Allegion PLC (NYSE: ALLE) has been experiencing an influx of investments from different firms, including First Bank & Trust, Strs Ohio, Sivia Capital Partners LLC, and United Services Automobile Association, contributing to its growing market position. However, there are concerns about Allegion's credibility due to its debt. Millennium Management LLC, UBS AM, and MBB Public Markets I LLC have also added to their stakes in Allegion, signaling confidence in the company's prospects. The company's stock hit a new 12-month high after an analyst upgrade. Allegion also enjoyed a price target increase from Goldman Sachs, arguably due to its resilience amid subdued growth. The acquisition of Trimco Hardware adds to their Americas portfolio, reflecting Allegion's progressive growth strategy. Market activity points towards Allegion being potentially undervalued. Its Q2 earnings report exceeded expectations, further boosting the company's portfolio with the addition of Gatewise. Lastly, Allegion bagged the 2025 Gallup Exceptional Workplace Award, and investors are eagerly awaiting the results of Q1 2025 earnings.
Allegion Public Limited Company ALLE News Analytics from Wed, 14 Jul 2021 07:00:00 GMT to Sun, 21 Sep 2025 00:56:47 GMT -
Rating 7
- Innovation 4
- Information 9
- Rumor -3
