Focus Partners Wealth Boosts Stock Position in Crh Plc $CRH

Focus Partners Wealth boosted its holdings in Crh Plc (NYSE:CRH) by 34.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 427,722 shares of the construction company’s stock after purchasing an additional 109,629 shares during the period. Focus Partners Wealth owned about 0.06% of CRH worth $53,380,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Board of the Pension Protection Fund purchased a new position in CRH in the fourth quarter worth $25,000. Harbor Investment Advisory LLC raised its stake 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 valued at $26,000 after buying an additional 99 shares during the period. Flagship Harbor Advisors LLC bought a new stake in shares of CRH in the fourth quarter valued at $26,000. Riggs Asset Managment Co. Inc. raised its stake in shares of CRH by 1,835.3% in the second 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 during the period. Finally, Elyxium Wealth LLC bought a new stake in shares of CRH in the fourth quarter valued at $37,000. Hedge funds and other institutional investors own 62.50% of the company’s stock.

CRH Stock Performance

NYSE:CRH opened at $109.77 on Tuesday. Crh Plc has a 52-week low of $86.82 and a 52-week high of $131.55. The firm has a market cap of $73.35 billion, a price-to-earnings ratio of 20.33, a PEG ratio of 1.85 and a beta of 1.31. The business’s fifty day moving average is $109.66 and its 200 day moving average is $115.96.

CRH (NYSE:CRH) last released its quarterly earnings data on Thursday, April 30th. The construction company reported ($0.20) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.22) by $0.02. CRH had a return on equity of 15.37% and a net margin of 9.65%.The company had revenue of $7.37 billion for the quarter, compared to analyst estimates of $7.07 billion. CRH’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. Equities analysts predict that Crh Plc will post 5.92 EPS for the current fiscal year.

CRH Dividend Announcement

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

Wall Street Analyst Weigh In

Several brokerages have issued reports on CRH. Wells Fargo & Company boosted their target price on CRH from $133.00 to $135.00 and gave the company an “equal weight” rating in a research note on Friday, February 20th. Morgan Stanley restated an “overweight” rating and issued a $139.00 target price on shares of CRH in a research note on Wednesday, April 15th. DA Davidson set a $120.00 target price on CRH in a research note on Friday, February 20th. JPMorgan Chase & Co. boosted their target price on CRH from $135.00 to $140.00 and gave the company an “overweight” rating in a research note on Tuesday, March 3rd. Finally, Weiss Ratings lowered CRH from a “buy (b)” rating to a “hold (c+)” rating in a research note on Monday, May 4th. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $139.54.

CRH Company 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.