BlackRock Amends Allegion Stake, Signals Continued Confidence

TL;DR

**BlackRock still owns a chunk of Allegion, good sign for the stock!**

AI Summary

BlackRock Inc. has filed an amended SC 13G/A, indicating its ownership stake in Allegion plc (ALLE) as of December 31, 2023. This filing, Amendment No. 9, shows BlackRock continues to be a significant institutional investor in Allegion, a company specializing in security products and solutions. For investors, this signals BlackRock's ongoing confidence in Allegion's long-term prospects, as large institutional holdings often provide a degree of stability and validation for a stock.

Why It Matters

BlackRock's sustained significant ownership in Allegion plc suggests institutional confidence, which can be a positive signal for current and prospective shareholders.

Risk Assessment

Risk Level: low — This filing is a routine update from a major institutional investor and does not indicate any immediate negative risks.

Analyst Insight

Investors should note BlackRock's continued presence as a major shareholder, which can be a positive indicator of institutional confidence in Allegion plc, but this filing alone doesn't warrant immediate action.

Key Players & Entities

• BlackRock Inc. (company) — the reporting person and institutional investor
• Allegion plc (company) — the subject company whose securities are being reported
• December 31, 2023 (date) — the date of the event requiring this filing
• Amendment No. 9 (number) — the specific amendment number of the filing
• BFRT3W7 (number) — the SEDOL number for Allegion plc's Common Stock

FAQ

From the Filing

0001086364-24-005660.txt : 20240130 0001086364-24-005660.hdr.sgml : 20240130 20240130160841 ACCESSION NUMBER: 0001086364-24-005660 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240130 DATE AS OF CHANGE: 20240130 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Allegion plc CENTRAL INDEX KEY: 0001579241 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-DETECTIVE, GUARD & ARMORED CAR SERVICES [7381] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 981108930 STATE OF INCORPORATION: L2 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-87751 FILM NUMBER: 24578218 BUSINESS ADDRESS: STREET 1: BLOCK D IVEAGH COURT STREET 2: HARCOURT ROAD CITY: DUBLIN 2 STATE: L2 ZIP: 00000 BUSINESS PHONE: (317) 810-3700 MAIL ADDRESS: STREET 1: C/O SCHLAGE LOCK COMPANY, LLC STREET 2: 11819 N. PENNSYLVANIA STREET CITY: CARMEL STATE: IN ZIP: 46032 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G/A 1 ie00bfrt3w74_013024.txt ie00bfrt3w74_013024.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 9) ALLEGION PUBLIC LIMITED COMPANY -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) BFRT3W7 -------------------------------------------------------- (SEDOL Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). SEDOL No. BFRT3W7 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 10509042 (6) Shared voting power 0 (7) Sole dispositive power 9874739 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 9874739 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 12.0% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- ALLEGION PUBLIC LIMITED COMPANY Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- Block D Iveagh Court Harcourt Road Dublin 2 Ireland D02-VH94 Item 2. 2(a) Name of person filing: --------------------------------------------------------------