Militia Capital Management LLC Invests $631,000 in Crh Plc $CRH

Militia Capital Management LLC purchased a new position in Crh Plc (NYSE:CRH) during the 1st quarter, HoldingsChannel.com reports. The fund purchased 6,000 shares of the construction company’s stock, valued at approximately $631,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. JFS Wealth Advisors LLC grew its stake in CRH by 12.1% during the 4th quarter. JFS Wealth Advisors LLC now owns 794 shares of the construction company’s stock valued at $99,000 after purchasing an additional 86 shares in the last quarter. Waddell & Associates LLC raised its position in shares of CRH by 3.8% in the 4th quarter. Waddell & Associates LLC now owns 2,352 shares of the construction company’s stock valued at $294,000 after purchasing an additional 87 shares in the last quarter. PDS Planning Inc raised its position in shares of CRH by 2.3% in the 4th quarter. PDS Planning Inc now owns 4,000 shares of the construction company’s stock valued at $499,000 after purchasing an additional 89 shares in the last quarter. Larson Financial Group LLC boosted its stake in shares of CRH by 6.1% during the 4th quarter. Larson Financial Group LLC now owns 1,778 shares of the construction company’s stock valued at $222,000 after buying an additional 102 shares during the last quarter. Finally, Bell Investment Advisors Inc boosted its stake in shares of CRH by 51.2% during the 1st quarter. Bell Investment Advisors Inc now owns 304 shares of the construction company’s stock valued at $32,000 after buying an additional 103 shares during the last quarter. Hedge funds and other institutional investors own 62.50% of the company’s stock.

CRH Trading Down 2.1%

Shares of CRH opened at $97.97 on Friday. Crh Plc has a 52 week low of $93.58 and a 52 week high of $131.55. The firm has a market cap of $65.47 billion, a price-to-earnings ratio of 18.14, a PEG ratio of 1.73 and a beta of 1.32. The stock has a 50 day moving average of $105.47 and a 200-day moving average of $112.41.

CRH (NYSE:CRH) last posted its quarterly earnings results 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. CRH had a return on equity of 15.37% and a net margin of 9.65%.The business had revenue of $7.37 billion for the quarter, compared to analyst estimates of $7.07 billion. The firm’s quarterly revenue was up 9.1% on a year-over-year basis. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. On average, sell-side analysts predict that Crh Plc will post 5.96 earnings per share for the current fiscal year.

CRH Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Friday, May 15th were given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Friday, May 15th. CRH’s dividend payout ratio (DPR) is presently 28.89%.

Analyst Upgrades and Downgrades

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

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.