Allegion (NYSE:ALLE) Releases FY 2025 Earnings Guidance

Allegion (NYSE:ALLE) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 7.650-7.850 for the period, compared to the consensus earnings per share estimate of 7.750. The company issued revenue guidance of $3.8 billion-$3.9 billion, compared to the consensus revenue estimate of $3.9 billion.

Allegion Trading Up 0.4 %

NYSE:ALLE opened at $126.40 on Thursday. The company has a debt-to-equity ratio of 1.26, a quick ratio of 1.29 and a current ratio of 1.71. Allegion has a one year low of $113.27 and a one year high of $156.10. The business’s 50-day simple moving average is $131.57 and its 200 day simple moving average is $137.32. The stock has a market cap of $10.99 billion, a price-to-earnings ratio of 19.42, a price-to-earnings-growth ratio of 3.29 and a beta of 1.11.

Allegion (NYSE:ALLE) last released its quarterly earnings results on Tuesday, February 18th. The scientific and technical instruments company reported $1.86 EPS for the quarter, topping the consensus estimate of $1.75 by $0.11. Allegion had a return on equity of 45.64% and a net margin of 15.36%. The business had revenue of $945.60 million for the quarter, compared to analysts’ expectations of $938.91 million. As a group, sell-side analysts predict that Allegion will post 7.42 earnings per share for the current fiscal year.

Allegion Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a $0.51 dividend. This is a boost from Allegion’s previous quarterly dividend of $0.48. The ex-dividend date is Friday, March 14th. This represents a $2.04 annualized dividend and a dividend yield of 1.61%. Allegion’s payout ratio is 29.49%.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Barclays cut their price objective on Allegion from $134.00 to $130.00 and set an “underweight” rating on the stock in a research note on Wednesday. Morgan Stanley upped their price objective on Allegion from $137.00 to $139.00 and gave the company an “equal weight” rating in a research note on Wednesday. StockNews.com cut Allegion from a “buy” rating to a “hold” rating in a research note on Friday, February 14th. Wells Fargo & Company cut their price objective on Allegion from $140.00 to $135.00 and set an “equal weight” rating on the stock in a research note on Wednesday. Finally, Robert W. Baird cut their price objective on Allegion from $152.00 to $144.00 and set a “neutral” rating on the stock in a research note on Wednesday. One investment analyst has rated the stock with a sell rating and six have issued a hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $138.33.

Insider Transactions at Allegion

In other Allegion news, CEO John H. Stone acquired 7,500 shares of the firm’s stock in a transaction that occurred on Tuesday, December 3rd. The stock was acquired at an average cost of $140.70 per share, with a total value of $1,055,250.00. Following the acquisition, the chief executive officer now directly owns 120,481 shares of the company’s stock, valued at $16,951,676.70. This represents a 6.64 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Nickolas A. Musial sold 403 shares of the stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $124.70, for a total value of $50,254.10. Following the completion of the transaction, the chief accounting officer now directly owns 4,972 shares of the company’s stock, valued at $620,008.40. This trade represents a 7.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.33% of the company’s stock.

About Allegion

Allegion plc manufactures and sells mechanical and electronic security products and solutions worldwide. The company offers door controls and systems and exit devices; locks, locksets, portable locks, and key systems and services; electronic security products and access control systems; time, attendance, and workforce productivity systems; doors, accessories, and other.