Barrow Hanley Mewhinney & Strauss LLC Sells 22,845 Shares of Crh Plc $CRH

Barrow Hanley Mewhinney & Strauss LLC decreased its stake in Crh Plc (NYSE:CRH) by 0.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,849,167 shares of the construction company’s stock after selling 22,845 shares during the period. Barrow Hanley Mewhinney & Strauss LLC owned 0.42% of CRH worth $341,615,000 at the end of the most recent quarter.

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

Analysts Set New Price Targets

Several research firms have issued reports on CRH. UBS Group upped their price objective on CRH from $138.00 to $147.00 and gave the company a “buy” rating in a research note on Thursday, January 8th. Weiss Ratings restated a “buy (b-)” rating on shares of CRH in a research note on Monday, December 22nd. Wells Fargo & Company raised their price target on CRH from $133.00 to $135.00 and gave the company an “equal weight” rating in a report on Friday, February 20th. Longbow Research started coverage on shares of CRH in a report on Tuesday, December 16th. They issued a “buy” rating and a $160.00 price objective on the stock. Finally, Morgan Stanley raised their target price on shares of CRH from $140.00 to $141.00 and gave the stock an “overweight” rating in a research note on Monday, March 2nd. Two equities research 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’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $137.86.

CRH Price Performance

CRH stock opened at $106.26 on Wednesday. The firm has a market cap of $71.01 billion, a PE ratio of 19.25, a price-to-earnings-growth ratio of 1.86 and a beta of 1.33. The stock’s fifty day moving average price is $122.40 and its two-hundred day moving average price is $119.16. Crh Plc has a one year low of $76.75 and a one year high of $131.55.

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). The company had revenue of $5.42 billion for the quarter, compared to analyst estimates of $11.15 billion. CRH had a return on equity of 15.98% and a net margin of 10.02%.The business’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period last year, the company posted $1.02 earnings per share. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. Sell-side analysts expect that Crh Plc will post 5.47 earnings per share for the current fiscal year.

CRH Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Friday, March 6th will be issued a dividend of $0.39 per share. This is a boost from CRH’s previous quarterly dividend of $0.37. The ex-dividend date of this dividend 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 currently 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.