DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, today reported financial results for its fourth quarter (ended Dec. 31, 2023). “ Allegion’s fourth quarter reflected strong execution, margin expansion and cash generation by our team,” said President and CEO John H. Stone. “ Celebrating our 10th anniversary as a standalone company in December, we are proud to have closed the year with record revenue, adjusted operating income and adjusted EPS.” ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-35971 ALLEGION PUBLIC LIMITED COMPANY (Exact name of registrant as specified in its charter) Ireland 98-1108930 (State or other jurisdic ...

Allegion plc (ALLE) is scheduled to release fourth-quarter 2023 results on Feb 20, before market open.The Zacks Consensus Estimate for the company’s fourth-quarter 2023 earnings has remained steady in the past 60 days. However, the company has an impressive earnings surprise history, having outperformed the consensus estimate in each of the preceding four quarters, the average beat being 12.9%.The consensus estimate for the company’s fourth-quarter 2023 revenues is pegged at $913 million, suggesting growth ...

Core Viewpoint - Allegion US has partnered with The "I Love U Guys" Foundation to enhance school safety through collaborative efforts and shared expertise in crisis response and security solutions [1][4]. Company Initiatives - Allegion has a long-term commitment to improving K-12 safety and security, exemplified by its new podcast "The Changing Face of School Security," which features discussions with industry experts and community leaders [2][6]. - The company emphasizes the importance of locking classroom doors from the inside, aligning with recommendations from the Sandy Hook Advisory Commission [4]. Foundation Overview - The "I Love U Guys" Foundation was established in 2006 after a tragic school shooting, and its programs, including the Standard Response Protocol (SRP) and Standard Reunification Method (SRM), are implemented in over 50,000 educational institutions globally [3][10]. - The foundation aims to foster safety, preparedness, and reunification in schools, supported by a network of survivors, first responders, and community members [9]. Collaborative Efforts - Allegion's partnership with The "I Love U Guys" Foundation goes beyond mere sponsorship, focusing on leveraging relationships and expertise to create safer school environments [4][5]. - The collaboration aims to develop comprehensive safety solutions through authentic cooperation among various stakeholders, including non-profits, security manufacturers, and educators [5]. Historical Context - Allegion has a century-long legacy in securing educational facilities, with brands like Schlage and Von Duprin dedicated to providing security solutions based on best practices and credible sources [5][8].

DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE) President and CEO John H. Stone will discuss the company’s long-term strategy at the 2024 Barclays Industrial Select Conference on Thursday, Feb. 22. The conference will be held at Loews Miami Beach Hotel. 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® ...

Investors interested in stocks from the Security and Safety Services sector have probably already heard of Brady (BRC) and Allegion (ALLE) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Sc ...

DUBLIN--(BUSINESS WIRE)--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 – representing a 7% increase from 2023. “ This is Allegion’s 10th consecutive annual dividend increase, highlighting our board’s continued confidence in our company’s cash flow generation, business strategy and performance,” said Allegion President and CEO John H. Stone. The divide ...

DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, will release its 2023 fourth-quarter and full-year financial results on Tuesday, Feb. 20, 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 confer ...

Allegion plc (ALLE) has been benefiting from its solid operational performance owing to strength across its end markets despite softness in the Allegion Americas segment, increasing costs and forex woes.Let’s discuss the factors that should cause investors to retain the stock for the time being.Growth CatalystsBusiness Strength: Strength in electronics and software solutions end markets are supporting the Allegion International segment. The segment’s revenues increased 3% in the third quarter of 2023. Also, ...

Core Insights - Brady (BRC) is currently rated 2 (Buy) by Zacks Rank, indicating a positive earnings outlook, while Allegion (ALLE) is rated 3 (Hold) [1] - BRC has a forward P/E ratio of 14.97, compared to ALLE's forward P/E of 17.97, suggesting BRC is more undervalued [2] - BRC's PEG ratio is 2.14, while ALLE's PEG ratio is 3.50, indicating BRC has a better valuation relative to its expected earnings growth [2] - BRC's P/B ratio is 2.91, significantly lower than ALLE's P/B of 8.71, further supporting BRC's superior valuation metrics [3] - Overall, BRC holds a Value grade of B, while ALLE has a Value grade of C, making BRC the more attractive option for value investors [3]