Clark Capital Management Group Inc. Has $67.20 Million Stake in Allegion PLC $ALLE

Clark Capital Management Group Inc. increased its stake in shares of Allegion PLC (NYSE:ALLE) by 90.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 378,919 shares of the scientific and technical instruments company’s stock after purchasing an additional 180,434 shares during the quarter. Clark Capital Management Group Inc.’s holdings in Allegion were worth $67,201,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of ALLE. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Allegion by 7.0% in the 1st 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 stake in shares of Allegion by 35.3% in the 1st quarter. NewEdge Advisors LLC now owns 3,272 shares of the scientific and technical instruments company’s stock valued at $427,000 after buying an additional 854 shares during the period. Jones Financial Companies Lllp raised its position in shares of Allegion by 44.2% during the first quarter. Jones Financial Companies Lllp now owns 1,629 shares of the scientific and technical instruments company’s stock worth $213,000 after acquiring an additional 499 shares during the last quarter. Empowered Funds LLC lifted its stake in shares of Allegion by 13.0% during the first quarter. Empowered Funds LLC now owns 5,673 shares of the scientific and technical instruments company’s stock valued at $740,000 after acquiring an additional 651 shares during the period. Finally, Focus Partners Wealth lifted its stake in shares of Allegion by 204.5% during the first quarter. Focus Partners Wealth now owns 7,186 shares of the scientific and technical instruments company’s stock valued at $937,000 after acquiring an additional 4,826 shares during the period. Institutional investors and hedge funds own 92.21% of the company’s stock.

Allegion Stock Down 0.3%

NYSE:ALLE opened at $145.39 on Friday. The company has a quick ratio of 1.16, a current ratio of 1.84 and a debt-to-equity ratio of 0.96. Allegion PLC has a 12-month low of $116.57 and a 12-month high of $183.11. The stock’s fifty day simple moving average is $163.49 and its 200-day simple moving average is $166.68. The firm has a market capitalization of $12.52 billion, a P/E ratio of 19.54, a P/E/G ratio of 3.14 and a beta of 1.03.

Allegion (NYSE:ALLE) last released its quarterly earnings data on Tuesday, February 17th. The scientific and technical instruments company reported $1.94 EPS for the quarter, missing analysts’ consensus estimates of $2.01 by ($0.07). Allegion had a net margin of 15.83% and a return on equity of 38.06%. The company had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.04 billion. During the same quarter in the prior year, the company posted $1.86 EPS. The company’s revenue for the quarter was up 9.3% compared to the same quarter last year. Allegion has set its FY 2026 guidance at 8.700-8.900 EPS. Equities research analysts expect that Allegion PLC will post 7.77 earnings per share for the current year.

Allegion Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be paid a $0.55 dividend. This is a boost from Allegion’s previous quarterly dividend of $0.51. The ex-dividend date of this dividend is Friday, March 13th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.5%. Allegion’s dividend payout ratio (DPR) is currently 29.57%.

Insider Buying and Selling

In other news, Director Sue Main acquired 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 11th. The stock was purchased at an average price of $149.61 per share, for a total transaction of $299,220.00. Following the completion of the acquisition, the director owned 2,000 shares in the company, valued at $299,220. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Steven Mizell sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $161.51, for a total transaction of $161,510.00. Following the completion of the sale, the director directly owned 4,915 shares of the company’s stock, valued at $793,821.65. The trade was a 16.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.23% of the company’s stock.

Allegion News Summary

Here are the key news stories impacting Allegion this week:

• Positive Sentiment: Director Sue Main bought 2,000 shares at ~$149.61 on March 11 — insider purchases can signal management confidence and help investor sentiment. Insider Buy Filing
• Positive Sentiment: Allegion raised its quarterly dividend to $0.55 (annualized $2.20), increasing yield and returning more cash to shareholders — supportive for income-focused investors and signals board confidence in cash flow. Dividend Announcement / MarketBeat
• Neutral Sentiment: Consensus broker rating remains “Hold” — implies limited analyst conviction for near-term upside despite mixed buy/hold split among firms. Consensus Recommendation
• Neutral Sentiment: Comparative write-up contrasts Allegion with Halma (HLMAF) — useful context for valuation and sector positioning but not an immediate catalyst. Financial Contrast
• Negative Sentiment: Zacks trimmed its quarterly EPS estimate (Q4 FY26/quarter noted) from $2.23 to $2.19 — a downward revision to near-term earnings expectations that can weigh on the stock if further cuts follow. Zacks Estimate Cut
• Negative Sentiment: Coverage pieces urging investors to sell (e.g., “3 reasons to sell ALLE”) increase bearish sentiment and can pressure flows, especially given recent earnings miss and lowered guidance ranges. Sell Article

Analyst Upgrades and Downgrades

Several research firms recently issued reports on ALLE. JPMorgan Chase & Co. decreased their price target on Allegion from $190.00 to $180.00 and set an “overweight” rating on the stock in a report on Wednesday, February 18th. Barclays cut their target price on shares of Allegion from $180.00 to $176.00 and set an “equal weight” rating on the stock in a research report on Monday, February 23rd. Wells Fargo & Company reaffirmed a “positive” rating on shares of Allegion in a research note on Tuesday, December 16th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Allegion in a research report on Wednesday, January 21st. Three research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $175.00.

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.