7,929 Shares in Crh Plc $CRH Acquired by Aster Capital Management DIFC Ltd

Aster Capital Management DIFC Ltd acquired a new stake in shares of Crh Plc (NYSE:CRH) in the third quarter, according to its most recent disclosure with the SEC. The firm acquired 7,929 shares of the construction company’s stock, valued at approximately $951,000.

Other hedge funds have also recently modified their holdings of the company. NewEdge Advisors LLC increased its holdings in CRH by 158.5% in the 1st quarter. NewEdge Advisors LLC now owns 8,670 shares of the construction company’s stock valued at $763,000 after acquiring an additional 5,316 shares during the last quarter. Empowered Funds LLC boosted its holdings in shares of CRH by 5.3% during the 1st quarter. Empowered Funds LLC now owns 13,178 shares of the construction company’s stock valued at $1,159,000 after purchasing an additional 658 shares during the last quarter. Sivia Capital Partners LLC grew its position in shares of CRH by 58.5% during the second quarter. Sivia Capital Partners LLC now owns 4,279 shares of the construction company’s stock valued at $393,000 after purchasing an additional 1,579 shares in the last quarter. Focus Partners Advisor Solutions LLC purchased a new position in shares of CRH during the second quarter valued at about $388,000. Finally, Brighton Jones LLC increased its holdings in shares of CRH by 16.5% in the second quarter. Brighton Jones LLC now owns 4,610 shares of the construction company’s stock worth $423,000 after purchasing an additional 652 shares during the last quarter. Hedge funds and other institutional investors own 62.50% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently commented on CRH. Longbow Research began coverage on CRH in a research note on Tuesday, December 16th. They set a “buy” rating and a $160.00 price target for the company. Jefferies Financial Group reiterated a “buy” rating on shares of CRH in a research report on Monday, December 1st. Citigroup boosted their price target on shares of CRH from $142.00 to $155.00 and gave the stock a “buy” rating in a research report on Thursday, January 8th. UBS Group upped their price target on shares of CRH from $138.00 to $147.00 and gave the company a “buy” rating in a research note on Thursday, January 8th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of CRH from $130.00 to $135.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 11th. Two analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $136.27.

CRH Trading Up 0.8%

NYSE:CRH opened at $121.10 on Friday. The company has a market cap of $81.17 billion, a price-to-earnings ratio of 21.94, a price-to-earnings-growth ratio of 2.10 and a beta of 1.33. Crh Plc has a twelve month low of $76.75 and a twelve month high of $131.55. The stock has a fifty day simple moving average of $124.82 and a 200-day simple moving average of $119.03.

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

CRH Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Friday, March 6th will be issued a $0.39 dividend. 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 dividend yield of 1.3%. CRH’s dividend payout ratio (DPR) 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.