Allegion Public Limited Company (ALLE) has garnered significant attention recently, following a series of progressive steps. The company, a leader in the security technology sector, has expanded its access solutions portfolio with the innovative
Waitwhile Software Platform. Following various acquisitions including
Gatewise,
ELATEC, and
Trimco, the company has substantially boosted its product offerings. A landmark acquisition is the
ELATEC buyout with a deal size of β¬330M, propelling Allegion's digital access portfolio. Numerous institutional investors, such as the
Brown Advisory Inc.,
Teacher Retirement System of Texas, and
Azzad Asset Management, have raised their stake in ALLE, reflecting confidence in its growth. Analysts from reputed firms including
Morgan Stanley and
Goldman Sachs have also issued positive price forecasts for ALLE's stock. ALLE's market performance has been impressive with shares soaring 1.22% reported on an acquisition. Allegion's 2025 Q2 earnings report and financial results are highly anticipated. Robust growth within the Allegion Americas Segment is contributing to stock strength.
Allegion Public Limited Company ALLE News Analytics from Mon, 15 Aug 2016 17:58:53 GMT to Fri, 11 Jul 2025 17:24:36 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor -3