ALLE stock icon

Allegion
ALLE

$126.67
2.07%

Market Cap: 11.1B

 

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 2023, Allegion generated 75% of sales in the United States. The company primarily competes with Sweden-based Assa Abloy and Switzerland-based Dormakaba.

Employees: 12,400

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 8 analysts
0
News positive %
of 13 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

208% more call options, than puts

Call options by funds: $23M | Put options by funds: $7.49M

34% more first-time investments, than exits

New positions opened: 71 | Existing positions closed: 53

3% more funds holding

Funds holding: 540 [Q4 2023] → 558 (+18) [Q1 2024]

4% more repeat investments, than reductions

Existing positions increased: 190 | Existing positions reduced: 182

4% more capital invested

Capital invested by funds: $10.6B [Q4 2023] → $11B (+$403M) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]

2.05% less ownership

Funds ownership: 95.55% [Q4 2023] → 93.49% (-2.05%) [Q1 2024]

Research analyst outlook

8 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$112
12%
downside
Avg. target
$126
0%
upside
High target
$141
11%
upside

8 analyst ratings

positive
0%
neutral
75%
negative
25%
Barclays
Julian Mitchell
12%downside
$112
Underweight
Maintained
10 Jul 2024
Wells Fargo
Joseph O'Dea
1%downside
$125
Equal-Weight
Maintained
10 Jul 2024
Barclays
Julian Mitchell
8%downside
$116
Underweight
Downgraded
4 Jun 2024
UBS
Chris Snyder
4%upside
$132
Neutral
Maintained
16 Apr 2024
Barclays
Julian Mitchell
4%downside
$122
Equal-Weight
Maintained
2 Apr 2024

Financial journalist opinion

Based on 13 articles about ALLE published over the past 30 days