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International Business Times
International Business Times
Business

Warren Buffett's $107M Q2 Investment in Door Security Tech Company Allegion has Already Gained 20%

Warren Buffett, whose $107M stake in Allegion has already shown strong gains.

In Q2, Warren Buffett's Berkshire Hathaway purchased over 780,130 shares of Allegion (NYSE: ALLE) for $107.1 million (£81.9 million) at $137.29 (£105.11) per share. Today, the investment is valued at approximately $129.3 million (£98.9 million), based on Tuesday's closing price of $165.91 (£127.02), reflecting a 20.8% profit within just three months. The stock has also climbed 26.88% year-to-date, highlighting its robust performance.

About Allegion

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