Allegion Public Limited Company (ALLE) has seen a significant influx of investment lately.
Arkadios Wealth Advisors recently acquired 2,119 shares and
Crossmark Global Holdings Inc. currently holds $1.50 million worth of ALLE. This is amid assessments that Allegion holds significant intrinsic value, making it a top-ranked value stock. Recently, Allegion expanded its portfolio by acquiring
SOSS Door Hardware and
Krieger Specialty Products, and is set to acquire Stanley Black & Decker’s Access Technologies Business in a $900 million cash deal. The company has also been innovating within the tech sector, launching security access on Google Wallet for Wear OS Smartwatches. Despite being downgraded to 'Hold' at StockNews.com and having its price target lowered to $134.00 by Barclays, Allegion's EPS beat expectations in their Q3-2024 results. Over the past year, Allegion investors enjoyed a notable 35% return, fostering optimism among shareholders that ALLE's value will multiply. However, Allegion’s stock has seen a 30.3% dip over the past year, which analysts attribute to several factors.
Allegion Public Limited Company ALLE News Analytics from Mon, 15 Aug 2016 17:58:53 GMT to Sat, 25 Jan 2025 00:50:27 GMT -
Rating 3
- Innovation 4
- Information 7
- Rumor -1
