Allegion downgraded by Vertical Research with a new price target
$ALLE
Diversified Commercial Services
Consumer Discretionary
Vertical Research downgraded Allegion from Buy to Hold and set a new price target of $100.00 from $128.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/6/2025 | $137.00 | Equal-Weight | Morgan Stanley |
| 6/4/2024 | $122.00 → $116.00 | Equal Weight → Underweight | Barclays |
| 2/23/2024 | $140.00 → $141.00 | Buy → Neutral | Mizuho |
| 2/21/2024 | $139.00 → $140.00 | Overweight → Equal Weight | Wells Fargo |
| 12/4/2023 | $130.00 → $119.00 | Overweight → Equal Weight | Barclays |
| 10/19/2023 | $128.00 → $100.00 | Buy → Hold | Vertical Research |
| 9/6/2023 | Buy → Neutral | Longbow | |
| 1/3/2023 | $128.00 | Hold → Buy | Vertical Research |
4 - Allegion plc (0001579241) (Issuer)
4 - Allegion plc (0001579241) (Issuer)
4 - Allegion plc (0001579241) (Issuer)
8-K - Allegion plc (0001579241) (Filer)
8-K - Allegion plc (0001579241) (Filer)
10-Q - Allegion plc (0001579241) (Filer)
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
4 - Allegion plc (0001579241) (Issuer)
4 - Allegion plc (0001579241) (Issuer)
3 - Allegion plc (0001579241) (Issuer)
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
SC 13G/A - Allegion plc (0001579241) (Subject)
SC 13G/A - Allegion plc (0001579241) (Subject)
SC 13G - Allegion plc (0001579241) (Subject)
Offering unmatched convenience and security, America's Most Trusted lock brand1 expands its portfolio, redefining home access for a safer, smarter tomorrow LAS VEGAS, Jan. 6, 2025 /PRNewswire/ -- Schlage, a trusted leader in home security and access solutions for over a century, today announced its latest breakthroughs in smart lock technology at the 2025 Consumer Electronics Show (CES): the Schlage Sense Pro™ Smart Deadbolt and the Schlage Arrive™ Smart WiFi Deadbolt. Set to transform home access with its cutting-edge innovation, the Schlage Sense Pro™ Smart Deadbolt, which w
All residents at 606 West 42nd Street, a multi-family housing location in New York City, are able to access the building, their units, and amenities with a simple tap of an iPhone or Apple Watch NEW YORK, Dec. 18, 2024 /PRNewswire/ -- Silverstein Properties, a leading real estate development, investment, and management firm, and its partners SwiftConnect, Allegion, and Kastle, today announced they are live with resident keys in Apple Wallet for all apartment units at a multi-family housing location: Silverstein's Silver Towers residential property at 606 West 42nd Street in New York City. Silverstein's residential tenants now have an easy and secure way to add a resident key to Apple Wallet
In the news release, Allegion is the First Security Solutions Provider to Support Mobile Credentials on Wear OS by Google Smartwatches, issued 06-Dec-2024 by Allegion US over PR Newswire, we are advised by the company that the second paragraph, first sentence, has been updated to reflect the correct the spelling of "Olivia Renaud". The complete, corrected release follows: Allegion is the First Security Solutions Provider to Support Mobile Credentials on Wear OS by Google Smartwatches New enhancements to Allegion's groundbreaking credential technology provides seamless access for Schlage mobile credentials like student IDs and employee badges in Google Wallet on Wear OS smartwatches CARMEL
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