Vanguard Personalized Indexing Management LLC Purchases 5,774 Shares of Crh Plc $CRH

Vanguard Personalized Indexing Management LLC raised its stake in shares of Crh Plc (NYSE:CRH) by 7.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 78,772 shares of the construction company’s stock after buying an additional 5,774 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in CRH were worth $9,831,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in CRH. Vanguard Group Inc. raised its stake in CRH by 22.7% during the fourth quarter. Vanguard Group Inc. now owns 79,117,664 shares of the construction company’s stock valued at $9,873,884,000 after buying an additional 14,623,673 shares during the last quarter. Norges Bank purchased a new position in CRH during the fourth quarter valued at $1,476,939,000. State Street Corp raised its stake in CRH by 81.3% during the fourth quarter. State Street Corp now owns 24,895,205 shares of the construction company’s stock valued at $3,106,927,000 after buying an additional 11,167,189 shares during the last quarter. Geode Capital Management LLC raised its stake in CRH by 67.3% during the fourth quarter. Geode Capital Management LLC now owns 14,709,575 shares of the construction company’s stock valued at $1,827,252,000 after buying an additional 5,916,930 shares during the last quarter. Finally, Artisan Partners Limited Partnership purchased a new position in CRH during the third quarter valued at $295,798,000. Hedge funds and other institutional investors own 62.50% of the company’s stock.

Wall Street Analyst Weigh In

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

CRH Price Performance

CRH stock 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 business has a fifty day moving average price of $109.66 and a 200-day moving average price of $115.96. The stock has a market capitalization of $73.35 billion, a P/E ratio of 20.33, a P/E/G ratio of 1.85 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) EPS for the quarter, beating analysts’ consensus estimates of ($0.22) by $0.02. The company had revenue of $7.37 billion during 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 business’s revenue for the quarter was up 9.1% on a year-over-year basis. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. As a group, analysts anticipate that Crh Plc will post 5.92 earnings per share for the current year.

CRH Dividend Announcement

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