Aperture Investors LLC Cuts Stock Holdings in Crh Plc $CRH

Aperture Investors LLC trimmed its position in shares of Crh Plc (NYSE:CRH) by 6.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 116,495 shares of the construction company’s stock after selling 8,350 shares during the quarter. Aperture Investors LLC’s holdings in CRH were worth $10,694,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Financiere des Professionnels Fonds d investissement inc. acquired a new position in CRH in the second quarter worth about $246,000. Ninety One UK Ltd raised its stake in CRH by 13.1% during the second quarter. Ninety One UK Ltd now owns 3,143,490 shares of the construction company’s stock valued at $288,572,000 after buying an additional 364,319 shares in the last quarter. Hsbc Holdings PLC lifted its holdings in CRH by 100.2% during the 1st quarter. Hsbc Holdings PLC now owns 452,776 shares of the construction company’s stock worth $39,318,000 after buying an additional 226,602 shares during the last quarter. Advanced Portfolio Management LLC bought a new position in CRH during the 2nd quarter worth approximately $1,148,000. Finally, National Pension Service grew its position in shares of CRH by 8.6% in the 1st quarter. National Pension Service now owns 2,154,053 shares of the construction company’s stock worth $189,492,000 after acquiring an additional 170,702 shares in the last quarter. Institutional investors and hedge funds own 62.50% of the company’s stock.

CRH Stock Performance

Shares of NYSE CRH opened at $123.79 on Wednesday. Crh Plc has a 1 year low of $76.75 and a 1 year high of $127.10. The firm has a market cap of $82.97 billion, a P/E ratio of 24.66, a PEG ratio of 1.99 and a beta of 1.35. The stock has a fifty day moving average price of $117.01 and a two-hundred day moving average price of $106.96.

CRH (NYSE:CRH) last announced its quarterly earnings data on Wednesday, November 5th. The construction company reported $2.21 earnings per share for the quarter, beating the consensus estimate of $1.94 by $0.27. CRH had a return on equity of 16.25% and a net margin of 9.30%.The business had revenue of $11.07 billion during the quarter, compared to analyst estimates of $10.15 billion. During the same quarter in the prior year, the firm posted $1.97 earnings per share. The company’s revenue was up 5.3% on a year-over-year basis. CRH has set its FY 2025 guidance at 5.490-5.720 EPS. On average, research analysts predict that Crh Plc will post 5.47 earnings per share for the current fiscal year.

CRH Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 17th. Stockholders of record on Friday, November 21st will be given a dividend of $0.37 per share. The ex-dividend date is Friday, November 21st. This represents a $1.48 annualized dividend and a dividend yield of 1.2%. CRH’s dividend payout ratio (DPR) is 22.11%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Jefferies Financial Group reissued a “buy” rating on shares of CRH in a research report on Monday, December 1st. UBS Group started coverage on shares of CRH in a research note on Tuesday, October 14th. They set a “buy” rating and a $138.00 target price for the company. JPMorgan Chase & Co. raised their price target on shares of CRH from $130.00 to $135.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 11th. Royal Bank Of Canada decreased their price target on shares of CRH from $152.00 to $150.00 and set an “outperform” rating for the company in a report on Friday, November 7th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of CRH in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $130.21.

About CRH

CRH plc, together with its subsidiaries, provides building materials solutions in Ireland and internationally. It operates through four segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. The company provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings; and produces and sells aggregates, cement, readymixed concrete, and asphalt, as well as provides paving and construction services.