Allegion PLC $ALLE Shares Newly Purchased by NBT Bank N.A.

NBT Bank N.A. bought a new stake in Allegion PLC (NYSE:ALLE) in the third quarter, Holdings Channel reports. The fund bought 17,804 shares of the scientific and technical instruments company’s stock, valued at approximately $2,738,000.

Several other large investors have also recently bought and sold shares of ALLE. Continuum Advisory LLC bought a new stake in shares of Allegion during the 2nd quarter worth about $25,000. Elevation Wealth Partners LLC lifted its stake in shares of Allegion by 1,666.7% in the 2nd quarter. Elevation Wealth Partners LLC now owns 212 shares of the scientific and technical instruments company’s stock worth $30,000 after acquiring an additional 200 shares during the period. J.Safra Asset Management Corp bought a new position in shares of Allegion in the second quarter valued at approximately $42,000. Ameritas Advisory Services LLC bought a new position in shares of Allegion in the second quarter valued at approximately $44,000. Finally, Brown Lisle Cummings Inc. boosted its holdings in shares of Allegion by 14,733.3% in the third quarter. Brown Lisle Cummings Inc. now owns 445 shares of the scientific and technical instruments company’s stock valued at $68,000 after acquiring an additional 442 shares in the last quarter. Institutional investors and hedge funds own 92.21% of the company’s stock.

Insider Buying and Selling

In related news, SVP Timothy Eckersley sold 6,417 shares of the firm’s stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $157.26, for a total transaction of $1,009,137.42. Following the completion of the sale, the senior vice president directly owned 29,919 shares in the company, valued at approximately $4,705,061.94. This trade represents a 17.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Vincent Wenos sold 1,000 shares of the firm’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 transaction of $168,250.00. Following the sale, the senior vice president owned 12,096 shares of the company’s stock, valued at $2,035,152. The trade was a 7.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.64% of the company’s stock.

Key Stories Impacting Allegion

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 reached $1.17 billion versus expectations of $1.14 billion. Revenue grew 9.6% year over year, and earnings increased from $2.30 per share in the prior-year quarter. Allegion third-quarter earnings report
• Positive Sentiment: Guidance was raised: Management increased its 2026 adjusted EPS outlook to $9.05-$9.10, signaling confidence in continued operating momentum and margin expansion. The company also raised its full-year revenue outlook. Allegion raises 2026 earnings outlook
• Positive Sentiment: Americas demand remained strong: The earnings call highlighted robust growth in the Americas, with non-residential activity helping offset pressure in other regions. This regional strength was the main reason investors responded favorably to the report. Allegion earnings call highlights
• Neutral Sentiment: Allegion Ventures made a follow-on investment in Ambient.ai, a company developing agentic physical-security technology. The investment supports Allegion’s longer-term innovation strategy but is unlikely to materially affect near-term earnings. Allegion Ventures investment in Ambient.ai
• Negative Sentiment: International markets remained comparatively weak, creating an offset to the Americas-led performance and representing a risk to the company’s growth outlook if the softness persists.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on ALLE. Evercore reiterated an “outperform” rating and set a $180.00 price objective on shares of Allegion in a research note on Tuesday, September 22nd. 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 $170.00 price target on Allegion in a research note on Friday, July 24th. Finally, JPMorgan Chase & Co. increased their price target on Allegion from $150.00 to $170.00 and gave the company a “neutral” rating in a research note on Friday, July 24th. Three equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $162.50.

Allegion Price Performance

NYSE:ALLE opened at $176.01 on Friday. The company has a quick ratio of 1.23, a current ratio of 1.93 and a debt-to-equity ratio of 0.96. The business’s 50-day moving average price is $156.04 and its 200 day moving average price is $146.13. Allegion PLC has a 52-week low of $125.00 and a 52-week high of $183.11. The firm has a market cap of $14.97 billion, a P/E ratio of 23.10, a PEG ratio of 3.23 and a beta of 0.81.

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

Allegion Announces Dividend

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

Allegion Company Profile

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.