Crh Plc $CRH Holdings Trimmed by Brown Advisory Inc.

Brown Advisory Inc. lowered its position in shares of Crh Plc (NYSE:CRH) by 3.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 280,634 shares of the construction company’s stock after selling 10,429 shares during the period. Brown Advisory Inc.’s holdings in CRH were worth $35,023,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Board of the Pension Protection Fund bought a new position in CRH during the fourth quarter valued at about $25,000. Harbor Investment Advisory LLC boosted its position in shares of CRH by 87.6% in the 4th quarter. Harbor Investment Advisory LLC now owns 212 shares of the construction company’s stock valued at $26,000 after purchasing an additional 99 shares during the period. Flagship Harbor Advisors LLC acquired a new position in shares of CRH in the 4th quarter valued at $26,000. Riggs Asset Managment Co. Inc. boosted its position in shares of CRH by 1,835.3% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 329 shares of the construction company’s stock valued at $30,000 after purchasing an additional 312 shares during the period. Finally, Elyxium Wealth LLC acquired a new position in shares of CRH in the 4th quarter valued at $37,000. Institutional investors own 62.50% of the company’s stock.

CRH Trading Up 3.1%

Shares of CRH stock opened at $109.77 on Tuesday. The stock has a 50-day moving average price of $109.66 and a 200 day moving average price of $115.96. The company has a market cap of $73.35 billion, a P/E ratio of 20.33, a P/E/G ratio of 1.85 and a beta of 1.31. Crh Plc has a 1 year low of $86.82 and a 1 year high of $131.55.

CRH (NYSE:CRH) last announced its quarterly earnings data 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. The firm had revenue of $7.37 billion during the quarter, compared to the consensus estimate of $7.07 billion. CRH had a return on equity of 15.37% and a net margin of 9.65%.The firm’s quarterly revenue 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. Stockholders of record on Friday, May 15th will be paid a dividend of $0.39 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.4%. CRH’s dividend payout ratio (DPR) is 28.89%.

Wall Street Analyst Weigh In

A number of equities analysts recently 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. increased their price target on CRH from $135.00 to $140.00 and gave the company an “overweight” rating in a research report on Tuesday, March 3rd. 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 report on Friday, February 20th. Morgan Stanley reiterated an “overweight” rating and issued a $139.00 price target on shares of CRH in a research report on Wednesday, April 15th. Finally, Weiss Ratings lowered CRH from a “buy (b)” rating to a “hold (c+)” rating in a research report on Monday, May 4th. Two research 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 company’s stock. Based on data from MarketBeat, CRH currently has a consensus rating of “Moderate Buy” and an average 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.