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Allegion Public Limited Company ALLE - News Analyzed: 1,494 - Last Week: 42 - Last Month: 236

↑ Allegion plc (NYSE:ALLE): Robust Financials and Strategic Acquisitions Drive Optimism

Allegion plc (NYSE:ALLE): Robust Financials and Strategic Acquisitions Drive Optimism
Magnetar Financial LLC entered a fresh $960,000 stake in Allegion plc (NYSE:ALLE). The shares witnessed an upswing following robust financial results for Q2-2024. Following an analyst upgrade, Allegion noted a new 12-month high. The acquisition of Unicel Architectural and Krieger Specialty Products contributed to the organic and specification capabilities growth of Allegion. The $400 million senior notes pricing was also announced. Bessemer Group Inc. and Vanguard Group Inc. increased holdings in ALLE, while ProShare Advisors LLC, Private Advisor Group LLC, and BNP PARIBAS ASSET MANAGEMENT reduced their holdings. Stanley Black & Decker is to sell its Access Technologies business to Allegion for $900 million in cash. Allegion plans for Indianapolis expansion with a $13M investment leading to job creation, and Stacy Cozad is appointed as new General Counsel for Allegion.

Allegion Public Limited Company ALLE News Analytics from Tue, 12 Nov 2013 08:00:00 GMT to Sun, 28 Jul 2024 20:56:58 GMT - Rating 7 - Innovation 8 - Rumor 8

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