Allegion plc
Built from real-time financials, refreshed daily. For a full Analyst Grade with bull/bear case, price targets, and qualitative risk analysis, generate a ALLE research report →
Range $142 – $170
Price Chart
About the company
Allegion plc engages in the provision of security products and solutions worldwide. It is operating through two segments: Allegion Americas and Allegion International. The company offers door controls, door control system, and exit devices; doors, glass and door systems, and accessories; electronic security products and access control systems, including time, attendance, and workforce productivity; and locks, locksets, portable locks, and key systems.
- CEO
- John H. Stone
- IPO
- 2013
- Employees
- 13,300
- HQ
- Dublin, HE, IE
Get TickerSpark's AI analysis on ALLE
Create an account to generate AI analysis on any ticker — technical setup, analyst consensus, earnings watch, insider pulse, financial health, and peer context. Ready in about a minute.
Get Pro Access →Already have an account? Log in
Similar companies
Peers in the same neighborhood.
- Market Cap
- $13.73B
- P/E
- 21.07
- Fwd P/E
- 18.07
- PEG
- 3.63
- P/S
- 3.20
- P/B
- 6.53
- EV/EBITDA
- 15.49
- Div Yield
- 1.31%
- Gross Margin
- 44.80%
- Op Margin
- 20.83%
- Net Margin
- 15.36%
- ROE
- 31.99%
- ROIC
- 16.20%
Latest fiscal year · YoY change
- Revenue
- $4.07B+7.8%
- Gross Profit
- $1.84B+10.2%
- Op Income
- $859.50M
- Net Income
- $643.80M+7.7%
- EPS
- $7.49+9.3%
- OCF Growth
- +16.1%
- FCF Growth
- +17.6%
- 52W High
- $183.11
- 52W Low
- $125.00
- 50D MA
- $146.55
- 200D MA
- $151.51
- Beta
- 0.84
- RSI (14)
- 57
- Avg Volume
- 1.21M
Earnings call summaries
Pick a quarter — each call distilled into takeaways, results, and a bull vs bear read.
Allegion posted a strong second quarter with broad-based growth in the Americas, margin expansion, and an increased full-year outlook despite softer demand in parts of Europe.· July 23, 2026
- Revenue rose 12.7% to approximately $1.2 billion, with organic growth of 6.9%.
- Adjusted EPS was $2.40, up $0.36 or 17.6% year over year.
- Adjusted operating margin expanded to 24.2%, up 50 basis points, led by favorable pricing/productivity and volume leverage.
- Americas organic revenue grew 8.9%, supported by strong nonresidential demand and unexpectedly strong residential electronics demand.
- International organic revenue fell 1.2% as weaker demand, especially in Germany, offset acquisition and currency benefits; management also flagged ERP-related production issues improving sequentially.
Second-quarter revenue was approximately $1.2 billion, up 12.7% year over year, with organic revenue up 6.9%. Adjusted operating margin was 24.2%, up 50 basis points, and adjusted EPS was $2.40, up $0.36 or 17.6% from last year. Americas revenue was $918.6 million, up 11.8% reported and 8.9% organic, while International revenue was $232.9 million, up 16.2% reported but down 1.2% organic. Year-to-date available cash flow was $260.8 million, down 5.3%, and net debt to adjusted EBITDA was 1.6x. For 2026, management raised reported revenue growth to 7.5% to 8.5%, organic revenue growth to 3.5% to 4.5%, and adjusted EPS to $8.85 to $9.00. They said Americas margin expansion should continue in the second half, International margins should improve as ERP issues are worked through, and full-year ACF conversion should be about 85% to 95% of adjusted net income.
John Stone said the quarter was driven by strong organic growth in the Americas and continued momentum in nonresidential indicators, with spec activity described as the strongest he has seen since joining the company. He highlighted broad-based strength across institutional markets, improving commercial verticals like office and multifamily, and growing relevance in data centers. His tone was constructive but measured: upbeat on the Americas and long-term nonres growth, while acknowledging weaker European demand and additional restructuring actions there.
Mike Wagnes emphasized the hard numbers behind the quarter: revenue of approximately $1.2 billion, adjusted operating margin of 24.2%, adjusted EPS of $2.40, and year-to-date available cash flow of $260.8 million. He said pricing and productivity, net of inflation and investment, were favorable by $11.8 million and added 30 basis points to margin, while acquisitions were a 30 basis point margin headwind. In the Americas, adjusted operating margin improved 20 basis points, and in International margins fell 70 basis points but improved 440 basis points sequentially as production recovered from Q1 ERP disruption. He also noted the balance sheet remains healthy at 1.6x net debt to adjusted EBITDA and reiterated full-year ACF conversion guidance of about 85% to 95% of adjusted net income.
Analysts focused on why Americas volumes were stronger than expected, especially residential, and management said demand was genuinely solid rather than inventory-driven, though some prebuying likely occurred ahead of a late-May price increase. On nonresidential, management said strong spec activity has persisted for three to four quarters and should support project work and revenue over the next 12 to 18 months, but they declined to provide exact spec numbers. Questions on Europe centered on the divergence versus peers; management pointed to Germany’s weakening macro backdrop and its outsized impact on Allegion’s exposure, while noting Southern Europe was more in line with expectations. They also quantified restructuring actions in Europe as roughly $10 million annually of cost benefit, with the full run rate expected in Q4.
The bull case from the call is that Allegion is seeing broad-based momentum in its largest market, with strong nonresidential demand signals and unexpectedly robust residential electronics growth. Management sounded confident that pricing, productivity, and cost actions can offset inflation and support second-half margin expansion. The raised full-year revenue and EPS outlook reinforces that underlying demand and execution are better than previously expected.
The main risks are the weaker International environment, especially Germany, where management said demand has deteriorated and forced added restructuring. The company also flagged that Q2 residential strength may not be a clean run rate because some demand could have been pulled forward by price increases, and they were cautious about extrapolating one strong quarter. In addition, Q3 comparisons will get tougher on residential, and International margins still depend on finishing the ERP recovery and realizing restructuring benefits.
AI summary of the company's earnings call · Paraphrased · Not investment advice
- Free Float
- 99.7%
- Shares Outstanding
- 85.04M
- Float Shares
- 84.75M
of shares held by institutions
771 13F filers
Buy/sell ratio 0.36. Sells can include pre-scheduled 10b5-1 plan sales, not just discretionary selling.
Congressional trading
Senate and House stock disclosures for ALLE, newest first.
| Member | Type | Traded | |
|---|---|---|---|
| Lisa McClainHouse · MI09 | Buy | Oct 30, 25 | Filing → |
| Lisa McClainHouse · MI09 | Sell | Oct 30, 25 | Filing → |
| Lisa McClainHouse · MI09 | Sell | Oct 31, 25 | Filing → |
| Lisa McClainHouse · MI09 | Buy | Jun 17, 25 | Filing → |
| Lisa McClainHouse · MI09 | Buy | Jun 17, 25 | Filing → |
| John JamesHouse · MI10 | Buy | Nov 10, 23 | Filing → |
| Ro KhannaHouse · CA17 | Sell | Oct 2, 23 | Filing → |
| Daniel GoldmanHouse · NY10 | Sell | Jul 10, 23 | Filing → |
| Ro KhannaHouse · CA17 | Buy | May 23, 23 | Filing → |
| Tommy TubervilleSenate · AL | Sell | Apr 3, 23 | Filing → |
| Tommy TubervilleSenate · AL | Sell | Apr 3, 23 | Filing → |
| Diana HarshbargerHouse · TN01 | Sell | Jul 18, 22 | Filing → |
| Diana HarshbargerHouse · TN01 | Sell | Jul 18, 22 | Filing → |
| Diana HarshbargerHouse · TN01 | Sell | Jul 18, 22 | Filing → |
Source: public STOCK Act disclosures. Filed weeks after the trade — a lagging signal, not a real-time one.
Top institutional holders
Largest 13F positions, with quarter-over-quarter change.
| Holder | Shares | Δ Quarter |
|---|---|---|
| Vanguard Group Inc | 10.61M | ▼ 9.95K |
| Blackrock, Inc. | 6.81M | ▲ 189.10K |
| Vanguard Capital Management LLC | 5.62M | ▲ 17.17K |
| Boston Partners | 4.65M | ▲ 197.99K |
| State Street Corp | 4.34M | ▲ 73.37K |
| Kayne Anderson Rudnick Investment Management LLC | 3.39M | ▼ 244.68K |
| Geode Capital Management, LLC | 2.90M | ▲ 108.12K |
| Invesco Ltd. | 2.29M | ▲ 337.49K |
| Massachusetts Financial Services Co | 2.22M | ▼ 293.96K |
| Deutsche Bank AG\ | 1.77M | ▲ 445.28K |
| Brown Advisory Inc | 1.76M | ▼ 179.23K |
| Morgan Stanley | 1.60M | ▲ 332.07K |
Held by 459 ETFs
Biggest fund positions in ALLE by dollar value.
Recent insider transactions
Who's buying, who's selling, and how much.
| Date | Insider | Type | Shares |
|---|---|---|---|
| Aug 18, 26 | Ilardi David S. | other | 549 |
| Aug 18, 26 | Ilardi David S. | sell | 549 |
| Aug 18, 26 | Ilardi David S. | other | 549 |
| Aug 6, 26 | Wenos Vincent | sell | 1,000 |
| Aug 1, 26 | Stone John H | other | 11,292 |
| Jul 27, 26 | Eckersley Timothy P | sell | 6,417 |
| Jul 23, 26 | Wagnes Michael J. | other | 1,716 |
| Jul 23, 26 | Wagnes Michael J. | other | 1,468 |
| Jul 23, 26 | Wagnes Michael J. | sell | 1,468 |
| Jul 23, 26 | Wagnes Michael J. | other | 1,716 |
A “Sell” may be a pre-scheduled 10b5-1 plan sale rather than a discretionary decision — read insider selling with that in mind.
Our ALLE coverage
Recent articles, reports, and earnings notes.

Allegion (ALLE): Margin Power Meets Electronics Growth
Allegion is compounding revenue and margins while expanding its electronics and software mix. The stock earns a Buy as Americas strength offsets softer Europe and valuation remains reasonable.

Allegion plc (ALLE) climbs 10.7% on Q2 beat, raises outlook
Allegion plc (ALLE) climbs after a strong second-quarter earnings beat and a higher full-year profit outlook. The industrial security company topped EPS estimates, posted solid revenue, and lifted 2026 guidance, signaling improved execution and renewed investor confidence in its pricing power and margin discipline.
Want a deeper read on ALLE?
Generate a full analyst-grade report — bull/bear case, price targets, valuation depth, and a complete financial breakdown.
Allegion to Attend 2026 Mizuho Industrials & Chemicals Conference
businesswire.com · Aug 5
Why Allegion (ALLE) is a Top Momentum Stock for the Long-Term
zacks.com · Jul 28
Bank of Nova Scotia Purchases 6,594 Shares of Allegion PLC $ALLE
defenseworld.net · Jul 28
Allegion: Stronger Demand Opens The Door To More Upside
seekingalpha.com · Jul 26
Allegion: Keep Calm And Lock In
seekingalpha.com · Jul 24
Why Allegion (ALLE) is a Top Growth Stock for the Long-Term
zacks.com · Jul 24
ABN Amro Investment Solutions Makes New Investment in Allegion PLC $ALLE
defenseworld.net · Jul 24
Why Allegion Stock Is Rocketing Higher Today
fool.com · Jul 23
Headlines from third-party outlets — TickerSpark isn't affiliated with these sources.