Stephens Inc. AR Acquires 5,100 Shares of Crh Plc $CRH

Stephens Inc. AR grew its stake in Crh Plc (NYSE:CRH) by 164.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,203 shares of the construction company’s stock after acquiring an additional 5,100 shares during the period. Stephens Inc. AR’s holdings in CRH were worth $862,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of CRH. Board of the Pension Protection Fund bought a new position in CRH in the fourth quarter valued at approximately $25,000. Flagship Harbor Advisors LLC bought a new stake in shares of CRH during the 4th quarter worth approximately $26,000. Harbor Investment Advisory LLC boosted its holdings in shares of CRH by 87.6% in the 4th quarter. Harbor Investment Advisory LLC now owns 212 shares of the construction company’s stock valued at $26,000 after buying an additional 99 shares during the last quarter. Kemnay Advisory Services Inc. bought a new position in shares of CRH in the fourth quarter valued at $33,000. Finally, Meeder Asset Management Inc. grew its stake in shares of CRH by 29,400.0% in the fourth quarter. Meeder Asset Management Inc. now owns 295 shares of the construction company’s stock valued at $37,000 after buying an additional 294 shares in the last quarter. Institutional investors own 62.50% of the company’s stock.

CRH Stock Up 0.3%

Shares of CRH traded up $0.29 during trading hours on Friday, hitting $104.65. The company had a trading volume of 1,996,992 shares, compared to its average volume of 4,513,190. The business has a fifty day moving average of $107.40 and a 200-day moving average of $114.08. The firm has a market cap of $69.93 billion, a price-to-earnings ratio of 19.38, a PEG 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 announced 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 business had revenue of $7.37 billion during the quarter, compared to the consensus estimate of $7.07 billion. CRH had a net margin of 9.65% and a return on equity of 15.37%. The business’s revenue was up 9.1% compared to the same quarter last year. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. On average, equities analysts expect that Crh Plc will post 5.92 EPS for the current fiscal year.

CRH Announces Dividend

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

Wall Street Analyst Weigh In

Several research firms have issued reports on CRH. Jefferies Financial Group upped their price target on shares of CRH from $149.00 to $165.60 and gave the stock a “buy” rating in a research report on Friday, June 26th. Sanford C. Bernstein restated an “outperform” rating on shares of CRH in a research note on Tuesday, June 23rd. Morgan Stanley reaffirmed an “overweight” rating and issued a $139.00 target price on shares of CRH in a report on Wednesday, April 15th. Weiss Ratings cut CRH from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, June 18th. Finally, Wells Fargo & Company cut their price objective on CRH from $135.00 to $132.00 and set an “overweight” rating for the company in a research report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus 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.