Allegion PLC's stock performance has been noteworthy recently, outperforming the market and showing strong returns on capital. It reported a compound annual growth rate (CAGR) of 6.0% over the last five years and a balance sheet that appears healthy.
Massachusetts Financial Services recently purchased 954,763 shares of Allegion, with other notable holders such as
Amalgamated Bank and
New York Life Investment growing their stakes. Conversely, some, like the
Teacher Retirement System of Texas and
California Public Employees Retirement System, sold off shares. Allegion’s expansion strategy is apparent with the acquisition of companies like Dorcas and
Stanley Black & Decker's Access Technologies Business, enhancing their international electro-mechanical access solutions portfolio. Furthermore, Allegion’s
Q1 2024 financial results and an overview of their performance was offered in their
2022 annual report. These developments provide a comprehensive picture of Allegion's current standing in the market.
Allegion Public Limited Company ALLE News Analytics from Tue, 12 Nov 2013 08:00:00 GMT to Thu, 16 May 2024 17:51:12 GMT -
Rating 8
- Innovation 6
- Information 8
- Rumor -2
