Barings LLC Has $32.29 Million Stock Holdings in Crh Plc $CRH

Barings LLC cut its position in shares of Crh Plc (NYSE:CRH) by 7.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 258,726 shares of the construction company’s stock after selling 19,772 shares during the quarter. CRH accounts for 0.6% of Barings LLC’s portfolio, making the stock its 23rd biggest holding. Barings LLC’s holdings in CRH were worth $32,289,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. DJE Kapital AG grew its position in CRH by 16.8% during the fourth quarter. DJE Kapital AG now owns 59,757 shares of the construction company’s stock worth $7,583,000 after buying an additional 8,590 shares in the last quarter. Principal Securities Inc. grew its position in CRH by 21.4% during the fourth quarter. Principal Securities Inc. now owns 33,899 shares of the construction company’s stock worth $4,231,000 after buying an additional 5,969 shares in the last quarter. Great Lakes Advisors LLC acquired a new stake in CRH during the fourth quarter worth about $254,000. Aviva PLC lifted its stake in CRH by 11.3% during the fourth quarter. Aviva PLC now owns 2,938,710 shares of the construction company’s stock worth $366,876,000 after purchasing an additional 298,453 shares during the period. Finally, Banco BTG Pactual S.A. bought a new position in CRH during the fourth quarter worth about $251,000. 62.50% of the stock is owned by institutional investors and hedge funds.

CRH Price Performance

Shares of NYSE CRH opened at $104.95 on Friday. The company’s 50 day simple moving average is $109.55 and its 200 day simple moving average is $116.05. Crh Plc has a fifty-two week low of $86.82 and a fifty-two week high of $131.55. The firm has a market capitalization of $70.12 billion, a P/E ratio of 19.43, a P/E/G ratio of 1.74 and a beta of 1.31.

CRH (NYSE:CRH) last posted its quarterly earnings results 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 return on equity of 15.37% and a net margin of 9.65%.The business had revenue of $7.37 billion for the quarter, compared to analyst estimates of $7.07 billion. CRH’s quarterly revenue was up 9.1% compared to the same quarter last year. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. Sell-side analysts expect that Crh Plc will post 5.92 EPS for the current fiscal year.

CRH Announces Dividend

The firm also recently announced 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. The ex-dividend date is Friday, May 15th. This represents a $1.56 annualized dividend and a yield of 1.5%. CRH’s payout ratio is currently 28.89%.

Analyst Ratings Changes

CRH has been the subject of a number of analyst reports. Morgan Stanley restated an “overweight” rating and set a $139.00 price target on shares of CRH in a research note on Wednesday, April 15th. JPMorgan Chase & Co. raised their price target 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 research note on Friday, February 20th. Weiss Ratings cut shares of CRH from a “buy (b)” rating to a “hold (c+)” rating in a research note on Monday, May 4th. Finally, Wells Fargo & Company raised their price target on shares of CRH from $133.00 to $135.00 and gave the stock an “equal weight” rating in a research note on Friday, February 20th. 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 stock. Based on data from MarketBeat.com, the stock presently has a consensus 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.