SG Americas Securities LLC reduced its stake in Crh Plc (NYSE:CRH – Free Report) by 72.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 384,235 shares of the construction company’s stock after selling 1,002,693 shares during the period. SG Americas Securities LLC’s holdings in CRH were worth $40,391,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also made changes to their positions in CRH. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of CRH by 680.6% in 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 buying an additional 103,962 shares during the period. BNP Paribas Financial Markets grew its holdings in CRH by 28.1% during the third quarter. BNP Paribas Financial Markets now owns 1,007,042 shares of the construction company’s stock worth $120,744,000 after acquiring an additional 221,107 shares during the period. TD Asset Management Inc raised its position in CRH by 41.0% in the third quarter. TD Asset Management Inc now owns 2,758,784 shares of the construction company’s stock worth $330,778,000 after acquiring an additional 802,156 shares in the last quarter. Pacific Capital Partners Ltd raised its position in CRH by 47.1% in the fourth quarter. Pacific Capital Partners Ltd now owns 43,750 shares of the construction company’s stock worth $5,460,000 after acquiring an additional 14,000 shares in the last quarter. Finally, Lansdowne Partners UK LLP lifted its holdings in CRH by 23.4% in the 3rd quarter. Lansdowne Partners UK LLP now owns 648,129 shares of the construction company’s stock valued at $77,711,000 after acquiring an additional 122,915 shares during the last quarter. Institutional investors and hedge funds own 62.50% of the company’s stock.
CRH News Roundup
Here are the key news stories impacting CRH this week:
- Positive Sentiment: The Arcosa deal could strengthen CRH’s position in U.S. infrastructure, broaden its aggregates and critical infrastructure products exposure, and create cost synergies over time. CRH to Acquire Arcosa; Leading U.S. Provider of Aggregates and Critical Infrastructure Products for $8.5B
- Positive Sentiment: The deal gives CRH a larger platform in energy transmission and infrastructure markets, which could support long-term revenue growth if integration goes well. CRH acquires Arcosa in $8.5 billion all-cash deal
- Positive Sentiment: Analysts are highlighting the acquisition as potentially transformative for CRH’s growth profile, especially if infrastructure spending remains strong. Is CRH’s $8.5 Billion Arcosa Acquisition a Game Changer?
- Neutral Sentiment: CRH also added a former CF Industries CEO to its board, which may improve governance and strategic oversight, but is not likely to drive immediate results. CRH Adds Former CF Industries CEO to Its Board; Why Investors Are Paying Attention
- Negative Sentiment: Market skepticism centers on the high purchase price, integration challenges, and the possibility that the all-cash deal could pressure CRH’s financial flexibility in the near term. CRH to Acquire Arcosa for $8.5 Billion Amid Market Skepticism
- Negative Sentiment: Coverage around the transaction emphasizes that investors are still digesting the scale of the acquisition and waiting for clarity on financing, synergies, and regulatory approvals. Building-Materials Supplier CRH to Buy Rival Arcosa for $8.5 Billion
CRH Stock Down 0.8%
CRH (NYSE:CRH – Get Free Report) last issued its earnings results on Thursday, April 30th. The construction company reported ($0.20) EPS for the quarter, topping the consensus estimate of ($0.22) by $0.02. CRH had a return on equity of 15.37% and a net margin of 9.65%.The business had revenue of $7.37 billion during the quarter, compared to analysts’ expectations of $7.07 billion. The company’s revenue for the quarter was up 9.1% on a year-over-year basis. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. Equities research analysts anticipate that Crh Plc will post 5.92 earnings per share for the current year.
CRH Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Friday, May 15th were given a dividend of $0.39 per share. The ex-dividend date was Friday, May 15th. This represents a $1.56 dividend on an annualized basis and a yield of 1.4%. CRH’s dividend payout ratio (DPR) is presently 28.89%.
Analysts Set New Price Targets
CRH has been the subject of several research reports. Morgan Stanley restated an “overweight” rating and set a $139.00 price objective on shares of CRH in a research report on Wednesday, April 15th. JPMorgan Chase & Co. increased their target price on shares of CRH from $135.00 to $140.00 and gave the company an “overweight” rating in a research note on Tuesday, March 3rd. Sanford C. Bernstein restated an “outperform” rating on shares of CRH in a report on Tuesday. Finally, Weiss Ratings lowered shares of CRH from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, June 18th. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $139.54.
Read Our Latest Analysis on CRH
CRH Profile
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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