FAST icon

Fastenal

80.97 USD
+0.69
0.86%
At close Apr 30, 4:00 PM EDT
After hours
80.44
-0.53
0.65%
1 day
0.86%
5 days
0.78%
1 month
4.41%
3 months
7.99%
6 months
3.36%
Year to date
13.87%
1 year
19.18%
5 years
123.55%
10 years
279.96%
 

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: 21,339

0
Funds holding %
of 7,425 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

135% more first-time investments, than exits

New positions opened: 146 | Existing positions closed: 62

58% more funds holding in top 10

Funds holding in top 10: 12 [Q3] → 19 (+7) [Q4]

6% more capital invested

Capital invested by funds: $32.7B [Q3] → $34.5B (+$1.85B) [Q4]

5% more funds holding

Funds holding: 1,148 [Q3] → 1,209 (+61) [Q4]

2.6% more ownership

Funds ownership: 79.94% [Q3] → 82.54% (+2.6%) [Q4]

5% more call options, than puts

Call options by funds: $213M | Put options by funds: $204M

11% less repeat investments, than reductions

Existing positions increased: 412 | Existing positions reduced: 461

Research analyst outlook

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

Low target
$80
1%
downside
Avg. target
$83
3%
upside
High target
$86
6%
upside

2 analyst ratings

positive
0%
neutral
100%
negative
0%
Stephens & Co.
Tommy Moll
29% 1-year accuracy
6 / 21 met price target
1%downside
$80
Equal-Weight
Maintained
15 Apr 2025
Baird
David Manthey
31% 1-year accuracy
12 / 39 met price target
6%upside
$86
Neutral
Maintained
14 Apr 2025

Financial journalist opinion

Based on 18 articles about FAST published over the past 30 days

Neutral
The Motley Fool
22 hours ago
Wall Street's Newest Stock-Split Stock, Up More Than 127,100% Since Its IPO, Is Conducting Its 9th Split in 37 Years
Though the stock market has experienced a historic bout of volatility in recent weeks, it doesn't change the fact that optimists have ruled the roost on Wall Street for more than two years.
Wall Street's Newest Stock-Split Stock, Up More Than 127,100% Since Its IPO, Is Conducting Its 9th Split in 37 Years
Positive
Seeking Alpha
1 day ago
Best Dividend Aristocrats For May 2025
Despite a strong start, the Dividend Aristocrats are underperforming the S&P 500 in April, with NOBL down 4.88% and SPY down 1.53%. The best-performing Dividend Aristocrats YTD include Consolidated Edison (+25.65%), Cardinal Health (+17.82%), and Coca-Cola (+16.18%). 33 out of 69 Dividend Aristocrats have announced dividend increases in 2025, with an average growth rate of 4.33%.
Best Dividend Aristocrats For May 2025
Positive
Schwab Network
1 day ago
The Big 3: FAST, COST, BRK/B
Jessica Inskip urges investors to keep tariff volatility in mind when adjusting your portfolio. She talks investors through how Fastenal (FAST), Costco (COST), and Berkshire Hathaway (BRK/B) offer piece of mind as volatility stays high.
The Big 3: FAST, COST, BRK/B
Neutral
Business Wire
1 week ago
Fastenal Company Announces Two-For-One Stock Split
WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq:FAST) ('Fastenal', the 'Company', 'we', 'our', or 'us') announced today that its board of directors approved a two-for-one stock split of the Company's outstanding common stock to be effected through an amendment to the Company's Restated Articles of Incorporation (the 'Amendment'). The Amendment will also effect a proportionate increase in the number of shares of authorized common stock. Holders of record of the Company's common stock at.
Fastenal Company Announces Two-For-One Stock Split
Neutral
The Motley Fool
1 week ago
Fastenal (FAST) Q1 2025 Earnings Call
Image source: The Motley Fool.
Fastenal (FAST) Q1 2025 Earnings Call
Neutral
CNBC Television
1 week ago
Fastenal CEO on raising prices due to tariffs: The supply chain has become more expensive
Fastenal CEO Dan Florness joins 'Squawk Box' to discuss the impact of President Trump's tariff policy, why he's raising prices as part of a new strategy to manage the impact of new tariffs, and more.
Fastenal CEO on raising prices due to tariffs: The supply chain has become more expensive
Positive
Seeking Alpha
1 week ago
Fastenal: Expensive But Strong Growth Prospects
Fastenal's shift from branch closures to expansion, creates strong growth outlook. Investments in FASTCrib and digital services enhance customer retention, increase margins, and expand Fastenal's TAM. Secular tailwinds from end markets and increasing customer bases create a GDP+ growth.
Fastenal: Expensive But Strong Growth Prospects
Positive
MarketBeat
2 weeks ago
Don't Fear, New Highs for Fastenal Will Soon Be Here
Fastenal NASDAQ: FAST faces headwinds and hurdles like any business in 2025, but it navigates the situation better than most, driven by execution and technology. The company leaned into an FMI or Fastenal Managed Inventory footprint expansion in FQ1, compounded by improving client counts and penetration tied to execution and technology, to sustain growth in a tepid-growth environment.
Don't Fear, New Highs for Fastenal Will Soon Be Here
Neutral
Seeking Alpha
2 weeks ago
Fastenal Company (FAST) Q1 2025 Earnings Call Transcript
Fastenal Company (NASDAQ:FAST ) Q1 2025 Earnings Conference Call April 11, 2025 10:00 AM ET Company Participants Dan Florness - CEO Jeffery Watts - President and Chief Sales Officer Holden Lewis - CFO Conference Call Participants David Manthey - Baird Stephen Volkmann - Jefferies Ryan Cooke - Wolfe Research Tommy Moll - Stephens Chris Snyder - Morgan Stanley Operator Greetings, and welcome to the Fastenal Q1 2025 Earnings Results Conference Call. At this time, all participants are in listen-only mode.
Fastenal Company (FAST) Q1 2025 Earnings Call Transcript
Positive
Zacks Investment Research
2 weeks ago
Fastenal Q1 Earnings Meet Expectations, Sales Top, Daily Sales Up Y/Y
FAST's first-quarter 2025 results reflect flat earnings but year-over-year net sales growth. Dive in to know more.
Fastenal Q1 Earnings Meet Expectations, Sales Top, Daily Sales Up Y/Y
Charts implemented using Lightweight Charts™