Krilogy Financial LLC Purchases New Holdings in Allegion PLC $ALLE

Krilogy Financial LLC purchased a new position in Allegion PLC (NYSE:ALLE) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,876 shares of the scientific and technical instruments company’s stock, valued at approximately $732,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of ALLE. Dimensional Fund Advisors LP boosted its holdings in Allegion by 1.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 853,222 shares of the scientific and technical instruments company’s stock valued at $123,952,000 after acquiring an additional 13,186 shares during the period. Hawk Ridge Capital Management LP grew its position in Allegion by 32.9% in the 1st quarter. Hawk Ridge Capital Management LP now owns 802,807 shares of the scientific and technical instruments company’s stock valued at $116,640,000 after acquiring an additional 198,800 shares during the last quarter. The Manufacturers Life Insurance Company increased its stake in Allegion by 19.4% in the first quarter. The Manufacturers Life Insurance Company now owns 599,326 shares of the scientific and technical instruments company’s stock worth $87,076,000 after purchasing an additional 97,304 shares during the period. Boston Trust Walden Corp increased its stake in Allegion by 8.1% in the first quarter. Boston Trust Walden Corp now owns 566,792 shares of the scientific and technical instruments company’s stock worth $82,349,000 after purchasing an additional 42,660 shares during the period. Finally, Bank of America Corp DE lifted its position in shares of Allegion by 5.5% during the first quarter. Bank of America Corp DE now owns 542,132 shares of the scientific and technical instruments company’s stock worth $78,766,000 after purchasing an additional 28,449 shares during the last quarter. 92.21% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, Director Steven Mizell bought 170 shares of the stock in a transaction on Friday, August 28th. The stock was acquired at an average cost of $158.28 per share, for a total transaction of $26,907.60. Following the acquisition, the director owned 5,899 shares of the company’s stock, valued at $933,693.72. This represents a 2.97% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Michael Wagnes sold 3,184 shares of the stock in a transaction on Thursday, July 23rd. The stock was sold at an average price of $150.98, for a total value of $480,720.32. Following the transaction, the chief financial officer directly owned 31,299 shares in the company, valued at $4,725,523.02. The trade was a 9.23% decrease in their position. 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. 0.64% of the stock is owned by company insiders.

Trending Headlines about Allegion

Here are the key news stories impacting Allegion this week:

• Positive Sentiment: Analysts raised multiple EPS forecasts. Zacks Research increased its estimates for Allegion’s fourth-quarter and full-year 2026 earnings, as well as 2027 and 2028 results. The firm now projects FY2026 EPS of $8.92, FY2027 EPS of $9.49 and FY2028 EPS of $10.33, modestly above its prior forecasts. The upward revisions signal slightly stronger expected profit growth. MarketBeat Allegion analyst estimates
• Positive Sentiment: Allegion is being highlighted as a momentum stock. Zacks’ Style Scores point to favorable recent price and earnings trends, which may attract quantitative and momentum-focused investors. Why Allegion is a Strong Momentum Stock
• Positive Sentiment: Recent operating performance remains supportive. Allegion’s latest reported quarter exceeded consensus estimates on both earnings and revenue, with revenue increasing 12.7% year over year. The company also maintained full-year 2026 EPS guidance of $8.85-$9.00, reinforcing expectations for continued earnings growth.
• Neutral Sentiment: Investors are focused on the upcoming quarterly report. Analysts expect earnings growth and are looking for another potential beat, but the cited articles do not provide new quarterly results or a change to company guidance. Allegion Earnings Expected to Grow
• Neutral Sentiment: Relative performance was mixed. Allegion stock rose in the latest session but underperformed some competitors, suggesting the move was positive but not sector-leading. Allegion Stock Underperforms Competitors

Wall Street Analyst Weigh In

Several analysts have recently weighed in on ALLE shares. Weiss Ratings upgraded Allegion from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. JPMorgan Chase & Co. upped 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. Robert W. Baird set a $170.00 price target on shares of Allegion in a report on Friday, July 24th. Finally, Evercore reaffirmed an “outperform” rating and issued a $180.00 price target on shares of Allegion in a research note on Tuesday, September 22nd. Three equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $162.50.

Allegion Stock Performance

Allegion stock opened at $156.39 on Friday. The company has a 50 day moving average price of $156.42 and a 200-day moving average price of $145.58. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.23 and a current ratio of 1.93. Allegion PLC has a fifty-two week low of $125.00 and a fifty-two week high of $183.11. The company has a market capitalization of $13.30 billion, a PE ratio of 20.52, a P/E/G ratio of 3.18 and a beta of 0.81.

Allegion (NYSE:ALLE) last announced its quarterly earnings results on Thursday, July 23rd. The scientific and technical instruments company reported $2.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.22 by $0.18. Allegion had a return on equity of 35.41% and a net margin of 15.36%. The firm had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.12 billion. During the same quarter in the previous year, the business earned $2.04 earnings per share. Allegion’s quarterly revenue was up 12.7% on a year-over-year basis. Allegion has set its FY 2026 guidance at 8.850-9.000 EPS. As a group, equities analysts forecast that Allegion PLC will post 8.94 earnings per share for the current year.

Allegion Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were given a dividend of $0.55 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $2.20 dividend on an annualized basis and a yield of 1.4%. Allegion’s payout ratio is 28.87%.

About Allegion

Allegion plc is a global provider of security products and solutions for homes, businesses, schools, healthcare facilities and other institutions. The company develops and manufactures mechanical and electronic locks, access-control systems, door closers, exit devices, door hardware, and related products designed to help secure and manage entry into buildings.

Allegion’s portfolio includes well-known brands such as Schlage, Von Duprin, LCN, Steelcraft, Briton and Interflex. Its offerings range from residential locks and smart-home security products to commercial access-control systems, biometric and credential-based solutions, doors and frames, and software and services that support building security and access management.

Allegion was established as an independent company in 2013 following its separation from Ingersoll Rand.