Billionaire Dan Loeb Doubles Down On These 2 Stocks
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 26 2024
0mins
Should l Buy CRH?
Source: Benzinga
Dan S. Loeb's Investment Strategies: Billionaire Dan S. Loeb, founder of Third Point, has significantly increased his stakes in Intercontinental Exchange Inc. and CRH PLC during Q4 2024, with share counts rising by 108.5% and 215.38%, respectively.
Company Performance Overview: Both companies reported mixed financial results, with ICE meeting EPS expectations but slightly missing sales estimates, while CRH fell short on both EPS and sales compared to analyst consensus.
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Analyst Views on CRH
Wall Street analysts forecast CRH stock price to rise
11 Analyst Rating
9 Buy
2 Hold
0 Sell
Strong Buy
Current: 122.850
Low
133.56
Averages
146.03
High
164.70
Current: 122.850
Low
133.56
Averages
146.03
High
164.70
About CRH
CRH PLC is an Ireland-based company. The Company manufactures and distributes a diverse range of superior building materials and products, which are used in construction projects of all sizes. It operates in three segments across two divisions. Its divisions include Americas and International. Its Americas Division comprises two segments: Americas Materials Solutions and Americas Building Solutions. Americas Materials Solutions provides building materials for the construction and maintenance of public infrastructure and commercial and residential buildings in North America. The primary materials produced by this segment include aggregates, cement, readymixed concrete and asphalt. Americas Building Solutions manufactures, supplies and delivers solutions for the built environment in communities across North America. Its International Division, which comprises one segment, International Solutions, is a provider of integrated building solutions primarily across Europe and Australia.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
CRH plc Announces Share Buyback Program
- Share Buyback Scale: On February 13, 2026, CRH plc repurchased 29,600 ordinary shares through Santander US Capital Markets LLC at an average price of $124.93, reflecting the company's confidence in its stock value and expected to enhance shareholder returns.
- Background of Buyback Plan: This repurchase is part of CRH's plan to buy back up to $300 million of ordinary shares by February 17, 2026, aimed at boosting market confidence in the company's future growth potential while optimizing its capital structure.
- Changes in Capital Structure: Following the buyback, CRH's outstanding shares will decrease to 668,043,318, with treasury shares totaling 37,976,624, representing 5.379% of the issued ordinary shares, which will impact the company's equity and voting rights distribution.
- Compliance Statement: The transaction complies with the EU Market Abuse Regulation, with CRH providing detailed trade information in the announcement to ensure transparency and compliance, further enhancing investor trust.
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- Market Performance: Equities experienced a decline last week, with all three major indexes falling by at least 1.2%.
- Economic Indicators: This downturn occurred despite a better-than-expected jobs report from the Bureau of Labor Statistics and a relatively stable inflation report.
See More
CRH plc Announces Share Buyback Program
- Share Buyback Announcement: On February 4, 2026, CRH plc acquired 31,000 ordinary shares through Santander US Capital Markets LLC at an average price of $122.30 per share, reflecting the company's confidence in its stock value and expected to enhance shareholder returns.
- Buyback Scale: This repurchase is part of CRH's plan to buy back up to $300 million of ordinary shares by February 17, 2026, indicating the company's commitment to strengthening its capital structure and shareholder value amid market fluctuations.
- Equity Changes: Following the buyback, CRH's outstanding shares will decrease to 668,250,818, with 37,976,624 shares held in treasury, representing 5.377% of total share capital, which will help improve earnings per share.
- Compliance and Transparency: The transaction complies with EU Market Abuse Regulation, ensuring transparency and adherence to regulations, thereby enhancing investor trust and meeting the requirements of the UK's Financial Conduct Authority.
See More
NCC Nears Agreement to Sell Industry Division to Buyer Group
- Potential Deal Valuation: NCC's industry division could be sold for over $800 million, highlighting the significance and attractiveness of this segment in the market, and if successful, it would provide substantial cash inflow for NCC.
- Buyer Group Composition: The buyer consortium includes CRH, Heidelberg Materials, and Colas, a subsidiary of Bouygues, indicating strong interest from major construction materials companies in NCC's assets, which may facilitate industry consolidation.
- Strategic Focus Shift: If the deal is completed, NCC will concentrate on its core construction operations, including infrastructure projects and property development, which is expected to enhance the company's market competitiveness and operational efficiency.
- Positive Market Reaction: NCC's shares have risen approximately 27% over the past 12 months, giving it a market value of around $2.6 billion, reflecting investor confidence in the company's future growth, and a successful transaction could further boost the stock price.
See More
CRH plc Announces Share Buyback Program
- Buyback Scale: CRH plc plans to repurchase up to $300 million of its ordinary shares by February 17, 2026, reflecting the company's confidence in its value and aiming to enhance shareholder returns and market confidence.
- Transaction Details: On January 23, 2026, CRH repurchased 30,900 ordinary shares through its broker Santander US Capital Markets LLC at an average price of $122.65 per share, indicating proactive capital management in the current market environment.
- Share Cancellation Plan: The repurchased shares will be canceled, reducing CRH's total outstanding shares to 668,463,153, which is expected to enhance earnings per share and improve investor expectations for future growth.
- Financial Transparency: In accordance with market abuse regulations, CRH will disclose detailed breakdowns of individual trades made as part of the buyback program, ensuring transparency and compliance, thereby enhancing market trust.
See More
CRH plc Acquires 37,800 Shares at $119.86, Plans $300M Buyback
- Buyback Program Initiated: On January 21, 2026, CRH plc acquired 37,800 ordinary shares through Santander US Capital Markets LLC at an average price of $119.86, reflecting the company's commitment to shareholder returns and likely boosting market confidence.
- Expanded Buyback Scale: This repurchase is part of CRH's plan to buy back up to $300 million worth of shares by February 17, 2026, aimed at enhancing earnings per share and optimizing capital structure, thereby strengthening its market position in the construction materials sector.
- Equity Structure Adjustment: Following the buyback, CRH will have 668,524,553 ordinary shares outstanding, with 38,011,889 shares held in treasury, representing 5.38% of total equity, which may reduce the number of shares in circulation and potentially enhance earnings per share.
- Regulatory Transparency: The transaction complies with UK market abuse regulations, with CRH committing to disclose detailed trade information, ensuring transparency in its buyback activities and enhancing investor trust.
See More
CRH plc Announces Share Buyback Program
- Share Buyback Scale: On February 13, 2026, CRH plc repurchased 29,600 ordinary shares through Santander US Capital Markets LLC at an average price of $124.93, reflecting the company's confidence in its stock value and expected to enhance shareholder returns.
- Background of Buyback Plan: This repurchase is part of CRH's plan to buy back up to $300 million of ordinary shares by February 17, 2026, aimed at boosting market confidence in the company's future growth potential while optimizing its capital structure.
- Changes in Capital Structure: Following the buyback, CRH's outstanding shares will decrease to 668,043,318, with treasury shares totaling 37,976,624, representing 5.379% of the issued ordinary shares, which will impact the company's equity and voting rights distribution.
- Compliance Statement: The transaction complies with the EU Market Abuse Regulation, with CRH providing detailed trade information in the announcement to ensure transparency and compliance, further enhancing investor trust.
See More
Key Companies to Monitor This Week: PCE, Walmart, Palo Alto, Analog Devices, Deere, and Others
- Market Performance: Equities experienced a decline last week, with all three major indexes falling by at least 1.2%.
- Economic Indicators: This downturn occurred despite a better-than-expected jobs report from the Bureau of Labor Statistics and a relatively stable inflation report.
See More
CRH plc Announces Share Buyback Program
- Share Buyback Announcement: On February 4, 2026, CRH plc acquired 31,000 ordinary shares through Santander US Capital Markets LLC at an average price of $122.30 per share, reflecting the company's confidence in its stock value and expected to enhance shareholder returns.
- Buyback Scale: This repurchase is part of CRH's plan to buy back up to $300 million of ordinary shares by February 17, 2026, indicating the company's commitment to strengthening its capital structure and shareholder value amid market fluctuations.
- Equity Changes: Following the buyback, CRH's outstanding shares will decrease to 668,250,818, with 37,976,624 shares held in treasury, representing 5.377% of total share capital, which will help improve earnings per share.
- Compliance and Transparency: The transaction complies with EU Market Abuse Regulation, ensuring transparency and adherence to regulations, thereby enhancing investor trust and meeting the requirements of the UK's Financial Conduct Authority.
See More
NCC Nears Agreement to Sell Industry Division to Buyer Group
- Potential Deal Valuation: NCC's industry division could be sold for over $800 million, highlighting the significance and attractiveness of this segment in the market, and if successful, it would provide substantial cash inflow for NCC.
- Buyer Group Composition: The buyer consortium includes CRH, Heidelberg Materials, and Colas, a subsidiary of Bouygues, indicating strong interest from major construction materials companies in NCC's assets, which may facilitate industry consolidation.
- Strategic Focus Shift: If the deal is completed, NCC will concentrate on its core construction operations, including infrastructure projects and property development, which is expected to enhance the company's market competitiveness and operational efficiency.
- Positive Market Reaction: NCC's shares have risen approximately 27% over the past 12 months, giving it a market value of around $2.6 billion, reflecting investor confidence in the company's future growth, and a successful transaction could further boost the stock price.
See More
CRH plc Announces Share Buyback Program
- Buyback Scale: CRH plc plans to repurchase up to $300 million of its ordinary shares by February 17, 2026, reflecting the company's confidence in its value and aiming to enhance shareholder returns and market confidence.
- Transaction Details: On January 23, 2026, CRH repurchased 30,900 ordinary shares through its broker Santander US Capital Markets LLC at an average price of $122.65 per share, indicating proactive capital management in the current market environment.
- Share Cancellation Plan: The repurchased shares will be canceled, reducing CRH's total outstanding shares to 668,463,153, which is expected to enhance earnings per share and improve investor expectations for future growth.
- Financial Transparency: In accordance with market abuse regulations, CRH will disclose detailed breakdowns of individual trades made as part of the buyback program, ensuring transparency and compliance, thereby enhancing market trust.
See More
CRH plc Acquires 37,800 Shares at $119.86, Plans $300M Buyback
- Buyback Program Initiated: On January 21, 2026, CRH plc acquired 37,800 ordinary shares through Santander US Capital Markets LLC at an average price of $119.86, reflecting the company's commitment to shareholder returns and likely boosting market confidence.
- Expanded Buyback Scale: This repurchase is part of CRH's plan to buy back up to $300 million worth of shares by February 17, 2026, aimed at enhancing earnings per share and optimizing capital structure, thereby strengthening its market position in the construction materials sector.
- Equity Structure Adjustment: Following the buyback, CRH will have 668,524,553 ordinary shares outstanding, with 38,011,889 shares held in treasury, representing 5.38% of total equity, which may reduce the number of shares in circulation and potentially enhance earnings per share.
- Regulatory Transparency: The transaction complies with UK market abuse regulations, with CRH committing to disclose detailed trade information, ensuring transparency in its buyback activities and enhancing investor trust.
See More
