Equities Analysts Offer Predictions for Allegion Q1 Earnings

Allegion PLC (NYSE:ALLE) – Zacks Research boosted their Q1 2027 earnings per share (EPS) estimates for Allegion in a research note issued on Wednesday, February 11th. Zacks Research analyst Team now forecasts that the scientific and technical instruments company will post earnings of $1.95 per share for the quarter, up from their prior estimate of $1.94. The consensus estimate for Allegion’s current full-year earnings is $7.77 per share. Zacks Research also issued estimates for Allegion’s FY2027 earnings at $8.83 EPS.

A number of other equities research analysts have also weighed in on the stock. Barclays reduced their price objective on shares of Allegion from $187.00 to $180.00 and set an “equal weight” rating on the stock in a report on Wednesday, January 7th. Weiss Ratings restated a “buy (b)” rating on shares of Allegion in a research note on Wednesday, January 21st. Robert W. Baird upped their price objective on Allegion from $175.00 to $190.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 21st. Finally, Wells Fargo & Company reissued a “positive” rating on shares of Allegion in a research report on Tuesday, December 16th. Three research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $174.25.

Allegion Stock Down 0.7%

Shares of Allegion stock opened at $178.14 on Thursday. 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 52-week low of $116.57 and a 52-week high of $183.11. The company has a market capitalization of $15.32 billion, a P/E ratio of 24.10, a P/E/G ratio of 3.27 and a beta of 1.03. The company has a 50 day moving average of $164.52 and a 200 day moving average of $167.97.

Allegion Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be paid a dividend of $0.55 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a $2.20 annualized dividend and a yield of 1.2%. This is a boost from Allegion’s previous quarterly dividend of $0.51. Allegion’s dividend payout ratio (DPR) is currently 27.60%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Westside Investment Management Inc. lifted its holdings in shares of Allegion by 100.0% during the third quarter. Westside Investment Management Inc. now owns 140 shares of the scientific and technical instruments company’s stock worth $25,000 after purchasing an additional 70 shares during the period. Pinnacle Bancorp Inc. raised its holdings in shares of Allegion by 255.6% in the fourth quarter. Pinnacle Bancorp Inc. now owns 160 shares of the scientific and technical instruments company’s stock worth $25,000 after acquiring an additional 115 shares during the last quarter. First Horizon Corp purchased a new position in Allegion in the 3rd quarter valued at 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 acquiring an additional 81 shares during the last quarter. Finally, Atlantic Union Bankshares Corp acquired a new stake in shares of Allegion during the third quarter worth $29,000. Institutional investors and hedge funds own 92.21% of the company’s stock.

About Allegion

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.