Crh Plc $CRH Shares Sold by Generali Asset Management SPA SGR

Key Points

• Generali Asset Management reduced its CRH stake by 40.2% in the third quarter, selling 28,134 shares and retaining 41,798 shares valued at approximately $3.46 million. Institutional investors collectively own 62.5% of CRH.
• CRH reported third-quarter adjusted EPS of $2.09, beating estimates, while revenue rose 3% year over year to $11.4 billion but missed expectations. The company maintained its 2026 adjusted EBITDA outlook of approximately $7.8 billion to $8.0 billion.
• CRH completed its $8.5 billion Arcosa acquisition and announced a $6 billion share buyback; however, analysts have recently lowered price targets amid margin pressure, weak housing markets and integration risks.

Generali Asset Management SPA SGR lessened its holdings in Crh Plc (NYSE:CRH - Free Report) by 40.2% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 41,798 shares of the construction company's stock after selling 28,134 shares during the quarter. Generali Asset Management SPA SGR's holdings in CRH were worth $3,461,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in CRH. Amundi boosted its position in shares of CRH by 74.7% in the 1st quarter. Amundi now owns 5,965,814 shares of the construction company's stock worth $627,126,000 after purchasing an additional 2,550,178 shares in the last quarter. Hsbc Holdings PLC grew its stake in shares of CRH by 441.4% in the 1st quarter. Hsbc Holdings PLC now owns 1,468,493 shares of the construction company's stock worth $154,218,000 after buying an additional 1,197,255 shares during the last quarter. Renaissance Technologies LLC purchased a new stake in shares of CRH in the 1st quarter worth approximately $79,124,000. Janus Henderson Group PLC increased its position in CRH by 27.9% during the 1st quarter. Janus Henderson Group PLC now owns 2,186,541 shares of the construction company's stock valued at $228,994,000 after buying an additional 477,242 shares in the last quarter. Finally, Engineers Gate Manager LP increased its position in CRH by 1,838.4% during the 2nd quarter. Engineers Gate Manager LP now owns 461,503 shares of the construction company's stock valued at $49,381,000 after buying an additional 437,694 shares in the last quarter. Institutional investors own 62.50% of the company's stock.

Trending Headlines about CRH

Here are the key news stories impacting CRH this week:

• Positive Sentiment: EPS beat and resilient revenue growth: CRH reported third-quarter adjusted EPS of $2.09, ahead of the $2.06 consensus estimate. Revenue increased 3% year over year to $11.40 billion, demonstrating continued demand despite a challenging operating environment. CRH earnings report
• Positive Sentiment: $6 billion share buyback: The newly announced repurchase program provides substantial support for per-share earnings and signals management’s confidence in CRH’s cash generation and valuation. CRH Q3 results and buyback
• Positive Sentiment: Arcosa acquisition completed: CRH finalized its $8.5 billion acquisition of Arcosa, expanding its construction-products platform. The company also expects its Velocity initiatives to produce approximately $400 million in annual run-rate benefits by 2028. CRH EBITDA outlook and Velocity benefits
• Positive Sentiment: Dividend declared: CRH declared its quarterly dividend, payable December 9, reinforcing shareholder returns. CRH dividend announcement
• Neutral Sentiment: Management maintained a 2026 adjusted EBITDA outlook of approximately $7.8 billion to $8.0 billion, while emphasizing pricing gains and acquisition-related growth.
• Negative Sentiment: Profitability and guidance pressures: Quarterly EPS declined from $2.21 a year earlier, revenue missed analysts’ expectations, and rising costs and weak housing markets pressured margins. CRH tightened or lowered portions of its full-year outlook, creating execution risk for the Arcosa integration and near-term earnings. CRH Q3 earnings pressures

CRH Trading Up 4.8%

CRH stock opened at $90.73 on Friday. The firm has a market cap of $60.36 billion, a price-to-earnings ratio of 16.00, a PEG ratio of 1.57 and a beta of 1.31. The stock has a fifty day simple moving average of $87.24 and a two-hundred day simple moving average of $104.44. Crh Plc has a 12 month low of $78.62 and a 12 month high of $131.55.

CRH (NYSE:CRH - Get Free Report) last announced its quarterly earnings results on Thursday, October 29th. The construction company reported $2.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.06 by $0.03. CRH had a return on equity of 15.76% and a net margin of 9.93%. The firm had revenue of $11.40 billion for the quarter, compared to the consensus estimate of $11.56 billion. During the same period in the prior year, the company posted $2.21 earnings per share. The company's quarterly revenue was up 3.0% on a year-over-year basis. On average, equities research analysts forecast that Crh Plc will post 5.83 EPS for the current fiscal year.

Analyst Ratings Changes

CRH has been the subject of a number of recent research reports. BNP Paribas Exane lowered their price objective on CRH from $157.00 to $110.00 and set an "outperform" rating for the company in a research note on Wednesday, September 16th. Barclays cut their target price on CRH from $131.00 to $110.00 and set an "overweight" rating on the stock in a research note on Monday, October 19th. Stephens reduced their price target on CRH from $125.00 to $105.00 and set an "overweight" rating for the company in a report on Friday, October 2nd. Truist Financial reduced their price target on CRH from $130.00 to $105.00 and set a "buy" rating for the company in a report on Monday, October 5th. Finally, Morgan Stanley began coverage on CRH in a research report on Friday, September 11th. They issued an "overweight" rating and a $139.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of $126.50.

CRH Profile

CRH plc is a global building materials company that supplies products and solutions used in residential, commercial and infrastructure construction. Its activities include the production and distribution of aggregates, asphalt, ready-mixed concrete, cement and other construction materials, as well as value-added products such as precast concrete, architectural products and site-development solutions.

The company serves customers across North America and Europe, including contractors, construction companies, infrastructure developers, distributors and public-sector organizations.

Want to see what other hedge funds are holding CRH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Crh Plc (NYSE:CRH - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.