Nuveen LLC Acquires 10,781 Shares of Crh Plc $CRH

Nuveen LLC raised its holdings in shares of Crh Plc (NYSE:CRH) by 0.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,331,498 shares of the construction company’s stock after purchasing an additional 10,781 shares during the quarter. Nuveen LLC owned 0.94% of CRH worth $790,171,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Board of the Pension Protection Fund bought a new stake in CRH during the 4th quarter valued at $25,000. Harbor Investment Advisory LLC boosted its holdings in CRH by 87.6% during the 4th quarter. Harbor Investment Advisory LLC now owns 212 shares of the construction company’s stock worth $26,000 after acquiring an additional 99 shares during the last quarter. Flagship Harbor Advisors LLC bought a new stake in shares of CRH in the 4th quarter worth $26,000. Riggs Asset Managment Co. Inc. grew its stake 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 worth $30,000 after acquiring an additional 312 shares in the last quarter. Finally, Elyxium Wealth LLC bought a new stake in shares of CRH in the 4th quarter worth $37,000. Institutional investors own 62.50% of the company’s stock.

CRH Stock Performance

Shares of NYSE:CRH opened at $104.95 on Friday. The company’s 50-day moving average is $109.55 and its 200 day moving average is $116.05. The company has a market capitalization of $70.12 billion, a P/E ratio of 19.43, a price-to-earnings-growth ratio of 1.74 and a beta of 1.31. Crh Plc has a fifty-two week low of $86.82 and a fifty-two week high of $131.55.

CRH (NYSE:CRH) last issued its quarterly earnings results on Thursday, April 30th. The construction company reported ($0.20) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.22) by $0.02. The company had revenue of $7.37 billion for the quarter, compared to the consensus estimate of $7.07 billion. CRH had a net margin of 9.65% and a return on equity of 15.37%. The firm’s revenue for the quarter was up 9.1% compared to the same quarter last year. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. As a group, research analysts predict that Crh Plc will post 5.92 earnings per share for the current year.

CRH Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Friday, May 15th will be issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, May 15th. CRH’s payout ratio is 28.89%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on CRH shares. Morgan Stanley reiterated an “overweight” rating and issued a $139.00 target price on shares of CRH in a research note on Wednesday, April 15th. DA Davidson set a $120.00 target price on shares of CRH in a research note on Friday, February 20th. Weiss Ratings lowered shares of CRH from a “buy (b)” rating to a “hold (c+)” rating in a research note on Monday, May 4th. JPMorgan Chase & Co. upped their target price on shares of CRH from $135.00 to $140.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 3rd. Finally, Wells Fargo & Company upped their target price on shares of CRH from $133.00 to $135.00 and gave the stock an “equal weight” rating in a research note on Friday, February 20th. Two analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, CRH presently has an average rating of “Moderate Buy” and a consensus target price of $139.54.

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.