A number of research firms have changed their ratings and price targets for Allegion (NYSE: ALLE):
- 10/26/2026 – Allegion was given a new $170.00 price target by Morgan Stanley.
- 10/26/2026 – Allegion had its price target raised by The Goldman Sachs Group from $182.00 to $206.00. They now have a “buy” rating on the stock.
- 10/23/2026 – Allegion was given a new $180.00 price target by Mizuho.
- 10/23/2026 – Allegion was given a new $196.00 price target by Robert W. Baird.
- 10/23/2026 – Allegion had its price target raised by JPMorgan Chase & Co. from $170.00 to $183.00. They now have a “neutral” rating on the stock.
- 10/23/2026 – Allegion was upgraded by Bank of America from “neutral” to “buy”. They now have a $200.00 price target on the stock, up from $164.00.
- 10/8/2026 – Allegion was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
- 9/22/2026 – Allegion had its “outperform” rating reaffirmed by Evercore. They now have a $180.00 price target on the stock.
Allegion Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were given a dividend of $0.55 per share. The ex-dividend date was Tuesday, September 15th. This represents a $2.20 annualized dividend and a yield of 1.2%.
Insider Transactions at Allegion
In related news, SVP Timothy P. Eckersley sold 6,364 shares of Allegion stock in a transaction on Monday, October 26th. The shares were sold at an average price of $178.62, for a total transaction of $1,136,737.68. Following the transaction, the senior vice president owned 22,028 shares in the company, valued at approximately $3,934,641.36. The trade was a 22.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Steven Mizell purchased 170 shares of the firm’s stock in a transaction on Friday, August 28th. The stock was bought at an average price of $158.28 per share, with a total value of $26,907.60. Following the acquisition, the director owned 5,899 shares in the company, valued at $933,693.72. This trade represents a 2.97% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders have sold 11,833 shares of company stock valued at $2,104,090. Insiders own 0.64% of the company’s stock.
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.
Further Reading
- Five stocks we like better than Allegion
- 3 Growth Stocks Under $20 With Hard Catalyst Dates Ahead
- Is United Parcel Service Finally Turning the Corner?
- Taiwan Semiconductor Flexes Pricing Power on AI’s Frontline
- Hidden in Plain Sight: 2 Earnings Winners Investors May Have Missed
Receive News & Ratings for Allegion PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allegion PLC and related companies with MarketBeat.com's FREE daily email newsletter.
