Aviva PLC Has $366.88 Million Stock Holdings in Crh Plc $CRH

Aviva PLC increased its stake in shares of Crh Plc (NYSE:CRH) by 11.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,938,710 shares of the construction company’s stock after purchasing an additional 298,453 shares during the quarter. CRH makes up about 0.6% of Aviva PLC’s portfolio, making the stock its 22nd largest holding. Aviva PLC’s holdings in CRH were worth $366,876,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in CRH by 22.7% during the 4th quarter. Vanguard Group Inc. now owns 79,117,664 shares of the construction company’s stock worth $9,873,884,000 after purchasing an additional 14,623,673 shares in the last quarter. Geode Capital Management LLC increased its position in CRH by 67.3% during the 4th quarter. Geode Capital Management LLC now owns 14,709,575 shares of the construction company’s stock worth $1,827,252,000 after purchasing an additional 5,916,930 shares in the last quarter. State Street Corp increased its position in CRH by 2.9% during the 3rd quarter. State Street Corp now owns 13,728,016 shares of the construction company’s stock worth $1,645,995,000 after purchasing an additional 392,146 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in CRH by 0.6% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 12,439,954 shares of the construction company’s stock worth $1,552,506,000 after purchasing an additional 78,769 shares in the last quarter. Finally, Norges Bank acquired a new position in CRH during the 4th quarter worth approximately $1,476,939,000. 62.50% of the stock is currently owned by institutional investors and hedge funds.

CRH Price Performance

CRH opened at $104.95 on Friday. Crh Plc has a fifty-two week low of $86.82 and a fifty-two week high of $131.55. The firm has a market capitalization of $70.12 billion, a price-to-earnings ratio of 19.43, a PEG ratio of 1.74 and a beta of 1.31. The company’s 50 day moving average price is $109.55 and its two-hundred day moving average price is $116.05.

CRH (NYSE:CRH) last issued 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 net margin of 9.65% and a return on equity of 15.37%. The firm had revenue of $7.37 billion for the quarter, compared to the consensus estimate of $7.07 billion. The business’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 predict that Crh Plc will post 5.92 EPS for the current year.

CRH Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Stockholders of record on Friday, May 15th will be paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, May 15th. CRH’s dividend payout ratio is currently 28.89%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on CRH. Wells Fargo & Company upped their price objective on shares of CRH from $133.00 to $135.00 and gave the stock an “equal weight” rating in a research report on Friday, February 20th. JPMorgan Chase & Co. boosted their target price 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 target price on shares of CRH in a report on Friday, February 20th. Morgan Stanley reissued an “overweight” rating and set a $139.00 target price on shares of CRH in a report on Wednesday, April 15th. Finally, Weiss Ratings lowered shares of CRH from a “buy (b)” rating to a “hold (c+)” rating in a report on Monday, May 4th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company 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.