Interval Partners LP Buys New Holdings in Crh Plc $CRH

Interval Partners LP bought a new stake in Crh Plc (NYSE:CRH) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 545,892 shares of the construction company’s stock, valued at approximately $68,127,000. CRH comprises about 1.2% of Interval Partners LP’s portfolio, making the stock its 11th biggest holding. Interval Partners LP owned 0.08% of CRH as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Investment Management Corp of Ontario boosted its holdings in CRH by 543.8% in the fourth quarter. Investment Management Corp of Ontario now owns 341,788 shares of the construction company’s stock valued at $42,655,000 after acquiring an additional 288,700 shares during the last quarter. Janus Henderson Group PLC boosted its holdings in CRH by 10.1% in the fourth quarter. Janus Henderson Group PLC now owns 1,709,299 shares of the construction company’s stock valued at $213,444,000 after acquiring an additional 156,151 shares during the last quarter. Gotham Asset Management LLC boosted its holdings in CRH by 20.7% in the fourth quarter. Gotham Asset Management LLC now owns 58,482 shares of the construction company’s stock valued at $7,299,000 after acquiring an additional 10,012 shares during the last quarter. Evolve Private Wealth LLC acquired a new position in CRH in the fourth quarter valued at $360,000. Finally, Altshuler Shaham Ltd boosted its holdings in CRH by 8.4% in the fourth quarter. Altshuler Shaham Ltd now owns 1,268,000 shares of the construction company’s stock valued at $158,246,000 after acquiring an additional 98,000 shares during the last quarter. Institutional investors and hedge funds own 62.50% of the company’s stock.

CRH Price Performance

Shares of CRH opened at $109.25 on Thursday. The stock’s 50-day moving average is $109.88 and its two-hundred day moving average is $115.84. The stock has a market cap of $73.00 billion, a PE ratio of 20.23, a P/E/G ratio of 1.96 and a beta of 1.31. Crh Plc has a 12 month low of $86.82 and a 12 month high of $131.55.

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

CRH Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Friday, May 15th were 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 was Friday, May 15th. CRH’s payout ratio is currently 28.89%.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on CRH. Wells Fargo & Company lifted their target price on CRH from $133.00 to $135.00 and gave the company an “equal weight” rating in a report on Friday, February 20th. JPMorgan Chase & Co. lifted their target price on 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 target price on CRH in a report on Friday, February 20th. Weiss Ratings cut CRH from a “buy (b)” rating to a “hold (c+)” rating in a research note on Monday, May 4th. Finally, Morgan Stanley restated an “overweight” rating and set a $139.00 price objective on shares of CRH in a research note on Wednesday, April 15th. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $139.54.

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.