Crh Plc $CRH Shares Bought by Handelsbanken Fonder AB

Key Points

• Handelsbanken Fonder AB increased its CRH stake by 13% in the second quarter, adding 38,141 shares to hold 332,198 shares valued at approximately $35.5 million. Institutional investors collectively own 62.5% of CRH.
• CRH reported quarterly EPS of $2.21, exceeding the $2.02 consensus estimate, while revenue rose 5.6% year over year to $10.78 billion. The company issued fiscal 2026 EPS guidance of $5.60–$6.05.
• Analysts maintain a bullish outlook, with the stock carrying an average “Buy” rating and a $139.44 target price versus its recent $101.14 share price. CRH also declared a quarterly dividend of $0.39 per share, representing a 1.5% annualized yield.

Handelsbanken Fonder AB increased its stake in shares of Crh Plc (NYSE:CRH - Free Report) by 13.0% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 332,198 shares of the construction company's stock after purchasing an additional 38,141 shares during the period. Handelsbanken Fonder AB's holdings in CRH were worth $35,545,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also made changes to their positions in CRH. Fulton Bank N.A. boosted its stake in shares of CRH by 22.1% in the second quarter. Fulton Bank N.A. now owns 12,554 shares of the construction company's stock worth $1,343,000 after acquiring an additional 2,274 shares during the last quarter. Revolve Wealth Partners LLC acquired a new position in CRH in the 2nd quarter valued at $339,000. Sax Wealth Advisors LLC acquired a new position in CRH in the 2nd quarter valued at $596,000. Gradient Investments LLC lifted its holdings in CRH by 8.0% in the 2nd quarter. Gradient Investments LLC now owns 46,739 shares of the construction company's stock valued at $5,001,000 after purchasing an additional 3,472 shares in the last quarter. Finally, Czech National Bank lifted its holdings in CRH by 4.2% in the 2nd quarter. Czech National Bank now owns 190,195 shares of the construction company's stock valued at $20,351,000 after purchasing an additional 7,650 shares in the last quarter. Institutional investors and hedge funds own 62.50% of the company's stock.

CRH Stock Up 0.5%

Shares of NYSE:CRH opened at $101.14 on Wednesday. Crh Plc has a 52-week low of $94.11 and a 52-week high of $131.55. The stock has a market cap of $67.29 billion, a P/E ratio of 17.84, a PEG ratio of 1.79 and a beta of 1.34. The business has a fifty day moving average of $104.45 and a two-hundred day moving average of $110.07.

CRH (NYSE:CRH - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The construction company reported $2.21 EPS for the quarter, topping the consensus estimate of $2.02 by $0.19. The business had revenue of $10.78 billion for the quarter, compared to analyst estimates of $10.68 billion. CRH had a return on equity of 15.76% and a net margin of 9.93%.The company's quarterly revenue was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.94 EPS. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. On average, equities analysts anticipate that Crh Plc will post 5.8 earnings per share for the current year.

CRH Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Friday, August 14th will be paid a dividend of $0.39 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $1.56 dividend on an annualized basis and a yield of 1.5%. CRH's payout ratio is 27.51%.

Wall Street Analysts Forecast Growth

CRH has been the subject of a number of research reports. Truist Financial dropped their target price on shares of CRH from $140.00 to $130.00 and set a "buy" rating for the company in a report on Friday, July 31st. Morgan Stanley reissued an "overweight" rating and issued a $139.00 price target on shares of CRH in a research note on Wednesday, April 15th. Wells Fargo & Company lowered their price target on shares of CRH from $135.00 to $132.00 and set an "overweight" rating on the stock in a research report on Wednesday, July 8th. Jefferies Financial Group upped their price objective on shares of CRH from $149.00 to $165.60 and gave the company a "buy" rating in a research note on Friday, June 26th. Finally, Weiss Ratings raised shares of CRH from a "hold (c)" rating to a "buy (b-)" rating in a research note on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of $139.44.

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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