Crh Plc $CRH Shares Bought by Krilogy Financial LLC

Krilogy Financial LLC raised its holdings in shares of Crh Plc (NYSE:CRHFree Report) by 49.6% in the 1st quarter, HoldingsChannel.com reports. The fund owned 35,362 shares of the construction company’s stock after buying an additional 11,719 shares during the quarter. Krilogy Financial LLC’s holdings in CRH were worth $4,044,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the business. Board of the Pension Protection Fund purchased a new position in shares of CRH during the fourth quarter worth $25,000. Flagship Harbor Advisors LLC acquired a new position in CRH during the fourth quarter valued at $26,000. Harbor Investment Advisory LLC boosted its holdings in CRH by 87.6% in the fourth quarter. Harbor Investment Advisory LLC now owns 212 shares of the construction company’s stock valued at $26,000 after purchasing an additional 99 shares during the last quarter. Kemnay Advisory Services Inc. purchased a new stake in CRH in the fourth quarter valued at $33,000. Finally, Meeder Asset Management Inc. grew its position in CRH by 29,400.0% during the 4th quarter. Meeder Asset Management Inc. now owns 295 shares of the construction company’s stock worth $37,000 after purchasing an additional 294 shares during the period. 62.50% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting CRH

Here are the key news stories impacting CRH this week:

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Sanford C. Bernstein reiterated an “outperform” rating on shares of CRH in a research note on Tuesday. Weiss Ratings lowered CRH from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, June 18th. JPMorgan Chase & Co. lifted their price target on CRH from $135.00 to $140.00 and gave the company an “overweight” rating in a research report on Tuesday, March 3rd. Finally, Morgan Stanley restated an “overweight” rating and issued a $139.00 price objective on shares of CRH in a research report on Wednesday, April 15th. 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’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $139.54.

Check Out Our Latest Analysis on CRH

CRH Stock Performance

NYSE:CRH opened at $110.34 on Wednesday. The stock has a market capitalization of $73.73 billion, a PE ratio of 20.43, a P/E/G ratio of 1.94 and a beta of 1.31. Crh Plc has a fifty-two week low of $86.97 and a fifty-two week high of $131.55. The company has a fifty day moving average of $109.71 and a two-hundred day moving average of $115.59.

CRH (NYSE:CRHGet Free Report) last announced its earnings results on Thursday, April 30th. The construction company reported ($0.20) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.22) by $0.02. The business had revenue of $7.37 billion for the quarter, compared to analyst estimates of $7.07 billion. CRH had a net margin of 9.65% and a return on equity of 15.37%. The business’s revenue for the quarter was up 9.1% on a year-over-year basis. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. Research analysts forecast 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 was Friday, May 15th. CRH’s payout ratio is presently 28.89%.

CRH Profile

(Free Report)

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.

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Institutional Ownership by Quarter for CRH (NYSE:CRH)

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