Legal & General Group Plc Grows Position in Crh Plc $CRH

Key Points

• Legal & General increased its stake in CRH by 4.3% in Q3 to 3,734,888 shares (about 0.56% ownership) valued at $447.4 million, and other institutions also lifted positions, leaving roughly 62.5% of the stock owned by hedge funds and institutional investors.
• CRH missed quarterly EPS expectations, reporting $1.52 versus $2.20 estimated, though revenue rose 6.2% year‑over‑year; the company set FY2026 EPS guidance of 5.60–6.05 and raised its quarterly dividend to $0.39 (annualized $1.56, 1.5% yield).
• Analysts maintain a consensus Moderate Buy on CRH with an average price target of $137.86, while several firms (including Citigroup) have issued Buy/Strong‑Buy ratings and higher targets (Citigroup to $155).

Legal & General Group Plc raised its position in Crh Plc (NYSE:CRH - Free Report) by 4.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,734,888 shares of the construction company's stock after acquiring an additional 154,224 shares during the quarter. Legal & General Group Plc owned approximately 0.56% of CRH worth $447,403,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of CRH. Principal Financial Group Inc. lifted its stake in shares of CRH by 24.7% in the third quarter. Principal Financial Group Inc. now owns 2,269,271 shares of the construction company's stock worth $272,086,000 after acquiring an additional 448,860 shares in the last quarter. Park Avenue Securities LLC bought a new position in CRH in the 3rd quarter worth about $4,491,000. Exane Asset Management increased its holdings in shares of CRH by 21.2% during the third quarter. Exane Asset Management now owns 663,774 shares of the construction company's stock valued at $80,735,000 after purchasing an additional 116,178 shares during the period. Cibc World Market Inc. lifted its position in CRH by 36.2% in the third quarter. Cibc World Market Inc. now owns 56,390 shares of the construction company's stock worth $6,761,000 after purchasing an additional 14,985 shares during the period. Finally, Dynasty Wealth Management LLC boosted its position in shares of CRH by 77.5% during the 3rd quarter. Dynasty Wealth Management LLC now owns 34,077 shares of the construction company's stock valued at $4,086,000 after purchasing an additional 14,877 shares in the last quarter. 62.50% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

CRH has been the subject of a number of research analyst reports. DA Davidson set a $120.00 target price on CRH in a report on Friday, February 20th. Jefferies Financial Group restated a "buy" rating on shares of CRH in a report on Monday, December 1st. Weiss Ratings reissued a "buy (b-)" rating on shares of CRH in a research report on Monday, December 22nd. BNP Paribas Exane upgraded CRH to a "strong-buy" rating in a research report on Friday, January 23rd. Finally, Citigroup lifted their price objective on CRH from $142.00 to $155.00 and gave the company a "buy" rating in a report on Thursday, January 8th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $137.86.

CRH Trading Down 0.2%

Shares of CRH opened at $106.26 on Wednesday. The stock has a market capitalization of $71.01 billion, a price-to-earnings ratio of 19.25, a PEG ratio of 1.86 and a beta of 1.33. Crh Plc has a 12 month low of $76.75 and a 12 month high of $131.55. The firm has a fifty day simple moving average of $122.40 and a 200 day simple moving average of $119.16.

CRH (NYSE:CRH - Get Free Report) last issued its 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). CRH had a net margin of 10.02% and a return on equity of 15.98%. The firm had revenue of $5.42 billion during the quarter, compared to the consensus estimate of $11.15 billion. During the same period in the previous year, the company posted $1.02 earnings per share. The firm's revenue for the quarter was up 6.2% compared to the same quarter last year. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. As a group, research analysts predict that Crh Plc will post 5.47 earnings per share for the current fiscal year.

CRH Increases Dividend

The firm 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 represents a $1.56 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Friday, March 6th. This is a boost from CRH's previous quarterly dividend of $0.37. CRH's dividend payout ratio (DPR) is currently 28.26%.

CRH 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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