Crh Plc $CRH Shares Sold by Hillman Co.

Hillman Co. lessened its stake in Crh Plc (NYSE:CRH) by 33.0% during the 1st quarter, HoldingsChannel reports. The firm owned 183,213 shares of the construction company’s stock after selling 90,239 shares during the quarter. CRH accounts for about 7.5% of Hillman Co.’s investment portfolio, making the stock its 6th biggest holding. Hillman Co.’s holdings in CRH were worth $19,259,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in CRH. JFS Wealth Advisors LLC lifted its stake in shares of CRH by 12.1% in the 4th quarter. JFS Wealth Advisors LLC now owns 794 shares of the construction company’s stock valued at $99,000 after purchasing an additional 86 shares during the period. Waddell & Associates LLC grew its position in CRH by 3.8% during the fourth quarter. Waddell & Associates LLC now owns 2,352 shares of the construction company’s stock valued at $294,000 after buying an additional 87 shares during the period. PDS Planning Inc increased its holdings in CRH by 2.3% in the fourth quarter. PDS Planning Inc now owns 4,000 shares of the construction company’s stock valued at $499,000 after buying an additional 89 shares in the last quarter. Crossmark Global Holdings Inc. increased its holdings in CRH by 2.4% in the third quarter. Crossmark Global Holdings Inc. now owns 4,126 shares of the construction company’s stock valued at $495,000 after buying an additional 96 shares in the last quarter. Finally, Harbor Investment Advisory LLC raised its position in shares of CRH by 87.6% in the fourth quarter. Harbor Investment Advisory LLC now owns 212 shares of the construction company’s stock worth $26,000 after acquiring an additional 99 shares during the period. 62.50% of the stock is owned by hedge funds and other institutional investors.

CRH Trading Down 3.1%

CRH opened at $108.87 on Tuesday. Crh Plc has a twelve month low of $91.22 and a twelve month high of $131.55. The firm has a market capitalization of $72.75 billion, a PE ratio of 20.16, a PEG ratio of 1.95 and a beta of 1.31. The firm’s 50-day moving average price is $109.33 and its 200 day moving average price is $115.27.

CRH (NYSE:CRH) last released its quarterly earnings data on Thursday, April 30th. The construction company reported ($0.20) EPS for the quarter, beating analysts’ consensus estimates of ($0.22) by $0.02. CRH had a net margin of 9.65% and a return on equity of 15.37%. The company had revenue of $7.37 billion during the quarter, compared to the consensus estimate of $7.07 billion. The company’s revenue was up 9.1% on a year-over-year basis. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. As a group, analysts predict that Crh Plc will post 5.92 earnings per share for the current fiscal year.

CRH Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Friday, May 15th were given a dividend of $0.39 per share. The ex-dividend date was Friday, May 15th. This represents a $1.56 dividend on an annualized basis and a yield of 1.4%. CRH’s dividend payout ratio (DPR) is presently 28.89%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on CRH. Sanford C. Bernstein restated an “outperform” rating on shares of CRH in a research report on Tuesday, June 23rd. Morgan Stanley reaffirmed an “overweight” rating and issued a $139.00 price target on shares of CRH in a report on Wednesday, April 15th. Jefferies Financial Group raised their price objective on CRH from $149.00 to $165.60 and gave the company a “buy” rating in a report on Friday. Weiss Ratings cut CRH from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, June 18th. Finally, JPMorgan Chase & Co. upped their target price on CRH from $135.00 to $140.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 3rd. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $141.40.

About CRH

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.