Allegion (ALLE) Sector

(Current) $116.61
0.40 (0.34%) Open Price: 116.23

Allegion plc is a multinational company that specializes in security products and solutions. It was founded in 1908 as the "Russwin Lock Company" and has since evolved into a leading provider of security and safety products for residential and commercial customers. The company changed its name to Allegion in 2013 when it became a standalone company after separating from Ingersoll Rand.

Allegion's primary focus is on manufacturing and distributing a wide range of security products, including locks, access control systems, door closers, exit devices, and electronic security solutions. These products are designed to enhance the safety and security of buildings and properties, catering to both residential and commercial markets.

The company operates globally, serving customers in various industries, such as healthcare, education, hospitality, commercial real estate, and government. Its product portfolio includes both mechanical and electronic security solutions, allowing customers to choose products that best suit their security needs.

In addition to its core business of security products, Allegion places a strong emphasis on innovation and technology. The company invests in research and development to create advanced security solutions that address evolving threats and challenges. This commitment to innovation helps Allegion remain competitive in the rapidly changing security industry.

As a key player in the security sector, Allegion's products and solutions play a role in safeguarding people and properties. Its global presence and product diversity position it to contribute to the broader conversation on security measures and standards.

(06/17/24) $116.23
(06/18/24) $116.21
(06/18/24) (Qty.)865,579
(06/17/24) $115.47
(06/17/24) $117.22
(06/09/24) $115.00
(06/02/24) $122.51
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