Andra AP Fonden has increased its stake in Allegion PLC (NYSE:ALLE) by 25.5%, purchasing an additional 28,319 shares, bringing its total holdings to 139,400 shares valued at approximately $24.7 million. This move comes as Allegion recently missed quarterly EPS expectations but raised its quarterly dividend to $0.55 per share and provided FY2026 guidance, with analysts maintaining a consensus “Hold” rating and a $175 price target. Other institutional investors have also adjusted their positions, and a director recently sold 1,000 shares.
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Andra AP Fund Acquires 28,319 Shares of Allegion PLC $ALLE
Andra AP Fonden has increased its stake in Allegion PLC (NYSE:ALLE) by 25.5%, purchasing an additional 28,319 shares, bringing its total holdings to 139,400 shares valued at approximately $24.7 million. This move comes as Allegion recently missed quarterly EPS expectations but raised its quarterly dividend to $0.55 per share and provided FY2026 guidance, with analysts maintaining a consensus “Hold” rating and a $175 price target. Other institutional investors have also adjusted their positions, and a director recently sold 1,000 shares.