30,700 Shares in Crh Plc $CRH Purchased by New Mexico Educational Retirement Board

New Mexico Educational Retirement Board bought a new position in shares of Crh Plc (NYSE:CRH) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 30,700 shares of the construction company’s stock, valued at approximately $3,831,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Waterloo Capital L.P. lifted its position in shares of CRH by 37.0% in the fourth quarter. Waterloo Capital L.P. now owns 2,725 shares of the construction company’s stock valued at $340,000 after buying an additional 736 shares during the last quarter. Nomura Asset Management Co. Ltd. lifted its position in shares of CRH by 1.1% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 388,102 shares of the construction company’s stock valued at $48,435,000 after buying an additional 4,153 shares during the last quarter. MUFG Securities EMEA plc acquired a new stake in shares of CRH in the fourth quarter valued at approximately $3,429,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in shares of CRH in the fourth quarter valued at approximately $19,457,000. Finally, BNP Paribas Financial Markets lifted its position in shares of CRH by 35.7% in the fourth quarter. BNP Paribas Financial Markets now owns 1,366,647 shares of the construction company’s stock valued at $170,558,000 after buying an additional 359,605 shares during the last quarter. Institutional investors own 62.50% of the company’s stock.

Analyst Ratings Changes

CRH has been the topic of a number of recent research reports. JPMorgan Chase & Co. increased their target price 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 research note on Monday, May 4th. Morgan Stanley reiterated an “overweight” rating and set a $139.00 target price on shares of CRH in a research note on Wednesday, April 15th. DA Davidson set a $120.00 target price on CRH in a research note on Friday, February 20th. Finally, Wells Fargo & Company increased their target price on CRH from $133.00 to $135.00 and gave the stock an “equal weight” rating in a research note on Friday, February 20th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $139.54.

CRH Stock Down 1.8%

NYSE CRH opened at $106.79 on Tuesday. Crh Plc has a twelve month low of $86.82 and a twelve month high of $131.55. The company has a market cap of $71.35 billion, a price-to-earnings ratio of 19.78, a price-to-earnings-growth ratio of 1.89 and a beta of 1.31. The business’s fifty day moving average is $109.43 and its 200 day moving average is $116.37.

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

CRH Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Friday, May 15th will be given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Friday, May 15th. CRH’s payout ratio is presently 28.89%.

CRH Company 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.