Schroder Investment Management Group Boosts Holdings in Allegion PLC $ALLE

Schroder Investment Management Group raised its stake in shares of Allegion PLC (NYSE:ALLE) by 3.2% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 315,693 shares of the scientific and technical instruments company’s stock after acquiring an additional 9,762 shares during the period. Schroder Investment Management Group’s holdings in Allegion were worth $55,259,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Berkshire Hathaway Inc purchased a new stake in shares of Allegion in the second quarter worth about $112,433,000. Norges Bank purchased a new position in Allegion during the second quarter valued at approximately $109,862,000. Geode Capital Management LLC lifted its holdings in Allegion by 15.2% in the second quarter. Geode Capital Management LLC now owns 2,573,193 shares of the scientific and technical instruments company’s stock valued at $369,514,000 after acquiring an additional 339,025 shares during the period. Grantham Mayo Van Otterloo & Co. LLC boosted its position in Allegion by 114.4% in the 2nd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 349,856 shares of the scientific and technical instruments company’s stock worth $50,421,000 after purchasing an additional 186,706 shares in the last quarter. Finally, Barclays PLC boosted its position in Allegion by 67.2% in the 3rd quarter. Barclays PLC now owns 431,741 shares of the scientific and technical instruments company’s stock worth $76,569,000 after purchasing an additional 173,483 shares in the last quarter. Institutional investors and hedge funds own 92.21% of the company’s stock.

Allegion Stock Down 1.8%

Allegion stock opened at $147.56 on Wednesday. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.84 and a quick ratio of 1.16. The stock has a market capitalization of $12.71 billion, a PE ratio of 19.83, a price-to-earnings-growth ratio of 3.25 and a beta of 1.03. The business has a 50 day simple moving average of $164.33 and a 200-day simple moving average of $167.18. Allegion PLC has a 12 month low of $116.57 and a 12 month high of $183.11.

Allegion (NYSE:ALLE) last announced its earnings results on Tuesday, February 17th. The scientific and technical instruments company reported $1.94 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.01 by ($0.07). The business had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $1.04 billion. Allegion had a net margin of 15.83% and a return on equity of 38.06%. The company’s quarterly revenue was up 9.3% on a year-over-year basis. During the same quarter last year, the business earned $1.86 EPS. Allegion has set its FY 2026 guidance at 8.700-8.900 EPS. On average, analysts anticipate that Allegion PLC will post 7.77 EPS for the current fiscal year.

Allegion Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be given a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 1.5%. This is a positive change from Allegion’s previous quarterly dividend of $0.51. The ex-dividend date is Friday, March 13th. Allegion’s dividend payout ratio (DPR) is 27.42%.

Insider Activity

In other news, Director Steven Mizell sold 1,000 shares of the business’s stock in a transaction dated 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 owned 4,915 shares of the company’s stock, valued at $793,821.65. The trade was a 16.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.23% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

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

Trending Headlines about Allegion

Here are the key news stories impacting Allegion this week:

• Positive Sentiment: Zacks raised its FY2027 EPS view to $9.00 (from $8.83) and published a FY2028 EPS outlook of $9.95, signaling stronger medium‑term profit expectations. Article Title
• Positive Sentiment: Zacks bumped FY2026 slightly to $8.71 (from $8.70) and raised several quarterly estimates across 2026–2027 — examples include Q2 2026 to $2.22 (from $2.17), Q3 2026 to $2.40 (from $2.38), Q1 2027 to $1.98 (from $1.95), Q2 2027 to $2.29 (from $2.19) and Q3 2027 to $2.44 (from $2.43). These upward tweaks suggest the analyst model sees improving revenue/margin trends into 2027.
• Neutral Sentiment: Street consensus cited in the reports remains near $7.77 for the current full year; Zacks’ higher multi‑year view indicates divergence between this shop’s constructive outlook and the broader consensus, which may take time to influence aggregate estimates.
• Negative Sentiment: Zacks trimmed its Q1 2026 EPS estimate to $1.89 (from $1.92), a modest near‑term downgrade that could temper expectations for the next reported quarter.

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.