Catalyst Funds Management Pty Ltd Sells 71,555 Shares of Crh Plc $CRH

Catalyst Funds Management Pty Ltd decreased its holdings in shares of Crh Plc (NYSE:CRH) by 94.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 4,000 shares of the construction company’s stock after selling 71,555 shares during the period. Catalyst Funds Management Pty Ltd’s holdings in CRH were worth $499,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. increased its holdings in shares of CRH by 22.7% in the 4th quarter. Vanguard Group Inc. now owns 79,117,664 shares of the construction company’s stock worth $9,873,884,000 after buying an additional 14,623,673 shares during the last quarter. Artisan Partners Limited Partnership purchased a new stake in shares of CRH during the 3rd quarter valued at about $295,798,000. Alkeon Capital Management LLC bought a new position in shares of CRH in the 3rd quarter valued at about $209,825,000. SG Americas Securities LLC lifted its holdings in shares of CRH by 9,615.1% in the 4th quarter. SG Americas Securities LLC now owns 1,386,928 shares of the construction company’s stock valued at $173,089,000 after acquiring an additional 1,372,652 shares during the last quarter. Finally, Citigroup Inc. grew its position in CRH by 229.0% in the third quarter. Citigroup Inc. now owns 1,811,126 shares of the construction company’s stock worth $217,154,000 after acquiring an additional 1,260,558 shares in the last quarter. Institutional investors own 62.50% of the company’s stock.

Analyst Ratings Changes

CRH has been the topic of several analyst reports. Morgan Stanley reissued an “overweight” rating and set a $139.00 price objective on shares of CRH in a research note on Wednesday, April 15th. DA Davidson set a $120.00 price objective on CRH in a research note on Friday, February 20th. Wells Fargo & Company lifted their target price on CRH from $133.00 to $135.00 and gave the stock an “equal weight” rating in a report on Friday, February 20th. Weiss Ratings downgraded CRH from a “buy (b)” rating to a “hold (c+)” rating in a research report on Monday, May 4th. Finally, JPMorgan Chase & Co. increased their price target on CRH from $135.00 to $140.00 and gave the company an “overweight” rating in a report on Tuesday, March 3rd. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $139.54.

CRH Trading Up 0.1%

Shares of NYSE:CRH opened at $100.47 on Monday. Crh Plc has a 12 month low of $86.82 and a 12 month high of $131.55. The company has a market capitalization of $67.13 billion, a price-to-earnings ratio of 18.61, a PEG ratio of 1.75 and a beta of 1.36. The firm’s 50-day moving average is $109.00 and its 200 day moving average is $116.77.

CRH (NYSE:CRH) last announced its quarterly earnings data on Thursday, April 30th. The construction company reported ($0.20) earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to the consensus estimate of $7.07 billion. The business’s revenue was up 9.1% on a year-over-year basis. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. As a group, equities analysts forecast that Crh Plc will post 5.92 EPS for the current fiscal year.

CRH Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Friday, May 15th will be paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Friday, May 15th. CRH’s dividend payout ratio (DPR) is currently 28.89%.

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.