38,027 Shares in Crh Plc $CRH Acquired by Capital Wealth Planning LLC

Capital Wealth Planning LLC purchased a new stake in Crh Plc (NYSE:CRH) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 38,027 shares of the construction company’s stock, valued at approximately $4,559,000.

Several other hedge funds have also recently bought and sold shares of the stock. Norges Bank acquired a new stake in shares of CRH in the 2nd quarter valued at $1,007,932,000. Massachusetts Financial Services Co. MA increased its position in shares of CRH by 24.3% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 12,803,346 shares of the construction company’s stock worth $1,175,347,000 after purchasing an additional 2,499,558 shares in the last quarter. Artisan Partners Limited Partnership acquired a new stake in shares of CRH during the 3rd quarter worth about $295,798,000. Marshall Wace LLP lifted its holdings in CRH by 45.3% during the 2nd quarter. Marshall Wace LLP now owns 6,031,903 shares of the construction company’s stock valued at $553,729,000 after purchasing an additional 1,881,550 shares during the last quarter. Finally, Citigroup Inc. lifted its holdings in CRH by 229.0% during the 3rd quarter. Citigroup Inc. now owns 1,811,126 shares of the construction company’s stock valued at $217,154,000 after purchasing an additional 1,260,558 shares during the last quarter. 62.50% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. BNP Paribas Exane raised shares of CRH to a “strong-buy” rating in a research note on Friday, January 23rd. Weiss Ratings reissued a “buy (b-)” rating on shares of CRH in a report on Monday, December 22nd. Jefferies Financial Group restated a “buy” rating on shares of CRH in a research report on Monday, December 1st. Citigroup raised their price target on CRH from $142.00 to $155.00 and gave the company a “buy” rating in a report on Thursday, January 8th. Finally, Morgan Stanley lifted their price objective on CRH from $140.00 to $141.00 and gave the company an “overweight” rating in a research report on Monday, March 2nd. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $137.86.

CRH Stock Up 0.0%

CRH stock opened at $99.74 on Friday. The business’s 50-day simple moving average is $120.94 and its 200 day simple moving average is $118.83. The stock has a market cap of $66.65 billion, a price-to-earnings ratio of 18.07, a P/E/G ratio of 1.74 and a beta of 1.33. Crh Plc has a 12-month low of $76.75 and a 12-month high of $131.55.

CRH (NYSE:CRH) last announced its quarterly earnings data on Wednesday, February 18th. The construction company reported $1.52 earnings per share for the quarter, missing the consensus estimate of $2.20 by ($0.68). CRH had a return on equity of 15.98% and a net margin of 10.02%.The firm had revenue of $5.42 billion for the quarter, compared to the consensus estimate of $11.15 billion. During the same period in the prior year, the firm posted $1.02 earnings per share. The business’s revenue for the quarter was up 6.2% 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 expect that Crh Plc will post 5.47 EPS for the current year.

CRH Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Friday, March 6th will be issued a $0.39 dividend. This is an increase from CRH’s previous quarterly dividend of $0.37. This represents a $1.56 annualized dividend and a yield of 1.6%. The ex-dividend date is Friday, March 6th. CRH’s dividend payout ratio (DPR) is currently 28.26%.

About CRH

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.