Based in Dublin, Ireland, Allegion plc (ALLE) is a global security products and solutions company specializing in door and access systems. The company manufactures mechanical and electronic locks, access control systems, doors, frames, exit devices and related hardware for residential and commercial markets worldwide. The company has a market capitalization of approximately $13.1 billion.
Companies valued between $10 billion and $200 billion are generally classified as “large-cap stocks,” and Allegion comfortably fits this category. Its substantial market capitalization reflects its size, influence and established position within the security and protection services industry. From door locks to smart access systems, Allegion has built a broad security business around trusted brands. Schlage and Von Duprin strengthen its market presence, while acquisitions expand its capabilities. Global R&D supports innovation in electronic security and access control, helping Allegion respond to evolving security needs.
