Healthcare of Ontario Pension Plan Trust Fund Has $29.71 Million Holdings in Fastenal Company $FAST

Posted by Stanley Muller on Jul 27th, 2026

Healthcare of Ontario Pension Plan Trust Fund cut its position in shares of Fastenal Company (NASDAQ:FAST – Free Report) by 3.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 640,278 shares of the company’s stock after selling 23,680 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Fastenal were worth $29,709,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in FAST. Wiregrass Investment Management LLC bought a new position in shares of Fastenal during the 4th quarter valued at $1,020,000. 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 worth $59,874,000 after purchasing an additional 39,406 shares in the last quarter. LBP AM SA boosted its holdings in Fastenal by 11.8% in the fourth quarter. LBP AM SA now owns 232,847 shares of the company’s stock worth $9,344,000 after purchasing an additional 24,536 shares in the last quarter. Fideuram Asset Management Ireland dac acquired a new position in Fastenal during the fourth quarter worth $4,041,000. Finally, National Pension Service increased its position in Fastenal by 2.9% during the fourth quarter. National Pension Service now owns 1,603,839 shares of the company’s stock worth $64,362,000 after buying an additional 45,260 shares during the last quarter. 81.38% of the stock is currently owned by institutional investors and hedge funds.

Fastenal Stock Performance

Fastenal stock opened at $47.02 on Monday. Fastenal Company has a 52 week low of $38.97 and a 52 week high of $50.63. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.21 and a current ratio of 4.18. The firm has a market capitalization of $53.96 billion, a PE ratio of 39.85, a PEG ratio of 2.94 and a beta of 0.72. The business’s 50-day simple moving average is $45.92 and its 200-day simple moving average is $45.38.

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, meeting the consensus estimate of $0.33. The company had revenue of $2.39 billion during the quarter, compared to analysts’ expectations of $2.34 billion. Fastenal had a return on equity of 34.03% and a net margin of 15.45%.Fastenal’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.29 earnings per share. Equities research analysts forecast that Fastenal Company will post 1.25 earnings per share for the current year.

Fastenal Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, August 25th. Shareholders of record on Tuesday, July 28th will be issued a $0.26 dividend. This is a boost from Fastenal’s previous quarterly dividend of $0.24. The ex-dividend date of this dividend is Tuesday, July 28th. This represents a $1.04 dividend on an annualized basis and a yield of 2.2%. Fastenal’s payout ratio is currently 81.36%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Rothschild & Co Redburn set a $55.00 price target on Fastenal and gave the stock a “buy” rating in a research report on Monday, July 13th. Morgan Stanley increased their price objective on Fastenal from $48.00 to $52.00 and gave the company an “equal weight” rating in a report on Thursday, July 16th. Sanford C. Bernstein reissued an “underperform” rating on shares of Fastenal in a research note on Wednesday, July 15th. JPMorgan Chase & Co. boosted their target price on Fastenal from $46.00 to $47.00 and gave the stock a “neutral” rating in a report on Thursday, April 9th. Finally, DA Davidson reaffirmed a “neutral” rating and set a $46.00 target price on shares of Fastenal in a research report on Wednesday, July 15th. Five equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Fastenal presently has an average rating of “Hold” and a consensus price target of $48.83.

Check Out Our Latest Stock Report on FAST

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.