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Schlage Named America's Most Trusted® Lock Brand for Seventh Consecutive Year
Prnewswire· 2026-01-20 14:41
Annual Study Rates Leading Lock Brand Most Trusted Door Lock Brand Seventh Consecutive Year CARMEL, Ind., Jan. 20, 2026 /PRNewswire/ -- Schlage®, a pioneer in home security and access solutions for over 100 years, has been recognized as the most trusted door lockset and hardware brand in the 2026 America's Most Trusted® Door Locks & Hardware Study conducted by Lifestory Research. This year marks the seventh consecutive year that Schlage has been awarded this distinguished recognition, solidifying its positi ...
Allegion Earnings Preview: What to Expect
Yahoo Finance· 2026-01-16 12:07
Valued at a market cap of $13.9 billion, Allegion plc (ALLE) is a global provider of security and access solutions that designs and manufactures mechanical and electronic locks, door hardware, and access control systems for residential, commercial, and institutional markets. Headquartered in Dublin with major operations in the U.S., the company operates across more than 130 countries through its Americas and International segments, supported by well-known brands such as Schlage, Von Duprin, and CISA. The ...
Allegion Stock: Is ALLE Outperforming the Industrial Sector?
Yahoo Finance· 2025-12-16 10:22
Core Viewpoint - Allegion plc is a significant player in the global security products market, specializing in access control systems, with a market capitalization of $13.8 billion and a diverse portfolio of well-known brands [1][2]. Group 1: Company Overview - Allegion is categorized as a large-cap stock, reflecting its substantial influence in the security and safety industry [2]. - The company serves commercial, institutional, and residential markets, with a strong presence in North America and expanding international operations [2]. Group 2: Stock Performance - Allegion reached a 52-week high of $180.68 on October 21, but has since seen a decline, trading approximately 9.8% below that peak [3]. - Over the past three months, Allegion's stock has decreased by 7.5%, underperforming the Industrial Select Sector SPDR Fund's (XLI) gain of 3.1% during the same period [3]. - Year-to-date, Allegion has delivered strong gains of 24.8% and 17.5% over the past 52 weeks, outperforming XLI's 19.2% rise in 2025 and 14.2% return over the past year [4]. Group 3: Financial Performance - In the third quarter, Allegion reported revenue of $1.07 billion, reflecting a year-over-year increase of 10.7%, with 5.9% organic growth [5]. - Adjusted EPS for the quarter increased by 6.5% to $2.30, indicating healthy profitability [5]. - The Americas region drove strong performance, and recent acquisitions contributed to international growth [5].
Allegion Declares Quarterly Dividend
Businesswire· 2025-12-04 12:30
Group 1 - Allegion plc announced a quarterly dividend of $0.51 per ordinary share, payable on December 31, 2025, to shareholders of record on December 16, 2025 [1] - Allegion is a leading global provider of security products and solutions, focusing on innovative security and access solutions [2] - The company reported revenue of $3.8 billion in 2024, indicating a strong market presence [2] Group 2 - Allegion's product portfolio includes residential and commercial locks, door closers, exit devices, steel doors and frames, access control, and workforce productivity systems [2] - The company operates under well-known brands such as CISA®, Interflex®, LCN®, Schlage®, SimonsVoss®, and Von Duprin® [2]
Allegion Unveils Self-Adjusting Enhancement to its LCN Senior Swing Series of Auto Operators
Prnewswire· 2025-11-18 15:00
Core Insights - Allegion US has announced enhancements to the LCN 2800IQ and 9500IQ Senior Swing series operators, featuring the new AdaptivIQ technology which allows for self-adjusting capabilities to improve performance in various environmental conditions [1][2][3] Product Features - The LCN Senior Swing is designed for durability and efficiency, providing consistent operation in high-traffic areas such as healthcare and offices, with reduced maintenance needs [2][3] - The combination of AdaptivIQ and Smart Power Boost technologies enables real-time adjustments to external factors like wind and HVAC pressure, enhancing user experience and safety [3] - The new control box includes 23 customizable user settings, an intuitive LCD screen, self-calibration, and real-time diagnostics, making it user-friendly for both installers and end-users [3][4] Customer Benefits - Existing customers can upgrade their current Senior Swing operators with new motor gearboxes and control boxes to access the latest features [4] - The enhancements aim to exceed customer expectations by providing customizable and reliable operation throughout the year [4] Industry Context - Allegion is recognized as a leader in security solutions, with a diverse portfolio that includes various brands and products aimed at enhancing safety and access control [6]
Schlage's Pin & Tumbler™ Studio Unveils the Refined Finishes Collection: A Celebration of Quiet Elegance and Modern Craftsmanship
Prnewswire· 2025-11-17 14:02
Core Insights - Schlage has launched the Refined Finishes Collection, featuring three new finishes designed to enhance interior spaces with understated elegance [1][2][3] Product Details - The collection includes three finishes: Matte White, Forest Shadow, and Golden Bronze, each crafted to complement Schlage's modern design forms [3][8] - The finishes are designed to provide a smooth, understated aesthetic that integrates seamlessly with various interior styles [2][4] Functionality and Installation - The Refined Finishes Collection offers versatile functionality, allowing for both non-locking and locking options, making it suitable for different types of doors [4] - Installation is designed to be quick and straightforward, enabling homeowners to upgrade their spaces without professional tools [4] Brand Recognition - Schlage has been recognized as America's Most Trusted Door Lockset Brand according to a study by Lifestory Research, highlighting the brand's strong reputation in the market [7]
Allegion Announces Expanded Wallet-Based Access Control Solutions with Zentra and Gatewise at OPTECH 2025
Prnewswire· 2025-11-13 17:01
Core Insights - Allegion US, along with its brands Zentra and Gatewise, is showcasing new wallet-based access control solutions at OPTECH 2025, enhancing security and convenience for multifamily properties [1][2] - The integration of Apple and Google Wallet with Schlage XE360 smart locks allows residents to access gates and amenities effortlessly using their smartphones or smartwatches [2][6] - The new technology aims to provide seamless entry even on low battery devices, ensuring reliability and preventing lockouts [6] Company Developments - Allegion's acquisition of Gatewise enhances its strategy to unify perimeter and in-unit access for multifamily properties, promoting operational excellence [2] - Zentra is recognized as the first provider to integrate resident key functionality into Google Wallet, setting a new standard in mobile access [1][8] Event Highlights - OPTECH 2025 will feature live demonstrations of the new access control solutions at booths 123 and 127, taking place from November 17-19 at MGM Grand, Las Vegas [1] - Attendees are invited to a networking event featuring industry leaders and access control innovations on the evening of November 17 [3] Promotional Activities - OPTECH attendees can enter a sweepstakes for a chance to win an Access Control Overhaul prize package valued at $20,000, aimed at modernizing security for multifamily properties [4]
Allegion plc (ALLE) Presents at Baird 55th Annual Global Industrial Conference Transcript
Seeking Alpha· 2025-11-12 23:01
Core Insights - Allegion is recognized as one of the largest manufacturers of mechanical and electromechanical locks and security products globally [1] Company Overview - The presentation features key executives from Allegion, including President and CEO John Stone, CFO Mike Wagnes, and VP of Investor Relations Josh Pokrzywinski [2]
Allegion (NYSE:ALLE) FY Conference Transcript
2025-11-12 21:55
Allegion Conference Call Summary Company Overview - Allegion is a leading manufacturer of mechanical and electromechanical locks and security products, with a revenue of approximately $3.8 billion in 2024, primarily split 80% Americas and 20% international [2][3] Key Market Segments - The largest segment for Allegion is non-residential in the Americas, which includes institutional verticals such as healthcare and education, as well as commercial verticals like office and retail [3] - Residential business, primarily through the Schlage brand, accounts for about 20%-25% of the Americas business [3] Growth Strategy - Allegion's top growth priority is investment for organic growth, with operating margins expanded by over 200 basis points since 2022 while increasing R&D spending from 2.5% to over 3% of sales [7][8] - The company has completed 14 bolt-on acquisitions in the last two years, focusing on strategic fit and quick integration into existing business units [9][10] Market Conditions - Post-COVID, non-residential markets have shown resilience and continued growth, while residential markets have been flat to declining [12][13] - Institutional markets have experienced stable growth, with expectations of mid-single-digit growth [15][16] Specification Writing Advantage - Allegion has a competitive advantage in specification writing, which is crucial for securing contracts in construction projects [20][21] - The company invests in training and software tools to enhance its specification capabilities, leveraging AI for efficiency [22][25] Technology and Innovation - Allegion is actively investing in AI for spec writing and manufacturing processes, as well as partnerships with major tech companies like Apple and Google for electronic lock integration [29][30] - The company has introduced connected locks that improve installation efficiency and are expected to drive future growth [31][32] M&A Strategy - Allegion's M&A strategy focuses on acquiring companies that fit within its existing business units, generate accretive shareholder returns, and maintain cultural alignment [39][40] - The company prioritizes acquisitions in familiar geographies (Western Europe, North America, Australia, New Zealand) and seeks to maintain its margin discipline [41] Conclusion - Allegion is positioned for continued growth through strategic investments in R&D, technology, and acquisitions, while navigating a mixed market landscape post-COVID. The company's strong focus on specification writing and innovation in electronic locks further enhances its competitive edge in the security industry [10][12][30]
Technical Glass Products Continues Sustainability Efforts with Latest EPD
Prnewswire· 2025-11-11 19:30
Core Insights - FireLite, a fire-rated glazing material from Technical Glass Products (TGP), is now registered with an Environmental Product Declaration (EPD), enhancing transparency regarding its environmental impact and supporting green building initiatives [1][3][4] Group 1: Environmental Impact and Certification - The EPD provides third-party verified environmental data from raw material procurement to shipment, based on Life Cycle Assessment (LCA) results [1][3] - FireLite's EPD can help projects acquire credits toward Leadership in Energy and Environmental Design (LEED) certification, contributing to environmentally safe and sustainable structures [3][4] - The EPD allows FireLite to meet code-driven standards for fire and life safety while also earning credits toward LEED certification [3][4] Group 2: Product Features and Industry Commitment - FireLite combines fire-protective performance with aesthetic appeal, now substantiated by its environmental impact, thus widening sustainable glazing options for the construction industry [4][5] - TGP is committed to sustainability, pursuing EPDs, Declare Labels, and Health Product Declarations (HPD) to enhance contributions toward green building initiatives [5] - FireLite can be used alongside other non-rated TGP glazing systems to contribute to various LEED v5 prerequisites and points in categories such as Environmental Quality and Energy & Atmosphere [4][5]