Allegion Plc Stock Price, News & Analysis

Allegion (NYSE: ALLE) has announced the acquisition of UAP Group Limited, a prominent UK-based security solutions provider specializing in residential door hardware. Founded in 1996 in Bury, England, UAP brings a portfolio of nearly 200 patents, trademarks and registered designs to the acquisition.

The strategic acquisition will be integrated into Allegion International segment, enhancing Allegion's regional presence and complementing its non-residential portfolio in the UK. UAP's CEO, David Jennings, will join Allegion to support the transition and drive growth initiatives. The financial terms of the transaction were not disclosed.

Allegion US (NYSE:ALLE) has launched the Schlage® L Series Motorized Latch Retraction mortise locks, a multi-category winner in the Campus Security Today Secure Campus Awards. Released in March 2025, these Grade 1 locks feature quiet operation and enhanced security capabilities.

The new locks utilize an ultra-quiet stepper motor with 24V DC power, offering six different functions across keyed, non-keyed, and lever control options. A notable patent-pending feature detects and adjusts for binding conditions, addressing issues like side load and warped doors. The locks are designed for various applications, including healthcare facilities, educational institutions, data centers, and accessible restrooms.

Allegion (NYSE: ALLE) reported strong Q2 2025 financial results, with quarterly revenue exceeding $1 billion for the first time in company history. Net earnings per share reached $1.85, up 4.5% YoY, while adjusted EPS increased 4.1% to $2.04.

The company's revenue grew 5.8% to $1,022.0 million, with organic growth of 3.2%. The Americas segment led performance with 6.6% growth, driven by strong non-residential business. Operating margin was 21.5%, with adjusted operating margin holding steady at 23.7%.

Allegion raised its 2025 full-year outlook, projecting revenue growth of 6.5% to 7.5% and adjusted EPS of $8.00 to $8.15. The company maintains strong liquidity with $656.8 million in cash and continued its shareholder returns through dividends and share repurchases.

Allegion (NYSE: ALLE), a global security products and solutions provider, has scheduled its 2025 second-quarter earnings conference call for Thursday, July 24. The financial results will be released before market opens, followed by a conference call at 8 a.m. ET.

The call will feature CEO John H. Stone and CFO Mike Wagnes, who will review the company's results. Investors can access the call via webcast at investor.allegion.com or by phone using the numbers 1-877-883-0383 (US) or 1-412-902-6506 (International) with Conference ID 7595276. A replay will be available on the company's website after the live event.

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Allegion (NYSE: ALLE), a global security products provider, has acquired Waitwhile Inc., a SaaS company specializing in cloud-based appointment scheduling and queue management solutions. Waitwhile's platform offers virtual waitlist and scheduling capabilities, featuring real-time updates and analytics to improve operational efficiency.

The platform has served over 300 million end-user visits across healthcare, education, commercial, government, and retail markets. Waitwhile CEO Christoffer Klemming will join Allegion and continue leading the business, which operates in the U.S. and Sweden. The acquisition aligns with Allegion's strategy of investing in complementary software products to enhance their hardware offerings.

Allegion (NYSE: ALLE), a global security products provider, has acquired Gatewise Incorporated, a Houston-based smart access control solutions company focused on the U.S. multifamily market. Founded in 2017, Gatewise offers a SaaS-based gate entry system featuring a mobile app for residents and cloud-based management portal for property managers.

The acquisition complements Allegion's electronic locks and Zentra multifamily access solution by integrating perimeter security with unit and common area security. Gatewise CEO Amit Sherman will join Allegion to facilitate integration and growth. The financial terms of the transaction were not disclosed.

Allegion (NYSE: ALLE), a global security products and solutions provider, has announced the completion of its acquisition of ELATEC from Summit Partners. The transaction was valued at €330 million on a cash-free, debt-free basis. ELATEC is known for its readers and credentials solutions.

The acquisition represents a strategic move in the security products sector, though specific details about integration plans or expected synergies were not disclosed in the announcement.

Schlage, a leading door hardware manufacturer, has launched Pin & Tumbler Studio, its first innovation studio focused on design-forward door hardware solutions. The studio's inaugural release features the Mosaic Trim Collections, offering customizable door hardware with interchangeable trim inserts priced at $99. The collection includes two distinct lines: the Natural Collection, inspired by organic elements and calming textures, and the Bold Collection, featuring vibrant colors and statement patterns. Built on Schlage's Combined Interior platform, these locks can switch between locking and non-locking functions. The studio aims to blend innovation with personal style preferences while maintaining Schlage's century-old reputation for trusted security solutions.

Allegion (NYSE: ALLE) has signed a definitive agreement to acquire ELATEC, a leading manufacturer of RFID credentials and readers solutions, from Summit Partners for €330 million. ELATEC specializes in security and access technology, with readers compatible with nearly 100 credential types. The company is expected to generate €60-€65 million in net sales in 2026 and be accretive to adjusted EPS. The acquisition will expand Allegion's global electronics portfolio in non-residential markets including education, healthcare, hospitality, and industrial sectors. ELATEC will be integrated into Allegion's International segment, with CEO Gerhard Burits joining to support the transition. The deal, expected to close in Q3 2025, will be funded through cash and existing credit facilities, with an implied 2026E adjusted EBITDA multiple of approximately 18x.