Q2 Earnings Forecast for Fastenal Issued By Zacks Research

Fastenal (NASDAQ:FAST - Free Report) - Research analysts at Zacks Research boosted their Q2 2025 earnings estimates for shares of Fastenal in a research report issued on Thursday, May 1st. Zacks Research analyst S. Mukherjee now anticipates that the company will earn $0.55 per share for the quarter, up from their previous forecast of $0.54. The consensus estimate for Fastenal's current full-year earnings is $2.15 per share. Zacks Research also issued estimates for Fastenal's Q3 2025 earnings at $0.58 EPS, FY2025 earnings at $2.17 EPS, Q1 2026 earnings at $0.57 EPS, Q2 2026 earnings at $0.61 EPS and FY2026 earnings at $2.38 EPS.

Fastenal (NASDAQ:FAST - Get Free Report) last released its quarterly earnings results on Friday, April 11th. The company reported $0.52 earnings per share for the quarter, hitting the consensus estimate of $0.52. Fastenal had a return on equity of 32.55% and a net margin of 15.25%. The business had revenue of $1.96 billion during the quarter, compared to analysts' expectations of $1.94 billion. During the same period last year, the firm posted $0.52 EPS. The firm's revenue for the quarter was up 3.4% compared to the same quarter last year.

Other equities research analysts also recently issued research reports about the company. Robert W. Baird increased their price target on Fastenal from $80.00 to $86.00 and gave the stock a "neutral" rating in a research report on Monday, April 14th. Wolfe Research raised Fastenal from an "underperform" rating to a "peer perform" rating in a report on Thursday, April 3rd. Stifel Nicolaus dropped their price target on Fastenal from $86.00 to $82.00 and set a "hold" rating for the company in a research note on Tuesday, January 21st. Stephens upped their price objective on shares of Fastenal from $75.00 to $80.00 and gave the stock an "equal weight" rating in a research report on Tuesday, April 15th. Finally, William Blair raised shares of Fastenal from a "market perform" rating to an "outperform" rating in a report on Monday, March 10th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $79.10.

Fastenal Stock Performance

FAST stock remained flat at $78.50 during trading hours on Monday. The company's stock had a trading volume of 3,781,265 shares, compared to its average volume of 3,103,614. The firm has a 50 day moving average price of $77.77 and a 200-day moving average price of $77.26. The firm has a market cap of $45.03 billion, a price-to-earnings ratio of 39.05, a P/E/G ratio of 3.58 and a beta of 1.01. Fastenal has a 1 year low of $61.36 and a 1 year high of $84.88. The company has a debt-to-equity ratio of 0.03, a current ratio of 4.67 and a quick ratio of 2.28.

Fastenal shares are set to split before the market opens on Thursday, May 22nd. The 2-1 split was announced on Wednesday, April 23rd. The newly created shares will be distributed to shareholders after the market closes on Wednesday, May 21st.

Fastenal Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Friday, April 25th will be issued a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.24%. This is a boost from Fastenal's previous quarterly dividend of $0.43. The ex-dividend date is Friday, April 25th. Fastenal's dividend payout ratio is presently 87.56%.

Insiders Place Their Bets

In other Fastenal news, EVP William Joseph Drazkowski sold 15,000 shares of the firm's stock in a transaction that occurred on Monday, April 14th. The stock was sold at an average price of $81.31, for a total value of $1,219,650.00. Following the completion of the sale, the executive vice president now owns 5,997 shares of the company's stock, valued at approximately $487,616.07. This trade represents a 71.44 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Daniel L. Florness sold 50,000 shares of the company's stock in a transaction that occurred on Thursday, April 24th. The stock was sold at an average price of $82.12, for a total value of $4,106,000.00. Following the transaction, the chief executive officer now directly owns 282,518 shares in the company, valued at $23,200,378.16. The trade was a 15.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 80,238 shares of company stock worth $6,546,578. 0.37% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Fastenal

Large investors have recently added to or reduced their stakes in the business. Norges Bank purchased a new position in Fastenal during the 4th quarter worth $522,558,000. GAMMA Investing LLC boosted its holdings in Fastenal by 8,541.0% during the first quarter. GAMMA Investing LLC now owns 1,694,235 shares of the company's stock worth $131,388,000 after purchasing an additional 1,674,628 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in Fastenal by 100.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,081,620 shares of the company's stock worth $221,600,000 after purchasing an additional 1,547,319 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Fastenal in the 4th quarter valued at about $101,183,000. Finally, Wellington Management Group LLP lifted its position in shares of Fastenal by 301.9% during the 4th quarter. Wellington Management Group LLP now owns 1,478,233 shares of the company's stock worth $106,300,000 after buying an additional 1,110,445 shares in the last quarter. Institutional investors own 81.38% of the company's stock.

About Fastenal

Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, North America, and internationally. It offers fasteners, and related industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, bolts, nuts, screws, studs, and related washers that are used in manufactured products and construction projects, as well as in the maintenance and repair of machines.