Crh Plc $CRH Shares Sold by 111 Capital

111 Capital lowered its stake in shares of Crh Plc (NYSE:CRH) by 77.6% in the fourth quarter, HoldingsChannel reports. The firm owned 1,830 shares of the construction company’s stock after selling 6,328 shares during the quarter. 111 Capital’s holdings in CRH were worth $228,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Board of the Pension Protection Fund acquired a new position in CRH during the 4th quarter valued at approximately $25,000. Flagship Harbor Advisors LLC acquired a new position in CRH during the 4th quarter valued at approximately $26,000. Harbor Investment Advisory LLC boosted its position in CRH by 87.6% during 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 period. Elyxium Wealth LLC acquired a new position in CRH during the 4th quarter valued at approximately $37,000. Finally, Eastern Bank acquired a new position in CRH during the 4th quarter valued at approximately $38,000. Institutional investors and hedge funds own 62.50% of the company’s stock.

CRH Stock Performance

Shares of CRH stock opened at $105.10 on Monday. Crh Plc has a 1 year low of $86.82 and a 1 year high of $131.55. The stock has a fifty day moving average of $109.57 and a two-hundred day moving average of $116.24. The firm has a market capitalization of $70.23 billion, a PE ratio of 19.46, a price-to-earnings-growth ratio of 1.83 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 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 company had revenue of $7.37 billion during the quarter, compared to analyst estimates of $7.07 billion. The company’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. Equities research analysts predict that Crh Plc will post 5.92 earnings per share for the current fiscal year.

CRH Announces Dividend

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 given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Friday, May 15th. CRH’s payout ratio is 28.89%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on CRH. Morgan Stanley restated an “overweight” rating and set a $139.00 price objective on shares of CRH in a research report on Wednesday, April 15th. JPMorgan Chase & Co. boosted 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 lowered CRH from a “buy (b)” rating to a “hold (c+)” rating in a research report on Monday, May 4th. Wells Fargo & Company boosted their price objective on CRH from $133.00 to $135.00 and gave the company an “equal weight” rating in a research report on Friday, February 20th. Finally, DA Davidson set a $120.00 price target on CRH in a research report 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 given a Hold rating to the company. According to MarketBeat, CRH has an average rating of “Moderate Buy” and an average price target 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.