Zacks Research Brokers Boost Earnings Estimates for Allegion

Allegion PLC (NYSE:ALLE) – Analysts at Zacks Research increased their FY2026 EPS estimates for shares of Allegion in a report released on Thursday, October 15th. Zacks Research analyst Team now expects that the scientific and technical instruments company will post earnings of $8.92 per share for the year, up from their prior estimate of $8.91. The consensus estimate for Allegion’s current full-year earnings is $8.94 per share. Zacks Research also issued estimates for Allegion’s Q4 2026 earnings at $2.25 EPS, Q1 2027 earnings at $2.07 EPS, Q2 2027 earnings at $2.46 EPS, FY2027 earnings at $9.49 EPS, Q2 2028 earnings at $2.63 EPS and FY2028 earnings at $10.33 EPS.

Allegion (NYSE:ALLE) last issued its quarterly earnings results on Thursday, July 23rd. The scientific and technical instruments company reported $2.40 earnings per share for the quarter, topping analysts’ consensus estimates of $2.22 by $0.18. The company had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.12 billion. Allegion had a net margin of 15.36% and a return on equity of 35.41%. The business’s revenue for the quarter was up 12.7% compared to the same quarter last year. During the same period in the prior year, the business posted $2.04 EPS. Allegion has set its FY 2026 guidance at 8.850-9.000 EPS.

Several other equities research analysts have also recently commented on ALLE. Evercore reissued an “outperform” rating and set a $180.00 target price on shares of Allegion in a report on Tuesday, September 22nd. Weiss Ratings upgraded Allegion from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Robert W. Baird set a $170.00 price target on Allegion in a research note on Friday, July 24th. Finally, JPMorgan Chase & Co. increased their price target on Allegion from $150.00 to $170.00 and gave the company a “neutral” rating in a research note on Friday, July 24th. Three investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $162.50.

Allegion Trading Up 2.0%

Allegion stock opened at $155.52 on Friday. Allegion has a 12-month low of $125.00 and a 12-month high of $183.11. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.93 and a quick ratio of 1.23. The stock has a market capitalization of $13.23 billion, a PE ratio of 20.41, a price-to-earnings-growth ratio of 3.10 and a beta of 0.81. The firm has a 50 day simple moving average of $156.67 and a 200-day simple moving average of $145.50.

Institutional Trading of Allegion

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Continuum Advisory LLC bought a new stake in Allegion during the second quarter worth approximately $25,000. Elevation Wealth Partners LLC grew its position in Allegion by 1,666.7% in the second quarter. Elevation Wealth Partners LLC now owns 212 shares of the scientific and technical instruments company’s stock worth $30,000 after buying an additional 200 shares during the last quarter. J.Safra Asset Management Corp acquired a new position in Allegion in the second quarter worth approximately $42,000. Ameritas Advisory Services LLC bought a new position in shares of Allegion in the second quarter valued at $44,000. Finally, Blue Trust Inc. increased its holdings in shares of Allegion by 105.1% in the first quarter. Blue Trust Inc. now owns 771 shares of the scientific and technical instruments company’s stock valued at $112,000 after buying an additional 395 shares in the last quarter. 92.21% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Allegion

In other Allegion news, CAO Nickolas Musial sold 687 shares of the company’s stock in a transaction dated Thursday, July 23rd. The shares were sold at an average price of $155.00, for a total value of $106,485.00. Following the completion of the sale, the chief accounting officer directly owned 6,798 shares of the company’s stock, valued at approximately $1,053,690. This represents a 9.18% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Vincent Wenos sold 1,000 shares of the firm’s stock in a transaction dated Thursday, August 6th. The shares were 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 approximately $2,035,152. This trade represents a 7.64% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 11,288 shares of company stock valued at $1,764,593 in the last quarter. 0.64% of the stock is owned by company insiders.

Allegion Announces Dividend

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

Allegion News Roundup

Here are the key news stories impacting Allegion this week:

• Positive Sentiment: Zacks Research raised EPS estimates across multiple periods. The firm increased its forecasts for Q4 2026 to $2.25, FY2026 to $8.92, FY2027 to $9.49 and FY2028 to $10.33. It also lifted estimates for Q1 2027, Q2 2027 and Q2 2028 by $0.01 each, indicating slightly stronger expectations for Allegion’s future earnings growth. Allegion earnings estimate updates
• Positive Sentiment: Analysts expect a potential earnings beat. Zacks said Allegion has favorable characteristics ahead of its upcoming quarterly report, which could support the stock if the company exceeds consensus expectations. The current full-year consensus is $8.94 per share. Allegion earnings expectations
• Neutral Sentiment: The next earnings report is the key near-term catalyst. Allegion is projected to report quarterly results on Thursday, making the company’s guidance, revenue performance and outlook more important than the small analyst-estimate revisions. Allegion projected earnings date
• Negative Sentiment: Relative performance remains a concern. Although Allegion shares posted a gain Thursday, they lagged several competitors. With the stock trading near its 50-day average and at a forward earnings valuation that leaves less room for disappointment, investors may demand strong results or guidance to sustain momentum. Allegion relative stock performance

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.