Allegion plcNYSE: ALLE
Industrials · Building Products
$133.48
+2.53%
Vol: 767K
Research Digest
Friday, June 19, 2026
Allegion launches NAA conference product showcase days after paying $70M for DCI acquisition and refreshing $500M buyback
Allegion debuted Schlage XE360 with RealSync, expanded Zentra and Gatewise integrations, and introduced a Campus-to-Community mobile ecosystem at NAA Apartmentalize 2026 in New Orleans (June 17-19). The product push follows Q1 2026 results where revenue of $1,033.6M beat expectations but EPS of $1.80 missed the $1.89 consensus, sending shares lower. The company raised 2026 revenue guidance by 1-2 points solely to reflect its ~$70M acquisition of Door Components, Inc. (DCI), with organic growth targets unchanged. The board also refreshed a $500M share buyback authorization. An ex-dividend date of June 15 for the $0.55/share quarterly dividend adds near-term income support. The key risk is that margin pressure from mix, inflation, and acquisition integration costs persists after a Q1 operating margin decline from 20.9% to 18.9%.
Previous Market Intelligence
13 daysJun 18No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 17No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 16No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 15No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 14No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 21No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 20Allegion missed Q1 EPS expectations but reaffirmed 2026 guidance and authorized a new $500M repurchase program.Mixed▶
Allegion reported Q1 2026 EPS of $1.80, missing the $1.89 consensus, on revenue of $1.03B (up 9.7% YoY, in line). The stock dropped roughly 5.66% in pre-market reaction. The company reaffirmed 2026 guidance of 6%-8% reported revenue growth (including the DCI acquisition), 2%-4% organic growth, and adjusted EPS of $8.70-$8.90. Allegion returned cash to shareholders with $47M in dividends and $40M in buybacks during the quarter, and authorized a new $500M repurchase program. Net debt was 1.7x adjusted EBITDA. Boston Partners disclosed 4.26M shares in an amended 13G filing. Allegion also earned the Gallup Exceptional Workplace Award for the third consecutive year.
May 19No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 18Boston Partners disclosed 4.26 million Allegion shares (4.95% stake) in a Schedule 13G/A filing on May 14, 2026.Mixed▶
Boston Partners disclosed beneficial ownership of 4,260,020 Allegion shares (4.95% of common stock) as of March 31, 2026 in an amended Schedule 13G/A filed on May 14, 2026. Allegion shares eased to around $131.30 on May 12, marking a third consecutive daily loss. Q1 2026 results showed revenue of $1.03 billion (up 9.7% YoY) but EPS of $1.80 missed the $1.89 consensus by 4.76%. The company reaffirmed its full-year 2026 outlook of 6%-8% reported revenue growth, 2%-4% organic growth and adjusted EPS of $8.70-$8.90. Shares trade between a 52-week range of $134.67 to $183.11.
May 15Allegion SVP Robert Martens sells 3,993 shares for $547,639 on May 11 as Barclays cuts PT to $161 after Q1 EPS miss.Negative▶
Allegion reported Q1 2026 EPS of $1.80, missing estimates of $1.89 by 4.76%, while revenue rose 9.7% YoY to $1.03 billion, narrowly beating expectations. Shares dropped 6.7% following the earnings report and are down 16.6% year-to-date. Senior VP and Chief Innovation and Design Officer Robert C. Martens sold 3,993 shares of stock in a transaction valued at $547,639 on May 11, 2026. Barclays reduced its price target from $165 to $161 while maintaining an Equalweight rating. Analyst consensus price target stands at $168 despite the recent EPS miss and operating income shortfall. The stock recently hit a 52-week low at $131.16.
May 14Allegion hits 52-week low at $131.16 as insider sells 3,993 shares post Q1 EPS missNegative▶
Allegion stock hit a 52-week low of $131.16 following Q1 2026 results on April 28 that missed EPS expectations at $1.80 vs $1.89 forecast, though revenue met expectations at $1.03B (up 9.7% YoY). On May 7, 2026, SVP-Chief Innovation & Design Robert C. Martens sold 3,993 ordinary shares at $137.15 per share in an open-market transaction. Shares fell 6.7% to $137 in the week after earnings. The 2026 revenue outlook was raised to 6-8% solely to reflect the DCI Hollow Metal acquisition, while organic growth targets remain unchanged. CEO John H. Stone cited strong Q1 revenue growth led by Americas non-residential and electronics businesses. Analyst consensus price target sits at $168 implying ~22% upside. Risk centers on persistent EPS pressure and weak residential market conditions.
May 13No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 12No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| TTTRANE | $483.71 | +2.37% | -0.5% | 28.0x | 1.20 | $105.7B |
| JCIJOHNSON | $145.33 | +1.19% | +0.2% | 24.4x | 1.32 | $85.9B |
| CARRCARRIER | $72.01 | +3.62% | -4.6% | 21.9x | 1.31 | $58.2B |
| LIILENNOX | $533.12 | +3.30% | +0.2% | 21.3x | 1.16 | $19.8B |
| MASMASCO | $74.65 | +2.80% | +2.8% | 17.6x | 1.28 | $16.7B |
| ALLEALLEGION | $133.48 | +2.53% | +0.7% | 14.7x | 0.86 | $12.1B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price below 200d MA — bearish structure.