Pictet Asset Management Holding SA Sells 280,555 Shares of Allegion PLC $ALLE

01 May 2026, 05:54 by Jessica Moore · The Cerbat Gem

Pictet Asset Management Holding SA lessened its stake in shares of Allegion PLC (NYSE:ALLE – Free Report) by 67.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 136,811 shares of the scientific and technical instruments company’s stock after selling 280,555 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Allegion were worth $21,784,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Allegion by 7.0% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,592 shares of the scientific and technical instruments company’s stock worth $1,251,000 after buying an additional 626 shares in the last quarter. NewEdge Advisors LLC grew its stake in Allegion by 35.3% during the first quarter. NewEdge Advisors LLC now owns 3,272 shares of the scientific and technical instruments company’s stock valued at $427,000 after acquiring an additional 854 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in Allegion by 44.2% during the 1st quarter. Jones Financial Companies Lllp now owns 1,629 shares of the scientific and technical instruments company’s stock worth $213,000 after acquiring an additional 499 shares during the period. Empowered Funds LLC lifted its stake in Allegion by 13.0% in the 1st quarter. Empowered Funds LLC now owns 5,673 shares of the scientific and technical instruments company’s stock worth $740,000 after purchasing an additional 651 shares in the last quarter. Finally, Focus Partners Wealth lifted its stake in Allegion by 204.5% in the 1st quarter. Focus Partners Wealth now owns 7,186 shares of the scientific and technical instruments company’s stock worth $937,000 after purchasing an additional 4,826 shares in the last quarter. 92.21% of the stock is currently owned by institutional investors.

Allegion Stock Performance

Shares of NYSE ALLE opened at $137.68 on Friday. The stock’s 50-day moving average is $147.28 and its 200 day moving average is $159.49. The stock has a market cap of $11.83 billion, a price-to-earnings ratio of 18.81, a P/E/G ratio of 2.58 and a beta of 1.02. Allegion PLC has a 1-year low of $134.67 and a 1-year high of $183.11. The company has a current ratio of 1.91, a quick ratio of 1.16 and a debt-to-equity ratio of 0.97.

Allegion (NYSE:ALLE – Get Free Report) last issued its earnings results on Tuesday, April 28th. 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). Allegion had a return on equity of 35.41% and a net margin of 15.24%.The firm had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $1.03 billion. During the same period in the prior year, the company earned $1.86 EPS. The firm’s quarterly revenue was up 9.7% compared to the same quarter last year. Allegion has set its FY 2026 guidance at 8.700-8.900 EPS. On average, sell-side analysts anticipate that Allegion PLC will post 8.75 EPS for the current fiscal year.

Allegion declared that its Board of Directors has approved a share buyback program on Tuesday, April 28th that authorizes the company to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the scientific and technical instruments company to purchase up to 3.9% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its shares are undervalued.

Allegion Dividend Announcement

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

Insider Buying and Selling at Allegion

In other Allegion news, Director Sue Main purchased 2,000 shares of the business’s stock in a transaction on Wednesday, March 11th. The stock was acquired at an average cost of $149.61 per share, for a total transaction of $299,220.00. Following the completion of the transaction, the director directly owned 2,000 shares in the company, valued at approximately $299,220. This represents a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Steven Mizell sold 1,000 shares of the company’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $161.51, for a total transaction of $161,510.00. Following the sale, 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 disclosure for this sale is available in the SEC filing. 0.23% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research firms have recently commented on ALLE. Barclays reduced their price target on shares of Allegion from $165.00 to $161.00 and set an “equal weight” rating for the company in a research report on Wednesday. Evercore upgraded Allegion to a “strong-buy” rating in a research report on Monday, April 13th. Robert W. Baird set a $165.00 target price on Allegion in a research report on Wednesday. Weiss Ratings restated a “buy (b)” rating on shares of Allegion in a research note on Wednesday, January 21st. Finally, Bank of America lowered their price target on Allegion from $185.00 to $157.00 and set a “neutral” rating on the stock in a report on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, Allegion currently has an average rating of “Hold” and a consensus target price of $164.00.

Check Out Our Latest Analysis on ALLE

Allegion Company Profile

(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.