Allegion PLC $ALLE Stock: Yousif Capital Management LLC Increases Holdings

Yousif Capital Management LLC lifted its stake in shares of Allegion PLC (NYSE:ALLE) by 588.1% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 66,771 shares of the scientific and technical instruments company’s stock after acquiring an additional 57,068 shares during the quarter. Yousif Capital Management LLC’s holdings in Allegion were worth $10,267,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. MBL Wealth LLC acquired a new stake in shares of Allegion during the third quarter worth $413,000. Compass Wealth Management LLC acquired a new position in shares of Allegion in the 3rd quarter valued at $124,000. NBT Bank N.A. acquired a new position in shares of Allegion in the 3rd quarter valued at $2,738,000. SBI Securities Co. Ltd. boosted its position in shares of Allegion by 3,589.7% in the 3rd quarter. SBI Securities Co. Ltd. now owns 1,070 shares of the scientific and technical instruments company’s stock valued at $165,000 after purchasing an additional 1,041 shares during the period. Finally, Pinnacle Bancorp Inc. increased its stake in Allegion by 1,212.5% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 2,100 shares of the scientific and technical instruments company’s stock worth $323,000 after purchasing an additional 1,940 shares in the last quarter. 92.21% of the stock is owned by institutional investors.

Allegion Price Performance

ALLE opened at $178.95 on Friday. The stock has a fifty day moving average of $156.32 and a 200-day moving average of $146.36. The firm has a market capitalization of $15.22 billion, a P/E ratio of 22.29, a PEG ratio of 3.58 and a beta of 0.81. Allegion PLC has a 12-month low of $125.00 and a 12-month high of $183.11. The company has a quick ratio of 1.23, a current ratio of 1.90 and a debt-to-equity ratio of 0.94.

Allegion (NYSE:ALLE) last issued its earnings results on Thursday, October 22nd. The scientific and technical instruments company reported $2.60 EPS for the quarter, topping the consensus estimate of $2.50 by $0.10. Allegion had a return on equity of 35.52% and a net margin of 15.74%. The business had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.14 billion. During the same quarter last year, the firm posted $2.30 earnings per share. Allegion’s revenue was up 9.6% compared to the same quarter last year. Equities analysts forecast that Allegion PLC will post 9.04 EPS for the current fiscal year.

Allegion Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were paid a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Tuesday, September 15th. Allegion’s dividend payout ratio is currently 27.40%.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Robert W. Baird set a $196.00 price objective on Allegion in a report on Friday. JPMorgan Chase & Co. raised their target price on shares of Allegion from $170.00 to $183.00 and gave the stock a “neutral” rating in a report on Friday. Mizuho set a $180.00 target price on shares of Allegion in a research report on Friday. Weiss Ratings raised shares of Allegion from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Finally, Bank of America upgraded shares of Allegion from a “neutral” rating to a “buy” rating and boosted their price target for the company from $164.00 to $200.00 in a report on Friday. Four investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Allegion presently has an average rating of “Moderate Buy” and an average target price of $173.56.

Key Stories Impacting Allegion

Here are the key news stories impacting Allegion this week:

• Positive Sentiment: Q3 earnings and revenue beat estimates. Allegion reported adjusted earnings of $2.60 per share versus the $2.50 consensus, while revenue rose 9.6% year over year to $1.17 billion, ahead of the $1.14 billion estimate. Allegion Q3 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management raised full-year guidance. Allegion now expects 2026 adjusted EPS of $9.05–$9.10, above the roughly $8.96 consensus, and revenue of approximately $4.5 billion versus estimates near $4.4 billion. Its reported revenue-growth outlook was raised to 9.5%–10.5%. Allegion Raises 2026 Adjusted EPS Outlook
• Positive Sentiment: Americas demand is driving the recovery. Low-double-digit organic growth in Americas non-residential markets, combined with margin expansion, helped offset weaker international performance and strengthened confidence in volume growth. Allegion Key Takeaways for Long-Term Investors
• Positive Sentiment: Analyst sentiment improved. Bank of America upgraded Allegion to Buy from Neutral and lifted its price target to $200 from $164. JPMorgan raised its target to $183, while Morgan Stanley increased its target to $170. BofA said improving volumes could support a further valuation re-rating. B of A Securities Upgrades Allegion

Insider Buying and Selling

In other Allegion news, SVP Vincent Wenos sold 1,000 shares of Allegion stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $168.25, for a total transaction of $168,250.00. Following the transaction, the senior vice president owned 12,096 shares of the company’s stock, valued at $2,035,152. The trade was a 7.64% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Timothy Eckersley sold 6,417 shares of Allegion 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 approximately $4,705,061.94. This trade represents a 17.66% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.64% of the company’s stock.

Allegion Profile

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.