ABN Amro Investment Solutions Makes New Investment in Allegion PLC $ALLE

ABN Amro Investment Solutions bought a new position in shares of Allegion PLC (NYSE:ALLE) during the 1st quarter, HoldingsChannel.com reports. The institutional investor bought 16,156 shares of the scientific and technical instruments company’s stock, valued at approximately $2,347,000.

A number of other institutional investors have also recently modified their holdings of ALLE. Kingsview Wealth Management LLC purchased a new stake in Allegion in the fourth quarter worth about $2,833,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in Allegion by 5.6% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 181,501 shares of the scientific and technical instruments company’s stock valued at $29,205,000 after purchasing an additional 9,598 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in Allegion by 793.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 45,002 shares of the scientific and technical instruments company’s stock valued at $7,165,000 after purchasing an additional 39,964 shares during the period. SG Americas Securities LLC raised its holdings in shares of Allegion by 2,028.5% in the 4th quarter. SG Americas Securities LLC now owns 193,651 shares of the scientific and technical instruments company’s stock valued at $30,833,000 after purchasing an additional 184,553 shares in the last quarter. Finally, Thrivent Financial for Lutherans lifted its position in shares of Allegion by 50.7% in the 4th quarter. Thrivent Financial for Lutherans now owns 23,115 shares of the scientific and technical instruments company’s stock worth $3,683,000 after purchasing an additional 7,776 shares during the period. 92.21% of the stock is currently owned by institutional investors and hedge funds.

Allegion Price Performance

Shares of ALLE opened at $154.43 on Friday. The firm has a market capitalization of $13.27 billion, a PE ratio of 21.10, a price-to-earnings-growth ratio of 2.90 and a beta of 0.85. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.91 and a quick ratio of 1.19. Allegion PLC has a 1-year low of $125.00 and a 1-year high of $183.11. The company’s fifty day moving average price is $134.25 and its 200-day moving average price is $146.77.

Allegion (NYSE:ALLE) last issued its earnings results on Thursday, July 23rd. The scientific and technical instruments company reported $2.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.22 by $0.18. The firm had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.12 billion. Allegion had a net margin of 15.24% and a return on equity of 35.41%. The firm’s revenue was up 12.7% compared to the same quarter last year. During the same quarter last year, the company posted $2.04 earnings per share. Allegion has set its FY 2026 guidance at 8.850-9.000 EPS. On average, equities research analysts predict that Allegion PLC will post 8.75 EPS for the current year.

Allegion announced that its Board of Directors has approved a share repurchase program on Tuesday, April 28th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the scientific and technical instruments company to reacquire up to 3.9% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board of directors believes its shares are undervalued.

Analysts Set New Price Targets

A number of research firms have recently issued reports on ALLE. Robert W. Baird set a $165.00 price objective on shares of Allegion in a research note on Wednesday, April 29th. Bank of America reduced their price objective 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. Barclays lowered their target price on Allegion from $165.00 to $161.00 and set an “equal weight” rating for the company in a report on Wednesday, April 29th. Longbow Research raised Allegion from a “neutral” rating to a “buy” rating and set a $165.00 target price on the stock in a research report on Thursday, June 11th. Finally, Evercore upgraded Allegion to a “strong-buy” rating in a report on Monday, April 13th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, Allegion presently has an average rating of “Hold” and an average target price of $160.89.

Key Allegion News

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

Insider Activity at Allegion

In related news, SVP Robert C. Martens sold 3,993 shares of the firm’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $137.15, for a total transaction of $547,639.95. Following the sale, the senior vice president directly owned 8,570 shares of the company’s stock, valued at $1,175,375.50. This trade represents a 31.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.64% of the stock is owned by insiders.

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.