Vaughan Nelson Investment Management L.P. Acquires 10,695 Shares of Construction Partners, Inc. $ROAD

Posted by Stanley Muller on Jun 22nd, 2026

Vaughan Nelson Investment Management L.P. grew its holdings in Construction Partners, Inc. (NASDAQ:ROAD – Free Report) by 2.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 402,390 shares of the company’s stock after purchasing an additional 10,695 shares during the quarter. Vaughan Nelson Investment Management L.P. owned about 0.71% of Construction Partners worth $44,714,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Tyro Capital Management LLC boosted its holdings in shares of Construction Partners by 6.8% during the 3rd quarter. Tyro Capital Management LLC now owns 164,488 shares of the company’s stock worth $20,890,000 after buying an additional 10,465 shares in the last quarter. Telligent Fund LP bought a new stake in shares of Construction Partners in the 3rd quarter valued at $1,016,000. American Century Companies Inc. increased its stake in shares of Construction Partners by 5.6% in the 3rd quarter. American Century Companies Inc. now owns 1,039,928 shares of the company’s stock valued at $132,071,000 after acquiring an additional 55,049 shares in the last quarter. First Trust Advisors LP lifted its position in shares of Construction Partners by 33.2% during the 3rd quarter. First Trust Advisors LP now owns 1,059,566 shares of the company’s stock valued at $134,565,000 after acquiring an additional 264,069 shares during the period. Finally, Pinnbrook Capital Management LP acquired a new position in shares of Construction Partners during the 3rd quarter valued at $6,277,000. Institutional investors own 94.83% of the company’s stock.

Construction Partners Stock Performance

Shares of ROAD opened at $122.78 on Monday. The firm has a market capitalization of $6.94 billion, a P/E ratio of 53.85, a P/E/G ratio of 1.02 and a beta of 0.88. Construction Partners, Inc. has a 52 week low of $93.22 and a 52 week high of $151.00. The stock has a 50 day moving average price of $118.57 and a two-hundred day moving average price of $117.23. The company has a debt-to-equity ratio of 1.75, a quick ratio of 1.21 and a current ratio of 1.53.

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

Analysts Set New Price Targets

Several research firms have weighed in on ROAD. Robert W. Baird lifted their price target on shares of Construction Partners from $129.00 to $169.00 and gave the company an “outperform” rating in a research note on Monday, May 11th. Truist Financial began coverage on Construction Partners in a research note on Wednesday, June 3rd. They set a “hold” rating and a $130.00 price target on the stock. Weiss Ratings cut Construction Partners from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. Raymond James Financial reaffirmed a “strong-buy” rating and set a $140.00 target price on shares of Construction Partners in a research report on Monday, April 27th. Finally, B. Riley Financial raised shares of Construction Partners from a “neutral” rating to a “buy” rating and lifted their price target for the company from $117.00 to $135.00 in a research report on Thursday, April 2nd. One 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 stock. According to data from MarketBeat, Construction Partners has a consensus rating of “Moderate Buy” and an average price target of $136.50.

Read Our Latest Research Report on Construction Partners

About Construction Partners

(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.