Fastenal Company (NASDAQ:FAST) Receives $49.17 Consensus Price Target from Analysts

Posted by Francis Steltz on Sep 10th, 2026

Shares of Fastenal Company (NASDAQ:FAST – Get Free Report) have been given an average rating of “Hold” by the thirteen ratings firms that are currently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $49.1667.

FAST has been the subject of several research reports. Jefferies Financial Group reiterated a “buy” rating on shares of Fastenal in a research note on Thursday, June 4th. Sanford C. Bernstein reaffirmed an “underperform” rating on shares of Fastenal in a report on Wednesday, July 15th. Wolfe Research reaffirmed an “underperform” rating and set a $47.00 price objective on shares of Fastenal in a research note on Thursday, July 9th. Robert W. Baird set a $54.00 target price on shares of Fastenal in a research note on Friday, August 7th. Finally, William Blair restated an “outperform” rating on shares of Fastenal in a research note on Friday, September 4th.

View Our Latest Report on Fastenal

Insider Activity

In related news, Director Michael Ancius sold 3,000 shares of Fastenal stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $49.00, for a total value of $147,000.00. Following the completion of the transaction, the director owned 58,690 shares in the company, valued at $2,875,810. The trade was a 4.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Rita J. Heise sold 34,964 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $50.05, for a total value of $1,749,948.20. Following the completion of the transaction, the director directly owned 20,000 shares of the company’s stock, valued at $1,001,000. This trade represents a 63.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.28% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. BlackRock Inc. purchased a new stake in Fastenal during the 2nd quarter worth $5,105,454,000. Caisse de depot et placement du Quebec purchased a new stake in shares of Fastenal during the second quarter worth about $39,417,000. Swiss Life Asset Management Ltd boosted its holdings in Fastenal by 2.7% in the fourth quarter. Swiss Life Asset Management Ltd now owns 1,491,994 shares of the company’s stock valued at $59,874,000 after purchasing an additional 39,406 shares during the last quarter. Fideuram Asset Management Ireland dac acquired a new stake in Fastenal during the 4th quarter valued at approximately $4,041,000. Finally, National Pension Service raised its holdings in Fastenal by 2.9% in the fourth quarter. National Pension Service now owns 1,603,839 shares of the company’s stock valued at $64,362,000 after acquiring an additional 45,260 shares in the last quarter. Hedge funds and other institutional investors own 81.38% of the company’s stock.

Fastenal Price Performance

Shares of FAST opened at $48.79 on Monday. The company has a 50 day moving average of $48.80 and a two-hundred day moving average of $46.66. The company has a market cap of $55.99 billion, a price-to-earnings ratio of 41.35, a price-to-earnings-growth ratio of 3.08 and a beta of 0.72. The company has a quick ratio of 2.21, a current ratio of 4.18 and a debt-to-equity ratio of 0.01. Fastenal has a twelve month low of $38.97 and a twelve month high of $52.92.

Fastenal (NASDAQ:FAST – Get Free Report) last posted its quarterly earnings data on Tuesday, July 14th. The company reported $0.33 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.33. Fastenal had a return on equity of 34.03% and a net margin of 15.45%.The firm had revenue of $2.39 billion during the quarter, compared to analysts’ expectations of $2.34 billion. During the same quarter last year, the firm earned $0.29 EPS. The business’s quarterly revenue was up 14.7% on a year-over-year basis. As a group, analysts predict that Fastenal will post 1.26 earnings per share for the current fiscal year.

Fastenal Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, August 25th. Stockholders of record on Tuesday, July 28th were given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Tuesday, July 28th. This is a boost from Fastenal’s previous quarterly dividend of $0.24. Fastenal’s dividend payout ratio is presently 88.14%.

Fastenal Company Profile

(Get Free Report)

Fastenal Company (NASDAQ: FAST) is a distributor of industrial and construction supplies. The company provides fasteners such as bolts, nuts, screws and related hardware, along with safety products, tools, material-handling equipment, welding supplies, janitorial products and other maintenance, repair and operations (MRO) materials.

Fastenal serves manufacturers, construction companies, contractors, government organizations and other commercial customers. Its offerings are delivered through a network of branch locations, customer-specific onsite operations, industrial vending machines, e-commerce platforms and other supply-chain services designed to help customers manage inventory and reduce procurement time.

Founded in 1967 by Bob Kierlin in Winona, Minnesota, Fastenal has expanded from a regional fastener supplier into an international industrial distributor.