Core Insights - Allegion plc (ALLE) is set to release its third-quarter 2025 results on October 23, with expected revenues of $1.04 billion, reflecting a 7.1% year-over-year growth, and earnings estimated at $2.21 per share, indicating a 2.3% increase from the previous year [1][9]. Group 1: Performance Expectations - The Americas segment is anticipated to perform well due to stable demand in sectors such as education, healthcare, government, hospitality, and retail, with organic revenues expected to rise by 3.2% year-over-year [3]. - The International segment's performance may be mixed, benefiting from strong demand for electronic security products but facing challenges from lower demand for mechanical products, leading to flat organic revenues [4]. Group 2: Strategic Acquisitions - Allegion has focused on expanding its product offerings through acquisitions, including the purchase of ELATEC in July 2025, which enhances its global electronics portfolio in non-residential markets [5]. - The acquisition of Trimco Hardware in April 2025 is expected to strengthen Allegion's door and frame portfolio within the Americas segment, contributing positively to its top-line growth [6]. Group 3: Cost and Margin Considerations - Rising operating costs due to high material prices and investments in new products and growth initiatives are likely to impact the company's bottom line, with an expected 3.1% increase in the cost of sales and a decline in the net income margin to 18.4% [7]. - The company's operations are also exposed to foreign exchange risks, particularly from a stronger U.S. dollar affecting overseas business [8]. Group 4: Earnings Predictions - The earnings model suggests a potential earnings beat for ALLE, supported by a positive Earnings ESP of +1.24% and a Zacks Rank of 3, indicating steady performance trends [9][10].

Core Viewpoint - Allegion (ALLE) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a strong history of exceeding expectations [1][2]. Earnings Performance - Allegion has a solid track record of surpassing earnings estimates, with an average surprise of 6.36% over the last two quarters [2]. - In the most recent quarter, Allegion reported earnings of $2.04 per share, exceeding the expected $2.00 per share, resulting in a surprise of 2.00% [2]. - For the previous quarter, the consensus estimate was $1.68 per share, while the actual earnings were $1.86 per share, leading to a surprise of 10.71% [2]. Earnings Estimates and Predictions - Recent changes in earnings estimates for Allegion have been favorable, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [5]. - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have historically produced positive surprises nearly 70% of the time [6]. - Allegion currently has an Earnings ESP of +1.24%, suggesting increased analyst optimism regarding its near-term earnings potential [8]. Upcoming Earnings Report - Allegion's next earnings report is anticipated to be released on October 23, 2025 [8].

Core Insights - Zentra, a brand of Allegion US, is the first to integrate resident key capabilities into Google Wallet, allowing residents to unlock their apartments using their Android devices or Wear OS smartwatches [1][2]. Group 1: Product Innovation - The introduction of the resident key in Google Wallet enhances the access experience for multifamily communities, providing a seamless and secure solution for residents [2][3]. - This innovation simplifies daily life for residents and aids property managers in creating a premium living experience, aligning with modern renter expectations [3]. Group 2: Benefits and Operational Efficiency - Residents can unlock community access points by simply tapping their Android devices, which streamlines movement throughout the multifamily property [4]. - The integration of resident key in Google Wallet contributes to a luxury experience for residents while reducing operational costs associated with physical keys or fobs, leading to increased net operating income (NOI) for properties [5]. Group 3: Future Developments - Allegion aims to redefine access control for multifamily properties with the resident key in Google Wallet, focusing on creating smarter and safer communities that meet modern living demands [6]. - The solution is compatible with various Schlage products, including the Schlage XE360 Series and Schlage Control Smart Lock, enhancing its applicability in the market [6].

Core Viewpoint - Allegion plc is set to release its third-quarter financial results for 2025 on October 23, before the market opens [1] Group 1 - The conference call for analysts and investors will be conducted by John H. Stone, president and CEO, and Mike Wagnes, senior vice president and chief financial officer [1] - The conference call is scheduled to begin at 8 a.m. ET on the same day [1] - A real-time, listen-only webcast of the conference will be available [1]

Core Insights - Allegion plc is a security company based in Dublin, Ireland, with a market capitalization of $15.2 billion, specializing in mechanical and electronic security products [1] Financial Performance - Analysts anticipate Allegion to report a profit of $2.21 per share for fiscal Q3 2025, reflecting a 2.3% increase from $2.16 per share in the same quarter last year [2] - For the current fiscal year, the expected profit is $8.18 per share, an 8.6% increase from $7.53 per share in fiscal 2024, with further growth projected to $8.65 per share in fiscal 2026 [3] Stock Performance - Allegion's stock has increased by 21.5% over the past 52 weeks, outperforming the S&P 500 Index's 17.8% rise and the Industrial Select Sector SPDR Fund's 14.7% return [4] - Following the release of strong Q2 results, Allegion's shares rose by 6%, with Q2 revenue reaching $1 billion, a 5.8% increase on a reported basis and 3.2% on an organic basis, exceeding consensus estimates by 2% [5] Analyst Ratings - Wall Street analysts maintain a "Moderate Buy" rating for Allegion, with three out of eleven analysts recommending "Strong Buy" and eight suggesting "Hold" [6] - The mean price target for Allegion is set at $178.33, indicating a slight potential upside from current levels [6]

Core Insights - Allegion US has launched the Overtur OnSite App, a significant upgrade to its cloud-based collaboration platform for door and opening management, featuring new inspection tools and mobile performance enhancements [2][4]. Group 1: Product Features - The Overtur OnSite App includes an Inspection Suite with Fire & Egress and General Inspection tools, designed to improve accuracy and streamline workflows [2][4]. - The app supports seamless data syncing, offline capabilities, and real-time collaboration, allowing users to capture field conditions and generate actionable reports efficiently [3][5]. - Users can conduct inspections with guided workflows, generate time-saving reports, sync data to the Overtur web platform, and collaborate in real time [7]. Group 2: Customer Feedback and Development - The app was developed based on direct customer feedback, focusing on faster performance, better collaboration, and adaptable inspection tools [3][5]. - The updated Activities interface and background processing enhance speed and scalability for future enhancements [5]. Group 3: Availability and Access - The Overtur OnSite App became available on September 25, 2025, for iOS and Android devices [6].

Core Insights - Allegion US has launched the Schlage® Performance Series™ Locks, which include PM Series mortise, PC Series cylindrical, and PT Series tubular locks, aimed at enhancing security and quality in commercial real estate and multifamily projects [1][2]. Product Features - The Performance Series offers a range of locks designed for various applications, including 23 mechanical and three electrified functions for PM Series Grade 1 Mortise Locks, eight mechanical functions for PC Series Grade 1 Cylindrical Locks, and four mechanical functions for PT Series Grade 2 Tubular Locks [6]. Market Context - Non-residential construction costs have risen by approximately 44% since 2020, leading to tighter project budgets. Rising multifamily insurance and operating expenses are also impacting net operating income (NOI), prompting property owners and developers to seek efficient solutions [2]. Customer Benefits - The Performance Series is designed to meet market demand for mid-tier solutions, providing fit-for-purpose performance, streamlined installation, and ProExpress™ priority delivery for select products, which helps teams adhere to schedules and budgets [2]. Design Options - The new locks feature decorative levers, including Selena and Playa, along with a square rose design, allowing for a cohesive aesthetic from lobby to unit [3]. Upcoming Events - The Performance Series will be showcased at the Yankee Security Convention on October 24-25 and at DHI Connextions on November 5-6 [3]. Company Overview - Allegion specializes in security and access solutions, with a portfolio that includes various brands and products aimed at enhancing safety in residential and commercial environments [5].

Group 1 - Allegion plc (NYSE:ALLE) is recognized as one of the best-performing European stocks, with Mizuho raising its price target from $155 to $170 while maintaining a Neutral rating [1] - The management of Allegion described the end-markets as "resilient albeit tough/mixed" during discussions with Mizuho [1] - Allegion has demonstrated increased operational rigor in managing growth and tariffs, alongside a steady stream of completed acquisitions [2] Group 2 - The company has improved deal teams and has a stronger M&A intent, contributing to higher deal velocity in a favorable buyers' market [2] - Allegion operates globally, focusing on security solutions such as locks, door closers, exit devices, electronic access control systems, and steel doors, across more than 120 countries [3]

Group 1 - The access control industry has significant pricing power and premium margins, with a consolidated market structure limiting new entrants [1] - There are primarily two major players in North America capable of providing a comprehensive suite of products for building outfitting, which contributes to the industry's high configuration and specification requirements [1] - The company influences demand by engaging with architects and end-users, which helps in creating a sticky installed base and strong customer relationships [2] Group 2 - The sticky end-user relationships established through demand creation provide the company with pricing power and the ability to maintain long-term customer relationships [2]

Group 1 - The access control industry has strong pricing power and premium margins, with a consolidated market primarily dominated by two key players in North America [1] - The company is one of the two major players capable of providing a comprehensive suite of products necessary for building outfitting, which creates a competitive moat [1] - The company influences demand by engaging with architects and end-users, which helps in pulling products through the distribution channel [1] Group 2 - By creating demand, the company establishes a sticky installed base and strong end-user relationships, enhancing its pricing power [2] - The ability to maintain end-user and customer relationships is crucial for the company's product offerings [2]