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Allegion PLC’s stock has reached an all-time high, hitting 177.79 USD, with impressive momentum demonstrated by a 39.92% surge over the past six months. According to InvestingPro data, the company boasts a perfect Piotroski Score of 9, indicating exceptional financial strength. This milestone reflects a significant upward trend, with the stock experiencing a 23.92% increase over the past year. The company, known for its security products and solutions, has demonstrated robust performance in the market, with a healthy current ratio of 2.3 and an impressive track record of raising dividends for 11 consecutive years. This all-time high underscores Allegion’s strong market position and the positive sentiment surrounding its financial health and future prospects. InvestingPro analysis reveals 10+ additional insights about Allegion’s financial health and valuation, available in the comprehensive Pro Research Report.
In other recent news, Allegion plc reported second-quarter earnings that surpassed analyst expectations, driven by strong demand in the non-residential sector. This positive performance highlights the company’s resilience in challenging market conditions. Allegion also announced the acquisition of Brisant Secure Limited, a UK-based security hardware company, which will enhance its presence in the UK market. In addition, the company’s board of directors declared a quarterly dividend of $0.51 per share, payable to shareholders on September 30, 2025. Analyst activity around Allegion has been notable, with Barclays upgrading the stock to Equalweight, citing improved conditions in non-residential construction markets. Furthermore, Mizuho raised its price target for Allegion to $170, reflecting a positive outlook on mergers and acquisitions. These developments underscore the strategic moves Allegion is making to strengthen its market position and financial performance.
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