Mirae Asset Global Investments has sold 536 Allegion shares, while
Mediolanum International Funds and
Norden Group have bought new stakes, signaling varied investor reactions.
Stacy Cozad has joined Allegion as new General Counsel. The company's share price target has been lowered by Barclays to $112.00. Expanding core business, Allegion has acquired
Unicel Architectural,
Dorcas,
Krieger Specialty Products, and
Boss Door Controls. Furthermore,
Stanley Black & Decker is set to sell Access Technologies Business to Allegion for $900 Million. Allegion's Q1-2024 financial results report and balance sheet state a clear picture of stability. Allegion recently introduced new
Von Duprin 70 Series Exit Devices. The company announced pricing of $400 Million of senior notes twice.
John H. Stone has been appointed as CEO.
Ingersoll-Rand is set to spin-off Allegion on December 1. Allegion will be growing its presence in Indy and will be adding jobs. Lastly, Allegion has revised its Full-Year 2022 outlook accordingly after reporting Third-quarter 2022 financial results.
Allegion Public Limited Company ALLE News Analytics from Tue, 12 Nov 2013 08:00:00 GMT to Sun, 14 Jul 2024 10:28:57 GMT -
Rating 6
- Innovation 4
- Information 7
- Rumor -1
