Crh Plc $CRH Stock Holdings Trimmed by William Blair Investment Management LLC

William Blair Investment Management LLC lowered its stake in Crh Plc (NYSE:CRH) by 30.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 70,051 shares of the construction company’s stock after selling 30,667 shares during the quarter. William Blair Investment Management LLC’s holdings in CRH were worth $8,742,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Board of the Pension Protection Fund acquired a new stake in CRH in the 4th quarter valued at about $25,000. Flagship Harbor Advisors LLC acquired a new position in CRH in the 4th quarter worth approximately $26,000. Harbor Investment Advisory LLC boosted its position in shares of CRH by 87.6% in the fourth quarter. Harbor Investment Advisory LLC now owns 212 shares of the construction company’s stock worth $26,000 after buying an additional 99 shares during the period. United Community Bank boosted its position in CRH by 359.6% during the 3rd quarter. United Community Bank now owns 239 shares of the construction company’s stock worth $29,000 after acquiring an additional 187 shares during the period. Finally, Cornerstone Planning Group LLC boosted its holdings in shares of CRH by 139.3% during the third quarter. Cornerstone Planning Group LLC now owns 268 shares of the construction company’s stock worth $31,000 after purchasing an additional 156 shares during the period. 62.50% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have commented on CRH shares. Morgan Stanley restated an “overweight” rating and issued a $139.00 target price on shares of CRH in a research note on Wednesday, April 15th. JPMorgan Chase & Co. lifted their target price on shares of CRH from $135.00 to $140.00 and gave the company an “overweight” rating in a research note on Tuesday, March 3rd. Weiss Ratings downgraded shares of CRH from a “buy (b)” rating to a “hold (c+)” rating in a research report on Monday, May 4th. DA Davidson set a $120.00 price target on shares of CRH in a research note on Friday, February 20th. Finally, Wells Fargo & Company raised their price target on shares of CRH from $133.00 to $135.00 and gave the company an “equal weight” rating in a report on Friday, February 20th. Two 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. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $139.54.

CRH Price Performance

CRH stock opened at $102.24 on Wednesday. Crh Plc has a fifty-two week low of $86.82 and a fifty-two week high of $131.55. The firm has a fifty day moving average price of $109.06 and a two-hundred day moving average price of $116.56. The firm has a market cap of $68.32 billion, a price-to-earnings ratio of 18.93, a P/E/G ratio of 1.75 and a beta of 1.36.

CRH (NYSE:CRH) last issued its quarterly earnings results on Thursday, April 30th. The construction company reported ($0.20) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.22) by $0.02. The company had revenue of $7.37 billion for 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 firm’s quarterly revenue was up 9.1% on a year-over-year basis. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. As a group, sell-side analysts expect that Crh Plc will post 5.92 earnings per share for the current year.

CRH Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Friday, May 15th will be issued a $0.39 dividend. The ex-dividend date of this dividend 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 28.89%.

About CRH

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.