Global Retirement Partners LLC Has $1.25 Million Stake in Crh Plc $CRH

Global Retirement Partners LLC grew its stake in Crh Plc (NYSE:CRH) by 120.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,988 shares of the construction company’s stock after purchasing an additional 5,451 shares during the period. Global Retirement Partners LLC’s holdings in CRH were worth $1,247,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of CRH. Vanguard Group Inc. grew its position in CRH by 22.7% in 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 during the last quarter. Artisan Partners Limited Partnership acquired a new stake in CRH in the 3rd quarter worth $295,798,000. Alkeon Capital Management LLC acquired a new stake in CRH in the 3rd quarter worth $209,825,000. SG Americas Securities LLC grew its position in CRH by 9,615.1% in the 4th quarter. SG Americas Securities LLC now owns 1,386,928 shares of the construction company’s stock worth $173,089,000 after purchasing an additional 1,372,652 shares during the last quarter. Finally, Citigroup Inc. grew its position in CRH by 229.0% in the 3rd quarter. Citigroup Inc. now owns 1,811,126 shares of the construction company’s stock worth $217,154,000 after purchasing an additional 1,260,558 shares during the last quarter. 62.50% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have issued reports on CRH. DA Davidson set a $120.00 price target on shares of CRH in a research report on Friday, February 20th. JPMorgan Chase & Co. lifted their target price on shares of 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 report on Wednesday, April 15th. Weiss Ratings lowered shares of CRH from a “buy (b)” rating to a “hold (c+)” rating in a research report on Monday, May 4th. Finally, Wells Fargo & Company lifted their target price on shares of CRH from $133.00 to $135.00 and gave the company an “equal weight” rating in a research report on Friday, February 20th. Two investment 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $139.54.

CRH Stock Performance

Shares of CRH stock opened at $100.47 on Monday. The firm’s 50-day simple moving average is $109.00 and its 200-day simple moving average is $116.77. Crh Plc has a twelve month low of $86.82 and a twelve month high of $131.55. The firm has a market cap of $67.13 billion, a P/E ratio of 18.61, a price-to-earnings-growth ratio of 1.75 and a beta of 1.36.

CRH (NYSE:CRH) last issued its earnings results on Thursday, April 30th. The construction company reported ($0.20) earnings per share 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 business 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% on a year-over-year basis. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. On average, equities analysts forecast that Crh Plc will post 5.92 earnings per share for the current fiscal year.

CRH Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Friday, May 15th will be issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Friday, May 15th. CRH’s dividend payout ratio (DPR) is currently 28.89%.

CRH 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.