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Barchart
Barchart
Rashmi Kumari

Allegion Stock: Is ALLE Outperforming the Industrials Sector?

ALLE Allegion XLI

Based in Dublin, Ireland, Allegion plc (ALLE) manufactures and sells mechanical and electronic security products and solutions. Valued at a market cap of $12.3 billion, the company offers doors and door systems, electronic security products, biometric and mobile access control systems, locksets, workforce productivity systems, and other accessories.

Companies worth more than $10 billion are generally described as “large-cap” stocks, and Allegion fits right into that category. The company operates under more than 30 well-known brands, including CISA, Interflex, LCN, Schlage, and Von Duprin, and sells its products and services in almost 120 countries. It is renowned for its innovative and high-quality security products and solutions. 

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