What smart money is saying about Arcosa
3 funds in our archive have pitched Arcosa, most recently Royce in March 2025.
Arcosa, Inc., together with its subsidiaries, provides infrastructure-related products and solutions for the construction, energy, and transportation markets in North America. It operates through three segments: Construction Products, Engineered Structures, and Transportation Products. The Construction Products segment offers natural and recycled aggregates; specialty materials; and trench shields and shoring products for residential and non-residential construction, agriculture, specialty building products, as well as for infrastructure related projects. The Engineered Structures segment provides utility structures, wind towers, traffic and lighting structures, telecommunication structures, storage and distribution tanks for electricity transmission and distribution, wind power generation, highway road construction, and wireless communication markets, as well as for gas and liquids storage and transportation for residential, commercial, energy, agriculture, and industrial markets. The Transportation Products segment offers inland barges; fiberglass barge covers, winches, and other components; cast components for industrial and mining sectors; and axles, circular forgings, coupling devices for freight, tank, locomotive, and passenger rail transportation equipment, as well as other industrial uses. Arcosa, Inc. was incorporated in 2018 and is headquartered in Dallas, Texas.
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Position history
Between Q4 2024 and Q3 2026, 5 fund letters reported a position in Arcosa, with 2 buys (opened or added).
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 1 | 0 | 0 | 0 |
| Q2 2026 | 2 | 1 | 0 | 0 |
| Q2 2025 | 1 | 0 | 0 | 0 |
| Q1 2025 | 1 | 1 | 0 | 2 |
| Q4 2024 | 0 | 0 | 0 | 1 |
Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.
Fund activity · 5 positions · 2 moves
- September 2026
“The Fund has ~3.8% in HY bonds, rated BB and B, with the largest position, Arcosa (1.4%) in the process of being acquired by IG rated, CRH.”
Arcosa - June 2026
“The Fund initiated a position in Arcosa, a high yield issuer, following CRH's announcement that it had agreed to acquire the company for approximately $8.5 billion.”
Arcosa - June 2026
“company Smurfit Kappa, which captures research synergies from merging with our sustainable colleagues and, from the high yield realm, Arcosa, a long-term holding in the Liontrust GF High Yield Bond Fund.”
Arcosa - June 2025
“• Arcosa has been strategically simplifying its business to focus on construction materials. In August 2024, it announced the acquisition of a US based materials company which increased its construction materials segment to nearly two-thirds of total earnings while increasing margins. The share price rallied on the news during the fourth quarter, but during the first quarter of 2025, the share price declined due to concerns about weaker construction spending and the impact on construction aggregates demand. In addition, investors have become cautious regarding its wind power business which could be negatively impacted by policy changes under the new administration. We maintain a positive pricing outlook for the aggregates business, even with a more modest construction outlook and believe Arcosa will continue reshaping its business into a more durable and better valued enterprise.”
Arcosa - New positionMacquarie Small Cap Core FundMarch 2025
“We trimmed our exposure to home builders due to slowing housing market conditions. We also initiated a position in Arcosa, Inc., a basic materials company that provides infrastructure-related products and solutions.”
Arcosa
Also mentioned · 1
These funds discuss Arcosa as a competitor, benchmark or comparable, without disclosing a position in it.
- MentionedThird Point Offshore Fund, Ltd.June 2026
“CRH’s recently announced agreement to acquire Arcosa is a significant extension of this strategy and the largest transaction in the company’s history.”
Arcosa
Fund coverage · 3 theses
- RoyceMarch 2025
Arcosa is well-positioned for long-term growth due to its essential aggregates business benefiting from U.S. infrastructure upgrades and a robust engineered structures segment driven by utility investments and rising demand.
Read the full thesis - Macquarie Small Cap Core FundMarch 2025
Arcosa, Inc. is a strategically positioned basic materials company benefitting from infrastructure growth and electrical grid improvements, poised for both organic and inorganic growth while focusing on deleveraging.
Read the full thesis - Royce InvestDecember 2024
Arcosa is poised for future growth due to solid Q3 results, pricing power in aggregates, increasing infrastructure spending, strong orders in its Engineered Structures segment, and a strategic acquisition of Stavola.
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