Fastenal (FAST) Set to Post Earnings on Wednesday

Key Points

• Fastenal is expected to report Q3 2026 results before the market opens on October 14. Analysts forecast earnings of $0.3379 per share on $2.4369 billion in revenue.
• The company’s prior-quarter revenue rose 14.7% year over year to $2.39 billion, while EPS of $0.33 matched consensus estimates.
• Fastenal raised its quarterly dividend to $0.26, or $1.04 annualized, representing a 2.0% yield; however, analysts maintain an overall “Hold” rating with an average price target of $49.50.

Fastenal (NASDAQ:FAST - Get Free Report) is expected to announce its Q3 2026 results before the market opens on Wednesday, October 14th. Analysts expect Fastenal to post earnings of $0.3379 per share and revenue of $2.4369 billion for the quarter. Parties may visit the the company's upcoming Q3 2026 earning results page for the latest details on the call scheduled for Wednesday, October 14, 2026 at 10:00 AM ET.

Fastenal (NASDAQ:FAST - Get Free Report) last issued its quarterly earnings results on Tuesday, July 14th. The company reported $0.33 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.33. The business had revenue of $2.39 billion for the quarter, compared to analyst estimates of $2.34 billion. Fastenal had a return on equity of 34.03% and a net margin of 15.45%.The firm's revenue for the quarter was up 14.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.29 earnings per share. On average, analysts expect Fastenal to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Fastenal Price Performance

Fastenal stock opened at $50.81 on Wednesday. The business's 50-day simple moving average is $50.05 and its 200 day simple moving average is $47.19. The company has a quick ratio of 2.21, a current ratio of 4.18 and a debt-to-equity ratio of 0.01. The stock has a market cap of $58.30 billion, a price-to-earnings ratio of 43.06, a P/E/G ratio of 3.15 and a beta of 0.69. Fastenal has a 12-month low of $38.97 and a 12-month high of $52.92.

Fastenal Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, August 25th. Investors of record on Tuesday, July 28th were issued a $0.26 dividend. This is an increase from Fastenal's previous quarterly dividend of $0.24. This represents a $1.04 annualized dividend and a yield of 2.0%. The ex-dividend date was Tuesday, July 28th. Fastenal's dividend payout ratio (DPR) is currently 88.14%.

Insiders Place Their Bets

In related news, Director Michael J. Ancius sold 3,000 shares of the firm's stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $49.00, for a total transaction of $147,000.00. Following the sale, the director owned 58,690 shares of the company's stock, valued at approximately $2,875,810. This trade represents a 4.86% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Rita Heise sold 34,964 shares of Fastenal stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $50.05, for a total value of $1,749,948.20. Following the transaction, the director owned 20,000 shares in the company, valued at approximately $1,001,000. This represents a 63.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.28% of the company's stock.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Wolfe Research assumed coverage on shares of Fastenal in a report on Tuesday, September 15th. They set an "underperform" rating and a $51.00 target price for the company. Weiss Ratings cut Fastenal from a "buy (b)" rating to a "buy (b-)" rating in a research note on Friday, September 11th. Robert W. Baird set a $54.00 price objective on Fastenal in a report on Friday, August 7th. William Blair reissued an "outperform" rating on shares of Fastenal in a research note on Friday, September 4th. Finally, DA Davidson restated a "neutral" rating and set a $46.00 target price on shares of Fastenal in a report on Wednesday, July 15th. Six analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, Fastenal presently has an average rating of "Hold" and an average price target of $49.50.

Fastenal Company Profile

Fastenal Company is a distributor of industrial and construction supplies serving businesses, contractors, manufacturers and other organizations. Its product offerings include fasteners such as bolts, nuts and screws, as well as safety equipment, tools, cutting tools, material-handling products, electrical and plumbing supplies, and maintenance and repair items.

The company sells products through a network of branch locations, onsite customer facilities, industrial vending machines and digital platforms.

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