First Financial Bankshares Inc Has $377,000 Holdings in Crh Plc $CRH

First Financial Bankshares Inc trimmed its holdings in shares of Crh Plc (NYSE:CRH) by 70.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,144 shares of the construction company’s stock after selling 7,405 shares during the quarter. First Financial Bankshares Inc’s holdings in CRH were worth $377,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Creekmur Asset Management LLC acquired a new position in shares of CRH during the 2nd quarter valued at about $27,000. United Community Bank boosted its position in CRH by 359.6% during the third quarter. United Community Bank now owns 239 shares of the construction company’s stock worth $29,000 after purchasing an additional 187 shares during the period. Riggs Asset Managment Co. Inc. grew its holdings in CRH by 1,835.3% during the second quarter. Riggs Asset Managment Co. Inc. now owns 329 shares of the construction company’s stock valued at $30,000 after purchasing an additional 312 shares during the last quarter. Cornerstone Planning Group LLC raised its position in shares of CRH by 139.3% in the third quarter. Cornerstone Planning Group LLC now owns 268 shares of the construction company’s stock valued at $31,000 after purchasing an additional 156 shares during the period. Finally, Salomon & Ludwin LLC bought a new position in shares of CRH in the third quarter valued at approximately $32,000. Institutional investors and hedge funds own 62.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on CRH shares. BNP Paribas Exane upgraded shares of CRH to a “strong-buy” rating in a research note on Friday, January 23rd. UBS Group raised their price target on CRH from $138.00 to $147.00 and gave the company a “buy” rating in a research report on Thursday, January 8th. Longbow Research began coverage on CRH in a research note on Tuesday, December 16th. They issued a “buy” rating and a $160.00 price objective on the stock. JPMorgan Chase & Co. increased their target price on CRH from $130.00 to $135.00 and gave the company an “overweight” rating in a research note on Tuesday, November 11th. Finally, Morgan Stanley lifted their price target on CRH from $131.00 to $140.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 10th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, CRH currently has a consensus rating of “Moderate Buy” and an average price target of $136.27.

CRH Stock Up 1.0%

CRH stock opened at $122.70 on Wednesday. Crh Plc has a twelve month low of $76.75 and a twelve month high of $131.55. The company has a market cap of $82.24 billion, a PE ratio of 22.23, a price-to-earnings-growth ratio of 1.99 and a beta of 1.33. The business’s 50-day simple moving average is $125.00 and its 200 day simple moving average is $119.01.

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

CRH Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Friday, March 6th will be paid 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 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Friday, March 6th. CRH’s dividend payout ratio is presently 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.