Allegion

Allegion appoints Serge Zappone as president of its international segment and senior vice president, effective January 1, 2027. Zappone, currently head of the Asia‑Pacific business and in international roles at Allegion since 2020, will report to CEO John H. Stone. The appointment follows Tim Eckersley’s retirement announcement effective December 31, 2026; Eckersley will remain in the role through year‑end to support the transition. Allegion reported $4.1 billion in revenue for 2025. » More on de.investing.com

Allegion reported Q2 revenue of about $1.2 billion, up 12.7%, and adjusted EPS of $2.40, up 17.6%, driven by strong Americas demand (organic +8.9%). The company raised 2026 reported revenue growth to 7.5%–8.5% and adjusted EPS to $8.85–$9.00, while lowering International organic outlook after softer European demand (International organic -1.2%). Management cited ERP-related recovery, restructuring actions expected to yield ~$10 million in annual savings, continued focus on electronics and data centers, and returned capital with $120 million of buybacks and $47 million in dividends in the quarter. » More on finance.yahoo.com

Allegion shares fell to a 52-week low of $131.16 and are currently trading close to that level at $131.52. Year to date the stock is down about 16.6%, and nearly 21% over six months. Allegion reported Q1 EPS of $1.80 (expectation $1.89) on revenue that rose 9.7% to $1.03 billion, after which Barclays cut its price target from $165 to $161. Analyst data suggest near-term valuation pressure, while dividend increases over 12 years point to financial resilience. » More on de.investing.com

BofA cut its price target for Allegion to $150 from $157 but maintained a Neutral rating, citing softer-than-expected Q1 results and weaker sector multiples. Allegion reported Q1 revenue of $1.03 billion (+9.7% y/y), adjusted EPS of $1.80 (down 3.2% y/y) and operating income of $195.3 million, with operating margin at 18.9% and adjusted operating margin at 21.2%, both below last year. CEO John H. Stone highlighted revenue growth in Americas non-residential and electronics businesses. » More on finance.yahoo.com

Allegion’s stock fell to a 52-week low of $134.45, about 18% below the level from six months ago and 27% below the 52-week high of $183.11. InvestingPro considers the stock undervalued at this level and sees upside potential for patient investors. Allegion missed Q1 2026 EPS with $1.80 (estimate $1.89); revenue of $1.03 billion, however, met expectations and rose 9.7% year over year. Barclays cut its price target from $165 to $161 and kept the rating at "Equalweight" citing margin concerns and revised earnings estimates. » More on de.investing.com