Evelyn Partners Investment Management Services Ltd Increases Position in Crh Plc $CRH

Evelyn Partners Investment Management Services Ltd boosted its position in Crh Plc (NYSE:CRHFree Report) by 8.1% during the first quarter, Holdings Channel reports. The fund owned 120,667 shares of the construction company’s stock after acquiring an additional 8,999 shares during the period. CRH comprises 1.5% of Evelyn Partners Investment Management Services Ltd’s holdings, making the stock its 19th biggest holding. Evelyn Partners Investment Management Services Ltd’s holdings in CRH were worth $12,685,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Flagship Harbor Advisors LLC bought a new position in shares of CRH during the 4th quarter valued at about $26,000. Kemnay Advisory Services Inc. purchased a new stake in CRH in the fourth quarter worth approximately $33,000. Meeder Asset Management Inc. boosted its stake in CRH by 29,400.0% in the fourth quarter. Meeder Asset Management Inc. now owns 295 shares of the construction company’s stock worth $37,000 after buying an additional 294 shares in the last quarter. Elyxium Wealth LLC bought a new position in CRH during the fourth quarter valued at approximately $37,000. Finally, Eastern Bank purchased a new position in shares of CRH during the fourth quarter worth approximately $38,000. Hedge funds and other institutional investors own 62.50% of the company’s stock.

CRH Stock Performance

Shares of CRH stock opened at $102.83 on Tuesday. Crh Plc has a 52-week low of $93.58 and a 52-week high of $131.55. The company’s 50 day moving average price is $105.39 and its 200-day moving average price is $112.03. The stock has a market capitalization of $68.71 billion, a price-to-earnings ratio of 19.04, a P/E/G ratio of 1.72 and a beta of 1.32.

CRH (NYSE:CRHGet Free Report) last posted its quarterly earnings results on Thursday, April 30th. The construction company reported ($0.20) EPS for the quarter, beating analysts’ consensus estimates of ($0.22) by $0.02. The company had revenue of $7.37 billion during the quarter, compared to analyst estimates of $7.07 billion. CRH had a net margin of 9.65% and a return on equity of 15.37%. CRH’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. As a group, equities research analysts forecast that Crh Plc will post 5.96 earnings per share for the current fiscal year.

CRH Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Friday, May 15th were paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Friday, May 15th. CRH’s dividend payout ratio is 28.89%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Sanford C. Bernstein restated an “outperform” rating on shares of CRH in a report on Tuesday, June 23rd. Weiss Ratings lowered shares of CRH from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, June 18th. Wells Fargo & Company decreased their target price on shares of CRH from $135.00 to $132.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 8th. Jefferies Financial Group boosted their price target on shares of CRH from $149.00 to $165.60 and gave the stock a “buy” rating in a research note on Friday, June 26th. Finally, Morgan Stanley restated an “overweight” rating and set a $139.00 price target on shares of CRH in a research report on Wednesday, April 15th. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $141.19.

Get Our Latest Report on CRH

CRH Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for CRH (NYSE:CRH)

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