Voss Capital LP Cuts Holdings in Crh Plc $CRH

Voss Capital LP trimmed its holdings in shares of Crh Plc (NYSE:CRH) by 61.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 85,809 shares of the construction company’s stock after selling 139,191 shares during the period. CRH comprises 0.5% of Voss Capital LP’s investment portfolio, making the stock its 28th biggest holding. Voss Capital LP’s holdings in CRH were worth $10,709,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Board of the Pension Protection Fund purchased a new position in CRH in the 4th quarter valued at approximately $25,000. Harbor Investment Advisory LLC increased its stake in CRH by 87.6% in the 4th quarter. Harbor Investment Advisory LLC now owns 212 shares of the construction company’s stock valued at $26,000 after purchasing an additional 99 shares in the last quarter. Flagship Harbor Advisors LLC purchased a new position in CRH in the 4th quarter valued at approximately $26,000. Riggs Asset Managment Co. Inc. increased its stake in CRH by 1,835.3% in the 2nd 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 purchased a new position in CRH in the 4th quarter valued at approximately $37,000. 62.50% of the stock is owned by hedge funds and other institutional investors.

CRH Stock Performance

Shares of NYSE:CRH opened at $106.41 on Friday. The business’s fifty day moving average price is $109.55 and its two-hundred day moving average price is $115.98. The stock has a market cap of $71.11 billion, a PE ratio of 19.71, a price-to-earnings-growth ratio of 1.82 and a beta of 1.31. Crh Plc has a one year low of $86.82 and a one year high of $131.55.

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

CRH Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Stockholders of record on Friday, May 15th will be issued a dividend of $0.39 per share. The ex-dividend date is Friday, May 15th. This represents a $1.56 annualized dividend and a dividend yield of 1.5%. CRH’s dividend payout ratio (DPR) is 28.89%.

Wall Street Analyst Weigh In

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

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.