FAST icon

Fastenal

46.41 USD
-0.19
0.41%
At close Jul 30, 4:00 PM EDT
After hours
45.74
-0.67
1.44%
1 day
-0.41%
5 days
-2.07%
1 month
10.50%
3 months
14.62%
6 months
23.79%
Year to date
30.51%
1 year
30.92%
5 years
97.83%
10 years
354.11%
 

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: 21,807

0
Funds holding %
of 7,323 funds
0
Analysts bullish %
of 5 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

46% more first-time investments, than exits

New positions opened: 124 | 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 (+$2.08B) [Q1 2025]

1% more funds holding

Funds holding: 1,210 [Q4 2024] → 1,225 (+15) [Q1 2025]

0.14% less ownership

Funds ownership: 82.56% [Q4 2024] → 82.42% (-0.14%) [Q1 2025]

7% less repeat investments, than reductions

Existing positions increased: 441 | Existing positions reduced: 475

Research analyst outlook

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

Low target
$40
14%
downside
Avg. target
$44
6%
downside
High target
$47
1%
upside

5 analyst ratings

positive
0%
neutral
100%
negative
0%
JP Morgan
Patrick Baumann
12%downside
$41
Neutral
Maintained
15 Jul 2025
Baird
David Manthey
1%upside
$47
Neutral
Maintained
15 Jul 2025
Stephens & Co.
Tommy Moll
3%downside
$45
Equal-Weight
Maintained
15 Jul 2025
Loop Capital
Chris Dankert
3%downside
$45
Hold
Maintained
8 Jul 2025
Morgan Stanley
Chris Snyder
14%downside
$40
Equal-Weight
Maintained
23 May 2025

Financial journalist opinion

Based on 28 articles about FAST published over the past 30 days

Neutral
Zacks Investment Research
5 hours ago
ASHTY vs. FAST: Which Stock Is the Better Value Option?
Investors looking for stocks in the Industrial Services sector might want to consider either Ashtead Group PLC (ASHTY) or Fastenal (FAST). But which of these two stocks offers value investors a better bang for their buck right now?
ASHTY vs. FAST: Which Stock Is the Better Value Option?
Neutral
CNBC Television
1 week ago
Final Trades: Rocket Companies, Toll Brothers, Fastenal and the VIX
The Investment Committee give you their top stocks to watch for the second half.
Final Trades: Rocket Companies, Toll Brothers, Fastenal and the VIX
Neutral
Zacks Investment Research
1 week ago
Fastenal (FAST) Reliance on International Sales: What Investors Need to Know
Explore how Fastenal's (FAST) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.
Fastenal (FAST) Reliance on International Sales: What Investors Need to Know
Positive
CNBC Television
1 week ago
Josh Brown's Best Stocks in the Market: Fastenal
Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's "Halftime Report" to spotlight another name in his "Best Stocks in the Market".
Josh Brown's Best Stocks in the Market: Fastenal
Positive
Seeking Alpha
1 week ago
Embedded, Efficient, And Expensive: Fastenal's Growth Story With A Premium Tag
Fastenal delivered strong Q2 results, driven by big-ticket customer growth, market share gains, and expanding digital sales footprint. Operating leverage from its digital solutions is boosting margins and keeping SG&A growth in check. Risks include a slowdown in new FMI device signings and elevated inventory.
Embedded, Efficient, And Expensive: Fastenal's Growth Story With A Premium Tag
Positive
MarketBeat
2 weeks ago
Fastenal Surges After Earnings Beat, Tariff Risks Loom
Fastenal Co. NASDAQ: FAST stock is up more than 4.5% in early trading after the company reported a double-beat in its second quarter earnings report. The company delivered a slight beat on both the top and bottom lines.
Fastenal Surges After Earnings Beat, Tariff Risks Loom
Negative
Seeking Alpha
2 weeks ago
Fastenal Company: Premium Valuation Means No Room For Error
Maintaining a Hold rating on Fastenal due to premium valuation—38.7x forward earnings leaves no margin of safety despite strong recent results. Self-help initiatives are driving sustained outperformance, with a turnaround in fasteners and accelerating national account wins supporting the growth thesis. Lingering macroeconomic weakness and a downward revision in FMI device guidance highlight real external headwinds that could limit near-term upside.
Fastenal Company: Premium Valuation Means No Room For Error
Positive
Benzinga
2 weeks ago
Fastenal Analysts Boost Their Forecasts After Upbeat Earnings
Fastenal Company FAST reported better-than-expected second-quarter earnings on Monday.
Fastenal Analysts Boost Their Forecasts After Upbeat Earnings
Positive
Seeking Alpha
2 weeks ago
Fastenal Q2 Earnings: Record Quarterly Sales, Shares Fairly Valued
Shares in Fastenal rose to new all-time highs after delivering strong Q2 results. The company reported $2B in quarterly sales for the first time in company history. Rising sales growth has come despite a soft macroeconomic backdrop.
Fastenal Q2 Earnings: Record Quarterly Sales, Shares Fairly Valued
Neutral
The Motley Fool
2 weeks ago
Wall Street's Premier Stock-Split Stocks of 2025 Have Gained Up to 137,000% Since Their IPOs and Show No Signs of Slowing Down
For more than three decades, investors have pretty consistently had a next-big-thing trend or game-changing innovation to captivate their attention. In rare instances, more than one hit trend can exist on Wall Street at the same time.
Wall Street's Premier Stock-Split Stocks of 2025 Have Gained Up to 137,000% Since Their IPOs and Show No Signs of Slowing Down
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