Crh Plc $CRH Holdings Decreased by Evelyn Partners Investment Management Europe Ltd

Evelyn Partners Investment Management Europe Ltd lowered its position in Crh Plc (NYSE:CRH) by 2.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 220,519 shares of the construction company’s stock after selling 6,331 shares during the quarter. CRH accounts for 8.0% of Evelyn Partners Investment Management Europe Ltd’s investment portfolio, making the stock its 2nd biggest position. Evelyn Partners Investment Management Europe Ltd’s holdings in CRH were worth $23,181,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Flagship Harbor Advisors LLC acquired a new stake in CRH during the fourth quarter worth about $26,000. Kemnay Advisory Services Inc. acquired a new position in shares of CRH in the 4th quarter valued at about $33,000. Meeder Asset Management Inc. lifted its stake in shares of CRH by 29,400.0% in the 4th quarter. Meeder Asset Management Inc. now owns 295 shares of the construction company’s stock valued at $37,000 after purchasing an additional 294 shares in the last quarter. Elyxium Wealth LLC purchased a new stake in shares of CRH during the 4th quarter worth about $37,000. Finally, Eastern Bank purchased a new stake in shares of CRH during the 4th quarter worth about $38,000. Hedge funds and other institutional investors own 62.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on CRH shares. Jefferies Financial Group raised their price target on shares of CRH from $149.00 to $165.60 and gave the company a “buy” rating in a report on Friday, June 26th. Weiss Ratings downgraded shares of CRH from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, June 18th. Sanford C. Bernstein reissued an “outperform” rating on shares of CRH in a research report on Tuesday, June 23rd. Wells Fargo & Company cut their target price on shares of CRH from $135.00 to $132.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 8th. Finally, Morgan Stanley restated an “overweight” rating and set a $139.00 target price on shares of CRH in a report on Wednesday, April 15th. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, CRH currently has a consensus rating of “Buy” and an average target price of $141.19.

CRH Price Performance

Shares of NYSE CRH opened at $102.83 on Tuesday. Crh Plc has a 1-year low of $93.58 and a 1-year high of $131.55. The company has a market capitalization of $68.71 billion, a price-to-earnings ratio of 19.04, a PEG ratio of 1.72 and a beta of 1.32. The business has a 50-day moving average of $105.39 and a 200-day moving average of $112.03.

CRH (NYSE:CRH) last issued its quarterly earnings data on Thursday, April 30th. The construction company reported ($0.20) earnings per share (EPS) for the quarter, beating the consensus estimate 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 net margin of 9.65% and a return on equity of 15.37%. The business’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. Research analysts expect that Crh Plc will post 5.96 EPS for the current fiscal year.

CRH Dividend Announcement

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

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.