Latest news with #CRHplc
Yahoo
15-05-2025
- Business
- Yahoo
CRH plc (CRH) has Stronger 2025 Valuation Compared to Smaller Peers
Baron Funds, an investment management company, released its 'Baron Real Estate Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. In Q1 2025, stocks were sold due to economic growth slowdown, inflation, and policymaking issues, including Baron Real Estate Fund®, without considering value. The fund declined 6.69% (Institutional Shares) in the quarter compared to a 3.11% decline for the MSCI USA IMI Extended Real Estate Index (the MSCI Real Estate Index) and a 0.76% gain for the MSCI US REIT Index (the REIT Index). In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Baron Real Estate Fund highlighted stocks such as CRH plc (NYSE:CRH). Headquartered in Dublin, Ireland, CRH plc (NYSE:CRH) is a building materials manufacturer and distributor. The one-month return of CRH plc (NYSE:CRH) was 15.01%, and its shares gained 17.60% of their value over the last 52 weeks. On May 14, 2025, CRH plc (NYSE:CRH) stock closed at $97.47 per share with a market capitalization of $65.82 billion. Baron Real Estate Fund stated the following regarding CRH plc (NYSE:CRH) in its Q1 2025 investor letter: "CRH plc (NYSE:CRH) is the largest building materials company in both North America and Europe and supplies products for construction and infrastructure projects such as roads, highways, bridges, and commercial and residential buildings. Its products include materials such as aggregates, cement, asphalt, and concrete, as well as critical utility infrastructure and outdoor living solutions. A construction worker wearing a hard hat and safety glasses at a site, carrying concrete blocks. CRH plc (NYSE:CRH) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 90 hedge fund portfolios held CRH plc (NYSE:CRH) at the end of the fourth quarter which was 80 in the previous quarter. In Q1 2025, CRH plc (NYSE:CRH) reported $6.8 billion in revenues, up 3% year-over-year. While we acknowledge the potential of CRH plc (NYSE:CRH) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered CRH plc (NYSE:CRH) and shared billionaire Seth Klarman's stock picks with huge upside potential. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
02-05-2025
- Business
- Yahoo
CRH plc (CRH): Among Billionaire Seth Klarman's Stock Picks with Huge Upside Potential
We recently published a list of . In this article, we are going to take a look at where CRH plc (NYSE:CRH) stands against other billionaire Seth Klarman's stock picks with huge upside potential. Seth Klarman is a legendary name in the hedge fund space. He entered Wall Street straight out of college, where he worked as an analyst for Mutual Shares Corporation. Klarman then proceeded to Baupost Group, where he has been ever since. Like most hedge fund managers, Klarman has a set of principles that guide his investment decisions. Most of these principles were captured in a 1991 book titled 'Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor.' Klarman has established himself as the foremost proponent of value investing. In fact, this is the central theme of the 1991 book. He advocates for removing emotions from the investing process and seeing opportunities for what they are. He writes: 'Successful investors tend to be unemotional, allowing the greed and fear of others to play into their hands.' READ ALSO: Billionaire Andreas Halvorsen's 10 Stock Picks With Huge Upside Potential and Billionaire Steve Cohen's 10 Large-Cap Stock Picks With Huge Upside Potential. In an interview with the Harvard Business School, Klarman insisted that he is unwilling to abandon value investing for other approaches. He maintained that 'value investing is intellectually elegant. You're basically buying bargains. It also appeals because all the studies demonstrate that it works. People who chase growth, who chase highfliers, inevitably lose because they paid a premium price. They lose to the people who have more patience and more discipline.' No wonder Baupost is one of the best-performing hedge funds in the world. The fund might have lagged behind giants like Third Point and Elliot in the 2015-2024 period but the ability to stay true to a decades-old strategy and still turn up gains is impressive. Last year, the fund culled approximately 20% of its investing team to try and steer the ship towards larger gains. To this, Klarman commented that 'with a somewhat smaller investment team, we have increased the level of energy, focus, accountability, and collaboration.' And these efforts are already bearing fruit. By December last year, the fund had gained 10%, the first double-digit return since 2021, according to Bloomberg. In other words, after 42 years in the game, Klarman is still able to turn his investment fortunes around. That is why it is prudent to see what stocks are in his portfolio, especially those with a huge upside potential. For this list, we combed through Baupost Group's Q4 2024 SEC 13F filings. We focused only on shares in companies and excluded interests in ETFs and options. From the result, we ranked the stocks in ascending order based on analyst price targets and selected the top 10 companies with the highest upside potential (as of April 29). Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A construction worker wearing a hard hat and safety glasses at a site, carrying concrete blocks. CRH plc (NYSE:CRH) is a provider of building materials and construction solutions. Core products include ready-mixed concrete, cement, aggregates, and asphalt. The company serves markets in construction, infrastructure, and building materials across the Americas, Europe, and Asia-Pacific regions. In 2024, CRH plc's (NYSE:CRH) total revenues grew by 2% to $35.6 billion, and net income increased by 15% to $3.5 billion. Adjusted EBITDA rose 12% to $6.9 billion, the company's 11th consecutive year of margin expansion. The company's net income margin came in at 9.9%, a 110 basis point improvement year-over-year. The company says the growth is the result of continued commercial excellence, operational efficiencies, and strategic acquisitions. CRH plc (NYSE:CRH) continues to expand its global footprint through strategic acquisitions. Notable recent acquisitions include a $2.1 billion purchase of cement and readymixed concrete assets in Texas and a majority stake in Adbri Ltd, a market leader in cement and aggregates in Australia. Jim Mintern, company CEO, commented that the strength of their balance sheet has enabled them to 'invest $5 billion in 40 value-accretive acquisitions while also returning $3 billion of cash to shareholders through dividends and share buybacks.' As such, the outlook for the business 'remains positive, underpinned by favorable demand and positive pricing momentum.' Nonetheless, on April 14, 2025, RBC Capital analyst Anthony Codling lowered the firm's price target for CRH (NYSE:CRH) to $108 from $127. However, the analyst maintained an Outperform rating. The firm adjusted its model before the company's Q1 results, incorporating Q1 2025 weather data and uncertainties in the US economic outlook, the analyst stated in a research report. Overall, CRH ranks 10th on our list of billionaire Seth Klarman's stock picks with huge upside potential. While we acknowledge the potential of CRH as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than CRH but that trades at less than 5 times its earnings check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
27-04-2025
- Business
- Yahoo
Jim Cramer Favors Vulcan and Martin Marietta Over CRH plc (CRH)
We recently published a list of . In this article, we are going to take a look at where CRH plc (NYSE:CRH) stands against other stocks that Jim Cramer discussed. On Wednesday, Jim Cramer, the host of Mad Money, took to discussing how President Donald Trump's influence shapes the market's behavior. 'When you see a grizzly bear in Yellowstone National Park, you call a park ranger because these bears are dangerous… but the grizzlies turn into teddy bears when the rangers come, and you can't even remember what you were so afraid of…. We can only presume that the president can turn the grizzlies on Wall Street into teddy bears with a stroke of a pen or even just a post on the social media platform he owns. I've never ever seen the market bend so readily to the wishes of one man. It's extraordinary.' READ ALSO: Jim Cramer Recently Talked About These 15 Stocks and 9 Stocks on Jim Cramer's Radar. Cramer also addressed the tensions between President Trump and Federal Reserve Chairman Jerome Powell. He highlighted how Powell was painted a 'major loser' whose removal seemed inevitable in Trump's eyes. Cramer noted that the President clarified he had no intention of firing Powell, which eased Wall Street's concerns. When the name-calling between Trump and Powell stopped, Cramer observed that the stock market surged higher as investors were relieved that the possibility of a constitutional crisis was no longer a threat. 'Now, I want to say something here. I think it is actually, it's beyond belief how easy it is for this one man to tame a bear, even if it's a bear that he released on us in the first place.' Cramer also pointed out that the President's suggestion of a potential deal with China, while vague, was seen as an improvement and contributed to the market's upward movement. He noted that for those hoping for higher stock prices, Trump's actions seemed to have worked. 'Bottom line: That's how powerful Trump has become on Wall Street. On days like today, it's helpful, but for most of the year, it's going the other way. Of course, you never know who he'll target next. We don't want any of the big CEOs to be trashed. That could hurt. The market doesn't care if he goes after law firms or colleges, but going after the Central Bank, different story. Right now, Trump owns Wall Street and only he can decide if that's going to be a good thing or a bad thing. I think it's time to go all in on good.' For this article, we compiled a list of 16 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on April 23. We listed the stocks in the order that Cramer mentioned them. We also provided hedge fund sentiment for each stock as of the fourth quarter of 2024, which was taken from Insider Monkey's database of over 1,000 hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A construction worker wearing a hard hat and safety glasses at a site, carrying concrete blocks. Number of Hedge Fund Holders: 90 A caller asked for Cramer's opinion of CRH plc (NYSE:CRH), and he said: 'You know, building materials right now is not the place to be. I'll tell you, though, if you really want to be in, near that area, I would go with Martin Marietta Materials or even Vulcan Materials. Those are my two material stocks that I like.' CRH (NYSE:CRH) provides materials and products used in building, infrastructure, and outdoor projects. Its offerings include construction materials, precast concrete, drainage systems, and engineered solutions for sectors like transportation, utilities, and residential development. On April 15, RBC Capital analyst Anthony Codling decreased the price target on CRH (NYSE:CRH) to $108 from $127 and kept an Outperform rating. In a note to investors, the analyst said the model was updated ahead of Q1 results to account for recent weather trends and economic uncertainty in the US. Overall, CRH ranks 14th on our list of stocks that Jim Cramer discussed. While we acknowledge the potential of CRH as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than CRH but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
08-04-2025
- Business
- Yahoo
CRH plc (CRH): Among Stocks with Buy Ratings that Hedge Funds Love
We recently published a list of . In this article, we are going to take a look at where CRH plc (NYSE:CRH) stands against other stocks with buy ratings that hedge funds love. The U.S. stock market has been in chaos ever since President Trump announced his intent to increase tariffs on the U.S.'s trading partners. On April 2, 2025, the President officially presented the new tariff rates, calling them reciprocal tariffs. Since the presentation, the value of the U.S. stock market has started plunging. Though these tariffs have led to bloodbaths in many exchanges across the globe, the impact is heavy in the U.S. market where it originated. China, one of the largest trading partners of the U.S., retaliated against the new tariff by slapping a 34% levy on U.S. goods, thus igniting a global trade war. The result? A $9 trillion wipeout in U.S. equity markets, according to CNBC. Experts are calling it the worst weekly performance since the COVID-19 crash. READ ALSO: . Retail investors are scrambling for the exits to protect their investments. However, hedge funds are quietly loading up on bargains. Analysts are perceiving an opportunity in the turmoil, and institutional investors are using the downturns to pepper their portfolios with high-conviction stocks at fire-sale prices. Right now, their buy lists are flashing green. They do not back the stocks unquestioningly, however, they look at the fundamentals, pricing power, and growth trends of the stocks to estimate their ability to outlast the storm. If there is one thing we can learn from history, it is that markets often make their most significant rebounds after their steepest declines. When discussing the significance of virtues like patience and calmness in an investor during turmoil, a billionaire investor quoted a 19th-century poem: 'If you can keep your head when all about you are losing theirs… yours is the Earth and everything in it.' His point? Panic is expensive. On the other hand, opportunity can be priceless when accumulating institutional interest signals to investors where to look. This brings us to the heart of our article today. Combining hedge fund filings, analyst upgrades, and real-time market data, we have uncovered 15 stocks with Buy ratings, which could potentially refine your portfolio. Top hedge funds are piling into these stocks, making them more appealing to investors interested in generating income. But don't just take our word for it. History has given us a few examples to consider before making investment decisions. For instance, the 2020 pandemic crash is a prime example of how hedge fund portfolios can be better performers than the market index. Following the crash, hedge fund-backed stocks outperformed the market indexes by 14% in 2021. It indicates that institutional conviction can be louder than the market's noise. We put together our list of 15 stocks by primarily considering the Buy ratings of the stocks. Our list included only those stocks with a strong Buy rating, as we see it as a crucial component for investors to make informed decisions. Another factor we considered was the hedge fund sentiment toward these stocks, according to Insider Monkey's Q4 2024 database. It indicated the level of institutional interest in the stock. The value of hedge funds has also been used to rank the stocks on our list, with the top stock having the highest value of hedge funds. Additionally, we filtered our list by excluding stocks with negative earnings per share (EPS) over the past five years. We regarded those stocks with a positive EPS since it reflects consistency in profitability. All the data used in the article were taken from financial databases and analyst reports, with all information current as of April 5, 2025. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A construction worker wearing a hard hat and safety glasses at a site, carrying concrete blocks. One of the leading manufacturers and distributors of building materials, CRH plc (NYSE:CRH), operates in North America and Europe. The company is headquartered in Ireland and offers cement, aggregates, asphalt, and ready-mixed concrete to infrastructure, commercial, and residential construction markets. The company competes with competitors like Heidelberg Materials and Holcim for market share by gaining a competitive advantage through vertical integration and strategic acquisitions. CRH plc earned the position as an efficient supplier in the cyclical market by meeting the sustainability-driven demand for lower-carbon materials. Attracting 90 hedge funds from the Insider Monkey Q4 2024 database, CRH plc (NYSE:CRH) has amassed $6.61 billion in investments. By the end of the financial year 2024, the company announced an industry-leading performance, with the revenue experiencing a 2% growth, reaching $35.6 billion. 40 value-accretive acquisitions in 2024 garnered an investment of $5 billion from the company. CRH reported that these acquisitions have been crucial to the company's growth as a market leader. They also announced a 6% increase in dividends per share, marking the 40th consecutive year of growth. For 2025, the company expects continued growth and value creation, attributed to the infrastructure activity in Europe and North America. CRH plc (NYSE:CRH) leads in the construction materials sector, as reflected by its 18.51% EPS growth over five years despite strong competition prevailing in the market. Analysts' confidence in the company's market presence remains high, as represented by their Strong Buy rating. Overall, CRH ranks 3rd on our list of stocks with buy ratings that hedge funds love. While we acknowledge the potential for CRH as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than CRH but trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
01-04-2025
- Business
- Yahoo
CRH plc (CRH): Among the Best Foreign Stocks to Buy According to Billionaires
We recently published a list of . In this article, we are going to take a look at where CRH plc (NYSE:CRH) stands against other best foreign stocks to invest in. The global economy demonstrated resilience in 2024, maintaining a steady annualized growth rate of 3.2% in the latter half of the year. However, recent economic indicators suggest that global growth may be losing momentum. The OECD forecasts that global growth will be 3.1% in 2025 and 3% in 2026, compared to 3.2% in 2024. The marginal fall in growth is because of rising trade restrictions across economies, strict policy updates that often upend investment opportunities, and uncertain household spending. Although growth in the United States has been very strong as of late, it is expected to slow down to 2.2% this year and 1.6% in 2026. Economic growth will be weak in the Euro Zone as well, with OECD projecting real GDP growth of 1.0% in 2025 and 1.2% in 2026. China follows a similar trend, with growth declining to 4.4% in 2026 from 4.8% in the current year. In the midst of stagnant global economic forecasts, Michael Hartnett, an analyst at Bank of America, cautioned investors that the United States stock market is coming off its recent highs, and is no longer benefiting from high fiscal spending, lenient immigration policies, and robust AI budgets. The analyst noted that Chinese competitors are now successfully producing large language models for under $6 million, which is a fraction of the billions spent by American firms to create the same tech. Similarly, Manish Kabra of Societe Generale observed that Chinese developments in AI are disrupting investor confidence and making them question spending by American tech firms. BofA's Michael Hartnett noted that investors are not paying attention to foreign markets like Japan and Europe, where stocks are cheaper, and value stocks are ahead of their growth counterparts. He pointed out that Japan's Nikkei 225 has climbed 9% in the past year, while the European index displayed outperformance at the beginning of 2025. Others also share a similar sentiment about foreign stocks. For example, David Herro, partner and portfolio manager at Harris Associates, joined CNBC on January 15, 2025, and commented that US stocks are largely overvalued, so it is only logical to look for opportunities elsewhere. This is where foreign markets come into play. According to Herro, fundamentals of overseas stocks are okay, and while they may not be robust, these stocks are growing in mid-single digits with attractive valuations. These valuation characteristics make it almost impossible not to consider these foreign stocks and increase international portfolio exposure. He noted that companies based out of Europe are not just doing business there, but their operations are spread worldwide. For cheap valuations, this is a huge plus. For long-term investors, he suggested that they should mainly focus on company fundamentals rather than the macroeconomic environment that they operate in because that's how you make money. A construction worker wearing a hard hat and safety glasses at a site, carrying concrete blocks. For this article, we referred to Insider Monkey's database containing billionaires' stock picks and chose the top 10 companies headquartered outside the United States that were most popular with billionaire investors in Q4 of 2024. We have also mentioned the value of billionaire holdings for further insight. The stocks are ranked in ascending order based on the number of billionaire investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). Number of Billionaire Investors: 16 Value of Billionaire Holdings: $2.16 billion CRH plc (NYSE:CRH) operates in Ireland, the United States, the United Kingdom, Europe, and globally. It is a building materials company that supplies construction materials, paving services, aggregates, cement, and ready-mix concrete for infrastructure, commercial, and residential projects. CRH ranks 9th on our list of the best foreign stocks to invest in. On March 20, Truist Securities assigned a Buy rating to CRH plc (NYSE:CRH) with a $120 price target. Analyst Keith Hughes sees big opportunities in Europe's construction market, especially with Ukraine's potential rebuilding efforts and Germany's stimulus spending. 28% of its revenue is generated from Europe, and this allows CRH's US investors unique access to the region's growth. In Q4 2024, CRH plc (NYSE:CRH) posted a revenue of $8.9 billion and a net income of $0.7 billion. These figures increased by 2% and 24% year-over-year, respectively. Adjusted EBITDA was positively impacted by a favorable pricing mix, operational efficiency, and acquisitions, rising 12% to $1.8 billion. EPS also increased 4% to $1.03. In 2024, CRH made 40 acquisitions worth $5 billion, including a $2.1 billion cement/concrete deal in Texas. It also sold $1.4 billion in assets, mainly European Lime operations. On February 27, CRH plc (NYSE:CRH) announced a quarterly per share dividend of $0.37, reflecting a 5.7% increase from its last dividend of $0.35. The dividend will be paid on April 16, to shareholders listed by March 14. Overall, CRH ranks 9th on our list of the best foreign stocks to buy according to billionaires. While we acknowledge the potential of CRH to grow, our conviction lies in the belief that certain AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CRH but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey.
