Equities Analysts Set Expectations for Fastenal Q2 Earnings

Key Points

• Fastenal's Q2 2026 earnings per share estimate has been raised by Zacks Research from $0.30 to $0.31, with full-year earnings consensus at $2.15 per share.
• JPMorgan Chase & Co. and Robert W. Baird increased their price targets for Fastenal, with Baird setting a target of $47.00, while the average target among analysts is $45.64.
• Fastenal reported a net margin of 15.30% for the last quarter, with a revenue increase of 8.6% year-over-year, amounting to $2.08 billion.

Fastenal Company (NASDAQ:FAST - Free Report) - Analysts at Zacks Research boosted their Q2 2026 earnings per share estimates for Fastenal in a research note issued to investors on Thursday, July 31st. Zacks Research analyst S. Mukherjee now forecasts that the company will post earnings per share of $0.31 for the quarter, up from their prior estimate of $0.30. The consensus estimate for Fastenal's current full-year earnings is $2.15 per share. Zacks Research also issued estimates for Fastenal's Q3 2026 earnings at $0.33 EPS, Q4 2026 earnings at $0.30 EPS and FY2027 earnings at $1.35 EPS.

Fastenal (NASDAQ:FAST - Get Free Report) last released its quarterly earnings results on Monday, July 14th. The company reported $0.29 earnings per share for the quarter, topping analysts' consensus estimates of $0.28 by $0.01. Fastenal had a return on equity of 32.33% and a net margin of 15.30%. The company had revenue of $2.08 billion during the quarter, compared to analysts' expectations of $2.07 billion. During the same quarter in the prior year, the firm posted $0.25 EPS. Fastenal's quarterly revenue was up 8.6% compared to the same quarter last year.

Other research analysts have also issued reports about the company. Morgan Stanley set a $40.00 price objective on Fastenal and gave the stock an "equal weight" rating in a research report on Thursday, July 3rd. Loop Capital reissued a "hold" rating on shares of Fastenal in a report on Tuesday, July 15th. JPMorgan Chase & Co. boosted their price objective on Fastenal from $38.00 to $41.00 and gave the company a "neutral" rating in a research note on Tuesday, July 15th. Stephens lifted their target price on shares of Fastenal from $40.00 to $45.00 and gave the company an "equal weight" rating in a report on Tuesday, July 15th. Finally, Stifel Nicolaus set a $82.00 price target on shares of Fastenal in a report on Thursday, July 3rd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $46.36.

Fastenal Price Performance

Shares of FAST stock traded up $0.41 during trading hours on Monday, reaching $47.19. The company had a trading volume of 3,738,325 shares, compared to its average volume of 6,657,834. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.12 and a current ratio of 4.22. The stock has a fifty day moving average of $43.56 and a 200-day moving average of $40.37. Fastenal has a 12-month low of $32.04 and a 12-month high of $48.10. The company has a market capitalization of $54.16 billion, a price-to-earnings ratio of 45.37, a PEG ratio of 4.14 and a beta of 0.95.

Fastenal Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, August 26th. Shareholders of record on Tuesday, July 29th will be paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Tuesday, July 29th. Fastenal's payout ratio is presently 84.62%.

Insider Buying and Selling

In related news, CFO Sheryl Ann Lisowski sold 21,052 shares of Fastenal stock in a transaction dated Thursday, July 17th. The shares were sold at an average price of $45.21, for a total value of $951,760.92. Following the sale, the chief financial officer directly owned 10,192 shares in the company, valued at $460,780.32. This trade represents a 67.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 transaction of $1,349,046.90. The disclosure for this sale can be found here. Insiders own 0.37% of the company's stock.

Hedge Funds Weigh In On Fastenal

Hedge funds have recently bought and sold shares of the business. Brighton Jones LLC acquired a new position in Fastenal during the fourth quarter worth $496,000. Landscape Capital Management L.L.C. bought a new stake in shares of Fastenal in the 4th quarter valued at $1,095,000. Resona Asset Management Co. Ltd. bought a new position in Fastenal in the 4th quarter valued at about $16,648,000. Quadrant Capital Group LLC lifted its position in shares of Fastenal by 2.8% during the 4th quarter. Quadrant Capital Group LLC now owns 6,859 shares of the company's stock worth $493,000 after buying an additional 184 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd bought a new stake in Fastenal in the fourth quarter worth about $662,000. 81.38% of the stock is owned by institutional investors and hedge funds.

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.