Louisbourg Investments Inc. Boosts Stock Holdings in Allegion PLC $ALLE

Posted by Brian Himes on Jun 28th, 2026

Louisbourg Investments Inc. boosted its stake in Allegion PLC (NYSE:ALLE – Free Report) by 23.0% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 24,139 shares of the scientific and technical instruments company’s stock after purchasing an additional 4,520 shares during the quarter. Louisbourg Investments Inc.’s holdings in Allegion were worth $3,507,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Pinnacle Bancorp Inc. increased its holdings 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 worth $25,000 after purchasing an additional 115 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new position in Allegion during the third quarter valued at approximately $36,000. Hantz Financial Services Inc. grew its holdings in Allegion by 45.9% during 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 buying an additional 68 shares in the last quarter. Bard Associates Inc. purchased a new position in Allegion during the 4th quarter valued at approximately $35,000. Finally, CYBER HORNET ETFs LLC bought a new stake in Allegion in the 2nd quarter worth approximately $33,000. Institutional investors own 92.21% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on ALLE. Morgan Stanley lowered 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. Weiss Ratings cut shares of Allegion from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 29th. Wells Fargo & Company decreased their price target on shares of Allegion from $175.00 to $155.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 1st. Bank of America dropped their price objective on shares of Allegion from $185.00 to $157.00 and set a “neutral” rating for the company in a research note on Monday, April 20th. Finally, JPMorgan Chase & Co. restated a “neutral” rating and set a $150.00 target price (down from $170.00) on shares of Allegion in a research report on Friday, May 15th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $160.89.

View Our Latest Research Report on ALLE

Allegion Trading Up 2.1%

Shares of ALLE opened at $139.94 on Friday. The company’s fifty day simple moving average is $134.18 and its 200-day simple moving average is $149.72. The company has a market cap of $12.03 billion, a P/E ratio of 19.12, a P/E/G ratio of 2.91 and a beta of 0.86. The company has a current ratio of 1.91, a quick ratio of 1.19 and a debt-to-equity ratio of 0.97. Allegion PLC has a twelve month low of $125.00 and a twelve month high of $183.11.

Allegion (NYSE:ALLE – Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The scientific and technical instruments company reported $1.80 EPS for the quarter, missing analysts’ consensus estimates of $1.88 by ($0.08). Allegion had a return on equity of 35.41% and a net margin of 15.24%.The firm had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $1.03 billion. During the same period in the prior year, the firm posted $1.86 earnings per share. Allegion’s revenue for the quarter was up 9.7% on a year-over-year basis. Allegion has set its FY 2026 guidance at 8.700-8.900 EPS. As a group, analysts expect that Allegion PLC will post 8.73 EPS for the current year.

Allegion Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.55 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.6%. Allegion’s dividend payout ratio is currently 30.05%.

Allegion declared that its board has initiated a share buyback plan 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 buy up to 3.9% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s leadership believes its shares are undervalued.

Insider Activity at Allegion

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

Allegion Company 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.