Allegion (NYSE:ALLE) Releases Quarterly Earnings Results, Misses Expectations By $0.08 EPS

29 Apr 2026, 17:20 by Jessica Moore · The Cerbat Gem

Allegion (NYSE:ALLE – Get Free Report) released its quarterly earnings data on Tuesday. The scientific and technical instruments company reported $1.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.88 by ($0.08), FiscalAI reports. The firm had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $1.10 billion. Allegion had a return on equity of 38.06% and a net margin of 15.83%.Allegion’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same period last year, the firm posted $1.86 earnings per share. Allegion updated its FY 2026 guidance to 8.700-8.900 EPS.

Here are the key takeaways from Allegion’s conference call:

Allegion reported Q1 revenue of just over $1 billion, up 9.7% reported / 2.6% organic, while adjusted operating margin fell 150 bps to 21.2% and adjusted EPS was $1.80 (down 3.2% YoY).
An ERP implementation in a legacy international mechanical business drove most of the International organic decline (‑5.3%) and a 220 bps margin hit, though management says production is improving and expects to recover the Q1 shortfall over the rest of 2026.
Allegion closed the DCI acquisition to bolster West Coast hollow-metal door capacity, raised reported revenue guidance to 6%–8% (to include DCI), and expects the deal to improve competitiveness and long‑term profitability despite limited near‑term EPS accretion.
Capital allocation remains shareholder friendly — $47M in dividends, $40M of repurchases in Q1, a newly approved $500M share repurchase program, and a healthy net debt/EBITDA of 1.7x supporting continued buybacks and bolt‑on M&A.

Allegion Stock Down 7.0%

Allegion stock opened at $138.06 on Wednesday. The company has a market capitalization of $11.86 billion, a P/E ratio of 18.56, a PEG ratio of 2.79 and a beta of 1.02. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.16 and a current ratio of 1.84. Allegion has a fifty-two week low of $134.67 and a fifty-two week high of $183.11. The stock has a 50-day simple moving average of $148.25 and a 200-day simple moving average of $159.80.

Allegion Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a dividend of $0.55 per share. The ex-dividend date is Monday, June 15th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.6%. Allegion’s payout ratio is 29.57%.

Analyst Upgrades and Downgrades

ALLE has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. decreased their price target on Allegion from $190.00 to $180.00 and set an “overweight” rating for the company in a report on Wednesday, February 18th. Wells Fargo & Company dropped their price objective on Allegion from $175.00 to $155.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 1st. Barclays decreased their target price on Allegion from $176.00 to $165.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 1st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Allegion in a report on Wednesday, January 21st. Finally, Bank of America dropped their price target on shares of Allegion from $185.00 to $157.00 and set a “neutral” rating on the stock in a research note on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $168.88.

Check Out Our Latest Analysis on Allegion

Trending Headlines about Allegion

Here are the key news stories impacting Allegion this week:

Positive Sentiment: Board authorizes a $500 million buyback (up to ~3.9% of shares), a clear capital-return signal that can support EPS and share price over time. RTT News
Positive Sentiment: Top-line momentum: Q1 revenue rose ~9.7% YoY to $1.03B, driven by strong Americas non-residential and electronics growth — evidence that core demand outside residential remains healthy. BusinessWire: Q1 Results
Neutral Sentiment: FY2026 guidance set to $8.70–$8.90 EPS and revenue ~$4.3–$4.4B, essentially in line with consensus — limits upside from guidance but reduces the risk of a disappointing outlook. Company Slide Deck
Negative Sentiment: Earnings miss: Q1 EPS was $1.80 vs. consensus ~$1.88 — the shortfall and margin compression (rising input costs) weigh on near-term profitability and investor sentiment. Zacks: Q1 Miss
Negative Sentiment: Weakness in residential security demand was called out by coverage as a contributor to the miss, suggesting end-market and product-mix headwinds that could persist. MSN: Weak Residential Demand

Insider Buying and Selling

In other news, Director Sue Main acquired 2,000 shares of Allegion stock in a transaction on Wednesday, March 11th. The stock was bought at an average price of $149.61 per share, for a total transaction of $299,220.00. Following the completion of the purchase, the director owned 2,000 shares in the company, valued at $299,220. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Steven Mizell sold 1,000 shares of the 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 completion of the sale, the director directly owned 4,915 shares of the company’s stock, valued at $793,821.65. The trade was a 16.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.23% of the company’s stock.

Institutional Trading of Allegion

Several institutional investors and hedge funds have recently bought and sold shares of ALLE. Sivia Capital Partners LLC acquired a new position in Allegion in the second quarter valued at $208,000. Jones Financial Companies Lllp boosted its stake in shares of Allegion by 44.2% during the first quarter. Jones Financial Companies Lllp now owns 1,629 shares of the scientific and technical instruments company’s stock worth $213,000 after buying an additional 499 shares during the period. Integrated Quantitative Investments LLC purchased a new position in shares of Allegion during the fourth quarter worth about $205,000. Transamerica Financial Advisors LLC increased its position in Allegion by 8.1% in the 4th quarter. Transamerica Financial Advisors LLC now owns 1,214 shares of the scientific and technical instruments company’s stock valued at $193,000 after acquiring an additional 91 shares during the period. Finally, Aster Capital Management DIFC Ltd acquired a new position in Allegion in the 4th quarter valued at about $188,000. Hedge funds and other institutional investors own 92.21% of the company’s stock.

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

Allegion Company Profile

(Get Free Report)

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.