JPMorgan Chase & Co. Increases Allegion (NYSE:ALLE) Price Target to $170.00

Allegion (NYSE:ALLE) had its price target boosted by stock analysts at JPMorgan Chase & Co. from $150.00 to $170.00 in a research report issued on Friday,Benzinga reports. The firm presently has a “neutral” rating on the scientific and technical instruments company’s stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 10.90% from the company’s current price.

A number of other analysts also recently weighed in on ALLE. Wells Fargo & Company reduced their target price on shares of Allegion from $175.00 to $155.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 1st. Evercore upgraded Allegion to a “strong-buy” rating in a research note on Monday, April 13th. Morgan Stanley lowered their price objective on shares of Allegion from $165.00 to $142.00 and set an “equal weight” rating on the stock in a research report on Wednesday, June 3rd. Robert W. Baird set a $170.00 target price on Allegion in a research report on Friday. Finally, Bank of America decreased their price target on shares of Allegion from $185.00 to $157.00 and set a “neutral” rating on the stock in a research report on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $164.75.

Allegion Stock Performance

NYSE ALLE opened at $153.28 on Friday. The company has a fifty day moving average of $134.81 and a 200-day moving average of $146.82. Allegion has a 52-week low of $125.00 and a 52-week high of $183.11. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.19 and a current ratio of 1.93. The company has a market capitalization of $13.17 billion, a P/E ratio of 20.12, a P/E/G ratio of 3.12 and a beta of 0.85.

Allegion (NYSE:ALLE) last released its quarterly earnings data on Thursday, July 23rd. The scientific and technical instruments company reported $2.40 EPS for the quarter, topping the consensus estimate of $2.22 by $0.18. Allegion had a return on equity of 35.41% and a net margin of 15.36%.The firm had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter in the previous year, the business earned $2.04 earnings per share. The company’s quarterly revenue was up 12.7% on a year-over-year basis. Allegion has set its FY 2026 guidance at 8.850-9.000 EPS. As a group, equities research analysts predict that Allegion will post 8.92 EPS for the current fiscal year.

Allegion announced that its board has initiated a stock buyback program on Tuesday, April 28th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the scientific and technical instruments company to buy up to 3.9% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s management believes its shares are undervalued.

Insider Transactions at Allegion

In other news, SVP Robert C. Martens sold 3,993 shares of the company’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $137.15, for a total value of $547,639.95. Following the transaction, the senior vice president directly owned 8,570 shares in the company, valued at approximately $1,175,375.50. This represents a 31.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.64% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Allegion

Several institutional investors have recently bought and sold shares of ALLE. Pinnacle Bancorp Inc. grew its stake in Allegion by 255.6% during the 4th quarter. Pinnacle Bancorp Inc. now owns 160 shares of the scientific and technical instruments company’s stock valued at $25,000 after purchasing an additional 115 shares during the last quarter. Elevation Wealth Partners LLC raised its holdings in shares of Allegion by 1,666.7% during the second quarter. Elevation Wealth Partners LLC now owns 212 shares of the scientific and technical instruments company’s stock valued at $30,000 after acquiring an additional 200 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new position in Allegion in the 2nd quarter valued at $33,000. Hantz Financial Services Inc. lifted its stake in shares of Allegion by 45.9% in the fourth quarter. Hantz Financial Services Inc. now owns 216 shares of the scientific and technical instruments company’s stock worth $34,000 after buying an additional 68 shares in the last quarter. Finally, Bard Associates Inc. purchased a new position in Allegion in the 4th quarter worth approximately $35,000. 92.21% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Allegion

Here are the key news stories impacting Allegion this week:

• Positive Sentiment: Allegion reported Q2 2026 EPS of $2.40, beating estimates, while revenue of $1.15 billion also topped expectations and rose 12.7% year over year. Allegion (NYSE: ALLE) Reports Q2-2026 Financial Results
• Positive Sentiment: The company raised FY2026 guidance, lifting its EPS outlook to 8.85-9.00 and signaling better-than-expected profitability and revenue momentum. Allegion (NYSE: ALLE) Reports Q2-2026 Financial Results
• Positive Sentiment: Management highlighted organic growth and margin expansion in the Americas, and commentary suggests the International segment is showing signs of recovery. Allegion: Keep Calm And Lock In
• Neutral Sentiment: JPMorgan raised its price target on Allegion to $170 from $150 but kept a neutral rating, implying the stock may have less room to run than the recent earnings-driven rally suggests. Tickerreport.com
• Neutral Sentiment: Allegion also disclosed a new regulation-related risk in its latest filing, though the company said there were no material changes to its risk profile. Allegion: Keep Calm And Lock In

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.