Northwestern Mutual Wealth Management Co. Has $16.89 Million Stake in Construction Partners, Inc. $ROAD

Posted by Stanley Muller on May 21st, 2026

Northwestern Mutual Wealth Management Co. raised its holdings in Construction Partners, Inc. (NASDAQ:ROAD – Free Report) by 2,153.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 155,593 shares of the company’s stock after acquiring an additional 148,687 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Construction Partners were worth $16,890,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ROAD. AQR Capital Management LLC grew its stake in Construction Partners by 14.4% in the first quarter. AQR Capital Management LLC now owns 10,333 shares of the company’s stock valued at $743,000 after acquiring an additional 1,302 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Construction Partners by 11.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 96,191 shares of the company’s stock valued at $6,913,000 after acquiring an additional 9,656 shares during the period. Intech Investment Management LLC grew its stake in Construction Partners by 11.4% in the first quarter. Intech Investment Management LLC now owns 24,292 shares of the company’s stock valued at $1,746,000 after acquiring an additional 2,482 shares during the period. Strs Ohio acquired a new position in Construction Partners in the first quarter valued at about $165,000. Finally, Hsbc Holdings PLC acquired a new position in Construction Partners in the second quarter valued at about $552,000. 94.83% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently commented on ROAD shares. Raymond James Financial restated a “strong-buy” rating and issued a $140.00 price target on shares of Construction Partners in a report on Monday, April 27th. Zacks Research lowered Construction Partners from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Robert W. Baird boosted their price target on Construction Partners from $129.00 to $169.00 and gave the company an “outperform” rating in a report on Monday, May 11th. Weiss Ratings upgraded Construction Partners from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, April 21st. Finally, B. Riley Financial upgraded Construction Partners from a “neutral” rating to a “buy” rating and boosted their price target for the company from $117.00 to $135.00 in a report on Thursday, April 2nd. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Construction Partners presently has an average rating of “Moderate Buy” and a consensus target price of $137.80.

Read Our Latest Report on Construction Partners

Construction Partners Stock Performance

ROAD opened at $112.52 on Thursday. Construction Partners, Inc. has a 52-week low of $93.22 and a 52-week high of $151.00. The firm has a market capitalization of $6.36 billion, a PE ratio of 49.35, a PEG ratio of 0.92 and a beta of 0.92. The company has a debt-to-equity ratio of 1.75, a quick ratio of 1.21 and a current ratio of 1.53. The business’s 50-day simple moving average is $117.74 and its 200 day simple moving average is $116.34.

Construction Partners (NASDAQ:ROAD – Get Free Report) last released its earnings results on Friday, May 8th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.23. Construction Partners had a return on equity of 15.22% and a net margin of 3.90%.The business had revenue of $769.20 million for the quarter, compared to analyst estimates of $678.46 million. During the same quarter in the prior year, the company posted $0.08 earnings per share. Construction Partners’s revenue was up 34.6% on a year-over-year basis. As a group, sell-side analysts expect that Construction Partners, Inc. will post 2.95 earnings per share for the current fiscal year.

Construction Partners Profile

(Free Report)

Construction Partners, Inc (NASDAQ: ROAD) is a specialty contractor and infrastructure solutions provider focused on road building, paving, site development and aggregate production. The company delivers a comprehensive suite of civil construction services, including roadway paving and milling, site grading and preparation, stormwater and utility installation, and full-scale asphalt plant operations. By integrating materials production with contracting capabilities, the firm aims to streamline project delivery and maintain quality control across its contracting and materials businesses.

At the heart of Construction Partners’ operations are its network of asphalt plants, quarries and aggregate production facilities.