AllegionALLE
ALLE
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
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
1,808% more call options, than puts
Call options by funds: $25.3M | Put options by funds: $1.33M
150% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 5 (+3) [Q3]
45% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 58
19% more capital invested
Capital invested by funds: $9.83B [Q2] → $11.7B (+$1.88B) [Q3]
5% more funds holding
Funds holding: 575 [Q2] → 601 (+26) [Q3]
10% more repeat investments, than reductions
Existing positions increased: 210 | Existing positions reduced: 191
2.52% less ownership
Funds ownership: 95.64% [Q2] → 93.12% (-2.52%) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$137
4%
upside
Avg. target
$148
12%
upside
High target
$152
15%
upside
4 analyst ratings
0 positive
0%
3 neutral
75%
1 negative
25%
Barclays Julian Mitchell 61% 1-year accuracy 62 / 101 met price target | 4%upside $137 | Underweight Maintained | 28 Oct 2024 |
Baird Timothy Wojs 54% 1-year accuracy 25 / 46 met price target | 15%upside $152 | Neutral Maintained | 25 Oct 2024 |
Mizuho Brett Linzey 87% 1-year accuracy 27 / 31 met price target | 13%upside $150 | Neutral Maintained | 17 Oct 2024 |
Wells Fargo Joseph O'Dea 70% 1-year accuracy 19 / 27 met price target | 15%upside $152 | Equal-Weight Maintained | 7 Oct 2024 |
Financial journalist opinion
Based on 8 articles about ALLE published over the past 30 days
Neutral
PRNewsWire
2 days ago
SILVERSTEIN INTRODUCES RESIDENT KEYS IN APPLE WALLET
All residents at 606 West 42nd Street, a multi-family housing location in New York City, are able to access the building, their units, and amenities with a simple tap of an iPhone or Apple Watch NEW YORK , Dec. 18, 2024 /PRNewswire/ -- Silverstein Properties, a leading real estate development, investment, and management firm, and its partners SwiftConnect, Allegion, and Kastle, today announced they are live with resident keys in Apple Wallet for all apartment units at a multi-family housing location: Silverstein's Silver Towers residential property at 606 West 42nd Street in New York City. Silverstein's residential tenants now have an easy and secure way to add a resident key to Apple Wallet to access the apartment building and unlock their homes with a simple tap of an iPhone or Apple Watch—thus eliminating the need to use a traditional, physical key.
Positive
Zacks Investment Research
4 days ago
Here's Why Allegion (ALLE) is a Strong Value Stock
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Positive
Zacks Investment Research
1 week ago
Here's Why You Should Consider Investing in Allegion Stock Right Now
ALLE gains from solid momentum across its segments, accretive acquisitions and shareholder-friendly policies.
Neutral
PRNewsWire
2 weeks ago
Allegion is the First Security Solutions Provider to Support Mobile Credentials on Wear OS by Google Smartwatches
New enhancements to Allegion's groundbreaking credential technology provides seamless access for Schlage mobile credentials like student IDs and employee badges in Google Wallet on Wear OS smartwatches CARMEL, Ind. , Dec. 6, 2024 /PRNewswire/ -- Allegion US , a leader in security products and solutions, is the first to support mobile credentials in Google Wallet™ on Wear OS smartwatches.
Neutral
Business Wire
2 weeks ago
Allegion Declares Quarterly Dividend
DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, today announced that its board of directors declared a quarterly dividend of $0.48 per ordinary share of the company. The dividend is payable on Dec. 31, 2024, to shareholders of record on Dec. 17, 2024. About Allegion Allegion (NYSE: ALLE) is a global pioneer in seamless access, with leading brands like CISA®, Interflex®, LCN®, Schlage®, SimonsVoss® and Von Duprin®. Focusing on securi.
Neutral
Business Wire
2 weeks ago
Allegion Appoints Gregg Sengstack to Board of Directors
DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, has appointed Gregg Sengstack, executive chairperson of Franklin Electric Company, Inc., to the Allegion Board of Directors (Board). With Sengstack's appointment, Allegion has a nine-member board, including eight independent directors. Sengstack will sit on the Board's Audit and Finance Committee, Compensation and Human Capital Committee as well as its Corporate Governance and Nominati.
Positive
Zacks Investment Research
2 weeks ago
4 Stocks to Gain From the Thriving Security and Safety Industry
Growing awareness for safety and security among people favors the Zacks Security and Safety Services industry's near-term prospects. ALLE, MSA, ADT and ALRM are some notable stocks in the industry.
Positive
Zacks Investment Research
3 weeks ago
ALLE vs. AXON: Which Stock Is the Better Value Option?
Investors interested in stocks from the Security and Safety Services sector have probably already heard of Allegion (ALLE) and Axon Enterprise (AXON). But which of these two stocks is more attractive to value investors?
Neutral
Business Wire
1 month ago
Allegion Ventures Leads Series A Funding Round for Serenity
CARMEL, Ind.--(BUSINESS WIRE)--Allegion Ventures – the corporate venture fund of Allegion plc – has expanded its strategic portfolio as the lead investor in a Series A funding round for Serenity, a leader in innovative, AI-powered environmental, health and safety (EHS) software solutions. Serenity offers cloud-based and AI-powered tools that drive safety, compliance and operational efficiency for businesses across the globe – ultimately helping protect employee wellbeing while also providing pe.
Neutral
Business Wire
1 month ago
Jeff Braun Reappointed as Allegion General Counsel
DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE) a leading global security products and solutions provider, has reappointed Jeff Braun as senior vice president, general counsel and corporate secretary. This role was most recently held by Stacy Cozad, who has left the company. Braun previously served as general counsel at Allegion for more than 10 years. His experience additionally spans work at Ingersoll Rand, General Motors and a private law firm. Braun earned his juris doctor degree magna c.
Charts implemented using Lightweight Charts™