Stoneridge Investment Partners LLC Takes $664,000 Position in Allegion PLC $ALLE

Stoneridge Investment Partners LLC bought a new stake in shares of Allegion PLC (NYSE:ALLE) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 4,219 shares of the scientific and technical instruments company’s stock, valued at approximately $664,000.

Several other institutional investors have also bought and sold shares of ALLE. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Allegion by 7.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,592 shares of the scientific and technical instruments company’s stock worth $1,251,000 after acquiring an additional 626 shares during the last quarter. NewEdge Advisors LLC grew its stake in shares of Allegion by 35.3% in the 1st quarter. NewEdge Advisors LLC now owns 3,272 shares of the scientific and technical instruments company’s stock worth $427,000 after acquiring an additional 854 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in shares of Allegion by 44.2% in the first quarter. Jones Financial Companies Lllp now owns 1,629 shares of the scientific and technical instruments company’s stock valued at $213,000 after purchasing an additional 499 shares during the last quarter. Empowered Funds LLC raised its holdings in shares of Allegion by 13.0% in the first quarter. Empowered Funds LLC now owns 5,673 shares of the scientific and technical instruments company’s stock valued at $740,000 after purchasing an additional 651 shares during the last quarter. Finally, Focus Partners Wealth lifted its position in shares of Allegion by 204.5% during the first quarter. Focus Partners Wealth now owns 7,186 shares of the scientific and technical instruments company’s stock valued at $937,000 after purchasing an additional 4,826 shares in the last quarter. Institutional investors own 92.21% of the company’s stock.

Allegion Trading Down 0.9%

Shares of Allegion stock opened at $165.01 on Friday. The firm has a market cap of $14.03 billion, a PE ratio of 21.65, a P/E/G ratio of 3.35 and a beta of 0.84. Allegion PLC has a 1 year low of $125.00 and a 1 year high of $183.11. 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 has a fifty day moving average price of $144.92 and a 200-day moving average price of $146.86.

Allegion (NYSE:ALLE) last issued its quarterly earnings results on Thursday, July 23rd. The scientific and technical instruments company reported $2.40 earnings per share for the quarter, topping analysts’ consensus estimates of $2.22 by $0.18. The company had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.12 billion. Allegion had a net margin of 15.36% and a return on equity of 35.41%. The firm’s quarterly revenue was up 12.7% on a year-over-year basis. During the same period in the previous year, the firm earned $2.04 EPS. Allegion has set its FY 2026 guidance at 8.850-9.000 EPS. Equities research analysts anticipate that Allegion PLC will post 8.93 EPS for the current year.

Allegion announced that its board has initiated a share buyback program on Tuesday, April 28th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the scientific and technical instruments company to purchase up to 3.9% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s board of directors believes its stock is undervalued.

Key Headlines Impacting Allegion

Here are the key news stories impacting Allegion this week:

• Positive Sentiment: Zacks raises earnings forecasts across multiple periods. Zacks Research increased its FY2026 EPS estimate to $8.90 from $8.72, FY2027 to $9.44 from $9.25, and FY2028 to $10.31 from $10.05. The firm also lifted estimates for several quarterly periods, including Q3 2026, Q1-Q4 2027, and Q1-Q2 2028. The revisions indicate greater confidence in Allegion’s earnings growth.
• Positive Sentiment: Longer-term earnings growth remains favorable. Zacks’ FY2028 forecast implies continued expansion from its FY2026 estimate, while the current-year consensus EPS estimate is $8.93. Allegion’s latest reported quarter also featured earnings and revenue above analyst expectations, supporting the constructive outlook.
• Neutral Sentiment: Company publishes inclusive-design material. Allegion released an e-book discussing inclusive design beyond compliance with the Americans with Disabilities Act. The publication may support the company’s brand and thought-leadership efforts but has no disclosed near-term financial impact. Allegion E-Book Examines Inclusive Design Beyond ADA Compliance
• Negative Sentiment: Current-year forecast remains slightly below consensus. Zacks’ FY2026 EPS estimate of $8.90 is below the broader analyst consensus of $8.93. That small gap is not a major deterioration, but it limits the immediate bullish effect of the upward revisions.

Insider Activity at Allegion

In other Allegion news, SVP Timothy P. Eckersley sold 6,417 shares of the business’s 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 directly owned 29,919 shares in the company, valued at $4,705,061.94. The trade was a 17.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 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 transaction of $480,720.32. Following the transaction, the chief financial officer directly owned 31,299 shares of the company’s stock, valued at $4,725,523.02. This represents a 9.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 11,288 shares of company stock worth $1,764,593. Insiders own 0.64% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on ALLE shares. JPMorgan Chase & Co. boosted their price target on shares of Allegion from $150.00 to $170.00 and gave the stock a “neutral” rating in a report on Friday, July 24th. Bank of America decreased 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. Barclays dropped their target price on shares of Allegion from $165.00 to $161.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 29th. Robert W. Baird set a $170.00 target price on Allegion in a research note on Friday, July 24th. Finally, Weiss Ratings raised Allegion from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, August 4th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $164.75.

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.