Allegion (ALLE) Lifted Full Year Guidance, Is The Stock Already Pricey?

Allegion (ALLE) just delivered Q3 2026 results that topped revenue and earnings expectations, and then backed that up with higher full-year guidance, a combination that has quickly reset how the market is reading this stock. The latest move takes Allegion’s share price to US$176.52 after a 1-day share price return of 11.02%, capping a 90-day share price return of 15.10% as investors respond to the earnings beat, higher guidance and recent capital deployment moves. The 3-year total shareholder...