These Analysts Increase Their Forecasts On Allegion After Upbeat Results

Group 1 - Allegion plc reported quarterly earnings of $1.86 per share, exceeding the analyst consensus estimate of $1.67 per share [1] - The company achieved quarterly sales of $941.90 million, surpassing the analyst consensus estimate of $919.64 million [1] - Allegion affirmed its FY2025 adjusted EPS guidance of $7.65-$7.85 and revenue growth guidance of 1% to 3% [1] Group 2 - Allegion's President and CEO John H. Stone expressed pride in the team's execution and highlighted the strong performance of the Americas non-residential business [2] - Allegion shares experienced a decline of 1.5%, trading at $137.38 [2] Group 3 - Following the earnings announcement, Barclays analyst Julian Mitchell maintained an Underweight rating on Allegion and raised the price target from $126 to $128 [3] - Baird analyst Timothy Wojs maintained a Neutral rating and increased the price target from $144 to $150 [3]