Marshall Financial Group LLC Invests $1.50 Million in Allegion PLC $ALLE

Marshall Financial Group LLC acquired a new stake in shares of Allegion PLC (NYSE:ALLE) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 9,412 shares of the scientific and technical instruments company’s stock, valued at approximately $1,499,000.

Other large investors also recently modified their holdings of the company. Westside Investment Management Inc. lifted its position in Allegion by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 140 shares of the scientific and technical instruments company’s stock worth $25,000 after buying an additional 70 shares during the last quarter. First Horizon Corp bought a new position in Allegion during the third quarter valued at approximately $26,000. Hantz Financial Services Inc. grew its position in Allegion by 120.9% during the third quarter. Hantz Financial Services Inc. now owns 148 shares of the scientific and technical instruments company’s stock valued at $26,000 after acquiring an additional 81 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new position in shares of Allegion during the third quarter worth approximately $29,000. Finally, Caitong International Asset Management Co. Ltd purchased a new position in shares of Allegion during the third quarter worth approximately $36,000. 92.21% of the stock is owned by hedge funds and other institutional investors.

Allegion Stock Performance

NYSE:ALLE opened at $142.43 on Monday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.16 and a current ratio of 1.84. Allegion PLC has a fifty-two week low of $116.57 and a fifty-two week high of $183.11. The firm has a market cap of $12.27 billion, a PE ratio of 19.14, a price-to-earnings-growth ratio of 3.08 and a beta of 1.03. The business has a 50 day moving average price of $161.74 and a 200-day moving average price of $165.77.

Allegion (NYSE:ALLE) last issued its earnings results on Tuesday, February 17th. The scientific and technical instruments company reported $1.94 EPS for the quarter, missing the consensus estimate of $2.01 by ($0.07). Allegion had a return on equity of 38.06% and a net margin of 15.83%.The firm had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $1.04 billion. During the same period in the previous year, the firm earned $1.86 earnings per share. The firm’s quarterly revenue was up 9.3% compared to the same quarter last year. Allegion has set its FY 2026 guidance at 8.700-8.900 EPS. Equities research analysts predict that Allegion PLC will post 7.77 earnings per share for the current year.

Allegion Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be given a $0.55 dividend. The ex-dividend date is Friday, March 13th. This is a positive change from Allegion’s previous quarterly dividend of $0.51. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.5%. Allegion’s dividend payout ratio is presently 29.57%.

Insider Activity

In other Allegion news, Director Sue Main purchased 2,000 shares of Allegion stock in a transaction that occurred on Wednesday, March 11th. The shares were bought at an average price of $149.61 per share, for a total transaction of $299,220.00. Following the acquisition, the director directly owned 2,000 shares in the company, valued at approximately $299,220. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Steven Mizell sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $161.51, for a total value of $161,510.00. Following the transaction, the director directly owned 4,915 shares of the company’s stock, valued at $793,821.65. The trade was a 16.91% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.23% of the company’s stock.

Analysts Set New Price Targets

ALLE has been the subject of a number of research reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Allegion in a research note on Wednesday, January 21st. Barclays decreased their target price on shares of Allegion from $180.00 to $176.00 and set an “equal weight” rating on the stock in a research report on Monday, February 23rd. JPMorgan Chase & Co. lowered their price target on shares of Allegion from $190.00 to $180.00 and set an “overweight” rating for the company in a research note on Wednesday, February 18th. Finally, Wells Fargo & Company reaffirmed a “positive” rating on shares of Allegion in a research note on Tuesday, December 16th. Three research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $175.00.

Allegion Company Profile

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.