Allegion (NYSE:ALLE) Announces FY 2026 Earnings Guidance

Allegion (NYSE:ALLE) updated its FY 2026 earnings guidance on Friday morning. The company provided earnings per share guidance of 9.050-9.100 for the period, compared to the consensus earnings per share estimate of 8.960. The company issued revenue guidance of $4.5 billion, compared to the consensus revenue estimate of $4.4 billion.

Analysts Set New Price Targets

ALLE has been the subject of a number of recent analyst reports. Mizuho set a $180.00 price target on Allegion in a report on Friday. Bank of America raised Allegion from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $164.00 to $200.00 in a research note on Friday. Evercore restated an “outperform” rating and set a $180.00 target price on shares of Allegion in a report on Tuesday, September 22nd. JPMorgan Chase & Co. increased their target price on Allegion from $170.00 to $183.00 and gave the stock a “neutral” rating in a report on Friday. Finally, Robert W. Baird set a $196.00 target price on Allegion in a research note on Friday. Four analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Allegion presently has an average rating of “Moderate Buy” and a consensus target price of $173.56.

Allegion Price Performance

ALLE opened at $178.95 on Friday. Allegion has a one year low of $125.00 and a one year high of $183.11. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.90 and a quick ratio of 1.23. The company’s 50 day simple moving average is $156.32 and its 200-day simple moving average is $146.36. The stock has a market capitalization of $15.22 billion, a P/E ratio of 22.29, a price-to-earnings-growth ratio of 3.58 and a beta of 0.81.

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

Allegion Dividend Announcement

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

Insider Activity

In related news, SVP Vincent Wenos sold 1,000 shares of the firm’s stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $168.25, for a total value of $168,250.00. Following the transaction, the senior vice president owned 12,096 shares in the company, valued at $2,035,152. This trade represents a 7.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Timothy P. Eckersley sold 6,417 shares of Allegion stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $157.26, for a total value of $1,009,137.42. Following the completion of the sale, the senior vice president owned 29,919 shares of the company’s stock, valued at approximately $4,705,061.94. The trade was a 17.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.64% of the stock is currently owned by insiders.

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

Allegion Company 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.