Savant Capital LLC Has $834,000 Stock Position in Crh Plc $CRH

by · The Cerbat Gem

Savant Capital LLC reduced its position in Crh Plc (NYSE:CRH – Free Report) by 79.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 6,683 shares of the construction company’s stock after selling 25,126 shares during the period. Savant Capital LLC’s holdings in CRH were worth $834,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. NewEdge Advisors LLC lifted its position in CRH by 158.5% during the first quarter. NewEdge Advisors LLC now owns 8,670 shares of the construction company’s stock worth $763,000 after acquiring an additional 5,316 shares during the last quarter. Empowered Funds LLC grew its position in shares of CRH by 5.3% in the first quarter. Empowered Funds LLC now owns 13,178 shares of the construction company’s stock valued at $1,159,000 after purchasing an additional 658 shares during the last quarter. Sivia Capital Partners LLC grew its position in shares of CRH by 58.5% in the second quarter. Sivia Capital Partners LLC now owns 4,279 shares of the construction company’s stock valued at $393,000 after purchasing an additional 1,579 shares during the last quarter. Sei Investments Co. grew its position in shares of CRH by 18.9% in the second quarter. Sei Investments Co. now owns 228,288 shares of the construction company’s stock valued at $20,957,000 after purchasing an additional 36,238 shares during the last quarter. Finally, Treasurer of the State of North Carolina grew its position in shares of CRH by 0.7% in the second quarter. Treasurer of the State of North Carolina now owns 316,818 shares of the construction company’s stock valued at $29,084,000 after purchasing an additional 2,348 shares during the last quarter. 62.50% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

View Our Latest Research Report on CRH

CRH Trading Down 0.2%

NYSE CRH opened at $106.57 on Wednesday. Crh Plc has a 1-year low of $86.82 and a 1-year high of $131.55. The company has a 50 day moving average of $109.43 and a 200-day moving average of $116.37. The company has a market cap of $71.21 billion, a price-to-earnings ratio of 19.73, a PEG ratio of 1.86 and a beta of 1.31.

CRH (NYSE:CRH – Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The construction company reported ($0.20) earnings per share 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 the consensus estimate of $7.07 billion. CRH had a net margin of 9.65% and a return on equity of 15.37%. The firm’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. On average, equities research analysts forecast that Crh Plc will post 5.92 earnings per share for the current year.

CRH Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Friday, May 15th will be paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Friday, May 15th. CRH’s dividend payout ratio (DPR) is 28.89%.

CRH Company 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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