545,892 Shares in Crh Plc $CRH Purchased by Interval Partners LP

Interval Partners LP purchased a new position in Crh Plc (NYSE:CRH) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 545,892 shares of the construction company’s stock, valued at approximately $68,127,000. CRH comprises approximately 1.2% of Interval Partners LP’s portfolio, making the stock its 11th biggest position.

Other institutional investors have also modified their holdings of the company. Board of the Pension Protection Fund acquired a new position in shares of CRH in the fourth quarter worth about $25,000. Flagship Harbor Advisors LLC acquired a new position in shares of CRH in the fourth quarter worth about $26,000. Harbor Investment Advisory LLC lifted its stake in shares of CRH by 87.6% in the fourth quarter. Harbor Investment Advisory LLC now owns 212 shares of the construction company’s stock worth $26,000 after acquiring an additional 99 shares in the last quarter. Kemnay Advisory Services Inc. acquired a new position in shares of CRH in the fourth quarter worth about $33,000. Finally, Meeder Asset Management Inc. lifted 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 worth $37,000 after acquiring an additional 294 shares in the last quarter. Institutional investors and hedge funds own 62.50% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on CRH shares. JPMorgan Chase & Co. boosted their price target on CRH from $135.00 to $140.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 3rd. Weiss Ratings lowered CRH from a “buy (b)” rating to a “hold (c+)” rating in a report on Monday, May 4th. Wells Fargo & Company boosted their price objective on CRH from $133.00 to $135.00 and gave the company an “equal weight” rating in a report on Friday, February 20th. Morgan Stanley reissued an “overweight” rating and issued a $139.00 price objective on shares of CRH in a report on Wednesday, April 15th. Finally, DA Davidson set a $120.00 price objective on CRH in a report on Friday, February 20th. 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 company. According to data from MarketBeat, CRH has a consensus rating of “Moderate Buy” and an average target price of $139.54.

CRH Stock Down 3.2%

Shares of CRH stock opened at $109.25 on Thursday. The firm has a market cap of $73.00 billion, a P/E ratio of 20.23, a P/E/G ratio of 1.96 and a beta of 1.31. Crh Plc has a fifty-two week low of $86.82 and a fifty-two week high of $131.55. The business has a 50-day moving average price of $109.88 and a 200 day moving average price of $115.84.

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

CRH Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Friday, May 15th were issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Friday, May 15th. CRH’s payout ratio is currently 28.89%.

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.