Vestmark Advisory Solutions Inc. Sells 26,732 Shares of Crh Plc $CRH

Vestmark Advisory Solutions Inc. lessened its stake in Crh Plc (NYSE:CRH) by 83.6% in the third quarter, HoldingsChannel reports. The firm owned 5,262 shares of the construction company’s stock after selling 26,732 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in CRH were worth $631,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. Creekmur Asset Management LLC purchased a new position in CRH during the second quarter valued at $27,000. United Community Bank boosted its stake in shares of CRH by 359.6% in the third quarter. United Community Bank now owns 239 shares of the construction company’s stock worth $29,000 after acquiring an additional 187 shares during the period. Riggs Asset Managment Co. Inc. grew its holdings in CRH by 1,835.3% during the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 329 shares of the construction company’s stock valued at $30,000 after buying an additional 312 shares in the last quarter. Cornerstone Planning Group LLC grew its stake in CRH by 139.3% during the third quarter. Cornerstone Planning Group LLC now owns 268 shares of the construction company’s stock valued at $31,000 after acquiring an additional 156 shares in the last quarter. Finally, Salomon & Ludwin LLC bought a new position in shares of CRH during the 3rd quarter valued at about $32,000. Institutional investors own 62.50% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on CRH shares. Royal Bank Of Canada cut their target price on shares of CRH from $152.00 to $150.00 and set an “outperform” rating for the company in a report on Friday, November 7th. UBS Group lifted their price objective on shares of CRH from $138.00 to $147.00 and gave the stock a “buy” rating in a research note on Thursday, January 8th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of CRH in a research report on Monday, December 8th. Jefferies Financial Group reiterated a “buy” rating on shares of CRH in a research report on Monday, December 1st. Finally, DA Davidson set a $120.00 price objective on CRH in a research note on Friday, February 20th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, CRH presently has an average rating of “Moderate Buy” and a consensus target price of $136.27.

CRH Stock Performance

CRH opened at $121.10 on Friday. The stock’s 50 day moving average price is $124.82 and its 200-day moving average price is $119.03. Crh Plc has a one year low of $76.75 and a one year high of $131.55. The stock has a market cap of $81.17 billion, a price-to-earnings ratio of 21.94, a P/E/G ratio of 2.10 and a beta of 1.33.

CRH (NYSE:CRH) last posted its quarterly earnings data on Wednesday, February 18th. The construction company reported $1.52 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.20 by ($0.68). CRH had a net margin of 10.02% and a return on equity of 15.98%. The business had revenue of $5.42 billion for the quarter, compared to analysts’ expectations of $11.15 billion. During the same quarter in the previous year, the firm earned $1.02 EPS. CRH’s revenue was up 6.2% compared to the same quarter last year. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. As a group, analysts predict that Crh Plc will post 5.47 earnings per share for the current fiscal year.

CRH Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Friday, March 6th will be paid a $0.39 dividend. The ex-dividend date of this dividend is Friday, March 6th. This represents a $1.56 annualized dividend and a yield of 1.3%. This is a boost from CRH’s previous quarterly dividend of $0.37. CRH’s payout ratio is 20.11%.

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.