Allegion (ALLE) Projected to Post Quarterly Earnings on Thursday

Allegion (NYSE:ALLE) is expected to post its Q2 2025 quarterly earnings results before the market opens on Thursday, July 24th. Analysts expect Allegion to post earnings of $1.99 per share and revenue of $999.10 million for the quarter. Allegion has set its FY 2025 guidance at 7.650-7.850 EPS.

Allegion (NYSE:ALLE) last posted its quarterly earnings data on Thursday, April 24th. The scientific and technical instruments company reported $1.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.68 by $0.18. Allegion had a net margin of 16.28% and a return on equity of 44.82%. The firm had revenue of $941.90 million for the quarter, compared to the consensus estimate of $918.53 million. During the same quarter in the prior year, the company posted $1.55 earnings per share. The company’s revenue for the quarter was up 5.4% compared to the same quarter last year. On average, analysts expect Allegion to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Allegion Stock Performance

ALLE opened at $146.08 on Thursday. Allegion has a 52-week low of $116.57 and a 52-week high of $156.10. The company has a quick ratio of 1.51, a current ratio of 2.17 and a debt-to-equity ratio of 1.23. The company has a market cap of $12.57 billion, a P/E ratio of 20.52, a price-to-earnings-growth ratio of 3.66 and a beta of 1.01. The firm’s 50-day moving average price is $142.69 and its 200-day moving average price is $134.17.

Institutional Investors Weigh In On Allegion

Hedge funds have recently bought and sold shares of the stock. Jones Financial Companies Lllp boosted its position in Allegion by 44.2% in the 1st quarter. Jones Financial Companies Lllp now owns 1,629 shares of the scientific and technical instruments company’s stock worth $213,000 after purchasing an additional 499 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of Allegion by 35.3% during the 1st quarter. NewEdge Advisors LLC now owns 3,272 shares of the scientific and technical instruments company’s stock valued at $427,000 after buying an additional 854 shares in the last quarter. Empowered Funds LLC lifted its position in shares of Allegion by 13.0% during the 1st quarter. Empowered Funds LLC now owns 5,673 shares of the scientific and technical instruments company’s stock valued at $740,000 after buying an additional 651 shares in the last quarter. Focus Partners Wealth lifted its position in shares of Allegion by 204.5% during the 1st quarter. Focus Partners Wealth now owns 7,186 shares of the scientific and technical instruments company’s stock valued at $937,000 after buying an additional 4,826 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Allegion by 7.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,592 shares of the scientific and technical instruments company’s stock valued at $1,251,000 after buying an additional 626 shares in the last quarter. Hedge funds and other institutional investors own 92.21% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. Barclays upped their price objective on shares of Allegion from $128.00 to $135.00 and gave the company an “underweight” rating in a report on Wednesday, July 9th. Morgan Stanley upped their price objective on shares of Allegion from $139.00 to $151.00 and gave the company an “equal weight” rating in a report on Friday, July 11th. The Goldman Sachs Group upped their price objective on shares of Allegion from $149.00 to $170.00 and gave the company a “buy” rating in a report on Tuesday, July 8th. Robert W. Baird increased their price target on shares of Allegion from $144.00 to $150.00 and gave the stock a “neutral” rating in a report on Friday, April 25th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Allegion in a report on Tuesday, June 24th. They issued an “overweight” rating and a $170.00 price target on the stock. One analyst has rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, Allegion presently has an average rating of “Hold” and an average target price of $151.57.

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.