Savant Capital LLC Sells 25,126 Shares of Crh Plc $CRH

Savant Capital LLC trimmed its position in Crh Plc (NYSE:CRH) by 79.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 6,683 shares of the construction company’s stock after selling 25,126 shares during the quarter. Savant Capital LLC’s holdings in CRH were worth $834,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cibc World Market Inc. grew its stake in shares of CRH by 36.2% during the third quarter. Cibc World Market Inc. now owns 56,390 shares of the construction company’s stock worth $6,761,000 after buying an additional 14,985 shares during the last quarter. SouthState Bank Corp grew its stake in shares of CRH by 20,243.5% during the third quarter. SouthState Bank Corp now owns 21,971 shares of the construction company’s stock worth $2,634,000 after buying an additional 21,863 shares during the last quarter. ING Groep NV grew its stake in shares of CRH by 111.1% during the third quarter. ING Groep NV now owns 551,400 shares of the construction company’s stock worth $66,113,000 after buying an additional 290,200 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of CRH by 680.6% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 119,237 shares of the construction company’s stock worth $14,881,000 after buying an additional 103,962 shares during the last quarter. Finally, TD Asset Management Inc grew its stake in shares of CRH by 41.0% during the third quarter. TD Asset Management Inc now owns 2,758,784 shares of the construction company’s stock worth $330,778,000 after buying an additional 802,156 shares during the last quarter. Institutional investors own 62.50% of the company’s stock.

CRH Stock Performance

Shares of NYSE:CRH opened at $106.57 on Wednesday. The firm has a market cap of $71.21 billion, a PE ratio of 19.73, a price-to-earnings-growth ratio of 1.86 and a beta of 1.31. The firm’s fifty day moving average is $109.43 and its 200-day moving average is $116.37. Crh Plc has a 52 week low of $86.82 and a 52 week high of $131.55.

CRH (NYSE:CRH) last issued its quarterly earnings results on Thursday, April 30th. The construction company reported ($0.20) EPS 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 analyst estimates of $7.07 billion. CRH had a net margin of 9.65% and a return on equity of 15.37%. The business’s revenue for the quarter was up 9.1% on a year-over-year basis. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. Sell-side analysts forecast that Crh Plc will post 5.92 EPS for the current year.

CRH Announces Dividend

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

Analyst Ratings Changes

A number of research firms have weighed in on CRH. JPMorgan Chase & Co. boosted 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. DA Davidson set a $120.00 price target on shares of CRH in a report on Friday, February 20th. Weiss Ratings lowered shares of CRH from a “buy (b)” rating to a “hold (c+)” rating in a report on Monday, May 4th. Morgan Stanley reiterated an “overweight” rating and set a $139.00 price target on shares of CRH in a report on Wednesday, April 15th. Finally, Wells Fargo & Company lifted their price target on shares of CRH from $133.00 to $135.00 and gave the stock an “equal weight” rating in a report on Friday, February 20th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $139.54.

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.