Allegion (NYSE:ALLE – Get Free Report) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 9.050-9.100 for the period, compared to the consensus earnings per share estimate of 8.960. The company issued revenue guidance of $4.5 billion, compared to the consensus revenue estimate of $4.4 billion.
Analyst Upgrades and Downgrades
A number of research firms recently commented on ALLE. JPMorgan Chase & Co. upped their price objective on Allegion from $170.00 to $183.00 and gave the company a “neutral” rating in a report on Friday. Robert W. Baird set a $196.00 target price on Allegion in a report on Friday. Mizuho set a $180.00 target price on Allegion in a research report on Friday. Weiss Ratings raised Allegion from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. Finally, Evercore reiterated an “outperform” rating and issued a $180.00 price target on shares of Allegion in a research report on Tuesday, September 22nd. Four analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $173.56.
Check Out Our Latest Report on ALLE
Allegion Trading Up 1.4%
Shares of ALLE stock traded up $2.43 on Friday, hitting $178.95. The stock had a trading volume of 1,811,112 shares, compared to its average volume of 1,058,110. Allegion has a twelve month low of $125.00 and a twelve month high of $183.11. The firm has a market cap of $15.22 billion, a P/E ratio of 22.29, a PEG ratio of 3.53 and a beta of 0.81. The company has a current ratio of 1.90, a quick ratio of 1.23 and a debt-to-equity ratio of 0.94. The company has a fifty day moving average price of $156.32 and a two-hundred day moving average price of $146.36.
Allegion (NYSE:ALLE – Get Free Report) last released its quarterly earnings data on Thursday, October 22nd. The scientific and technical instruments company reported $2.60 EPS for the quarter, beating analysts’ consensus estimates of $2.50 by $0.10. The business had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.14 billion. Allegion had a net margin of 15.74% and a return on equity of 35.52%. The firm’s quarterly revenue was up 9.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.30 EPS. As a group, analysts forecast that Allegion will post 9.08 earnings per share for the current fiscal year.
Allegion Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were issued a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Tuesday, September 15th. Allegion’s dividend payout ratio is 27.40%.
Insider Transactions at Allegion
In other news, SVP Vincent Wenos sold 1,000 shares of the firm’s stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $168.25, for a total transaction of $168,250.00. Following the sale, the senior vice president owned 12,096 shares of the company’s stock, valued at $2,035,152. This trade represents a 7.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Timothy P. Eckersley sold 6,417 shares of Allegion stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $157.26, for a total value of $1,009,137.42. Following the transaction, the senior vice president owned 29,919 shares in the company, valued at $4,705,061.94. This trade represents a 17.66% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.64% of the stock is currently owned by insiders.
Key Allegion News
Here are the key news stories impacting Allegion this week:
- Positive Sentiment: Q3 earnings and revenue beat estimates. Allegion reported adjusted earnings of $2.60 per share versus the $2.50 consensus, while revenue rose 9.6% year over year to $1.17 billion, ahead of the $1.14 billion estimate. Allegion Q3 Earnings and Revenues Beat Estimates
- Positive Sentiment: Management raised full-year guidance. Allegion now expects 2026 adjusted EPS of $9.05–$9.10, above the roughly $8.96 consensus, and revenue of approximately $4.5 billion versus estimates near $4.4 billion. Its reported revenue-growth outlook was raised to 9.5%–10.5%. Allegion Raises 2026 Adjusted EPS Outlook
- Positive Sentiment: Americas demand is driving the recovery. Low-double-digit organic growth in Americas non-residential markets, combined with margin expansion, helped offset weaker international performance and strengthened confidence in volume growth. Allegion Key Takeaways for Long-Term Investors
- Positive Sentiment: Analyst sentiment improved. Bank of America upgraded Allegion to Buy from Neutral and lifted its price target to $200 from $164. JPMorgan raised its target to $183, while Morgan Stanley increased its target to $170. BofA said improving volumes could support a further valuation re-rating. B of A Securities Upgrades Allegion
About Allegion
Allegion plc (NYSE:ALLE) is a global security products and solutions company focused on protecting people and property. Its portfolio includes mechanical and electronic locks, access control systems, door closers, exit devices, door controls, and commercial doors and frames.
The company serves commercial, institutional, industrial, and residential customers through well-known brands including Schlage, Von Duprin, LCN, Steelcraft, Briton, and aptiQ. Its offerings range from traditional hardware to connected and electronic access solutions designed for offices, schools, healthcare facilities, multifamily properties, and homes.
Allegion was established as an independent public company in 2013 following its separation from Ingersoll Rand.
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