Crh Plc $CRH Stock Position Cut by Public Employees Retirement Association of Colorado

Public Employees Retirement Association of Colorado lessened its stake in Crh Plc (NYSE:CRH) by 3.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 969,345 shares of the construction company’s stock after selling 30,927 shares during the period. Public Employees Retirement Association of Colorado owned 0.14% of CRH worth $120,974,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Board of the Pension Protection Fund bought a new position in CRH in the 4th quarter valued at about $25,000. Flagship Harbor Advisors LLC bought a new position in CRH in the 4th quarter valued at about $26,000. Harbor Investment Advisory LLC grew 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 valued at $26,000 after buying an additional 99 shares in the last quarter. Meeder Asset Management Inc. grew its position in CRH by 29,400.0% in the 4th quarter. Meeder Asset Management Inc. now owns 295 shares of the construction company’s stock valued at $37,000 after buying an additional 294 shares in the last quarter. Finally, Elyxium Wealth LLC bought a new position in CRH in the 4th quarter valued at about $37,000. Institutional investors own 62.50% of the company’s stock.

CRH Trading Down 0.1%

NYSE:CRH opened at $106.41 on Monday. Crh Plc has a twelve month low of $86.82 and a twelve month high of $131.55. The company has a 50-day moving average of $109.55 and a 200-day moving average of $116.00. The firm has a market cap of $71.11 billion, a price-to-earnings ratio of 19.71, a price-to-earnings-growth ratio of 1.85 and a beta of 1.31.

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

CRH Announces Dividend

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

Wall Street Analyst Weigh In

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

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.