Crh Plc $CRH Shares Sold by Evelyn Partners Investment Management LLP

Evelyn Partners Investment Management LLP decreased its position in shares of Crh Plc (NYSE:CRH) by 1.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,035,861 shares of the construction company’s stock after selling 12,931 shares during the period. CRH comprises 3.6% of Evelyn Partners Investment Management LLP’s portfolio, making the stock its 7th biggest position. Evelyn Partners Investment Management LLP owned about 0.15% of CRH worth $129,275,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Board of the Pension Protection Fund acquired a new stake in shares of CRH during the fourth quarter worth approximately $25,000. Harbor Investment Advisory LLC increased its holdings in shares of CRH by 87.6% during the fourth quarter. Harbor Investment Advisory LLC now owns 212 shares of the construction company’s stock worth $26,000 after buying an additional 99 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new stake in shares of CRH in the fourth quarter valued at approximately $26,000. Riggs Asset Managment Co. Inc. increased its holdings in shares of CRH by 1,835.3% in the second 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 in the last quarter. Finally, Elyxium Wealth LLC acquired a new stake in shares of CRH in the fourth quarter valued at approximately $37,000. Institutional investors and hedge funds own 62.50% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Wells Fargo & Company raised their price target on shares of CRH from $133.00 to $135.00 and gave the company an “equal weight” rating in a report on Friday, February 20th. Morgan Stanley reissued an “overweight” rating and issued a $139.00 price target on shares of CRH in a report on Wednesday, April 15th. Weiss Ratings lowered shares of CRH from a “buy (b)” rating to a “hold (c+)” rating in a report on Monday, May 4th. JPMorgan Chase & Co. raised their price target on shares of CRH from $135.00 to $140.00 and gave the company an “overweight” rating in a report on Tuesday, March 3rd. Finally, DA Davidson set a $120.00 price target on shares of CRH in a report on Friday, February 20th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $139.54.

CRH Stock Performance

Shares of CRH stock opened at $106.41 on Friday. Crh Plc has a 52-week low of $86.82 and a 52-week high of $131.55. The stock has a market cap of $71.11 billion, a PE ratio of 19.71, a PEG ratio of 1.85 and a beta of 1.31. The firm’s 50 day moving average price is $109.55 and its two-hundred day moving average price is $115.98.

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, 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 firm had revenue of $7.37 billion for the quarter, compared to analysts’ expectations of $7.07 billion. The firm’s revenue was up 9.1% on a year-over-year basis. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. As a group, sell-side analysts predict 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 given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, May 15th. CRH’s dividend payout ratio (DPR) is currently 28.89%.

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.