Allegion Public Limited Company (ALLE) has been the center of various market activities recently. The
stock performance of the company has fluctuated, both outperforming and underperforming the market on different days. Investment entities, including
Renaissance Technologies LLC, MQS Management LLC, and Massachusetts Financial Services Co. MA, have taken positions in Allegion, indicating strong investor interest. Despite Allegion's growth prospects, some market players believe its share price could signify risk. The company declared a
quarterly dividend, signaling positive business health. ALLE's board selected
Lauren B. Peters as chair, while
Stacy Cozad was recently appointed as General Counsel. The firm has expanded its core business by acquiring several companies, such as
Unicel Architectural, Krieger Specialty Products, Dorcas, Boss Door Controls, and Yonomi, thereby increasing its product portfolio. In a major M&A move, Allegion bought Stanley Black & Decker's Access Technologies business for $900 million. Q2-2024 financial results were reported, and Q3 2025 earnings are forecasted at $1.99 per share. The company plans to increase its presence in Indiana, adding jobs.
John H. Stone was appointed as CEO.
Allegion Public Limited Company ALLE News Analytics from Tue, 12 Nov 2013 08:00:00 GMT to Sat, 21 Sep 2024 15:55:59 GMT -
Rating 8
- Innovation 4
- Information 8
- Rumor 3
