Fastenal (FAST) Expected to Announce Quarterly Earnings on Monday

Fastenal (NASDAQ:FAST - Get Free Report) is expected to be announcing its Q2 2025 earnings results before the market opens on Monday, July 14th. Analysts expect the company to announce earnings of $0.28 per share and revenue of $2.07 billion for the quarter.

Fastenal (NASDAQ:FAST - Get Free Report) last announced its quarterly earnings data on Friday, April 11th. The company reported $0.26 earnings per share for the quarter, meeting the consensus estimate of $0.26. The business had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.94 billion. Fastenal had a net margin of 15.13% and a return on equity of 31.99%. Fastenal's revenue was up 3.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.26 earnings per share. On average, analysts expect Fastenal to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Fastenal Trading Up 0.3%

FAST opened at $42.79 on Monday. Fastenal has a twelve month low of $31.02 and a twelve month high of $43.21. The firm has a market cap of $49.09 billion, a PE ratio of 42.58, a price-to-earnings-growth ratio of 3.99 and a beta of 0.96. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.14 and a current ratio of 4.28. The firm's fifty day moving average is $41.23 and its two-hundred day moving average is $38.99.

Fastenal Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 23rd. Stockholders of record on Friday, April 25th were given a dividend of $0.44 per share. This is an increase from Fastenal's previous quarterly dividend of $0.43. The ex-dividend date was Friday, April 25th. This represents a $1.76 annualized dividend and a dividend yield of 4.11%. Fastenal's dividend payout ratio is currently 88.00%.

Analyst Upgrades and Downgrades

FAST has been the subject of several research reports. Morgan Stanley set a $40.00 price objective on shares of Fastenal and gave the stock an "equal weight" rating in a research report on Thursday. William Blair raised shares of Fastenal from a "market perform" rating to an "outperform" rating in a research report on Monday, March 10th. Wolfe Research raised shares of Fastenal from an "underperform" rating to a "peer perform" rating in a research report on Thursday, April 3rd. JPMorgan Chase & Co. raised their target price on shares of Fastenal from $36.00 to $38.00 and gave the company a "neutral" rating in a research report on Tuesday, May 27th. Finally, Stephens reaffirmed an "equal weight" rating on shares of Fastenal in a research report on Thursday. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, Fastenal currently has an average rating of "Hold" and an average target price of $48.80.

Insider Buying and Selling at Fastenal

In other Fastenal news, EVP William Joseph Drazkowski sold 30,000 shares of the firm's stock in a transaction dated Monday, April 14th. The shares were sold at an average price of $40.66, for a total value of $1,219,650.00. Following the transaction, the executive vice president directly owned 11,994 shares of the company's stock, valued at $487,616.07. This trade represents a 71.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Daniel L. Florness sold 100,000 shares of the firm's stock in a transaction dated Thursday, April 24th. The shares were sold at an average price of $41.06, for a total transaction of $4,106,000.00. Following the completion of the transaction, the chief executive officer directly owned 565,036 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. Insiders sold 193,200 shares of company stock valued at $7,895,625 in the last quarter. Company insiders own 0.37% of the company's stock.

Institutional Trading of Fastenal

A hedge fund recently bought a new stake in Fastenal stock. Brighton Jones LLC purchased a new stake in shares of Fastenal Company (NASDAQ:FAST - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 6,899 shares of the company's stock, valued at approximately $496,000. Hedge funds and other 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.

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