Mufg Securities Americas Inc. Buys Shares of 18,057 Crh Plc $CRH

Mufg Securities Americas Inc. bought a new stake in shares of Crh Plc (NYSE:CRH) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 18,057 shares of the construction company’s stock, valued at approximately $2,254,000.

Several other large investors have also modified their holdings of CRH. NewEdge Advisors LLC boosted its position in shares of CRH by 158.5% during the first quarter. NewEdge Advisors LLC now owns 8,670 shares of the construction company’s stock valued at $763,000 after buying an additional 5,316 shares during the period. Empowered Funds LLC boosted its position in shares of CRH by 5.3% during the first quarter. Empowered Funds LLC now owns 13,178 shares of the construction company’s stock valued at $1,159,000 after buying an additional 658 shares during the period. Sivia Capital Partners LLC boosted its position in shares of CRH by 58.5% during the second quarter. Sivia Capital Partners LLC now owns 4,279 shares of the construction company’s stock valued at $393,000 after buying an additional 1,579 shares during the period. Sei Investments Co. boosted its position in shares of CRH by 18.9% during the second quarter. Sei Investments Co. now owns 228,288 shares of the construction company’s stock valued at $20,957,000 after buying an additional 36,238 shares during the period. Finally, Treasurer of the State of North Carolina boosted its position in shares of CRH by 0.7% during the second quarter. Treasurer of the State of North Carolina now owns 316,818 shares of the construction company’s stock valued at $29,084,000 after buying an additional 2,348 shares during the period. Hedge funds and other institutional investors own 62.50% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on CRH. Wells Fargo & Company boosted their target price on CRH from $133.00 to $135.00 and gave the company an “equal weight” rating in a research report on Friday, February 20th. JPMorgan Chase & Co. boosted their target price on CRH from $135.00 to $140.00 and gave the company an “overweight” rating in a research report on Tuesday, March 3rd. Morgan Stanley reaffirmed an “overweight” rating and set a $139.00 price target on shares of CRH in a research note on Wednesday, April 15th. DA Davidson set a $120.00 price target on shares of CRH in a research note on Friday, February 20th. Finally, Weiss Ratings downgraded shares of CRH from a “buy (b)” rating to a “hold (c+)” rating in a research note on Monday, May 4th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, CRH currently has an average rating of “Moderate Buy” and a consensus price target of $139.54.

CRH Stock Performance

CRH stock opened at $106.41 on Monday. The company has a 50 day moving average price of $109.55 and a 200-day moving average price of $116.00. Crh Plc has a fifty-two week low of $86.82 and a fifty-two week high of $131.55. The company has a market capitalization of $71.11 billion, a PE ratio of 19.71, a P/E/G ratio of 1.85 and a beta of 1.31.

CRH (NYSE:CRH) last posted its quarterly earnings results on Thursday, April 30th. The construction company reported ($0.20) earnings per share for the quarter, beating the consensus estimate of ($0.22) by $0.02. CRH had a net margin of 9.65% and a return on equity of 15.37%. The firm had revenue of $7.37 billion during the quarter, compared to the consensus estimate of $7.07 billion. The company’s quarterly revenue was up 9.1% compared to the same quarter last year. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. On average, analysts forecast that Crh Plc will post 5.92 earnings per share for the current 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 paid a $0.39 dividend. The ex-dividend date of this dividend 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 28.89%.

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.