Crh Plc $CRH Shares Acquired by Capital Wealth Planning LLC

Capital Wealth Planning LLC lifted its position in shares of Crh Plc (NYSE:CRH) by 23.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 46,975 shares of the construction company’s stock after buying an additional 8,948 shares during the period. Capital Wealth Planning LLC’s holdings in CRH were worth $5,940,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in CRH. NewEdge Advisors LLC increased its holdings in shares of CRH by 158.5% during the 1st quarter. NewEdge Advisors LLC now owns 8,670 shares of the construction company’s stock worth $763,000 after buying an additional 5,316 shares during the last quarter. Empowered Funds LLC increased its holdings in shares of CRH by 5.3% during the 1st quarter. Empowered Funds LLC now owns 13,178 shares of the construction company’s stock worth $1,159,000 after buying an additional 658 shares during the last quarter. Sivia Capital Partners LLC increased its holdings in shares of CRH by 58.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 4,279 shares of the construction company’s stock worth $393,000 after buying an additional 1,579 shares during the last quarter. Sei Investments Co. increased its holdings in shares of CRH by 18.9% during the 2nd quarter. Sei Investments Co. now owns 228,288 shares of the construction company’s stock worth $20,957,000 after buying an additional 36,238 shares during the last quarter. Finally, Treasurer of the State of North Carolina increased its holdings in shares of CRH by 0.7% during the 2nd quarter. Treasurer of the State of North Carolina now owns 316,818 shares of the construction company’s stock worth $29,084,000 after buying an additional 2,348 shares during the last quarter. Institutional investors and hedge funds own 62.50% of the company’s stock.

CRH Stock Performance

CRH stock opened at $100.17 on Thursday. Crh Plc has a fifty-two week low of $86.82 and a fifty-two week high of $131.55. The firm has a 50 day moving average price of $109.55 and a 200 day moving average price of $116.08. The company has a market capitalization of $66.93 billion, a PE ratio of 18.55, a price-to-earnings-growth ratio of 1.80 and a beta of 1.31.

CRH (NYSE:CRH) last posted its earnings results on Thursday, April 30th. The construction company reported ($0.20) earnings per share for the quarter, beating the consensus estimate of ($0.22) by $0.02. CRH had a net margin of 9.65% and a return on equity of 15.37%. The firm had revenue of $7.37 billion during the quarter, compared to the consensus estimate 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. As a group, equities research analysts forecast that Crh Plc will post 5.92 earnings per share for the current year.

CRH Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Friday, May 15th will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 1.6%. The ex-dividend date is Friday, May 15th. CRH’s dividend payout ratio (DPR) is 28.89%.

Analysts Set New Price Targets

CRH has been the subject of a number of recent analyst reports. Weiss Ratings downgraded shares of CRH from a “buy (b)” rating to a “hold (c+)” rating in a report on Monday, May 4th. Morgan Stanley restated an “overweight” rating and set a $139.00 price target on shares of CRH in a report 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 report on Tuesday, March 3rd. DA Davidson set a $120.00 price target on shares of CRH in a report on Friday, February 20th. 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 report on Friday, February 20th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, CRH currently has an average 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.