ALLE Stock Recent News

Allegion's (ALLE) acquisition of Unicel Architectural is expected to strengthen its product offerings and boost its non-residential business.

DUBLIN--(BUSINESS WIRE)--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.

Allegion (ALLE) acquires Krieger, which will enable it to strengthen its product offerings and boost its Allegion Americas segment.

DUBLIN--(BUSINESS WIRE)--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.

Allegion's (ALLE) Schlage XE360 series wireless locks work within No-Tour or offline access control systems.

Mississauga, Ontario--(Newsfile Corp. - May 29, 2024) - Allegion (NYSE: ALLE), a leading security products and solutions provider, has introduced the Schlage® XE360™ Series Wireless Locks, a new electronic lock portfolio designed with multifamily market needs - like style and technology - in mind, at an attractive price point. The XE360 Series is the next generation of innovative electronic locks from Schlage, outfitted with the options and features most looked for by multifamily properties and made to fit the needs of a wide range of common area openings.

Allegion (ALLE) benefits from strength in the Allegion International segment and accretive acquisitions. Its measures to reward its shareholders are encouraging.

Allegion's topline is expected to grow due to strong demand in the institutional end market and new projects. The company's margin is expected to benefit from volume growth, strong pricing, and operational execution. ALLE's stock is currently trading at a discount, making it a good buy with good long-term prospects.

DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE) Senior Vice President and Chief Financial Officer Mike Wagnes will discuss the company's long-term strategy at the 2024 KeyBanc Capital Markets Industrials & Basic Materials Conference on Wednesday, May 29. The conference will be held at the InterContinental Hotel in Boston. About Allegion Allegion (NYSE: ALLE) is a global pioneer in seamless access, with leading brands like CISA®, Interflex®, LCN®, Schlage®, SimonsVoss® and Von Duprin®. Fo.

DUBLIN--(BUSINESS WIRE)--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.