Allegion (NYSE:ALLE – Free Report) had its target price decreased by JPMorgan Chase & Co. from $190.00 to $180.00 in a research report sent to investors on Wednesday,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the scientific and technical instruments company’s stock.
Other equities analysts have also recently issued reports about the company. Barclays dropped their target price on Allegion from $187.00 to $180.00 and set an “equal weight” rating for the company in a report on Wednesday, January 7th. Weiss Ratings reiterated a “buy (b)” rating on shares of Allegion in a research note on Wednesday, January 21st. Robert W. Baird lifted their price objective on Allegion from $175.00 to $190.00 and gave the company a “neutral” rating in a report on Tuesday, October 21st. Finally, Wells Fargo & Company reaffirmed a “positive” rating on shares of Allegion in a report on Tuesday, December 16th. Three analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $175.50.
View Our Latest Research Report on ALLE
Allegion Trading Up 0.0%
Allegion (NYSE:ALLE – Get Free Report) last issued its earnings results on Tuesday, February 17th. The scientific and technical instruments company reported $1.94 earnings per share for the quarter, missing the consensus estimate of $2.01 by ($0.07). The business had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.04 billion. Allegion had a net margin of 15.83% and a return on equity of 38.06%. Allegion’s revenue was up 9.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.86 earnings per share. Allegion has set its FY 2026 guidance at 8.700-8.900 EPS. On average, analysts expect that Allegion will post 7.77 EPS for the current year.
Allegion Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be issued a $0.55 dividend. This is an increase from Allegion’s previous quarterly dividend of $0.51. This represents a $2.20 annualized dividend and a yield of 1.4%. The ex-dividend date is Friday, March 13th. Allegion’s dividend payout ratio (DPR) is currently 27.60%.
Hedge Funds Weigh In On Allegion
Several institutional investors and hedge funds have recently made changes to their positions in the company. Forvis Mazars Wealth Advisors LLC acquired a new stake in shares of Allegion in the third quarter valued at about $2,838,000. Burney Co. bought a new stake in shares of Allegion in the 3rd quarter valued at $9,297,000. Berkshire Hathaway Inc acquired a new position in shares of Allegion during the 2nd quarter valued at $112,433,000. Fusion Capital LLC acquired a new stake in Allegion in the third quarter worth $4,406,000. Finally, Massachusetts Financial Services Co. MA increased its stake in Allegion by 5.1% in the third quarter. Massachusetts Financial Services Co. MA now owns 2,356,869 shares of the scientific and technical instruments company’s stock valued at $417,991,000 after purchasing an additional 113,821 shares in the last quarter. Institutional investors and hedge funds own 92.21% of the company’s stock.
Trending Headlines about Allegion
Here are the key news stories impacting Allegion this week:
- Positive Sentiment: Management set FY2026 EPS guidance of $8.70–$8.90 and emphasized electronics growth and an active M&A strategy, giving investors clearer upside drivers beyond legacy hardware. Allegion outlines 2026 EPS guidance and growth strategy
- Positive Sentiment: Revenue accelerated ~9% year-over-year with margin expansion; management highlighted strong cash generation and accretive capital deployment, which supports buybacks/dividends and valuation upside. Allegion Q4 & full-year results
- Positive Sentiment: Product/partnership news: Schlage and newly-acquired NterNow are being showcased at the International Builders’ Show, illustrating progress commercializing software/connected offerings for builders — a key part of the electronics growth story. Schlage & NterNow showcase
- Neutral Sentiment: JPMorgan lowered its price target from $190 to $180 but maintained an “overweight” rating — a modest analyst downgrade on valuation that still implies mid‑teens upside from current levels. JPMorgan cuts price target to $180
- Neutral Sentiment: Allegion remains a steady Russell 1000 constituent with distributions unchanged, a sign of index stability but limited immediate catalytic impact. Russell 1000 distribution update
- Negative Sentiment: The quarter missed EPS expectations (reported ~$1.94 vs. consensus ~$2.01), driven in part by weaker residential demand; misses can pressure short-term sentiment even if guidance offsets the pain. Q4 earnings miss coverage
- Negative Sentiment: Regulatory/risk note: Allegion disclosed elevated cybersecurity risks that could affect operations, data and financial performance — a longer‑term headwind for connected-product initiatives if not managed. Cybersecurity risk disclosure
- Negative Sentiment: Some media note Allegion underperformed peers on the day, reflecting mixed market reception and sector pressure that could weigh on near-term relative performance. Underperformance vs. peers
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.
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