Crh Plc $CRH is 140 Summer Partners LP's 3rd Largest Position

Key Points

• 140 Summer Partners LP increased its stake in CRH by 4.1% in Q3 to 662,724 shares, making CRH its 3rd largest holding at about 6.9% of the fund and worth roughly $79.46 million.
• CRH missed quarterly expectations, reporting EPS of $1.52 versus $2.20 expected and revenue of $5.42 billion versus $11.15 billion expected, but issued FY2026 guidance of $5.60–$6.05 per share (analysts forecast ~5.47).
• CRH raised its quarterly dividend to $0.39 (annualized $1.56) for a ~1.6% yield, and analysts hold a Moderate Buy consensus with an average price target of $137.86.

140 Summer Partners LP increased its stake in Crh Plc (NYSE:CRH - Free Report) by 4.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 662,724 shares of the construction company's stock after acquiring an additional 26,014 shares during the period. CRH makes up about 6.9% of 140 Summer Partners LP's holdings, making the stock its 3rd largest holding. 140 Summer Partners LP owned about 0.10% of CRH worth $79,461,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. 1858 Wealth Management LLC acquired a new stake in CRH in the 3rd quarter valued at about $334,000. Alkeon Capital Management LLC acquired a new stake in CRH in the third quarter valued at approximately $209,825,000. Ameriprise Financial Inc. lifted its stake in CRH by 8.3% in the third quarter. Ameriprise Financial Inc. now owns 4,014,424 shares of the construction company's stock worth $483,125,000 after acquiring an additional 306,104 shares during the last quarter. L1 Capital International Pty Ltd lifted its stake in CRH by 1.9% in the third quarter. L1 Capital International Pty Ltd now owns 269,106 shares of the construction company's stock worth $32,266,000 after acquiring an additional 5,058 shares during the last quarter. Finally, Creative Planning grew its holdings in CRH by 24.5% during the 3rd quarter. Creative Planning now owns 47,464 shares of the construction company's stock worth $5,691,000 after acquiring an additional 9,330 shares in the last quarter. 62.50% of the stock is currently owned by hedge funds and other institutional investors.

CRH Stock Performance

CRH stock opened at $99.74 on Friday. The company has a market capitalization of $66.65 billion, a P/E ratio of 18.07, a PEG ratio of 1.74 and a beta of 1.33. Crh Plc has a fifty-two week low of $76.75 and a fifty-two week high of $131.55. The stock has a 50-day simple moving average of $120.94 and a 200-day simple moving average of $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 (EPS) for the quarter, missing analysts' consensus estimates 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 company's quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.02 EPS. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. As a group, analysts forecast that Crh Plc will post 5.47 earnings per share for the current year.

CRH Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Friday, March 6th will be paid 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 yield of 1.6%. This is an increase from CRH's previous quarterly dividend of $0.37. CRH's dividend payout ratio (DPR) is currently 28.26%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on CRH shares. Jefferies Financial Group restated a "buy" rating on shares of CRH in a report on Monday, December 1st. Morgan Stanley increased their target price on CRH from $140.00 to $141.00 and gave the company an "overweight" rating in a report on Monday, March 2nd. DA Davidson set a $120.00 price target on CRH in a research note on Friday, February 20th. JPMorgan Chase & Co. lifted their price target on CRH from $135.00 to $140.00 and gave the stock an "overweight" rating in a report on Tuesday, March 3rd. Finally, UBS Group upped their price objective on CRH from $138.00 to $147.00 and gave the stock a "buy" rating in a research report on Thursday, January 8th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target 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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