Should I buy or sell Allegion stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allegion in the last year. There are currently 6 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ALLE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ALLE, but not buy additional shares or sell existing shares. View ALLE analyst ratings or view top-rated stocks .

What is Allegion's stock price target for 2024?

6 Wall Street research analysts have issued 12-month target prices for Allegion's shares. Their ALLE share price targets range from $100.00 to $141.00. On average, they predict the company's share price to reach $127.83 in the next twelve months. This suggests a possible upside of 3.2% from the stock's current price. View analysts price targets for ALLE or view top-rated stocks among Wall Street analysts .

How have ALLE shares performed in 2024?

Allegion's stock was trading at $126.69 on January 1st, 2024. Since then, ALLE stock has decreased by 2.2% and is now trading at $123.85. View the best growth stocks for 2024 here .

Are investors shorting Allegion?

Allegion saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 1,610,000 shares, a decrease of 28.1% from the March 15th total of 2,240,000 shares. Based on an average daily trading volume, of 732,800 shares, the short-interest ratio is presently 2.2 days. Approximately 1.9% of the shares of the stock are sold short. View Allegion's Short Interest .

When is Allegion's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024. View our ALLE earnings forecast .

How were Allegion's earnings last quarter?

Allegion plc (NYSE:ALLE) posted its quarterly earnings data on Thursday, April, 25th. The scientific and technical instruments company reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.41 by $0.14. The scientific and technical instruments company had revenue of $893.90 million for the quarter, compared to analyst estimates of $888.27 million. Allegion had a net margin of 14.80% and a trailing twelve-month return on equity of 51.95%. Allegion's quarterly revenue was down 3.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.58 earnings per share. Read the conference call transcript .

How often does Allegion pay dividends? What is the dividend yield for Allegion?

Allegion announced a quarterly dividend on Thursday, April 11th. Shareholders of record on Friday, June 14th will be paid a dividend of $0.48 per share on Friday, June 28th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.55%. The ex-dividend date is Thursday, June 13th. Read our dividend analysis for ALLE .

Is Allegion a good dividend stock?

Allegion (NYSE:ALLE) pays an annual dividend of $1.92 per share and currently has a dividend yield of 1.52%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 31.37%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ALLE will have a dividend payout ratio of 26.67% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ALLE .

What ETFs hold Allegion's stock?

ETFs with the largest weight of Allegion (NYSE:ALLE) stock in their portfolio include SPDR S&P Homebuilders ETF (XHB) , VanEck Morningstar ESG Moat ETF (MOTE) , VanEck Morningstar Wide Moat ETF (MOAT) , Tema American Reshoring ETF (RSHO) , VanEck Morningstar Wide Moat Growth ETF (MGRO) , VanEck Vectors Morningstar Global Wide Moat ETF (GOAT) , VanEck Morningstar Wide Moat Value ETF (MVAL) and VanEck Morningstar Global Wide Moat ETF (MOTG) .

What guidance has Allegion issued on next quarter's earnings?

Allegion updated its FY24 earnings guidance on Thursday, April, 25th. The company provided earnings per share guidance of $7.00-7.15 for the period, compared to the consensus estimate of $7.08. The company issued revenue guidance of +1.5-3.5% yr/yr to ~$3.704-3.778 billion, compared to the consensus revenue estimate of $3.74 billion.

What is David (Dave) D. Petratis' approval rating as Allegion's CEO?

141 employees have rated Allegion Chief Executive Officer David (Dave) D. Petratis on Glassdoor.com . David (Dave) D. Petratis has an approval rating of 90% among the company's employees.

What other stocks do shareholders of Allegion own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Allegion investors own include Pfizer (PFE) , AbbVie (ABBV) , General Electric (GE) , Johnson & Johnson (JNJ) , Walmart (WMT) , Citigroup (C) , AT&T (T) , UnitedHealth Group (UNH) , Cisco Systems (CSCO) and Nucor (NUE) .

Who are Allegion's major shareholders?

Allegion's stock is owned by many different institutional and retail investors. Top institutional investors include Raymond James & Associates (0.50%), Vaughan Nelson Investment Management L.P. (0.27%), Sumitomo Mitsui Trust Holdings Inc. (0.25%), Los Angeles Capital Management LLC (0.15%), New York State Teachers Retirement System (0.09%) and Meyer Handelman Co. (0.08%). Insiders that own company stock include David D Petratis, David D Petratis , Douglas P Ranck , Jeffrey N Braun , Jennifer L Hawes , John H Stone , Patrick S Shannon , Robert C Martens , Shelley A Meador, Timothy P Eckersley, Timothy P Eckersley and Tracy L Kemp . View institutional ownership trends .

How do I buy shares of Allegion?

Shares of ALLE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Allegion have any subsidiaries?

The following companies are subsidiares of Allegion: AD Solutions Inc., ALLGain Pty Ltd, API Services and Solutions Pty Limited, AXA Stenman Deutschland GmbH, AXA Stenman France S.A.S., AXA Stenman Holding B.V., AXA Stenman Industries B.V., AXA Stenman Nederland B.V, AXA Stenman Poland Sp Z.O.O, Ad Systems Inc, Allegion (Australia) Pty Ltd., Allegion (Gibraltar) Holding Limited, Allegion (Hong Kong) Limited, Allegion (Ireland) Finance Designated Activity Company, Allegion (Malaysia) SDN. BHD., Allegion (New Zealand) Limited, Allegion (Southeast Asia) Pte. Ltd., Allegion (Thailand) Limited, Allegion (UK) Limited, Allegion B.V., Allegion Canada Inc., Allegion Deutsche Holding GmbH, Allegion EMEA BVBA, Allegion Emniyet Ve Güvenlik Sistemleri Sanayi Anonim ªirketi, Allegion Fu Hsing Limited, Allegion German Financing GmbH & Co. KG, Allegion German Holding I GmbH, Allegion German Holding II GmbH, Allegion Gulf Trading LLC, Allegion Immobilien GmbH, Allegion India Private Limited, Allegion International AG, Allegion Investments (Switzerland) AG, Allegion Investments (UK) Limited, Allegion Investments Holding LLC, Allegion Irish Holding Company II Ltd, Allegion Irish Holding Company Limited, Allegion Korea Ltd., Allegion LLC, Allegion Lux Financing III S.á.r.l, Allegion Luxembourg Holding II SCS, Allegion Luxembourg Holding III S.á.r.l, Allegion Luxembourg Holding and Financing S.à r.l., Allegion Management (DIFC) Limited, Allegion NV, Allegion Panama S. de R.L., Allegion S&S Lock Holding Company Inc., Allegion S.A., Allegion Security Technologies (CHINA) Co. LTD., Allegion US Holding Company Inc., Allegion Ventures LLC, Allegion de Mexico S. de R.L. de C.V., Aurora Systems Inc., BASTA Group A/S Denmark, Bricard S.A.S, Brio Industries, Cisa Cerraduras S.A., Cisa S.p.A., Dor-O-Matic (Illinois) LLC, Dor-O-Matic of Mid Atlantic States Inc., Electronic Technologies Corporation USA, Fire and Security Hardware Pty Limited, Gainsborough Hardware Industries Limited, Gainsborough Hardware and API Locksmiths, Hammond Enterprises Inc, Harrow Industries LLC, Harrow Products (Delaware) LLC, Harrow Products LLC, Interflex Datensysteme GesmbH, Interflex Datensysteme GmbH, Isonas, Isonas Inc., Milre Systek Co. Ltd, NT Group Properties Limited, NT Leamington Limited, Newman Tonks (Overseas Holdings) Limited, Normbau France S.A.S., Normbau GmbH, Overtur Architectural Services LLC, Pin & Tumbler Studio LLC, QMI Building Metal Products Manufacturing LLC, Qatar Metal Const. Ind. LLC, Qatar Metal Industries, Recognition Systems LLC, Republic Doors & Frames, Republic Doors and Frames LLC, S&S Lock Indemnity (Barbados) Limited, S&S Lock Insurance (Arizona) Company, Schlage De Mexico S.A. DE C.V., Schlage Lock Company LLC, SimonsVoss Technologies, SimonsVoss Technologies AB, SimonsVoss Technologies BV, SimonsVoss Technologies FZE, SimonsVoss Technologies GmbH, SimonsVoss Technologies Limited, SimonsVoss Technologies SAS, TGP Canada Enterprises ULC, TGP International Inc., Technical Glass Products, Technical Glass Products DMCC, Technical Glass Products Inc., Trelock, Trelock Asia Pacific Limited, Trelock GmbH, Trelock Production GmbH, Yonomi, and Zero Seal Systems Limited. Read More

NYSE:ALLE

Allegion (ALLE) Stock Price, News & Analysis

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$123.85

-1.02 (-0.82%)

(As of 04/26/2024 ET)

Compare

Today's Range: $123.43
▼
$125.98
50-Day Range: $124.84
▼
$135.29
52-Week Range: $95.94
▼
$136.91

Volume: 975,466 shs
Average Volume: 719,053 shs
Market Capitalization: $10.83 billion

P/E Ratio: 20.24
Dividend Yield: 1.55%
Price Target: $127.83

Get Allegion alerts:

Allegion MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 3.2% Upside
$127.83 Price Target
Short Interest: Healthy
1.94% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -0.76
Upright™ Environmental Score
News Sentiment: 0.50
Based on 23 Articles This Week
Insider Trading: Balanced
Insiders Both Buying and Selling
Proj. Earnings Growth: 2.56%
From $7.02 to $7.20 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.11 out of 5 stars

Industrial Products Sector

40th out of 171 stocks

Detective & Armored Car Services Industry

1st out of 2 stocks

1.0

Analyst's Opinion

Consensus Rating
Allegion has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 6 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Allegion has only been the subject of 4 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.94% of the float of Allegion has been sold short.
Short Interest Ratio / Days to Cover
Allegion has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Allegion has recently increased by 4.97%, indicating that investor sentiment is decreasing.

4.2

Dividend Strength

Dividend Yield
Allegion pays a meaningful dividend of 1.52%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Allegion has been increasing its dividend for 10 years.
Dividend Coverage
The dividend payout ratio of Allegion is 31.37%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Allegion will have a dividend payout ratio of 26.67% next year. This indicates that Allegion will be able to sustain or increase its dividend.

4.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Allegion has received a 59.39% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Electronic locks", "Access control services", and "Mechanical locks" products. See details.
Environmental Sustainability
The Environmental Impact score for Allegion is -0.76.

3.6

News and Social Media Coverage

News Sentiment
Allegion has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.37 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 23 news articles for Allegion this week, compared to 7 articles on an average week.
Search Interest
5 people have searched for ALLE on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.
MarketBeat Follows
11 people have added Allegion to their MarketBeat watchlist in the last 30 days. This is an increase of 120% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Allegion insiders have sold just slightly more of their company's stock than they have bought. Specifically, they have bought $1,324,100.00 in company stock and sold $1,372,200.00 in company stock. It is common for insiders to sell company stock at intervals simply to diversify their holdings.
Percentage Held by Insiders
Only 0.90% of the stock of Allegion is held by insiders.
Percentage Held by Institutions
92.21% of the stock of Allegion is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Allegion are expected to grow by 2.56% in the coming year, from $7.02 to $7.20 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Allegion is 20.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.67.
Price to Earnings Ratio vs. Sector
The P/E ratio of Allegion is 20.24, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.72.
Price to Earnings Growth Ratio
Allegion has a PEG Ratio of 4.55. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Allegion has a P/B Ratio of 8.25. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Allegion Stock (NYSE:ALLE)

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. It also provides services and software, which includes inspection, maintenance, and repair services for its automatic entrance solutions; and software as a service, including access control, IoT integration, and workforce management solutions, as well as aftermarket services, design and installation offerings, and locksmith services. The company sells its products and solutions to end-users in commercial, institutional, and residential facilities, including education, healthcare, government, hospitality, retail, commercial office, and single and multi-family residential markets under the CISA, Interflex, LCN, Schlage, SimonsVoss, and Von Duprin brands. It sells its products and solutions through distribution and retail channels, such as specialty distribution, e-commerce, and wholesalers, as well as through various retail channels comprising do-it-yourself home improvement centers, online and e-commerce platforms, and small specialty showroom outlets. Allegion plc was incorporated in 2013 and is headquartered in Dublin, Ireland.

ALLE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ALLE Stock News Headlines

April 8, 2024 | marketbeat.com

The 5 Hottest CEO Stock Purchases So Far This Year

Insider buying is good. It shows management's confidence in a business, helping to support investor sentiment, and no insider is more significant than the CEO.

April 8, 2024 | marketbeat.com

The 5 Hottest CEO Stock Purchases So Far This Year (ALLE)

Insider buying is a telling indicator for investors, and no insider is as significant as the CEO. This is a look at the five hottest CEO buys this year.

April 26, 2024 | Stansberry Research (Ad)

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Did you know that the IRS has allegedly been using AI to spy on the bank accounts of American citizens?

April 26, 2024 | markets.businessinsider.com

Allegion Sell Rating: Operational Strengths Overshadowed by Economic Headwinds and Market Pressures

April 26, 2024 | prnewswire.com

Improved Stanley Dura-Storm Hurricane/Storm Door Set to Exceed Safety Standards in Coastal Regions

April 26, 2024 | finance.yahoo.com

Allegion First Quarter 2024 Earnings: EPS Beats Expectations

April 26, 2024 | americanbankingnews.com

Allegion plc (ALLE) Quarterly Financial Filing: What Does It Reveal About Their Future Growth

April 25, 2024 | markets.businessinsider.com

Maintaining Neutral: Balancing Allegion’s Operational Resilience with Market Challenges

April 26, 2024 | Stansberry Research (Ad)

Move Your Money Before May 1

Did you know that the IRS has allegedly been using AI to spy on the bank accounts of American citizens?

April 25, 2024 | sfgate.com

Allegion: Q1 Earnings Snapshot

April 25, 2024 | markets.businessinsider.com

Allegion Q1 Net Income Increases; Affirms 2024 Outlook - Quick Facts

April 25, 2024 | msn.com

Allegion beats quarterly profit estimates on strong demand for security devices

April 25, 2024 | finance.yahoo.com

Allegion PLC Q1 Earnings: Navigates Market Challenges, Aligns Closely with Analyst Projections

April 25, 2024 | investorplace.com

ALLE Stock Earnings: Allegion Beats EPS, Beats Revenue for Q1 2024

April 25, 2024 | seekingalpha.com

Allegion GAAP EPS of $1.41, revenue of $893.9M; reaffirms outlook

April 25, 2024 | finance.yahoo.com

Allegion (NYSE: ALLE) Reports Q1-2024 Financial Results

April 25, 2024 | businesswire.com

Allegion (NYSE: ALLE) Reports Q1-2024 Financial Results

April 24, 2024 | markets.businessinsider.com

Allegion is about to announce earnings — here's what Wall Street expects

April 22, 2024 | markets.businessinsider.com

Maintaining Hold on Allegion Amid Stable Market Performance and Moderate Growth Outlook

April 19, 2024 | americanbankingnews.com

SU Group (NASDAQ:SUGP) & Allegion (NYSE:ALLE) Financial Review

April 18, 2024 | americanbankingnews.com

Allegion (ALLE) Scheduled to Post Earnings on Thursday

April 18, 2024 | americanbankingnews.com

Allegion plc Expected to Earn Q1 2024 Earnings of $1.58 Per Share (NYSE:ALLE)

April 17, 2024 | americanbankingnews.com

Allegion (NYSE:ALLE) Price Target Raised to $132.00 at UBS Group

April 17, 2024 | americanbankingnews.com

Q2 2024 EPS Estimates for Allegion plc (NYSE:ALLE) Increased by Analyst

April 11, 2024 | seekingalpha.com

Allegion declares $0.48 dividend

April 11, 2024 | businesswire.com

Allegion Declares Quarterly Dividend

April 11, 2024 | msn.com

3 Under-Appreciated Dividend Stocks That Just Raised Their Payouts to Record Highs

See More Headlines

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Company Calendar

Ex-Dividend for 3/29 Dividend: 3/14/2024
Dividend Payable: 3/29/2024
Last Earnings: 4/25/2024
Today: 4/26/2024
Next Earnings (Estimated): 7/24/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Industrial Products
Industry: Detective & armored car services
Sub-Industry: N/A
Current Symbol: NYSE:ALLE
CUSIP: N/A
CIK: 1579241
Web: www.allegion.com
Phone: (531) 254-6200
Fax: N/A
Employees: 12,400
Year Founded: 2013

Price Target and Rating

Average Stock Price Target: $127.83
High Stock Price Target: $141.00
Low Stock Price Target: $100.00
Potential Upside/Downside: +3.1%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $6.12
Trailing P/E Ratio: 20.26
Forward P/E Ratio: 17.67
P/E Growth: 4.55
Net Income: $540.40 million
Net Margins: 14.80%
Pretax Margin: 16.91%
Return on Equity: 51.95%
Return on Assets: 14.65%

Debt

Debt-to-Equity Ratio: 1.22
Current Ratio: 1.26
Quick Ratio: 0.85

Sales & Book Value

Annual Sales: $3.65 billion
Price / Sales: 2.97
Cash Flow: $8.20 per share
Price / Cash Flow: 15.13
Book Value: $15.02 per share
Price / Book: 8.26

Miscellaneous

Outstanding Shares: 87,440,000
Free Float: 86,654,000
Market Cap: $10.84 billion
Optionable: Optionable
Beta: 1.14

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Key Executives

Mr. John H. Stone (Age 53)
President, CEO & Director
Comp: $1.83M
Mr. Michael J. Wagnes (Age 50)
Senior VP & CFO
Comp: $865.38k
Mr. Jeffrey N. Braun (Age 64)
Senior VP & General Counsel
Comp: $831.27k
Mr. Timothy P. Eckersley (Age 62)
Senior Vice President of Allegion International
Comp: $808.42k
Mr. David S. Ilardi (Age 45)
Senior Vice President of Allegion Americas
Comp: $859.84k
Mr. Nickolas A. Musial (Age 43)
VP, Controller & Chief Accounting Officer
Mr. Vincent M. Wenos (Age 57)
Senior VP & CTO
Ms. Tracy L. Kemp (Age 55)
Senior VP and Chief Information & Digital Officer
Mr. Joshua Charles Pokrzywinski
Vice President of Investor Relations
Ms. Doshia Stewart
Vice President of Global Corporate Communications

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ALLE Stock Analysis - Frequently Asked Questions

Should I buy or sell Allegion stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allegion in the last year. There are currently 6 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ALLE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ALLE, but not buy additional shares or sell existing shares.
View ALLE analyst ratings or view top-rated stocks.
What is Allegion's stock price target for 2024?: 6 Wall Street research analysts have issued 12-month target prices for Allegion's shares. Their ALLE share price targets range from $100.00 to $141.00. On average, they predict the company's share price to reach $127.83 in the next twelve months. This suggests a possible upside of 3.2% from the stock's current price.
View analysts price targets for ALLE or view top-rated stocks among Wall Street analysts.
How have ALLE shares performed in 2024?: Allegion's stock was trading at $126.69 on January 1st, 2024. Since then, ALLE stock has decreased by 2.2% and is now trading at $123.85.
View the best growth stocks for 2024 here.
Are investors shorting Allegion?: Allegion saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 1,610,000 shares, a decrease of 28.1% from the March 15th total of 2,240,000 shares. Based on an average daily trading volume, of 732,800 shares, the short-interest ratio is presently 2.2 days. Approximately 1.9% of the shares of the stock are sold short.
View Allegion's Short Interest.
When is Allegion's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our ALLE earnings forecast.
How were Allegion's earnings last quarter?: Allegion plc (NYSE:ALLE) posted its quarterly earnings data on Thursday, April, 25th. The scientific and technical instruments company reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.41 by $0.14. The scientific and technical instruments company had revenue of $893.90 million for the quarter, compared to analyst estimates of $888.27 million. Allegion had a net margin of 14.80% and a trailing twelve-month return on equity of 51.95%. Allegion's quarterly revenue was down 3.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.58 earnings per share.
Read the conference call transcript.
How often does Allegion pay dividends? What is the dividend yield for Allegion?: Allegion announced a quarterly dividend on Thursday, April 11th. Shareholders of record on Friday, June 14th will be paid a dividend of $0.48 per share on Friday, June 28th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.55%. The ex-dividend date is Thursday, June 13th.
Read our dividend analysis for ALLE.
Is Allegion a good dividend stock?: Allegion (NYSE:ALLE) pays an annual dividend of $1.92 per share and currently has a dividend yield of 1.52%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 31.37%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ALLE will have a dividend payout ratio of 26.67% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ALLE.

What ETFs hold Allegion's stock?: ETFs with the largest weight of Allegion (NYSE:ALLE) stock in their portfolio include SPDR S&P Homebuilders ETF (XHB), VanEck Morningstar ESG Moat ETF (MOTE), VanEck Morningstar Wide Moat ETF (MOAT), Tema American Reshoring ETF (RSHO), VanEck Morningstar Wide Moat Growth ETF (MGRO), VanEck Vectors Morningstar Global Wide Moat ETF (GOAT), VanEck Morningstar Wide Moat Value ETF (MVAL) and VanEck Morningstar Global Wide Moat ETF (MOTG).
What guidance has Allegion issued on next quarter's earnings?: Allegion updated its FY24 earnings guidance on Thursday, April, 25th. The company provided earnings per share guidance of $7.00-7.15 for the period, compared to the consensus estimate of $7.08. The company issued revenue guidance of +1.5-3.5% yr/yr to ~$3.704-3.778 billion, compared to the consensus revenue estimate of $3.74 billion.
What is David (Dave) D. Petratis' approval rating as Allegion's CEO?: 141 employees have rated Allegion Chief Executive Officer David (Dave) D. Petratis on Glassdoor.com. David (Dave) D. Petratis has an approval rating of 90% among the company's employees.
What other stocks do shareholders of Allegion own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Allegion investors own include Pfizer (PFE), AbbVie (ABBV), General Electric (GE), Johnson & Johnson (JNJ), Walmart (WMT), Citigroup (C), AT&T (T), UnitedHealth Group (UNH), Cisco Systems (CSCO) and Nucor (NUE).
Who are Allegion's major shareholders?: Allegion's stock is owned by many different institutional and retail investors. Top institutional investors include Raymond James & Associates (0.50%), Vaughan Nelson Investment Management L.P. (0.27%), Sumitomo Mitsui Trust Holdings Inc. (0.25%), Los Angeles Capital Management LLC (0.15%), New York State Teachers Retirement System (0.09%) and Meyer Handelman Co. (0.08%). Insiders that own company stock include David D Petratis, David D Petratis, Douglas P Ranck, Jeffrey N Braun, Jennifer L Hawes, John H Stone, Patrick S Shannon, Robert C Martens, Shelley A Meador, Timothy P Eckersley, Timothy P Eckersley and Tracy L Kemp.
View institutional ownership trends.
How do I buy shares of Allegion?: Shares of ALLE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Allegion have any subsidiaries?: The following companies are subsidiares of Allegion: AD Solutions Inc., ALLGain Pty Ltd, API Services and Solutions Pty Limited, AXA Stenman Deutschland GmbH, AXA Stenman France S.A.S., AXA Stenman Holding B.V., AXA Stenman Industries B.V., AXA Stenman Nederland B.V, AXA Stenman Poland Sp Z.O.O, Ad Systems Inc, Allegion (Australia) Pty Ltd., Allegion (Gibraltar) Holding Limited, Allegion (Hong Kong) Limited, Allegion (Ireland) Finance Designated Activity Company, Allegion (Malaysia) SDN. BHD., Allegion (New Zealand) Limited, Allegion (Southeast Asia) Pte. Ltd., Allegion (Thailand) Limited, Allegion (UK) Limited, Allegion B.V., Allegion Canada Inc., Allegion Deutsche Holding GmbH, Allegion EMEA BVBA, Allegion Emniyet Ve Güvenlik Sistemleri Sanayi Anonim ªirketi, Allegion Fu Hsing Limited, Allegion German Financing GmbH & Co. KG, Allegion German Holding I GmbH, Allegion German Holding II GmbH, Allegion Gulf Trading LLC, Allegion Immobilien GmbH, Allegion India Private Limited, Allegion International AG, Allegion Investments (Switzerland) AG, Allegion Investments (UK) Limited, Allegion Investments Holding LLC, Allegion Irish Holding Company II Ltd, Allegion Irish Holding Company Limited, Allegion Korea Ltd., Allegion LLC, Allegion Lux Financing III S.á.r.l, Allegion Luxembourg Holding II SCS, Allegion Luxembourg Holding III S.á.r.l, Allegion Luxembourg Holding and Financing S.à r.l., Allegion Management (DIFC) Limited, Allegion NV, Allegion Panama S. de R.L., Allegion S&S Lock Holding Company Inc., Allegion S.A., Allegion Security Technologies (CHINA) Co. LTD., Allegion US Holding Company Inc., Allegion Ventures LLC, Allegion de Mexico S. de R.L. de C.V., Aurora Systems Inc., BASTA Group A/S Denmark, Bricard S.A.S, Brio Industries, Cisa Cerraduras S.A., Cisa S.p.A., Dor-O-Matic (Illinois) LLC, Dor-O-Matic of Mid Atlantic States Inc., Electronic Technologies Corporation USA, Fire and Security Hardware Pty Limited, Gainsborough Hardware Industries Limited, Gainsborough Hardware and API Locksmiths, Hammond Enterprises Inc, Harrow Industries LLC, Harrow Products (Delaware) LLC, Harrow Products LLC, Interflex Datensysteme GesmbH, Interflex Datensysteme GmbH, Isonas, Isonas Inc., Milre Systek Co. Ltd, NT Group Properties Limited, NT Leamington Limited, Newman Tonks (Overseas Holdings) Limited, Normbau France S.A.S., Normbau GmbH, Overtur Architectural Services LLC, Pin & Tumbler Studio LLC, QMI Building Metal Products Manufacturing LLC, Qatar Metal Const. Ind. LLC, Qatar Metal Industries, Recognition Systems LLC, Republic Doors & Frames, Republic Doors and Frames LLC, S&S Lock Indemnity (Barbados) Limited, S&S Lock Insurance (Arizona) Company, Schlage De Mexico S.A. DE C.V., Schlage Lock Company LLC, SimonsVoss Technologies, SimonsVoss Technologies AB, SimonsVoss Technologies BV, SimonsVoss Technologies FZE, SimonsVoss Technologies GmbH, SimonsVoss Technologies Limited, SimonsVoss Technologies SAS, TGP Canada Enterprises ULC, TGP International Inc., Technical Glass Products, Technical Glass Products DMCC, Technical Glass Products Inc., Trelock, Trelock Asia Pacific Limited, Trelock GmbH, Trelock Production GmbH, Yonomi, and Zero Seal Systems Limited.
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This page (NYSE:ALLE) was last updated on 4/26/2024 by MarketBeat.com Staff

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