National Pension Service Makes New Investment in Crh Plc $CRH

National Pension Service acquired a new position in shares of Crh Plc (NYSE:CRH) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 2,068,686 shares of the construction company’s stock, valued at approximately $258,172,000.

Other hedge funds also recently added to or reduced their stakes in the company. Board of the Pension Protection Fund acquired a new position in CRH during the 4th quarter worth $25,000. Harbor Investment Advisory LLC grew its holdings in CRH by 87.6% during the 4th quarter. Harbor Investment Advisory LLC now owns 212 shares of the construction company’s stock worth $26,000 after acquiring an additional 99 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new position in CRH during the 4th quarter worth $26,000. United Community Bank grew its holdings in CRH by 359.6% during the 3rd quarter. United Community Bank now owns 239 shares of the construction company’s stock worth $29,000 after acquiring an additional 187 shares in the last quarter. Finally, Riggs Asset Managment Co. Inc. grew its holdings in CRH by 1,835.3% during the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 329 shares of the construction company’s stock worth $30,000 after acquiring an additional 312 shares in the last quarter. 62.50% of the stock is owned by institutional investors and hedge funds.

CRH Stock Performance

NYSE CRH opened at $108.91 on Friday. Crh Plc has a one year low of $86.82 and a one year high of $131.55. The company has a 50-day simple moving average of $109.31 and a 200-day simple moving average of $116.40. The firm has a market capitalization of $72.77 billion, a PE ratio of 20.17, a price-to-earnings-growth ratio of 1.86 and a beta of 1.36.

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

CRH Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 17th. Stockholders of record on Friday, May 15th will be issued a $0.39 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $1.56 annualized dividend and a dividend yield of 1.4%. CRH’s payout ratio is 28.89%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on CRH. 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 report on Tuesday, March 3rd. 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 report on Friday, February 20th. DA Davidson set a $120.00 price target on shares of CRH in a report on Friday, February 20th. Morgan Stanley reaffirmed an “overweight” rating and issued a $139.00 price target on shares of CRH in a report on Wednesday, April 15th. Finally, Weiss Ratings lowered shares of CRH from a “buy (b)” rating to a “hold (c+)” rating in a report on Monday, May 4th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, CRH presently has an average rating of “Moderate Buy” and an average target price of $139.54.

CRH Company 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.