Allegion (NYSE:ALLE) Releases FY 2026 Earnings Guidance

Allegion (NYSE:ALLE) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 8.700-8.900 for the period, compared to the consensus earnings per share estimate of 8.790. The company issued revenue guidance of $4.3 billion-$4.4 billion, compared to the consensus revenue estimate of $4.3 billion.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Bank of America decreased their target price on shares of Allegion from $185.00 to $157.00 and set a “neutral” rating for the company in a research note on Monday, April 20th. JPMorgan Chase & Co. dropped their target price on Allegion from $190.00 to $180.00 and set an “overweight” rating for the company in a report on Wednesday, February 18th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Allegion in a research note on Wednesday, January 21st. Robert W. Baird set a $165.00 price target on Allegion in a research note on Wednesday. Finally, Wells Fargo & Company dropped their price target on Allegion from $175.00 to $155.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 1st. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, Allegion currently has an average rating of “Hold” and a consensus price target of $165.25.

Allegion Price Performance

NYSE ALLE traded up $0.65 during trading on Wednesday, hitting $138.51. 381,825 shares of the company’s stock were exchanged, compared to its average volume of 921,498. The company has a current ratio of 1.84, a quick ratio of 1.16 and a debt-to-equity ratio of 0.96. The company has a market cap of $11.90 billion, a PE ratio of 18.59, a P/E/G ratio of 2.79 and a beta of 1.02. Allegion has a fifty-two week low of $134.67 and a fifty-two week high of $183.11. The stock’s 50 day moving average price is $148.25 and its two-hundred day moving average price is $159.80.

Allegion (NYSE:ALLE) last issued its earnings results on Tuesday, April 28th. The scientific and technical instruments company reported $1.80 EPS for the quarter, missing the consensus estimate of $1.88 by ($0.08). The business had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.10 billion. Allegion had a return on equity of 38.06% and a net margin of 15.83%.The firm’s revenue was up 9.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.86 EPS. Allegion has set its FY 2026 guidance at 8.700-8.900 EPS. Research analysts expect that Allegion will post 8.74 EPS for the current year.

Allegion Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a $0.55 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $2.20 annualized dividend and a dividend yield of 1.6%. Allegion’s dividend payout ratio is currently 29.57%.

Allegion announced that its Board of Directors has approved a stock buyback plan on Tuesday, April 28th that authorizes the company to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the scientific and technical instruments company to purchase up to 3.9% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

Insider Activity at Allegion

In related news, Director Sue Main bought 2,000 shares of Allegion stock in a transaction that occurred on Wednesday, March 11th. The shares were acquired at an average cost of $149.61 per share, for a total transaction of $299,220.00. Following the completion of the acquisition, the director directly owned 2,000 shares of the company’s stock, valued at approximately $299,220. The trade was a ? increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Steven Mizell sold 1,000 shares of the stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $161.51, for a total value of $161,510.00. Following the transaction, the director owned 4,915 shares in the company, valued at $793,821.65. The trade was a 16.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.23% of the company’s stock.

More Allegion News

Here are the key news stories impacting Allegion this week:

• Positive Sentiment: Board authorized a $500 million share buyback (about 3.9% of shares outstanding), a direct capital-return action that typically supports the stock and signals management believes shares are undervalued. RTT News – Buyback
• Positive Sentiment: Revenue grew ~9.7% year?over?year, driven by Americas non?residential and electronics strength — evidence of underlying demand in higher?margin segments. BusinessWire – Q1 Results
• Neutral Sentiment: FY?2026 guidance (EPS $8.70–8.90; revenue ~$4.3–4.4B) was reaffirmed and sits roughly in line with consensus, limiting downside from guidance risk but not providing upside surprise. MarketBeat – Guidance/Transcript
• Neutral Sentiment: Commentary and analysis note a “margin story” and focus around Russell 1000 index dynamics — index flows or rebalancing could add short?term volatility but are not company fundamentals. Kalkine Media – Russell 1000 Focus
• Negative Sentiment: Q1 EPS of $1.80 missed the Street ($1.88) and revenue of $1.03B missed expectations (~$1.10B), reigniting concerns about cost pressures and margin compression. Yahoo Finance – Why ALLE Is Down
• Negative Sentiment: Management flagged rising input costs and softer residential security demand, which pressured profitability and is the main driver of today’s selloff. MSN – Weak Residential Demand

Hedge Funds Weigh In On Allegion

A number of large investors have recently modified their holdings of the company. Compound Planning Inc. lifted its stake in Allegion by 11.5% during the 4th quarter. Compound Planning Inc. now owns 2,515 shares of the scientific and technical instruments company’s stock valued at $400,000 after acquiring an additional 259 shares in the last quarter. Invesco Ltd. lifted its stake in Allegion by 12.7% during the 4th quarter. Invesco Ltd. now owns 1,402,682 shares of the scientific and technical instruments company’s stock valued at $223,335,000 after acquiring an additional 157,724 shares in the last quarter. Corient Private Wealth LLC lifted its stake in Allegion by 143.9% during the 4th quarter. Corient Private Wealth LLC now owns 17,668 shares of the scientific and technical instruments company’s stock valued at $2,813,000 after acquiring an additional 10,425 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its stake in Allegion by 1.8% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 14,775 shares of the scientific and technical instruments company’s stock valued at $2,352,000 after acquiring an additional 257 shares in the last quarter. Finally, Beacon Pointe Advisors LLC lifted its stake in Allegion by 22.1% during the 4th quarter. Beacon Pointe Advisors LLC now owns 1,423 shares of the scientific and technical instruments company’s stock valued at $227,000 after acquiring an additional 258 shares in the last quarter. 92.21% of the stock is currently owned by institutional investors.

About Allegion

Allegion plc (NYSE: ALLE) is a global provider of security products and solutions focused on ensuring the safety and security of people and property. The company was formed in December 2013 through a corporate spin-off from Ingersoll Rand and is head­quartered in Dublin, Ireland. Allegion’s core mission is to deliver innovative mechanical and electronic access control systems for a wide range of end markets, including commercial buildings, residential properties, institutional facilities, and industrial sites.

The company’s product portfolio spans mechanical locksets, door closers, exit devices, key systems and cylinders, as well as a growing suite of electronic and smart access control offerings.