109,645 Shares in Crh Plc $CRH Purchased by OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Crh Plc (NYSE:CRH) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 109,645 shares of the construction company’s stock, valued at approximately $13,684,000. CRH accounts for approximately 1.6% of OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC’s investment portfolio, making the stock its 14th largest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Board of the Pension Protection Fund bought a new stake in shares of CRH during the fourth quarter worth approximately $25,000. Harbor Investment Advisory LLC boosted its holdings in shares of CRH by 87.6% during 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. Flagship Harbor Advisors LLC bought a new stake in shares of CRH during the fourth quarter worth approximately $26,000. Riggs Asset Managment Co. Inc. boosted its holdings in shares of CRH by 1,835.3% during the second quarter. Riggs Asset Managment Co. Inc. now owns 329 shares of the construction company’s stock worth $30,000 after acquiring an additional 312 shares during the period. Finally, Elyxium Wealth LLC bought a new stake in shares of CRH during the fourth quarter worth approximately $37,000. Institutional investors own 62.50% of the company’s stock.

Wall Street Analyst Weigh In

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

CRH Trading Up 3.1%

NYSE CRH opened at $109.77 on Tuesday. Crh Plc has a 1-year low of $86.82 and a 1-year high of $131.55. The company has a 50 day moving average of $109.66 and a 200-day moving average of $115.96. The company 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.

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

CRH Announces Dividend

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

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.