Allegion (NYSE:ALLE) SVP Sells $799,101.89 in Stock

27 Oct 2026, 19:09 by Kim Johansen · The Markets Daily

Allegion PLC (NYSE:ALLE – Get Free Report) SVP Tracy Kemp sold 4,469 shares of the company’s stock in a transaction dated Monday, October 26th. The shares were sold at an average price of $178.81, for a total transaction of $799,101.89. Following the completion of the sale, the senior vice president directly owned 11,358 shares of the company’s stock, valued at $2,030,923.98. The trade was a 28.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Allegion Stock Performance

Shares of ALLE stock traded up $1.16 during midday trading on Tuesday, hitting $179.38. The company had a trading volume of 640,100 shares, compared to its average volume of 1,102,331. Allegion PLC 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 0.94, a current ratio of 1.90 and a quick ratio of 1.24. The company’s 50 day simple moving average is $156.74 and its 200 day simple moving average is $150.37. The stock has a market cap of $15.25 billion, a price-to-earnings ratio of 22.31, a PEG ratio of 3.59 and a beta of 0.81.

Allegion (NYSE:ALLE – Get Free Report) last issued its quarterly earnings results on Thursday, October 22nd. The scientific and technical instruments company reported $2.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.50 by $0.10. Allegion had a net margin of 15.74% and a return on equity of 35.52%. The business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.14 billion. During the same period in the previous year, the business posted $2.30 earnings per share. The business’s revenue was up 9.6% compared to the same quarter last year. Research analysts anticipate that Allegion PLC will post 9.04 earnings per share for the current fiscal year.

Allegion Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were issued a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 1.2%. The ex-dividend date was Tuesday, September 15th. Allegion’s dividend payout ratio (DPR) is 27.40%.

Hedge Funds Weigh In On Allegion

A number of hedge funds have recently made changes to their positions in ALLE. Dimensional Fund Advisors LP increased its stake in Allegion by 1.6% during the first quarter. Dimensional Fund Advisors LP now owns 853,222 shares of the scientific and technical instruments company’s stock worth $123,952,000 after acquiring an additional 13,186 shares during the last quarter. Hawk Ridge Capital Management LP raised its holdings in shares of Allegion by 32.9% in the 1st quarter. Hawk Ridge Capital Management LP now owns 802,807 shares of the scientific and technical instruments company’s stock worth $116,640,000 after purchasing an additional 198,800 shares during the period. The Manufacturers Life Insurance Company lifted its stake in shares of Allegion by 19.4% in the 1st quarter. The Manufacturers Life Insurance Company now owns 599,326 shares of the scientific and technical instruments company’s stock valued at $87,076,000 after purchasing an additional 97,304 shares in the last quarter. Boston Trust Walden Corp lifted its stake in shares of Allegion by 8.1% in the 1st quarter. Boston Trust Walden Corp now owns 566,792 shares of the scientific and technical instruments company’s stock valued at $82,349,000 after purchasing an additional 42,660 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of Allegion by 5.5% during the 1st quarter. Bank of America Corp DE now owns 542,132 shares of the scientific and technical instruments company’s stock worth $78,766,000 after purchasing an additional 28,449 shares during the period. Institutional investors and hedge funds own 92.21% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on ALLE. Evercore reiterated an “outperform” rating and set a $180.00 target price on shares of Allegion in a report on Tuesday, September 22nd. Bank of America raised Allegion from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $164.00 to $200.00 in a report on Friday. Weiss Ratings upgraded Allegion from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Mizuho set a $180.00 price objective on Allegion in a research note on Friday. Finally, Morgan Stanley set a $170.00 price objective on Allegion in a research report on Monday. Five investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Allegion presently has an average rating of “Moderate Buy” and an average target price of $179.60.

Check Out Our Latest Stock Analysis on ALLE

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.