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$ALLE

12 stories mentioning ALLE

Every FINWIRES story that references ALLE, newest first.

Research

JPMorgan Downgrades Allegion to Neutral From Overweight, Adjusts PT to $150 From $170

Allegion (ALLE) has an average rating of overweight and mean price target of $167.36, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$ALLE
Insider Trading

Allegion Insider Sold Shares Worth $547,640, According to a Recent SEC Filing

Robert C. Martens, Senior Vice President, Chief Innovation and Design Officer, on May 07, 2026, sold 3,993 shares in Allegion (ALLE) for $547,640. Following the Form 4 filing with the SEC, Martens has control over a total of 8,570 ordinary shares of the company, with 8,570 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1579241/000179621526000010/xslF345X05/wk-form4_1778516311.xmlPrice: $133.05, Change: $-1.32, Percent Change: -0.98%

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Research

Research Alert: CFRA Maintains Strong Buy Opinion On Shares Of Allegion Plc

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lower our 12-month price target by $12 to $200 on an average of a forward P/E of 18x our 2027 EPS view of $9.45 (-$0.12), which yields $170, and our DCF model, assuming a terminal growth rate of 2.5%, WACC of 5.7% and 10-year FCFF CAGR of 18.2%, which yields $230. We lower our 2026 EPS estimate by $0.06 to $8.80. Although ALLE missed Q1 estimates, we keep our Strong Buy view due to strong execution fundamentals and attractive growth prospects, supported by sales expansion and margin improvement. We see continued sales and margin growth in 2026/2027, led by ALLE's electronics portfolio (up low double digits with secular tailwinds from smart building adoption), accretive M&A, and strength in nonresidential markets, particularly data centers, hospitality, office, and health care markets (~75% of ALLE's revenue base). Strong cash flow and a healthy balance sheet underpin our view. ALLE is demonstrating defensive characteristics through aftermarket exposure and growth potential through technology adoption.

$ALLE
Wire

Baird Adjusts Price Target on Allegion Public to $165 From $190, Maintains Neutral Rating

Allegion Public (ALLE) has an average rating of overweight and mean price target of $167.36, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $138.98, Change: $+1.12, Percent Change: +0.81%

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Wire

JPMorgan Adjusts Price Target on Allegion Public to $170 From $180, Maintains Overweight Rating

Allegion Public (ALLE) has an average rating of overweight and mean price target of $167.36, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $138.98, Change: $+1.12, Percent Change: +0.81%

$ALLE
Wire

Barclays Adjusts Price Target on Allegion Public to $161 From $165, Maintains Equalweight Rating

Allegion Public (ALLE) has an average rating of overweight and mean price target of $167.36, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $139.24, Change: $+1.38, Percent Change: +1.00%

$ALLE
Wire

Goldman Sachs Adjusts Price Target on Allegion Public to $176 From $187, Maintains Buy Rating

Allegion Public (ALLE) has an average rating of overweight and mean price target of $167.36, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $139.24, Change: $+1.38, Percent Change: +1.00%

$ALLE
Wire

Barclays Cuts Allegion Public Price Target to $161 From $165

Allegion Public (ALLE) has an average rating of overweight and mean price target of $173.45, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $137.30, Change: $-11.10, Percent Change: -7.48%

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Commodities

Exchange-Traded Funds Lower, Equity Futures Mixed Pre-Bell Tuesday Amid Higher Oil Prices, Earnings Deluge

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 0.7% and the actively traded Invesco QQQ Trust (QQQ) was 1.4% lower in Tuesday's premarket activity amid higher oil prices and a deluge of corporate earnings reports.US stock futures were mixed, with S&P 500 Index futures down 0.7%, Dow Jones Industrial Average futures gaining 0.2%, and Nasdaq futures retreating 1.2% before the start of regular trading.The Case-Shiller Home Price Index and the Federal Housing Finance Agency House Price Index, both for February, will be released at 9 am ET.April's consumer confidence report and Richmond Fed manufacturing index will be released at 10 am ET.In premarket activity, bitcoin was down by 0.7%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 1% lower, Ether ETF (EETH) retreated by 0.7%, and Bitcoin & Ether Market Cap Weight ETF (BETH) declined by 0.01%.Power Play:IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) retreated by 0.5%, while the Vanguard Industrials Index Fund (VIS) was flat and the iShares US Industrials ETF (IYJ) was 0.01% lower.Allegion (ALLE) stock was down more than 4% before the opening bell after the company reported lower Q1 adjusted earnings.Winners and Losers:TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) retreated 2.3%, and the iShares US Technology ETF (IYW) was 2% lower, while the iShares Expanded Tech Sector ETF (IGM) was down 2.2%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) declined by 4.2%, while the iShares Semiconductor ETF (SOXX) fell by 4%.Intel (INTC) shares were up more than 1% in Tuesday's premarket activity after gaining 2.9% at the previous close. Bloomberg reported Monday, citing a person familiar with the matter, that the company has launched an investment-grade bond sale to help finance its $14.20 billion plan to regain full ownership of its Irish chip manufacturing facility.EnergyThe iShares US Energy ETF (IYE) was up 1.4%, while the State Street Energy Select Sector SPDR ETF (XLE) rose by 1.7%.BP (BP) stock was up more than 3% before Tuesday's opening bell after the company reported higher Q1 underlying replacement cost profit and sales.ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was up 0.3%, and the Vanguard Consumer Staples Index Fund ETF Shares (VDC) was down 0.3%. The iShares US Consumer Staples ETF (IYK) advanced 0.8%. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) lost 0.4%. The VanEck Retail ETF (RTH) was 0.2% lower, while the State Street SPDR S&P Retail ETF (XRT) declined by 0.2%.Coca-Cola (KO) shares were up more than 2% pre-bell after the company reported higher Q1 adjusted earnings and revenue.Health CareThe State Street Health Care Select Sector SPDR ETF (XLV) advanced 0.4%, the Vanguard Health Care Index Fund (VHT) was up 0.5%, while the iShares US Healthcare ETF (IYH) was flat. The iShares Biotechnology ETF (IBB) retreated by 0.1%.Zimmer Biomet (ZBH) stock was down more than 2% premarket after closing the prior session with a 1.5% gain. The company reported higher Q1 financial results and said its chief financial officer, Suketu Upadhyay, is leaving the company.FinancialThe State Street Financial Select Sector SPDR ETF (XLF) advanced 0.4%. Direxion Daily Financial Bull 3X Shares (FAS) was up 1.1%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 1.4% lower.Barclays (BCS) shares were down more than 2% pre-bell. Bloomberg reported the company has reserved 228 million British pounds ($307.9 million) in Q1 to cover the collapse of specialty lender MFS.CommoditiesFront-month US West Texas Intermediate crude oil rose by 5.1% to $101.28 per barrel on the New York Mercantile Exchange. Natural gas retreated by 0.7% to $2.53 per 1 million British Thermal Units. The United States Oil Fund (USO) increased by 4.7%, while the United States Natural Gas Fund (UNG) was 0.4% lower.Gold futures for May were down by 2.6% at $4,573.30 an ounce on the Comex. Silver futures retreated by 3.9% to $72.60 an ounce. SPDR Gold Shares (GLD) was 2.3% lower, and the iShares Silver Trust (SLV) fell by 3.9%.

Dow JonesNasdaq CompositeS&P 500$ALLE$BCS$BETH$BITO$BP$EEM$EETH$EXI$FAS$FAZ$GLD$IBB$IGM$IGV$INTC$IPK$IVV$IWM$IYE$IYH$IYJ$IYK$IYW$KO$PMR$QQQ$RTH$SLV$SOXX$SPY$UNG$USO$VDC$VHT$VIS$XLE$XLF$XLI$XLK$XLP$XLV$XLY$XRT$XSD$ZBH
Research

Research Alert: Alle: Q1 Short Of Consensus, But Maintains 2026 Guidance

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Allegion (ALLE) posted Q1 adjusted EPS of $1.80 vs. $1.86 (-3%), $0.10 short of consensus. Net sales rose 9.7% Y/Y (+2.6% organically) to $1.03B ($10M ahead of consensus). The organic revenue increase was driven by price realizations partially offset by volume declines. The reported revenue increase also reflects a 4.8% net positive impact from acquisitions and divestitures, as well as a 2.3% tailwind from foreign currency. Adjusted operating margin contracted 150 bps to 21.2% due to headwinds from volume declines and price and productivity net of inflation and investment (PPII). During Q1, ALLE repurchased 0.3M shares for $40M and paid dividends of $47M (a quarterly dividend of $0.55 per share). Management maintained prior full year 2026 guidance, including adjusted EPS in the range of $8.70-$8.90. Shares are currently trading 4% lower in pre-market trading on the earnings miss - its second in a row following a streak in which its bottom line had not fallen short of consensus since 2019.

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Wire

BofA Securities Adjusts Price Target on Allegion Public to $157 From $185

Allegion Public (ALLE) has an average rating of overweight and mean price target of $173.45, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $145.23, Change: $+0.91, Percent Change: +0.63%

$ALLE
Research

Evercore ISI Initiates Allegion Public at Outperform With $175 Price Target

Allegion Public Company (ALLE) has an average rating of overweight and mean price target of $176, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$ALLE