Citizens Business Bank Takes Position in Allegion PLC $ALLE

Posted by Francis Steltz on Jul 13th, 2026

Citizens Business Bank bought a new position in shares of Allegion PLC (NYSE:ALLE – Free Report) during the first quarter, HoldingsChannel.com reports. The institutional investor bought 6,864 shares of the scientific and technical instruments company’s stock, valued at approximately $997,000.

Several other institutional investors have also added to or reduced their stakes in ALLE. Pinnacle Bancorp Inc. boosted its position in shares of Allegion by 255.6% in the fourth quarter. Pinnacle Bancorp Inc. now owns 160 shares of the scientific and technical instruments company’s stock valued at $25,000 after acquiring an additional 115 shares during the period. CYBER HORNET ETFs LLC bought a new stake in shares of Allegion during the 2nd quarter worth approximately $33,000. Hantz Financial Services Inc. boosted its holdings in shares of Allegion by 45.9% in the 4th quarter. Hantz Financial Services Inc. now owns 216 shares of the scientific and technical instruments company’s stock valued at $34,000 after purchasing an additional 68 shares in the last quarter. Bard Associates Inc. acquired a new stake in Allegion in the fourth quarter valued at about $35,000. Finally, Caitong International Asset Management Co. Ltd acquired a new stake in shares of Allegion in the 3rd quarter valued at approximately $36,000. 92.21% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Weiss Ratings cut shares of Allegion from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 29th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $150.00 price target (down from $170.00) on shares of Allegion in a research note on Friday, May 15th. Morgan Stanley cut their price objective on Allegion from $165.00 to $142.00 and set an “equal weight” rating on the stock in a report on Wednesday, June 3rd. Bank of America lowered their target price on Allegion from $185.00 to $157.00 and set a “neutral” rating for the company in a report on Monday, April 20th. Finally, Robert W. Baird set a $165.00 target price on Allegion in a research report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $160.89.

Check Out Our Latest Stock Analysis on ALLE

Allegion Price Performance

Shares of NYSE:ALLE opened at $136.87 on Monday. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.19 and a current ratio of 1.91. Allegion PLC has a 52 week low of $125.00 and a 52 week high of $183.11. The firm has a market cap of $11.76 billion, a PE ratio of 18.70, a price-to-earnings-growth ratio of 2.84 and a beta of 0.85. The firm’s fifty day moving average is $133.19 and its 200-day moving average is $148.11.

Allegion (NYSE:ALLE – Get Free Report) last announced its earnings results 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). The company had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $1.03 billion. Allegion had a return on equity of 35.41% and a net margin of 15.24%.The firm’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same period in the prior year, the business earned $1.86 earnings per share. Allegion has set its FY 2026 guidance at 8.700-8.900 EPS. Sell-side analysts predict that Allegion PLC will post 8.74 earnings per share for the current year.

Allegion Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were paid a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Monday, June 15th. Allegion’s payout ratio is currently 30.05%.

Allegion announced that its board has approved a stock repurchase program on Tuesday, April 28th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the scientific and technical instruments company to reacquire up to 3.9% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s board of directors believes its stock is undervalued.

Insider Buying and Selling

In other Allegion news, SVP Robert C. Martens sold 3,993 shares of the stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $137.15, for a total transaction of $547,639.95. Following the completion of the sale, the senior vice president owned 8,570 shares of the company’s stock, valued at approximately $1,175,375.50. This represents a 31.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.64% of the stock is owned by insiders.

About Allegion

(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.