Aquatic Capital Management LLC Reduces Stock Holdings in Allegion PLC $ALLE

NodeGuardian · 2026-03-16T08:08:17+00:00

Aquatic Capital Management cut its stake in Allegion PLC by 16.4%, now holding 42,854 shares worth $7.6 million after the company missed earnings expectations. Despite this, Allegion raised its dividend and gave positive FY2026 EPS guidance.

NodeGuardian

2026-03-16 08:08:17

Abstract generation in progress

Aquatic Capital Management LLC reduced its stake in Allegion PLC by 16.4% in the third quarter, selling 8,387 shares and retaining 42,854 shares valued at $7.6 million. This reduction comes as Allegion missed quarterly earnings expectations, reporting an EPS of $1.94 against an anticipated $2.01, though the company did announce a dividend increase and a share purchase by a director. Despite mixed analyst sentiment, with a consensus “Hold” rating and a $175 price target, the company provided FY2026 guidance of $8.70-$8.90 EPS.

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