Zacks Research Issues Negative Outlook for Allegion Earnings

Allegion PLC (NYSE:ALLE) – Zacks Research decreased their Q1 2026 earnings per share (EPS) estimates for Allegion in a research note issued to investors on Tuesday, March 10th. Zacks Research analyst Team now anticipates that the scientific and technical instruments company will post earnings per share of $1.89 for the quarter, down from their prior forecast of $1.92. The consensus estimate for Allegion’s current full-year earnings is $7.77 per share. Zacks Research also issued estimates for Allegion’s Q2 2026 earnings at $2.22 EPS, Q3 2026 earnings at $2.40 EPS, FY2026 earnings at $8.71 EPS, Q1 2027 earnings at $1.98 EPS, Q2 2027 earnings at $2.29 EPS, Q3 2027 earnings at $2.44 EPS, Q4 2027 earnings at $2.28 EPS, FY2027 earnings at $9.00 EPS and FY2028 earnings at $9.95 EPS.

Allegion (NYSE:ALLE) last posted its quarterly 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 firm had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $1.04 billion. Allegion had a return on equity of 38.06% and a net margin of 15.83%.The firm’s revenue was up 9.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.86 EPS. Allegion has set its FY 2026 guidance at 8.700-8.900 EPS.

Several other research analysts also recently commented on ALLE. Wells Fargo & Company reaffirmed a “positive” rating on shares of Allegion in a report on Tuesday, December 16th. JPMorgan Chase & Co. dropped their target price on Allegion from $190.00 to $180.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 18th. Barclays cut their price target on Allegion from $180.00 to $176.00 and set an “equal weight” rating for the company in a report on Monday, February 23rd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Allegion in a research report on Wednesday, January 21st. Three investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $175.00.

Allegion Stock Performance

NYSE ALLE opened at $146.60 on Wednesday. The firm has a market cap of $12.63 billion, a P/E ratio of 19.70, a price-to-earnings-growth ratio of 3.19 and a beta of 1.03. The company has a quick ratio of 1.16, a current ratio of 1.84 and a debt-to-equity ratio of 0.96. The company’s 50 day moving average is $164.07 and its 200-day moving average is $167.04. Allegion has a 12-month low of $116.57 and a 12-month high of $183.11.

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 paid a dividend of $0.55 per share. This is a positive change from Allegion’s previous quarterly dividend of $0.51. This represents a $2.20 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Friday, March 13th. Allegion’s dividend payout ratio is 27.42%.

Insider Buying and Selling

In related news, Director Steven Mizell sold 1,000 shares of the business’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $161.51, for a total transaction of $161,510.00. Following the completion of the transaction, the director directly owned 4,915 shares in the company, valued at $793,821.65. The trade was a 16.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.23% of the stock is currently owned by insiders.

Institutional Trading of Allegion

A number of large investors have recently modified their holdings of ALLE. Norges Bank bought a new stake in Allegion in the fourth quarter worth $131,523,000. Berkshire Hathaway Inc bought a new position in shares of Allegion during the second quarter valued at about $112,433,000. Panagora Asset Management Inc. grew its stake in shares of Allegion by 191.8% during the fourth quarter. Panagora Asset Management Inc. now owns 624,297 shares of the scientific and technical instruments company’s stock valued at $99,401,000 after buying an additional 410,346 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Allegion by 15.2% in the second quarter. Geode Capital Management LLC now owns 2,573,193 shares of the scientific and technical instruments company’s stock worth $369,514,000 after buying an additional 339,025 shares during the period. Finally, Franklin Resources Inc. increased its holdings in shares of Allegion by 163.9% in the fourth quarter. Franklin Resources Inc. now owns 529,243 shares of the scientific and technical instruments company’s stock worth $84,266,000 after buying an additional 328,701 shares during the period. Institutional investors own 92.21% of the company’s stock.

Allegion News Roundup

Here are the key news stories impacting Allegion this week:

• Positive Sentiment: Zacks Research raised multiple near- and medium-term EPS estimates for Allegion, lifting FY2026 to $8.71, FY2027 to $9.00 and FY2028 to $9.95, and increasing several quarterly forecasts (Q2–Q4 2026 and multiple 2027 quarters). That raises expectations for future profitability and provides a positive earnings-revision catalyst. Zacks Research Estimates
• Neutral Sentiment: Allegion’s CFO, Mike Wagnes, will present the company’s long-term strategy at the J.P. Morgan Industrials Conference on March 18; the live listen-only webcast is available via Allegion’s investor site. The presentation is a potential catalyst if management provides clearer visibility or guidance updates, but by itself is informational. Conference Announcement
• Negative Sentiment: Within Zacks’ note there was a small downward revision to Q1 2026 EPS (from $1.92 to $1.89). It’s a modest cut, but could temper near-term sentiment if investors focus on next-quarter momentum. Q1 2026 Revision

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.