Capital World Investors Sells 509,992 Shares of Crh Plc $CRH

Key Points

• Capital World Investors cut its CRH stake by 9.3% in Q3, selling 509,992 shares and now holds 4,977,547 shares (about 0.74% of CRH) valued at roughly $596.6 million.
• CRH missed its latest quarterly expectations, reporting $1.52 EPS vs. $2.20 consensus and $5.42 billion in revenue vs. $11.15 billion consensus, while issuing FY2026 guidance of 5.600–6.050 EPS and carrying a MarketBeat consensus rating of "Moderate Buy" with a $137.86 price target.
• CRH increased its quarterly dividend to $0.39 (annualized $1.56), up from $0.37, yielding about 1.5% with a payout ratio near 28.3%.

Capital World Investors lowered its stake in Crh Plc (NYSE:CRH - Free Report) by 9.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,977,547 shares of the construction company's stock after selling 509,992 shares during the period. Capital World Investors owned approximately 0.74% of CRH worth $596,581,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. United Community Bank lifted its holdings in CRH by 359.6% in the third quarter. United Community Bank now owns 239 shares of the construction company's stock worth $29,000 after buying an additional 187 shares during the period. Riggs Asset Managment Co. Inc. increased its holdings in shares of CRH by 1,835.3% during the second quarter. Riggs Asset Managment Co. Inc. now owns 329 shares of the construction company's stock valued at $30,000 after acquiring an additional 312 shares in the last quarter. Cornerstone Planning Group LLC raised its holdings in CRH by 139.3% in the third quarter. Cornerstone Planning Group LLC now owns 268 shares of the construction company's stock worth $31,000 after buying an additional 156 shares during the last quarter. Salomon & Ludwin LLC purchased a new position in CRH in the 3rd quarter worth approximately $32,000. Finally, Physician Wealth Advisors Inc. raised its stake in shares of CRH by 60.6% in the third quarter. Physician Wealth Advisors Inc. now owns 350 shares of the construction company's stock worth $42,000 after purchasing an additional 132 shares during the last quarter. 62.50% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on CRH shares. Jefferies Financial Group reissued a "buy" rating on shares of CRH in a report on Monday, December 1st. UBS Group upped their price objective on CRH from $138.00 to $147.00 and gave the company a "buy" rating in a research report on Thursday, January 8th. DA Davidson set a $120.00 target price on shares of CRH in a research note on Friday, February 20th. Longbow Research initiated coverage on shares of CRH in a research report on Tuesday, December 16th. They set a "buy" rating and a $160.00 target price on the stock. Finally, JPMorgan Chase & Co. boosted their price target on CRH from $135.00 to $140.00 and gave the company an "overweight" rating in a report on Tuesday, March 3rd. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $137.86.

CRH Stock Performance

NYSE CRH opened at $106.26 on Wednesday. Crh Plc has a one year low of $76.75 and a one year high of $131.55. The company has a market capitalization of $71.01 billion, a price-to-earnings ratio of 19.25, a price-to-earnings-growth ratio of 1.86 and a beta of 1.33. The company's 50-day simple moving average is $122.40 and its two-hundred day simple moving average is $119.16.

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

CRH Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Friday, March 6th will be given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, March 6th. This is an increase from CRH's previous quarterly dividend of $0.37. CRH's payout ratio is presently 28.26%.

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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