Crh Plc $CRH Stock: Park Avenue Securities LLC Reduces Holdings

Park Avenue Securities LLC lowered its stake in shares of Crh Plc (NYSE:CRH) by 34.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,491 shares of the construction company’s stock after selling 10,635 shares during the quarter. Park Avenue Securities LLC’s holdings in CRH were worth $1,697,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. QRG Capital Management Inc. boosted its stake in shares of CRH by 7.7% in the 2nd quarter. QRG Capital Management Inc. now owns 196,860 shares of the construction company’s stock valued at $21,064,000 after buying an additional 14,091 shares during the period. Handelsbanken Fonder AB grew its position in shares of CRH by 13.0% during the second quarter. Handelsbanken Fonder AB now owns 332,198 shares of the construction company’s stock worth $35,545,000 after buying an additional 38,141 shares in the last quarter. Davis Rea LTD. increased its stake in shares of CRH by 1,292.9% during the third quarter. Davis Rea LTD. now owns 70,135 shares of the construction company’s stock worth $5,807,000 after buying an additional 65,100 shares during the period. Lazard Asset Management LLC raised its holdings in CRH by 4.1% in the first quarter. Lazard Asset Management LLC now owns 2,336,754 shares of the construction company’s stock valued at $245,460,000 after acquiring an additional 93,106 shares in the last quarter. Finally, Commerzbank Aktiengesellschaft FI acquired a new stake in CRH in the second quarter valued at approximately $2,229,000. 62.50% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have commented on CRH shares. Royal Bank Of Canada lowered their price target on shares of CRH from $165.00 to $135.00 and set an “outperform” rating for the company in a report on Friday, October 9th. Deutsche Bank Aktiengesellschaft set a $118.00 price objective on shares of CRH in a research report on Friday, October 9th. Truist Financial lowered their target price on shares of CRH from $130.00 to $105.00 and set a “buy” rating for the company in a research note on Monday, October 5th. Morgan Stanley initiated coverage on CRH in a report on Friday, September 11th. They issued an “overweight” rating and a $139.00 target price on the stock. Finally, Wells Fargo & Company cut their price target on CRH from $106.00 to $100.00 and set an “overweight” rating on the stock in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, CRH has an average rating of “Buy” and a consensus price target of $126.18.

CRH Price Performance

NYSE CRH opened at $90.85 on Monday. The firm’s fifty day moving average price is $87.19 and its 200 day moving average price is $104.24. Crh Plc has a 12 month low of $78.62 and a 12 month high of $131.55. The company has a market capitalization of $60.44 billion, a price-to-earnings ratio of 17.05, a price-to-earnings-growth ratio of 1.75 and a beta of 1.33.

CRH (NYSE:CRH) last announced its quarterly earnings results on Thursday, October 29th. The construction company reported $2.09 earnings per share for the quarter, beating analysts’ consensus estimates of $2.06 by $0.03. CRH had a net margin of 9.19% and a return on equity of 15.03%. The firm had revenue of $11.40 billion during the quarter, compared to analysts’ expectations of $11.56 billion. During the same period in the previous year, the company earned $2.21 earnings per share. CRH’s quarterly revenue was up 3.0% compared to the same quarter last year. As a group, sell-side analysts forecast that Crh Plc will post 5.48 earnings per share for the current year.

CRH Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 9th. Stockholders of record on Friday, November 13th will be given a dividend of $0.39 per share. The ex-dividend date is Friday, November 13th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.7%. CRH’s payout ratio is 29.27%.

Key Headlines 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.