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Allegion Public Limited Company ALLE - News Analyzed: 2,206 - Last Week: 67 - Last Month: 268

β‡— Allegion Boosts its Speciality Door Solutions Portfolio through Acquisitions amid Mixed Market Reviews

Allegion Boosts its Speciality Door Solutions Portfolio through Acquisitions amid Mixed Market Reviews
Allegion Public Limited Company (ALLE) has been in the limelight of the investment and biotech sectors for both positive and negative factors. The company's market performance has been given a Consensus Rating of 'Reduce' by analysts while reported a notable 35% return in the past year. Allegion's growth strategy and financial management have been a central topic of discussion. The company has made strategic acquisitions, such as Next Door Company and SOSS Door Hardware, potential strengthening their specialty door solutions and security portfolios respectively. It has also expanded its institutional market portfolio with the purchase of Krieger Specialty Products. Besides, it made news by buying Stanley Black & Decker's Access Technologies Business for $900 million in cash. Some institutional investors have added ALLE to their portfolio with transactions reflecting buying and selling activities; Boston Trust Walden Corp, Merit Financial Group LLC, and Contravisory Investment Management Inc acquiring shares, while SG Americas Securities LLC and Gateway Investment Advisers LLC sold their shares.

Allegion Public Limited Company ALLE News Analytics from Fri, 22 Jun 2018 02:50:35 GMT to Sat, 08 Feb 2025 07:40:22 GMT - Rating 4 - Innovation -5 - Information 6 - Rumor -3

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