38,632 Shares in Crh Plc $CRH Purchased by Larry Mathis Financial Planning LLC

Larry Mathis Financial Planning LLC purchased a new position in shares of Crh Plc (NYSE:CRH) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 38,632 shares of the construction company’s stock, valued at approximately $4,834,000. CRH comprises 4.2% of Larry Mathis Financial Planning LLC’s holdings, making the stock its 4th biggest holding.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. boosted its position in CRH by 680.6% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 119,237 shares of the construction company’s stock worth $14,881,000 after purchasing an additional 103,962 shares during the period. BNP Paribas Financial Markets increased its holdings in shares of CRH by 28.1% in the third quarter. BNP Paribas Financial Markets now owns 1,007,042 shares of the construction company’s stock valued at $120,744,000 after purchasing an additional 221,107 shares during the last quarter. TD Asset Management Inc raised its position in shares of CRH by 41.0% in the third quarter. TD Asset Management Inc now owns 2,758,784 shares of the construction company’s stock valued at $330,778,000 after purchasing an additional 802,156 shares during the period. Pacific Capital Partners Ltd raised its position in shares of CRH by 47.1% in the fourth quarter. Pacific Capital Partners Ltd now owns 43,750 shares of the construction company’s stock valued at $5,460,000 after purchasing an additional 14,000 shares during the period. Finally, Lansdowne Partners UK LLP lifted its stake in shares of CRH by 23.4% during the 3rd quarter. Lansdowne Partners UK LLP now owns 648,129 shares of the construction company’s stock worth $77,711,000 after buying an additional 122,915 shares during the last quarter. Institutional investors own 62.50% of the company’s stock.

Analyst Ratings Changes

CRH has been the subject of several research analyst reports. Wells Fargo & Company lifted their target price on shares of 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. increased their price target on shares of CRH from $135.00 to $140.00 and gave the company an “overweight” rating in a report on Tuesday, March 3rd. DA Davidson set a $120.00 price objective on shares of CRH in a research report on Friday, February 20th. Morgan Stanley restated an “overweight” rating and set a $139.00 price objective on shares of CRH in a report on Wednesday, April 15th. Finally, Weiss Ratings downgraded CRH from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, CRH presently has an average rating of “Moderate Buy” and a consensus target price of $139.54.

CRH Stock Performance

NYSE:CRH opened at $111.45 on Friday. Crh Plc has a 52 week low of $86.82 and a 52 week high of $131.55. The firm’s 50-day simple moving average is $109.94 and its 200 day simple moving average is $115.74. The firm has a market cap of $74.47 billion, a price-to-earnings ratio of 20.64, a P/E/G ratio of 1.94 and a beta of 1.31.

CRH (NYSE:CRH) last posted 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 net margin of 9.65% and a return on equity of 15.37%. The firm had revenue of $7.37 billion during the quarter, compared to the consensus estimate of $7.07 billion. The company’s quarterly revenue was up 9.1% compared to the same quarter last year. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. Sell-side analysts anticipate that Crh Plc will post 5.92 EPS for the current year.

CRH Announces Dividend

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

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.