings.