DUBLIN--(BUSINESS WIRE)--Mike Wagnes, the Senior Vice President and Chief Financial Officer of Allegion plc (NYSE: ALLE), will talk about the company's long-term plans at the 2025 Bank of America Global Industrials Conference on Wednesday, March 19. This event will take place at The Landmark Hotel in London. People can listen to the live webcast on Allegion's investor website at investor.allegion.com or by clicking a provided link.
This is a comparison of how Allegion (ALLE) and DNOW (DNOW) have done in relation to their industry this year.
This Industry Outlook article has featured Allegion, Life360, Alarm.com, and Cadre.
America's most trusted lock brand has launched a new rekeying feature that enhances home security for users. Schlage, a leader in home security for over 100 years, has introduced Advanced Rekey™, which simplifies key management for builders and homeowners. This innovative solution, showcased at the 2025 International Builders' Show in Las Vegas, allows users to easily rekey their locks, making the process quick, convenient, and affordable.
The Zacks Security and Safety Services sector has been benefiting from an increasing awareness of safety and security among the public. Some key stocks in this industry include ALLE, LIF, ALRM, and CDRE.
Allegion (ALLE) reported quarterly earnings of $1.86 per share, which is higher than the Zacks Consensus Estimate of $1.74 per share. This is an increase compared to earnings of $1.68 per share from the same period last year.
DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE), a top global provider of security products and solutions, has announced its financial results for the fourth quarter that ended on December 31, 2024. Allegion's President and CEO, John H. Stone, stated that 2024 was a record year for the company, characterized by strong performance, improved profit margins, and effective use of capital. These achievements reflect the dedication of their skilled team, along with their distribution and channel partners.
Allegion, a U.S. company that offers security products for homes and businesses around the world, is now valued at $11 billion. Since its separation from its parent company, Allegion has consistently increased its revenue, profits, and dividends. The company has raised its dividend for 11 years in a row, with a growth rate of 19.6% over the past decade.
Schlage®, a well-known name in home security for over 100 years, has been named the most trusted door lock brand in the 2025 America's Most Trusted® Door Locks & Hardware Study by Lifestory Research. This recognition highlights Schlage's commitment to providing reliable security solutions. The study was released on February 14, 2025, in Carmel, Indiana.
DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE), a top global provider of security products and solutions, has reached a final agreement to buy Lemaar Australia Pty Ltd, a private door hardware company located in Victoria, Australia. The deal is anticipated to be finalized in the first quarter of 2025, pending standard closing requirements. Established in 1999, Lemaar is recognized in Australia for its excellent security and accessibility products.