WINTON GROUP Ltd Makes New Investment in Crh Plc $CRH

WINTON GROUP Ltd purchased a new position in Crh Plc (NYSE:CRHFree Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 17,554 shares of the construction company’s stock, valued at approximately $2,191,000.

A number of other institutional investors have also bought and sold shares of the business. Cibc World Market Inc. grew its position in shares of CRH by 36.2% during the third quarter. Cibc World Market Inc. now owns 56,390 shares of the construction company’s stock valued at $6,761,000 after purchasing an additional 14,985 shares in the last quarter. ING Groep NV grew its position in shares of CRH by 111.1% during the third quarter. ING Groep NV now owns 551,400 shares of the construction company’s stock valued at $66,113,000 after purchasing an additional 290,200 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in shares of CRH by 680.6% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 119,237 shares of the construction company’s stock valued at $14,881,000 after purchasing an additional 103,962 shares in the last quarter. TD Asset Management Inc grew its position in shares of CRH by 41.0% during the third quarter. TD Asset Management Inc now owns 2,758,784 shares of the construction company’s stock valued at $330,778,000 after purchasing an additional 802,156 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its position in shares of CRH by 28.1% during the third quarter. BNP Paribas Financial Markets now owns 1,007,042 shares of the construction company’s stock valued at $120,744,000 after purchasing an additional 221,107 shares in the last quarter. Hedge funds and other institutional investors own 62.50% of the company’s stock.

CRH Trading Up 0.0%

Shares of NYSE:CRH opened at $105.10 on Monday. Crh Plc has a 12 month low of $86.82 and a 12 month high of $131.55. The company has a 50-day moving average price of $109.57 and a 200 day moving average price of $116.24. The company has a market cap of $70.23 billion, a price-to-earnings ratio of 19.46, a PEG ratio of 1.83 and a beta of 1.31.

CRH (NYSE:CRHGet Free Report) last announced 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. 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 revenue was up 9.1% on a year-over-year basis. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. As a group, equities analysts forecast that Crh Plc will post 5.92 EPS for the current year.

CRH Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders 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 annualized dividend and a yield of 1.5%. CRH’s dividend payout ratio (DPR) is presently 28.89%.

Wall Street Analyst Weigh In

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

Get Our Latest Stock 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.

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Institutional Ownership by Quarter for CRH (NYSE:CRH)

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