Transatlantique Private Wealth LLC Has $2.55 Million Stock Position in Crh Plc $CRH

Transatlantique Private Wealth LLC grew its holdings in shares of Crh Plc (NYSE:CRH) by 308.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,403 shares of the construction company’s stock after buying an additional 15,403 shares during the quarter. Transatlantique Private Wealth LLC’s holdings in CRH were worth $2,550,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in CRH. Vanguard Group Inc. grew its holdings in shares of CRH by 22.7% during the fourth quarter. Vanguard Group Inc. now owns 79,117,664 shares of the construction company’s stock valued at $9,873,884,000 after buying an additional 14,623,673 shares during the last quarter. Norges Bank acquired a new position in shares of CRH during the fourth quarter valued at about $1,476,939,000. 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 valued at $1,827,252,000 after buying an additional 5,916,930 shares during the last quarter. Artisan Partners Limited Partnership acquired a new position in shares of CRH during the third quarter valued at about $295,798,000. Finally, National Pension Service acquired a new position in shares of CRH during the fourth quarter valued at about $258,172,000. 62.50% of the stock is currently owned by institutional investors and hedge funds.

CRH Price Performance

CRH opened at $106.06 on Thursday. The company’s 50-day moving average is $109.58 and its 200 day moving average is $116.29. Crh Plc has a fifty-two week low of $86.82 and a fifty-two week high of $131.55. The firm has a market capitalization of $70.87 billion, a P/E ratio of 19.64, a PEG ratio of 1.85 and a beta of 1.31.

CRH (NYSE:CRH) last released its quarterly earnings results on Thursday, April 30th. The construction company reported ($0.20) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.22) by $0.02. CRH had a net margin of 9.65% and a return on equity of 15.37%. The company had revenue of $7.37 billion for the quarter, compared to analyst estimates of $7.07 billion. The firm’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 research analysts expect that Crh Plc will post 5.92 earnings per share for the current year.

CRH Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Morgan Stanley reiterated an “overweight” rating and set a $139.00 price objective on shares of CRH in a report on Wednesday, April 15th. DA Davidson set a $120.00 price target on shares of CRH in a research report on Friday, February 20th. Weiss Ratings lowered shares of CRH from a “buy (b)” rating to a “hold (c+)” rating in a research report on Monday, May 4th. 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 research report on Friday, February 20th. Finally, JPMorgan Chase & Co. raised their price target 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. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, CRH currently has an average rating of “Moderate Buy” and an average target price of $139.54.

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.