Allegion (ALLE)

• Market cap: $10.6B
• 1 day: -2.16%
• 5 days: 9.50%
• 1 month: 5.32%
• 3 months: 0.73%
• 6 months: -4.28%
• Year to date: 6.14%
• 1 year: 9.31%
• 5 years: 37.77%
• 10 years: 125.27%
• Sector: Industrials
• Industry: Security & Protection 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 disclosures by fund managers ($100M+ AUM)

216% more call options, than puts

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

93% more first-time investments, than exits

New positions opened: 108 | Existing positions closed: 56

51% more repeat investments, than reductions

Existing positions increased: 253 | Existing positions reduced: 168

8% more funds holding

Funds holding: 603 [Q3] → 649 (+46) [Q4]

1.69% more ownership

Funds ownership: 92.97% [Q3] → 94.65% (+1.69%) [Q4]

8% less capital invested

Capital invested by funds: $11.7B [Q3] → $10.7B (-$948M) [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: $128 6% downside
• Avg. target: $138 1% upside
• High target: $150 10% upside

4 analyst ratings

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

Baird Timothy Wojs 22% 1-year accuracy 8 / 37 met price target	10% upside $150	Neutral Maintained	25 Apr 2025
Barclays Julian Mitchell 38% 1-year accuracy 48 / 127 met price target	6% downside $128	Underweight Maintained	25 Apr 2025
Morgan Stanley Joshua Pokrzywinski 0% 1-year accuracy 0 / 2 met price target	2% upside $139	Equal-Weight Maintained	19 Feb 2025
Wells Fargo Joseph O'Dea 40% 1-year accuracy 14 / 35 met price target	1% downside $135	Equal-Weight Maintained	19 Feb 2025