Allegion (NYSE:ALLE) Releases FY 2026 Earnings Guidance

Allegion (NYSE:ALLE) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 8.850-9.000 for the period, compared to the consensus estimate of 8.770. The company issued revenue guidance of $4.4 billion-$4.4 billion, compared to the consensus revenue estimate of $4.4 billion.

Allegion Price Performance

NYSE ALLE opened at $155.93 on Thursday. Allegion has a 12-month low of $125.00 and a 12-month high of $183.11. The firm’s fifty day simple moving average is $133.79 and its two-hundred day simple moving average is $146.82. The company has a current ratio of 1.91, a quick ratio of 1.19 and a debt-to-equity ratio of 0.97. The firm has a market capitalization of $13.40 billion, a P/E ratio of 21.02, a P/E/G ratio of 2.85 and a beta of 0.85.

Allegion (NYSE:ALLE) last announced its earnings results on Thursday, July 23rd. The scientific and technical instruments company reported $2.40 earnings per share for the quarter, topping the consensus estimate of $2.22 by $0.18. Allegion had a return on equity of 35.41% and a net margin of 15.24%.The firm had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.12 billion. During the same period in the previous year, the business earned $2.04 EPS. The firm’s revenue for the quarter was up 12.7% on a year-over-year basis. Allegion has set its FY 2026 guidance at 8.850-9.000 EPS. Analysts forecast that Allegion will post 8.74 EPS for the current fiscal year.

Allegion declared that its board has initiated a stock buyback plan on Tuesday, April 28th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the scientific and technical instruments company to reacquire up to 3.9% of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

Analysts Set New Price Targets

ALLE has been the subject of a number of recent analyst reports. Barclays lowered their target price on shares of Allegion from $165.00 to $161.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 29th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $150.00 target price (down from $170.00) on shares of Allegion in a research note on Friday, May 15th. Evercore upgraded Allegion to a “strong-buy” rating in a research report on Monday, April 13th. Weiss Ratings cut Allegion from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 29th. 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 report on Wednesday, April 1st. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Allegion currently has an average rating of “Hold” and a consensus price target of $160.89.

Insider Transactions at Allegion

In other Allegion news, SVP Robert C. Martens sold 3,993 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $137.15, for a total value of $547,639.95. Following the completion of the transaction, the senior vice president owned 8,570 shares of the company’s stock, valued at $1,175,375.50. This trade represents a 31.78% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.64% of the stock is currently owned by company insiders.

Key Stories Impacting Allegion

Here are the key news stories impacting Allegion this week:

• Positive Sentiment: Allegion reported Q2 adjusted EPS of $2.40, topping estimates, while revenue of $1.15 billion also beat expectations; the company said the quarter was driven by organic growth and margin expansion in the Americas. Allegion Reports Q2-2026 Financial Results
• Positive Sentiment: The company raised its FY 2026 EPS guidance to $8.85-$9.00, above the consensus estimate, signaling management confidence in continued demand and profitability. Allegion Reports Q2-2026 Financial Results
• Positive Sentiment: Several market reports highlighted that Allegion’s strong Q2 performance and upgraded outlook are strengthening the company’s growth narrative, with non-residential demand appearing to support results. Will Upgraded Q2 Outlook and Non-Residential Demand Shift Allegion’s (ALLE) Growth Narrative?
• Neutral Sentiment: Pre-market coverage noted Allegion among the S&P 500 names moving on earnings, reflecting investor focus on the report rather than any new negative company-specific issue. S&P 500 Futures Fall in Premarket Trading; Medpace Holdings, Allegion Lead

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. CYBER HORNET ETFs LLC acquired a new position in shares of Allegion during the second quarter worth $33,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Allegion during the 3rd quarter worth about $36,000. MUFG Securities EMEA plc acquired a new position in Allegion in the second quarter valued at approximately $37,000. Quarry LP purchased a new stake in Allegion in the third quarter valued at $64,000. Finally, Transamerica Financial Advisors LLC raised its holdings in shares of Allegion by 53,300.0% in the second quarter. Transamerica Financial Advisors LLC now owns 534 shares of the scientific and technical instruments company’s stock valued at $77,000 after buying an additional 533 shares during the last quarter. Hedge funds and other institutional investors own 92.21% of the company’s stock.

Allegion Company Profile

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.