CRH (CRH)

• Market cap: $69.9B
• 1 day: -1.76%
• 5 days: 5.45%
• 1 month: 11.94%
• 3 months: 2.66%
• 6 months: 35.81%
• Year to date: 11.47%
• 1 year: 38.32%
• 5 years: 168.69%
• 10 years: 288.50%
• Sector: Materials
• Industry: Cement, Hydraulic

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 Q3 regulatory filings by fund managers ($100M+ AUM)

654% more call options, than puts

Call options by funds: $494M | Put options by funds: $65.5M

133% more first-time investments, than exits

New positions opened: 147 | Existing positions closed: 63

25% more repeat investments, than reductions

Existing positions increased: 291 | Existing positions reduced: 233

15% more funds holding in top 10

Funds holding in top 10: 39 [Q2] → 45 (+6) [Q3]

12% more capital invested

Capital invested by funds: $42.3B [Q2] → $47.2B (+$4.91B) [Q3]

11% more funds holding

Funds holding: 656 [Q2] → 730 (+74) [Q3]

7.44% less ownership

Funds ownership: 81.82% [Q2] → 74.37% (-7.44%) [Q3]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $104 1% upside
• Avg. target: $115 11% upside
• High target: $120 16% upside

5 analyst ratings

• positive: 5 100%
• neutral: 0 0%
• negative: 0 0%

Citigroup Anthony Pettinari 44% 1-year accuracy 22 / 50 met price target	11% upside $115	Buy Maintained	6 Jan 2025
JP Morgan Elodie Rall 100% 1-year accuracy 1 / 1 met price target	12% upside $116	Overweight Maintained	20 Nov 2024
DA Davidson Brent Thielman 76% 1-year accuracy 34 / 45 met price target	16% upside $120	Buy Maintained	11 Nov 2024
Morgan Stanley Cedar Ekblom 50% 1-year accuracy 1 / 2 met price target	1% upside $104	Overweight Maintained	11 Nov 2024
Truist Securities Keith Hughes 63% 1-year accuracy 33 / 52 met price target	16% upside $120	Buy Maintained	8 Nov 2024