Todd Asset Management LLC Sells 6,632 Shares of Crh Plc $CRH

Todd Asset Management LLC lessened its holdings in shares of Crh Plc (NYSE:CRH) by 1.4% during the 4th quarter, HoldingsChannel reports. The firm owned 465,787 shares of the construction company’s stock after selling 6,632 shares during the period. CRH comprises approximately 1.1% of Todd Asset Management LLC’s holdings, making the stock its 27th largest holding. Todd Asset Management LLC’s holdings in CRH were worth $58,131,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of CRH. Board of the Pension Protection Fund bought a new stake in CRH in the 4th quarter valued at approximately $25,000. Harbor Investment Advisory LLC increased its holdings in shares of CRH by 87.6% during the 4th quarter. Harbor Investment Advisory LLC now owns 212 shares of the construction company’s stock worth $26,000 after acquiring an additional 99 shares during the last quarter. Flagship Harbor Advisors LLC acquired a new position in shares of CRH during the 4th quarter worth approximately $26,000. United Community Bank increased its holdings in shares of CRH by 359.6% during the 3rd quarter. United Community Bank now owns 239 shares of the construction company’s stock worth $29,000 after acquiring an additional 187 shares during the last quarter. Finally, Riggs Asset Managment Co. Inc. boosted its stake in CRH by 1,835.3% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 329 shares of the construction company’s stock valued at $30,000 after purchasing an additional 312 shares during the period. Institutional investors own 62.50% of the company’s stock.

CRH Stock Performance

NYSE:CRH opened at $100.47 on Monday. The stock has a fifty day moving average price of $109.00 and a 200-day moving average price of $116.77. The company has a market cap of $67.13 billion, a price-to-earnings ratio of 18.61, a PEG ratio of 1.75 and a beta of 1.36. Crh Plc has a fifty-two week low of $86.82 and a fifty-two week high of $131.55.

CRH (NYSE:CRH) last released its earnings results on Thursday, April 30th. The construction company reported ($0.20) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.22) by $0.02. The firm had revenue of $7.37 billion during the quarter, compared to the consensus estimate of $7.07 billion. CRH had a return on equity of 15.37% and a net margin of 9.65%.CRH’s revenue was up 9.1% on a year-over-year basis. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. Research analysts predict that Crh Plc will post 5.92 EPS for the current fiscal year.

CRH Dividend Announcement

The firm 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 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Friday, May 15th. CRH’s dividend payout ratio is currently 28.89%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports 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 research note on Tuesday, March 3rd. DA Davidson set a $120.00 price target on CRH in a research note on Friday, February 20th. Weiss Ratings downgraded CRH from a “buy (b)” rating to a “hold (c+)” rating in a research note on Monday, May 4th. Wells Fargo & Company boosted their price target on CRH from $133.00 to $135.00 and gave the company an “equal weight” rating 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 analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $139.54.

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.