Larry Mathis Financial Planning LLC Purchases Shares of 38,632 Crh Plc $CRH

Larry Mathis Financial Planning LLC purchased a new stake in Crh Plc (NYSE:CRH) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 38,632 shares of the construction company’s stock, valued at approximately $4,834,000. CRH accounts for approximately 4.2% of Larry Mathis Financial Planning LLC’s holdings, making the stock its 4th biggest holding.

Several other large investors also recently made changes to their positions in the stock. Hsbc Holdings PLC lifted its position in CRH by 25.8% in the 4th quarter. Hsbc Holdings PLC now owns 271,238 shares of the construction company’s stock valued at $33,996,000 after acquiring an additional 55,692 shares in the last quarter. Pure Financial Advisors LLC bought a new position in CRH during the 4th quarter worth about $274,000. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in CRH during the 4th quarter worth about $13,684,000. Alpine Global Management LLC raised its stake in shares of CRH by 1,490.4% in the 4th quarter. Alpine Global Management LLC now owns 35,688 shares of the construction company’s stock valued at $4,454,000 after purchasing an additional 33,444 shares during the period. Finally, Banque Transatlantique SA raised its stake in shares of CRH by 1.8% in the 4th quarter. Banque Transatlantique SA now owns 318,068 shares of the construction company’s stock valued at $39,610,000 after purchasing an additional 5,632 shares during the period. Institutional investors own 62.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on CRH. JPMorgan Chase & Co. boosted their price target on CRH from $135.00 to $140.00 and gave the company an “overweight” rating in a report on Tuesday, March 3rd. Wells Fargo & Company increased 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. DA Davidson set a $120.00 target price on CRH in a research report on Friday, February 20th. Weiss Ratings cut CRH from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $139.00 price target on shares of CRH in a research report on Wednesday, April 15th. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $139.54.

CRH Stock Up 0.2%

CRH stock opened at $111.45 on Friday. The business has a 50 day moving average price of $109.94 and a two-hundred day moving average price of $115.74. The company 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 Plc has a twelve month low of $86.82 and a twelve month high of $131.55.

CRH (NYSE:CRH) last announced its quarterly earnings data on Thursday, April 30th. The construction company reported ($0.20) earnings per share (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 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 anticipate that Crh Plc will post 5.92 EPS for the current fiscal year.

CRH Announces Dividend

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

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.