Dimensional Fund Advisors LP Purchases 297,309 Shares of Crh Plc $CRH

Dimensional Fund Advisors LP lifted its holdings in Crh Plc (NYSE:CRH) by 6.6% in the first quarter, HoldingsChannel reports. The firm owned 4,831,618 shares of the construction company’s stock after purchasing an additional 297,309 shares during the quarter. Dimensional Fund Advisors LP’s holdings in CRH were worth $507,784,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Vanguard Group Inc. lifted its position in CRH by 22.7% during 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 last quarter. Norges Bank bought a new stake in shares of CRH in the 4th quarter worth about $1,476,939,000. State Street Corp raised its position in shares of CRH by 81.3% during the 4th quarter. State Street Corp now owns 24,895,205 shares of the construction company’s stock valued at $3,106,927,000 after buying an additional 11,167,189 shares in the last quarter. Geode Capital Management LLC raised its position in shares of CRH by 67.3% during the 4th quarter. Geode Capital Management LLC now owns 14,709,575 shares of the construction company’s stock valued at $1,827,252,000 after buying an additional 5,916,930 shares in the last quarter. Finally, National Pension Service bought a new position in shares of CRH in the 4th quarter valued at about $258,172,000. Institutional investors own 62.50% of the company’s stock.

CRH Trading Down 3.0%

CRH stock opened at $99.81 on Tuesday. Crh Plc has a 12 month low of $93.58 and a 12 month high of $131.55. The company has a 50-day moving average price of $106.08 and a 200 day moving average price of $112.97. The stock has a market cap of $66.69 billion, a PE ratio of 18.48, a P/E/G ratio of 1.78 and a beta of 1.32.

CRH (NYSE:CRH) last posted its quarterly earnings data on Thursday, April 30th. The construction company reported ($0.20) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.22) by $0.02. The company 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 firm’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. Sell-side analysts forecast that Crh Plc will post 5.96 EPS for the current year.

CRH Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Friday, May 15th were issued a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Friday, May 15th. CRH’s dividend payout ratio is presently 28.89%.

Wall Street Analyst Weigh In

CRH has been the subject of several recent research reports. Jefferies Financial Group lifted their price target on CRH from $149.00 to $165.60 and gave the stock a “buy” rating in a research report on Friday, June 26th. Wells Fargo & Company decreased their price objective on CRH from $135.00 to $132.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 8th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of CRH in a research note on Tuesday, June 23rd. Weiss Ratings cut CRH from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, June 18th. Finally, Morgan Stanley reissued an “overweight” rating and set a $139.00 target price on shares of CRH in a research report on Wednesday, April 15th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $141.19.

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.