Fastenal (NASDAQ:FAST - Free Report) - Equities research analysts at Zacks Research raised their Q2 2025 earnings per share estimates for shares of Fastenal in a research note issued to investors on Thursday, May 1st. Zacks Research analyst S. Mukherjee now expects that the company will post earnings per share of $0.55 for the quarter, up from their prior estimate 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 earnings results on Friday, April 11th. The company reported $0.52 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.52. The firm had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.94 billion. Fastenal had a net margin of 15.25% and a return on equity of 32.55%. Fastenal's revenue was up 3.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.52 earnings per share.
Other equities research analysts have also issued research reports about the stock. Wolfe Research raised shares of Fastenal from an "underperform" rating to a "peer perform" rating in a research report on Thursday, April 3rd. Stifel Nicolaus lowered their price target on Fastenal from $86.00 to $82.00 and set a "hold" rating for the company in a report on Tuesday, January 21st. William Blair upgraded Fastenal from a "market perform" rating to an "outperform" rating in a research note on Monday, March 10th. Stephens increased their target price on Fastenal from $75.00 to $80.00 and gave the company an "equal weight" rating in a research note on Tuesday, April 15th. Finally, Robert W. Baird boosted 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. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat.com, Fastenal currently has a consensus rating of "Hold" and an average target price of $79.10.
Get Our Latest Stock Analysis on Fastenal
Fastenal Trading Down 1.1 %
Shares of NASDAQ FAST traded down $0.86 during trading on Monday, hitting $78.43. 396,369 shares of the company traded hands, compared to its average volume of 3,083,686. The company has a quick ratio of 2.28, a current ratio of 4.67 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $44.99 billion, a P/E ratio of 39.02, a P/E/G ratio of 3.58 and a beta of 1.01. The company has a 50-day moving average price of $77.92 and a 200-day moving average price of $77.28. Fastenal has a 1 year low of $61.36 and a 1 year high of $84.88.
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.
Hedge Funds Weigh In On Fastenal
Large investors have recently bought and sold shares of the business. Horizon Financial Services LLC grew its stake in Fastenal by 5,330.0% during the 1st quarter. Horizon Financial Services LLC now owns 543 shares of the company's stock worth $42,000 after buying an additional 533 shares during the last quarter. Itau Unibanco Holding S.A. grew its position in Fastenal by 481.9% in the 4th quarter. Itau Unibanco Holding S.A. now owns 611 shares of the company's stock worth $44,000 after purchasing an additional 506 shares during the last quarter. OFI Invest Asset Management acquired a new stake in shares of Fastenal in the fourth quarter valued at approximately $46,000. Whipplewood Advisors LLC bought a new stake in shares of Fastenal during the fourth quarter valued at approximately $49,000. Finally, SBI Securities Co. Ltd. bought a new position in Fastenal in the 4th quarter worth approximately $49,000. Institutional investors own 81.38% of the company's stock.
Insider Buying and Selling
In other news, Director Scott Satterlee sold 9,670 shares of the business's stock in a transaction that occurred on Tuesday, May 6th. The stock was sold at an average price of $79.51, for a total value of $768,861.70. Following the completion of the sale, the director now directly owns 25,000 shares in the company, valued at approximately $1,987,750. The trade was a 27.89 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 shares were sold at an average price of $82.12, for a total value of $4,106,000.00. Following the sale, the chief executive officer now directly owns 282,518 shares in the company, valued at approximately $23,200,378.16. This represents a 15.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 80,238 shares of company stock worth $6,546,578. Corporate insiders own 0.37% of the company's stock.
Fastenal Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Friday, April 25th will be given a dividend of $0.44 per share. This is a boost from Fastenal's previous quarterly dividend of $0.43. The ex-dividend date of this dividend is Friday, April 25th. This represents a $1.76 annualized dividend and a dividend yield of 2.24%. Fastenal's dividend payout ratio (DPR) is presently 87.56%.
About Fastenal
(
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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.
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