WCG Wealth Advisors LLC Invests $1.44 Million in Crh Plc $CRH

WCG Wealth Advisors LLC bought a new position in Crh Plc (NYSE:CRH) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 11,532 shares of the construction company’s stock, valued at approximately $1,439,000.

A number of other hedge funds have also recently added to or reduced their stakes in CRH. Board of the Pension Protection Fund bought a new position in shares of CRH in the 4th quarter valued at about $25,000. Flagship Harbor Advisors LLC acquired a new stake in shares of CRH in the 4th quarter valued at approximately $26,000. Harbor Investment Advisory LLC raised its position in shares of CRH by 87.6% in the 4th quarter. Harbor Investment Advisory LLC now owns 212 shares of the construction company’s stock valued at $26,000 after acquiring an additional 99 shares during the period. Cornerstone Planning Group LLC raised its position in shares of CRH by 139.3% in the 3rd quarter. Cornerstone Planning Group LLC now owns 268 shares of the construction company’s stock valued at $31,000 after acquiring an additional 156 shares during the period. Finally, Elyxium Wealth LLC bought a new position in CRH in the fourth quarter valued at approximately $37,000. Institutional investors own 62.50% of the company’s stock.

CRH Trading Down 1.4%

Shares of NYSE CRH opened at $105.10 on Friday. Crh Plc has a 12 month low of $86.82 and a 12 month high of $131.55. The firm has a market capitalization of $70.23 billion, a price-to-earnings ratio of 19.46, a PEG ratio of 1.85 and a beta of 1.31. The business has a 50-day moving average of $109.57 and a 200-day moving average of $116.19.

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

CRH Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Stockholders of record on Friday, May 15th will be paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, May 15th. CRH’s dividend payout ratio is currently 28.89%.

Analyst Upgrades and Downgrades

CRH has been the topic of a number of research reports. Morgan Stanley reaffirmed an “overweight” rating and issued a $139.00 price target 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. Wells Fargo & Company upped their price target on shares of CRH from $133.00 to $135.00 and gave the company an “equal weight” rating in a research note on Friday, February 20th. JPMorgan Chase & Co. upped their price objective on shares of CRH from $135.00 to $140.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 3rd. Finally, DA Davidson set a $120.00 price objective 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 issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $139.54.

About CRH

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.