Allegion Plc (ALLE)
Frequently Asked Questions About Allegion Plc (ALLE)
How can I invest in Allegion Plc?
Investing in Allegion Plc can be accomplished by purchasing shares through a brokerage account that offers access to the New York Stock Exchange (NYSE). Potential investors should conduct thorough research and consider the company's financial performance, market position, and future growth prospects before making investment decisions.
How does Allegion Plc address cybersecurity?
Allegion Plc recognizes the importance of cybersecurity in the interconnected world of security products. The company implements robust cybersecurity measures in its electronic solutions to protect user data and ensure the integrity of its devices, continually updating its systems to counter potential threats.
How does Allegion Plc ensure product quality?
Allegion Plc employs rigorous quality assurance processes in its product design and manufacturing. The company adheres to strict industry standards and regulations, conducting thorough testing and evaluations to ensure that its products meet high-performance expectations and safety requirements.
How does Allegion Plc innovate its products?
Allegion Plc invests significantly in research and development (R&D) to innovate its products and solutions. By focusing on emergent technologies such as the Internet of Things (IoT), Allegion continuously seeks to enhance user experiences, improve security features, and streamline installation processes.
Is Allegion Plc involved in sustainability initiatives?
Yes, Allegion Plc is committed to sustainability and actively pursues initiatives to reduce its environmental impact. The company integrates sustainable practices in its operations, product design, and manufacturing processes to promote a greener future while meeting customer demand for eco-friendly solutions.
What are Allegion Plc's future growth prospects?
Allegion Plc's future growth prospects appear promising, driven by increasing global demand for security solutions and technological advancements. The company is well-positioned to benefit from trends such as smart buildings and remote access technologies, focusing on innovation and expanding its product offerings to capture new market opportunities.
What does Allegion Plc do?
Allegion Plc is a global company that specializes in security products and solutions, primarily focusing on the locks, safety, and access control markets. It offers a wide range of products, including electronic and mechanical locks, door closers, hardware, and innovative access control systems. The company serves various sectors, including commercial, institutional, and residential markets, increasing security and safety through advanced technologies.
What has been Allegion Plc's financial performance?
Allegion Plc has demonstrated strong financial performance since its inception, showing consistent revenue growth and profitability. The company remains focused on operational excellence and strategic acquisitions, which contribute to its financial success and capabilities in meeting customer demands for security solutions.
What is Allegion Plc's approach to customer service?
Allegion Plc prioritizes customer service as a fundamental component of its operations. The company is dedicated to providing exceptional support through training, resources, and responsive service, ensuring that customers can effectively utilize Allegion's products and solutions.
What is Allegion Plc's global presence?
Allegion Plc operates in over 130 countries worldwide, with a diverse workforce and significant global reach. This presence allows the company to address various market needs, adapt to regional differences, and leverage local expertise to provide innovative security solutions tailored to specific markets.
What is Allegion Plc's mission?
Allegion Plc's mission is to lead the global security industry by providing innovative products and solutions that enhance safety and security. The company strives to meet and exceed customer expectations while committing to high standards of integrity and quality in all its operations.
What is the stock symbol for Allegion Plc?
The stock symbol for Allegion Plc is ALLE, which is traded on the New York Stock Exchange (NYSE). This ticker symbol represents the company in stock market transactions, allowing investors to buy and sell shares of Allegion.
What markets does Allegion Plc serve?
Allegion Plc serves diverse markets, including commercial buildings, educational institutions, healthcare facilities, and residential properties. The company tailors its products and solutions to meet the specific security needs of each segment, enhancing safety and access control for its clientele.
What role does Allegion Plc play in the community?
Allegion Plc actively engages in community initiatives and philanthropic efforts. The company supports various local and global programs aimed at improving safety, education, and well-being, emphasizing its commitment to corporate social responsibility and making a positive impact in the communities where it operates.
What technological advancements is Allegion Plc focusing on?
Allegion Plc is focusing on several technological advancements, including smart locks, mobile access, and integrated security solutions. By leveraging IoT technology, Allegion aims to provide seamless, user-friendly experiences while enhancing security and access control for residential and commercial customers.
What types of products does Allegion Plc offer?
Allegion Plc offers a wide array of products, including mechanical and electronic locks, door closers, exit devices, access control systems, and security management software. These products are designed to ensure safety, security, and convenience for users in various applications.
When was Allegion Plc founded?
Allegion Plc was founded in 2013 as a spin-off from Ingersoll Rand plc. Since its establishment, Allegion has operated independently, focusing on security products and services while leveraging its heritage in innovation and quality from its predecessor.
Where is Allegion Plc headquartered?
Allegion Plc is headquartered in Dublin, Ireland. This strategic location facilitates its global operations and supports its mission to develop and deliver innovative security solutions to customers around the world.
Who are Allegion Plc's main competitors?
Allegion Plc faces competition from various companies within the security industry, including Johnson Controls, Assa Abloy, and Schlage. These competitors also provide a range of security products and services, driving innovation and technology advancements within the sector.
Who is the CEO of Allegion Plc?
As of my last knowledge update, the CEO of Allegion Plc was David D. Petratis. He has been at the helm of the company since its inception in 2013, leading Allegion in its growth and strategic direction while advancing its goal of becoming a leader in security solutions.
What is the current price of Allegion Plc?
The current price of Allegion Plc is 127.21
When was Allegion Plc last traded?
The last trade of Allegion Plc was at 4:10 pm EDT on April 3rd, 2025
What is the market capitalization of Allegion Plc?
The market capitalization of Allegion Plc is 11.41B
How many shares of Allegion Plc are outstanding?
Allegion Plc has 89.70M shares outstanding.