Fastenal
FAST
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
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
104% more first-time investments, than exits
New positions opened: 141 | Existing positions closed: 69
52% more call options, than puts
Call options by funds: $172M | Put options by funds: $113M
10% more capital invested
Capital invested by funds: $36.8B [Q1] → $40.5B (+$3.74B) [Q2]
4% more funds holding
Funds holding: 1,232 [Q1] → 1,286 (+54) [Q2]
2.58% more ownership
Funds ownership: 165.46% [Q1] → 168.05% (+2.58%) [Q2]
2% more repeat investments, than reductions
Existing positions increased: 477 | Existing positions reduced: 469
19% less funds holding in top 10
Funds holding in top 10: 21 [Q1] → 17 (-4) [Q2]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
|
JP Morgan
Patrick Baumann
|
$46
|
Neutral
Maintained
|
4 Sep 2025 |
|
Baird
David Manthey
|
$55
|
Outperform
Upgraded
|
7 Aug 2025 |
|
Stephens & Co.
Tommy Moll
|
$45
|
Equal-Weight
Maintained
|
15 Jul 2025 |
|
Loop Capital
Chris Dankert
|
$45
|
Hold
Maintained
|
8 Jul 2025 |
Financial journalist opinion
Based on 8 articles about FAST published over the past 30 days
