Crh Plc $CRH is Hillman Co.’s 6th Largest Position

Hillman Co. lowered its stake in shares of Crh Plc (NYSE:CRH) by 33.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 183,213 shares of the construction company’s stock after selling 90,239 shares during the period. CRH accounts for about 7.5% of Hillman Co.’s investment portfolio, making the stock its 6th largest position. Hillman Co.’s holdings in CRH were worth $19,259,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the stock. Board of the Pension Protection Fund purchased a new position in CRH during the fourth quarter valued at $25,000. Flagship Harbor Advisors LLC purchased a new stake in CRH in the 4th quarter worth $26,000. Harbor Investment Advisory LLC boosted its holdings in shares of CRH by 87.6% during the 4th 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 during the last quarter. Kemnay Advisory Services Inc. bought a new position in CRH during the fourth quarter valued at approximately $33,000. Finally, Meeder Asset Management Inc. grew its holdings in shares of CRH by 29,400.0% in the fourth quarter. Meeder Asset Management Inc. now owns 295 shares of the construction company’s stock valued at $37,000 after purchasing an additional 294 shares in the last quarter. Hedge funds and other institutional investors own 62.50% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Morgan Stanley restated an “overweight” rating and issued a $139.00 target price on shares of CRH in a report on Wednesday, April 15th. JPMorgan Chase & Co. lifted their target price on CRH from $135.00 to $140.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 3rd. Weiss Ratings cut shares of CRH from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, June 18th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of CRH in a research note on Tuesday, June 23rd. Finally, Jefferies Financial Group lifted their price objective on shares of CRH from $149.00 to $165.60 and gave the company a “buy” rating in a report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $141.40.

CRH Trading Down 3.1%

CRH opened at $108.87 on Tuesday. Crh Plc has a 12-month low of $91.22 and a 12-month high of $131.55. The firm has a 50 day moving average of $109.33 and a two-hundred day moving average of $115.27. The firm has a market capitalization of $72.75 billion, a PE ratio of 20.16, a P/E/G ratio of 1.95 and a beta of 1.31.

CRH (NYSE:CRH) last released its quarterly earnings data 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 net margin of 9.65% and a return on equity of 15.37%. The business had revenue of $7.37 billion for the quarter, compared to the consensus estimate of $7.07 billion. 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, analysts predict that Crh Plc will post 5.92 EPS for the current fiscal year.

CRH Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Friday, May 15th were given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Friday, May 15th. CRH’s dividend payout ratio (DPR) is currently 28.89%.

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.