18,382 Shares in Crh Plc $CRH Purchased by Vise Technologies Inc.

Vise Technologies Inc. purchased a new stake in Crh Plc (NYSE:CRH) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 18,382 shares of the construction company’s stock, valued at approximately $1,687,000.

A number of other institutional investors also recently modified their holdings of CRH. Bornite Capital Management LP acquired a new position in CRH in the second quarter worth $33,149,000. PFG Advisors raised its position in shares of CRH by 36.7% during the 2nd quarter. PFG Advisors now owns 29,845 shares of the construction company’s stock valued at $2,740,000 after acquiring an additional 8,017 shares during the last quarter. Midwest Trust Co bought a new position in CRH during the second quarter worth about $419,000. Mirabaud Asset Management Ltd raised its holdings in CRH by 8.3% in the second quarter. Mirabaud Asset Management Ltd now owns 95,765 shares of the construction company’s stock worth $8,764,000 after purchasing an additional 7,309 shares during the period. Finally, Sound View Wealth Advisors Group LLC raised its stake in CRH by 3.7% during the 2nd quarter. Sound View Wealth Advisors Group LLC now owns 2,982 shares of the construction company’s stock worth $274,000 after buying an additional 107 shares during the period. Institutional investors own 62.50% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on CRH. Morgan Stanley set a $134.00 price target on shares of CRH in a report on Thursday, October 9th. UBS Group began coverage on shares of CRH in a report on Tuesday, October 14th. They set a “buy” rating and a $138.00 target price on the stock. Barclays raised their target price on shares of CRH from $110.00 to $131.00 and gave the stock an “overweight” rating in a research note on Monday, October 20th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of CRH in a report on Wednesday, October 8th. Finally, JPMorgan Chase & Co. lifted their price target on CRH from $130.00 to $135.00 and gave the company an “overweight” rating in a research note on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $128.69.

CRH Stock Performance

NYSE:CRH opened at $112.56 on Wednesday. Crh Plc has a fifty-two week low of $76.75 and a fifty-two week high of $121.99. The company has a 50 day simple moving average of $115.81 and a two-hundred day simple moving average of $104.15. The company has a market capitalization of $75.71 billion, a PE ratio of 23.55, a P/E/G ratio of 1.68 and a beta of 1.32.

CRH (NYSE:CRH) last announced its earnings results on Wednesday, November 5th. The construction company reported $2.21 earnings per share for the quarter, topping analysts’ consensus estimates of $1.94 by $0.27. The business had revenue of $11.07 billion during the quarter, compared to the consensus estimate of $10.15 billion. CRH had a net margin of 9.09% and a return on equity of 15.68%. CRH’s quarterly revenue was up 5.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.97 earnings per share. CRH has set its FY 2025 guidance at 5.490-5.720 EPS. Research analysts predict that Crh Plc will post 5.47 EPS for the current year.

CRH Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 17th. Investors of record on Friday, November 21st will be paid a dividend of $0.37 per share. The ex-dividend date of this dividend is Friday, November 21st. This represents a $1.48 annualized dividend and a yield of 1.3%. CRH’s dividend payout ratio is currently 22.11%.

CRH Company Profile

CRH plc, together with its subsidiaries, provides building materials solutions in Ireland and internationally. It operates through four segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. The company provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings; and produces and sells aggregates, cement, readymixed concrete, and asphalt, as well as provides paving and construction services.