Fastenal Company $FAST Shares Purchased by CHICAGO TRUST Co NA

Posted by on Jul 2nd, 2026

CHICAGO TRUST Co NA raised its holdings in Fastenal Company (NASDAQ:FAST – Free Report) by 64.3% in the 1st quarter, Holdings Channel reports. The institutional investor owned 42,850 shares of the company’s stock after acquiring an additional 16,772 shares during the period. CHICAGO TRUST Co NA’s holdings in Fastenal were worth $1,988,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Franklin Resources Inc. increased its holdings in shares of Fastenal by 1.2% during the 3rd quarter. Franklin Resources Inc. now owns 7,387,472 shares of the company’s stock worth $362,282,000 after buying an additional 90,095 shares during the last quarter. Wiregrass Investment Management LLC acquired a new position in Fastenal in the fourth quarter valued at $1,020,000. Stance Capital LLC boosted its holdings in Fastenal by 653.1% in the third quarter. Stance Capital LLC now owns 54,976 shares of the company’s stock valued at $2,696,000 after acquiring an additional 47,676 shares during the last quarter. Assenagon Asset Management S.A. grew its position in Fastenal by 20.2% during the fourth quarter. Assenagon Asset Management S.A. now owns 328,263 shares of the company’s stock valued at $13,173,000 after acquiring an additional 55,191 shares during the period. Finally, Swiss Life Asset Management Ltd grew its position in Fastenal by 2.7% during 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 acquiring an additional 39,406 shares during the period. 81.38% of the stock is currently owned by hedge funds and other institutional investors.

Fastenal Stock Performance

Fastenal stock opened at $47.75 on Thursday. The firm has a market capitalization of $54.82 billion, a PE ratio of 41.89, a price-to-earnings-growth ratio of 3.06 and a beta of 0.72. Fastenal Company has a one year low of $38.97 and a one year high of $50.63. The stock’s 50 day moving average price is $45.20 and its 200 day moving average price is $44.79. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.34 and a current ratio of 4.39.

Fastenal (NASDAQ:FAST – Get Free Report) last posted its quarterly earnings data on Monday, April 13th. The company reported $0.30 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.30. Fastenal had a net margin of 15.39% and a return on equity of 33.25%. The company had revenue of $2.20 billion for the quarter, compared to analyst estimates of $2.19 billion. During the same quarter last year, the firm posted $0.52 earnings per share. The business’s quarterly revenue was up 12.4% on a year-over-year basis. As a group, sell-side analysts expect that Fastenal Company will post 1.23 EPS for the current fiscal year.

Fastenal Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Tuesday, April 28th were issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend was Tuesday, April 28th. Fastenal’s dividend payout ratio (DPR) is presently 84.21%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on FAST. Jefferies Financial Group restated a “buy” rating on shares of Fastenal in a report on Thursday, June 4th. Robert W. Baird decreased their price objective on shares of Fastenal from $52.00 to $50.00 and set an “outperform” rating for the company in a research note on Tuesday, April 14th. Wolfe Research dropped their price objective on shares of Fastenal from $46.00 to $45.00 and set an “underperform” rating for the company in a research report on Tuesday, April 14th. Raymond James Financial set a $48.00 target price on shares of Fastenal in a report on Thursday, March 5th. Finally, Barclays set a $46.00 price target on shares of Fastenal and gave the stock an “equal weight” rating in a research report on Wednesday, June 3rd. Five research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $49.57.

Check Out Our Latest Research Report on Fastenal

Fastenal Company Profile

(Free Report)

Fastenal (NASDAQ: FAST) is a wholesale distributor of industrial and construction supplies, best known for its broad assortment of fasteners such as bolts, nuts, screws and anchors. Founded in Winona, Minnesota, Fastenal has grown from a regional supplier into a national and international distributor serving a wide range of end markets, including manufacturing, construction, maintenance, repair and operations (MRO), and government customers. The company is publicly traded and operates through a network of locally staffed branches combined with national distribution capabilities.

Product offerings extend beyond fasteners to include tools, safety and personal protective equipment, power transmission components, cutting and welding supplies, janitorial and material handling items, and other industrial consumables.

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Institutional Ownership by Quarter for Fastenal (NASDAQ:FAST)

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