Greenhaven Associates Inc. Sells 5,000 Shares of Crh Plc $CRH

Greenhaven Associates Inc. decreased its holdings in Crh Plc (NYSE:CRH) by 20.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 20,000 shares of the construction company’s stock after selling 5,000 shares during the period. CRH makes up about 0.0% of Greenhaven Associates Inc.’s holdings, making the stock its 22nd biggest holding. Greenhaven Associates Inc.’s holdings in CRH were worth $2,496,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Board of the Pension Protection Fund purchased a new stake in CRH during the fourth quarter valued at about $25,000. Harbor Investment Advisory LLC grew its stake in shares of CRH by 87.6% during the fourth quarter. Harbor Investment Advisory LLC now owns 212 shares of the construction company’s stock valued at $26,000 after buying an additional 99 shares during the last quarter. United Community Bank increased its holdings in shares of CRH by 359.6% in the third quarter. United Community Bank now owns 239 shares of the construction company’s stock worth $29,000 after buying an additional 187 shares during the period. Riggs Asset Managment Co. Inc. lifted 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 valued at $30,000 after acquiring an additional 312 shares during the last quarter. Finally, Cornerstone Planning Group LLC lifted its stake in shares of CRH by 139.3% in the 3rd quarter. Cornerstone Planning Group LLC now owns 268 shares of the construction company’s stock valued at $31,000 after acquiring an additional 156 shares during the last quarter. Institutional investors own 62.50% of the company’s stock.

CRH Stock Performance

Shares of CRH stock opened at $100.41 on Friday. The firm has a market cap of $67.10 billion, a P/E ratio of 18.19, a P/E/G ratio of 1.76 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 business’s 50 day moving average price is $118.44 and its 200-day moving average price is $118.44.

CRH (NYSE:CRH) last announced its earnings results on Wednesday, February 18th. The construction company reported $1.52 EPS for the quarter, missing analysts’ consensus estimates of $2.20 by ($0.68). CRH had a net margin of 10.02% and a return on equity of 15.98%. The business had revenue of $5.42 billion for the quarter, compared to the consensus estimate of $11.15 billion. During the same quarter in the prior year, the company earned $1.02 EPS. CRH’s revenue was up 6.2% compared to the same quarter last year. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. As a group, equities analysts predict 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. Shareholders of record on Friday, March 6th will be issued a $0.39 dividend. This is a boost from CRH’s previous quarterly dividend of $0.37. The ex-dividend date is Friday, March 6th. This represents a $1.56 annualized dividend and a yield of 1.6%. CRH’s dividend payout ratio (DPR) is currently 28.26%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on CRH. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of CRH in a research report on Monday, December 8th. Citigroup boosted their price objective on CRH from $142.00 to $155.00 and gave the company a “buy” rating in a research report on Thursday, January 8th. UBS Group increased their price objective on CRH from $138.00 to $147.00 and gave the company a “buy” rating in a research note on Thursday, January 8th. BNP Paribas Exane raised shares of CRH to a “strong-buy” rating in a research note on Friday, January 23rd. Finally, JPMorgan Chase & Co. increased their price target on shares of CRH from $135.00 to $140.00 and gave the company an “overweight” rating in a research report on Tuesday, March 3rd. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, CRH presently has an average rating of “Moderate Buy” and a consensus price target of $137.86.

About CRH

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.