Crh Plc $CRH Shares Bought by Pinnbrook Capital Management LP

Pinnbrook Capital Management LP grew its stake in shares of Crh Plc (NYSE:CRH) by 57.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 40,831 shares of the construction company’s stock after acquiring an additional 14,883 shares during the period. Pinnbrook Capital Management LP’s holdings in CRH were worth $5,096,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. FourThought Financial Partners LLC lifted its position in shares of CRH by 7.3% during the 4th quarter. FourThought Financial Partners LLC now owns 2,779 shares of the construction company’s stock valued at $347,000 after acquiring an additional 188 shares during the last quarter. Global Retirement Partners LLC lifted its position in shares of CRH by 120.1% during the 4th quarter. Global Retirement Partners LLC now owns 9,988 shares of the construction company’s stock valued at $1,247,000 after acquiring an additional 5,451 shares during the last quarter. Hi Line Capital Management LLC lifted its position in shares of CRH by 6.2% during the 4th quarter. Hi Line Capital Management LLC now owns 76,894 shares of the construction company’s stock valued at $9,596,000 after acquiring an additional 4,500 shares during the last quarter. Leonteq Securities AG acquired a new stake in shares of CRH during the 4th quarter valued at $490,000. Finally, IFP Advisors Inc lifted its position in shares of CRH by 20.5% during the 4th quarter. IFP Advisors Inc now owns 1,247 shares of the construction company’s stock valued at $156,000 after acquiring an additional 212 shares during the last quarter. Institutional investors and hedge funds own 62.50% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on CRH shares. Wells Fargo & Company increased their price objective on CRH from $133.00 to $135.00 and gave the company an “equal weight” rating in a research report on Friday, February 20th. JPMorgan Chase & Co. raised their target price on CRH from $135.00 to $140.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 3rd. DA Davidson set a $120.00 target price on CRH in a research report on Friday, February 20th. Morgan Stanley reaffirmed an “overweight” rating and issued a $139.00 target price on shares of CRH in a research report on Wednesday, April 15th. Finally, BNP Paribas Exane raised CRH to a “strong-buy” rating in a research report on Friday, January 23rd. 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 stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $139.54.

CRH Price Performance

CRH stock opened at $101.10 on Friday. The company has a market capitalization of $67.55 billion, a price-to-earnings ratio of 18.72, a PEG ratio of 1.77 and a beta of 1.36. Crh Plc has a one year low of $86.82 and a one year high of $131.55. The company’s fifty day moving average price is $109.07 and its two-hundred day moving average price is $116.89.

CRH (NYSE:CRH) last posted its earnings results on Thursday, April 30th. The construction company reported ($0.20) EPS for the quarter, topping the consensus estimate of ($0.22) by $0.02. The firm had revenue of $7.37 billion for the quarter, compared to the consensus estimate of $7.07 billion. CRH had a net margin of 9.65% and a return on equity of 15.37%. CRH’s 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. As a group, sell-side analysts anticipate that Crh Plc will post 5.91 earnings per share for the current year.

CRH Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders 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 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.