Crh Plc $CRH Shares Bought by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Crh Plc (NYSE:CRH) by 1.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,834,210 shares of the construction company’s stock after purchasing an additional 41,266 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.’s holdings in CRH were worth $339,802,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of CRH. NewEdge Advisors LLC lifted its holdings in shares of CRH by 158.5% during 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 increased its holdings in CRH by 5.3% in the 1st quarter. Empowered Funds LLC now owns 13,178 shares of the construction company’s stock worth $1,159,000 after buying an additional 658 shares during the period. Sivia Capital Partners LLC increased its holdings in CRH by 58.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 4,279 shares of the construction company’s stock worth $393,000 after buying an additional 1,579 shares during the period. PNC Financial Services Group Inc. raised its position in CRH by 1.2% during the 2nd quarter. PNC Financial Services Group Inc. now owns 11,972 shares of the construction company’s stock worth $1,099,000 after buying an additional 146 shares during the last quarter. Finally, Creative Planning raised its position in CRH by 9.2% during the 2nd quarter. Creative Planning now owns 38,134 shares of the construction company’s stock worth $3,501,000 after buying an additional 3,209 shares during the last quarter. 62.50% of the stock is currently owned by hedge funds and other institutional investors.

CRH Price Performance

Shares of NYSE CRH opened at $103.04 on Tuesday. The stock has a market capitalization of $68.86 billion, a price-to-earnings ratio of 18.67, a PEG ratio of 1.74 and a beta of 1.33. Crh Plc has a 12 month low of $76.75 and a 12 month high of $131.55. The firm’s 50 day simple moving average is $120.43 and its 200-day simple moving average is $118.83.

CRH (NYSE:CRH) last posted its earnings results on Wednesday, February 18th. The construction company reported $1.52 earnings per share 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 firm had revenue of $5.42 billion for the quarter, compared to analysts’ expectations of $11.15 billion. During the same period last year, the firm earned $1.02 earnings per share. CRH’s revenue for the quarter 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 anticipate that Crh Plc will post 5.47 earnings per share for the current fiscal year.

CRH Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Friday, March 6th will be issued a $0.39 dividend. The ex-dividend date of this dividend is Friday, March 6th. This is a positive change from CRH’s previous quarterly dividend of $0.37. This represents a $1.56 dividend on an annualized basis and a yield of 1.5%. CRH’s dividend payout ratio is presently 28.26%.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of CRH in a report on Monday, December 22nd. DA Davidson set a $120.00 target price on shares of CRH in a report on Friday, February 20th. JPMorgan Chase & Co. boosted their target price on shares of CRH from $135.00 to $140.00 and gave the company an “overweight” rating in a research report on Tuesday, March 3rd. BNP Paribas Exane raised shares of CRH to a “strong-buy” rating in a report on Friday, January 23rd. Finally, Morgan Stanley increased their price target on CRH from $140.00 to $141.00 and gave the stock an “overweight” rating in a research report on Monday, March 2nd. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $137.86.

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.