Welcome to our dedicated page for Allegion Plc news (Ticker: ALLE), a resource for investors and traders seeking the latest updates and insights on Allegion Plc stock.
Allegion Public Limited Company (NYSE: ALLE) regularly issues news and updates that reflect its role in security and access solutions. This news page aggregates Allegion’s press releases and market announcements so readers can review developments related to its products, technology, financial performance and corporate actions.
In its own communications, Allegion describes itself as a global security products and solutions provider with a portfolio that includes residential and commercial locks, door closer and exit devices, steel doors and frames, access control and workforce productivity systems. News items often highlight product launches and enhancements, such as upgrades to the LCN Senior Swing automatic door operators with AdaptivIQ™ self-adjusting technology and Smart Power Boost, or the introduction of Schlage Performance Series™ commercial locks for everyday commercial and multifamily applications.
Allegion’s updates also cover electronic and smart access control. Recent announcements describe wallet-based access solutions delivered through Allegion brands Zentra and Gatewise, enabling residents to use Apple and Google Wallet digital keys for tap-and-go entry at multifamily properties. Other news includes integrations like the Connected Openings solution with Brivo, which connects Schlage XE360 wireless locks to a cloud-based security suite over Wi‑Fi, and software-focused releases such as the Overtur™ OnSite App for door and opening inspections.
Investors and followers of ALLE can also find financial and corporate news here, including quarterly earnings results, conference participation, dividend declarations and credit agreement amendments disclosed via press releases and SEC-related announcements. This page provides a centralized view of Allegion’s ongoing activities, from hardware and software product developments to capital allocation and segment performance, making it a useful reference for tracking how the company communicates its strategy and operations over time.
Allegion plc (NYSE: ALLE) has declared a quarterly dividend of $0.36 per ordinary share, payable on June 30, 2021, to shareholders of record on June 16, 2021. This decision reflects the company's commitment to returning value to its shareholders. In 2020, Allegion reported $2.7 billion in revenue, affirming its position as a leading global security products provider.
On March 30, 2021, Allegion partnered with CBORD to enhance security solutions in higher education by introducing contactless mobile credentialing for Android devices. This expansion follows the successful launch for Apple in August 2019. Users can now access campus buildings and make purchases via Google Pay, improving safety and efficiency. The mobile credentials utilize two-factor authentication, providing students and faculty with secure, contact-free access. Allegion aims to further extend its mobile credential offerings across more universities throughout 2021.
Allegion plc (NYSE: ALLE) will announce its 2021 first-quarter financial results on April 22, 2021, before market opening. CEO David D. Petratis and CFO Patrick Shannon will host a conference call at 8 a.m. ET to discuss the results, accessible via the company's website or by telephone. Allegion, a global leader in security products, reported $2.7 billion in revenue for 2020, showcasing its commitment to security innovations for various sectors. The company’s brands include CISA, Schlage, and Von Duprin.
Allegion plc (NYSE: ALLE) announced that Senior Vice President and CFO Patrick Shannon will present the company’s long-term strategy at Bank of America’s 2021 Global Industrials Conference on March 16. Investors can listen to the live webcast on Allegion’s investor website or directly via the provided link. In 2020, Allegion achieved $2.7 billion in revenue, demonstrating its strong market presence. Allegion specializes in security solutions for homes, businesses, and institutions with recognized brands like Schlage and Von Duprin.
Allegion plc (NYSE: ALLE) has successfully completed the sale of its Qatar Metal Industries (QMI) business to HLD Group of Companies on February 28, 2021. The terms of the transaction remain undisclosed. This divestiture, part of Allegion's strategic focus, was initially announced during the company's fourth-quarter earnings call for 2020. Allegion is a leading provider of security solutions with a revenue of $2.7 billion in 2020, showcasing its commitment to securing homes, businesses, and institutions globally.
Allegion plc (NYSE: ALLE) reported Q4 2020 net revenues of $727.3 million and net earnings of $93.3 million, or $1.01 per share. Adjusted EPS rose 16.4% to $1.49, up from $1.28 in Q4 2019. Full-year 2020 revenues declined 4.7% to $2.72 billion, with adjusted EPS at $5.11. The Americas segment saw a 1% revenue decrease, while EMEA increased 10.5%. Despite a 17.9% drop in Q4 operating income to $117.7 million, adjusted operating income was up 8.3% to $163.5 million. For 2021, the company forecasts a revenue decline of 0.5% to 1.5% and EPS between $4.55 and $4.75.
Allegion plc (NYSE: ALLE) has appointed Luis Orbegoso as senior vice president of Allegion Americas, responsible for a business that generates approximately $2 billion in annual revenue with over 7,000 employees across North America. Orbegoso has extensive leadership experience in the security industry, previously serving in senior roles at American Residential Services and ADT. His track record includes driving growth, process standardization, and innovative product development, aligning with Allegion's vision of seamless access and a safer world.
Allegion plc (NYSE: ALLE) will present its long-term strategy at the Barclays’ Industrial Select Conference 2021 on February 17. David D. Petratis, the company’s Chairman, President, and CEO, is set to discuss key strategic initiatives. Investors can listen to the live webcast on Allegion’s investor website or directly through a provided link. Allegion is known for its innovative security solutions and had a revenue of $2.9 billion in 2019, operating in nearly 130 countries.
On February 9, 2021, Schlage announced a refreshed brand identity that showcases its legacy of innovation in home security. The new tagline, "Trust Your Home to Schlage," emphasizes the brand's commitment to simplicity and consumer trust. Schlage was recognized as America's Most Trusted lock brand of 2021 by Lifestory Research. The company maintains its focus on quality while adapting to modern consumer needs, with a product range that includes advanced smart locks. Schlage aims to create experiences that enhance home security for consumers worldwide.
Allegion plc (NYSE: ALLE) announced a quarterly dividend of $0.36 per share, marking a 13% increase from 2020 and the seventh consecutive annual rise. This reflects Allegion's commitment to shareholder value and confidence in its cash flow generation. The dividend will be payable on March 31, 2021, to shareholders on record by March 17, 2021. Allegion, a leader in security products, reported $2.9 billion in revenue in 2019 and operates in nearly 130 countries, indicating its strong global presence.