Professional
Added to YB: 2025-04-30
Pitch date: 2025-03-31
ALLE [neutral]
Allegion plc
+24.45%
current return
Author Info
No bio for this author
Company Info
Allegion plc engages in the provision of security products and solutions worldwide. The company offers door controls, door control system, and exit devices; doors, glass and door systems, and accessories; electronic security products and access control systems, including time, attendance, and workforce productivity; and locks, locksets, portable locks, and key systems.
Market Cap
$11.7B
Pitch Price
$129.23
Price Target
N/A
Dividend
1.49%
EV/EBITDA
13.55
P/E
19.16
EV/Sales
3.51
Sector
Building Products
Category
value
Fiduciary Management Inc. Portfolio Holding: Allegion plc
ALLE (holding update): Leading global security provider (~50% aftermarket sales) with strong commercial electronic security position (70-80% market share with ASSA ABLOY & Dormakaba). Trusted brands (Schlage, Kryptonite, Stanley Access) create defensive moat. Trading below market despite high quality business; cyclical headwinds in non-residential markets.
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