Thrivent Financial for Lutherans Has $3.68 Million Stock Holdings in Allegion PLC $ALLE

Thrivent Financial for Lutherans raised its stake in Allegion PLC (NYSE:ALLE) by 50.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,115 shares of the scientific and technical instruments company’s stock after acquiring an additional 7,776 shares during the period. Thrivent Financial for Lutherans’ holdings in Allegion were worth $3,683,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Oregon Public Employees Retirement Fund raised its holdings in Allegion by 0.6% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 9,817 shares of the scientific and technical instruments company’s stock valued at $1,563,000 after acquiring an additional 59 shares in the last quarter. Diversify Advisory Services LLC raised its holdings in Allegion by 2.7% in the 3rd quarter. Diversify Advisory Services LLC now owns 2,308 shares of the scientific and technical instruments company’s stock valued at $380,000 after acquiring an additional 60 shares in the last quarter. D.A. Davidson & CO. raised its holdings in Allegion by 4.1% in the 4th quarter. D.A. Davidson & CO. now owns 1,612 shares of the scientific and technical instruments company’s stock valued at $257,000 after acquiring an additional 63 shares in the last quarter. Banque de Luxembourg S.A. raised its holdings in Allegion by 0.3% in the 4th quarter. Banque de Luxembourg S.A. now owns 22,294 shares of the scientific and technical instruments company’s stock valued at $3,550,000 after acquiring an additional 65 shares in the last quarter. Finally, Syon Capital LLC raised its holdings in Allegion by 3.3% in the 3rd quarter. Syon Capital LLC now owns 2,085 shares of the scientific and technical instruments company’s stock valued at $370,000 after acquiring an additional 67 shares in the last quarter. 92.21% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have weighed in on ALLE. Wells Fargo & Company dropped their price objective on Allegion from $175.00 to $155.00 and set an “equal weight” rating for the company in a report on Wednesday, April 1st. Robert W. Baird set a $165.00 price objective on Allegion in a report on Wednesday, April 29th. Evercore upgraded Allegion to a “strong-buy” rating in a research note on Monday, April 13th. Weiss Ratings lowered Allegion from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 1st. Finally, Barclays decreased their price target on Allegion from $165.00 to $161.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $161.50.

Insiders Place Their Bets

In related news, SVP Robert C. Martens sold 3,993 shares of the business’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $137.15, for a total transaction of $547,639.95. Following the sale, the senior vice president owned 8,570 shares in the company, valued at $1,175,375.50. The trade was a 31.78% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Sue Main acquired 2,000 shares of Allegion stock in a transaction that occurred on Wednesday, March 11th. The shares were purchased at an average price of $149.61 per share, for a total transaction of $299,220.00. Following the transaction, the director directly owned 2,000 shares in the company, valued at $299,220. The trade was a ? increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders own 0.64% of the company’s stock.

Allegion Trading Down 0.2%

Shares of ALLE opened at $130.50 on Friday. The firm has a market cap of $11.21 billion, a price-to-earnings ratio of 17.83, a PEG ratio of 2.72 and a beta of 0.89. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.19 and a current ratio of 1.91. The business’s fifty day moving average is $140.34 and its 200-day moving average is $155.33. Allegion PLC has a 52-week low of $125.00 and a 52-week high of $183.11.

Allegion (NYSE:ALLE) last issued its quarterly earnings data on Tuesday, April 28th. The scientific and technical instruments company reported $1.80 EPS for the quarter, missing the consensus estimate of $1.88 by ($0.08). The company had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.03 billion. Allegion had a net margin of 15.24% and a return on equity of 35.41%. Allegion’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same period in the previous year, the company earned $1.86 EPS. Allegion has set its FY 2026 guidance at 8.700-8.900 EPS. Equities analysts anticipate that Allegion PLC will post 8.74 EPS for the current fiscal year.

Allegion Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a dividend of $0.55 per share. The ex-dividend date is Monday, June 15th. This represents a $2.20 dividend on an annualized basis and a yield of 1.7%. Allegion’s payout ratio is currently 30.05%.

Allegion announced that its Board of Directors has authorized a share repurchase program on Tuesday, April 28th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the scientific and technical instruments company to reacquire up to 3.9% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s leadership believes its stock is undervalued.

Key Stories Impacting Allegion

Here are the key news stories impacting Allegion this week:

• Positive Sentiment: Zacks Research raised its earnings estimates across multiple periods for Allegion, including FY2026 to $8.72, FY2027 to $9.20, and FY2028 to $10.01, signaling expectations for continued earnings growth. Allegion stock page
• Positive Sentiment: The firm also lifted quarterly forecasts for Q2 2026, Q3 2026, Q4 2026, Q1 2027, Q2 2027, Q3 2027, Q4 2027, and Q1 2028, suggesting analysts see steady operating momentum ahead. Allegion stock page
• Neutral Sentiment: The updates were incremental rather than dramatic, so they are more likely to modestly support sentiment than trigger a major re-rating on their own. Allegion stock page
• Negative Sentiment: Despite the improved estimates, Allegion has recently been trading well below its 50-day and 200-day moving averages, indicating the stock still faces broader technical pressure. Allegion stock page

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.