Allegion (ALLE)

• Market cap: $11.2B
• 1 day: -0.15%
• 5 days: 0.84%
• 1 month: 2.96%
• 3 months: 1.30%
• 6 months: -10.15%
• Year to date: 1.30%
• 1 year: -1.56%
• 5 years: 53.99%
• 10 years: 113.26%
• Sector: Consumer Discretionary
• Industry: Detective, Guard & Armored Car Services

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 2024, Allegion generated over 75% of sales in the United States. The company primarily competes with Sweden-based Assa Abloy, Switzerland-based Dormakaba, and US-based Fortune Brands Innovations.

Employees: 14,400

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

216% more call options, than puts

Call options by funds: $7.81M | Put options by funds: $2.47M

91% more first-time investments, than exits

New positions opened: 107 | Existing positions closed: 56

48% more repeat investments, than reductions

Existing positions increased: 251 | Existing positions reduced: 170

7% more funds holding

Funds holding: 603 [Q3] → 648 (+45) [Q4]

0.8% more ownership

Funds ownership: 93.89% [Q3] → 94.69% (+0.8%) [Q4]

9% less capital invested

Capital invested by funds: $11.8B [Q3] → $10.8B (-$1.06B) [Q4]

40% less funds holding in top 10

Funds holding in top 10: 5 [Q3] → 3 (-2) [Q4]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $126 3% downside
• Avg. target: $136 4% upside
• High target: $144 11% upside

4 analyst ratings

• positive: 0 0%
• neutral: 3 75%
• negative: 1 25%

Barclays Julian Mitchell 39% 1-year accuracy 51 / 132 met price target	3% downside $126	Underweight Maintained	26 Mar 2025
Morgan Stanley Joshua Pokrzywinski 0% 1-year accuracy 0 / 2 met price target	7% upside $139	Equal-Weight Maintained	19 Feb 2025
Wells Fargo Joseph O'Dea 42% 1-year accuracy 15 / 36 met price target	4% upside $135	Equal-Weight Maintained	19 Feb 2025
Baird Timothy Wojs 33% 1-year accuracy 15 / 45 met price target	11% upside $144	Neutral Maintained	19 Feb 2025