Leuthold Group LLC Buys Shares of 43,668 Crh Plc $CRH

Leuthold Group LLC bought a new stake in shares of Crh Plc (NYSE:CRH) during the 4th quarter, Holdings Channel reports. The firm bought 43,668 shares of the construction company’s stock, valued at approximately $5,450,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Board of the Pension Protection Fund bought a new position in CRH during the 4th quarter valued at about $25,000. Harbor Investment Advisory LLC lifted its stake in CRH by 87.6% during the 4th quarter. Harbor Investment Advisory LLC now owns 212 shares of the construction company’s stock valued at $26,000 after acquiring an additional 99 shares during the period. Flagship Harbor Advisors LLC bought a new position in CRH during the 4th quarter valued at about $26,000. United Community Bank lifted its stake in CRH by 359.6% during the 3rd quarter. United Community Bank now owns 239 shares of the construction company’s stock valued at $29,000 after acquiring an additional 187 shares during the period. Finally, Riggs Asset Managment Co. Inc. lifted its stake in CRH by 1,835.3% during the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 329 shares of the construction company’s stock valued at $30,000 after acquiring an additional 312 shares during the period. Institutional investors own 62.50% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. Wells Fargo & Company upped their target price on shares of CRH from $133.00 to $135.00 and gave the company an “equal weight” rating in a research note on Friday, February 20th. BNP Paribas Exane upgraded shares of CRH to a “strong-buy” rating in a research note on Friday, January 23rd. Morgan Stanley reiterated an “overweight” rating and issued a $139.00 price objective on shares of CRH in a research note on Wednesday, April 15th. JPMorgan Chase & Co. increased their price objective on shares of CRH from $135.00 to $140.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 3rd. Finally, DA Davidson set a $120.00 price objective on shares of CRH in a research note on Friday, February 20th. Two equities research 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 stock. Based on data from MarketBeat, CRH presently has a consensus rating of “Moderate Buy” and a consensus target price of $139.54.

CRH Stock Down 3.9%

Shares of NYSE:CRH opened at $103.40 on Friday. The firm’s 50 day moving average price is $109.58 and its 200-day moving average price is $117.41. Crh Plc has a twelve month low of $86.82 and a twelve month high of $131.55. The stock has a market capitalization of $69.09 billion, a PE ratio of 19.15, a price-to-earnings-growth ratio of 1.80 and a beta of 1.36.

CRH (NYSE:CRH) last issued its quarterly earnings data 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 for the quarter, compared to analysts’ expectations of $7.07 billion. The company’s revenue for the quarter was up 9.1% 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 5.9 earnings per share for the current fiscal year.

CRH Dividend Announcement

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

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.