FastenalFAST
About: Fastenal began as an industrial retailer, expanding its product portfolio from nuts and bolts to cutting tools, safety equipment, and janitorial supplies. It transitioned into a distributor by building out a dense network of branches close to its business customers. Once a customer becomes large enough, Fastenal installs vending machines and its own personnel on-site. Today, these on-site locations exceed Fastenal's branch count and remain the firm's main focus for expansion. Fastenal acts as a one-stop outsourcing partner for its industrial customers, offering value-added services along with a wide breadth of maintenance, repair, and operations supplies.
Employees: 21,339
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
44% more first-time investments, than exits
New positions opened: 122 | Existing positions closed: 85
27% more call options, than puts
Call options by funds: $176M | Put options by funds: $138M
11% more funds holding in top 10
Funds holding in top 10: 19 [Q4 2024] → 21 (+2) [Q1 2025]
6% more capital invested
Capital invested by funds: $34.6B [Q4 2024] → $36.6B (+$2.02B) [Q1 2025]
1% more funds holding
Funds holding: 1,209 [Q4 2024] → 1,220 (+11) [Q1 2025]
0.28% less ownership
Funds ownership: 82.56% [Q4 2024] → 82.28% (-0.28%) [Q1 2025]
7% less repeat investments, than reductions
Existing positions increased: 441 | Existing positions reduced: 472
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
JP Morgan Patrick Baumann | 10%downside $38 | Neutral Maintained | 27 May 2025 |
Morgan Stanley Chris Snyder | 5%downside $40 | Equal-Weight Maintained | 23 May 2025 |
Stephens & Co. Tommy Moll | 5%downside $40 | Equal-Weight Maintained | 15 Apr 2025 |
Baird David Manthey | 2%upside $43 | Neutral Maintained | 14 Apr 2025 |
Financial journalist opinion
Based on 10 articles about FAST published over the past 30 days









