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Allegion plc reported strong earnings, with major investors increasing their stakes significantly.
Mitsubishi UFJ Trust & Banking Corp increased its holdings in Allegion plc by 67.7%, now owning $11.87 million worth of shares.
Allegion reported strong earnings of $1.86 per share, exceeding expectations by $0.11, with a market cap of $11.07 billion.
Additionally, Prudential Financial Inc. increased its stake, now owning 67,145 shares.
Allegion, a security products company, has a price-to-earnings ratio of 18.82 and an annual dividend yield of 1.59%.
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Allegion plc reportó fuertes ganancias, con los principales inversores aumentando sus participaciones significativamente.