Mirae Asset Global Investments Co. Ltd. Makes New Investment in Crh Plc $CRH

Posted by Brenda Bartman on Nov 4th, 2026

Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Crh Plc (NYSE:CRH – Free Report) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 178,320 shares of the construction company’s stock, valued at approximately $14,765,000.

Other hedge funds have also added to or reduced their stakes in the company. Amundi boosted its holdings in CRH by 74.7% in the first quarter. Amundi now owns 5,965,814 shares of the construction company’s stock worth $627,126,000 after acquiring an additional 2,550,178 shares in the last quarter. Bank of America Corp DE boosted its stake in CRH by 3.8% during the 1st quarter. Bank of America Corp DE now owns 5,928,489 shares of the construction company’s stock valued at $623,203,000 after purchasing an additional 216,822 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in CRH by 6.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,831,618 shares of the construction company’s stock valued at $507,784,000 after purchasing an additional 297,309 shares during the last quarter. Lazard Asset Management LLC boosted its stake in CRH by 4.1% during the 1st quarter. Lazard Asset Management LLC now owns 2,336,754 shares of the construction company’s stock valued at $245,460,000 after purchasing an additional 93,106 shares during the last quarter. Finally, Janus Henderson Group PLC lifted its holdings in shares of CRH by 27.9% in the first quarter. Janus Henderson Group PLC now owns 2,186,541 shares of the construction company’s stock valued at $228,994,000 after purchasing an additional 477,242 shares in the last quarter. 62.50% of the stock is currently owned by institutional investors.

CRH Stock Down 3.2%

Shares of NYSE CRH opened at $93.55 on Wednesday. Crh Plc has a 52 week low of $78.62 and a 52 week high of $131.55. The business has a 50-day simple moving average of $87.17 and a two-hundred day simple moving average of $103.94. The company has a market cap of $62.23 billion, a P/E ratio of 17.19, a P/E/G ratio of 1.85 and a beta of 1.33.

CRH (NYSE:CRH – Get Free Report) last posted its quarterly earnings data on Thursday, October 29th. The construction company reported $2.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.06 by $0.03. CRH had a return on equity of 15.03% and a net margin of 9.19%. The company had revenue of $11.40 billion during the quarter, compared to analyst estimates of $11.56 billion. During the same quarter last year, the company earned $2.21 earnings per share. The firm’s quarterly revenue was up 3.0% on a year-over-year basis. Equities research analysts anticipate that Crh Plc will post 5.52 EPS for the current year.

CRH Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 9th. Investors of record on Friday, November 13th will be given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Friday, November 13th. CRH’s dividend payout ratio (DPR) is presently 29.27%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on CRH. UBS Group reiterated a “buy” rating on shares of CRH in a report on Monday. Wells Fargo & Company cut their price target on shares of CRH from $106.00 to $100.00 and set an “overweight” rating on the stock in a report on Friday, October 30th. Barclays reduced their price objective on shares of CRH from $131.00 to $110.00 and set an “overweight” rating for the company in a research report on Monday, October 19th. Berenberg Bank set a $140.00 price objective on shares of CRH in a research note on Tuesday, September 8th. Finally, Weiss Ratings lowered shares of CRH from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, September 16th. Nineteen investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, CRH has an average rating of “Moderate Buy” and a consensus price target of $126.13.

Get Our Latest Analysis on CRH

About CRH

(Free Report)

CRH plc is a global building materials company that supplies products and solutions used in residential, commercial and infrastructure construction. Its activities include the production and distribution of aggregates, asphalt, ready-mixed concrete, cement and other construction materials, as well as value-added products such as precast concrete, architectural products and site-development solutions.

The company serves customers across North America and Europe, including contractors, construction companies, infrastructure developers, distributors and public-sector organizations.