SWX:SGSN 21 November 2025

April 29, 2026, 3:33 AM EDT. Shares of Allegion (NYSE:ALLE), a security hardware provider, fell 7.1% after reporting first-quarter 2026 adjusted earnings per share of $1.80, missing Wall Street's estimate of $1.90. Despite 9.7% year-over-year revenue growth to $1.03 billion that slightly beat expectations, organic revenue-excluding acquisitions and currency effects-increased only 2.6%, signaling softer core demand. Operating margin declined to 18.9% from 20.9% a year ago. The stock's 7.1% drop marks one of its few significant moves over the past year, reflecting investor concerns but not necessarily altering the long-term business outlook. Allegion also revised its 2026 earnings guidance downward, projecting adjusted EPS between $8.70 and $8.90 versus analysts' higher forecasts. The stock trades 24% below its 52-week high amid a 15% year-to-date decline.