Arrow Capital Pty Ltd Acquires New Stake in Crh Plc $CRH

Key Points

• Arrow Capital Pty Ltd acquired a new stake of 37,500 shares in CRH during Q3, valued at about $4.50 million, representing roughly 0.1% of Arrow's portfolio and its 13th largest holding.
• CRH missed quarterly expectations, reporting $1.52 EPS vs. a $2.20 consensus and $5.42 billion in revenue vs. $11.15 billion expected, but set FY2026 guidance of 5.600–6.050 EPS and carries a MarketBeat consensus rating of Moderate Buy with a $137.86 target.
• CRH raised its quarterly dividend to $0.39 (from $0.37), equal to an annualized $1.56 and a ~1.6% yield, while institutional investors hold about 62.5% of the shares.

Arrow Capital Pty Ltd acquired a new stake in Crh Plc (NYSE:CRH - Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 37,500 shares of the construction company's stock, valued at approximately $4,496,000. CRH makes up about 0.1% of Arrow Capital Pty Ltd's investment portfolio, making the stock its 13th largest position.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. L2 Asset Management LLC grew its holdings in shares of CRH by 3.0% during the second quarter. L2 Asset Management LLC now owns 3,028 shares of the construction company's stock worth $278,000 after buying an additional 89 shares in the last quarter. UMB Bank n.a. lifted its stake in shares of CRH by 34.8% in the third quarter. UMB Bank n.a. now owns 356 shares of the construction company's stock worth $43,000 after buying an additional 92 shares in the last quarter. Crossmark Global Holdings Inc. lifted its stake in shares of CRH by 2.4% in the third quarter. Crossmark Global Holdings Inc. now owns 4,126 shares of the construction company's stock worth $495,000 after buying an additional 96 shares in the last quarter. Sound View Wealth Advisors Group LLC boosted its position in CRH by 3.4% during the third quarter. Sound View Wealth Advisors Group LLC now owns 3,082 shares of the construction company's stock worth $370,000 after acquiring an additional 100 shares during the last quarter. Finally, Shepherd Financial Partners LLC boosted its position in CRH by 0.3% during the third quarter. Shepherd Financial Partners LLC now owns 33,863 shares of the construction company's stock worth $4,060,000 after acquiring an additional 106 shares during the last quarter. Institutional investors and hedge funds own 62.50% of the company's stock.

CRH Price Performance

Shares of CRH stock opened at $99.74 on Friday. The company has a market capitalization of $66.65 billion, a PE ratio of 18.07, a price-to-earnings-growth ratio of 1.74 and a beta of 1.33. The firm's 50-day moving average is $120.94 and its two-hundred day moving average is $118.86. Crh Plc has a 12 month low of $76.75 and a 12 month high of $131.55.

CRH (NYSE:CRH - Get Free Report) last posted its quarterly earnings results on Wednesday, February 18th. The construction company reported $1.52 earnings per share for the quarter, missing the consensus estimate of $2.20 by ($0.68). The firm had revenue of $5.42 billion during the quarter, compared to analysts' expectations of $11.15 billion. CRH had a net margin of 10.02% and a return on equity of 15.98%. The business's quarterly revenue was up 6.2% on a year-over-year basis. During the same period last year, the company earned $1.02 EPS. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. Sell-side analysts forecast that Crh Plc will post 5.47 EPS for the current year.

CRH Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Friday, March 6th will be issued a dividend of $0.39 per share. The ex-dividend date is Friday, March 6th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.6%. This is a boost from CRH's previous quarterly dividend of $0.37. CRH's dividend payout ratio (DPR) is currently 28.26%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. JPMorgan Chase & Co. increased their price objective on shares of CRH from $135.00 to $140.00 and gave the company an "overweight" rating in a report on Tuesday, March 3rd. UBS Group boosted their target price on CRH from $138.00 to $147.00 and gave the stock a "buy" rating in a report on Thursday, January 8th. Citigroup upped their price target on CRH from $142.00 to $155.00 and gave the company a "buy" rating in a research report on Thursday, January 8th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of CRH in a research report on Monday, December 8th. Finally, Jefferies Financial Group reissued a "buy" rating on shares of CRH in a research note on Monday, December 1st. Two research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, CRH currently has a consensus rating of "Moderate Buy" and a consensus target price of $137.86.

CRH Company 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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