Allegion Plc Stock Price, News & Analysis

Allegion (ALLE) has launched the Outdoor Defense (OUT) option for its Von Duprin 98/99 exit devices, marking the company's first product specifically engineered for outdoor applications. This innovation is designed to protect device functionality against moisture, temperature variations, and corrosion in exterior settings.

The OUT option is available for the 98/99 Series rim and surface vertical rod exit devices, compatible with both mechanical devices and electronic components including switches, latch retraction, delayed/controlled egress, and alarm kits. The product is specifically designed for outdoor applications such as courtyards, perimeter security, rooftops, and patios.

Allegion (NYSE: ALLE) reported strong Q1-2025 financial results with net earnings per share of $1.71, up 21.3% YoY. Revenues reached $941.9 million, increasing 5.4% on a reported basis and 4.0% organically.

The company demonstrated solid margin expansion with operating margin at 20.9% and adjusted operating margin of 22.7%, up 150 basis points. The Americas segment showed notable performance with revenues up 6.8%, driven by high-single-digit growth in non-residential business, while residential declined mid-single digits.

During Q1, Allegion acquired Next Door Company and Lemaar, expanding its core business. The company maintains its 2025 outlook with expected revenue growth of 1-3% reported and 1.5-3.5% organic. Full-year 2025 EPS is projected at $7.05-$7.25, or $7.65-$7.85 adjusted.

Allegion (NYSE: ALLE) has announced it will release its 2025 first-quarter financial results on Thursday, April 24, before market opening. The company will host a conference call and webcast at 8 a.m. ET the same day, featuring President and CEO John H. Stone and CFO Mike Wagnes, who will review the results with analysts and investors.

Interested parties can access the live webcast through Allegion's investor relations website. The conference call can be joined by dialing 1-877-883-0383 (US) or 1-412-902-6506 (international) with Conference ID 7443962. Participants are advised to dial in at least 10 minutes before the call starts. A replay will be available on the company's website after the event.

Allegion (NYSE: ALLE), a global security products and solutions provider, has announced a quarterly dividend declaration. The company's board of directors has approved a dividend payment of $0.51 per ordinary share. The dividend will be distributed to shareholders of record as of June 13, 2025, with the payment scheduled for June 30, 2025.

Allegion (NYSE: ALLE) has acquired Trimco Hardware, a leading North American manufacturer of high-performance and custom-designed door hardware. Trimco, based in Oceanside, California, brings 75 years of experience in producing unique and patented solutions for commercial and institutional markets.

The acquisition enhances Allegion's Americas portfolio with Trimco's premium offerings, including architectural pulls, sliding door hardware, mechanical locks, latches and strikes. Trimco is notable for its Healthy Hardware™ line designed for healthcare, education and restaurant environments, and Identity Hardware™ for branded doorway applications.

Trimco will be integrated into the Allegion Americas segment under Senior Vice President Dave Ilardi. Jason Bennett, Trimco's owner, will join Allegion as general manager to support the transition and growth initiatives. Financial terms of the transaction were not disclosed.

Allegion US is showcasing new interoperable electronic access control technologies at ISC West 2025 (March 31-April 4) in Las Vegas. The company is highlighting several innovative solutions including:

• Schlage Mobile Credentials - First to support NFC credentials on Wear OS smartwatches alongside Apple devices
• New Latch Retraction Mortise Solutions - Six L Series mortise functions with quiet motor-driven operation
• Zentra - A unified access system for multifamily properties
• XE360 Series - Next-generation wireless electronic locks for common areas

Through the Allegion Alliance Network and partnerships with organizations like CSA and FiRA consortium, the company aims to provide customers with broader product choices and seamless access experiences.

Allegion (NYSE: ALLE), a global security products provider, has been awarded the 2025 Gallup Exceptional Workplace Award (GEWA) for the second consecutive year, recognizing its exceptional employee engagement practices.

The award acknowledges organizations that excel by enabling employees to focus on their strengths. Gallup's extensive workplace study, involving 3.3 million employees across 347 organizations in 53 industries and 90 countries, found that Allegion's emphasis on strengths-based culture and innovative employee development set new standards for workplace excellence.

According to Jen Hawes, Allegion's SVP and Chief HR Officer, the company's strengths-based culture of engagement is fundamental to their success. John H. Stone, Allegion's President and CEO, highlighted that their highly engaged workforce serves as a key differentiator in delivering exceptional customer results.

Allegion (NYSE: ALLE), a global security products and solutions provider, has announced its upcoming 2025 Investor & Analyst Day scheduled for Tuesday, May 6 in New York City.

The event will feature President and CEO John H. Stone, alongside Senior Vice President and CFO Mike Wagnes and other executive leadership team members, who will present the company's long-term strategy and future vision.

A real-time, listen-only webcast will be available through Allegion's investor website at investor.allegion.com. Those unable to attend can access a replay of the event by Thursday, May 8.

Allegion (NYSE: ALLE) has announced its participation in the upcoming 2025 Bank of America Global Industrials Conference. The event will take place on Wednesday, March 19 at The Landmark Hotel in London. Mike Wagnes, Senior Vice President and Chief Financial Officer, will present the company's long-term strategy during the conference.

Investors and interested parties can access a live listen-only webcast of the presentation through Allegion's investor website at investor.allegion.com.