Michael Wagnes Sells 3,184 Shares of Allegion (NYSE:ALLE) Stock

Posted by Geri Gentry on Jul 28th, 2026

Allegion PLC (NYSE:ALLE – Get Free Report) CFO Michael Wagnes sold 3,184 shares of Allegion stock in a transaction on Thursday, July 23rd. The shares were sold at an average price of $150.98, for a total value of $480,720.32. Following the completion of the sale, the chief financial officer directly owned 31,299 shares of the company’s stock, valued at approximately $4,725,523.02. This represents a 9.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Allegion Trading Up 2.2%

ALLE stock traded up $3.50 on Tuesday, hitting $161.64. 435,410 shares of the company were exchanged, compared to its average volume of 1,048,804. Allegion PLC has a twelve month low of $125.00 and a twelve month high of $183.11. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.93 and a quick ratio of 1.23. The business’s fifty day moving average is $135.40 and its two-hundred day moving average is $146.69. The stock has a market capitalization of $13.89 billion, a price-to-earnings ratio of 21.20, a price-to-earnings-growth ratio of 3.12 and a beta of 0.85.

Allegion (NYSE:ALLE – Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The scientific and technical instruments company reported $2.40 EPS for the quarter, topping analysts’ consensus estimates of $2.22 by $0.18. Allegion had a return on equity of 35.41% and a net margin of 15.36%.The company had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.12 billion. During the same period last year, the business posted $2.04 EPS. The company’s quarterly revenue was up 12.7% compared to the same quarter last year. Allegion has set its FY 2026 guidance at 8.850-9.000 EPS. As a group, research analysts forecast that Allegion PLC will post 8.92 earnings per share for the current year.

Allegion declared that its Board of Directors has authorized a stock repurchase plan on Tuesday, April 28th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the scientific and technical instruments company to repurchase 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.

Institutional Investors Weigh In On Allegion

Institutional investors have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Allegion by 7.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,592 shares of the scientific and technical instruments company’s stock valued at $1,251,000 after acquiring an additional 626 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in Allegion by 35.3% in the first quarter. NewEdge Advisors LLC now owns 3,272 shares of the scientific and technical instruments company’s stock worth $427,000 after purchasing an additional 854 shares during the period. Jones Financial Companies Lllp increased its stake in Allegion by 44.2% during the first quarter. Jones Financial Companies Lllp now owns 1,629 shares of the scientific and technical instruments company’s stock valued at $213,000 after purchasing an additional 499 shares during the last quarter. Empowered Funds LLC increased its stake in Allegion by 13.0% during the first quarter. Empowered Funds LLC now owns 5,673 shares of the scientific and technical instruments company’s stock valued at $740,000 after purchasing an additional 651 shares during the last quarter. Finally, Focus Partners Wealth raised its holdings in shares of Allegion by 204.5% during the first quarter. Focus Partners Wealth now owns 7,186 shares of the scientific and technical instruments company’s stock worth $937,000 after purchasing an additional 4,826 shares during the period. 92.21% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have weighed in on ALLE. Bank of America lowered their price objective on Allegion from $185.00 to $157.00 and set a “neutral” rating for the company in a research note on Monday, April 20th. Barclays reduced their target price on Allegion from $165.00 to $161.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 29th. JPMorgan Chase & Co. lifted their price target on shares of Allegion from $150.00 to $170.00 and gave the stock a “neutral” rating in a research note on Friday. Weiss Ratings cut shares of Allegion from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 29th. Finally, Longbow Research upgraded shares of Allegion from a “neutral” rating to a “buy” rating and set a $165.00 price objective on the stock in a research note on Thursday, June 11th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $164.75.

Get Our Latest Stock Analysis on ALLE

Allegion Company Profile

(Get 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.