Zacks Research Has Negative Outlook for Allegion Q4 Earnings

Allegion PLC (NYSE:ALLE) – Stock analysts at Zacks Research cut their Q4 2026 earnings per share (EPS) estimates for shares of Allegion in a report released on Wednesday, November 12th. Zacks Research analyst Team now expects that the scientific and technical instruments company will post earnings per share of $2.20 for the quarter, down from their prior forecast of $2.23. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Allegion’s current full-year earnings is $7.77 per share. Zacks Research also issued estimates for Allegion’s Q1 2027 earnings at $1.89 EPS, Q2 2027 earnings at $2.14 EPS and FY2027 earnings at $8.64 EPS.

ALLE has been the topic of a number of other research reports. Weiss Ratings restated a “buy (b)” rating on shares of Allegion in a research note on Wednesday, October 8th. Robert W. Baird boosted their price objective on shares of Allegion from $175.00 to $190.00 and gave the company a “neutral” rating in a report on Tuesday, October 21st. Bank of America upgraded Allegion from an “underperform” rating to a “neutral” rating and raised their target price for the stock from $110.00 to $175.00 in a research note on Tuesday, July 29th. Barclays boosted their price target on Allegion from $185.00 to $187.00 and gave the company an “equal weight” rating in a research note on Friday, October 24th. Finally, Wells Fargo & Company raised their price objective on Allegion from $175.00 to $185.00 and gave the stock an “equal weight” rating in a research note on Monday, October 6th. Three investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $176.38.

Allegion Stock Performance

Shares of Allegion stock traded down $1.76 during midday trading on Friday, hitting $162.76. The company had a trading volume of 252,009 shares, compared to its average volume of 936,643. The company has a fifty day simple moving average of $173.11 and a 200 day simple moving average of $158.73. The stock has a market cap of $14.00 billion, a price-to-earnings ratio of 22.04, a PEG ratio of 3.29 and a beta of 1.07. The company has a quick ratio of 1.11, a current ratio of 1.77 and a debt-to-equity ratio of 1.06. Allegion has a 12-month low of $116.57 and a 12-month high of $180.68.

Allegion (NYSE:ALLE) last released its quarterly earnings results on Thursday, October 23rd. The scientific and technical instruments company reported $2.30 EPS for the quarter, beating analysts’ consensus estimates of $2.21 by $0.09. Allegion had a return on equity of 40.83% and a net margin of 16.09%.The company had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.05 billion. During the same period last year, the business posted $2.16 earnings per share. The firm’s revenue was up 10.7% compared to the same quarter last year. Allegion has set its FY 2025 guidance at 8.100-8.200 EPS.

Allegion Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were given a $0.51 dividend. This represents a $2.04 annualized dividend and a yield of 1.3%. The ex-dividend date was Monday, September 15th. Allegion’s dividend payout ratio is currently 27.60%.

Hedge Funds Weigh In On Allegion

Institutional investors have recently made changes to their positions in the company. Westside Investment Management Inc. raised its position in shares of Allegion by 100.0% in the third quarter. Westside Investment Management Inc. now owns 140 shares of the scientific and technical instruments company’s stock worth $25,000 after acquiring an additional 70 shares during the period. First Horizon Corp acquired a new position in Allegion in the 3rd quarter worth about $26,000. Hantz Financial Services Inc. boosted its position in Allegion by 120.9% during the third quarter. Hantz Financial Services Inc. now owns 148 shares of the scientific and technical instruments company’s stock worth $26,000 after purchasing an additional 81 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new stake in Allegion in the third quarter valued at approximately $29,000. Finally, Sound Income Strategies LLC purchased a new stake in shares of Allegion in the second quarter valued at approximately $32,000. 92.21% of the stock is owned by hedge funds and other institutional investors.

Allegion Company Profile

Allegion plc manufactures and sells mechanical and electronic security products and solutions worldwide. The company offers door controls and systems and exit devices; locks, locksets, portable locks, and key systems and services; electronic security products and access control systems; time, attendance, and workforce productivity systems; doors, accessories, and other.