↑ Allegion Public Limited Company ALLE Experiences Share Fluctuation Among Investment Companies, Outpacing Industrial Products Peers & Making Major Acquisitions
Two Sigma Investments LP and Millenium Management LLC have reduced their stakes in Allegion plc, while Lansforsakringar Fondforvaltning AB, D. E. Shaw & Co. Inc, Deutsche Bank AG, and Nuveen Asset Management LLC among others have increased theirs. Man Group plc also bought a considerable amount of Allegion shares. Allegion looks set to gain shareholder approval for CEO compensation. The company’s momentum is also highlighted, suggesting it’s a strong candidate for long-term investors. Furthermore, Allegion's resilient 40% ROE and its stock outpacing its industrial products peers strengthen its position. Allegion has acquired Next Door Company and Trimco Hardware, expanding their specialty door solutions and American portfolio respectively. The company's strategy for growth was highlighted at the Elite Bank of America Conference. Recent financial results indicate a positive Q1-2025 performance, with revenue and EPS rising. The 2025 investor & analyst day event is scheduled to take place in NYC. Stacy Cozad is Allegion's newly appointed General Counsel, and Allegion's Q3 earnings are anticipated to decline.
Allegion Public Limited Company ALLE News Analytics from Mon, 15 Aug 2016 17:58:53 GMT to Sat, 31 May 2025 17:03:40 GMT -
Rating 6
- Innovation 7
- Information 7
- Rumor 3
