CRH (NYSE:CRH) Announces Earnings Results

CRH (NYSE:CRH) released its quarterly earnings data on Thursday. The construction company reported $2.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.02 by $0.19, FiscalAI reports. CRH had a return on equity of 15.37% and a net margin of 9.65%.The business had revenue of $10.78 billion during the quarter, compared to analysts’ expectations of $10.68 billion. During the same period in the prior year, the firm posted $1.94 EPS. The business’s quarterly revenue was up 5.6% compared to the same quarter last year. CRH updated its FY 2026 guidance to 5.600-6.050 EPS.

Here are the key takeaways from CRH’s conference call:

• Record Q2 performance: Revenue rose 6% to $10.8 billion, Adjusted EBITDA increased 7% to more than $2.6 billion, margins expanded by 30 basis points, and diluted EPS grew 14% year over year.
• CRH reaffirmed its 2026 guidance, including Adjusted EBITDA of $8.1 billion to $8.5 billion, supported by resilient infrastructure demand, positive pricing, growing backlogs, and stronger reindustrialization activity such as data centers and advanced manufacturing.
• The planned $8.5 billion Arcosa acquisition is expected to add 35 million tons of annual aggregates production and generate approximately $175 million in run-rate cost synergies by year three; closing is expected in the first quarter of 2027.
• Americas Building Solutions EBITDA declined 8% as divestitures, subdued U.S. new-build residential demand, and higher haulage costs weighed on results, while the company paused its share buyback program following the Arcosa agreement.

CRH Stock Down 1.0%

Shares of CRH stock traded down $0.97 during trading on Friday, reaching $95.03. The company’s stock had a trading volume of 7,495,274 shares, compared to its average volume of 4,941,589. The business has a 50 day moving average price of $105.36 and a 200-day moving average price of $111.47. The company has a market capitalization of $63.50 billion, a P/E ratio of 17.60, a price-to-earnings-growth ratio of 1.72 and a beta of 1.32. CRH has a 12-month low of $93.58 and a 12-month high of $131.55.

CRH Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Friday, August 14th will be issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Friday, August 14th. CRH’s payout ratio is currently 28.89%.

Institutional Investors Weigh In On CRH

Institutional investors have recently made changes to their positions in the stock. NewEdge Advisors LLC boosted its holdings in CRH by 158.5% during the first quarter. NewEdge Advisors LLC now owns 8,670 shares of the construction company’s stock worth $763,000 after buying an additional 5,316 shares in the last quarter. Empowered Funds LLC lifted its position in shares of CRH by 5.3% during the 1st quarter. Empowered Funds LLC now owns 13,178 shares of the construction company’s stock valued at $1,159,000 after acquiring an additional 658 shares during the period. Sivia Capital Partners LLC boosted its stake in shares of CRH by 58.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 4,279 shares of the construction company’s stock worth $393,000 after acquiring an additional 1,579 shares in the last quarter. Sei Investments Co. grew its holdings in shares of CRH by 18.9% in the 2nd quarter. Sei Investments Co. now owns 228,288 shares of the construction company’s stock worth $20,957,000 after acquiring an additional 36,238 shares during the period. Finally, Treasurer of the State of North Carolina raised its holdings in 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 worth $29,084,000 after purchasing an additional 2,348 shares during the last quarter. 62.50% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on CRH shares. Truist Financial lowered their price target on CRH from $140.00 to $130.00 and set a “buy” rating for the company in a report on Friday. Morgan Stanley restated an “overweight” rating and issued a $139.00 target price on shares of CRH in a report on Wednesday, April 15th. Jefferies Financial Group increased their target price on shares of CRH from $149.00 to $165.60 and gave the company a “buy” rating in a research report on Friday, June 26th. Sanford C. Bernstein reiterated an “outperform” rating on shares of CRH in a research note on Tuesday, June 23rd. Finally, Wells Fargo & Company reduced their price target on shares of CRH from $135.00 to $132.00 and set an “overweight” rating for the company in a research report on Wednesday, July 8th. Two analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $139.44.

Key CRH News

Here are the key news stories impacting CRH this week:

• Positive Sentiment: CRH reported second-quarter revenue of approximately $10.8 billion, up 6% year over year and ahead of the $10.68 billion consensus estimate. Adjusted earnings of $2.21 per share also exceeded expectations of $2.02, while net income increased 13% to $1.5 billion. Growth was supported by pricing, underlying demand, acquisitions and infrastructure activity. CRH Reports Second Quarter 2026 Results
• Positive Sentiment: Management outlined a 2026 adjusted EBITDA target of $8.1 billion to $8.5 billion and continues to advance its planned Arcosa transaction, which carries a targeted $175 million in synergies. The outlook reflects continued pricing momentum and demand for infrastructure-related products. CRH EBITDA Outlook and Arcosa Deal
• Positive Sentiment: CRH declared a quarterly dividend of $0.39 per share, payable September 16 to shareholders of record August 14. The annualized payout implies a yield of about 1.6%, adding to shareholder returns.
• Neutral Sentiment: Truist lowered its price target from $140 to $130 but maintained a “buy” rating, still implying substantial upside based on the reported reference price. The target reduction may reflect a more cautious near-term valuation view rather than a change in the firm’s overall stance. Truist Price Target Update
• Negative Sentiment: CRH’s 2026 EPS guidance of $5.60 to $6.05 has a midpoint of $5.83, below the approximately $5.95 analyst consensus. Subdued residential construction activity in some markets also remains a headwind, potentially offsetting strength in infrastructure and commercial demand.

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.