GSA Capital Partners LLP Has $675,000 Holdings in Crh Plc $CRH

GSA Capital Partners LLP decreased its holdings in Crh Plc (NYSE:CRH) by 42.5% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,631 shares of the construction company’s stock after selling 4,162 shares during the period. GSA Capital Partners LLP’s holdings in CRH were worth $675,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Rothschild Investment LLC increased its holdings in shares of CRH by 39.6% during the 3rd quarter. Rothschild Investment LLC now owns 642 shares of the construction company’s stock worth $77,000 after acquiring an additional 182 shares during the last quarter. Merit Financial Group LLC increased its holdings in shares of CRH by 7.0% in the third quarter. Merit Financial Group LLC now owns 32,717 shares of the construction company’s stock valued at $3,923,000 after purchasing an additional 2,139 shares during the last quarter. Zions Bancorporation National Association UT raised its position in shares of CRH by 2.6% in the third quarter. Zions Bancorporation National Association UT now owns 7,710 shares of the construction company’s stock valued at $924,000 after purchasing an additional 198 shares during the period. Smithfield Trust Co acquired a new stake in shares of CRH during the 3rd quarter worth about $138,000. Finally, State of New Jersey Common Pension Fund D lifted its stake in shares of CRH by 2.9% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 239,286 shares of the construction company’s stock worth $28,690,000 after buying an additional 6,842 shares during the last quarter. 62.50% of the stock is currently owned by institutional investors.

CRH Trading Down 1.1%

Shares of CRH stock opened at $124.07 on Monday. The stock has a market cap of $83.16 billion, a P/E ratio of 22.48, a price-to-earnings-growth ratio of 2.03 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 50 day simple moving average of $125.20 and a 200 day simple moving average of $118.82.

CRH (NYSE:CRH) last announced its quarterly earnings data on Wednesday, February 18th. The construction company reported $1.52 earnings per share 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 analyst estimates of $11.15 billion. CRH had a net margin of 10.02% and a return on equity of 15.98%. CRH’s revenue was up 6.2% on a year-over-year basis. During the same period 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. Analysts forecast 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. Shareholders of record on Friday, March 6th will be paid a dividend of $0.39 per share. The ex-dividend date is Friday, March 6th. This is a positive change 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%. CRH’s dividend payout ratio is currently 20.11%.

Analyst Ratings Changes

Several research analysts have weighed in on CRH shares. DA Davidson set a $120.00 price target on shares of CRH in a report on Friday. BNP Paribas Exane raised CRH to a “strong-buy” rating in a research report on Friday, January 23rd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of CRH in a research note on Monday, December 8th. Royal Bank Of Canada reduced their price target on CRH from $152.00 to $150.00 and set an “outperform” rating for the company in a research note on Friday, November 7th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of CRH in a report on Monday, December 22nd. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $136.27.

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.