Fieldview Capital Management LLC Cuts Holdings in Crh Plc $CRH

Fieldview Capital Management LLC trimmed its holdings in shares of Crh Plc (NYSE:CRH) by 81.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 7,087 shares of the construction company’s stock after selling 30,955 shares during the quarter. Fieldview Capital Management LLC’s holdings in CRH were worth $884,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Board of the Pension Protection Fund purchased a new position in CRH during the fourth quarter valued at approximately $25,000. Harbor Investment Advisory LLC increased its holdings in CRH by 87.6% during the fourth quarter. Harbor Investment Advisory LLC now owns 212 shares of the construction company’s stock valued at $26,000 after buying an additional 99 shares during the period. Flagship Harbor Advisors LLC purchased a new position in CRH during the fourth quarter valued at approximately $26,000. Riggs Asset Managment Co. Inc. increased its holdings in CRH by 1,835.3% during the second quarter. Riggs Asset Managment Co. Inc. now owns 329 shares of the construction company’s stock valued at $30,000 after buying an additional 312 shares during the period. Finally, Elyxium Wealth LLC purchased a new position in CRH during the fourth quarter valued at approximately $37,000. 62.50% of the stock is owned by hedge funds and other institutional investors.

CRH Price Performance

NYSE CRH opened at $106.41 on Monday. The company has a market capitalization of $71.11 billion, a PE ratio of 19.71, a P/E/G ratio of 1.85 and a beta of 1.31. The company has a fifty day moving average of $109.55 and a 200 day moving average of $116.00. Crh Plc has a 1 year low of $86.82 and a 1 year high of $131.55.

CRH (NYSE:CRH) last released its quarterly earnings results on Thursday, April 30th. The construction company reported ($0.20) earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $7.07 billion. 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. Research analysts expect that Crh Plc will post 5.92 earnings per share for the current year.

CRH Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Weiss Ratings lowered shares of CRH from a “buy (b)” rating to a “hold (c+)” rating in a report on Monday, May 4th. Wells Fargo & Company lifted their price target on shares of CRH from $133.00 to $135.00 and gave the stock an “equal weight” rating in a report on Friday, February 20th. JPMorgan Chase & Co. lifted their price target on shares of CRH from $135.00 to $140.00 and gave the stock an “overweight” rating in a report on Tuesday, March 3rd. DA Davidson set a $120.00 price target on shares of CRH in a report on Friday, February 20th. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $139.00 price target on shares of CRH in a report on Wednesday, April 15th. Two investment 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’s stock. Based on data from MarketBeat.com, the stock has an average 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.