DJE Kapital AG Acquires 8,590 Shares of Crh Plc $CRH

DJE Kapital AG lifted its holdings in Crh Plc (NYSE:CRH) by 16.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 59,757 shares of the construction company’s stock after purchasing an additional 8,590 shares during the quarter. DJE Kapital AG’s holdings in CRH were worth $7,583,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Board of the Pension Protection Fund bought a new stake in shares of CRH in the fourth quarter worth $25,000. Harbor Investment Advisory LLC lifted its position 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 worth $26,000 after purchasing an additional 99 shares in the last quarter. Flagship Harbor Advisors LLC bought a new stake in shares of CRH in the fourth quarter worth $26,000. Riggs Asset Managment Co. Inc. lifted its position in shares of CRH by 1,835.3% in the second quarter. Riggs Asset Managment Co. Inc. now owns 329 shares of the construction company’s stock worth $30,000 after purchasing an additional 312 shares in the last quarter. Finally, Elyxium Wealth LLC bought a new stake in shares of CRH in the fourth quarter worth $37,000. Institutional investors own 62.50% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on CRH. DA Davidson set a $120.00 price objective on shares of CRH in a research report on Friday, February 20th. Wells Fargo & Company boosted 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. Weiss Ratings lowered shares of CRH from a “buy (b)” rating to a “hold (c+)” rating in a research report on Monday, May 4th. JPMorgan Chase & Co. upped their price target on shares of CRH from $135.00 to $140.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 3rd. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $139.00 price target on shares of CRH in a research report on Wednesday, April 15th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $139.54.

CRH Trading Up 5.0%

NYSE CRH opened at $104.95 on Friday. The firm’s fifty day moving average price is $109.55 and its two-hundred day moving average price is $116.05. Crh Plc has a 1 year low of $86.82 and a 1 year high of $131.55. The firm has a market capitalization of $70.12 billion, a P/E ratio of 19.43, a price-to-earnings-growth ratio of 1.74 and a beta of 1.31.

CRH (NYSE:CRH) last posted 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 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 analyst estimates of $7.07 billion. CRH’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. On average, research analysts anticipate that Crh Plc will post 5.92 EPS for the current fiscal year.

CRH Dividend Announcement

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

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.