Vanguard Personalized Indexing Management LLC has bought an additional 329 shares of Allegion plc (ALLE). Excitement is building over Allegion's highly commendable 40% return on equity. In addition, the company recently announced it had priced $400 million in senior notes. Asset management company Principal Financial Group has $14.95 million holdings in Allegion. ALLE has just completed the extension and increase of its revolving credit facility. In other news, Allegion is expected to report growth in earnings. Allegion’s balance sheet shows good health, and one insider has raised his stake by 140% in the last year. The company recently acquired Dorcas and Boss Door Controls, extending its international reach. Further acquisitions include GWA Group's business & ISONAS buyouts, Stanley Black & Decker's Access Technologies Business and door manufacturer AD Systems. Despite a recent small dip in revenue, Allegion maintains a robust start to 2024 and their annual report states solid ESG metrics. ALLE also has the public’s attention after spinning off from Ingersoll-Rand and ringing the opening bell at the NYSE.
Allegion Public Limited Company ALLE News Analytics from Tue, 12 Nov 2013 08:00:00 GMT to Sun, 26 May 2024 09:46:31 GMT -
Rating 8
- Innovation 6
- Information 7
- Rumor -6
