In this article, we will take a look at the 10 Stocks That Were Added to the S&P 500 Index Recently and How They Performed.
S&P 500 index has soared nearly 8% year-to-date as of June 26. Goldman Sachs projects the S&P 500 index to set new records in 2026 as earnings continue to expand rapidly. The bank has raised its year-end target for the S&P 500 from 7,600 to 8,000, which implies an upside of 8.78% from Friday’s close of 7,354.02.
The Chief U.S. Equity Strategist at Goldman, Ben Snider, has raised the S&P 500 earnings-per-share (EPS) forecast to $340 in 2026, reflecting 24% profit growth this year. Snider said earnings growth has boosted the S&P 500’s total return so far in 2026 and expects this dynamic to continue in the next two quarters.
The increase in consensus forward EPS estimates has exceeded the S&P 500 price gain so far in 2026. This has resulted in a decline in the P/E multiple. Snider pointed out that over the past two years, near-term earnings growth has arithmetically accounted for almost a 40% increase in the S&P 500.
AI infrastructure remains the key driver for earnings growth this year, added Snider. The first-quarter earnings season was exceptionally strong, a thesis on which Snider raised the S&P 500 target.
Based on FactSet data, the Q1 S&P 500 earnings soared over 28% from a year ago, marking the strongest profit expansion since Q1 of 2021. FactSet data suggest that around 84% of S&P 500 companies have surpassed analyst earnings estimates, well above the five-year average of 78%.
With that, let’s take a look at the 10 Stocks That Were Added to the S&P 500 Index Recently and How They Performed.
Stock market charts. Photo by Kaboompics.com on Pexels
Our Methodology
To create the list of 10 stocks that were added to the S&P 500 index recently and how they performed, we identified stocks recently added to the S&P 500 index and measured their price performance from their respective effective date through June 26, 2026. Stocks are ranked in ascending order based on total return since their addition to the index. We also included hedge fund sentiment for each stock. The data for the hedge fund sentiment for each stock was sourced from Insider Monkey’s database as of Q1 2026.
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. Insider Monkey’s quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 599.2% since May 2014, beating its benchmark by 372 percentage points (see more details here).
Note: All the data is as of market close on June 26, 2026.
10. CRH plc (NYSE:CRH)
Percentage Change as of June 26: -10.77%
Number of Hedge Fund Holders: 86
Effective Date: December 22, 2025
CRH plc (NYSE:CRH) was recently added to the S&P 500 index and has plunged over 10% since its inclusion.
CRH plc (NYSE:CRH) has undergone management changes, including the appointment of Aylwyn Bryan as CFO, effective May 12, 2026, and Danilo Juvane as Head of Investor Relations, effective May 26, 2026. Following the major leadership changes, CRH recently made a massive move with the agreement to acquire U.S.-based Arcosa for $8.5 billion. This is a record acquisition deal for CRH, notably increasing the firm’s presence in North America infrastructure and aggregates markets.
CEO Jim Mintern said that the acquisition reinforces CRH’s position as the number one infrastructure player in North America. Considering the robust demand for U.S. energy and utility infrastructure solutions, Mintern believes that this deal places the firm at the forefront of a major growth opportunity.
On June 26, Jefferies lifted the price target on CRH plc from $149 to $165.50, maintaining a Buy rating. The firm views the Arcosa acquisition as a 5-6% boost to CRH’s estimated earnings per share from 2027. The firm also added that the scale of the deal emphasizes CRH’s ability to drive meaningful growth through its organic growth and merger & acquisition channel.
CRH plc (NYSE:CRH) manufactures and distributes a wide range of superior building materials and products used in infrastructure, commercial, residential, and public construction projects worldwide.
9. FedEx Freight Holding Company, Inc. (NYSE:FDXF)
Percentage Change as of June 26: -6.16%
Effective Date: June 1, 2026
FedEx Freight Holding Company, Inc. (NYSE:FDXF) is one of the stocks that were recently added to the S&P 500 index. The company was added to the index following a spinoff from FedEx Corporation (NYSE:FDX).
On June 26, TheFly reported that BofA raised its price target on FedEx Freight Holding Company, Inc. (NYSE:FDXF) from $185 to $187, while maintaining a Buy rating on the stock. The firm retains a positive stance on FDXF following BofA’s above-target adjusted operating income for the first earnings release post-spin. During Q4 FY2026, revenue came in at $2.4 billion, up 4.8% year-over-year. The adjusted operating income was $363 million, a 23.9% decrease from a year ago. BofA has moved its target multiple for FDXF below the average of industry leaders. However, the firm raised its CY2027 earnings per share estimate to $5.41.
FedEx Freight now projects better results for CY2026, with revenue growth between 4% and 6% and operating income of $475-$515 million for the seven-month transition period ending December 31, 2026. The firm’s CEO, John Smith, mentioned that FedEx Freight is entering a new phase of strategy focused on profitable growth and service differentiation. Here is what CFO Marshall Witt added:
Our guidance for the seven-month transition period reflects our confidence in the underlying strength of the business. We believe FedEx Freight is well-positioned to deliver strong financial performance as we invest strategically in the business and generate durable shareholder value.
FedEx Freight Holding Company, Inc. (NYSE:FDXF) offers less-than-truckload freight transportation services. The company operates in the U.S., Canada, Mexico, Puerto Rico, and the U.S. Virgin Islands. The company was incorporated in 2025 and is based in Memphis, Tennessee.
