Todd Asset Management LLC Has $58.13 Million Stake in Crh Plc $CRH

Todd Asset Management LLC decreased its holdings in Crh Plc (NYSE:CRH – Free Report) by 1.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 465,787 shares of the construction company’s stock after selling 6,632 shares during the period. CRH comprises 1.1% of Todd Asset Management LLC’s portfolio, making the stock its 27th largest holding. Todd Asset Management LLC owned about 0.07% of CRH worth $58,131,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. Vanguard Group Inc. increased its holdings in shares of CRH by 22.7% in the 4th quarter. Vanguard Group Inc. now owns 79,117,664 shares of the construction company’s stock valued at $9,873,884,000 after purchasing an additional 14,623,673 shares during the period. State Street Corp grew its holdings in CRH by 2.9% during the third quarter. State Street Corp now owns 13,728,016 shares of the construction company’s stock valued at $1,645,995,000 after purchasing an additional 392,146 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of CRH by 0.6% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 12,439,954 shares of the construction company’s stock valued at $1,552,506,000 after acquiring an additional 78,769 shares during the period. Boston Partners boosted its position in shares of CRH by 1.7% in the third quarter. Boston Partners now owns 9,816,938 shares of the construction company’s stock valued at $1,176,530,000 after acquiring an additional 162,110 shares during the period. Finally, Bank of New York Mellon Corp lifted its position in CRH by 6.6% in the third quarter. Bank of New York Mellon Corp now owns 9,788,282 shares of the construction company’s stock worth $1,173,615,000 after purchasing an additional 603,082 shares during the period. Institutional investors and hedge funds own 62.50% of the company’s stock.

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CRH Stock Up 0.1%

Shares of CRH stock opened at $100.47 on Monday. The stock has a 50-day moving average price of $109.00 and a 200 day moving average price of $116.77. The firm 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 12 month low of $86.82 and a 12 month high of $131.55.

CRH (NYSE:CRH – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The construction company reported ($0.20) EPS for the quarter, topping analysts’ consensus estimates of ($0.22) by $0.02. The firm had revenue of $7.37 billion during the quarter, compared to analyst estimates 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. Sell-side analysts predict that Crh Plc will post 5.92 earnings per share for the current fiscal year.

CRH Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Friday, May 15th will be issued a dividend of $0.39 per share. The ex-dividend date is Friday, May 15th. This represents a $1.56 dividend on an annualized basis and a yield of 1.6%. CRH’s dividend payout ratio (DPR) is 28.89%.

Wall Street Analyst Weigh In

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

Read Our Latest Research Report on CRH

About CRH

(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.

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