Allegion PLC $ALLE Shares Purchased by Signaturefd LLC

Signaturefd LLC boosted its stake in Allegion PLC (NYSE:ALLE – Free Report) by 1,666.6% during the third quarter, Holdings Channel.com reports. The institutional investor owned 23,107 shares of the scientific and technical instruments company’s stock after acquiring an additional 21,799 shares during the period. Signaturefd LLC’s holdings in Allegion were worth $3,553,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Wealth Alliance LLC increased its position in Allegion by 4.5% during the first quarter. Wealth Alliance LLC now owns 2,644 shares of the scientific and technical instruments company’s stock worth $384,000 after buying an additional 114 shares in the last quarter. OLD National Bancorp IN lifted its position in shares of Allegion by 6.2% in the first quarter. OLD National Bancorp IN now owns 1,973 shares of the scientific and technical instruments company’s stock valued at $287,000 after acquiring an additional 116 shares in the last quarter. Allworth Financial LP lifted its position in shares of Allegion by 9.5% in the second quarter. Allworth Financial LP now owns 1,368 shares of the scientific and technical instruments company’s stock valued at $192,000 after acquiring an additional 119 shares in the last quarter. Turtle Creek Wealth Advisors LLC lifted its position in shares of Allegion by 7.9% in the first quarter. Turtle Creek Wealth Advisors LLC now owns 1,831 shares of the scientific and technical instruments company’s stock valued at $266,000 after acquiring an additional 134 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its stake in shares of Allegion by 6.5% during the second quarter. NewEdge Advisors LLC now owns 2,274 shares of the scientific and technical instruments company’s stock valued at $319,000 after acquiring an additional 138 shares during the last quarter. Institutional investors and hedge funds own 92.21% of the company’s stock.

More Allegion News

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 at Allegion

In related news, Director Steven Mizell acquired 170 shares of the stock in a transaction dated Friday, August 28th. The stock was bought at an average cost of $158.28 per share, with a total value of $26,907.60. Following the purchase, the director directly owned 5,899 shares of the company’s stock, valued at approximately $933,693.72. This represents a 2.97% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Vincent Wenos sold 1,000 shares of the company’s stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $168.25, for a total value of $168,250.00. Following the sale, the senior vice president owned 12,096 shares of the company’s stock, valued at approximately $2,035,152. The trade was a 7.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.64% of the stock is owned by insiders.

Allegion Price Performance

ALLE opened at $178.95 on Monday. Allegion PLC has a 1 year low of $125.00 and a 1 year high of $183.11. The company’s 50 day simple moving average is $156.32 and its 200 day simple moving average is $146.40. The stock has a market capitalization of $15.09 billion, a PE ratio of 22.29, a P/E/G ratio of 3.59 and a beta of 0.81. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.24 and a current ratio of 1.90.

Allegion (NYSE:ALLE – Get Free Report) last issued its quarterly 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 net margin of 15.74% and a return on equity of 35.52%. The firm had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.14 billion. During the same quarter in the prior 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. As a group, sell-side analysts expect that Allegion PLC will post 9.04 EPS for the current year.

Allegion Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were issued a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Tuesday, September 15th. Allegion’s dividend payout ratio (DPR) is 27.40%.

Analysts Set New Price Targets

A number of research firms recently commented on ALLE. Mizuho set a $180.00 price objective on Allegion in a research report on Friday. Bank of America raised shares of Allegion from a “neutral” rating to a “buy” rating and boosted their target price for the company from $164.00 to $200.00 in a research note on Friday. Weiss Ratings upgraded shares of Allegion from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, October 8th. Evercore restated an “outperform” rating and issued a $180.00 target price on shares of Allegion in a report on Tuesday, September 22nd. Finally, JPMorgan Chase & Co. raised their price target on shares of Allegion from $170.00 to $183.00 and gave the stock a “neutral” rating in a research note on Friday. Four investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $173.56.

View Our Latest Stock Analysis on ALLE

About Allegion

(Free Report)

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.

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Institutional Ownership by Quarter for Allegion (NYSE:ALLE)

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