Is Allegion (ALLE) Outperforming Other Industrial Products Stocks This Year?

The Industrial Products group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Allegion (ALLE) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Industrial Products sector should help us answer this question.Allegion is a member of our Industrial Products group, which includes 187 different companies and currently sits at #4 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Allegion is currently sporting a Zacks Rank of #2 (Buy).Over the past 90 days, the Zacks Consensus Estimate for ALLE's full-year earnings has moved 0.3% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.Based on the latest available data, ALLE has gained about 23.1% so far this year. At the same time, Industrial Products stocks have gained an average of 7.3%. This shows that Allegion is outperforming its peers so far this year.One other Industrial Products stock that has outperformed the sector so far this year is Sandvik AB (SDVKY). The stock is up 82% year-to-date.In Sandvik AB's case, the consensus EPS estimate for the current year increased 2.7% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).Breaking things down more, Allegion is a member of the Security and Safety Services industry, which includes 17 individual companies and currently sits at #57 in the Zacks Industry Rank. This group has gained an average of 17.5% so far this year, so ALLE is performing better in this area. On the other hand, Sandvik AB belongs to the Manufacturing - Tools & Related Products industry. This 8-stock industry is currently ranked #17. The industry has moved +8.9% year to date.Investors interested in the Industrial Products sector may want to keep a close eye on Allegion and Sandvik AB as they attempt to continue their solid performance.Zacks Naming Top 10 Stocks for 2026Want to be tipped off early to our 10 top picks for the entirety of 2026? History suggests their performance could be sensational.From 2012 (when our Director of Research Sheraz Mian assumed responsibility for the portfolio) through November, 2025, the Zacks Top 10 Stocks gained +2,530.8%, more than QUADRUPLING the S&P 500’s +570.3%.Now Sheraz is combing through 4,400 companies to handpick the best 10 tickers to buy and hold in 2026. Don’t miss your chance to get in on these stocks when they’re released on January 5. Be First to New Top 10 Stocks >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Allegion PLC (ALLE): Free Stock Analysis Report Sandvik AB (SDVKY): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks