Crh Plc $CRH Stock: VIRGINIA RETIREMENT SYSTEMS ET Al Increases Stake

Key Points

• Institutional ownership increased: Virginia Retirement Systems raised its CRH stake by 32% to 61,050 shares, while institutional investors collectively own 62.5% of the company.
• Analysts remain broadly bullish: CRH has a consensus “Buy” rating and an average price target of $126.18, although several firms recently lowered their targets.
• Mixed quarterly performance: CRH beat EPS estimates with $2.09 per share, but revenue of $11.40 billion fell short of expectations and year-over-year EPS declined. The company declared a $0.39 quarterly dividend, equivalent to a 1.7% yield.

VIRGINIA RETIREMENT SYSTEMS ET Al boosted its position in shares of Crh Plc (NYSE:CRH - Free Report) by 32.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 61,050 shares of the construction company's stock after acquiring an additional 14,800 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al's holdings in CRH were worth $5,055,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Amundi increased its stake in shares of CRH by 74.7% in the first 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 during the period. Hsbc Holdings PLC boosted its stake in CRH by 441.4% during the 1st quarter. Hsbc Holdings PLC now owns 1,468,493 shares of the construction company's stock valued at $154,218,000 after purchasing an additional 1,197,255 shares during the period. Renaissance Technologies LLC acquired a new stake in CRH in the 1st quarter valued at approximately $79,124,000. Janus Henderson Group PLC grew its holdings in CRH by 27.9% in 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 during the last quarter. Finally, Engineers Gate Manager LP increased its position in CRH by 1,838.4% in the 2nd quarter. Engineers Gate Manager LP now owns 461,503 shares of the construction company's stock worth $49,381,000 after buying an additional 437,694 shares during the period. 62.50% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Stephens dropped their target price on shares of CRH from $125.00 to $105.00 and set an "overweight" rating on the stock in a research report on Friday, October 2nd. DA Davidson began coverage on shares of CRH in a research report on Monday, August 24th. They set a "buy" rating and a $137.00 price objective for the company. UBS Group cut their price objective on shares of CRH from $147.00 to $135.00 and set a "buy" rating for the company in a research report on Tuesday, September 22nd. Wells Fargo & Company reduced their target price on shares of CRH from $106.00 to $100.00 and set an "overweight" rating for the company in a research note on Friday. Finally, Morgan Stanley started coverage on CRH in a research report on Friday, September 11th. They set an "overweight" rating and a $139.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of $126.18.

CRH Trading Up 0.0%

NYSE CRH opened at $90.85 on Monday. Crh Plc has a 1-year low of $78.62 and a 1-year high of $131.55. The company has a market capitalization of $60.44 billion, a price-to-earnings ratio of 17.05, a PEG ratio of 1.75 and a beta of 1.33. The stock's 50 day moving average is $87.19 and its two-hundred day moving average is $104.24.

CRH (NYSE:CRH - Get Free Report) last posted its earnings results on Thursday, October 29th. The construction company reported $2.09 EPS for the quarter, topping the consensus estimate of $2.06 by $0.03. The business had revenue of $11.40 billion during the quarter, compared to the consensus estimate of $11.56 billion. CRH had a return on equity of 15.03% and a net margin of 9.19%. CRH's revenue was up 3.0% on a year-over-year basis. During the same quarter last year, the company earned $2.21 EPS. On average, analysts predict that Crh Plc will post 5.48 earnings per share for the current year.

CRH Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 9th. Stockholders of record on Friday, November 13th will be issued a $0.39 dividend. The ex-dividend date of this dividend is Friday, November 13th. This represents a $1.56 annualized dividend and a dividend yield of 1.7%. CRH's dividend payout ratio is presently 29.27%.

Trending Headlines about CRH

Here are the key news stories impacting CRH this week:

• Positive Sentiment: EPS beat and buyback support sentiment: CRH reported third-quarter adjusted EPS of $2.09, slightly above the $2.06 consensus estimate. Management also authorized a $6 billion share buyback, which could support per-share earnings and signal confidence in the valuation. CRH reports increased revenues, lower income in third quarter
• Positive Sentiment: Acquisition and longer-term growth opportunities: CRH completed its $8.5 billion acquisition of Arcosa, while its Velocity initiative is targeting $400 million in annual run-rate benefits by 2028. The company outlined a 2026 adjusted EBITDA outlook of $7.8 billion to $8.0 billion. CRH outlines 2026 EBITDA outlook
• Positive Sentiment: Dividend maintained: CRH declared a quarterly dividend of $0.39 per share, or $1.56 annualized, representing an indicated yield of approximately 1.7%. The dividend is payable December 9 to shareholders of record November 13. CRH dividend announcement
• Positive Sentiment: Analyst remains constructive: Wells Fargo lowered its CRH price target from $106 to $100 but retained an “overweight” rating, implying roughly 10% upside from the referenced price. Wells Fargo CRH rating
• Negative Sentiment: Guidance and operating pressures weigh on the outlook: Third-quarter revenue of $11.40 billion missed the $11.56 billion consensus, while EPS declined from $2.21 a year earlier. Rising costs, weaker housing activity and margin pressure prompted CRH to lower or tighten its 2026 outlook despite pricing gains. CRH Q3 earnings and outlook

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.

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