58,882 Shares in Crh Plc $CRH Purchased by BW Gestao de Investimentos Ltda.

BW Gestao de Investimentos Ltda. purchased a new position in Crh Plc (NYSE:CRH) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 58,882 shares of the construction company’s stock, valued at approximately $7,348,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. JFS Wealth Advisors LLC lifted its position in shares of CRH by 12.1% during the 4th quarter. JFS Wealth Advisors LLC now owns 794 shares of the construction company’s stock worth $99,000 after buying an additional 86 shares during the period. PDS Planning Inc raised its position in CRH by 2.3% in the 4th quarter. PDS Planning Inc now owns 4,000 shares of the construction company’s stock valued at $499,000 after purchasing an additional 89 shares during the last quarter. UMB Bank n.a. raised its position in CRH by 34.8% in the 3rd quarter. UMB Bank n.a. now owns 356 shares of the construction company’s stock valued at $43,000 after purchasing an additional 92 shares during the last quarter. Crossmark Global Holdings Inc. raised its position in CRH by 2.4% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 4,126 shares of the construction company’s stock valued at $495,000 after purchasing an additional 96 shares during the last quarter. Finally, Harbor Investment Advisory LLC raised its position in CRH by 87.6% in 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. Institutional investors and hedge funds own 62.50% of the company’s stock.

CRH Trading Down 1.8%

NYSE:CRH opened at $106.79 on Tuesday. Crh Plc has a 1 year low of $86.82 and a 1 year high of $131.55. The stock has a 50-day moving average price of $109.43 and a two-hundred day moving average price of $116.37. The stock has a market cap of $71.35 billion, a price-to-earnings ratio of 19.78, a PEG ratio of 1.89 and a beta of 1.31.

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 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 company had revenue of $7.37 billion during 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. Sell-side analysts forecast that Crh Plc will post 5.92 earnings per share for the current year.

CRH Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Friday, May 15th will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Friday, May 15th. CRH’s dividend payout ratio is 28.89%.

Analyst Ratings Changes

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

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.