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 (NYSE: ALLE) has announced a 6% increase in its quarterly dividend, which will now be $0.51 per ordinary share. This marks the company's 11th consecutive annual dividend increase. The dividend will be payable on March 31, 2025, to shareholders of record as of March 14, 2025. Allegion, a global security products and solutions provider, continues to demonstrate its commitment to shareholder returns through consistent dividend growth.
Allegion (NYSE: ALLE) has announced its participation in the 2025 Barclays Industrial Select Conference, scheduled for Thursday, February 20, at the Loews Miami Beach Hotel. President and CEO John H. Stone will present the company's long-term strategy during the event. Investors and interested parties can access a live listen-only webcast of the presentation through Allegion's investor website at investor.allegion.com.
Allegion (NYSE: ALLE) has announced it will release its 2024 fourth-quarter and full-year financial results on Tuesday, February 18, before market opening. The company will hold a conference call and webcast at 8 a.m. ET the same day, featuring President and CEO John H. Stone and CFO Mike Wagnes, who will review the results with analysts and investors.
The live webcast will be available through Allegion's investor relations website. Participants can join the conference call by dialing 1-877-883-0383 (US) or 1-412-902-6506 (international) with Conference ID 9905335. A replay will be available on the company's website after the event.
Allegion plc (NYSE: ALLE) has acquired Next Door Company, a Miami-based manufacturer of stainless steel and hollow metal doors. Founded in 1993, Next Door specializes in custom configurations for industrial, commercial, and institutional buildings. The acquisition enhances Allegion's specialty offerings and complements its existing hollow metal doors and frames portfolio.
Next Door will be integrated into the Allegion Americas segment, led by Senior Vice President Dave Ilardi. Justin Schechter, Next Door's owner, will join Allegion to support the transition and accelerate growth for the combined businesses. The companies have been partners for over a decade, sharing expertise in complex environments. The financial terms of the transaction were not disclosed.
Schlage unveiled two new smart lock solutions at CES 2025: the Schlage Sense Pro™ Smart Deadbolt and Schlage Arrive™ Smart WiFi Deadbolt. The Sense Pro features Matter-over-Thread compatibility and introduces Schlage Converge™ technology, utilizing Ultra Wideband for hands-free unlocking based on user movement and intent. It offers keypad access, NFC capabilities, and smart home integration.
The Arrive™ Smart WiFi Deadbolt is Schlage's first push-button keypad deadbolt with built-in WiFi, allowing direct network connection without additional accessories. It supports up to 250 access codes and includes remote management through the updated Schlage Home app.
The new Schlage Home app, launching early 2025, will provide a unified interface for managing all Schlage smart locks with WiFi capabilities. The Arrive™ model will be available in late spring 2025, while the Sense Pro™ will launch later in the year.
Silverstein Properties has launched resident keys in Apple Wallet at Silver Towers (606 West 42nd Street) in New York City, allowing residents to access their building, apartments, and amenities using iPhone or Apple Watch. The initiative, implemented in partnership with SwiftConnect, Allegion, and Kastle, eliminates the need for physical keys.
The system works through Silverstein's Inspire app using SwiftConnect's AccessCloud platform. Features include Express Mode for quick access without unlocking devices and Power Reserve for low-battery situations. The technology emphasizes security and privacy, with encrypted data protected against tampering. This implementation is part of Silverstein's Inspire program, which focuses on enhancing customer experience through hospitality services, programming, and workplace technology.
Allegion has become the first security solutions provider to support mobile credentials in Google Wallet on Wear OS smartwatches, launching December 9, 2024. The enhancement allows users to access Schlage mobile credentials, including student IDs and employee badges, directly from their smartwatches.
The solution offers three key benefits: convenience through elimination of physical cards, enhanced security with multiple protection layers, and seamless access via tap-to-unlock functionality. The technology is compatible with all NFC-enabled Schlage wireless locks, wall readers, and reader controllers, including NDE and LE Series, XE360 Series, AD Series, and Schlage Control electronic locks.
Allegion US has become the first security solutions provider to support mobile credentials in Google Wallet on Wear OS smartwatches, launching December 9, 2024. This enhancement allows users to access Schlage mobile credentials, including student IDs and employee badges, directly from their smartwatches.
The solution offers multiple benefits including convenient access without physical cards, enhanced security with multiple protection layers, and seamless entry through Schlage electronic locks with a simple tap. The technology supports all NFC-enabled Schlage products, including NDE and LE Series, XE360 Series, AD Series, Control electronic locks, MTB Series wall readers, and RC Series reader controllers.
Since 2019, Schlage has been developing wallet-based mobile credentials with Google Wallet and other industry leaders, maintaining its position at the forefront of this technology.
Allegion (NYSE: ALLE), a global security products and solutions provider, has announced that its board of directors has declared a quarterly dividend of $0.48 per ordinary share. The dividend will be paid on December 31, 2024, to shareholders who are on record as of December 17, 2024.
Allegion (NYSE: ALLE) has appointed Gregg Sengstack, executive chairperson of Franklin Electric Company, to its Board of Directors. Sengstack becomes the ninth member of the board, joining eight independent directors. He will serve on the Board's Audit and Finance Committee, Compensation and Human Capital Committee, and Corporate Governance and Nominating Committee.
Sengstack brings over 30 years of professional experience, having served as both CEO and CFO at Franklin Electric. His career at Franklin Electric began in 1988 as assistant treasurer, progressing through various leadership roles including CFO, senior vice president, president of Franklin Fueling Systems and International Water Group, and COO. He served as CEO from 2014 to July 2024 and was elected board chairperson in 2015. He also currently serves on the board of Woodward, Inc.