New York State Teachers Retirement System Purchases 21,333 Shares of Crh Plc $CRH

New York State Teachers Retirement System boosted its holdings in Crh Plc (NYSE:CRH) by 4.9% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 456,887 shares of the construction company’s stock after buying an additional 21,333 shares during the period. New York State Teachers Retirement System owned 0.07% of CRH worth $48,028,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of CRH. JFS Wealth Advisors LLC boosted its stake in shares of CRH by 12.1% in the fourth quarter. JFS Wealth Advisors LLC now owns 794 shares of the construction company’s stock worth $99,000 after acquiring an additional 86 shares during the period. Waddell & Associates LLC raised its stake in CRH by 3.8% during the 4th quarter. Waddell & Associates LLC now owns 2,352 shares of the construction company’s stock valued at $294,000 after purchasing an additional 87 shares during the period. PDS Planning Inc raised its stake in CRH by 2.3% during the 4th quarter. PDS Planning Inc now owns 4,000 shares of the construction company’s stock valued at $499,000 after purchasing an additional 89 shares during the period. Crossmark Global Holdings Inc. lifted its holdings in CRH by 2.4% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 4,126 shares of the construction company’s stock worth $495,000 after purchasing an additional 96 shares in the last quarter. Finally, Harbor Investment Advisory LLC lifted its holdings in CRH by 87.6% in the 4th quarter. Harbor Investment Advisory LLC now owns 212 shares of the construction company’s stock worth $26,000 after purchasing an additional 99 shares in the last quarter. 62.50% of the stock is owned by institutional investors.

CRH Trading Down 0.1%

Shares of CRH stock opened at $107.41 on Friday. The firm has a market cap of $71.77 billion, a PE ratio of 19.89, a PEG ratio of 1.87 and a beta of 1.32. The stock has a 50 day moving average of $108.49 and a 200 day moving average of $114.80. Crh Plc has a 12 month low of $91.22 and a 12 month high of $131.55.

CRH (NYSE:CRH) last released its quarterly earnings data on Thursday, April 30th. The construction company reported ($0.20) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.22) by $0.02. The business had revenue of $7.37 billion for the quarter, compared to the consensus estimate of $7.07 billion. CRH had a return on equity of 15.37% and a net margin of 9.65%.The company’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, equities research analysts forecast that Crh Plc will post 5.92 earnings per share for the current fiscal year.

CRH Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Friday, May 15th were paid a dividend of $0.39 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $1.56 dividend on an annualized basis and a yield of 1.5%. CRH’s dividend payout ratio is presently 28.89%.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Morgan Stanley restated an “overweight” rating and issued a $139.00 price target on shares of CRH in a research note on Wednesday, April 15th. Weiss Ratings cut shares of CRH from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, June 18th. Sanford C. Bernstein reissued an “outperform” rating on shares of CRH in a report on Tuesday, June 23rd. Finally, Jefferies Financial Group upped their target price on shares of CRH from $149.00 to $165.60 and gave the stock a “buy” rating in a research report on Friday, June 26th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, CRH currently has an average rating of “Moderate Buy” and a consensus price target of $141.40.

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.