Crh Plc $CRH Shares Sold by Strs Ohio

Strs Ohio lowered its position in shares of Crh Plc (NYSE:CRH) by 6.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 166,622 shares of the construction company’s stock after selling 10,567 shares during the period. Strs Ohio’s holdings in CRH were worth $17,515,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in CRH. Keybank National Association OH boosted its position in shares of CRH by 28.1% in the 1st quarter. Keybank National Association OH now owns 4,596 shares of the construction company’s stock valued at $483,000 after purchasing an additional 1,007 shares during the period. Center for Wealth Management Advisory acquired a new position in CRH during the first quarter worth approximately $1,340,000. Root Financial Partners LLC lifted its stake in CRH by 42.2% in the first quarter. Root Financial Partners LLC now owns 1,436 shares of the construction company’s stock valued at $151,000 after buying an additional 426 shares during the last quarter. Essex Financial Services Inc. lifted its stake in CRH by 8.2% in the first quarter. Essex Financial Services Inc. now owns 6,113 shares of the construction company’s stock valued at $643,000 after buying an additional 463 shares during the last quarter. Finally, Fulton Bank N.A. boosted its holdings in shares of CRH by 5.5% in the first quarter. Fulton Bank N.A. now owns 10,280 shares of the construction company’s stock valued at $1,081,000 after acquiring an additional 533 shares during the period. 62.50% of the stock is owned by hedge funds and other institutional investors.

CRH Trading Down 0.1%

NYSE:CRH opened at $107.41 on Friday. Crh Plc has a 12-month low of $91.22 and a 12-month high of $131.55. The stock’s 50 day simple moving average is $108.49 and its 200-day simple moving average is $114.80. The firm has a market cap of $71.77 billion, a P/E ratio of 19.89, a PEG ratio of 1.87 and a beta of 1.32.

CRH (NYSE:CRH) last posted its quarterly earnings data on Thursday, April 30th. The construction company reported ($0.20) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.22) by $0.02. The firm had revenue of $7.37 billion for the quarter, compared to analyst estimates of $7.07 billion. CRH had a net margin of 9.65% and a return on equity of 15.37%. CRH’s revenue for the quarter was up 9.1% on a year-over-year basis. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. Research analysts forecast that Crh Plc will post 5.92 EPS for the current fiscal year.

CRH Dividend Announcement

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

Wall Street Analysts Forecast Growth

CRH has been the topic of a number of recent research reports. Jefferies Financial Group lifted their target price on shares of CRH from $149.00 to $165.60 and gave the company a “buy” rating in a report on Friday, June 26th. Sanford C. Bernstein reissued an “outperform” rating on shares of CRH in a research report on Tuesday, June 23rd. Weiss Ratings lowered shares of CRH from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, June 18th. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $139.00 target price on shares of CRH in a report on Wednesday, April 15th. Two research 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 stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $141.40.

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.