Allegion Plc (ALLE) is evidently very active in the investment realm based on numerous acquisitions, stake changes and expansion strategies. There is substantial buying and selling of ALLE shares by major financial entities such as BNP Paribas, Aberdeen Group and Stoneridge Investment Partners. ALLE has made strategic acquisitions like
Gatewise, UAP and
ELATEC to grow its security solutions provision. This includes expansion into smart lock technology and adding to its mechanical portfolio. At the Morgan Stanley Laguna Conference, ALLE's CFO will discuss the company's long-term strategy. The company saw a record Q2 revenue growth with a total of $1.022 billion.
Allegion has also been active in the personnel area with changes in the board of directors and executive appointments.
Schlage, an Allegion brand, introduced hands-free smart locks at
CES 2025 and won its 6th Consumer Trust award, further solidifying Allegion’s dominance in the security industry.
Allegion Public Limited Company ALLE News Analytics from Wed, 14 Jul 2021 07:00:00 GMT to Sun, 07 Sep 2025 00:26:24 GMT -
Rating 7
- Innovation 6
- Information 7
- Rumor 1
