Allegion Public Limited Company (ALLE) is set for a substantial growth following the acquisitions of Dorcas and Stanley Black & Decker's Access Technologies Business. The strong value of Allegion's recent investment and acquisition scenario is tangible with GWA Group's business and ISONAS buyouts adding value to its portfolio. Financial institutions like Massachusetts Financial Services Co. MA, Amalgamated Bank and Victory Capital Management Inc. have shown renewed confidence in Allegion's future by making significant new investments. Allegion's strong Q1 2024 financial results and healthy balance sheet, coupled with the rise in insider stakes by 140% underscores the company's stability. Their ambition for international expansion is also indicated by the acquisition of Boss Door Controls. Allegion's ROE of 45% outperforms average industry benchmarks, and it is set to roll out dividends soon. It's worth noting an increase in holdings by New York Life Investment Management LLC and Louisiana State Employees Retirement System. However, there were share sell-offs by the California Public Employees Retirement System. Lastly, Allegion's commitment to environmentally sustainable operations is apparent in its recently published 2022 Annual ESG Metrics.
Allegion Public Limited Company ALLE News Analytics from Tue, 12 Nov 2013 08:00:00 GMT to Fri, 17 May 2024 14:18:11 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor 5
