Federated Hermes Inc. Acquires 64,604 Shares of Allegion PLC $ALLE

Federated Hermes Inc. lifted its holdings in Allegion PLC (NYSE:ALLE) by 1,747.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 68,300 shares of the scientific and technical instruments company’s stock after buying an additional 64,604 shares during the period. Federated Hermes Inc. owned about 0.08% of Allegion worth $12,113,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Truist Financial Corp raised its position in Allegion by 16.2% during the third quarter. Truist Financial Corp now owns 74,244 shares of the scientific and technical instruments company’s stock valued at $13,167,000 after purchasing an additional 10,367 shares during the period. Vanguard Personalized Indexing Management LLC raised its holdings in Allegion by 9.9% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 6,984 shares of the scientific and technical instruments company’s stock valued at $1,240,000 after buying an additional 631 shares during the period. GHP Investment Advisors Inc. raised its holdings in Allegion by 67.3% during the 3rd quarter. GHP Investment Advisors Inc. now owns 23,735 shares of the scientific and technical instruments company’s stock valued at $4,209,000 after buying an additional 9,549 shares during the period. Emergent Wealth Advisors LLC bought a new stake in Allegion in the third quarter worth $201,000. Finally, Tranquilli Financial Advisor LLC boosted its stake in Allegion by 11.1% during the third quarter. Tranquilli Financial Advisor LLC now owns 2,391 shares of the scientific and technical instruments company’s stock worth $424,000 after buying an additional 239 shares during the period. Hedge funds and other institutional investors own 92.21% of the company’s stock.

Key Headlines Impacting Allegion

Here are the key news stories impacting Allegion this week:

• Positive Sentiment: Zacks Research raised several near‑term and FY EPS estimates for ALLE (small but consistent increases to Q2–Q4 2026 and Q1–Q4 2027 and FY2026–FY2027), signaling modestly better forward earnings visibility and supporting the rally.
• Positive Sentiment: Analysts also bumped FY2025 and FY2026 estimates (and repeatedly lifted quarterly estimates for Q3/Q4 2025–2027), suggesting incremental improvement in expected profitability across multiple periods — a positive catalyst for valuation re‑rating.
• Positive Sentiment: The security & safety industry outlook was highlighted in a Zacks commentary that names Allegion among four stocks positioned to benefit from durable product demand and R&D tailwinds, which can attract sector flows and investor interest. 4 Security & Safety Stocks to Consider on Prospering Industry Trends

Allegion Stock Up 0.6%

Shares of NYSE ALLE opened at $165.37 on Friday. Allegion PLC has a 12-month low of $116.57 and a 12-month high of $180.68. The stock’s fifty day simple moving average is $162.61 and its two-hundred day simple moving average is $166.78. The stock has a market capitalization of $14.23 billion, a PE ratio of 22.38, a price-to-earnings-growth ratio of 3.00 and a beta of 1.04. The company has a current ratio of 1.77, a quick ratio of 1.11 and a debt-to-equity ratio of 1.06.

Allegion Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 16th were issued a $0.51 dividend. The ex-dividend date was Tuesday, December 16th. This represents a $2.04 dividend on an annualized basis and a yield of 1.2%. Allegion’s payout ratio is currently 27.60%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on ALLE shares. Wells Fargo & Company restated a “positive” rating on shares of Allegion in a report on Tuesday, December 16th. Weiss Ratings reissued a “buy (b)” rating on shares of Allegion in a research note on Wednesday, January 21st. Robert W. Baird upped their target price on Allegion from $175.00 to $190.00 and gave the company a “neutral” rating in a research note on Tuesday, October 21st. Finally, Barclays decreased their price target on Allegion from $187.00 to $180.00 and set an “equal weight” rating for the company in a research note on Wednesday, January 7th. Three research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $174.25.

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.