Federated Hermes Inc. Boosts Holdings in Allegion PLC $ALLE

Federated Hermes Inc. raised its holdings in shares of Allegion PLC (NYSE:ALLE) by 1,747.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 68,300 shares of the scientific and technical instruments company’s stock after purchasing an additional 64,604 shares during the period. Federated Hermes Inc.’s holdings in Allegion were worth $12,113,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Allegion by 7.0% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,592 shares of the scientific and technical instruments company’s stock valued at $1,251,000 after buying an additional 626 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of Allegion by 35.3% during the first quarter. NewEdge Advisors LLC now owns 3,272 shares of the scientific and technical instruments company’s stock valued at $427,000 after acquiring an additional 854 shares in the last quarter. Jones Financial Companies Lllp raised its position in shares of Allegion by 44.2% in the 1st quarter. Jones Financial Companies Lllp now owns 1,629 shares of the scientific and technical instruments company’s stock valued at $213,000 after purchasing an additional 499 shares during the last quarter. Empowered Funds LLC boosted its stake in Allegion by 13.0% in the 1st quarter. Empowered Funds LLC now owns 5,673 shares of the scientific and technical instruments company’s stock worth $740,000 after purchasing an additional 651 shares in the last quarter. Finally, Focus Partners Wealth grew its position in Allegion by 204.5% during the 1st quarter. Focus Partners Wealth now owns 7,186 shares of the scientific and technical instruments company’s stock worth $937,000 after purchasing an additional 4,826 shares during the last quarter. 92.21% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about 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

Analyst Upgrades and Downgrades

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

Allegion Stock Performance

NYSE ALLE opened at $165.37 on Friday. Allegion PLC has a fifty-two week low of $116.57 and a fifty-two week high of $180.68. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.11 and a current ratio of 1.77. The firm has a market capitalization of $14.23 billion, a P/E ratio of 22.38, a PEG ratio of 3.00 and a beta of 1.04. The stock has a 50-day simple moving average of $162.61 and a two-hundred day simple moving average of $166.78.

Allegion Dividend Announcement

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

Allegion 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.