Allegion Stock Dips Despite 12.7% Revenue Growth and Raised 2026 Outlook
Key Facts
Allegion reported a 12.7% increase in Q2 revenue to $1,151.5 million, up from $1,022.0 million in the prior year period. According to Ad Hoc News, the company raised its fiscal 2026 outlook, now projecting reported revenue growth of 7.5% to 8.5% and adjusted EPS in the range of $8.85 to $9.00.
ALLE was trading down 0.27% at EUR 136.68 on September 30, 2026, despite a 16.2% rise in diluted GAAP EPS. The stock ALLE closed at $155.43 on September 29, 2026, as internal data highlighted a divergence in performance, with 8.9% organic growth in the Americas contrasted by a 1.2% decline in international organic revenue.
Latest Updates · 1
- Notable·
Update: Allegion announced the appointment of Serge Zappone as president of its International segment, effective January 1, 2027. The company also declared a quarterly cash dividend of $0.55 per share.