Stephens Inc. AR Has $862,000 Holdings in Crh Plc $CRH

Stephens Inc. AR increased its holdings in shares of Crh Plc (NYSE:CRH) by 164.4% during the first quarter, Holdings Channel.com reports. The fund owned 8,203 shares of the construction company’s stock after purchasing an additional 5,100 shares during the quarter. Stephens Inc. AR’s holdings in CRH were worth $862,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of CRH by 22.7% in the fourth quarter. Vanguard Group Inc. now owns 79,117,664 shares of the construction company’s stock valued at $9,873,884,000 after buying an additional 14,623,673 shares in the last quarter. State Street Corp increased its stake in CRH by 81.3% during the 4th quarter. State Street Corp now owns 24,895,205 shares of the construction company’s stock worth $3,106,927,000 after acquiring an additional 11,167,189 shares during the period. Geode Capital Management LLC raised its holdings in CRH by 67.3% in the 4th quarter. Geode Capital Management LLC now owns 14,709,575 shares of the construction company’s stock valued at $1,827,252,000 after acquiring an additional 5,916,930 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its position in shares of CRH by 0.6% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 12,439,954 shares of the construction company’s stock valued at $1,552,506,000 after acquiring an additional 78,769 shares during the period. Finally, Norges Bank acquired a new stake in shares of CRH during the 4th quarter worth $1,476,939,000. Institutional investors own 62.50% of the company’s stock.

CRH Price Performance

Shares of CRH stock traded up $0.29 on Friday, hitting $104.65. 1,996,992 shares of the company’s stock were exchanged, compared to its average volume of 4,513,190. The company has a 50 day moving average of $107.40 and a 200 day moving average of $114.08. The stock has a market cap of $69.93 billion, a P/E ratio of 19.38, a price-to-earnings-growth ratio of 1.82 and a beta of 1.32. Crh Plc has a 12 month low of $91.22 and a 12 month high of $131.55.

CRH (NYSE:CRH) last issued its earnings results on Thursday, April 30th. The construction company reported ($0.20) EPS for the quarter, topping the consensus estimate of ($0.22) by $0.02. The firm had revenue of $7.37 billion during 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 business’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. Sell-side analysts predict that Crh Plc will post 5.92 EPS for the current fiscal year.

CRH Announces Dividend

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

Analysts Set New Price Targets

A number of brokerages recently commented on CRH. Wells Fargo & Company decreased their price target on CRH from $135.00 to $132.00 and set an “overweight” rating on the stock in a research report on Wednesday. Jefferies Financial Group increased their price objective on shares of CRH from $149.00 to $165.60 and gave the stock a “buy” rating in a research note on Friday, June 26th. Morgan Stanley reissued an “overweight” rating and issued a $139.00 target price on shares of CRH in a report on Wednesday, April 15th. Weiss Ratings downgraded shares of CRH from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, June 18th. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of CRH in a research report on Tuesday, June 23rd. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, CRH currently has an average rating of “Buy” and an average price target of $141.19.

CRH Company 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.