Bessemer Group Inc. Has $31.02 Million Stake in Construction Partners, Inc. $ROAD

Bessemer Group Inc. cut its position in Construction Partners, Inc. (NASDAQ:ROAD) by 15.9% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 244,290 shares of the company’s stock after selling 46,216 shares during the quarter. Bessemer Group Inc.’s holdings in Construction Partners were worth $31,024,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in ROAD. AGF Management Ltd. bought a new stake in shares of Construction Partners during the 3rd quarter worth approximately $15,062,000. Jones Financial Companies Lllp raised its position in Construction Partners by 29.8% during the third quarter. Jones Financial Companies Lllp now owns 16,528 shares of the company’s stock valued at $2,115,000 after purchasing an additional 3,791 shares in the last quarter. Principal Financial Group Inc. raised its position in Construction Partners by 13.3% during the third quarter. Principal Financial Group Inc. now owns 41,581 shares of the company’s stock valued at $5,281,000 after purchasing an additional 4,885 shares in the last quarter. Hazlett Burt & Watson Inc. lifted its stake in Construction Partners by 158.8% during the third quarter. Hazlett Burt & Watson Inc. now owns 1,100 shares of the company’s stock worth $140,000 after purchasing an additional 675 shares during the last quarter. Finally, AlphaQuest LLC boosted its holdings in shares of Construction Partners by 292.5% in the 3rd quarter. AlphaQuest LLC now owns 208 shares of the company’s stock valued at $26,000 after purchasing an additional 155 shares in the last quarter. Institutional investors own 94.83% of the company’s stock.

Construction Partners Stock Performance

Shares of ROAD stock opened at $127.65 on Friday. The firm has a market capitalization of $7.22 billion, a price-to-earnings ratio of 69.75, a PEG ratio of 1.08 and a beta of 0.87. The company has a current ratio of 1.61, a quick ratio of 1.34 and a debt-to-equity ratio of 1.73. The business’s 50-day moving average price is $111.31 and its 200-day moving average price is $114.03. Construction Partners, Inc. has a 12 month low of $64.79 and a 12 month high of $138.90.

Construction Partners (NASDAQ:ROAD) last issued its quarterly earnings data on Thursday, February 5th. The company reported $0.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.16. Construction Partners had a net margin of 3.62% and a return on equity of 14.42%. The business had revenue of $809.47 million during the quarter, compared to analyst estimates of $740.14 million. During the same quarter last year, the business earned $0.25 EPS. The firm’s quarterly revenue was up 44.1% on a year-over-year basis. Equities research analysts forecast that Construction Partners, Inc. will post 1.96 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Bank of America lowered their price target on Construction Partners from $120.00 to $115.00 and set a “buy” rating for the company in a report on Friday, November 21st. Robert W. Baird lowered their target price on Construction Partners from $131.00 to $124.00 and set an “outperform” rating for the company in a research note on Friday, November 21st. Weiss Ratings restated a “hold (c+)” rating on shares of Construction Partners in a research note on Monday, December 29th. Zacks Research raised shares of Construction Partners from a “strong sell” rating to a “strong-buy” rating in a report on Thursday, January 29th. Finally, DA Davidson reissued a “neutral” rating and issued a $120.00 price objective on shares of Construction Partners in a research note on Friday, November 21st. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $122.20.

Key Stories Impacting Construction Partners

Here are the key news stories impacting Construction Partners this week:

• Positive Sentiment: Earnings beat: Q1 EPS of $0.47 topped the consensus $0.31, driven by improved margins versus prior year. Construction Partners (ROAD) Q1 Earnings and Revenues Top Estimates
• Positive Sentiment: Revenue and profitability acceleration: Q1 revenue of $809.47M beat estimates (~$740M) and rose ~44% YoY; adjusted net income and adjusted EBITDA increased substantially (reported +99% and +63% respectively). Press Release
• Positive Sentiment: Backlog and outlook: Company reported a record backlog of $3.09B and raised its FY‑2026 revenue outlook (guidance cited in the release at roughly $3.5B–$3.6B), supporting near‑term revenue visibility. Press Release
• Neutral Sentiment: Management commentary available — the full Q1 earnings call transcript provides color on margin drivers, backlog composition and execution plans; useful for gauging sustainability of the beat. Earnings Call Transcript
• Neutral Sentiment: Previews and coverage ahead of the print summarized analyst focus areas (margin sustainability, bid activity in Sunbelt markets). These pieces add context but no new company disclosures. Earnings Preview
• Negative Sentiment: Guidance detail gap: while revenue outlook was raised, EPS guidance was not clearly provided (company materials left EPS guidance unspecified), which may leave some investors seeking clearer forward margin/earnings cadence. Earnings Release / Call

Construction Partners Profile

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.