Entropy Technologies LP Raises Holdings in Crh Plc $CRH

Entropy Technologies LP lifted its holdings in Crh Plc (NYSE:CRH) by 119.7% in the 3rd quarter, Holdings Channel reports. The firm owned 51,451 shares of the construction company’s stock after acquiring an additional 28,035 shares during the period. Entropy Technologies LP’s holdings in CRH were worth $6,169,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. United Community Bank boosted its position in shares of CRH by 359.6% during the third quarter. United Community Bank now owns 239 shares of the construction company’s stock valued at $29,000 after buying an additional 187 shares during the last quarter. Riggs Asset Managment Co. Inc. raised its position 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 worth $30,000 after buying an additional 312 shares during the last quarter. Cornerstone Planning Group LLC lifted its stake in CRH by 139.3% during the 3rd quarter. Cornerstone Planning Group LLC now owns 268 shares of the construction company’s stock valued at $31,000 after acquiring an additional 156 shares during the period. Salomon & Ludwin LLC bought a new position in CRH during the 3rd quarter valued at about $32,000. Finally, Physician Wealth Advisors Inc. boosted its holdings in shares of CRH by 60.6% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 350 shares of the construction company’s stock valued at $42,000 after acquiring an additional 132 shares during the last quarter. 62.50% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on CRH shares. Morgan Stanley lifted their price target on shares of CRH from $140.00 to $141.00 and gave the stock an “overweight” rating in a research note on Monday, March 2nd. DA Davidson set a $120.00 target price on shares of CRH in a report on Friday, February 20th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of CRH in a research report on Monday, December 8th. UBS Group boosted their target price on shares of CRH from $138.00 to $147.00 and gave the company a “buy” rating in a research note on Thursday, January 8th. Finally, Longbow Research began coverage on CRH in a report on Tuesday, December 16th. They set a “buy” rating and a $160.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $137.86.

CRH Stock Down 4.2%

Shares of NYSE:CRH opened at $99.61 on Friday. The stock has a market capitalization of $66.56 billion, a PE ratio of 18.05, a price-to-earnings-growth ratio of 1.82 and a beta of 1.33. The firm’s 50 day moving average price is $121.47 and its 200-day moving average price is $118.92. Crh Plc has a twelve month low of $76.75 and a twelve month high of $131.55.

CRH (NYSE:CRH) last announced its earnings results on Wednesday, February 18th. The construction company reported $1.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.20 by ($0.68). CRH had a net margin of 10.02% and a return on equity of 15.98%. The business had revenue of $5.42 billion for the quarter, compared to the consensus estimate of $11.15 billion. During the same quarter last year, the firm posted $1.02 earnings per share. The business’s quarterly revenue was up 6.2% compared to the same quarter last year. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. Analysts expect that Crh Plc will post 5.47 earnings per share for the current fiscal year.

CRH Increases Dividend

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

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.