Several prominent events have occurred recently related to Allegion Public Limited Company. One of the most significant is Allegion's acquisition of Australian company, Lemaar, which aims to expand their security and accessibility portfolio in Australia. Alongside that, Allegion's dividend is set to increase to $0.51. Allegion's brand, Schlage, has been named the most trusted lock brand for the sixth year in a row, further cementing the company's dominant position in the lock industry.
In addition, Allegion also acquired the Next Door Company, allowing it to expand its specialty door solutions portfolio. High-value stock transactions have taken place, with Vaughan Nelson Investment Management, Regents Gate Capital, and Mirae Asset Global Investments acquiring large stakes. Furthermore, Allegion has released critical Q4 financial results indicating growth and announced a fresh 6% dividend boost, extending its 11-year streak.
However, a downgrade to a 'hold' rating by StockNews.com and an increase in short interest up to 22.1% in January should be noted. Finally, Allegion is set to acquire Stanley Black & Decker’s Access Technologies Business, which is expected to solidify its market position.
Allegion Public Limited Company ALLE News Analytics from Mon, 15 Aug 2016 17:58:53 GMT to Fri, 14 Feb 2025 14:48:04 GMT - Rating 5 - Innovation 7 - Information 8 - Rumor 3
