Allegion lifts outlook as Americas security-products demand expands
Allegion ($ALLE) reported third-quarter 2026 revenue of $1.17 billion, up 9.6%, including 7.2% organic growth. Adjusted earnings increased 13% to $2.60 per share, while GAAP earnings were $2.59. Strength in Americas non-residential demand drove the improvement, with adjusted operating margin increasing to 24.7% from 24.1%. The security-products group raised its 2026 adjusted earnings target to $9.05–$9.10 per share and expects reported sales growth of 9.5%–10.5%, including organic growth of 5%–6
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