Allegion Public Limited Company (NYSE: ALLE) has been experiencing significant investor interest, with Boston Partners, National Bank of Canada, Charles Schwab Investment Management, and HighTower Advisors holding large stock positions. However, the firm has also witnessed some divestments, with LGT Group Foundation and Lord Abett notably reducing their stakes. Allegion has further expanded their European reach through the acquisition of
Brisant, adding a premium smart lock portfolio to their offerings.
Barclay has raised Allegion's rating to Equal Weight, while it has also achieved a new 12-Month high. Allegion has shown strong financial performance in Q2-2025, reporting record revenue growth of $1.022 billion. They are also expanding their digital access portfolio through the €330M acquisition of
ELATEC. Alongside, Allegion's CEO's compensatory approval is forecasted by shareholders. Notably, Allegion's stock rose by 4.46% on July 17. This growth is expected to continue with Allegion's acquisition of Novas, Gatewise, and bolstering of their electronics portfolio with ELATEC, a leader in reader and credential technology. They have also raised their revenue growth outlook for 2025.
Allegion Public Limited Company ALLE News Analytics from Tue, 04 Feb 2025 08:00:00 GMT to Sun, 17 Aug 2025 00:22:46 GMT -
Rating 8
- Innovation 6
- Information 8
- Rumor 2
