Honor recognizes Allegion's ‘most engaged workplace culture' for second consecutive year Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, has received the 2025 Gallup Exceptional Workplace Award (GEWA) for the second consecutive year. This award recognizes the most engaged workplace cultures in the world — organizations that achieve more by helping their employees focus on what they do best. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250319198272/en/Gallup Exceptional Workplace Award: 2025 Engagement + Strengths Winner Gallup found that Allegion, through an emphasis on and investment in st

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, will hold a "2025 Investor & Analyst Day" in New York City on Tuesday, May 6. President and CEO John H. Stone will lead this meeting, joined by Senior Vice President and Chief Financial Officer Mike Wagnes and additional Allegion executive leadership team members to discuss the company's long-term strategy and vision for the future. This event will include formal presentations, with a real-time, listen-only webcast of the meeting broadcast online. Individuals will be able to access the webcast through Allegion's website at investor.allegion.com. For those unable to watch the live event, a replay will also

Allegion plc (NYSE:ALLE) Senior Vice President and Chief Financial Officer Mike Wagnes will discuss the company's long-term strategy at the 2025 Bank of America Global Industrials Conference on Wednesday, March 19. The conference will be held at The Landmark Hotel in London. A live listen-only webcast will be accessible via Allegion's investor website at investor.allegion.com or directly by clicking here. About Allegion At Allegion (NYSE:ALLE), we design and manufacture innovative security and access solutions that help keep people safe where they live, learn, work and connect. We're pioneering safety with our strong legacy of leading brands like CISA®, Interflex®, LCN®, Schlage®, Simons

America's Most Trusted lock brand 1 introduces a new rekeying feature, putting the power of streamlined home security in users' hands LAS VEGAS, Feb. 25, 2025 /PRNewswire/ -- Schlage, a leader in home security solutions for over a century, introduces Advanced Rekey™, an innovative rekeying solution that offers builders and their professional partners efficient key management and a simple way for homeowners to maintain security as their homes evolve. Debuting at the 2025 International Builders' Show (IBS) in Las Vegas, Advanced Rekey is designed for ease of use, giving users greater control over home security with a seamless, do-it-yourself feature that makes rekeying fast, convenient and co

Results showcase solid execution, margin expansion and balanced capital deployment  Quarterly Financial Highlights (All comparisons against the fourth quarter of 2023, unless otherwise noted) Net earnings per share (EPS) of $1.65, up 23.1% compared with $1.34; Adjusted EPS of $1.86, up 10.7% compared with $1.68 Revenues of $945.6 million, up 5.4% on a reported basis and up 3.5% on an organic basis Operating margin of 19.5%, compared with 17.8%; Adjusted operating margin of 22.1%, up 10 basis points compared with 22.0% Full-Year Financial Highlights (All comparisons against the full year of 2023, unless otherwise noted) EPS of $6.82, up 11.4% compared with $6.12; Adjusted EPS of $

Leading Lock Brand Rated as Most Trusted Door Lock Brand in Annual Study CARMEL, Ind., Feb. 14, 2025 /PRNewswire/ -- Schlage®, a distinguished leader in home security and access solutions for over a century, has once again been recognized as the most trusted brand in the 2025 America's Most Trusted® Door Locks & Hardware Study conducted by Lifestory Research. This is the sixth straight year that Schlage has been awarded this esteemed recognition, reinforcing its position as the top consumer choice for door locks and hardware. "It is an honor to continue receiving such outstand

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, through one of its subsidiaries, has signed a definitive agreement to acquire Lemaar Australia Pty Ltd (Lemaar), a privately held door hardware company based in Victoria, Australia. This acquisition is expected to close in the first quarter of 2025, subject to customary closing conditions. Founded in 1999, Lemaar is well-known in Australia for its high-quality security and accessibility solutions, which include door entry systems, handles and digital locks for residential and multifamily markets. Lemaar products closely align to the Allegion portfolio. Its channels and go-to-market approach also complemen

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, today announced that its board of directors declared a quarterly dividend of $0.51 per ordinary share of the company – representing a 6% increase from 2024 and the company's 11th consecutive annual dividend increase. The dividend is payable on March 31, 2025, to shareholders of record on March 14, 2025. About Allegion Allegion (NYSE:ALLE) is a global pioneer in seamless access, with leading brands like CISA®, Interflex®, LCN®, Schlage®, SimonsVoss® and Von Duprin®. Focusing on security around the door and adjacent areas, Allegion secures people and assets with a range of solutions for homes, businesse

Allegion plc (NYSE:ALLE) President and CEO John H. Stone will discuss the company's long-term strategy at the 2025 Barclays Industrial Select Conference on Thursday, Feb. 20. The conference will be held at Loews Miami Beach Hotel. A live listen-only webcast will be accessible via Allegion's investor website at investor.allegion.com or directly by clicking here. About Allegion Allegion (NYSE:ALLE) is a global pioneer in seamless access, with leading brands like CISA®, Interflex®, LCN®, Schlage®, SimonsVoss® and Von Duprin®. Focusing on security around the door and adjacent areas, Allegion secures people and assets with a range of solutions for homes, businesses, schools and institution

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, will release its 2024 fourth-quarter and full-year financial results on Tuesday, Feb. 18, before the market opens. Later that morning, John H. Stone, president and CEO, and Mike Wagnes, senior vice president and chief financial officer, will conduct a conference call for analysts and investors, beginning at 8 a.m. ET, to review the company's results. A real-time, listen-only webcast of the conference call will be broadcast live, through the company's website at https://investor.allegion.com/. The conference call may be accessed by dialing 1-877-883-0383 in the United States or 1-412-902-6506 internation

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Morgan Stanley initiated coverage of Allegion with a rating of Equal-Weight and set a new price target of $137.00

Barclays downgraded Allegion from Equal Weight to Underweight and set a new price target of $116.00 from $122.00 previously

Mizuho downgraded Allegion from Buy to Neutral and set a new price target of $141.00 from $140.00 previously

Wells Fargo downgraded Allegion from Overweight to Equal Weight and set a new price target of $140.00 from $139.00 previously

Barclays downgraded Allegion from Overweight to Equal Weight and set a new price target of $119.00 from $130.00 previously

Vertical Research downgraded Allegion from Buy to Hold and set a new price target of $100.00 from $128.00 previously

Longbow downgraded Allegion from Buy to Neutral

Vertical Research upgraded Allegion from Hold to Buy and set a new price target of $128.00

BofA Securities downgraded Allegion from Neutral to Underperform and set a new price target of $110.00

BofA Securities downgraded Allegion from Buy to Neutral and set a new price target of $110.00 from $130.00 previously

Results showcase solid execution, margin expansion and balanced capital deployment  Quarterly Financial Highlights (All comparisons against the fourth quarter of 2023, unless otherwise noted) Net earnings per share (EPS) of $1.65, up 23.1% compared with $1.34; Adjusted EPS of $1.86, up 10.7% compared with $1.68 Revenues of $945.6 million, up 5.4% on a reported basis and up 3.5% on an organic basis Operating margin of 19.5%, compared with 17.8%; Adjusted operating margin of 22.1%, up 10 basis points compared with 22.0% Full-Year Financial Highlights (All comparisons against the full year of 2023, unless otherwise noted) EPS of $6.82, up 11.4% compared with $6.12; Adjusted EPS of $

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, through one of its subsidiaries, has signed a definitive agreement to acquire Lemaar Australia Pty Ltd (Lemaar), a privately held door hardware company based in Victoria, Australia. This acquisition is expected to close in the first quarter of 2025, subject to customary closing conditions. Founded in 1999, Lemaar is well-known in Australia for its high-quality security and accessibility solutions, which include door entry systems, handles and digital locks for residential and multifamily markets. Lemaar products closely align to the Allegion portfolio. Its channels and go-to-market approach also complemen

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, today announced that its board of directors declared a quarterly dividend of $0.51 per ordinary share of the company – representing a 6% increase from 2024 and the company's 11th consecutive annual dividend increase. The dividend is payable on March 31, 2025, to shareholders of record on March 14, 2025. About Allegion Allegion (NYSE:ALLE) is a global pioneer in seamless access, with leading brands like CISA®, Interflex®, LCN®, Schlage®, SimonsVoss® and Von Duprin®. Focusing on security around the door and adjacent areas, Allegion secures people and assets with a range of solutions for homes, businesse

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, will release its 2024 fourth-quarter and full-year financial results on Tuesday, Feb. 18, before the market opens. Later that morning, John H. Stone, president and CEO, and Mike Wagnes, senior vice president and chief financial officer, will conduct a conference call for analysts and investors, beginning at 8 a.m. ET, to review the company's results. A real-time, listen-only webcast of the conference call will be broadcast live, through the company's website at https://investor.allegion.com/. The conference call may be accessed by dialing 1-877-883-0383 in the United States or 1-412-902-6506 internation

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, through one of its subsidiaries, has acquired the business and operations of privately held Next Door Company (Next Door), including its brands and other assets. Based in Miami, Florida, and founded in 1993, Next Door is a U.S. manufacturer of stainless steel and hollow metal doors, specializing in custom configurations for industrial, commercial and institutional buildings. Next Door complements Allegion's existing hollow metal doors and frames portfolio and enhances Allegion's specialty offerings. Next Door will report into the Allegion Americas segment, led by Allegion Senior Vice President Dave Ilar

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, today announced that its board of directors declared a quarterly dividend of $0.48 per ordinary share of the company. The dividend is payable on Dec. 31, 2024, to shareholders of record on Dec. 17, 2024. About Allegion Allegion (NYSE:ALLE) is a global pioneer in seamless access, with leading brands like CISA®, Interflex®, LCN®, Schlage®, SimonsVoss® and Von Duprin®. Focusing on security around the door and adjacent areas, Allegion secures people and assets with a range of solutions for homes, businesses, schools and institutions. Allegion had $3.7 billion in revenue in 2023, and its security products

Revenue growth and margin expansion mark strong third-quarter performance Quarterly Financial Highlights (All comparisons against the third quarter of 2023, unless otherwise noted) Net earnings per share (EPS) of $1.99, up 12.4% compared with $1.77; Adjusted EPS of $2.16, up 11.3% compared with $1.94 Revenues of $967.1 million, up 5.4% on a reported basis and up 3.3% on an organic basis Operating margin of 22.2%, compared with 21.0%; Adjusted operating margin of 24.2%, up 100 basis points compared with 23.2% Full-Year Outlook Highlights Affirming full-year reported revenue growth range of 2.5% to 3.5% Raising full-year adjusted EPS outlook to a range of $7.35 to $7.45 Affirm

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, through one of its subsidiaries, has acquired SOSS Door Hardware (SOSS). A leading manufacturer of premium hinges and door hardware, SOSS primarily sells its solutions in North American non-residential markets. Founded in 1903, the company invented the concealed hinge; today, it's signature SOSS Invisible Hinge as well as fire-rated, heavy-duty and other specialty hinges are popular across industrial, commercial and institutional spaces. SOSS will report into the Allegion Americas segment, led by Allegion Senior Vice President Dave Ilardi. "SOSS is a pioneer with more than a century of manufacturing high

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, will release its 2024 third-quarter financial results on Thursday, Oct. 24, before the market opens. Later that morning, John H. Stone, president and CEO, and Mike Wagnes, senior vice president and chief financial officer, will conduct a conference call for analysts and investors, beginning at 8 a.m. ET, to review the company's results. A real-time, listen-only webcast of the conference call will be broadcast live, through the company's website at https://investor.allegion.com/. The conference call may be accessed by dialing 1-877-883-0383 in the United States or 1-412-902-6506 internationally and enterin

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, today announced that its board of directors declared a quarterly dividend of $0.48 per ordinary share of the company. The dividend is payable on Sept. 30, 2024, to shareholders of record on Sept. 20, 2024. About Allegion Allegion (NYSE:ALLE) is a global pioneer in seamless access, with leading brands like CISA®, Interflex®, LCN®, Schlage®, SimonsVoss® and Von Duprin®. Focusing on security around the door and adjacent areas, Allegion secures people and assets with a range of solutions for homes, businesses, schools and institutions. Allegion had $3.7 billion in revenue in 2023, and its security product

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, has appointed Gregg Sengstack, executive chairperson of Franklin Electric Company, Inc., to the Allegion Board of Directors (Board). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241204231219/en/Gregg C. Sengstack (Photo: Business Wire) With Sengstack's appointment, Allegion has a nine-member board, including eight independent directors. Sengstack will sit on the Board's Audit and Finance Committee, Compensation and Human Capital Committee as well as its Corporate Governance and Nominating Committee. "Gregg brings a wealth of knowledge and sk

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, has appointed Stacy Cozad as senior vice president, general counsel and corporate secretary, effective Aug. 5, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240701071652/en/Stacy Cozad (Photo: Business Wire) In this role, Cozad will have responsibility for Allegion's global legal affairs, trade compliance, enterprise risk management and corporate communications functions. She will succeed Jeff Braun, who has announced plans to retire on Dec. 31, 2024, and will serve as an advisor during the transition. Cozad has nearly 30 years of exper

Allegion addresses the challenges of modern security with innovative products and services that link the world to seamless and secure access LAS VEGAS, April 9, 2024 /PRNewswire/ -- Allegion US, a leading provider of security solutions, technology and services, will be exhibiting and demonstrating new interoperable electronic access control technologies and software at the ISC West 2024 (booth # 20055), the security industry's most comprehensive and converged trade show occurring from April 9-12, 2024, at the Venetian Expo in Las Vegas. "At Allegion, we're committed to innova

Two Leaders in K-12 Space Form New Collaboration, Connecting Efforts to Help Make Schools Safer Together CARMEL, Ind., Feb. 14, 2024 /PRNewswire/ -- Allegion US, a leading security products and solutions provider, is now a Mission Partner of The "I Love U Guys" Foundation, which operates programs for schools' crisis response. Partnering with The "I Love U Guys" Foundation reflects Allegion's ongoing efforts to drive productive conversations on school security and support organizations that are advocating for safer students, every day. As a company that has a mission of pioneer

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, has acquired, through one of its wholly owned subsidiaries, Boss Door Controls. Established in 2009 and based in Livingston, Scotland, Boss Door Controls is a door solutions provider in the UK. Serving customers in the specified door hardware market, its portfolio includes door closers and levers, automatic door operators and pocket door frames. Boss Door Controls will operate as part of the Allegion International segment, led by Allegion Senior Vice President Tim Eckersley. "Bringing Boss Door Controls to Allegion both complements and expands how we go to market in the UK, bolstering our local busine

CHATTANOOGA, Tenn., Jan. 22, 2024 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ:ASTE) announced the company's board of directors (the "Board") appointed Mr. Patrick S. Shannon and Mr. Jeffrey ("Jeff") T. Jackson, new independent directors, to the Board effective as of January 18, 2024. Mr. William Bradley ("Brad") Southern, an independent director, informed the Board he will be retiring as a member of the Board effective January 18, 2024. With the election of Mr. Shannon and Mr. Jackson, and the retirement of Mr. Southern, the size of the Board increased to 11 directors, 10 of whom are independent directors. Mr. Shannon will also serve as a member of the Audit Committee of the Board a

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, has appointed Susan (Sue) L. Main, senior vice president and chief financial officer (CFO) of Teledyne Technologies Incorporated, to the company's board of directors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230912961985/en/Susan (Sue) L. Main (Photo: Business Wire) Main's professional career spans private and public companies as well as commercial, government and industrial sectors across global markets. Most recently, as CFO of publicly traded Teledyne Technologies, Main has led and developed a best-in-class finance organization that's s

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, has appointed Ellen Rubin, founder and CEO of Causely, Inc., to the company's board of directors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230417005364/en/Ellen Rubin (Photo: Business Wire) Rubin has extensive entrepreneurial and leadership experience across the information technology (IT) industry. She founded Causely – an IT operations venture – after serving as general manager of hybrid cloud services at Amazon Web Services (AWS). Previously, she founded enterprise cloud storage company ClearSky Data, Inc. and hybrid cloud computing com

Experienced Leaders Named to Support Business Growth Michael Wagnes Appointed SVP, Chief Financial Officer David Ilardi Appointed SVP, Allegion Americas Allegion plc (NYSE:ALLE), a leading global provider of security products and solutions, today announced the appointment of Michael (Mike) Wagnes, as senior vice president and chief financial officer (CFO), effective March 1, 2022. He succeeds Patrick Shannon in that role, who has announced plans to retire by Sept. 2, 2022 and will serve as an advisor during the transition. In his 15 years at Allegion (and formerly Ingersoll Rand), Wagnes has gained broad experience in finance and business leadership. He has been vice president and general

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, has appointed Lauren Peters, former executive vice president and chief financial officer (CFO) of Foot Locker, Inc., to the company's board of directors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210714005320/en/Lauren Peters (Photo: Business Wire) Through April 2021, Peters held a nearly 25-year career with Foot Locker, which included building a world-class finance organization and serving as an integral part of the executive leadership team with responsibility for financial planning and analysis, risk management and investor relations. Pet