Natixis Advisors LLC Reduces Stock Position in Construction Partners, Inc. $ROAD

Posted by George Bondi on Jun 5th, 2026

Natixis Advisors LLC lessened its holdings in shares of Construction Partners, Inc. (NASDAQ:ROAD – Free Report) by 21.8% during the fourth quarter, Holdings Channel reports. The firm owned 261,315 shares of the company’s stock after selling 72,714 shares during the quarter. Natixis Advisors LLC’s holdings in Construction Partners were worth $28,366,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of ROAD. Vaughan Nelson Investment Management L.P. bought a new stake in Construction Partners during the 4th quarter valued at approximately $42,518,000. First Trust Advisors LP raised its position in shares of Construction Partners by 33.2% in the 3rd quarter. First Trust Advisors LP now owns 1,059,566 shares of the company’s stock worth $134,565,000 after acquiring an additional 264,069 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its stake in shares of Construction Partners by 38.3% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 810,881 shares of the company’s stock valued at $90,948,000 after purchasing an additional 224,575 shares during the period. Bank of America Corp DE boosted its position in shares of Construction Partners by 41.9% during the third quarter. Bank of America Corp DE now owns 757,172 shares of the company’s stock valued at $96,161,000 after purchasing an additional 223,549 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of Construction Partners by 2,153.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 155,593 shares of the company’s stock valued at $16,890,000 after purchasing an additional 148,687 shares in the last quarter. Institutional investors own 94.83% of the company’s stock.

Analyst Ratings Changes

ROAD has been the subject of a number of research reports. Raymond James Financial reiterated a “strong-buy” rating and issued a $140.00 price objective on shares of Construction Partners in a report on Monday, April 27th. Zacks Research lowered shares of Construction Partners from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. DA Davidson increased their price target on shares of Construction Partners from $120.00 to $130.00 and gave the stock a “neutral” rating in a research note on Friday, February 6th. Truist Financial started coverage on shares of Construction Partners in a research note on Wednesday. They issued a “hold” rating and a $130.00 price target for the company. Finally, Robert W. Baird increased their price target on shares of Construction Partners from $129.00 to $169.00 and gave the stock an “outperform” rating in a research note on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $136.50.

Get Our Latest Stock Report on ROAD

Construction Partners Stock Up 2.3%

Shares of Construction Partners stock opened at $112.93 on Friday. The company has a debt-to-equity ratio of 1.75, a current ratio of 1.53 and a quick ratio of 1.21. The company has a 50-day moving average of $117.47 and a 200 day moving average of $116.53. The firm has a market cap of $6.38 billion, a price-to-earnings ratio of 49.53, a PEG ratio of 0.92 and a beta of 0.88. Construction Partners, Inc. has a 1 year low of $93.22 and a 1 year high of $151.00.

Construction Partners (NASDAQ:ROAD – Get Free Report) last issued its quarterly 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. The company had revenue of $769.20 million during the quarter, compared to analyst estimates of $678.46 million. Construction Partners had a net margin of 3.90% and a return on equity of 15.22%. Construction Partners’s quarterly revenue was up 34.6% compared to the same quarter last year. During the same period last year, the business earned $0.08 EPS. As a group, sell-side analysts anticipate 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.