Allegion (NYSE:ALLE) SVP Sells $547,639.95 in Stock

11 May 2026, 13:30 by Renee Jackson · The Cerbat Gem

Allegion PLC (NYSE:ALLE – Get Free Report) SVP Robert Martens sold 3,993 shares of the business’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $137.15, for a total value of $547,639.95. Following the sale, the senior vice president owned 8,570 shares in the company, valued at approximately $1,175,375.50. The trade was a 31.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

Allegion Price Performance

ALLE traded down $1.19 during trading on Monday, reaching $133.19. 234,216 shares of the stock were exchanged, compared to its average volume of 951,253. The business’s 50 day moving average price is $145.77 and its two-hundred day moving average price is $158.38. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.91 and a quick ratio of 1.19. The company has a market capitalization of $11.45 billion, a price-to-earnings ratio of 18.17, a P/E/G ratio of 2.79 and a beta of 0.89. Allegion PLC has a 1 year low of $131.22 and a 1 year high of $183.11.

Allegion (NYSE:ALLE – Get Free Report) last posted its earnings results on Tuesday, April 28th. The scientific and technical instruments company reported $1.80 EPS for the quarter, missing analysts’ consensus estimates of $1.88 by ($0.08). The firm had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $1.03 billion. Allegion had a return on equity of 35.41% and a net margin of 15.24%.The firm’s revenue for the quarter was up 9.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.86 earnings per share. Allegion has set its FY 2026 guidance at 8.700-8.900 EPS. As a group, equities research analysts anticipate that Allegion PLC will post 8.73 earnings per share for the current year.

Allegion Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Monday, June 15th. Allegion’s payout ratio is presently 30.05%.

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 purchase up to 3.9% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s board believes its shares are undervalued.

Institutional Trading of Allegion

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Norges Bank purchased a new position in Allegion during the fourth quarter worth about $131,523,000. Panagora Asset Management Inc. lifted its position in 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 worth $99,401,000 after buying an additional 410,346 shares during the period. IFM Investors Pty Ltd lifted its position in Allegion by 2,013.5% during the first quarter. IFM Investors Pty Ltd now owns 355,233 shares of the scientific and technical instruments company’s stock worth $51,612,000 after buying an additional 338,425 shares during the period. Franklin Resources Inc. lifted its position in Allegion by 163.9% during 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. Finally, Millennium Management LLC lifted its position in Allegion by 817.1% during the third quarter. Millennium Management LLC now owns 308,430 shares of the scientific and technical instruments company’s stock worth $54,700,000 after buying an additional 274,800 shares during the period. 92.21% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Bank of America reduced their price objective on Allegion from $185.00 to $157.00 and set a “neutral” rating on the stock in a research report on Monday, April 20th. Robert W. Baird set a $165.00 price objective on Allegion in a research report on Wednesday, April 29th. JPMorgan Chase & Co. reduced their price objective on Allegion from $180.00 to $170.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 29th. Wells Fargo & Company reduced their price objective on Allegion from $175.00 to $155.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 1st. Finally, Evercore upgraded Allegion to a “strong-buy” rating in a research report on Monday, April 13th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Allegion has an average rating of “Hold” and a consensus target price of $164.00.

Read Our Latest Report on ALLE

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.