Dana Investment Advisors Inc. Acquires Shares of 222,497 Crh Plc $CRH

Dana Investment Advisors Inc. bought a new stake in shares of Crh Plc (NYSE:CRH) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund bought 222,497 shares of the construction company’s stock, valued at approximately $26,677,000. CRH comprises approximately 0.8% of Dana Investment Advisors Inc.’s portfolio, making the stock its 24th largest holding.

A number of other large investors also recently made changes to their positions in CRH. L2 Asset Management LLC grew its stake in shares of CRH by 3.0% during the second quarter. L2 Asset Management LLC now owns 3,028 shares of the construction company’s stock worth $278,000 after purchasing an additional 89 shares during the period. UMB Bank n.a. boosted its holdings in CRH by 34.8% during the third quarter. UMB Bank n.a. now owns 356 shares of the construction company’s stock worth $43,000 after buying an additional 92 shares during the last quarter. Sound View Wealth Advisors Group LLC grew its position in shares of CRH by 3.4% during the 3rd quarter. Sound View Wealth Advisors Group LLC now owns 3,082 shares of the construction company’s stock worth $370,000 after buying an additional 100 shares during the period. Shepherd Financial Partners LLC increased its stake in shares of CRH by 0.3% in the 3rd quarter. Shepherd Financial Partners LLC now owns 33,863 shares of the construction company’s stock valued at $4,060,000 after acquiring an additional 106 shares during the last quarter. Finally, Mission Wealth Management LP raised its position in shares of CRH by 1.1% in the 2nd quarter. Mission Wealth Management LP now owns 9,548 shares of the construction company’s stock valued at $877,000 after acquiring an additional 107 shares during the period. Institutional investors and hedge funds own 62.50% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Citigroup lifted their price objective on shares of CRH from $142.00 to $155.00 and gave the stock a “buy” rating in a research note on Thursday, January 8th. JPMorgan Chase & Co. lifted 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. Longbow Research started coverage on shares of CRH in a report on Tuesday, December 16th. They issued a “buy” rating and a $160.00 price target for the company. Weiss Ratings restated a “buy (b-)” rating on shares of CRH in a research report on Monday, December 22nd. Finally, Morgan Stanley raised their price objective on CRH from $131.00 to $140.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 10th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $136.27.

CRH Stock Down 2.2%

Shares of CRH stock opened at $121.32 on Tuesday. The firm has a fifty day moving average of $125.09 and a 200-day moving average of $118.92. Crh Plc has a 12-month low of $76.75 and a 12-month high of $131.55. The company has a market capitalization of $81.32 billion, a price-to-earnings ratio of 21.98, a P/E/G ratio of 2.03 and a beta of 1.33.

CRH (NYSE:CRH) last posted its quarterly earnings data on Wednesday, February 18th. The construction company reported $1.52 EPS for the quarter, missing the consensus estimate of $2.20 by ($0.68). The company had revenue of $5.42 billion during the quarter, compared to the consensus estimate of $11.15 billion. CRH had a net margin of 10.02% and a return on equity of 15.98%. The company’s revenue was up 6.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.02 earnings per share. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. On average, equities analysts expect that Crh Plc will post 5.47 EPS for the current year.

CRH Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Friday, March 6th will be given a dividend of $0.39 per share. This is an increase from CRH’s previous quarterly dividend of $0.37. This represents a $1.56 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, March 6th. CRH’s payout ratio is currently 20.11%.

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.