America's Most Trusted Lock brand1 offers new, limited-release collection of innovative, design-forward door hardware solutions   CARMEL, Ind., June 16, 2025 /PRNewswire/ -- Schlage, a trusted leader in door hardware for over a century, is proud to introduce its new design and innovation studio, Pin & Tumbler™ A Studio by Schlage. Offering exclusive, limited-release solutions direct to consumers through Schlage.com and driving thought leadership collaborations, the studio will accelerate innovation in residential access solutions with a focus on style, technology, ease and convenience.

Expands Allegion's global electronics portfolio in high-growth, attractive end markets €330 million purchase price on a cash-free, debt-free basis; Implies 2026E adjusted EBITDA multiple of approximately 18x Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, through one of its subsidiaries, has signed a definitive agreement to acquire ELATEC, including Elatec GmbH and other group entities, ("ELATEC") from Summit Partners for €330 million on a cash-free, debt-free basis. Allegion expects to fund the acquisition through a combination of cash on hand and borrowings under its existing revolving credit facility. ELATEC is a leading manufacturer of secur

A cutting-edge technology integration designed to streamline multifamily property access and security management CARMEL, Ind., June 9, 2025 /PRNewswire/ -- Allegion US, a leading provider of security solutions, technology and services, will showcase the seamless integration of Schlage XE360™ electronic locks with Zentra, a game-changing access control solution for property managers and facility executives, at Apartmentalize. Built on Allegion's legacy of security excellence, Zentra offers a user-friendly experience based on insights from property managers and maintenance staff

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, through one of its subsidiaries, has acquired Nova Hardware Pty Ltd (Novas), an architectural door hardware business based in Victoria, Australia. Founded in 1996, Novas is a trusted brand among developers, architects and builders. Known for its high-quality security portfolio, Novas designs and sells mechanical and electronic locks, door closers and seals, hinges, pulls and levers as well as master keying solutions, primarily in Australian multifamily and commercial markets. Novas is strategically aligned to Allegion's presence in the region, and this acquisition offers both companies expanded opportunit

Von Duprin's first offering engineered to protect internal components on outdoor applications CARMEL, Ind., May 28, 2025 /PRNewswire/ -- Allegion US, a leading provider of security solutions, technology and services, has introduced the Outdoor Defense (OUT) option for 98/99 exit devices, the first Von Duprin product designed to protect device functionality in outdoor conditions, providing the reliability, quality and function expected from Von Duprin. "As the demand for reliable security solutions in outdoor environments continues to grow, we're excited to introduce the Outdo

Solid execution drives strong margin expansion and operating leverage  Quarterly Financial Highlights (All comparisons against the first quarter of 2024, unless otherwise noted) Net earnings per share (EPS) of $1.71, up 21.3% compared with $1.41; Adjusted EPS of $1.86, up 20.0% compared with $1.55 Revenues of $941.9 million, up 5.4% on a reported basis and up 4.0% on an organic basis Operating margin of 20.9%, compared with 19.3%; Adjusted operating margin of 22.7%, up 150 basis points compared with 21.2% Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, today reported financial results for its first quarter (ended March 31, 2025). "Allegion is o

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, will release its 2025 first-quarter financial results on Thursday, April 24, 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 conference call will be broadcast live, through the company's website at https://investor.allegion.com/. The conference call may be accessed by dialing 1-877-883-0383 in the United States or 1-412-902-6506 internationally and enteri

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, today announced that its board of directors declared a quarterly dividend of $0.51 per ordinary share of the company. The dividend is payable on June 30, 2025, to shareholders of record on June 13, 2025. About Allegion At Allegion (NYSE:ALLE), we design and manufacture innovative security and access solutions that help keep people safe where they live, learn, work and connect. We're pioneering safety with our strong legacy of leading brands like CISA®, Interflex®, LCN®, Schlage®, SimonsVoss® and Von Duprin®. Our comprehensive portfolio of hardware, software and electronic solutions is sold around the wor

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, through its subsidiaries, has acquired privately held Trimco Hardware (Trimco), including its brands and other assets. Trimco is a leading North American manufacturer of high-performance and custom-designed door hardware primarily sold in the U.S. for commercial and institutional markets. The company, which is based in Oceanside, California, has a 75-year history of producing unique and patented solutions that range from architectural pulls and sliding door hardware to mechanical locks, latches and strikes. Trimco is known for designing Healthy Hardware™ with healthcare, education and restaurant environmen

Allegion addresses the challenges of modern security with innovative products and services that link the world to seamless and secure access LAS VEGAS, March 31, 2025 /PRNewswire/ -- Allegion US, a leading provider of security solutions, technology and services, will be exhibiting and demonstrating new interoperable electronic access control technologies and software at ISC West 2025 (booth #25053), the security industry's most comprehensive and converged trade show occurring from March 31-April 4, 2025, at the Venetian Expo in Las Vegas. "At Allegion, interoperability is key

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Analyst initiated coverage of Allegion with a rating of Overweight and set a new price target of $170.00

Morgan Stanley initiated coverage of Allegion with a rating of Equal-Weight and set a new price target of $137.00

Barclays downgraded Allegion from Equal Weight to Underweight and set a new price target of $116.00 from $122.00 previously

Mizuho downgraded Allegion from Buy to Neutral and set a new price target of $141.00 from $140.00 previously

Wells Fargo downgraded Allegion from Overweight to Equal Weight and set a new price target of $140.00 from $139.00 previously

Barclays downgraded Allegion from Overweight to Equal Weight and set a new price target of $119.00 from $130.00 previously

Vertical Research downgraded Allegion from Buy to Hold and set a new price target of $100.00 from $128.00 previously

Longbow downgraded Allegion from Buy to Neutral

Vertical Research upgraded Allegion from Hold to Buy and set a new price target of $128.00

BofA Securities downgraded Allegion from Neutral to Underperform and set a new price target of $110.00

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, has appointed Gregg Sengstack, executive chairperson of Franklin Electric Company, Inc., to the Allegion Board of Directors (Board). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241204231219/en/Gregg C. Sengstack (Photo: Business Wire) With Sengstack's appointment, Allegion has a nine-member board, including eight independent directors. Sengstack will sit on the Board's Audit and Finance Committee, Compensation and Human Capital Committee as well as its Corporate Governance and Nominating Committee. "Gregg brings a wealth of knowledge and sk

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, has appointed Stacy Cozad as senior vice president, general counsel and corporate secretary, effective Aug. 5, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240701071652/en/Stacy Cozad (Photo: Business Wire) In this role, Cozad will have responsibility for Allegion's global legal affairs, trade compliance, enterprise risk management and corporate communications functions. She will succeed Jeff Braun, who has announced plans to retire on Dec. 31, 2024, and will serve as an advisor during the transition. Cozad has nearly 30 years of exper

Allegion addresses the challenges of modern security with innovative products and services that link the world to seamless and secure access LAS VEGAS, April 9, 2024 /PRNewswire/ -- Allegion US, a leading provider of security solutions, technology and services, will be exhibiting and demonstrating new interoperable electronic access control technologies and software at the ISC West 2024 (booth # 20055), the security industry's most comprehensive and converged trade show occurring from April 9-12, 2024, at the Venetian Expo in Las Vegas. "At Allegion, we're committed to innova

Two Leaders in K-12 Space Form New Collaboration, Connecting Efforts to Help Make Schools Safer Together CARMEL, Ind., Feb. 14, 2024 /PRNewswire/ -- Allegion US, a leading security products and solutions provider, is now a Mission Partner of The "I Love U Guys" Foundation, which operates programs for schools' crisis response. Partnering with The "I Love U Guys" Foundation reflects Allegion's ongoing efforts to drive productive conversations on school security and support organizations that are advocating for safer students, every day. As a company that has a mission of pioneer

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, has acquired, through one of its wholly owned subsidiaries, Boss Door Controls. Established in 2009 and based in Livingston, Scotland, Boss Door Controls is a door solutions provider in the UK. Serving customers in the specified door hardware market, its portfolio includes door closers and levers, automatic door operators and pocket door frames. Boss Door Controls will operate as part of the Allegion International segment, led by Allegion Senior Vice President Tim Eckersley. "Bringing Boss Door Controls to Allegion both complements and expands how we go to market in the UK, bolstering our local busine

CHATTANOOGA, Tenn., Jan. 22, 2024 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ:ASTE) announced the company's board of directors (the "Board") appointed Mr. Patrick S. Shannon and Mr. Jeffrey ("Jeff") T. Jackson, new independent directors, to the Board effective as of January 18, 2024. Mr. William Bradley ("Brad") Southern, an independent director, informed the Board he will be retiring as a member of the Board effective January 18, 2024. With the election of Mr. Shannon and Mr. Jackson, and the retirement of Mr. Southern, the size of the Board increased to 11 directors, 10 of whom are independent directors. Mr. Shannon will also serve as a member of the Audit Committee of the Board a

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, has appointed Susan (Sue) L. Main, senior vice president and chief financial officer (CFO) of Teledyne Technologies Incorporated, to the company's board of directors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230912961985/en/Susan (Sue) L. Main (Photo: Business Wire) Main's professional career spans private and public companies as well as commercial, government and industrial sectors across global markets. Most recently, as CFO of publicly traded Teledyne Technologies, Main has led and developed a best-in-class finance organization that's s

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, has appointed Ellen Rubin, founder and CEO of Causely, Inc., to the company's board of directors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230417005364/en/Ellen Rubin (Photo: Business Wire) Rubin has extensive entrepreneurial and leadership experience across the information technology (IT) industry. She founded Causely – an IT operations venture – after serving as general manager of hybrid cloud services at Amazon Web Services (AWS). Previously, she founded enterprise cloud storage company ClearSky Data, Inc. and hybrid cloud computing com

Experienced Leaders Named to Support Business Growth Michael Wagnes Appointed SVP, Chief Financial Officer David Ilardi Appointed SVP, Allegion Americas Allegion plc (NYSE:ALLE), a leading global provider of security products and solutions, today announced the appointment of Michael (Mike) Wagnes, as senior vice president and chief financial officer (CFO), effective March 1, 2022. He succeeds Patrick Shannon in that role, who has announced plans to retire by Sept. 2, 2022 and will serve as an advisor during the transition. In his 15 years at Allegion (and formerly Ingersoll Rand), Wagnes has gained broad experience in finance and business leadership. He has been vice president and general

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, has appointed Lauren Peters, former executive vice president and chief financial officer (CFO) of Foot Locker, Inc., to the company's board of directors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210714005320/en/Lauren Peters (Photo: Business Wire) Through April 2021, Peters held a nearly 25-year career with Foot Locker, which included building a world-class finance organization and serving as an integral part of the executive leadership team with responsibility for financial planning and analysis, risk management and investor relations. Pet

Expands Allegion's global electronics portfolio in high-growth, attractive end markets €330 million purchase price on a cash-free, debt-free basis; Implies 2026E adjusted EBITDA multiple of approximately 18x Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, through one of its subsidiaries, has signed a definitive agreement to acquire ELATEC, including Elatec GmbH and other group entities, ("ELATEC") from Summit Partners for €330 million on a cash-free, debt-free basis. Allegion expects to fund the acquisition through a combination of cash on hand and borrowings under its existing revolving credit facility. ELATEC is a leading manufacturer of secur

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, through one of its subsidiaries, has acquired Nova Hardware Pty Ltd (Novas), an architectural door hardware business based in Victoria, Australia. Founded in 1996, Novas is a trusted brand among developers, architects and builders. Known for its high-quality security portfolio, Novas designs and sells mechanical and electronic locks, door closers and seals, hinges, pulls and levers as well as master keying solutions, primarily in Australian multifamily and commercial markets. Novas is strategically aligned to Allegion's presence in the region, and this acquisition offers both companies expanded opportunit

Solid execution drives strong margin expansion and operating leverage  Quarterly Financial Highlights (All comparisons against the first quarter of 2024, unless otherwise noted) Net earnings per share (EPS) of $1.71, up 21.3% compared with $1.41; Adjusted EPS of $1.86, up 20.0% compared with $1.55 Revenues of $941.9 million, up 5.4% on a reported basis and up 4.0% on an organic basis Operating margin of 20.9%, compared with 19.3%; Adjusted operating margin of 22.7%, up 150 basis points compared with 21.2% Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, today reported financial results for its first quarter (ended March 31, 2025). "Allegion is o

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, will release its 2025 first-quarter financial results on Thursday, April 24, 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 conference call will be broadcast live, through the company's website at https://investor.allegion.com/. The conference call may be accessed by dialing 1-877-883-0383 in the United States or 1-412-902-6506 internationally and enteri

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, today announced that its board of directors declared a quarterly dividend of $0.51 per ordinary share of the company. The dividend is payable on June 30, 2025, to shareholders of record on June 13, 2025. About Allegion At Allegion (NYSE:ALLE), we design and manufacture innovative security and access solutions that help keep people safe where they live, learn, work and connect. We're pioneering safety with our strong legacy of leading brands like CISA®, Interflex®, LCN®, Schlage®, SimonsVoss® and Von Duprin®. Our comprehensive portfolio of hardware, software and electronic solutions is sold around the wor

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, through its subsidiaries, has acquired privately held Trimco Hardware (Trimco), including its brands and other assets. Trimco is a leading North American manufacturer of high-performance and custom-designed door hardware primarily sold in the U.S. for commercial and institutional markets. The company, which is based in Oceanside, California, has a 75-year history of producing unique and patented solutions that range from architectural pulls and sliding door hardware to mechanical locks, latches and strikes. Trimco is known for designing Healthy Hardware™ with healthcare, education and restaurant environmen

Results showcase solid execution, margin expansion and balanced capital deployment  Quarterly Financial Highlights (All comparisons against the fourth quarter of 2023, unless otherwise noted) Net earnings per share (EPS) of $1.65, up 23.1% compared with $1.34; Adjusted EPS of $1.86, up 10.7% compared with $1.68 Revenues of $945.6 million, up 5.4% on a reported basis and up 3.5% on an organic basis Operating margin of 19.5%, compared with 17.8%; Adjusted operating margin of 22.1%, up 10 basis points compared with 22.0% Full-Year Financial Highlights (All comparisons against the full year of 2023, unless otherwise noted) EPS of $6.82, up 11.4% compared with $6.12; Adjusted EPS of $

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, through one of its subsidiaries, has signed a definitive agreement to acquire Lemaar Australia Pty Ltd (Lemaar), a privately held door hardware company based in Victoria, Australia. This acquisition is expected to close in the first quarter of 2025, subject to customary closing conditions. Founded in 1999, Lemaar is well-known in Australia for its high-quality security and accessibility solutions, which include door entry systems, handles and digital locks for residential and multifamily markets. Lemaar products closely align to the Allegion portfolio. Its channels and go-to-market approach also complemen

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, today announced that its board of directors declared a quarterly dividend of $0.51 per ordinary share of the company – representing a 6% increase from 2024 and the company's 11th consecutive annual dividend increase. The dividend is payable on March 31, 2025, to shareholders of record on March 14, 2025. About Allegion Allegion (NYSE:ALLE) is a global pioneer in seamless access, with leading brands like CISA®, Interflex®, LCN®, Schlage®, SimonsVoss® and Von Duprin®. Focusing on security around the door and adjacent areas, Allegion secures people and assets with a range of solutions for homes, businesse

Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, will release its 2024 fourth-quarter and full-year financial results on Tuesday, Feb. 18, 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 conference call will be broadcast live, through the company's website at https://investor.allegion.com/. The conference call may be accessed by dialing 1-877-883-0383 in the United States or 1-412-902-6506 internation

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