Fieldview Capital Management LLC Has $4.56 Million Stock Position in Crh Plc $CRH

Fieldview Capital Management LLC increased its holdings in shares of Crh Plc (NYSE:CRH) by 233.9% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 38,042 shares of the construction company’s stock after purchasing an additional 26,650 shares during the period. CRH accounts for approximately 0.7% of Fieldview Capital Management LLC’s holdings, making the stock its 27th largest position. Fieldview Capital Management LLC’s holdings in CRH were worth $4,561,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. United Community Bank boosted its stake in shares of CRH by 359.6% during the 3rd quarter. United Community Bank now owns 239 shares of the construction company’s stock worth $29,000 after acquiring an additional 187 shares during the period. Salomon & Ludwin LLC bought a new stake in CRH in the 3rd quarter valued at $32,000. Cornerstone Planning Group LLC raised its stake in CRH by 139.3% in the 3rd quarter. Cornerstone Planning Group LLC now owns 268 shares of the construction company’s stock valued at $31,000 after acquiring an additional 156 shares during the period. Riggs Asset Managment Co. Inc. lifted its holdings in CRH by 1,835.3% during the 2nd 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. Finally, Physician Wealth Advisors Inc. boosted its position in CRH by 60.6% during the third quarter. Physician Wealth Advisors Inc. now owns 350 shares of the construction company’s stock worth $42,000 after purchasing an additional 132 shares during the period. Institutional investors own 62.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on CRH shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of CRH in a research report on Monday, December 22nd. JPMorgan Chase & Co. upped their price target on shares of CRH from $135.00 to $140.00 and gave the stock an “overweight” rating in a report on Tuesday, March 3rd. DA Davidson set a $120.00 target price on CRH in a research report on Friday, February 20th. Morgan Stanley upped their price target on shares of CRH from $140.00 to $141.00 and gave the stock an “overweight” rating in a report on Monday, March 2nd. Finally, Wells Fargo & Company upped their price objective on CRH from $133.00 to $135.00 and gave the company an “equal weight” rating in a research note on Friday, February 20th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $137.86.

CRH Stock Down 4.3%

CRH opened at $106.36 on Monday. Crh Plc has a twelve month low of $76.75 and a twelve month high of $131.55. The company has a fifty day moving average of $123.21 and a 200-day moving average of $119.24. The stock has a market cap of $71.07 billion, a PE ratio of 19.27, a price-to-earnings-growth ratio of 1.86 and a beta of 1.33.

CRH (NYSE:CRH) last released its earnings results on Wednesday, February 18th. The construction company reported $1.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.20 by ($0.68). CRH had a net margin of 10.02% and a return on equity of 15.98%. The firm had revenue of $5.42 billion during the quarter, compared to analyst estimates of $11.15 billion. During the same quarter in the previous year, the firm earned $1.02 EPS. CRH’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. Sell-side analysts anticipate that Crh Plc will post 5.47 EPS for the current fiscal year.

CRH Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Friday, March 6th will be issued a $0.39 dividend. The ex-dividend date is Friday, March 6th. 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 1.5%. CRH’s dividend payout ratio is presently 28.26%.

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.