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Korea Investment CORP Sells 39,793 Shares of Allegion PLC $ALLE
Korea Investment CORP has reduced its stake in Allegion PLC (NYSE:ALLE) by 44.9%, selling 39,793 shares and now owning 48,833 shares valued at $8.66 million. This comes as Allegion reported mixed quarterly earnings, missing EPS consensus but showing increased revenue, and provided FY2026 guidance. Despite a slight downward revision in Q1 2026 EPS, Zacks Research has raised longer-term forecasts for Allegion, and the company also announced an increase in its quarterly dividend.