Entropy Technologies LP Purchases 41,302 Shares of Crh Plc $CRH

Entropy Technologies LP grew its position in Crh Plc (NYSE:CRH) by 80.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 92,753 shares of the construction company’s stock after buying an additional 41,302 shares during the quarter. Entropy Technologies LP’s holdings in CRH were worth $11,576,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of CRH. Board of the Pension Protection Fund bought a new stake in shares of CRH in the fourth quarter valued at about $25,000. Harbor Investment Advisory LLC lifted its holdings in shares of CRH by 87.6% in the fourth quarter. Harbor Investment Advisory LLC now owns 212 shares of the construction company’s stock valued at $26,000 after purchasing an additional 99 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new stake in shares of CRH in the fourth quarter valued at about $26,000. Riggs Asset Managment Co. Inc. increased its position in shares of CRH by 1,835.3% in 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 during the last quarter. Finally, Elyxium Wealth LLC acquired a new stake in shares of CRH in the fourth quarter valued at about $37,000. 62.50% of the stock is currently owned by institutional investors.

CRH Trading Up 1.5%

CRH stock opened at $106.41 on Friday. Crh Plc has a 12 month low of $86.82 and a 12 month high of $131.55. The stock’s 50 day moving average is $109.55 and its 200-day moving average is $115.98. The company has a market capitalization of $71.11 billion, a price-to-earnings ratio of 19.71, a PEG ratio of 1.85 and a beta of 1.31.

CRH (NYSE:CRH) last posted its earnings results on Thursday, April 30th. The construction company reported ($0.20) EPS for the quarter, beating the consensus estimate of ($0.22) by $0.02. CRH had a return on equity of 15.37% and a net margin of 9.65%.The company had revenue of $7.37 billion for the quarter, compared to the consensus estimate of $7.07 billion. The company’s revenue 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, equities research analysts predict that Crh Plc will post 5.92 earnings per share for the current fiscal year.

CRH Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Stockholders of record on Friday, May 15th will be given a $0.39 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $1.56 annualized dividend and a dividend yield of 1.5%. CRH’s dividend payout ratio is presently 28.89%.

Analyst Ratings Changes

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