15 Stocks with Buy Ratings that Hedge Funds Love

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3. CRH plc (NYSE:CRH)

No. of Hedge Funds: 90

Value of the hedge funds: $6.61 billion

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.

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