Dana Investment Advisors Inc. reduced its position in shares of Crh Plc (NYSE:CRH – Free Report) by 65.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 76,826 shares of the construction company’s stock after selling 145,671 shares during the quarter. Dana Investment Advisors Inc.’s holdings in CRH were worth $9,588,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also recently added to or reduced their stakes in the company. JFS Wealth Advisors LLC increased its position in CRH by 12.1% in the 4th quarter. JFS Wealth Advisors LLC now owns 794 shares of the construction company’s stock worth $99,000 after purchasing an additional 86 shares during the last quarter. PDS Planning Inc increased its position in CRH by 2.3% in the 4th quarter. PDS Planning Inc now owns 4,000 shares of the construction company’s stock worth $499,000 after purchasing an additional 89 shares during the last quarter. UMB Bank n.a. increased its position in CRH by 34.8% in the 3rd quarter. UMB Bank n.a. now owns 356 shares of the construction company’s stock worth $43,000 after purchasing an additional 92 shares during the last quarter. Crossmark Global Holdings Inc. increased its position in CRH by 2.4% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 4,126 shares of the construction company’s stock worth $495,000 after purchasing an additional 96 shares during the last quarter. Finally, Harbor Investment Advisory LLC increased its position in CRH by 87.6% in the 4th quarter. Harbor Investment Advisory LLC now owns 212 shares of the construction company’s stock worth $26,000 after purchasing an additional 99 shares during the last quarter. 62.50% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on CRH shares. Wells Fargo & Company increased their price objective on CRH from $133.00 to $135.00 and gave the company an “equal weight” rating in a report on Friday, February 20th. BNP Paribas Exane raised CRH to a “strong-buy” rating in a report on Friday, January 23rd. JPMorgan Chase & Co. increased their price objective on CRH from $135.00 to $140.00 and gave the company an “overweight” rating in a report on Tuesday, March 3rd. Weiss Ratings lowered CRH from a “buy (b)” rating to a “hold (c+)” rating in a report on Monday, May 4th. Finally, Morgan Stanley reissued an “overweight” rating and set a $139.00 price objective on shares of CRH in a report on Wednesday, April 15th. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, CRH has an average rating of “Moderate Buy” and a consensus price target of $139.54.
CRH Stock Performance
Shares of NYSE CRH opened at $103.40 on Friday. The firm has a market cap of $69.09 billion, a price-to-earnings ratio of 19.15, a P/E/G ratio of 1.80 and a beta of 1.36. The business’s 50-day simple moving average is $109.58 and its 200-day simple moving average is $117.41. Crh Plc has a 52 week low of $86.82 and a 52 week high of $131.55.
CRH (NYSE:CRH – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The construction company reported ($0.20) EPS for the quarter, beating analysts’ consensus estimates of ($0.22) by $0.02. The business had revenue of $7.37 billion for the quarter, compared to analyst estimates of $7.07 billion. CRH had a return on equity of 15.37% and a net margin of 9.65%.The company’s quarterly revenue was up 9.1% 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 forecast that Crh Plc will post 5.9 earnings per share for the current year.
CRH Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Friday, May 15th will be issued a $0.39 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $1.56 dividend on an annualized basis and a yield of 1.5%. CRH’s dividend payout ratio (DPR) is 28.89%.
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.
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