Fiduciary Family Office LLC Buys Shares of 9,005 Crh Plc $CRH

Fiduciary Family Office LLC bought a new stake in Crh Plc (NYSE:CRH) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 9,005 shares of the construction company’s stock, valued at approximately $1,080,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Creekmur Asset Management LLC bought a new position in CRH in the second quarter valued at approximately $27,000. Park Place Capital Corp lifted its stake in shares of CRH by 59.9% in the 2nd quarter. Park Place Capital Corp now owns 307 shares of the construction company’s stock valued at $29,000 after purchasing an additional 115 shares during the period. Riggs Asset Managment Co. Inc. boosted its position in shares of CRH by 1,835.3% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 329 shares of the construction company’s stock worth $30,000 after purchasing an additional 312 shares during the last quarter. Salomon & Ludwin LLC acquired a new position in CRH in the third quarter valued at about $32,000. Finally, Cullen Frost Bankers Inc. boosted its holdings in CRH by 255.0% during the second quarter. Cullen Frost Bankers Inc. now owns 426 shares of the construction company’s stock worth $39,000 after buying an additional 306 shares during the last quarter. 62.50% of the stock is owned by institutional investors.

CRH Stock Up 0.4%

Shares of NYSE:CRH opened at $123.08 on Friday. The firm has a market cap of $82.50 billion, a price-to-earnings ratio of 24.52, a PEG ratio of 1.80 and a beta of 1.34. Crh Plc has a 12 month low of $76.75 and a 12 month high of $131.55. The company’s fifty day simple moving average is $121.71 and its 200 day simple moving average is $113.72.

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

CRH Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Shareholders of record on Friday, November 21st were given a dividend of $0.37 per share. The ex-dividend date of this dividend was Friday, November 21st. This represents a $1.48 dividend on an annualized basis and a yield of 1.2%. CRH’s dividend payout ratio is 22.11%.

Analysts Set New Price Targets

A number of analysts recently weighed in on CRH shares. Barclays increased their price target on shares of CRH from $110.00 to $131.00 and gave the company an “overweight” rating in a research report on Monday, October 20th. Weiss Ratings reiterated a “buy (b-)” rating on shares of CRH in a report on Monday, December 22nd. Morgan Stanley lifted their price target on shares of CRH from $131.00 to $140.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 10th. DA Davidson upped their price objective on shares of CRH from $110.00 to $116.00 and gave the company a “neutral” rating in a research report on Wednesday, November 12th. Finally, Bank of America initiated coverage on CRH in a report on Friday, September 26th. They set a “buy” rating and a $128.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $136.20.

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.