Oregon Public Employees Retirement Fund Buys Shares of 76,700 Crh Plc $CRH

Oregon Public Employees Retirement Fund bought a new stake in shares of Crh Plc (NYSE:CRH) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 76,700 shares of the construction company’s stock, valued at approximately $9,572,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. JFS Wealth Advisors LLC boosted its position in CRH by 12.1% during the 4th quarter. JFS Wealth Advisors LLC now owns 794 shares of the construction company’s stock valued at $99,000 after acquiring an additional 86 shares in the last quarter. PDS Planning Inc boosted its position in CRH by 2.3% during the 4th quarter. PDS Planning Inc now owns 4,000 shares of the construction company’s stock valued at $499,000 after acquiring an additional 89 shares in the last quarter. UMB Bank n.a. boosted its position in CRH by 34.8% during the 3rd quarter. UMB Bank n.a. now owns 356 shares of the construction company’s stock valued at $43,000 after acquiring an additional 92 shares in the last quarter. Crossmark Global Holdings Inc. boosted its position in CRH by 2.4% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 4,126 shares of the construction company’s stock valued at $495,000 after acquiring an additional 96 shares in the last quarter. Finally, Harbor Investment Advisory LLC boosted its position 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 worth $26,000 after purchasing an additional 99 shares in the last quarter. Institutional investors own 62.50% of the company’s stock.

CRH Price Performance

CRH stock opened at $108.91 on Thursday. The stock has a market capitalization of $72.77 billion, a price-to-earnings ratio of 20.17, a PEG ratio of 1.95 and a beta of 1.36. Crh Plc has a 1-year low of $86.82 and a 1-year high of $131.55. The business has a fifty day moving average price of $109.90 and a 200-day moving average price of $117.60.

CRH (NYSE:CRH) last issued its quarterly earnings results on Thursday, April 30th. The construction company reported ($0.20) EPS for the quarter, topping analysts’ consensus estimates of ($0.22) by $0.02. CRH had a return on equity of 15.37% and a net margin of 9.65%.The company had revenue of $7.37 billion during the quarter, compared to analysts’ expectations of $7.07 billion. The business’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. On average, equities research analysts anticipate that Crh Plc will post 5.94 earnings per share for the current fiscal year.

CRH Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Friday, May 15th will be given a dividend of $0.39 per share. 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 1.4%. CRH’s payout ratio is currently 28.89%.

Wall Street Analysts Forecast Growth

CRH has been the subject of a number of recent analyst reports. Morgan Stanley reissued an “overweight” rating and issued a $139.00 price objective on shares of CRH in a research report on Wednesday, April 15th. Wells Fargo & Company raised their price objective on CRH from $133.00 to $135.00 and gave the stock an “equal weight” rating in a research report on Friday, February 20th. JPMorgan Chase & Co. raised their price objective on CRH from $135.00 to $140.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 3rd. DA Davidson set a $120.00 price objective on CRH in a research report on Friday, February 20th. Finally, BNP Paribas Exane raised CRH to a “strong-buy” rating in a research report on Friday, January 23rd. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $139.54.

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.