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

Strong execution drives second-quarter performance; Company raises full-year outlook Quarterly Financial Highlights (All comparisons against the second quarter of 2023, unless otherwise noted) Net earnings per share (EPS) of $1.77, up 9.9% compared with $1.61; Adjusted EPS of $1.96, up 11.4% compared with $1.76 Revenues of $965.6 million, up 5.8% on a reported basis and up 5.2% on an organic basis Operating margin of 21.6%, compared with 20.2%; Adjusted operating margin of 23.7%, up 150 basis points compared with 22.2% Full-Year Outlook Highlights Raising full-year reported revenue growth to a range of 2.5% to 3.5% Raising full-year adjusted EPS outlook to a range of $

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, will release its 2024 second-quarter financial results on Wednesday, July 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 ent

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, through one of its subsidiaries, has acquired Unicel Architectural Corp. (Unicel Architectural). Based in Quebec, Canada, Unicel Architectural is a leading North American manufacturer of advanced glass, timber and aluminum building solutions that support privacy, safety, energy efficiency and sustainability. The Unicel Architectural portfolio is primarily sold across Canada and the U.S. and installed in healthcare, education, government and other non-residential facilities. Unicel Architectural will operate as part of the Allegion Americas segment, led by Allegion Senior Vice President Dave Ilardi. "U

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, through one of its subsidiaries, has acquired Krieger Specialty Products LLC ("Krieger"). Based in the Los Angeles, California, area, Krieger is a leading U.S. manufacturer of high-performance special purpose doors and windows for industrial, commercial and institutional markets. Krieger's solutions include security, radio frequency, acoustical, forced entry, bullet, blast and thermal applications, and they're installed in a wide range of facilities ranging from data centers, hospitals, power plants and government offices to broadcasting stations, theaters, museums and banks. Krieger will operate as par

Allegion plc (NYSE:ALLE) ("Allegion" or the "company"), a leading global security products and solutions provider, today announced that it priced its offering by its subsidiary, Allegion US Holding Company Inc. ("Allegion US Holding"), of $400 million aggregate principal amount of 5.600% SEC-registered senior unsecured notes due 2034 (the "notes"). The offering is expected to close on May 29, 2024, subject to the satisfaction of customary closing conditions. The notes will be guaranteed upon their issuance by Allegion. The company expects to use the net proceeds from the offering to repay, at maturity, its $400 million outstanding aggregate principal amount of its 3.200% senior notes, w

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

8-K - Allegion plc (0001579241) (Filer)

8-K - Allegion plc (0001579241) (Filer)

10-Q - Allegion plc (0001579241) (Filer)

10-Q - Allegion plc (0001579241) (Filer)

8-K - Allegion plc (0001579241) (Filer)

8-K - Allegion plc (0001579241) (Filer)

SD - Allegion plc (0001579241) (Filer)

CERT - Allegion plc (0001579241) (Filer)

8-K - Allegion plc (0001579241) (Filer)

FWP - 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

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, Ind., Dec. 6, 2024 /PRNewswire/ -- Allegion US, a leader in security products and solutions, is the first to support mobile credentials in Google Wallet™ on Wear OS smartwatches. Available starting December 9, 2024, for all Schlage® mobile credentials currently offered in Google Wallet on Android™ such as student IDs and employee badges, the solution equips Wear OS smartwatch users with convenience, enhanced security and seamless access.

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

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 reappointed Jeff Braun as senior vice president, general counsel and corporate secretary. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241112320209/en/Jeff Braun (Photo: Business Wire) This role was most recently held by Stacy Cozad, who has left the company. Braun previously served as general counsel at Allegion for more than 10 years. His experience additionally spans work at Ingersoll Rand, General Motors and a private law firm. Braun earned his juris doctor degree magna cum laude from Harvard University Law School. About Allegion

Allegion plc (NYSE:ALLE) President and CEO John H. Stone as well as Senior Vice President and Chief Financial Officer Mike Wagnes will discuss the company's long-term strategy at the 2024 Baird Global Industrial Conference on Wednesday, Nov. 13. The conference will be held at The Ritz-Carlton Chicago. 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 wit

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, 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