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Morningstar

Morningstar

•

Oct 22, 2026

Allegion plc: Allegion Earnings: Strong US Nonresidential Activity Offsets Weak Western Europe; Shares Undervalued

Symbols

ALLE

Sector(s)

Industrials

Rating

Current Price

180.66

Fair Value

Economic Moat

Stewardship

Summary

Allegion, spun off from Ingersoll Rand in 2013, sells a mix of mechanical and electronic building access products such as locks, doors, keypads, and readers. The firm comprises numerous century-old building access brands, including Schlage, LCN, and Von Duprin. It sells its

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