Payden & Rygel lessened its stake in Crh Plc (NYSE:CRH – Free Report) by 62.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 60,000 shares of the construction company’s stock after selling 99,900 shares during the quarter. Payden & Rygel’s holdings in CRH were worth $4,968,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Amundi lifted its position in CRH by 74.7% during the first quarter. Amundi now owns 5,965,814 shares of the construction company’s stock worth $627,126,000 after purchasing an additional 2,550,178 shares during the period. Bank of America Corp DE raised its position in shares of CRH by 3.8% in the 1st quarter. Bank of America Corp DE now owns 5,928,489 shares of the construction company’s stock valued at $623,203,000 after buying an additional 216,822 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of CRH by 6.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,831,618 shares of the construction company’s stock valued at $507,784,000 after buying an additional 297,309 shares in the last quarter. Lazard Asset Management LLC lifted its holdings in shares of CRH by 4.1% during the 1st quarter. Lazard Asset Management LLC now owns 2,336,754 shares of the construction company’s stock worth $245,460,000 after acquiring an additional 93,106 shares during the period. Finally, Janus Henderson Group PLC lifted its holdings in shares of CRH by 27.9% during the 1st quarter. Janus Henderson Group PLC now owns 2,186,541 shares of the construction company’s stock worth $228,994,000 after acquiring an additional 477,242 shares during the period. Institutional investors and hedge funds own 62.50% of the company’s stock.
Analyst Ratings Changes
Several analysts recently issued reports on CRH shares. JPMorgan Chase & Co. started coverage on shares of CRH in a research report on Tuesday, October 13th. They set an “overweight” rating and a $115.00 price target on the stock. BNP Paribas Exane reduced their price objective on CRH from $157.00 to $110.00 and set an “outperform” rating on the stock in a research note on Wednesday, September 16th. Jefferies Financial Group decreased their target price on CRH from $159.50 to $126.50 and set a “buy” rating on the stock in a research report on Monday, August 3rd. Wells Fargo & Company dropped their target price on shares of CRH from $106.00 to $100.00 and set an “overweight” rating for the company in a report on Friday. Finally, DA Davidson started coverage on shares of CRH in a report on Monday, August 24th. They issued a “buy” rating and a $137.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $126.18.
Get Our Latest Stock Report on CRH
CRH Stock Performance
Shares of NYSE:CRH opened at $90.85 on Friday. Crh Plc has a 52-week low of $78.62 and a 52-week high of $131.55. The company has a market capitalization of $60.44 billion, a PE ratio of 17.05, a price-to-earnings-growth ratio of 1.75 and a beta of 1.31. The company has a fifty day moving average of $87.19 and a 200-day moving average of $104.24.
CRH (NYSE:CRH – Get Free Report) last released its quarterly earnings data on Thursday, October 29th. The construction company reported $2.09 earnings per share for the quarter, beating the consensus estimate of $2.06 by $0.03. The company had revenue of $11.40 billion for the quarter, compared to the consensus estimate of $11.56 billion. CRH had a return on equity of 15.03% and a net margin of 9.19%. CRH’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter last year, the business posted $2.21 EPS. On average, equities analysts forecast that Crh Plc will post 5.48 EPS for the current fiscal year.
CRH Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 9th. Shareholders of record on Friday, November 13th will be given a $0.39 dividend. The ex-dividend date is Friday, November 13th. This represents a $1.56 annualized dividend and a yield of 1.7%. CRH’s dividend payout ratio (DPR) is currently 29.27%.
Key Stories Impacting CRH
Here are the key news stories impacting CRH this week:
- Positive Sentiment: EPS beat and buyback support sentiment: CRH reported third-quarter adjusted EPS of $2.09, slightly above the $2.06 consensus estimate. Management also authorized a $6 billion share buyback, which could support per-share earnings and signal confidence in the valuation. CRH reports increased revenues, lower income in third quarter
- Positive Sentiment: Acquisition and longer-term growth opportunities: CRH completed its $8.5 billion acquisition of Arcosa, while its Velocity initiative is targeting $400 million in annual run-rate benefits by 2028. The company outlined a 2026 adjusted EBITDA outlook of $7.8 billion to $8.0 billion. CRH outlines 2026 EBITDA outlook
- Positive Sentiment: Dividend maintained: CRH declared a quarterly dividend of $0.39 per share, or $1.56 annualized, representing an indicated yield of approximately 1.7%. The dividend is payable December 9 to shareholders of record November 13. CRH dividend announcement
- Positive Sentiment: Analyst remains constructive: Wells Fargo lowered its CRH price target from $106 to $100 but retained an “overweight” rating, implying roughly 10% upside from the referenced price. Wells Fargo CRH rating
- Negative Sentiment: Guidance and operating pressures weigh on the outlook: Third-quarter revenue of $11.40 billion missed the $11.56 billion consensus, while EPS declined from $2.21 a year earlier. Rising costs, weaker housing activity and margin pressure prompted CRH to lower or tighten its 2026 outlook despite pricing gains. CRH Q3 earnings and outlook
CRH Company Profile
CRH plc is a global building materials company that supplies products and solutions used in residential, commercial and infrastructure construction. Its activities include the production and distribution of aggregates, asphalt, ready-mixed concrete, cement and other construction materials, as well as value-added products such as precast concrete, architectural products and site-development solutions.
The company serves customers across North America and Europe, including contractors, construction companies, infrastructure developers, distributors and public-sector organizations.
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