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 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
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 4 analysts
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
94% more first-time investments, than exits
New positions opened: 105 | Existing positions closed: 54
49% more repeat investments, than reductions
Existing positions increased: 249 | Existing positions reduced: 167
6% more funds holding
Funds holding: 603 [Q3] → 639 (+36) [Q4]
0.27% more ownership
Funds ownership: 94.04% [Q3] → 94.31% (+0.27%) [Q4]
8% less capital invested
Capital invested by funds: $11.8B [Q3] → $10.8B (-$1.01B) [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
$130
2%
upside
Avg. target
$137
8%
upside
High target
$144
13%
upside
4 analyst ratings
0 positive
0%
3 neutral
75%
1 negative
25%
Morgan Stanley Joshua Pokrzywinski 50% 1-year accuracy 1 / 2 met price target | 9%upside $139 | Equal-Weight Maintained | 19 Feb 2025 |
Wells Fargo Joseph O'Dea 50% 1-year accuracy 18 / 36 met price target | 6%upside $135 | Equal-Weight Maintained | 19 Feb 2025 |
Baird Timothy Wojs 39% 1-year accuracy 18 / 46 met price target | 13%upside $144 | Neutral Maintained | 19 Feb 2025 |
Barclays Julian Mitchell 55% 1-year accuracy 63 / 115 met price target | 2%upside $130 | Underweight Maintained | 19 Feb 2025 |
Financial journalist opinion
Based on 14 articles about ALLE published over the past 30 days
Positive
Zacks Investment Research
3 days ago
Allegion's Q4 Earnings & Revenues Surpass Estimates, Increase Y/Y
ALLE's fourth-quarter revenues increase 5.4% year over year, driven by price realization and volume growth in the Americas region.
Neutral
Seeking Alpha
3 days ago
Allegion plc (ALLE) Q4 2024 Earnings Call Transcript
Allegion plc (NYSE:ALLE ) Q4 2024 Earnings Conference Call February 18, 2025 8:00 AM ET Company Participants Josh Pokrzywinski - Vice President of Investor Relations John Stone - President and Chief Executive Officer Mike Wagnes - Senior Vice President and Chief Financial Officer Conference Call Participants Jeffrey Sprague - Vertical Research Partners Julian Mitchell - Barclays Joe O'Dea - Wells Fargo Securities Timothy Wojs - Baird Brett Linzey - Mizuho Securities Christopher Snyder - Morgan Stanley Operator Good morning and welcome to the Allegion Fourth Quarter 2024 Earnings Call. All participants will be in listen-only mode.
Positive
Zacks Investment Research
3 days ago
Allegion (ALLE) Q4 Earnings and Revenues Beat Estimates
Allegion (ALLE) came out with quarterly earnings of $1.86 per share, beating the Zacks Consensus Estimate of $1.74 per share. This compares to earnings of $1.68 per share a year ago.
Neutral
Business Wire
4 days ago
Allegion (NYSE: ALLE) Reports Q4, Full-Year 2024 Financial Results, Introduces 2025 Outlook
DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, today reported financial results for its fourth quarter (ended Dec. 31, 2024). “Allegion delivered a record year in 2024 – a year marked by consistent, strong execution, solid margin expansion and balanced capital deployment,” said Allegion President and CEO John H. Stone. “These results are a testament to our team of highly engaged experts who, together with our distribution and chann.
Positive
Seeking Alpha
4 days ago
Allegion: Right Business Model At The Right Time
Allegion, an American provider of security products for homes and businesses globally, is now an $11 billion (by market cap) security competitor. ALLE has been able to consistently generate rising revenue, profit, and dividends since its spin-off. Allegion has increased its dividend for 11 consecutive years, with a 10-year dividend growth rate of 19.6%.
Neutral
PRNewsWire
1 week ago
Schlage Named America's Most Trusted® Lock Brand for Sixth Consecutive Year
Leading Lock Brand Rated as Most Trusted Door Lock Brand in Annual Study CARMEL, Ind. , Feb. 14, 2025 /PRNewswire/ -- Schlage®, a distinguished leader in home security and access solutions for over a century, has once again been recognized as the most trusted brand in the 2025 America's Most Trusted® Door Locks & Hardware Study conducted by Lifestory Research.
Neutral
Business Wire
1 week ago
Allegion to Acquire Lemaar, Expanding Security and Accessibility Portfolio in Australia
DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, through one of its subsidiaries, has signed a definitive agreement to acquire Lemaar Australia Pty Ltd (Lemaar), a privately held door hardware company based in Victoria, Australia. This acquisition is expected to close in the first quarter of 2025, subject to customary closing conditions. Founded in 1999, Lemaar is well-known in Australia for its high-quality security and accessibilit.
Positive
Zacks Investment Research
1 week ago
Allegion Gears Up to Post Q4 Earnings: Here's What to Expect
ALLE's fourth-quarter results are likely to benefit from strength in the Americas and International units along with acquisitions. Rising operating expenses are likely to affect its results.
Positive
Zacks Investment Research
1 week ago
Here's Why Allegion (ALLE) is a Strong Momentum Stock
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Neutral
Zacks Investment Research
1 week ago
Allegion (ALLE) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Allegion (ALLE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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