Natixis Advisors LLC Raises Stake in Crh Plc $CRH

Natixis Advisors LLC boosted its holdings in shares of Crh Plc (NYSE:CRH) by 40.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 507,603 shares of the construction company’s stock after purchasing an additional 147,139 shares during the period. Natixis Advisors LLC owned approximately 0.08% of CRH worth $63,349,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Board of the Pension Protection Fund purchased a new stake in shares of CRH in the fourth quarter valued at about $25,000. Flagship Harbor Advisors LLC purchased a new stake in shares of CRH in the fourth quarter valued at about $26,000. Harbor Investment Advisory LLC boosted its holdings 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 acquiring an additional 99 shares in the last quarter. United Community Bank boosted its holdings in shares of CRH by 359.6% in the third quarter. United Community Bank now owns 239 shares of the construction company’s stock valued at $29,000 after acquiring an additional 187 shares in the last quarter. Finally, Cornerstone Planning Group LLC boosted its holdings in shares of CRH by 139.3% in the third quarter. Cornerstone Planning Group LLC now owns 268 shares of the construction company’s stock valued at $31,000 after acquiring an additional 156 shares in the last quarter. Hedge funds and other institutional investors own 62.50% of the company’s stock.

CRH Trading Down 0.2%

CRH stock opened at $106.57 on Wednesday. The company has a market cap of $71.21 billion, a P/E ratio of 19.73, a P/E/G ratio of 1.86 and a beta of 1.31. Crh Plc has a 52 week low of $86.82 and a 52 week high of $131.55. The company’s 50-day moving average price is $109.43 and its 200 day moving average price is $116.37.

CRH (NYSE:CRH) last released 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 firm had revenue of $7.37 billion for the quarter, compared to the consensus estimate of $7.07 billion. CRH had a net margin of 9.65% and a return on equity of 15.37%. The business’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 expect that Crh Plc will post 5.92 earnings per share for the current year.

CRH Announces Dividend

The firm also recently announced 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. The ex-dividend date is Friday, May 15th. This represents a $1.56 dividend on an annualized basis and a yield of 1.5%. CRH’s payout ratio is presently 28.89%.

Wall Street Analyst Weigh In

CRH has been the topic of several analyst reports. DA Davidson set a $120.00 target price on shares of CRH in a report on Friday, February 20th. Morgan Stanley reaffirmed an “overweight” rating and issued a $139.00 target price on shares of CRH in a report on Wednesday, April 15th. Weiss Ratings downgraded shares of CRH from a “buy (b)” rating to a “hold (c+)” rating in a report on Monday, May 4th. Wells Fargo & Company lifted their target price on shares of CRH from $133.00 to $135.00 and gave the company an “equal weight” rating in a report on Friday, February 20th. Finally, JPMorgan Chase & Co. lifted their target price on shares of CRH from $135.00 to $140.00 and gave the company an “overweight” rating in a report on Tuesday, March 3rd. Two 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.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $139.54.

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.