Sei Investments Co. Increases Holdings in Crh Plc $CRH

Sei Investments Co. lifted its stake in shares of Crh Plc (NYSE:CRH) by 6.5% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 435,347 shares of the construction company’s stock after purchasing an additional 26,430 shares during the quarter. Sei Investments Co.’s holdings in CRH were worth $45,767,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Lido Advisors LLC boosted its stake in CRH by 109.0% in the 1st quarter. Lido Advisors LLC now owns 13,291 shares of the construction company’s stock worth $1,402,000 after purchasing an additional 6,932 shares during the period. Militia Capital Management LLC bought a new stake in shares of CRH during the first quarter valued at about $631,000. First Trust Advisors LP lifted its holdings in shares of CRH by 120.4% in the first quarter. First Trust Advisors LP now owns 355,255 shares of the construction company’s stock worth $37,345,000 after buying an additional 194,088 shares in the last quarter. Saturna Capital Corp lifted its holdings in shares of CRH by 51.4% in the first quarter. Saturna Capital Corp now owns 264,355 shares of the construction company’s stock worth $27,789,000 after buying an additional 89,750 shares in the last quarter. Finally, Himension Capital Singapore PTE. LTD. boosted its position in shares of CRH by 67.5% in the first quarter. Himension Capital Singapore PTE. LTD. now owns 37,087 shares of the construction company’s stock valued at $3,899,000 after acquiring an additional 14,947 shares during the period. Hedge funds and other institutional investors own 62.50% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on CRH shares. Jefferies Financial Group boosted their price objective on shares of CRH from $149.00 to $165.60 and gave the company a “buy” rating in a research note on Friday, June 26th. Weiss Ratings downgraded shares of CRH from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, June 18th. Wells Fargo & Company reduced their price target on shares of CRH from $135.00 to $132.00 and set an “overweight” rating for the company in a research report on Wednesday, July 8th. Morgan Stanley reaffirmed an “overweight” rating and issued a $139.00 price target on shares of CRH in a report on Wednesday, April 15th. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of CRH in a research report on Tuesday, June 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $141.19.

CRH Trading Up 0.1%

Shares of NYSE CRH opened at $99.99 on Monday. The business has a 50-day moving average of $105.41 and a 200-day moving average of $112.21. The firm has a market capitalization of $66.81 billion, a price-to-earnings ratio of 18.52, a PEG ratio of 1.72 and a beta of 1.32. Crh Plc has a 12 month low of $93.58 and a 12 month high of $131.55.

CRH (NYSE:CRH) last announced its earnings results 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. 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 the consensus estimate 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. On average, analysts predict that Crh Plc will post 5.96 earnings per share for the current year.

CRH Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Friday, May 15th were given a dividend of $0.39 per share. The ex-dividend date was Friday, May 15th. This represents a $1.56 annualized dividend and a dividend yield of 1.6%. CRH’s dividend payout ratio (DPR) is 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.