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Wednesday, March 22, 2023

There’s No Getting Around Allegion plc (NYSE: ALLE) Success

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Allegion plc (ALLE) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $114.45. The Allegion plc has recorded 19,167 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Allegion Schedules Conference Call, Webcast to Announce 2022 Fourth-Quarter, Full-Year Results.

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Stocks Info

ALLE belongs to the Industrials sector of the NYSE while operating in the Security & Protection Services industry. At the end of the last regular session, the stock closed at $114.45 and fluctuated between $115.27 as its day high and $113.08 as its day low. The current market capitalization of Allegion plc is $9.96B. A total of 0.55 million shares were traded on the day, compared to an average of 594.63K shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, ALLE has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 1,354 shares. Over the last 12 months, there were 29 BUYs and 53 SELLs from insiders. Insiders purchased 130,338 shares during that period but sold 28,467.

In the most recent transaction, Braun Jeffrey N sold 1,354 shares of ALLE for 113.57 per share on Nov 22. After the transaction, the SVP, GC and Secretary now owns 11,634 company shares. In a previous transaction on Oct 28, Stone John H bought 12,500 shares at 104.45 per share. ALLE shares that President and CEO owns now total 64,535.

Among the insiders who sold shares, Martens Robert C. disposed of 2,150 shares on Jun 06 at a per-share price of $112.07. This resulted in the SVP Chief Innovation & Design holding 5,433 shares of ALLE after the transaction. In another insider transaction, Eckersley Timothy P sold 2,046 shares at $111.32 per share on Jun 03. Company shares held by the Sr. VP-Allegion International now total 34,284.


Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Allegion plc pays an annual dividend of $1.64, resulting in a dividend yield of 1.43%, and it has a price to earnings (P/E) ratio of 23.31. ALLE’s most recent ex-dividend date was 12/15/2022 when it declared a $0.41 quarterly dividend that was paid in cash on 12/30/2022. Previously, the company paid the dividend on 9/30/2022 with an ex-dividend date of 9/15/2022. The ALLE stock dividend was $0.41 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for ALLE in the last 3 months, the mean price target is $120.17 with high estimates of $130.00 and low estimates of $95.00. In terms of 52-week highs and lows, ALLE has a high of $125.39 and a low of $87.33.

As of this writing, ALLE has an earnings estimate of $1.43 per share for the current quarter. EPS was calculated based on a consensus of 12 estimates, with a high estimate of $1.52 per share and a lower estimate of $1.36. The company reported an EPS of $1.37 in the last quarter, which was 3.00% higher than expectations of $1.33.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 15 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ALLE is Underweight with a score of 4.00. A total of 5 analysts rated the stock as Buy while 3 rated it as Overweight while 6 rated it as Hold. Among the other participants, 1 thought the stock was Underweight and 0 thought it should be Sold.

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