Tocqueville Asset Management L.P. has increased its stake in Allegion plc (NYSE:ALLE), and
Mirae Asset Global Investments Co. Ltd. sold 536 shares of Allegion plc. Allegion has had a mixed reaction from market analysts, receiving the consensus recommendation of 'Reduce'.
Allegion noted earnings growth and has a healthy balance sheet according to reports. The company also made key acquisitions including
Unicel Architectural,
Krieger Specialty Products, and
Stanley Black & Decker's Access Technologies Business, expanding their business presence and broadening their product portfolio. The addition of
Stacy Cozad as its new General Counsel strengthens Allegion's legal expertise, and the company's
financial outlook remains positive. However, the recent downgrading of Allegion by
Mizuho Securities may introduce a level of market uncertainty.
Allegion Public Limited Company ALLE News Analytics from Tue, 12 Nov 2013 08:00:00 GMT to Sun, 21 Jul 2024 19:34:44 GMT -
Rating 6
- Innovation 4
- Information 7
- Rumor -2
