Oct 23 - Allegion ( ALLE ) raised its full-year profit

forecast on Thursday, citing robust demand for its premium locks

and electronic access systems in non-residential markets, which

it expects will offset the impact of tariffs.

The Dublin-based lockmaker, which also exceeded

third-quarter Wall Street estimates, raised prices on commercial

products to counter tariff pressures.

Allegion ( ALLE ) has been actively expanding its footprint in the

electronic access and credential management space through

targeted acquisitions.

Recent deals include the purchase of ELATEC, a specialist in

RFID-based secure identification, and Sauce Door, a cloud-native

access control platform.

Sales in Allegion's ( ALLE ) Americas division climbed 7.9% during

the quarter. Meanwhile, its international operations posted a

22.5% increase in revenue.

For the full year, Allegion ( ALLE ) now expects adjusted earnings

per share to range between $8.10 and $8.20, up from its previous

outlook of $8.00 to $8.15.

The company's third-quarter revenue rose 10.7% to $1.07

billion, surpassing analysts' average estimates of $1.05

billion, according to data compiled by LSEG.

Allegion ( ALLE ) reported an adjusted quarterly profit of $2.30 per

share, beating estimates of $2.21 per share.