Andra AP fonden Has $2.10 Million Position in Allegion PLC $ALLE

Andra AP fonden cut its stake in shares of Allegion PLC (NYSE:ALLE) by 92.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 14,486 shares of the scientific and technical instruments company’s stock after selling 166,514 shares during the quarter. Andra AP fonden’s holdings in Allegion were worth $2,105,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Oregon Public Employees Retirement Fund grew its holdings in shares of Allegion by 0.6% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 9,817 shares of the scientific and technical instruments company’s stock worth $1,563,000 after purchasing an additional 59 shares during the last quarter. Diversify Advisory Services LLC lifted its holdings in Allegion by 2.7% during the 3rd quarter. Diversify Advisory Services LLC now owns 2,308 shares of the scientific and technical instruments company’s stock valued at $380,000 after purchasing an additional 60 shares during the last quarter. D.A. Davidson & CO. boosted its position in Allegion by 4.1% in the fourth quarter. D.A. Davidson & CO. now owns 1,612 shares of the scientific and technical instruments company’s stock valued at $257,000 after buying an additional 63 shares in the last quarter. Banque de Luxembourg S.A. boosted its position in Allegion by 0.3% in the fourth quarter. Banque de Luxembourg S.A. now owns 22,294 shares of the scientific and technical instruments company’s stock valued at $3,550,000 after buying an additional 65 shares in the last quarter. Finally, Hantz Financial Services Inc. grew its stake in Allegion by 45.9% during the fourth quarter. Hantz Financial Services Inc. now owns 216 shares of the scientific and technical instruments company’s stock worth $34,000 after buying an additional 68 shares during the last quarter. Institutional investors and hedge funds own 92.21% of the company’s stock.

Trending Headlines about Allegion

Here are the key news stories impacting Allegion this week:

• Positive Sentiment: Allegion posted Q2 earnings of $2.40 per share, beating estimates, while revenue of $1.15 billion also topped expectations. Management said organic growth and margin expansion in the Americas drove results. Allegion (NYSE: ALLE) Reports Q2-2026 Financial Results
• Positive Sentiment: The company raised its FY 2026 guidance, now calling for adjusted EPS of $8.85 to $9.00, above Wall Street expectations, signaling confidence in continued demand and profitability. Allegion Q2 Earnings Beat on Americas Growth, Outlook Raised
• Positive Sentiment: Investors are also reacting to commentary that non-residential demand and a stronger second-half outlook could support growth momentum beyond this quarter. Will Upgraded Q2 Outlook and Non-Residential Demand Shift Allegion’s (ALLE) Growth Narrative?
• Neutral Sentiment: Additional coverage highlighted the earnings beat and the company’s improved outlook, reinforcing the positive reaction but not adding materially new information. Allegion: Q2 Earnings Snapshot
• Neutral Sentiment: Several market reports noted ALLE as a standout premarket mover alongside other stocks, reflecting broader investor attention to the earnings release. S&P 500 Futures Fall in Premarket Trading; Medpace Holdings, Allegion Lead

Analysts Set New Price Targets

Several analysts have recently weighed in on ALLE shares. Morgan Stanley dropped their price objective on shares of Allegion from $165.00 to $142.00 and set an “equal weight” rating for the company in a report on Wednesday, June 3rd. Wells Fargo & Company decreased their price target on Allegion from $175.00 to $155.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 1st. Barclays dropped their price target on Allegion from $165.00 to $161.00 and set an “equal weight” rating for the company in a report on Wednesday, April 29th. Weiss Ratings downgraded Allegion from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 29th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and issued a $150.00 price objective (down from $170.00) on shares of Allegion in a research note on Friday, May 15th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $160.89.

Insider Buying and Selling

In other news, SVP Robert C. Martens sold 3,993 shares of Allegion stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $137.15, for a total value of $547,639.95. Following the completion of the sale, the senior vice president directly owned 8,570 shares of the company’s stock, valued at approximately $1,175,375.50. This trade represents a 31.78% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.64% of the company’s stock.

Allegion Price Performance

Shares of ALLE stock opened at $154.43 on Friday. Allegion PLC has a 1 year low of $125.00 and a 1 year high of $183.11. 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’s 50 day moving average is $134.25 and its 200-day moving average is $146.77. The firm has a market capitalization of $13.27 billion, a price-to-earnings ratio of 21.10, a PEG ratio of 2.90 and a beta of 0.85.

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, beating analysts’ consensus estimates of $2.22 by $0.18. Allegion had a net margin of 15.24% and a return on equity of 35.41%. The business had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.12 billion. During the same quarter last year, the business posted $2.04 earnings per share. Allegion’s revenue for the quarter was up 12.7% compared to the same quarter last year. Allegion has set its FY 2026 guidance at 8.850-9.000 EPS. Sell-side analysts forecast that Allegion PLC will post 8.75 EPS for the current fiscal year.

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

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.