Securian Asset Management Inc. Buys Shares of 18,225 Crh Plc $CRH

Securian Asset Management Inc. bought a new stake in Crh Plc (NYSE:CRH) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 18,225 shares of the construction company’s stock, valued at approximately $2,274,000.

A number of other large investors have also recently modified their holdings of CRH. NewEdge Advisors LLC boosted its holdings in shares of CRH by 158.5% in the 1st quarter. NewEdge Advisors LLC now owns 8,670 shares of the construction company’s stock valued at $763,000 after purchasing an additional 5,316 shares in the last quarter. Empowered Funds LLC boosted its holdings in shares of CRH by 5.3% in the 1st quarter. Empowered Funds LLC now owns 13,178 shares of the construction company’s stock valued at $1,159,000 after purchasing an additional 658 shares in the last quarter. Sivia Capital Partners LLC boosted its holdings in shares of CRH by 58.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 4,279 shares of the construction company’s stock valued at $393,000 after purchasing an additional 1,579 shares in the last quarter. Sei Investments Co. boosted its holdings in shares of CRH by 18.9% in the 2nd quarter. Sei Investments Co. now owns 228,288 shares of the construction company’s stock valued at $20,957,000 after purchasing an additional 36,238 shares in the last quarter. Finally, Treasurer of the State of North Carolina boosted its holdings in shares of CRH by 0.7% in the 2nd quarter. Treasurer of the State of North Carolina now owns 316,818 shares of the construction company’s stock valued at $29,084,000 after purchasing an additional 2,348 shares in the last quarter. Institutional investors and hedge funds own 62.50% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on CRH. Wells Fargo & Company raised their target price on CRH from $133.00 to $135.00 and gave the company an “equal weight” rating in a report on Friday, February 20th. BNP Paribas Exane raised CRH to a “strong-buy” rating in a report on Friday, January 23rd. Weiss Ratings downgraded CRH from a “buy (b)” rating to a “hold (c+)” rating in a report on Monday, May 4th. DA Davidson set a $120.00 price objective on CRH in a report on Friday, February 20th. Finally, Morgan Stanley reissued an “overweight” rating and set a $139.00 price objective 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 assigned a Hold rating to the company. According to data from MarketBeat, CRH has an average rating of “Moderate Buy” and a consensus target price of $139.54.

CRH Stock Down 1.0%

NYSE CRH opened at $112.58 on Tuesday. Crh Plc has a twelve month low of $86.82 and a twelve month high of $131.55. The company has a market cap of $75.23 billion, a price-to-earnings ratio of 20.85, a price-to-earnings-growth ratio of 2.00 and a beta of 1.36. The business’s fifty day moving average is $110.24 and its 200 day moving average is $117.70.

CRH (NYSE:CRH) last released its quarterly earnings data 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 return on equity of 15.37% and a net margin of 9.65%.The company had revenue of $7.37 billion for the quarter, compared to the consensus estimate of $7.07 billion. The business’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, research analysts anticipate that Crh Plc will post 5.94 earnings per share for the current fiscal year.

CRH Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Friday, May 15th will be issued a dividend of $0.39 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $1.56 annualized dividend and a yield of 1.4%. CRH’s payout ratio is presently 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.