108,154 Allegion PLC $ALLE Shares Sold by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA decreased its position in shares of Allegion PLC (NYSE:ALLE) by 85.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 18,452 shares of the scientific and technical instruments company’s stock after selling 108,154 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Allegion were worth $2,837,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC boosted its stake in shares of Allegion by 326.1% in the 3rd quarter. International Assets Investment Management LLC now owns 12,275 shares of the scientific and technical instruments company’s stock valued at $1,888,000 after purchasing an additional 9,394 shares during the last quarter. Calamos Advisors LLC raised its stake in Allegion by 2.1% during the third quarter. Calamos Advisors LLC now owns 50,352 shares of the scientific and technical instruments company’s stock worth $7,743,000 after buying an additional 1,019 shares during the last quarter. Kestra Advisory Services LLC raised its stake in Allegion by 4,243.3% during the third quarter. Kestra Advisory Services LLC now owns 105,282 shares of the scientific and technical instruments company’s stock worth $16,189,000 after buying an additional 102,858 shares during the last quarter. Platform Technology Partners lifted its holdings in Allegion by 7.6% in the third quarter. Platform Technology Partners now owns 1,854 shares of the scientific and technical instruments company’s stock valued at $285,000 after buying an additional 131 shares during the period. Finally, Inscription Capital LLC lifted its holdings in Allegion by 7.7% in the third quarter. Inscription Capital LLC now owns 3,045 shares of the scientific and technical instruments company’s stock valued at $468,000 after buying an additional 218 shares during the period. Institutional investors own 92.21% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on ALLE. Morgan Stanley upped their price target on shares of Allegion from $170.00 to $181.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 3rd. The Goldman Sachs Group lifted their price objective on Allegion from $182.00 to $206.00 and gave the stock a “buy” rating in a research report on Monday, October 26th. JPMorgan Chase & Co. boosted their price objective on Allegion from $170.00 to $183.00 and gave the company a “neutral” rating in a research note on Friday, October 23rd. Robert W. Baird set a $196.00 target price on Allegion in a research report on Friday, October 23rd. Finally, Bank of America raised Allegion from a “neutral” rating to a “buy” rating and raised their target price for the stock from $164.00 to $200.00 in a research note on Friday, October 23rd. Five analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $180.70.

Top Allegion Stories

These are some of the ALLE stories that stood out recently:

• Positive Sentiment: Zacks Research raised its earnings estimates across multiple periods, including FY2026 to $9.06 per share, FY2027 to $9.77, and FY2028 to $10.77. The broad upward revisions suggest improving analyst expectations and may support investor sentiment. MarketBeat analyst estimates
• Positive Sentiment: A Zacks investment article highlights growth in Allegion’s Americas segment, strategic acquisitions, higher shareholder returns, and rising earnings estimates as reasons for the company’s investment appeal. Zacks Allegion investment outlook
• Neutral Sentiment: Allegion presented at the Baird 2026 Global Industrial Conference. The provided transcript listing does not specify new guidance or other developments that would clearly affect the stock. Conference transcript

Allegion Stock Up 0.8%

Shares of Allegion stock traded up $1.61 during trading on Friday, reaching $191.68. 732,214 shares of the company traded hands, compared to its average volume of 1,211,866. The firm has a market capitalization of $16.16 billion, a PE ratio of 23.87, a P/E/G ratio of 2.14 and a beta of 0.82. Allegion PLC has a 1-year low of $125.00 and a 1-year high of $195.42. The company has a 50 day moving average price of $164.87 and a 200-day moving average price of $152.07. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.90 and a quick ratio of 1.24.

Allegion (NYSE:ALLE) last posted its quarterly earnings results on Thursday, October 22nd. The scientific and technical instruments company reported $2.60 EPS for the quarter, topping analysts’ consensus estimates of $2.50 by $0.10. Allegion had a net margin of 15.74% and a return on equity of 35.52%. The business had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.14 billion. During the same period last year, the company posted $2.30 earnings per share. The business’s quarterly revenue was up 9.6% on a year-over-year basis. As a group, equities research analysts expect that Allegion PLC will post 9.09 earnings per share for the current fiscal year.

Allegion Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were paid a $0.55 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $2.20 annualized dividend and a dividend yield of 1.1%. Allegion’s dividend payout ratio (DPR) is currently 27.40%.

Insider Activity at Allegion

In related news, SVP Tracy Kemp sold 4,469 shares of the business’s stock in a transaction dated Monday, October 26th. The stock was sold at an average price of $178.81, for a total value of $799,101.89. Following the completion of the sale, the senior vice president directly owned 11,358 shares of the company’s stock, valued at $2,030,923.98. The trade was a 28.24% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Steven Mizell purchased 170 shares of the company’s stock in a transaction that occurred on Friday, August 28th. The shares were purchased at an average cost of $158.28 per share, for a total transaction of $26,907.60. Following the completion of the purchase, the director owned 5,899 shares in the company, valued at $933,693.72. This trade represents a 2.97% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.64% of the stock is currently owned by corporate insiders.

Allegion Profile

Allegion plc is a global provider of security products and solutions for homes, businesses, schools, hospitals and other institutions. Its offerings include mechanical and electronic locks, access-control systems, door closers, exit devices and related door hardware. The company sells products under brands including Schlage, Von Duprin, LCN and CISA. Its solutions are used in both commercial and residential settings, with operations serving customers in North America and other markets around the world.