Entropy Technologies LP Purchases 28,035 Shares of Crh Plc $CRH

Entropy Technologies LP lifted its position in Crh Plc (NYSE:CRH) by 119.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor 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 institutional investors and hedge funds also recently made changes to their positions in the company. NewEdge Advisors LLC grew its stake in CRH by 158.5% in the first quarter. NewEdge Advisors LLC now owns 8,670 shares of the construction company’s stock worth $763,000 after purchasing an additional 5,316 shares during the period. Empowered Funds LLC boosted its holdings in shares of CRH by 5.3% during the 1st quarter. Empowered Funds LLC now owns 13,178 shares of the construction company’s stock valued at $1,159,000 after buying an additional 658 shares in the last quarter. Sivia Capital Partners LLC boosted its holdings in shares of CRH by 58.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 4,279 shares of the construction company’s stock valued at $393,000 after buying an additional 1,579 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its position in shares of CRH by 596.5% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 46,340 shares of the construction company’s stock worth $4,254,000 after buying an additional 39,687 shares during the period. Finally, Midwest Trust Co purchased a new stake in shares of CRH in the 2nd quarter worth about $419,000. Hedge funds and other institutional investors own 62.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on CRH shares. Longbow Research started coverage on shares of CRH in a research report on Tuesday, December 16th. They set a “buy” rating and a $160.00 price target for the company. JPMorgan Chase & Co. upped their price objective on shares of CRH from $135.00 to $140.00 and gave the stock an “overweight” rating in a report on Tuesday, March 3rd. Morgan Stanley raised their target price on shares of CRH from $140.00 to $141.00 and gave the company an “overweight” rating in a research note on Monday, March 2nd. Citigroup lifted their target price on shares of CRH from $142.00 to $155.00 and gave the company a “buy” rating in a report on Thursday, January 8th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of CRH in a research report on Monday, December 22nd. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $137.86.

CRH Price Performance

Shares of CRH stock opened at $99.61 on Friday. The stock has a market cap of $66.56 billion, a price-to-earnings ratio of 18.05, a PEG ratio of 1.82 and a beta of 1.33. The firm’s 50-day moving average is $121.47 and its 200 day moving average is $118.92. Crh Plc has a 1 year low of $76.75 and a 1 year high of $131.55.

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

CRH Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Friday, March 6th will be given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 1.6%. This is an increase from CRH’s previous quarterly dividend of $0.37. The ex-dividend date of this dividend is Friday, March 6th. CRH’s payout ratio is 28.26%.

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.