Natixis Advisors LLC Buys 23,578 Shares of Crh Plc $CRH

Natixis Advisors LLC lifted its stake in Crh Plc (NYSE:CRH) by 7.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 360,464 shares of the construction company’s stock after purchasing an additional 23,578 shares during the period. Natixis Advisors LLC’s holdings in CRH were worth $43,220,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. United Community Bank boosted its position in CRH by 359.6% in the 3rd quarter. United Community Bank now owns 239 shares of the construction company’s stock valued at $29,000 after buying an additional 187 shares during the period. Salomon & Ludwin LLC purchased a new position in shares of CRH during the third quarter worth approximately $32,000. Cornerstone Planning Group LLC increased its position in shares of CRH by 139.3% during the third quarter. Cornerstone Planning Group LLC now owns 268 shares of the construction company’s stock worth $31,000 after acquiring an additional 156 shares during the period. Riggs Asset Managment Co. Inc. raised its stake in shares of CRH by 1,835.3% during the second quarter. Riggs Asset Managment Co. Inc. now owns 329 shares of the construction company’s stock valued at $30,000 after acquiring an additional 312 shares in the last quarter. Finally, Physician Wealth Advisors Inc. raised its stake in shares of CRH by 60.6% during the third quarter. Physician Wealth Advisors Inc. now owns 350 shares of the construction company’s stock valued at $42,000 after acquiring an additional 132 shares in the last quarter. Hedge funds and other institutional investors own 62.50% of the company’s stock.

CRH Stock Up 0.0%

Shares of NYSE:CRH opened at $106.45 on Tuesday. The company has a market capitalization of $71.13 billion, a price-to-earnings ratio of 19.28, a price-to-earnings-growth ratio of 1.86 and a beta of 1.33. Crh Plc has a 52 week low of $76.75 and a 52 week high of $131.55. The firm has a 50 day moving average of $122.79 and a 200 day moving average of $119.21.

CRH (NYSE:CRH) last posted its earnings results on Wednesday, February 18th. The construction company reported $1.52 earnings per share for the quarter, missing analysts’ consensus estimates of $2.20 by ($0.68). The company had revenue of $5.42 billion for 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%.The firm’s quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.02 EPS. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. On average, sell-side analysts expect that Crh Plc will post 5.47 EPS 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 paid a dividend of $0.39 per share. This is an increase from CRH’s previous quarterly dividend of $0.37. The ex-dividend date is Friday, March 6th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.5%. CRH’s dividend payout ratio (DPR) is currently 28.26%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on CRH shares. Weiss Ratings reissued a “buy (b-)” rating on shares of CRH in a research note on Monday, December 22nd. UBS Group upped their target price on CRH from $138.00 to $147.00 and gave the stock a “buy” rating in a report on Thursday, January 8th. BNP Paribas Exane raised CRH to a “strong-buy” rating in a research report on Friday, January 23rd. Citigroup raised their price target on CRH from $142.00 to $155.00 and gave the company a “buy” rating in a research note on Thursday, January 8th. Finally, Longbow Research initiated coverage on CRH in a report on Tuesday, December 16th. They issued a “buy” rating and a $160.00 price objective for the company. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $137.86.

CRH Company 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.