Crh Plc $CRH Shares Sold by Brown Advisory Inc.

Brown Advisory Inc. decreased its position in Crh Plc (NYSE:CRH) by 3.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 280,634 shares of the construction company’s stock after selling 10,429 shares during the quarter. Brown Advisory Inc.’s holdings in CRH were worth $35,023,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. grew its position in CRH by 680.6% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 119,237 shares of the construction company’s stock valued at $14,881,000 after acquiring an additional 103,962 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in shares of CRH by 28.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,007,042 shares of the construction company’s stock valued at $120,744,000 after buying an additional 221,107 shares during the last quarter. TD Asset Management Inc boosted its stake in shares of CRH by 41.0% during the 3rd quarter. TD Asset Management Inc now owns 2,758,784 shares of the construction company’s stock valued at $330,778,000 after buying an additional 802,156 shares during the last quarter. Pacific Capital Partners Ltd boosted its stake in shares of CRH by 47.1% during the 4th quarter. Pacific Capital Partners Ltd now owns 43,750 shares of the construction company’s stock valued at $5,460,000 after buying an additional 14,000 shares during the last quarter. Finally, Lansdowne Partners UK LLP boosted its stake in shares of CRH by 23.4% during the 3rd quarter. Lansdowne Partners UK LLP now owns 648,129 shares of the construction company’s stock valued at $77,711,000 after buying an additional 122,915 shares during the last quarter. Institutional investors and hedge funds own 62.50% of the company’s stock.

Analyst Upgrades and Downgrades

CRH has been the subject of several research analyst reports. Weiss Ratings cut CRH from a “buy (b)” rating to a “hold (c+)” rating in a research note on Monday, May 4th. DA Davidson set a $120.00 target price on CRH in a research note on Friday, February 20th. Morgan Stanley reiterated an “overweight” rating and set a $139.00 target price on shares of CRH in a research note on Wednesday, April 15th. JPMorgan Chase & Co. increased their target price on CRH from $135.00 to $140.00 and gave the company an “overweight” rating in a research note on Tuesday, March 3rd. Finally, Wells Fargo & Company upped their price target on CRH from $133.00 to $135.00 and gave the company an “equal weight” rating in a research report on Friday, February 20th. Two analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, CRH currently has an average rating of “Moderate Buy” and a consensus target price of $139.54.

CRH Price Performance

Shares of NYSE CRH opened at $109.77 on Tuesday. Crh Plc has a 1-year low of $86.82 and a 1-year high of $131.55. The business’s fifty day moving average price is $109.66 and its two-hundred day moving average price is $115.96. The firm has a market capitalization of $73.35 billion, a PE ratio of 20.33, a P/E/G ratio of 1.85 and a beta of 1.31.

CRH (NYSE:CRH) last issued its earnings results on Thursday, April 30th. The construction company reported ($0.20) earnings per share 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 firm had revenue of $7.37 billion for the quarter, compared to analyst estimates of $7.07 billion. CRH’s quarterly revenue 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 expect 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. Stockholders of record on Friday, May 15th will be paid 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 1.4%. CRH’s dividend payout ratio is presently 28.89%.

CRH Company 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.