Crh Plc $CRH Shares Purchased by Cerity Partners LLC

Cerity Partners LLC boosted its holdings in Crh Plc (NYSE:CRH) by 18.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 243,510 shares of the construction company’s stock after purchasing an additional 38,775 shares during the quarter. Cerity Partners LLC’s holdings in CRH were worth $30,390,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in CRH. Board of the Pension Protection Fund acquired a new position in CRH in the fourth quarter valued at $25,000. Harbor Investment Advisory LLC increased its stake in CRH by 87.6% in the fourth quarter. Harbor Investment Advisory LLC now owns 212 shares of the construction company’s stock valued at $26,000 after purchasing an additional 99 shares during the last quarter. Flagship Harbor Advisors LLC acquired a new position in CRH in the fourth quarter valued at $26,000. Riggs Asset Managment Co. Inc. increased its stake in CRH by 1,835.3% in the second quarter. Riggs Asset Managment Co. Inc. now owns 329 shares of the construction company’s stock valued at $30,000 after purchasing an additional 312 shares during the last quarter. Finally, Elyxium Wealth LLC acquired a new position in CRH in the fourth quarter valued at $37,000. 62.50% of the stock is currently owned by institutional investors and hedge funds.

CRH Price Performance

Shares of NYSE CRH opened at $100.17 on Thursday. Crh Plc has a 1-year low of $86.82 and a 1-year high of $131.55. The business has a 50-day moving average of $109.55 and a 200-day moving average of $116.08. The company has a market capitalization of $66.93 billion, a price-to-earnings ratio of 18.55, a PEG ratio of 1.80 and a beta of 1.31.

CRH (NYSE:CRH) last issued its earnings results on Thursday, April 30th. The construction company reported ($0.20) earnings per share for the quarter, topping the consensus estimate of ($0.22) by $0.02. CRH had a return on equity of 15.37% and a net margin of 9.65%.The company had revenue of $7.37 billion during the quarter, compared to the consensus estimate of $7.07 billion. 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. Research analysts expect that Crh Plc will post 5.92 EPS for the current fiscal 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 given 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 1.6%. CRH’s dividend payout ratio is presently 28.89%.

Analyst Ratings Changes

CRH has been the subject of several analyst reports. Weiss Ratings lowered CRH from a “buy (b)” rating to a “hold (c+)” rating in a research note on Monday, May 4th. DA Davidson set a $120.00 price target on CRH in a research report on Friday, February 20th. JPMorgan Chase & Co. boosted their price target on CRH from $135.00 to $140.00 and gave the company an “overweight” rating in a research report on Tuesday, March 3rd. Morgan Stanley reissued an “overweight” rating and set a $139.00 price target on shares of CRH in a research report on Wednesday, April 15th. Finally, Wells Fargo & Company boosted their price target on CRH from $133.00 to $135.00 and gave the company an “equal weight” rating in a research report on Friday, February 20th. Two investment 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’s stock. According to data from MarketBeat.com, CRH has a consensus rating of “Moderate Buy” and an average target price 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.