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Reasons Why Allegion Stock Should Be in Your Portfolio Now

Zacks Investment Research·
Reasons Why Allegion Stock Should Be in Your Portfolio Now

Allegion (ALLE) expects 2026 revenues to grow 7.5-8.5% with organic sales up 3.5-4.5%, driven by strength across Americas segment with 8.9% organic revenue growth in Q2. The company is pursuing accretive acquisitions, increasing dividends by 7.1% year-over-year, and has authorized a $500 million share repurchase program. ALLE carries a Zacks Rank #2 (Buy) rating.

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