28,134 Crh Plc $CRH Shares Sold by Generali Asset Management SPA SGR

Generali Asset Management SPA SGR cut its stake in shares of Crh Plc (NYSE:CRH – Free Report) by 40.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 41,798 shares of the construction company’s stock after selling 28,134 shares during the period. Generali Asset Management SPA SGR’s holdings in CRH were worth $3,461,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in CRH. Amundi lifted its holdings in shares of CRH by 74.7% during the 1st quarter. Amundi now owns 5,965,814 shares of the construction company’s stock valued at $627,126,000 after buying an additional 2,550,178 shares during the period. Bank of America Corp DE increased its position in CRH by 3.8% during the first quarter. Bank of America Corp DE now owns 5,928,489 shares of the construction company’s stock valued at $623,203,000 after acquiring an additional 216,822 shares during the last quarter. Dimensional Fund Advisors LP increased its position in CRH by 6.6% during the first quarter. Dimensional Fund Advisors LP now owns 4,831,618 shares of the construction company’s stock valued at $507,784,000 after acquiring an additional 297,309 shares during the last quarter. Lazard Asset Management LLC lifted 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 during the period. Finally, Janus Henderson Group PLC lifted its holdings in CRH by 27.9% in the first quarter. Janus Henderson Group PLC now owns 2,186,541 shares of the construction company’s stock valued at $228,994,000 after acquiring an additional 477,242 shares during the period. 62.50% of the stock is currently owned by hedge funds and other institutional investors.

CRH Stock Up 4.8%

Shares of CRH opened at $90.73 on Friday. The business has a 50-day simple moving average of $87.24 and a two-hundred day simple moving average of $104.44. Crh Plc has a 52 week low of $78.62 and a 52 week high of $131.55. The stock has a market cap of $60.36 billion, a price-to-earnings ratio of 16.00, a PEG ratio of 1.57 and a beta of 1.31.

CRH (NYSE:CRH – Get Free Report) last posted its quarterly earnings data 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. The firm had revenue of $11.40 billion for the quarter, compared to analysts’ expectations of $11.56 billion. CRH had a return on equity of 15.76% and a net margin of 9.93%. The business’s quarterly revenue was up 3.0% on a year-over-year basis. During the same period in the previous year, the firm earned $2.21 EPS. On average, equities analysts anticipate that Crh Plc will post 5.83 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. DA Davidson initiated coverage on CRH in a research report on Monday, August 24th. They issued a “buy” rating and a $137.00 target price on the stock. Jefferies Financial Group reduced their price target on shares of CRH from $159.50 to $126.50 and set a “buy” rating for the company in a research report on Monday, August 3rd. Citigroup lowered their price objective on shares of CRH from $122.00 to $106.00 and set a “buy” rating on the stock in a research note on Friday, October 2nd. Deutsche Bank Aktiengesellschaft set a $118.00 target price on shares of CRH in a research report on Friday, October 9th. Finally, Rothschild & Co Redburn reduced their target price on shares of CRH from $135.00 to $120.00 and set a “buy” rating for the company in a report on Thursday, October 1st. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $126.50.

Read Our Latest Research Report on CRH

More CRH News

Here are the key news stories impacting CRH this week:

  • Positive Sentiment: EPS beat and resilient revenue growth: CRH reported third-quarter adjusted EPS of $2.09, ahead of the $2.06 consensus estimate. Revenue increased 3% year over year to $11.40 billion, demonstrating continued demand despite a challenging operating environment. CRH earnings report
  • Positive Sentiment: $6 billion share buyback: The newly announced repurchase program provides substantial support for per-share earnings and signals management’s confidence in CRH’s cash generation and valuation. CRH Q3 results and buyback
  • Positive Sentiment: Arcosa acquisition completed: CRH finalized its $8.5 billion acquisition of Arcosa, expanding its construction-products platform. The company also expects its Velocity initiatives to produce approximately $400 million in annual run-rate benefits by 2028. CRH EBITDA outlook and Velocity benefits
  • Positive Sentiment: Dividend declared: CRH declared its quarterly dividend, payable December 9, reinforcing shareholder returns. CRH dividend announcement
  • Neutral Sentiment: Management maintained a 2026 adjusted EBITDA outlook of approximately $7.8 billion to $8.0 billion, while emphasizing pricing gains and acquisition-related growth.
  • Negative Sentiment: Profitability and guidance pressures: Quarterly EPS declined from $2.21 a year earlier, revenue missed analysts’ expectations, and rising costs and weak housing markets pressured margins. CRH tightened or lowered portions of its full-year outlook, creating execution risk for the Arcosa integration and near-term earnings. CRH Q3 earnings pressures

CRH Company Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding CRH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Crh Plc (NYSE:CRH – Free Report).

Institutional Ownership by Quarter for CRH (NYSE:CRH)

Receive News & Ratings for CRH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CRH and related companies with MarketBeat.com's FREE daily email newsletter.