AllegionALLE
About: Allegion is a global security products company with a portfolio of leading brands such as Schlage, Von Duprin, and LCN. The Ireland-domiciled company was created via a spinoff transaction from Ingersoll-Rand in December 2013. In fiscal 2023, Allegion generated 75% of sales in the United States. The company primarily competes with Sweden-based Assa Abloy and Switzerland-based Dormakaba.
Employees: 12,400
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
589% more call options, than puts
Call options by funds: $15.5M | Put options by funds: $2.26M
100% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 2 (+1) [Q2]
15% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 61
13% more repeat investments, than reductions
Existing positions increased: 206 | Existing positions reduced: 182
2% more funds holding
Funds holding: 565 [Q1] → 574 (+9) [Q2]
0.59% less ownership
Funds ownership: 94.42% [Q1] → 93.83% (-0.59%) [Q2]
13% less capital invested
Capital invested by funds: $11.1B [Q1] → $9.65B (-$1.42B) [Q2]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Mizuho Brett Linzey 71% 1-year accuracy 12 / 17 met price target | 2%downside $150 | Neutral Maintained | 17 Oct 2024 |
Wells Fargo Joseph O'Dea 81% 1-year accuracy 22 / 27 met price target | 0%downside $152 | Equal-Weight Maintained | 7 Oct 2024 |
Barclays Julian Mitchell 77% 1-year accuracy 58 / 75 met price target | 11%downside $135 | Underweight Maintained | 2 Oct 2024 |
Wells Fargo Joseph O'Dea 81% 1-year accuracy 22 / 27 met price target | 10%downside $137 | Equal-Weight Maintained | 25 Jul 2024 |
Barclays Julian Mitchell 77% 1-year accuracy 58 / 75 met price target | 23%downside $117 | Underweight Maintained | 25 Jul 2024 |
Financial journalist opinion
Based on 11 articles about ALLE published over the past 30 days