Birch Capital Management LLC Invests $2.20 Million in Allegion PLC $ALLE

Posted by Geri Gentry on Sep 2nd, 2026

Birch Capital Management LLC bought a new stake in Allegion PLC (NYSE:ALLE – Free Report) in the second quarter, HoldingsChannel reports. The firm bought 15,678 shares of the scientific and technical instruments company’s stock, valued at approximately $2,203,000. Allegion accounts for 1.1% of Birch Capital Management LLC’s investment portfolio, making the stock its 24th biggest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ALLE. Oregon Public Employees Retirement Fund grew its stake in shares of Allegion by 0.6% in the 4th 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 during the last quarter. Diversify Advisory Services LLC grew its stake in shares of Allegion by 2.7% in 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 acquiring an additional 60 shares during the last quarter. D.A. Davidson & CO. increased its stake in Allegion by 4.1% during the 4th quarter. D.A. Davidson & CO. now owns 1,612 shares of the scientific and technical instruments company’s stock valued at $257,000 after purchasing an additional 63 shares in the last quarter. Hantz Financial Services Inc. raised its holdings in Allegion by 45.9% in the fourth quarter. Hantz Financial Services Inc. now owns 216 shares of the scientific and technical instruments company’s stock worth $34,000 after buying an additional 68 shares during the last quarter. Finally, LRI Investments LLC grew its holdings in shares of Allegion by 10.0% during the fourth quarter. LRI Investments LLC now owns 793 shares of the scientific and technical instruments company’s stock valued at $126,000 after buying an additional 72 shares during the last quarter. 92.21% of the stock is owned by hedge funds and other institutional investors.

Allegion Price Performance

NYSE ALLE opened at $152.15 on Wednesday. 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 stock’s fifty day moving average price is $151.66 and its 200 day moving average price is $145.72. The company has a market cap of $12.94 billion, a price-to-earnings ratio of 19.97, a PEG ratio of 3.16 and a beta of 0.84. Allegion PLC has a 1 year low of $125.00 and a 1 year high of $183.11.

Allegion (NYSE:ALLE – Get Free Report) last released its earnings results 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. The firm had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.12 billion. Allegion had a return on equity of 35.41% and a net margin of 15.36%.The company’s revenue was up 12.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.04 earnings per share. Allegion has set its FY 2026 guidance at 8.850-9.000 EPS. As a group, equities research analysts forecast that Allegion PLC will post 8.92 earnings per share for the current year.

Insiders Place Their Bets

In related news, SVP Vincent Wenos sold 1,000 shares of the company’s stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $168.25, for a total value of $168,250.00. Following the completion of the transaction, the senior vice president owned 12,096 shares of the company’s stock, valued at approximately $2,035,152. This represents a 7.64% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Michael J. Wagnes sold 3,184 shares of the stock in a transaction that occurred 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 transaction, the chief financial officer owned 31,299 shares in the company, valued at $4,725,523.02. This trade represents a 9.23% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 11,288 shares of company stock worth $1,764,593. Corporate insiders own 0.64% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on ALLE. Robert W. Baird set a $170.00 price objective on Allegion in a report on Friday, July 24th. Longbow Research raised shares of Allegion from a “neutral” rating to a “buy” rating and set a $165.00 price objective for the company in a report on Thursday, June 11th. Weiss Ratings raised Allegion from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, August 4th. Morgan Stanley dropped their target price on Allegion from $165.00 to $142.00 and set an “equal weight” rating for the company in a research report on Wednesday, June 3rd. Finally, JPMorgan Chase & Co. increased their price objective on Allegion from $150.00 to $170.00 and gave the stock a “neutral” rating in a research note on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $164.75.

Check Out Our Latest Stock Analysis on ALLE

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.