Captrust Financial Advisors increased its stake in Crh Plc (NYSE:CRH – Free Report) by 4.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 473,329 shares of the construction company’s stock after acquiring an additional 18,452 shares during the period. Captrust Financial Advisors owned approximately 0.07% of CRH worth $56,750,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Aspire Private Capital LLC acquired a new position in shares of CRH during the 3rd quarter valued at $1,851,000. Danske Bank A S bought a new stake in shares of CRH in the 3rd quarter worth $64,695,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of CRH in the third quarter valued at $259,000. Stance Capital LLC bought a new position in CRH during the third quarter valued at about $56,000. Finally, Advisory Services Network LLC bought a new position in CRH during the third quarter valued at about $50,000. Institutional investors own 62.50% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts have commented on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of CRH in a research report on Monday, December 22nd. UBS Group raised their price objective on shares of CRH from $138.00 to $147.00 and gave the company a “buy” rating in a research report on Thursday, January 8th. Citigroup lifted their price objective on shares of CRH from $142.00 to $155.00 and gave the stock a “buy” rating in a research note on Thursday, January 8th. Morgan Stanley boosted their target price 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, DA Davidson set a $120.00 target price on shares of CRH in a research note on Friday, February 20th. Two research 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 company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $137.86.
CRH Price Performance
NYSE:CRH opened at $101.83 on Thursday. The stock has a market cap of $68.05 billion, a PE ratio of 18.45, a price-to-earnings-growth ratio of 1.83 and a beta of 1.33. Crh Plc has a fifty-two week low of $76.75 and a fifty-two week high of $131.55. The stock’s 50-day moving average is $119.53 and its two-hundred day moving average is $118.65.
CRH (NYSE:CRH – Get Free Report) last posted its quarterly earnings results on Wednesday, February 18th. The construction company reported $1.52 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.20 by ($0.68). The company had revenue of $5.42 billion during the quarter, compared to analysts’ expectations of $11.15 billion. CRH had a return on equity of 15.98% and a net margin of 10.02%.CRH’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period last year, the company earned $1.02 earnings per share. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. On average, equities research analysts anticipate that Crh Plc will post 5.47 earnings per share for the current year.
CRH Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Friday, March 6th will be given a dividend of $0.39 per share. The ex-dividend date of this dividend is Friday, March 6th. This is a boost 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 payout ratio is presently 28.26%.
CRH 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.
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