Sowell Financial Services LLC Buys 10,581 Shares of Allegion PLC $ALLE

Sowell Financial Services LLC purchased a new position in Allegion PLC (NYSE:ALLE) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 10,581 shares of the scientific and technical instruments company’s stock, valued at approximately $1,627,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Continuum Advisory LLC purchased a new position in shares of Allegion in the second quarter valued at about $25,000. Elevation Wealth Partners LLC boosted its stake in shares of 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 acquiring an additional 200 shares during the period. J.Safra Asset Management Corp bought a new position in shares of Allegion in the second quarter worth about $42,000. Ameritas Advisory Services LLC bought a new position in shares of Allegion in the second quarter worth about $44,000. Finally, Brown Lisle Cummings Inc. grew its position in shares of Allegion by 14,733.3% during the third quarter. Brown Lisle Cummings Inc. now owns 445 shares of the scientific and technical instruments company’s stock worth $68,000 after purchasing an additional 442 shares in the last quarter. 92.21% of the stock is owned by institutional investors.

Key Allegion News

Here are the key news stories impacting Allegion this week:

• Positive Sentiment: Q3 results exceeded expectations: Allegion reported adjusted earnings of $2.60 per share, above the $2.50 consensus estimate, while revenue reached $1.17 billion versus expectations of $1.14 billion. Revenue grew 9.6% year over year, and earnings increased from $2.30 per share in the prior-year quarter. Allegion third-quarter earnings report
• Positive Sentiment: Guidance was raised: Management increased its 2026 adjusted EPS outlook to $9.05-$9.10, signaling confidence in continued operating momentum and margin expansion. The company also raised its full-year revenue outlook. Allegion raises 2026 earnings outlook
• Positive Sentiment: Americas demand remained strong: The earnings call highlighted robust growth in the Americas, with non-residential activity helping offset pressure in other regions. This regional strength was the main reason investors responded favorably to the report. Allegion earnings call highlights
• Neutral Sentiment: Allegion Ventures made a follow-on investment in Ambient.ai, a company developing agentic physical-security technology. The investment supports Allegion’s longer-term innovation strategy but is unlikely to materially affect near-term earnings. Allegion Ventures investment in Ambient.ai
• Negative Sentiment: International markets remained comparatively weak, creating an offset to the Americas-led performance and representing a risk to the company’s growth outlook if the softness persists.

Insider Transactions at Allegion

In other Allegion news, SVP Vincent Wenos sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $168.25, for a total transaction of $168,250.00. Following the completion of 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 position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Steven Mizell purchased 170 shares of the business’s stock in a transaction on Friday, August 28th. The shares were purchased at an average price of $158.28 per share, with a total value of $26,907.60. Following the acquisition, the director directly owned 5,899 shares in the company, valued at $933,693.72. This represents a 2.97% 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 Stock Performance

Shares of NYSE ALLE opened at $176.01 on Friday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.23 and a current ratio of 1.93. The company has a market cap of $14.97 billion, a P/E ratio of 23.10, a P/E/G ratio of 3.23 and a beta of 0.81. The firm’s fifty day moving average is $156.04 and its two-hundred day moving average is $146.13. Allegion PLC has a 52-week low of $125.00 and a 52-week high of $183.11.

Allegion (NYSE:ALLE) last announced 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 15.36% and a return on equity of 35.41%. The business had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.14 billion. During the same quarter in the previous year, the company earned $2.30 EPS. The business’s quarterly revenue was up 9.6% compared to the same quarter last year. As a group, analysts anticipate that Allegion PLC will post 8.94 EPS for the current fiscal year.

Allegion Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were issued a $0.55 dividend. 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 payout ratio is 28.87%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Robert W. Baird set a $170.00 target price on Allegion in a research note on Friday, July 24th. Weiss Ratings raised Allegion from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, October 8th. JPMorgan Chase & Co. upped their price target on Allegion from $150.00 to $170.00 and gave the stock a “neutral” rating in a research note on Friday, July 24th. Finally, Evercore reaffirmed an “outperform” rating and set a $180.00 price objective on shares of Allegion in a report on Tuesday, September 22nd. Three analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, Allegion presently has a consensus rating of “Hold” and an average price target of $162.50.

About Allegion

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.