Allegion PLC (NYSE:ALLE) Stock Has Consensus Price Target of $173.56

Allegion PLC (NYSE:ALLE) has been assigned a consensus rating of “Moderate Buy” from the nine research firms that are currently covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $179.60.

Several brokerages recently issued reports on ALLE. JPMorgan Chase & Co. upped their price target on shares of Allegion from $170.00 to $183.00 and gave the stock a “neutral” rating in a research report on Friday, October 23rd. Morgan Stanley set a $170.00 price objective on shares of Allegion in a research report on Monday. Robert W. Baird set a $196.00 price objective on shares of Allegion in a research report on Friday, October 23rd. Mizuho set a $180.00 target price on shares of Allegion in a research note on Friday, October 23rd. Finally, The Goldman Sachs Group upped their target price on shares of Allegion from $182.00 to $206.00 and gave the stock a “buy” rating in a research report on Monday.

Allegion Stock Up 0.1%

NYSE ALLE opened at $180.71 on Friday. The firm has a market cap of $15.24 billion, a PE ratio of 22.50, a price-to-earnings-growth ratio of 3.59 and a beta of 0.81. Allegion has a one year low of $125.00 and a one year high of $183.11. The stock’s 50 day simple moving average is $157.52 and its 200 day simple moving average is $150.56. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.90 and a quick ratio of 1.24.

Allegion (NYSE:ALLE) last issued its quarterly earnings data on Thursday, October 22nd. The scientific and technical instruments company reported $2.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.50 by $0.10. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.14 billion. Allegion had a return on equity of 35.52% and a net margin of 15.74%. The business’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.30 EPS. As a group, sell-side analysts forecast that Allegion will post 9.10 earnings per share for the current fiscal year.

Allegion Dividend Announcement

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

Trending Headlines about Allegion

Here are the key news stories impacting Allegion this week:

• Positive Sentiment: Allegion Ventures made its second strategic investment in Ambient.ai, an artificial-intelligence company focused on video intelligence for security applications. The investment supports Allegion’s strategy of expanding connected, intelligent access-control solutions, though the immediate financial impact was not disclosed. Allegion Ventures Makes Second Strategic Investment in Ambient.ai
• Positive Sentiment: Recent quarterly results exceeded expectations, with adjusted earnings per share of $2.60 versus the $2.50 consensus and revenue of $1.17 billion versus $1.14 billion expected. Revenue increased 9.6% year over year, while management raised its 2026 revenue-growth outlook to 9.5%–10.5% and adjusted EPS guidance to $9.05–$9.10. Americas growth of approximately 12%, supported by nonresidential construction and data-center demand, is driving optimism. Allegion Raised 2026 Forecast
• Positive Sentiment: Zacks upgraded Allegion to Rank #2 (Buy), citing stronger earnings prospects. Other coverage highlighted broker-rating upgrades and expectations for solid 2026 earnings growth, which could support continued investor interest. What Makes Allegion a New Buy Stock
• Positive Sentiment: At ISC East 2026, Allegion showcased integrated hardware, cloud-connected and mobile access-control products, reinforcing its push toward higher-value electronic security offerings. Allegion Showcases Access Control at ISC East
• Neutral Sentiment: Analyst commentary remains broadly constructive, but some investors argue that strong Americas growth and the improved outlook are already reflected in the share valuation. International markets, particularly Germany, remain weak. Allegion Solid Americas Growth
• Negative Sentiment: Two senior vice presidents sold a combined 10,833 shares worth approximately $1.94 million, reducing their holdings by 28.24% and 22.41%, respectively. The sales create a modest insider-selling signal, although the filings do not explain the transactions. SEC Insider Sale Filing

Insider Transactions at Allegion

In other news, Director Steven Mizell bought 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 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 purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Vincent Wenos sold 1,000 shares of the business’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 position. The SEC filing for this sale provides additional information. Insiders sold a total of 11,833 shares of company stock worth $2,104,090 in the last quarter. 0.64% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Allegion

Large investors have recently made changes to their positions in the company. Continuum Advisory LLC bought a new stake in shares of Allegion during the 2nd quarter valued at $25,000. Elevation Wealth Partners LLC lifted its stake in shares of Allegion by 1,666.7% in the 2nd quarter. Elevation Wealth Partners LLC now owns 212 shares of the scientific and technical instruments company’s stock valued at $30,000 after purchasing an additional 200 shares during the period. J.Safra Asset Management Corp bought a new position in shares of Allegion in the 2nd quarter worth $42,000. Ameritas Advisory Services LLC bought a new position in shares of Allegion in the 2nd quarter worth $44,000. Finally, Brown Lisle Cummings Inc. grew its stake 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 during the period. Institutional investors and hedge funds own 92.21% of the company’s stock.

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.