Allegion plc director Gregg C. Sengstack acquired
8,000 shares, adding to its sturdy investment portfolio. Combining business innovation with strong financials, Allegion reported their
Q4 and full-year 2024 results, alongside their 2025 outlook. Despite Goldman Sachs adjusting the price target from
$150 to $138, Robert W. Baird, however, set a new price target at
$144.00. The company’s recently acquired firms, namely, the
Next Door Company and
Lemaar, subsidizes to its specialty door solutions and security portfolio respectively. All this while branching into the Australian market, which is in line with their growth strategy. Furthermore, Allegion continues its flawless record of dividends, marking an
11-year streak with a 6% increment. Interestingly, Allegion’s stock prices are believed to rise, according to Morgan Stanley, despite a cut to $130.00 by Barclays. New acquisitions give a significant boost, including the purchase of
SOSS Door Hardware, which adds to its safety and security portfolio, demonstrating a strong business model.
Allegion Public Limited Company ALLE News Analytics from Mon, 15 Aug 2016 17:58:53 GMT to Sat, 22 Feb 2025 23:27:34 GMT -
Rating 7
- Innovation 6
- Information 6
- Rumor 3
