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Allegion plc - ALLE STOCK NEWS

Welcome to our dedicated news page for Allegion plc (Ticker: ALLE), a resource for investors and traders seeking the latest updates and insights on Allegion plc.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Allegion plc's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Allegion plc's position in the market.

Rhea-AI Summary
Allegion US introduces the Schlage XE360 Series Wireless Locks, a new electronic lock portfolio designed for the multifamily market, offering style, technology, and security at an attractive price point. The XE360 Series supports mobile access control, integrates with various management systems, and features a design-forward aesthetic. It includes innovative connectivity options for future upgrades, providing property owners with a versatile and secure solution.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.98%
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none
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Rhea-AI Summary
Allegion plc (ALLE) acquires Dorcas, a leading manufacturer of access control solutions in Spain, strengthening its global security product portfolio. Dorcas specializes in electric strikes, locks, and access control products, with a strong presence in European markets. The acquisition aims to enhance Allegion's offerings and expand its market reach.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.57%
Tags
-
Rhea-AI Summary
Schlage, a leading provider of home security solutions, has been ranked as the top door lock and hardware brand in Lifestory Research's America's Most Trusted study for the fifth year in a row. With a Net Trust Quotient score of 119.7, Schlage outperformed its competitors in terms of reputation, recommendation likelihood, and overall trust.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.46%
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none
Rhea-AI Summary
Allegion plc (ALLE) reports solid Q4 execution with record full-year results. The company's net earnings per share (EPS) for Q4 decreased by 12.4% to $1.34, while adjusted EPS was down 0.6% to $1.68. Revenues increased by 4.2% to $897.4 million. Full-year EPS increased by 17.9% to $6.12, with adjusted EPS up by 16.2% to $6.96. Operating margin improved to 17.8% in Q4 and 19.4% for the full year. Available cash flow for 2023 increased by 30.6% to $516.4 million. The company projects a full-year 2024 revenue growth of 1.5% to 3.5% and adjusted EPS of $7.00 to $7.15.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.27%
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Rhea-AI Summary
Allegion US partners with The 'I Love U Guys' Foundation to enhance school safety efforts, focusing on crisis response programs and promoting dialogue on school security. Allegion's collaboration aims to support safer school environments through partnerships and industry participation, leveraging expertise and resources to benefit students and communities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.23%
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none
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Rhea-AI Summary
Allegion plc (NYSE: ALLE) President and CEO John H. Stone will be presenting the company’s long-term strategy at the 2024 Barclays Industrial Select Conference on February 22. The live webcast will be available on Allegion’s investor website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.06%
Tags
conferences
Rhea-AI Summary
Allegion plc (NYSE: ALLE) has declared a quarterly dividend of $0.48 per ordinary share, marking a 7% increase from the previous year. This is the 10th consecutive annual dividend increase for the company, reflecting the board's confidence in Allegion's cash flow generation, business strategy, and performance. The dividend will be payable on March 29, 2024, to shareholders of record on March 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.82%
Tags
dividends
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Rhea-AI Summary
Allegion plc (NYSE: ALLE) has acquired Boss Door Controls, a UK-based door solutions provider, to expand its market presence. The acquisition aims to bolster Allegion's local business in the UK and provide customers with a broader portfolio of products and solutions. Boss Door Controls will operate as part of Allegion International, led by Senior Vice President Tim Eckersley. The strategic combination will benefit both companies by providing additional routes to market and access to a wider portfolio of high-quality security solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.7%
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Rhea-AI Summary
Allegion plc (NYSE: ALLE) will release its 2023 fourth-quarter and full-year financial results on Feb. 20, followed by a conference call for analysts and investors. President and CEO John H. Stone, and CFO Mike Wagnes, will review the results and conduct a live webcast, with a replay available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.82%
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News
Rhea-AI Summary
Allegion plc (NYSE: ALLE) declares a quarterly dividend of $0.45 per ordinary share, payable on Dec. 29, 2023, to shareholders of record on Dec. 18, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5%
Tags
dividends
Allegion plc

NYSE:ALLE

ALLE Rankings

ALLE Stock Data

11.07B
86.91M
0.41%
100.64%
1.84%
Security Guards and Patrol Services
Administrative and Support and Waste Management and Remediation Services
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Ireland
Dublin

About ALLE

allegion (nyse: alle) is a global pioneer in safety and security, with leading brands like cisa®, interflex®, lcn®, schlage® and von duprin ®. focusing on security around the door and adjacent areas, allegion produces a range of solutions for homes, businesses, schools and other institutions. allegion is a $2 billion company, with products sold in almost 130 countries. for more, visit www.allegion.com.