Truist Financial Corp Trims Stock Holdings in Crh Plc $CRH

Key Points

• Truist Financial trimmed its stake in CRH by 3.9% in Q4, selling 8,785 shares and ending the period with 214,680 shares valued at $26.79 million.
• Sell-side analysts are generally positive, with a consensus rating of “Moderate Buy” and an average price target of $139.54 after multiple upward revisions (e.g., Citi $155, JPMorgan $140).
• CRH beat quarterly expectations (EPS -$0.20 vs. -$0.22) with revenue up 9.1% to $7.37B, set FY2026 guidance of $5.60–$6.05 EPS, and declared a $0.39 quarterly dividend (1.4% yield).

Truist Financial Corp lowered its position in shares of Crh Plc (NYSE:CRH - Free Report) by 3.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 214,680 shares of the construction company's stock after selling 8,785 shares during the quarter. Truist Financial Corp's holdings in CRH were worth $26,792,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of CRH. Principal Financial Group Inc. boosted its holdings in shares of CRH by 24.7% in the 3rd quarter. Principal Financial Group Inc. now owns 2,269,271 shares of the construction company's stock valued at $272,086,000 after acquiring an additional 448,860 shares during the last quarter. Park Avenue Securities LLC purchased a new position in shares of CRH during the third quarter worth $4,491,000. Exane Asset Management lifted its position in 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. boosted its holdings in CRH by 36.2% in the third quarter. Cibc World Market Inc. now owns 56,390 shares of the construction company's stock valued at $6,761,000 after purchasing an additional 14,985 shares during the last quarter. Finally, SouthState Bank Corp grew its position in CRH by 20,243.5% during the 3rd quarter. SouthState Bank Corp now owns 21,971 shares of the construction company's stock worth $2,634,000 after purchasing an additional 21,863 shares during the period. 62.50% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. boosted their price objective on CRH from $135.00 to $140.00 and gave the company an "overweight" rating in a report on Tuesday, March 3rd. Citigroup raised their price objective on shares of CRH from $142.00 to $155.00 and gave the stock a "buy" rating in a research note on Thursday, January 8th. Wells Fargo & Company increased their price target on shares of CRH from $133.00 to $135.00 and gave the stock an "equal weight" rating in a report on Friday, February 20th. DA Davidson set a $120.00 target price on shares of CRH in a research note on Friday, February 20th. Finally, BNP Paribas Exane raised CRH to a "strong-buy" rating in a report on Friday, January 23rd. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, CRH has a consensus rating of "Moderate Buy" and an average price target of $139.54.

CRH Stock Up 2.2%

CRH opened at $114.98 on Thursday. The company has a market cap of $76.84 billion, a PE ratio of 21.29, a price-to-earnings-growth ratio of 1.97 and a beta of 1.36. Crh Plc has a twelve month low of $86.82 and a twelve month high of $131.55. The company has a 50-day moving average price of $110.74 and a 200 day moving average price of $117.80.

CRH (NYSE:CRH - Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The construction company reported ($0.20) EPS for the quarter, topping the consensus estimate of ($0.22) by $0.02. The company had revenue of $7.37 billion during the quarter, compared to analyst estimates of $7.07 billion. CRH had a return on equity of 15.37% and a net margin of 9.65%.CRH's revenue for the quarter was up 9.1% on a year-over-year basis. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. As a group, sell-side analysts expect that Crh Plc will post 5.94 earnings per share for the current year.

CRH Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Friday, May 15th will be paid a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Friday, May 15th. CRH's dividend payout ratio is currently 28.89%.

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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