Fastenal (FAST) Expected to Announce Quarterly Earnings on Monday

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

Fastenal (NASDAQ:FAST - Get Free Report) last released 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. Fastenal had a return on equity of 31.99% and a net margin of 15.13%. The business had revenue of $1.96 billion for the quarter, compared to analysts' expectations of $1.94 billion. During the same quarter in the previous year, the business posted $0.26 EPS. Fastenal's revenue for the quarter was up 3.4% on a year-over-year basis. On average, analysts expect Fastenal to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Fastenal Stock Up 0.9%

Shares of NASDAQ:FAST traded up $0.37 during trading on Tuesday, hitting $42.84. 6,533,832 shares of the company's stock traded hands, compared to its average volume of 6,037,143. Fastenal has a 52 week low of $31.02 and a 52 week high of $43.27. The company has a current ratio of 4.28, a quick ratio of 2.14 and a debt-to-equity ratio of 0.03. The company has a market cap of $49.15 billion, a price-to-earnings ratio of 42.63, a price-to-earnings-growth ratio of 3.99 and a beta of 0.96. The company has a 50-day moving average price of $41.28 and a 200-day moving average price of $39.02.

Fastenal Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 23rd. Shareholders of record on Friday, April 25th were paid a $0.44 dividend. This is a boost from Fastenal's previous quarterly dividend of $0.43. The ex-dividend date of this dividend was Friday, April 25th. This represents a $1.76 annualized dividend and a yield of 4.11%. Fastenal's payout ratio is presently 88.00%.

Insiders Place Their Bets

In other Fastenal news, EVP John Lewis Soderberg sold 32,724 shares of the firm's stock in a transaction dated Friday, May 16th. The shares were sold at an average price of $41.23, for a total value of $1,349,046.90. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 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. Over the last ninety days, insiders have sold 193,200 shares of company stock worth $7,895,625. 0.37% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Fastenal

An institutional investor recently raised its position in Fastenal stock. Integrated Wealth Concepts LLC raised its position in Fastenal Company (NASDAQ:FAST - Free Report) by 2.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,276 shares of the company's stock after buying an additional 147 shares during the quarter. Integrated Wealth Concepts LLC's holdings in Fastenal were worth $487,000 at the end of the most recent quarter. Institutional investors and hedge funds own 81.38% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. William Blair upgraded Fastenal from a "market perform" rating to an "outperform" rating in a research note on Monday, March 10th. Robert W. Baird set a $86.00 target price on shares of Fastenal in a research note on Thursday, July 3rd. JPMorgan Chase & Co. raised their target price on shares of Fastenal from $36.00 to $38.00 and gave the stock a "neutral" rating in a research note on Tuesday, May 27th. Morgan Stanley set a $40.00 target price on shares of Fastenal and gave the stock an "equal weight" rating in a research note on Thursday, July 3rd. Finally, Stifel Nicolaus set a $82.00 target price on shares of Fastenal in a research note on Thursday, July 3rd. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, Fastenal presently has an average rating of "Hold" and a consensus price target of $48.45.

Fastenal Company Profile

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.