Clark Capital Management Group Inc. Has $131.05 Million Stock Position in Crh Plc $CRH

Key Points

• Clark Capital Management Group increased its Q3 stake in CRH by 1.8% to 1,092,975 shares worth $131.05 million, making CRH its 22nd-largest holding (about 0.8% of the fund's portfolio).
• CRH's latest quarter missed expectations, reporting $1.52 EPS vs. $2.20 expected and revenue of $5.42 billion vs. $11.15 billion consensus, while setting FY2026 guidance of 5.600–6.050 EPS (analysts forecast ~5.47).
• CRH raised its quarterly dividend to $0.39 (annualized $1.56, ~1.6% yield), and the stock carries a Wall Street consensus of "Moderate Buy" with an average target of $137.86.

Clark Capital Management Group Inc. grew its position in shares of Crh Plc (NYSE:CRH - Free Report) by 1.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,092,975 shares of the construction company's stock after buying an additional 19,831 shares during the quarter. CRH makes up about 0.8% of Clark Capital Management Group Inc.'s investment portfolio, making the stock its 22nd biggest position. Clark Capital Management Group Inc. owned 0.16% of CRH worth $131,048,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. L2 Asset Management LLC raised its stake in shares of CRH by 3.0% in the second quarter. L2 Asset Management LLC now owns 3,028 shares of the construction company's stock worth $278,000 after acquiring an additional 89 shares during the last quarter. UMB Bank n.a. grew its stake in CRH by 34.8% in the third quarter. UMB Bank n.a. now owns 356 shares of the construction company's stock valued at $43,000 after acquiring an additional 92 shares during the period. Crossmark Global Holdings Inc. increased its stake in CRH by 2.4% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 4,126 shares of the construction company's stock worth $495,000 after purchasing an additional 96 shares in the last quarter. Sound View Wealth Advisors Group LLC increased its holdings in CRH by 3.4% during the 3rd quarter. Sound View Wealth Advisors Group LLC now owns 3,082 shares of the construction company's stock worth $370,000 after purchasing an additional 100 shares in the last quarter. Finally, Shepherd Financial Partners LLC raised its position in CRH by 0.3% in the 3rd quarter. Shepherd Financial Partners LLC now owns 33,863 shares of the construction company's stock valued at $4,060,000 after buying an additional 106 shares during the last quarter. 62.50% of the stock is owned by institutional investors and hedge funds.

CRH Trading Up 0.0%

CRH opened at $99.74 on Friday. Crh Plc has a 1-year low of $76.75 and a 1-year high of $131.55. The company has a market cap of $66.65 billion, a price-to-earnings ratio of 18.07, a PEG ratio of 1.74 and a beta of 1.33. The company's fifty day moving average price is $120.94 and its two-hundred day moving average price is $118.86.

CRH (NYSE:CRH - Get Free Report) last released 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 for the quarter, compared to analysts' expectations of $11.15 billion. CRH had a return on equity of 15.98% and a net margin of 10.02%.The firm's revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.02 earnings per share. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. As a group, equities analysts forecast that Crh Plc will post 5.47 earnings per share for the current fiscal year.

CRH Increases Dividend

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

Wall Street Analyst Weigh In

Several research analysts recently commented on CRH shares. BNP Paribas Exane raised CRH to a "strong-buy" rating in a research report on Friday, January 23rd. Jefferies Financial Group reissued a "buy" rating on shares of CRH in a research report on Monday, December 1st. Longbow Research began coverage on CRH in a report on Tuesday, December 16th. They issued a "buy" rating and a $160.00 price objective for the company. UBS Group upped their price target on shares of CRH from $138.00 to $147.00 and gave the stock a "buy" rating in a report on Thursday, January 8th. Finally, Weiss Ratings reaffirmed a "buy (b-)" rating on shares of CRH in a research note on Monday, December 22nd. Two 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 stock. According to data from MarketBeat, CRH presently has a consensus rating of "Moderate Buy" and an average 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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