DekaBank Deutsche Girozentrale maintains a strong $24.88M stake in
Allegion plc. There was an increase of 10.6% in short interest for Allegion in July. The company unveiled its 2023 ESG metrics and digital annual report, while
Price T Rowe Associates acquired 4,555 Allegion shares. With its share price standing at $116, questions rise as to whether this is an opportune time for investment.
Dynasty Wealth Management and
Zurich Insurance Group purchased fresh stakes, while Allegion reported its financial results for Q2 and Q1 2024.
Magnetar Financial secured 7,129 shares of Allegion plc; however, certain Allegion insiders sold shares worth $2.8M, suggesting hesitancy. Complementing its portfolio, Allegion made acquisitions including
Unicel Architectural, Krieger Specialty Products, Dorcas, Boss Door Controls and Stanley Black & Decker's Access Technologies Business. Recently Allegion enhanced its credit facility, appointed
Stacy Cozad as general counsel, and announced $400M senior notes pricing. With a robust balance sheet, Allegion aims to expand its Indy presence with new jobs. Lastly, Allegion's price target has been raised to $137.00.
Allegion Public Limited Company ALLE News Analytics from Tue, 12 Nov 2013 08:00:00 GMT to Sun, 04 Aug 2024 17:10:47 GMT -
Rating 6
- Innovation 3
- Information 5
- Rumor -3
