Achmea Investment Management B.V. Has $19.37 Million Holdings in Allegion PLC $ALLE

Achmea Investment Management B.V. lifted its stake in shares of Allegion PLC (NYSE:ALLE) by 4.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 109,196 shares of the scientific and technical instruments company’s stock after acquiring an additional 4,525 shares during the quarter. Achmea Investment Management B.V. owned about 0.13% of Allegion worth $19,366,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in ALLE. Westside Investment Management Inc. grew its holdings in 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 valued at $25,000 after purchasing an additional 70 shares during the last quarter. First Horizon Corp acquired a new stake in shares of Allegion in the third quarter worth $26,000. Hantz Financial Services Inc. boosted its holdings in shares of Allegion by 120.9% during the 3rd quarter. Hantz Financial Services Inc. now owns 148 shares of the scientific and technical instruments company’s stock worth $26,000 after buying an additional 81 shares during the period. Atlantic Union Bankshares Corp bought a new stake in shares of Allegion during the 3rd quarter worth $29,000. Finally, Caitong International Asset Management Co. Ltd acquired a new position in Allegion in the 3rd quarter valued at $36,000. 92.21% of the stock is owned by institutional investors.

Insider Activity at Allegion

In other Allegion news, Director Steven Mizell sold 1,000 shares of Allegion stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $161.51, for a total value of $161,510.00. Following the transaction, the director owned 4,915 shares of the company’s stock, valued at approximately $793,821.65. The trade was a 16.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Sue Main purchased 2,000 shares of Allegion stock in a transaction dated Wednesday, March 11th. The stock was bought at an average price of $149.61 per share, with a total value of $299,220.00. Following the acquisition, the director directly owned 2,000 shares of the company’s stock, valued at approximately $299,220. This trade represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company insiders own 0.23% of the company’s stock.

Wall Street Analyst Weigh In

ALLE has been the topic of several recent analyst reports. Barclays dropped their target price on shares of Allegion from $180.00 to $176.00 and set an “equal weight” rating on the stock in a report on Monday, February 23rd. Wells Fargo & Company reaffirmed a “positive” rating on shares of Allegion in a research report on Tuesday, December 16th. JPMorgan Chase & Co. dropped their price objective on Allegion from $190.00 to $180.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 18th. Finally, Weiss Ratings reissued 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 company’s stock. According to MarketBeat.com, Allegion has an average rating of “Hold” and an average target price of $175.00.

Allegion Price Performance

Shares of ALLE stock opened at $145.95 on Wednesday. The company has a quick ratio of 1.16, a current ratio of 1.84 and a debt-to-equity ratio of 0.96. Allegion PLC has a 12-month low of $116.57 and a 12-month high of $183.11. The firm has a fifty day moving average of $162.85 and a 200-day moving average of $166.30. The firm has a market capitalization of $12.57 billion, a price-to-earnings ratio of 19.62, a price-to-earnings-growth ratio of 3.15 and a beta of 1.03.

Allegion (NYSE:ALLE) last posted 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 the consensus estimate of $1.04 billion. Allegion had a return on equity of 38.06% and a net margin of 15.83%.The business’s revenue was up 9.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.86 earnings per share. Allegion has set its FY 2026 guidance at 8.700-8.900 EPS. On average, equities research analysts forecast that Allegion PLC will post 7.77 earnings per share for the current year.

Allegion Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be issued a dividend of $0.55 per share. This is an increase from Allegion’s previous quarterly dividend of $0.51. The ex-dividend date is Friday, March 13th. This represents a $2.20 annualized dividend and a yield of 1.5%. Allegion’s dividend payout ratio is 29.57%.

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.