Leuthold Group LLC Invests $5.45 Million in Crh Plc $CRH

Leuthold Group LLC acquired a new position in Crh Plc (NYSE:CRH) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 43,668 shares of the construction company’s stock, valued at approximately $5,450,000.

A number of other hedge funds have also recently made changes to their positions in CRH. NewEdge Advisors LLC raised its holdings in CRH by 158.5% during the 1st quarter. NewEdge Advisors LLC now owns 8,670 shares of the construction company’s stock valued at $763,000 after buying an additional 5,316 shares during the last quarter. Empowered Funds LLC increased its position in CRH by 5.3% during 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 during the period. Sivia Capital Partners LLC increased its position in CRH by 58.5% during 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 during the period. Sei Investments Co. increased its position in CRH by 18.9% during 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 during the period. Finally, Treasurer of the State of North Carolina increased its position in CRH by 0.7% during 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 during the period. 62.50% of the stock is currently owned by institutional investors.

CRH Stock Performance

Shares of CRH stock opened at $103.40 on Friday. Crh Plc has a one year low of $86.82 and a one year high of $131.55. The company’s 50-day moving average is $109.58 and its 200 day moving average is $117.41. The company has a market capitalization of $69.09 billion, a price-to-earnings ratio of 19.15, a price-to-earnings-growth ratio of 1.80 and a beta of 1.36.

CRH (NYSE:CRH) last announced its quarterly earnings data on Thursday, April 30th. The construction company reported ($0.20) EPS 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 company had revenue of $7.37 billion for the quarter, compared to the consensus estimate of $7.07 billion. The firm’s revenue for the quarter was up 9.1% compared to the same quarter last year. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. As a group, research analysts predict that Crh Plc will post 5.9 earnings per share for the current fiscal year.

CRH Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Friday, May 15th will be given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Friday, May 15th. CRH’s dividend payout ratio is 28.89%.

Analysts Set New Price Targets

A number of brokerages have issued reports on CRH. Morgan Stanley reissued an “overweight” rating and set a $139.00 price objective on shares of CRH in a research report on Wednesday, April 15th. Wells Fargo & Company boosted their price objective 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. BNP Paribas Exane raised shares of CRH to a “strong-buy” rating in a research report on Friday, January 23rd. JPMorgan Chase & Co. upped their target price on shares of CRH from $135.00 to $140.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 3rd. Finally, Weiss Ratings downgraded shares of 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 assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $139.54.

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.