Amundi 13F: Adds $267M to CRH Stake
Amundi expanded its holdings in CRH plc by over 2.5 million shares during the period.
Reviewed by automated data checks against the source filing. How we make and check alerts
Amundi added 2,550,178 shares to its stake in CRH plc ($CRH), a 74.66% increase, according to a 13F filing with the SEC dated May 18, 2026. It reported 5,965,814 shares worth $625.40 million at the end of the quarter.
Since the filing, $CRH is down 1.2% after 1 week, up 5.8% after 1 month and down 18.8% to date (from the $102.98 close on May 18, 2026).
Key Points
- Amundi raised its CRH plc position by 74.6% during the period, adding 2,550,178 shares to finish with 5,965,814 shares valued at about $625.4 million according to a Form 13F filing with the SEC.
- CRH shares trade on the NYSE at $104.83, supported by a trailing price-to-earnings ratio of 15.4 and an annual dividend of $1.56 per share yielding 1.8%.
- Wall Street analysts maintain a strong buy consensus on CRH with an average price target of $134.85 across 24 opinions, ahead of the next earnings report scheduled for October 29, 2026.
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Amundi Expands CRH Position
Institutional investor Amundi grew its holdings in CRH plc (NYSE: CRH) significantly, purchasing an additional 2,550,178 shares during the period. According to a Form 13F filing with the SEC, the fund's total stake reached 5,965,814 shares valued at approximately $625.4 million. This move marked a 74.6% increase from the prior quarter's holding of 3,415,636 shares. Because 13F filings look backward at past quarters, this snapshot reflects holdings as of the reporting date and may not represent the investor's exact current position today.
How Amundi Manages Major Equity Positions
As a prominent institutional manager, Amundi frequently adjusts its portfolio weights across various sectors through large-scale share purchases and sales. This aggressive addition to CRH aligns with other recent portfolio adjustments by the firm, which previously included boosting stakes in CME Group Inc. and American Water Works while trimming positions in other large equities like Chubb Limited and CSX Corporation. The substantial capital commitment to the building materials sector demonstrates how the firm allocates resources when conviction builds around specific industrial players.
CRH Stock Performance and Valuation Context
Trading on the New York Stock Exchange, CRH shares changed hands at $104.83. The company carries a market valuation near $58.0 billion and operates with a trailing price-to-earnings ratio of 15.4. Over the past year, the stock has moved between a low of $85.47 and a high of $131.55.
Financial Health and Recent Earnings Results
The building products provider generated $38.6 billion in revenue over the trailing twelve months, achieving a revenue growth rate of 5.6%. Profitability metrics include a net margin of 9.9% and a return on equity of 15.8%. Earnings per share stand at $5.66. Investors are looking ahead to the next earnings release scheduled for October 29, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
Analyst view held steady after the report.
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EPS & revenue
EPS beat estimates by 11.8%. Revenue beat estimates by 3.2%.
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Profit surprise
EBITDA met by 0 percent.
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Pre-earnings setup
Bar was high, analysts already very bullish.
- Analyst signal
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Earnings quality
Gross margin up 0.6 points. Operating margin down 0.6 points. Positive free cash flow.
Earnings Call Summary
CRH had a strong start to 2026 with revenue of $7.4 billion, up 9 percent from last year, driven by good early season project activity and disciplined pricing execution. The company is actively managing its portfolio by divesting $1.9 billion of noncore businesses and investing $900 million in nine acquisitions, including a $700 million deal for Axius Water to strengthen its water infrastructure platform. Margins expanded 70 basis points in the quarter as operational improvements and cost discipline offset mid-single-digit inflation in labor and materials.
Guidance CRH reaffirmed its full year adjusted EBITDA guidance of $8.1 billion to $8.5 billion and diluted earnings per share of $5.60 to $6.05. The company expects low to mid single-digit growth in aggregates and cement volumes and prices for the rest of the year, supported by strong infrastructure funding and project backlogs.
Neutral report. Results and guidance were close to expectations, with limited evidence of a reset either way.
Dividend Income and Payout Structure
CRH rewards shareholders with an annual dividend of $1.56 per share, translating to a dividend yield of 1.8%. This distribution is supported by a modest dividend payout ratio of 26.9%, allowing the company to retain the majority of its earnings for reinvestment and operational growth.
Analysts Set New Price Targets
Wall Street firms maintain an active dialogue regarding CRH stock. On October 9, 2026, RBC Capital maintained its outperform rating while adjusting its price target to $135.0. Earlier in October, Wells Fargo kept an overweight rating with a target of $106.0, while Truist Securities maintained a buy rating at a $105.0 target. Citigroup also maintained a buy rating with a $106.0 target on October 2, 2026. Overall, the stock holds a consensus recommendation of strong buy with a mean price target of $134.85 based on 24 analyst opinions.
About CRH plc
Headquartered in Dublin, Ireland, CRH provides building materials and infrastructure solutions for public works, commercial construction, and residential housing projects across the United States, Europe, and international markets. The company produces aggregates, cement, asphalt, and precast concrete products used in critical utility networks and transportation systems.
Looking Ahead for Institutional Filings
As markets progress through the autumn, institutional watchers will monitor subsequent Form 13F disclosures to see whether Amundi continues to build upon its position or stabilizes its holdings in the industrial materials sector.
Source: Amundi's 13F filing on $CRH (May 18, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Amundi 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts
