Allegion Public Limited Company (ALLE) has been making significant strides lately. Despite underperforming the market on a few occasions, Allegion has been recognized as a
top-ranked value stock, hinting at potential strong long-term investments. The firm made notable gains with the acquisition of
SOSS Door Hardware and
Krieger Specialty Products which further expands their safety, security, and institutional market portfolio. Similarly, purchasing Stanley Black & Decker’s Access Technologies Business for $900 million also strengthens their standing. Allegion rewarded its shareholders with a $0.48 per share quarterly dividend for December 2024, and displayed
notable 35% return over the last year, which has been well-received by investors. Analysts like Barclays and Morgan Stanley have engaged with Allegion's stocks though Barclays did lower their price target to $134.00. Major stakeholders like Diversified Trust Co and Nordea Investment Management AB have made new investments, indicating market confidence. Allegion has also shown proactive leadership changes with Lauren B. Peters elected as chair, along with new appointees to the Board of Directors and General Counsel.
Allegion Public Limited Company ALLE News Analytics from Mon, 15 Aug 2016 17:58:53 GMT to Fri, 10 Jan 2025 22:23:00 GMT -
Rating 5
- Innovation 2
- Information 8
- Rumor -1
