Crh Plc $CRH Shares Bought by University of Texas Texas AM Investment Management Co.

University of Texas Texas AM Investment Management Co. boosted its stake in shares of Crh Plc (NYSE:CRH) by 160.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 19,936 shares of the construction company’s stock after acquiring an additional 12,269 shares during the period. University of Texas Texas AM Investment Management Co.’s holdings in CRH were worth $2,488,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in CRH. JFS Wealth Advisors LLC grew its holdings in shares of CRH by 12.1% during the 4th quarter. JFS Wealth Advisors LLC now owns 794 shares of the construction company’s stock worth $99,000 after purchasing an additional 86 shares during the period. Waddell & Associates LLC lifted its holdings in shares of CRH by 3.8% during the 4th quarter. Waddell & Associates LLC now owns 2,352 shares of the construction company’s stock valued at $294,000 after acquiring an additional 87 shares in the last quarter. PDS Planning Inc boosted its position in CRH by 2.3% during the 4th quarter. PDS Planning Inc now owns 4,000 shares of the construction company’s stock worth $499,000 after purchasing an additional 89 shares during the period. Crossmark Global Holdings Inc. increased its holdings in CRH by 2.4% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 4,126 shares of the construction company’s stock valued at $495,000 after purchasing an additional 96 shares in the last quarter. Finally, Harbor Investment Advisory LLC raised its position 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 period. Hedge funds and other institutional investors own 62.50% of the company’s stock.

Wall Street Analyst Weigh In

CRH has been the subject of several recent research reports. Weiss Ratings downgraded shares of CRH from a “buy (b)” rating to a “hold (c+)” rating in a research report on Monday, May 4th. JPMorgan Chase & Co. raised their price target on shares of CRH from $135.00 to $140.00 and gave the company an “overweight” rating in a report on Tuesday, March 3rd. DA Davidson set a $120.00 price objective on shares of CRH in a report on Friday, February 20th. Wells Fargo & Company raised their target price on CRH from $133.00 to $135.00 and gave the company an “equal weight” rating in a research note on Friday, February 20th. Finally, Morgan Stanley restated an “overweight” rating and set a $139.00 price objective on shares of CRH in a report on Wednesday, April 15th. Two equities research 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.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $139.54.

CRH Stock Up 3.1%

Shares of NYSE:CRH opened at $109.77 on Tuesday. The company has a market cap of $73.35 billion, a PE ratio of 20.33, a P/E/G ratio of 1.85 and a beta of 1.31. Crh Plc has a fifty-two week low of $86.82 and a fifty-two week high of $131.55. The firm has a 50-day simple moving average of $109.66 and a 200 day simple moving average of $115.96.

CRH (NYSE:CRH) last released its quarterly earnings data on Thursday, April 30th. The construction company reported ($0.20) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.22) by $0.02. The business had revenue of $7.37 billion during the quarter, compared to analyst estimates of $7.07 billion. CRH had a return on equity of 15.37% and a net margin of 9.65%.The business’s quarterly 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. As a group, research analysts forecast that Crh Plc will post 5.92 EPS for the current fiscal year.

CRH Announces Dividend

The firm 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. This represents a $1.56 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, May 15th. CRH’s dividend payout ratio (DPR) is 28.89%.

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.