FAST icon

Fastenal

74.78 USD
-0.01
0.01%
At close Feb 14, 4:00 PM EST
After hours
74.92
+0.14
0.19%
1 day
-0.01%
5 days
0.54%
1 month
1.41%
3 months
-8.98%
6 months
12.84%
Year to date
5.16%
1 year
6.63%
5 years
95.15%
10 years
250.92%
 

About: Fastenal opened its first fastener store in 1967 in Winona, Minnesota. Since then, it has greatly expanded its footprint as well as its products and services. Today, Fastenal serves its 400,000 active customers through approximately 1,600 branches, over 2,000 on-site locations, and 15 distribution centers. Since 1993, the company has added other product categories, but fasteners remain its largest category at about 30%-35% of sales. Fastenal also offers customers supply chain solutions, such as vending and vendor-managed inventory.

Employees: 23,702

0
Funds holding %
of 6,831 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

42% more first-time investments, than exits

New positions opened: 102 | Existing positions closed: 72

15% more call options, than puts

Call options by funds: $213M | Put options by funds: $184M

10% more capital invested

Capital invested by funds: $30B [Q2] → $33B (+$2.93B) [Q3]

1% more funds holding

Funds holding: 1,131 [Q2] → 1,143 (+12) [Q3]

1% more repeat investments, than reductions

Existing positions increased: 422 | Existing positions reduced: 416

0% more funds holding in top 10

Funds holding in top 10: 12 [Q2] → 12 (+0) [Q3]

2.88% less ownership

Funds ownership: 83.51% [Q2] → 80.62% (-2.88%) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$82
10%
upside
Avg. target
$84
12%
upside
High target
$85
14%
upside

2 analyst ratings

positive
0%
neutral
100%
negative
0%
Stifel
Brian Butler
50% 1-year accuracy
4 / 8 met price target
10%upside
$82
Hold
Maintained
21 Jan 2025
Jefferies
Stephen Volkmann
18% 1-year accuracy
2 / 11 met price target
14%upside
$85
Hold
Maintained
6 Dec 2024

Financial journalist opinion

Based on 11 articles about FAST published over the past 30 days

Positive
MarketBeat
2 weeks ago
5 Stocks With Above-Market Yields Just Raised Payments Further
With the stock market going through its first earnings season of 2025, companies are making important announcements. This includes the approval of share buyback programs, as well as dividend increases.
5 Stocks With Above-Market Yields Just Raised Payments Further
Positive
Seeking Alpha
2 weeks ago
Fastenal Company: Market Maybe Too Optimistic About Business Outlook
I am neutral on Fastenal Company due to near-term industrial sector challenges, potential margin compression, and slower growth in key segments like fastener sales. Despite positive 4Q24 earnings aspects, FAST's 35x forward earnings valuation is difficult to justify given the mixed outlook and historical performance. FAST's strengths include strong digital adoption, deep national account relationships, and potential benefits from an industrial sector recovery.
Fastenal Company: Market Maybe Too Optimistic About Business Outlook
Positive
Seeking Alpha
3 weeks ago
6 Upcoming Dividend Increases
This week's anticipated dividend increases feature six companies, averaging a 4.4% rise, with a median increase of 3.4%. My strategy involves investing in companies with consistent dividend growth and outperforming benchmarks, using data from the U.S. Dividend Champions and NASDAQ. I recommend SCHD for non-REIT investments and the Cohen & Steers REIT & Preferred Income Fund for REITs, both showcasing strong historical performance.
6 Upcoming Dividend Increases
Neutral
Seeking Alpha
4 weeks ago
Fastenal Company (FAST) Q4 2024 Earnings Call Transcript
Fastenal Company (NASDAQ:FAST ) Q4 2024 Earnings Call Transcript January 17, 2025 10:00 AM ET Company Participants Taylor Ranta - Accounting Manager Dan Florness - CEO Holden Lewis - CFO Conference Call Participants Ryan Merkel - William Blair David Manthey - Baird Tommy Moll - Stephens Stephen Volkmann - Jefferies Operator Greetings, and welcome to the Fastenal 2024 Annual and Q4 Earnings Results Conference Call. At this time, all participants are in a listen-only mode.
Fastenal Company (FAST) Q4 2024 Earnings Call Transcript
Neutral
Zacks Investment Research
4 weeks ago
Fastenal's Q4 Earnings & Sales Miss Estimates, Stock Down
FAST's fourth-quarter 2024 results reflect the expansion of Onsite locations and increased adoption of digital platforms, which are offset by a soft manufacturing environment.
Fastenal's Q4 Earnings & Sales Miss Estimates, Stock Down
Positive
Benzinga
4 weeks ago
S&P 500 Gains 1%; Fastenal Posts Downbeat Earnings
U.S. stocks traded higher midway through trading, with the S&P 500 gaining around 1% on Friday.
S&P 500 Gains 1%; Fastenal Posts Downbeat Earnings
Negative
Schaeffers Research
4 weeks ago
Fastenal Stock Slips After Dismal Q4 Results
Shares of Fastenal Co (NASDAQ:FAST) are down 1.9% at $73.38 at last glance, after the industrial machinery name's disappointing fourth-quarter results, with earnings, revenue, and sales growth all missing estimates.
Fastenal Stock Slips After Dismal Q4 Results
Positive
Zacks Investment Research
4 weeks ago
Compared to Estimates, Fastenal (FAST) Q4 Earnings: A Look at Key Metrics
The headline numbers for Fastenal (FAST) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Compared to Estimates, Fastenal (FAST) Q4 Earnings: A Look at Key Metrics
Negative
Investopedia
4 weeks ago
Fastenal Stock Drops as 'Soft Manufacturing Environment' Hits Q4 Results
Shares of Fastenal (FAST) stumbled in premarket trading Friday after the industrial parts company's fourth-quarter results came in short of what analysts had expected.
Fastenal Stock Drops as 'Soft Manufacturing Environment' Hits Q4 Results
Negative
Zacks Investment Research
4 weeks ago
Fastenal (FAST) Lags Q4 Earnings and Revenue Estimates
Fastenal (FAST) came out with quarterly earnings of $0.46 per share, missing the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.46 per share a year ago.
Fastenal (FAST) Lags Q4 Earnings and Revenue Estimates
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