Allegion Shares Soar 4.01% in Eight Days, Reach 2024 High on Acquisitions

Allegion Public (ALLE) shares rose 0.26% today, marking an eighth consecutive day of gains, with an increase of 4.01% over the past eight days. The share price reached its highest level since October 2024, with an intraday gain of 1.28%.

The strategy of buying ALLE shares after they reached a recent high and holding for 1 week showed mixed performance over the past 5 years. The average annual return was 3.5%, with a maximum drawdown of 15.4% during the period. While the strategy captured some gains from ALLE's performance, it also exposed investors to significant volatility.

Average Annual Return: The strategy yielded an average annual return of 3.5%. This indicates that, on average, investors could expect growth in their investment over the 5-year period, but the returns were modest.

Maximum Drawdown: The maximum drawdown of 15.4% highlights the strategy's vulnerability to market downturns. This was the lowest point at which investors would have had to endure a significant loss in their investment.

Performance Volatility: The strategy's performance was subject to market fluctuations, with no guarantee of positive returns in every year. For instance, there may have been years where the stock did not reach a new high, or where the market conditions following the high were unfavorable.

In conclusion, while the strategy of buying ALLE shares after reaching a recent high and holding for 1 week offered some growth potential, it came with considerable risk. Investors should consider their risk tolerance and investment goals before adopting such a strategy, especially in a volatile market environment.

Allegion plc has recently expanded its access solutions portfolio through the acquisition of Waitwhile Inc., a software-as-a-service provider. This strategic move, completed on July 8, 2025, includes Christoffer Klemming joining Allegion to continue leading the Waitwhile business. This acquisition is expected to enhance Allegion's product offerings and strengthen its position in the security and access technology market.

In addition to the Waitwhile acquisition, Allegion plc has also completed the acquisition of Gatewise Incorporated through one of its subsidiaries. This further expansion of its product portfolio is likely to contribute to an increase in Allegion's stock value by broadening its market reach and technological capabilities.