Czech National Bank Makes New $22.06 Million Investment in Crh Plc $CRH

Czech National Bank bought a new position in Crh Plc (NYSE:CRH) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 176,740 shares of the construction company’s stock, valued at approximately $22,057,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Quantum Financial Advisors LLC acquired a new stake in shares of CRH during the 4th quarter valued at approximately $248,000. SG Americas Securities LLC boosted its holdings in CRH by 9,615.1% in the fourth quarter. SG Americas Securities LLC now owns 1,386,928 shares of the construction company’s stock worth $173,089,000 after purchasing an additional 1,372,652 shares during the period. Westview Management dba Westview Investment Advisors bought a new stake in CRH during the fourth quarter valued at $3,624,000. Fulton Bank N.A. increased its stake in CRH by 4.0% during the fourth quarter. Fulton Bank N.A. now owns 9,747 shares of the construction company’s stock valued at $1,216,000 after purchasing an additional 375 shares during the last quarter. Finally, Gradient Investments LLC raised its holdings in shares of CRH by 45.4% during the fourth quarter. Gradient Investments LLC now owns 15,925 shares of the construction company’s stock worth $1,987,000 after purchasing an additional 4,970 shares during the period. 62.50% of the stock is owned by institutional investors and hedge funds.

CRH Stock Performance

Shares of CRH stock opened at $103.04 on Friday. The firm has a market capitalization of $68.86 billion, a PE ratio of 18.67, a price-to-earnings-growth ratio of 1.85 and a beta of 1.33. Crh Plc has a 1 year low of $76.75 and a 1 year high of $131.55. The stock has a fifty day moving average of $116.77 and a two-hundred day moving average of $118.26.

CRH (NYSE:CRH) last issued its quarterly earnings data on Wednesday, February 18th. The construction company reported $1.52 earnings per share for the quarter, missing analysts’ consensus estimates of $2.20 by ($0.68). The company had revenue of $5.42 billion for 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%. CRH’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.02 earnings per share. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. Equities research analysts predict that Crh Plc will post 5.47 earnings per share for the current fiscal year.

CRH Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Friday, March 6th will be given a dividend of $0.39 per share. This is a positive change from CRH’s previous quarterly dividend of $0.37. The ex-dividend date is Friday, March 6th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.5%. CRH’s payout ratio is presently 28.26%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on CRH. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of CRH in a research report on Monday, December 8th. JPMorgan Chase & Co. boosted their price objective on shares of CRH from $135.00 to $140.00 and gave the company an “overweight” rating in a research report on Tuesday, March 3rd. Citigroup raised their target price on shares of CRH from $142.00 to $155.00 and gave the stock a “buy” rating in a report on Thursday, January 8th. DA Davidson set a $120.00 target price on CRH in a research note on Friday, February 20th. Finally, Morgan Stanley upped their target price on CRH from $140.00 to $141.00 and gave the company an “overweight” rating in a report on Monday, March 2nd. Two analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $137.86.

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.