Commerzbank Aktiengesellschaft FI Has $1.84 Million Position in Crh Plc $CRH

Commerzbank Aktiengesellschaft FI grew its position in Crh Plc (NYSE:CRH) by 438.0% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 17,544 shares of the construction company’s stock after acquiring an additional 14,283 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in CRH were worth $1,844,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. NewEdge Advisors LLC raised its stake in CRH by 158.5% during the 1st quarter. NewEdge Advisors LLC now owns 8,670 shares of the construction company’s stock worth $763,000 after buying an additional 5,316 shares during the period. Empowered Funds LLC grew its stake in CRH by 5.3% in the first quarter. Empowered Funds LLC now owns 13,178 shares of the construction company’s stock valued at $1,159,000 after acquiring an additional 658 shares during the period. Sivia Capital Partners LLC grew its stake in CRH by 58.5% in the second quarter. Sivia Capital Partners LLC now owns 4,279 shares of the construction company’s stock valued at $393,000 after acquiring an additional 1,579 shares during the period. Sei Investments Co. increased its holdings in shares of CRH by 18.9% in the second quarter. Sei Investments Co. now owns 228,288 shares of the construction company’s stock worth $20,957,000 after acquiring an additional 36,238 shares in the last quarter. Finally, Treasurer of the State of North Carolina increased its holdings in shares of CRH by 0.7% in the second quarter. Treasurer of the State of North Carolina now owns 316,818 shares of the construction company’s stock worth $29,084,000 after acquiring an additional 2,348 shares in the last quarter. Institutional investors own 62.50% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on CRH shares. Wells Fargo & Company cut their price objective on CRH from $135.00 to $132.00 and set an “overweight” rating on the stock in a report on Wednesday, July 8th. Weiss Ratings cut CRH from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, June 18th. Morgan Stanley restated an “overweight” rating and set a $139.00 target price on shares of CRH in a report on Wednesday, April 15th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of CRH in a research note on Tuesday, June 23rd. Finally, Jefferies Financial Group upped their price target on shares of CRH from $149.00 to $165.60 and gave the company a “buy” rating in a report on Friday, June 26th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $141.19.

CRH Price Performance

CRH stock opened at $99.80 on Wednesday. The stock has a market capitalization of $66.69 billion, a P/E ratio of 18.48, a P/E/G ratio of 1.73 and a beta of 1.32. The business has a 50-day moving average of $105.84 and a 200-day moving average of $112.79. Crh Plc has a fifty-two week low of $93.58 and a fifty-two week high of $131.55.

CRH (NYSE:CRH) last announced its earnings results 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. The business had revenue of $7.37 billion for the quarter, compared to analyst estimates of $7.07 billion. CRH had a return on equity of 15.37% and a net margin of 9.65%.The company’s quarterly revenue was up 9.1% on a year-over-year basis. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. Equities analysts expect that Crh Plc will post 5.96 EPS for the current year.

CRH Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Friday, May 15th were issued a $0.39 dividend. The ex-dividend date was Friday, May 15th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.6%. CRH’s dividend payout ratio (DPR) is 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.