Banque Transatlantique SA Buys 5,632 Shares of Crh Plc $CRH

Banque Transatlantique SA grew its stake in shares of Crh Plc (NYSE:CRH) by 1.8% during the 4th quarter, Holdings Channel reports. The firm owned 318,068 shares of the construction company’s stock after buying an additional 5,632 shares during the period. CRH comprises about 1.0% of Banque Transatlantique SA’s investment portfolio, making the stock its 22nd biggest position. Banque Transatlantique SA’s holdings in CRH were worth $39,610,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. raised its position in CRH by 22.7% during the fourth quarter. Vanguard Group Inc. now owns 79,117,664 shares of the construction company’s stock worth $9,873,884,000 after acquiring an additional 14,623,673 shares in the last quarter. Norges Bank bought a new stake in shares of CRH in the 4th quarter valued at about $1,476,939,000. State Street Corp raised its holdings in shares of CRH by 81.3% in the 4th quarter. State Street Corp now owns 24,895,205 shares of the construction company’s stock valued at $3,106,927,000 after purchasing an additional 11,167,189 shares during the period. Geode Capital Management LLC lifted its stake in CRH by 67.3% in the 4th quarter. Geode Capital Management LLC now owns 14,709,575 shares of the construction company’s stock valued at $1,827,252,000 after purchasing an additional 5,916,930 shares during the last quarter. Finally, Artisan Partners Limited Partnership acquired a new stake in CRH in the 3rd quarter valued at about $295,798,000. Institutional investors own 62.50% of the company’s stock.

CRH Stock Up 1.9%

Shares of CRH stock opened at $111.45 on Friday. Crh Plc has a 12-month low of $86.82 and a 12-month high of $131.55. The company has a market capitalization of $74.47 billion, a price-to-earnings ratio of 20.64, a PEG ratio of 1.90 and a beta of 1.31. The firm’s 50-day moving average price is $109.99 and its two-hundred day moving average price is $115.78.

CRH (NYSE:CRH) last issued its earnings results on Thursday, April 30th. The construction company reported ($0.20) EPS 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 company had revenue of $7.37 billion during the quarter, compared to analysts’ expectations of $7.07 billion. The firm’s 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. On average, sell-side analysts expect that Crh Plc will post 5.92 earnings per share for the current year.

CRH Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Friday, May 15th were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Friday, May 15th. CRH’s dividend payout ratio (DPR) is 28.89%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. DA Davidson set a $120.00 price target on CRH in a research report on Friday, February 20th. JPMorgan Chase & Co. raised 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. 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. Weiss Ratings lowered CRH from a “buy (b)” rating to a “hold (c+)” rating in a report on Monday, May 4th. Finally, Wells Fargo & Company increased their price target on CRH from $133.00 to $135.00 and gave the company an “equal weight” rating in a research note 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 stock. According to MarketBeat.com, CRH presently has an average rating of “Moderate Buy” and a consensus target price of $139.54.

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.