Crh Plc $CRH Shares Purchased by Fideuram Intesa Sanpaolo Private Banking S.P.A.

Fideuram Intesa Sanpaolo Private Banking S.P.A. increased its stake in shares of Crh Plc (NYSE:CRH) by 190.5% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 11,932 shares of the construction company’s stock after purchasing an additional 7,824 shares during the period. Fideuram Intesa Sanpaolo Private Banking S.P.A.’s holdings in CRH were worth $1,254,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Board of the Pension Protection Fund acquired a new position in CRH during the fourth quarter worth $25,000. Harbor Investment Advisory LLC grew its stake 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 buying an additional 99 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new stake in shares of CRH in the fourth quarter valued at $26,000. Riggs Asset Managment Co. Inc. raised its holdings in shares of CRH by 1,835.3% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 329 shares of the construction company’s stock valued at $30,000 after buying an additional 312 shares during the period. Finally, Bell Investment Advisors Inc raised its holdings in shares of CRH by 51.2% in the 1st quarter. Bell Investment Advisors Inc now owns 304 shares of the construction company’s stock valued at $32,000 after buying an additional 103 shares during the period. Institutional investors and hedge funds own 62.50% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Jefferies Financial Group raised their target price on CRH from $149.00 to $165.60 and gave the company a “buy” rating in a report on Friday, June 26th. Morgan Stanley reiterated an “overweight” rating and set a $139.00 price target on shares of CRH in a research note on Wednesday, April 15th. Weiss Ratings cut shares of CRH from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, June 18th. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of CRH in a research note on Tuesday, June 23rd. 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 presently has a consensus rating of “Moderate Buy” and an average price target of $141.40.

CRH Price Performance

NYSE:CRH opened at $107.41 on Friday. The firm has a market capitalization of $71.77 billion, a PE ratio of 19.89, a price-to-earnings-growth ratio of 1.87 and a beta of 1.32. The business’s fifty day moving average price is $108.49 and its 200 day moving average price is $114.80. Crh Plc has a 12 month low of $91.22 and a 12 month high of $131.55.

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

CRH Announces Dividend

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

CRH 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.