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].

Core Insights - SuperCom has secured a new electronic monitoring service provider contract in Missouri, marking its first contract in the state and its 13th U.S. state entry since mid-2024 [1][4] - The company continues to replace long-time incumbent providers with its PureSecurity platform, demonstrating its competitive edge in the market [1][3] Company Expansion - The Missouri contract involves transitioning existing GPS tracking infrastructure to SuperCom's proprietary technology, following a competitive evaluation by the Missouri provider [2][3] - SuperCom has signed 15 service provider contracts and entered 13 new states since mid-2024, indicating a successful expansion strategy [4] Financial Performance - The company reported a record net income of $6 million and an EBITDA margin exceeding 35% for the first nine months of 2025, showcasing its operational and financial strength [4]