CRH
About: CRH is a global manufacturer of a range of building products used in construction projects, operating via a vertically integrated business model. The past decade has seen CRH transform into a leading building materials business, with increasing exposure to upstream building activities such as aggregates and cement. CRH's geographic footprint is mostly across developed markets. North America is CRH's largest market and accounts for 75% of EBITDA. The company is the largest producer of aggregates and asphalt in the US.
Employees: 78,500
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
243% more call options, than puts
Call options by funds: $215M | Put options by funds: $62.9M
20% more first-time investments, than exits
New positions opened: 126 | Existing positions closed: 105
17.34% more ownership
Funds ownership: 61.79% [Q1] → 79.13% (+17.34%) [Q2]
10% more capital invested
Capital invested by funds: $37.2B [Q1] → $40.9B (+$3.71B) [Q2]
3% more funds holding
Funds holding: 633 [Q1] → 654 (+21) [Q2]
8% more repeat investments, than reductions
Existing positions increased: 245 | Existing positions reduced: 226
33% less funds holding in top 10
Funds holding in top 10: 58 [Q1] → 39 (-19) [Q2]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
DA Davidson Brent Thielman 85% 1-year accuracy 17 / 20 met price target | 22%upside $110 | Buy Maintained | 9 Aug 2024 |
Truist Securities Keith Hughes 76% 1-year accuracy 29 / 38 met price target | 22%upside $110 | Buy Maintained | 9 Aug 2024 |
Citigroup Anthony Pettinari 62% 1-year accuracy 33 / 53 met price target | 10%upside $99 | Buy Maintained | 11 Jul 2024 |
Morgan Stanley Cedar Ekblom 0 / 0 met price target | 2%downside $88 | Overweight Upgraded | 9 Jul 2024 |
Financial journalist opinion
Based on 4 articles about CRH published over the past 30 days