Construction Partners, Inc. $ROAD Shares Sold by Callan Family Office LLC

Callan Family Office LLC lessened its stake in Construction Partners, Inc. (NASDAQ:ROAD) by 64.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,884 shares of the company’s stock after selling 5,284 shares during the quarter. Callan Family Office LLC’s holdings in Construction Partners were worth $366,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. TD Waterhouse Canada Inc. acquired a new position in shares of Construction Partners during the third quarter worth $25,000. AlphaQuest LLC increased its stake in Construction Partners by 292.5% during the 3rd quarter. AlphaQuest LLC now owns 208 shares of the company’s stock worth $26,000 after buying an additional 155 shares during the period. Caitong International Asset Management Co. Ltd lifted its holdings in Construction Partners by 2,750.0% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 285 shares of the company’s stock worth $30,000 after buying an additional 275 shares in the last quarter. MAI Capital Management purchased a new position in Construction Partners in the 2nd quarter valued at about $44,000. Finally, Hazlett Burt & Watson Inc. boosted its position in Construction Partners by 88.9% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 425 shares of the company’s stock valued at $45,000 after buying an additional 200 shares during the last quarter. Hedge funds and other institutional investors own 94.83% of the company’s stock.

Construction Partners Stock Performance

Shares of ROAD opened at $127.05 on Friday. The stock has a market capitalization of $7.18 billion, a PE ratio of 57.75, a price-to-earnings-growth ratio of 1.20 and a beta of 0.87. The business’s fifty day moving average price is $111.68 and its 200 day moving average price is $114.24. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.61 and a quick ratio of 1.34. 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 earnings results on Thursday, February 5th. The company reported $0.47 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.16. Construction Partners had a net margin of 3.99% and a return on equity of 15.76%. The company had revenue of $809.47 million for the quarter, compared to analysts’ expectations of $740.14 million. During the same period in the prior year, the company earned $0.25 earnings per share. The firm’s revenue was up 44.1% compared to the same quarter last year. Equities research analysts forecast that Construction Partners, Inc. will post 1.96 EPS for the current year.

Key Stories Impacting Construction Partners

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

• Positive Sentiment: Q1 results beat expectations: revenue $809.5M (+44% YoY) and EPS $0.47 vs. consensus $0.31 — a clear operational upside that supports revenue growth thesis. Construction Partners, Inc. Announces Fiscal 2026 First Quarter Results
• Positive Sentiment: Company raised FY26 outlook and reported a record backlog of $3.09B, with adjusted net income and adjusted EBITDA up significantly — signals stronger near-term revenue visibility and backlog-fueled growth. Construction Partners, Inc. Announces Fiscal 2026 First Quarter Results
• Positive Sentiment: Street commentary highlights the beats and momentum (multiple outlets flag strong sales and upside vs. estimates), which can support near-term sentiment and analyst revisions. Construction Partners (ROAD) Q1 Earnings and Revenues Top Estimates
• Neutral Sentiment: Management commentary from the earnings call provides detail on margin drivers, backlog conversion and execution across Sunbelt markets — worth listening for guidance granularity and wins/losses by geography. Construction Partners, Inc. (ROAD) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Analyst estimates and previews anticipated robust results; company reiterated FY26 revenue range (~$3.5–3.6B) but left some EPS detail unclear in early releases — monitor updated guidance/firm EPS targets for conviction. Construction Partners Q1 2026 earnings preview
• Negative Sentiment: Valuation and leverage could limit upside: the stock trades at a high P/E (~69x) and the company has a meaningful debt-to-equity ratio (~1.7), which raises sensitivity to margins and interest costs. Construction Partners Stock Profile
• Negative Sentiment: Despite beats, the share price pulled back today on heavy volume — likely profit-taking and rotation after the rally; investors should watch subsequent guidance detail, margin outlook, and backlog conversion pace to judge sustainability. Construction Partners’s (NASDAQ:ROAD) Q4 CY2025: Strong Sales

Analysts Set New Price Targets

A number of brokerages have recently issued reports on ROAD. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Construction Partners in a research report on Monday, December 29th. DA Davidson lifted their price objective on Construction Partners from $120.00 to $130.00 and gave the stock a “neutral” rating in a report on Friday. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $135.00 target price (up from $120.00) on shares of Construction Partners in a research report on Tuesday, October 21st. Zacks Research raised shares of Construction Partners from a “strong sell” rating to a “strong-buy” rating in a research report on Thursday, January 29th. Finally, B. Riley Financial assumed coverage on shares of Construction Partners in a report on Thursday, January 15th. They issued a “neutral” rating and a $117.00 price target on the stock. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $127.80.

About Construction Partners

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.