53,454 Shares in Crh Plc $CRH Acquired by Pacer Advisors Inc.

Pacer Advisors Inc. acquired a new position in shares of Crh Plc (NYSE:CRH) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 53,454 shares of the construction company’s stock, valued at approximately $6,671,000.

Other large investors also recently added to or reduced their stakes in the company. Board of the Pension Protection Fund acquired a new stake in shares of CRH in the 4th quarter worth $25,000. Flagship Harbor Advisors LLC acquired a new position in shares of CRH during the 4th quarter valued at about $26,000. Harbor Investment Advisory LLC grew its holdings in shares of CRH by 87.6% in the fourth 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 period. Kemnay Advisory Services Inc. purchased a new stake in shares of CRH in the fourth quarter valued at about $33,000. Finally, Meeder Asset Management Inc. increased its position in CRH by 29,400.0% during the fourth quarter. Meeder Asset Management Inc. now owns 295 shares of the construction company’s stock worth $37,000 after purchasing an additional 294 shares during the last quarter. 62.50% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on CRH shares. Weiss Ratings downgraded shares of CRH from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday. Morgan Stanley reiterated an “overweight” rating and issued a $139.00 price objective on shares of CRH in a research report on Wednesday, April 15th. Finally, JPMorgan Chase & Co. lifted their target price on CRH from $135.00 to $140.00 and gave the company an “overweight” rating in a research report on Tuesday, March 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $139.54.

CRH Stock Performance

Shares of CRH opened at $111.45 on Monday. The stock has a 50-day simple moving average of $109.94 and a 200-day simple moving average of $115.72. The stock has a market capitalization of $74.47 billion, a PE ratio of 20.64, a PEG ratio of 1.94 and a beta of 1.31. Crh Plc has a 1 year low of $86.82 and a 1 year high of $131.55.

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

CRH Announces Dividend

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