Allegion Public Limited Company (ALLE) is identified as a top growth stock for long-term investors. The company has recently declared its quarterly dividend and is considered a high-quality stock to own. Some investment management firms, including Mawer, have sold shares of ALLE, and new players like Andra AP fonden have bought positions in the company. ALLE continues to grow, acquiring Unicel Architectural, Krieger Specialty Products, Boss Door Controls, and Dorcas, thereby expanding its specifications, institutional, and international portfolios. Despite this, the stock has seen some underperformance recently. ALLE's ESG metrics for 2023 are released along with a digital annual report. Short interest in the company has increased by 7.6% posing some risk to the stock price. ALLE widened its board of directors appointing Stacy Cozad as their new General Counsel and Susan Main. The company is also set to acquire Stanley Black & Decker's Access Technologies Business for a whopping $900 Million in cash, which may expand its service capabilities significantly. The overall present situation is broadly bullish, with certain short-term bearish indications.
Allegion Public Limited Company ALLE News Analytics from Tue, 12 Nov 2013 08:00:00 GMT to Sun, 15 Sep 2024 11:45:12 GMT -
Rating 6
- Innovation 7
- Information 8
- Rumor 2
