Allegion (NYSE:ALLE) Issues FY 2026 Earnings Guidance

by · The Markets Daily

Allegion (NYSE:ALLE – Get Free Report) updated its FY 2026 earnings guidance on Friday morning. The company provided earnings per share guidance of 9.050-9.100 for the period, compared to the consensus earnings per share estimate of 8.960. The company issued revenue guidance of $4.5 billion, compared to the consensus revenue estimate of $4.4 billion.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on ALLE. Weiss Ratings upgraded Allegion from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Robert W. Baird set a $196.00 price objective on Allegion in a research note on Friday. Bank of America upgraded Allegion from a “neutral” rating to a “buy” rating and upped their price objective for the company from $164.00 to $200.00 in a report on Friday. Mizuho set a $180.00 target price on Allegion in a research note on Friday. Finally, Evercore restated an “outperform” rating and set a $180.00 target price on shares of Allegion in a report on Tuesday, September 22nd. Four research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $173.56.

View Our Latest Stock Analysis on Allegion

Allegion Trading Up 1.3%

ALLE traded up $2.32 during mid-day trading on Friday, hitting $178.84. The stock had a trading volume of 676,674 shares, compared to its average volume of 1,096,329. The stock’s fifty day simple moving average is $156.04 and its 200-day simple moving average is $146.13. The firm has a market capitalization of $15.21 billion, a price-to-earnings ratio of 23.47, a price-to-earnings-growth ratio of 3.23 and a beta of 0.81. Allegion has a 1-year low of $125.00 and a 1-year high of $183.11. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.93 and a quick ratio of 1.23.

Allegion (NYSE:ALLE – Get Free Report) last announced its quarterly earnings results on Thursday, October 22nd. The scientific and technical instruments company reported $2.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.50 by $0.10. The company had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.14 billion. Allegion had a net margin of 15.36% and a return on equity of 35.41%. The firm’s revenue was up 9.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.30 EPS. As a group, research analysts forecast that Allegion will post 8.94 EPS for the current fiscal year.

Allegion Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were given a dividend of $0.55 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.2%. Allegion’s dividend payout ratio (DPR) is currently 28.87%.

Insider Transactions at Allegion

In related news, SVP Vincent Wenos sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $168.25, for a total value of $168,250.00. Following the completion of the transaction, the senior vice president directly owned 12,096 shares in the company, valued at approximately $2,035,152. The trade was a 7.64% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Timothy P. Eckersley sold 6,417 shares of the stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $157.26, for a total value of $1,009,137.42. Following the sale, the senior vice president directly owned 29,919 shares of the company’s stock, valued at approximately $4,705,061.94. The trade was a 17.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.64% of the stock is currently owned by insiders.

Key Allegion News

Here are the key news stories impacting Allegion this week:

  • Positive Sentiment: Q3 results exceeded expectations: Allegion reported adjusted earnings of $2.60 per share, above the $2.50 consensus estimate, while revenue rose 9.6% year over year to $1.17 billion, surpassing expectations of $1.14 billion. Allegion Q3 earnings report
  • Positive Sentiment: Management raised its outlook: Allegion now expects fiscal 2026 adjusted EPS of $9.05-$9.10, above the $8.96 consensus, and revenue of approximately $4.5 billion versus the $4.4 billion analyst estimate. The company also lifted its reported revenue-growth outlook to 9.5%-10.5%. Allegion raises 2026 guidance
  • Positive Sentiment: Americas demand remains strong: Americas non-residential organic revenue grew at a low-double-digit rate, supported by continued momentum and margin expansion. This strength was the primary factor behind the improved outlook. Allegion long-term investor takeaways
  • Positive Sentiment: Bank of America upgraded Allegion: The firm raised its rating from “neutral” to “buy” and increased its price target from $164 to $200, signaling greater confidence in the company’s earnings trajectory and valuation potential. Bank of America analyst recommendations
  • Negative Sentiment: International performance remains a concern: Coverage of the earnings call indicated that growth was led by the Americas, while weaker international conditions continue to weigh on the overall business mix.

Allegion Company Profile

(Get Free Report)

Allegion plc (NYSE:ALLE) is a global security products and solutions company focused on protecting people and property. Its portfolio includes mechanical and electronic locks, access control systems, door closers, exit devices, door controls, and commercial doors and frames.

The company serves commercial, institutional, industrial, and residential customers through well-known brands including Schlage, Von Duprin, LCN, Steelcraft, Briton, and aptiQ. Its offerings range from traditional hardware to connected and electronic access solutions designed for offices, schools, healthcare facilities, multifamily properties, and homes.

Allegion was established as an independent public company in 2013 following its separation from Ingersoll Rand.

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