DJE Kapital AG Buys 8,590 Shares of Crh Plc $CRH

DJE Kapital AG grew its stake in Crh Plc (NYSE:CRH) by 16.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 59,757 shares of the construction company’s stock after purchasing an additional 8,590 shares during the quarter. DJE Kapital AG’s holdings in CRH were worth $7,583,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of CRH. Vanguard Group Inc. raised its position in shares of CRH by 22.7% in the fourth quarter. Vanguard Group Inc. now owns 79,117,664 shares of the construction company’s stock valued at $9,873,884,000 after purchasing an additional 14,623,673 shares during the period. Norges Bank bought a new position in shares of CRH in the fourth quarter valued at about $1,476,939,000. Geode Capital Management LLC raised its position in shares of CRH by 67.3% in the fourth quarter. Geode Capital Management LLC now owns 14,709,575 shares of the construction company’s stock valued at $1,827,252,000 after purchasing an additional 5,916,930 shares during the period. Artisan Partners Limited Partnership bought a new position in shares of CRH in the third quarter valued at about $295,798,000. Finally, National Pension Service bought a new position in shares of CRH in the fourth quarter valued at about $258,172,000. 62.50% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

CRH has been the topic of several research analyst reports. Wells Fargo & Company increased their price objective on shares of CRH from $133.00 to $135.00 and gave the company an “equal weight” rating in a research report on Friday, February 20th. JPMorgan Chase & Co. upped their price target on shares of CRH from $135.00 to $140.00 and gave the company an “overweight” rating in a research note on Tuesday, March 3rd. Morgan Stanley restated an “overweight” rating and issued a $139.00 price target on shares of CRH in a research note on Wednesday, April 15th. Weiss Ratings downgraded shares of CRH from a “buy (b)” rating to a “hold (c+)” rating in a research note on Monday, May 4th. Finally, DA Davidson set a $120.00 price target on shares of CRH in a research note on Friday, February 20th. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, CRH presently has an average rating of “Moderate Buy” and an average target price of $139.54.

CRH Stock Performance

CRH stock opened at $104.95 on Friday. The company’s 50-day simple moving average is $109.55 and its 200 day simple moving average is $116.05. Crh Plc has a 52 week low of $86.82 and a 52 week high of $131.55. The company has a market capitalization of $70.12 billion, a PE ratio of 19.43, a price-to-earnings-growth ratio of 1.74 and a beta of 1.31.

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

CRH Announces Dividend

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

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.