Allegion acquires Overly Door: USD 162.50 average target for Allegion stock

Published on 10/08/2026 at 14:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter 2026 revenue rose 12.70 percent to USD 1.15 billion. Allegion stock costs EUR 131.40 on October 8, 2026 versus EUR 130.78, plus 0.47 percent.

Flatlay mit Schlosszylinder, Messing-Schlüsseln, NFC-Zugangskarte, Aktienzertifikat und ISIN-Karte — Allegion plc IE00BFRT3W74 – Flatlay mit Schlosszylinder, Schlüsseln, NFC-Zugangsleser, Aktienzertifikat und ISIN-Karte, Illustration mit AI erstellt.

Allegion plc (ISIN IE00BFRT3W74) was trading at EUR 131.40 at Lang & Schwarz on October 8, 2026 at 2:05 p.m. CEST, plus 0.47 percent versus the EUR 130.78 prior close. The company acquired Overly Door Company on October 5, 2026, while MarketBeat cited a USD 162.50 average 12-month target for Allegion stock on September 29, 2026.

Three events shape the picture

On July 23, 2026, Allegion reported second-quarter 2026 revenue of USD 1,151.5 million, up 12.70 percent from USD 1,022.0 million a year earlier, according to Financial Report Insights. Adjusted earnings per share increased 17.60 percent to USD 2.40, while organic revenue growth was 6.90 percent.

On September 22, 2026, Evercore reiterated an outperform rating and set a USD 180.00 target, a call reported by MarketBeat. On October 5, 2026, Allegion acquired Overly Door Company, established in 1888, according to Yahoo Finance.

What does the acquisition add?

Overly makes custom doors for acoustic, blast, bullet-resistant and vault-security applications. Its products will operate within Allegion Americas and complement the existing hollow-metal doors and frames portfolio, extending exposure to government, education and healthcare customers.

Results date sets the next test

MarketBeat lists Allegion's third-quarter 2026 results for October 22, 2026, before the market opens. The page gives consensus revenue of USD 1.14 billion and consensus earnings per share of USD 2.50.

That estimate places the coming report against a second-quarter revenue base that grew 12.70 percent, while the USD 162.50 average target sits above the latest NYSE context price of USD 147.91 on October 7, 2026. The gap between reported growth and organic growth makes execution and acquisition integration central to the next update.

Stock trades higher in euros

Allegion was trading at EUR 131.40 at Lang & Schwarz on October 8, 2026 at 2:05 p.m. CEST, plus 0.47 percent versus the EUR 130.78 prior close. Its market capitalization was USD 12.6 billion as of October 7, 2026, while the company operates in the Industrials sector and Security and Protection Services industry. The further course of trading is shown by the continuously updated real-time quote of Allegion plc stock.