5 Best Construction Materials Stocks To Invest In Right Now

3. Vulcan Materials Company (NYSE:VMC)

Number of Hedge Fund Holders: 41

Vulcan Materials Company (NYSE:VMC) is engaged in the production and supply of construction aggregates. On April 10, Loop Capital analyst Garik Shmois raised the price target on Vulcan Materials Company (NYSE:VMC) to $305 from $295 and maintained a Buy rating on the shares.

Vulcan Materials Company (NYSE:VMC) is among the best construction materials stocks to invest in right now. The stock has a consensus Buy rating among 10 analysts and its average price target of $288.15 implies an upside of 14.32% from the current levels, as of April 22.

In the fourth quarter of 2023, 41 hedge funds had investments in Vulcan Materials Company (NYSE:VMC), with total positions worth $1.77 billion. As of December 31, 2023, Stockbridge Partners is the largest shareholder in the company and has a position worth $467.035 million.

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