Allegion Plc Intrinsic Value – Distillate Capital Partners LLC Acquires Stake in Allegion plc During 2nd Quarter
September 26, 2024
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ALLEGION PLC ($NYSE:ALLE) is a multinational company specializing in security and safety solutions for homes, businesses, and institutions. It is listed on the New York Stock Exchange under the ticker symbol ALLE. During the second quarter of this year, investment management firm Distillate Capital Partners LLC made a significant move by acquiring a stake in ALLEGION PLC. According to the firm’s latest disclosure, it added the company to its portfolio, indicating its confidence in the stock’s potential. It focuses on identifying undervalued companies with strong fundamentals and long-term growth potential. With this investment, it seems that the firm believes that ALLEGION PLC fits this criteria. This move by Distillate Capital Partners LLC is significant for ALLEGION PLC as it reflects a positive outlook on the company’s future performance. It also brings in a new investor with a solid track record, which could potentially attract more investors to follow suit.
ALLEGION PLC has been performing well in recent years, with consistent revenue growth and strong financials. One of the company’s key strengths is its diverse product portfolio, catering to both residential and commercial markets. Its products include mechanical and electronic locks, door handles and closers, access control systems, and more. ALLEGION PLC has also been investing in innovative technologies, such as cloud-based solutions and biometric access control, to stay ahead of the curve and cater to changing consumer needs. It not only brings in a new investor but also signifies confidence in the company’s future growth prospects. With its strong fundamentals and continuous innovation, ALLEGION PLC seems well-positioned to capitalize on the growing demand for security and safety solutions globally.
Share Price
The news caused a stir in the stock market, as ALLEGION PLC’s stock opened at $144.13 and closed at $143.39 on Wednesday, showing a slight decrease of 0.31% from the previous closing price of $143.84. This acquisition by Distillate Capital Partners LLC is significant for Allegion plc, a global provider of security products and solutions, as it reflects the confidence of investors and financial experts in the company’s potential for growth and profitability. It also showcases the increasing interest and demand for the company’s shares in the stock market. This further strengthens the company’s position and reputation in the market, positioning it as a resilient and attractive investment opportunity. Allegion plc has been consistently delivering strong financial performance over the years, with a solid track record of revenue growth and profitability. This has been achieved through a combination of strategic acquisitions, product innovations, and expansion into new markets.
The acquisition by Distillate Capital Partners LLC is a testament to the company’s sound business strategies and efficient management. Furthermore, this acquisition comes at a crucial time for Allegion plc, as it continues to navigate through the challenges posed by the pandemic. The company has been proactive in implementing measures to ensure the safety and well-being of its employees, as well as maintaining business continuity. This has enabled it to remain resilient and adapt to the changing market conditions. It reflects the confidence of investors in the company’s potential for growth and profitability, and further strengthens its position as a leading player in the security products and solutions industry. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Allegion Plc. More…
| Total Revenues | Net Income | Net Margin |
| 3.65k | 540.4 | 15.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Allegion Plc. More…
| Operations | Investing | Financing |
| 600.6 | -129.1 | -298.7 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Allegion Plc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.31k | 2.99k | 15.07 |
Key Ratios Snapshot
Some of the financial key ratios for Allegion Plc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 10.3% | 9.6% | 19.5% |
| FCF Margin | ROE | ROA |
| 14.1% | 34.8% | 10.3% |
Analysis – Allegion Plc Intrinsic Value
Through our analysis of ALLEGION PLC‘s financials, we have determined that the company’s intrinsic value is around $136.2 per share. This was calculated using our proprietary Valuation Line, which takes into account various financial metrics such as revenue, earnings, and cash flow. Currently, ALLEGION PLC’s stock is trading at $143.39 per share. This means that the stock is trading at a fair price, but it is slightly overvalued by 5.2%. This indicates that investors may want to exercise caution before purchasing the stock at its current price. One key takeaway from our analysis is that ALLEGION PLC appears to be a fundamentally sound company with a solid financial foundation. However, investors should always consider the price they pay for a stock in relation to its intrinsic value. In this case, while the stock is slightly overvalued, it may still be a good long-term investment due to the company’s strong financials. It is also worth noting that ALLEGION PLC operates in the security and safety products industry, which is expected to see continued growth in the coming years. This could potentially drive up the company’s earnings and therefore its intrinsic value in the future. Overall, our analysis shows that ALLEGION PLC is a strong company with a fair stock price. However, investors should carefully evaluate their own risk tolerance and investment goals before making any decisions about purchasing the stock. More…
Peers
Its competitors include Perla Group International Inc, Powerlock International Corp, and Drone Guarder Inc. While each company offers unique products and solutions, Allegion PLC is the clear leader in the industry.
– Perla Group International Inc ($OTCPK:PERL)
Drone Guarder Inc. is a market leader in the development and manufacture of drones and related technology. The company has a strong focus on research and development, and its products are used in a variety of applications including law enforcement, search and rescue, and security. Drone Guarder Inc. has a strong reputation for quality and reliability, and its products are backed by a team of experts who are available to provide support and training. The company’s products are sold through a network of authorized dealers and distributors.
Summary
Distillate Capital Partners LLC recently acquired a new position in Allegion plc, a leading provider of security products and solutions, during the 2nd quarter. This indicates that the investment firm sees potential in the company and believes it will perform well in the future. This, along with Allegion’s focus on innovation and expansion into new markets, makes it a promising investment opportunity for those looking for long-term growth potential.
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