Crh Plc (NYSE:CRH) Receives Average Rating of “Moderate Buy” from Brokerages

Crh Plc (NYSE:CRH) has earned a consensus recommendation of “Moderate Buy” from the seventeen brokerages that are covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation, twelve have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $141.40.

CRH has been the subject of several research analyst reports. Sanford C. Bernstein reissued an “outperform” rating on shares of CRH in a report on Tuesday, June 23rd. Jefferies Financial Group lifted their target price on CRH from $149.00 to $165.60 and gave the stock a “buy” rating in a report on Friday, June 26th. Morgan Stanley reissued an “overweight” rating and issued a $139.00 target price on shares of CRH in a research note on Wednesday, April 15th. Finally, Weiss Ratings lowered CRH from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, June 18th.

Institutional Investors Weigh In On CRH

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in CRH by 22.7% in the 4th quarter. Vanguard Group Inc. now owns 79,117,664 shares of the construction company’s stock worth $9,873,884,000 after purchasing an additional 14,623,673 shares during the period. Norges Bank acquired a new position in shares of CRH during the fourth quarter worth about $1,476,939,000. State Street Corp boosted its position in shares of CRH by 81.3% during the fourth quarter. State Street Corp now owns 24,895,205 shares of the construction company’s stock worth $3,106,927,000 after buying an additional 11,167,189 shares during the period. Geode Capital Management LLC grew its holdings in shares of CRH by 67.3% during the fourth quarter. Geode Capital Management LLC now owns 14,709,575 shares of the construction company’s stock worth $1,827,252,000 after buying an additional 5,916,930 shares in the last quarter. Finally, Amundi raised its position in CRH by 74.7% in the 1st quarter. Amundi now owns 5,965,814 shares of the construction company’s stock valued at $627,126,000 after buying an additional 2,550,178 shares during the last quarter. 62.50% of the stock is currently owned by institutional investors and hedge funds.

CRH Trading Down 2.2%

Shares of CRH stock traded down $2.36 on Tuesday, reaching $105.22. The company had a trading volume of 140,116 shares, compared to its average volume of 5,046,205. The stock has a market cap of $70.31 billion, a PE ratio of 19.51, a PEG ratio of 1.87 and a beta of 1.32. The company has a 50-day moving average of $108.49 and a 200-day moving average of $114.72. CRH has a 12 month low of $91.22 and a 12 month high of $131.55.

CRH (NYSE:CRH) last released 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 business had revenue of $7.37 billion for the quarter, compared to analyst estimates of $7.07 billion. 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. Sell-side analysts anticipate that CRH will post 5.92 earnings per share for the current year.

CRH Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Friday, May 15th were paid a $0.39 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $1.56 dividend on an annualized basis and a yield of 1.5%. CRH’s payout ratio 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.