AQR Capital Management LLC and several other investment firms have increased their holdings of
Allegion PLC, amidst speculations around the company's long-term growth potential and market performance. Despite inconsistent performance in the market, Allegion continues to draw interest. Amid organisational shuffling - the election of
Lauren B. Peters as Chair and the appointment of
Stacy Cozad as New General Counsel - Allegion's audacious moves such as the acquisition of
Unicel Architectural and
Krieger Specialty Products along with Stanley Black & Decker's Access Technologies Business reflect its aggressive growth posture. Factors like the release of its 2023 ESG metrics provide insight into Allegion's commitment to responsible growth, which may be a factor in its shares reaching a new 1-Year high of $146.46. However,
Brokerages' Consensus Rating of 'Reduce' indicates some risks and the market reception remains mixed as Allegion's stock continues to fluctuate. Lastly, the company's latest
Q2-2024 financial results and
the pricing announcement of $400 million senior notes are yet to fully impact Allegion's market standing.
Allegion Public Limited Company ALLE News Analytics from Tue, 12 Nov 2013 08:00:00 GMT to Sat, 05 Oct 2024 09:54:35 GMT -
Rating -1
- Innovation 8
- Information 7
- Rumor 4
