7,094 Shares in Allegion PLC (ALLE) Purchased by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. purchased a new position in shares of Allegion PLC (NYSE:ALLE) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,094 shares of the scientific and technical instruments company’s stock, valued at approximately $613,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its stake in Allegion PLC by 1.9% during the second quarter. Vanguard Group Inc. now owns 9,295,692 shares of the scientific and technical instruments company’s stock worth $754,067,000 after purchasing an additional 175,432 shares in the last quarter. BlackRock Inc. increased its position in shares of Allegion PLC by 14.3% during the second quarter. BlackRock Inc. now owns 5,955,519 shares of the scientific and technical instruments company’s stock worth $483,111,000 after acquiring an additional 746,516 shares during the period. State Street Corp increased its position in shares of Allegion PLC by 2.9% during the second quarter. State Street Corp now owns 5,207,209 shares of the scientific and technical instruments company’s stock worth $422,400,000 after acquiring an additional 146,138 shares during the period. American Century Companies Inc. increased its position in shares of Allegion PLC by 0.8% during the second quarter. American Century Companies Inc. now owns 1,901,388 shares of the scientific and technical instruments company’s stock worth $154,241,000 after acquiring an additional 14,656 shares during the period. Finally, Artisan Partners Limited Partnership increased its position in shares of Allegion PLC by 44.8% during the second quarter. Artisan Partners Limited Partnership now owns 1,873,307 shares of the scientific and technical instruments company’s stock worth $151,963,000 after acquiring an additional 579,517 shares during the period. Institutional investors own 89.68% of the company’s stock.

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Allegion PLC (NYSE:ALLE) opened at $82.41 on Friday. The company has a market capitalization of $7,796.35, a price-to-earnings ratio of 22.35, a P/E/G ratio of 1.54 and a beta of 1.10. The company has a quick ratio of 1.54, a current ratio of 2.14 and a debt-to-equity ratio of 3.79. Allegion PLC has a twelve month low of $63.71 and a twelve month high of $89.81.

Allegion PLC (NYSE:ALLE) last posted its earnings results on Thursday, October 26th. The scientific and technical instruments company reported $1.02 EPS for the quarter, meeting the consensus estimate of $1.02. The firm had revenue of $609.40 million for the quarter, compared to analyst estimates of $622.18 million. Allegion PLC had a return on equity of 154.50% and a net margin of 14.37%. Allegion PLC’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.93 earnings per share. equities analysts expect that Allegion PLC will post 3.79 EPS for the current fiscal year.

A number of research firms have recently weighed in on ALLE. Zacks Investment Research lowered Allegion PLC from a “buy” rating to a “hold” rating in a research report on Thursday, November 2nd. Wolfe Research raised Allegion PLC from a “market perform” rating to an “outperform” rating in a research report on Monday, October 30th. BidaskClub lowered Allegion PLC from a “buy” rating to a “hold” rating in a research report on Saturday, October 28th. Wells Fargo & Company reaffirmed an “outperform” rating and set a $100.00 price objective (up previously from $90.00) on shares of Allegion PLC in a research report on Wednesday, October 18th. Finally, Robert W. Baird reaffirmed a “hold” rating on shares of Allegion PLC in a research report on Tuesday, September 26th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $89.75.

About Allegion PLC

Allegion Public Limited Company is a provider of security products and solutions. The Company offers a portfolio of mechanical and electronic security products across a range of brands. Its segments include Americas; Europe, Middle East, India and Africa (EMEIA), and Asia Pacific. Its products include door closers and controls; door and door frames (steel); electronic security products; electronic and biometric access control systems; exit devices; locks, locksets, portable locks and key systems; time, attendance and workforce productivity systems, and other accessories.

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Institutional Ownership by Quarter for Allegion PLC (NYSE:ALLE)

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