283,651 Shares in Crh Plc $CRH Bought by Life Cycle Investment Partners Ltd

Life Cycle Investment Partners Ltd acquired a new position in shares of Crh Plc (NYSE:CRH) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 283,651 shares of the construction company’s stock, valued at approximately $35,400,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. NewEdge Advisors LLC increased its stake in shares of CRH by 158.5% during the 1st quarter. NewEdge Advisors LLC now owns 8,670 shares of the construction company’s stock worth $763,000 after purchasing an additional 5,316 shares in the last quarter. Empowered Funds LLC increased its stake in shares of CRH by 5.3% during the 1st quarter. Empowered Funds LLC now owns 13,178 shares of the construction company’s stock worth $1,159,000 after purchasing an additional 658 shares in the last quarter. Sivia Capital Partners LLC increased its stake in shares of CRH by 58.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 4,279 shares of the construction company’s stock worth $393,000 after purchasing an additional 1,579 shares in the last quarter. Sei Investments Co. increased its stake in shares of CRH by 18.9% during the 2nd quarter. Sei Investments Co. now owns 228,288 shares of the construction company’s stock worth $20,957,000 after purchasing an additional 36,238 shares in the last quarter. Finally, Treasurer of the State of North Carolina increased its stake in shares of CRH by 0.7% during the 2nd quarter. Treasurer of the State of North Carolina now owns 316,818 shares of the construction company’s stock worth $29,084,000 after purchasing an additional 2,348 shares in the last quarter. 62.50% of the stock is owned by institutional investors and hedge funds.

CRH Stock Performance

Shares of NYSE CRH opened at $100.47 on Friday. Crh Plc has a 1 year low of $86.82 and a 1 year high of $131.55. The firm’s 50 day moving average price is $109.00 and its 200 day moving average price is $116.78. The firm has a market cap of $67.13 billion, a P/E ratio of 18.61, a price-to-earnings-growth ratio of 1.75 and a beta of 1.36.

CRH (NYSE:CRH) last announced its earnings results on Thursday, April 30th. The construction company reported ($0.20) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.22) by $0.02. CRH had a net margin of 9.65% and a return on equity of 15.37%. The firm had revenue of $7.37 billion for the quarter, compared to analyst estimates of $7.07 billion. The business’s revenue for the quarter was up 9.1% on a year-over-year basis. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. As a group, equities analysts predict that Crh Plc will post 5.92 EPS for the current year.

CRH Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Friday, May 15th will be given a dividend of $0.39 per share. The ex-dividend date is Friday, May 15th. This represents a $1.56 dividend on an annualized basis and a yield of 1.6%. CRH’s dividend payout ratio (DPR) is 28.89%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the stock. Wells Fargo & Company raised their price objective on shares of CRH from $133.00 to $135.00 and gave the stock an “equal weight” rating in a research note on Friday, February 20th. JPMorgan Chase & Co. raised their price objective on shares of CRH from $135.00 to $140.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 3rd. Morgan Stanley reissued an “overweight” rating and set a $139.00 price objective on shares of CRH in a research note on Wednesday, April 15th. Weiss Ratings lowered shares of CRH from a “buy (b)” rating to a “hold (c+)” rating in a research report on Monday, May 4th. Finally, DA Davidson set a $120.00 target price on shares of CRH in a research report on Friday, February 20th. Two analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, CRH presently has a consensus rating of “Moderate Buy” and an average price target of $139.54.

CRH Profile

CRH plc, originally formed as Cement Roadstone Holdings in 1970 and headquartered in Dublin, Ireland, is a global building materials group. The company has grown from its Irish roots into one of the largest international suppliers of construction materials, expanding primarily through acquisitions and regional business development. CRH operates an integrated network of manufacturing and distribution businesses that serve both public and private construction markets.

CRH’s core activities include the production and distribution of aggregates, cement, asphalt, ready-mixed concrete and other bulk materials, together with a broad range of value-added building products such as precast concrete, masonry, bricks, roofing products, pipe and drainage systems, and construction accessories.