Fastenal Company Company Profile (NASDAQ:FAST)

About Fastenal Company

Fastenal Company logoFastenal Company is engaged in wholesale distribution of industrial and construction supplies. The Company distributes these supplies through a network of approximately 2,600 Company-owned stores. The Company sells industrial and construction supplies to end users (business-to-business), and also has a walk-in retail business. The Company operates approximately 10 distribution centers in North America. The Company's original product offerings were fasteners and other industrial and construction supplies, many of which are sold under the Fastenal product name. The Company's product line consists of approximately two categories, including threaded fasteners, such as bolts, nuts, screws, studs and related washers, and miscellaneous supplies and hardware, such as various pins and machinery keys, concrete anchors, metal framing systems, wire rope, strut, rivets and related accessories. Its customers are in the manufacturing and non-residential construction markets.

Industry, Sector and Symbol:
  • Sector: Retail/Wholesale
  • Industry: Industrial Equipment Wholesale
  • Sub-Industry: Trading Companies & Distributors
  • Exchange: NASDAQ
  • Symbol: FAST
  • CUSIP: 31190010
Key Metrics:
  • Previous Close: $50.71
  • 50 Day Moving Average: $49.27
  • 200 Day Moving Average: $44.66
  • 52-Week Range: $37.70 - $51.56
  • Trailing P/E Ratio: 29.33
  • Foreward P/E Ratio: 25.10
  • P/E Growth: 2.35
  • Market Cap: $14.67B
  • Outstanding Shares: 289,247,000
  • Beta: 1.02
Profitability:
  • Net Margins: 12.61%
  • Return on Equity: 26.52%
  • Return on Assets: 18.60%
Debt:
  • Debt-to-Equity Ratio: 0.20%
  • Current Ratio: 6.24%
  • Quick Ratio: 2.64%
Additional Links:
Companies Related to Fastenal Company:

Analyst Ratings

Consensus Ratings for Fastenal Company (NASDAQ:FAST) (?)
Ratings Breakdown: 1 Sell Rating, 10 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.14)
Consensus Price Target: $48.81 (3.75% downside)

Analysts' Ratings History for Fastenal Company (NASDAQ:FAST)
Show:
DateFirmActionRatingPrice TargetDetails
1/19/2017Credit Suisse GroupBoost Price TargetNeutral$41.00 -> $49.00View Rating Details
1/19/2017Stifel NicolausBoost Price TargetHold$44.00 -> $50.00View Rating Details
1/12/2017Avondale PartnersUpgradeMarket Perform -> Outperform$51.00 -> $54.00View Rating Details
1/5/2017KeyCorpUpgradeSector Weight -> Overweight$53.00View Rating Details
12/5/2016William BlairUpgradeMarket Perform -> OutperformView Rating Details
11/7/2016BMO Capital MarketsReiterated RatingHold$45.00View Rating Details
10/14/2016ArgusDowngradeBuy -> HoldView Rating Details
10/13/2016Robert W. BairdReiterated RatingNeutral$45.00View Rating Details
9/4/2016Wells Fargo & CompanyReiterated RatingHoldView Rating Details
8/25/2016MacquarieInitiated CoverageNeutral$50.00View Rating Details
7/7/2016Morgan StanleyInitiated CoverageEqual -> Equal Weight$46.00View Rating Details
4/8/2016Barclays PLCBoost Price TargetUnderweight$29.00 -> $38.00View Rating Details
4/1/2016Deutsche Bank AGDowngradeBuy -> Hold$55.00 -> $48.68View Rating Details
3/21/2016Sterne Agee CRTInitiated CoverageNeutral$50.00View Rating Details
10/19/2015Susquehanna Bancshares IncLower Price TargetNeutral$37.00View Rating Details
4/7/2015Northcoast ResearchDowngradeBuy -> NeutralView Rating Details
4/7/2015Cleveland ResearchDowngradeBuy -> NeutralView Rating Details
3/5/2015Raymond James Financial, Inc.DowngradeMarket PerformView Rating Details
(Data available from 2/20/2015 forward)

Earnings

Earnings History for Fastenal Company (NASDAQ:FAST)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/12/2017        
1/18/2017Q416$0.38$0.40$951.83 million$947.95 millionViewN/AView Earnings Details
10/11/2016Q316$0.45$0.44$1.01 billionViewN/AView Earnings Details
7/12/2016Q216$0.48$0.45$1.01 billionViewListenView Earnings Details
4/12/2016Q116$0.45$0.44$986.70 millionViewListenView Earnings Details
1/15/2016Q415$0.40$0.39$922.56 million$922.80 millionViewListenView Earnings Details
10/13/2015Q315$0.47$0.47$1.01 billion$995.30 millionViewListenView Earnings Details
7/14/2015Q215$0.47$0.48$1.01 billion$997.83 millionViewListenView Earnings Details
4/14/2015Q115$0.42$0.43$967.03 million$953.30 millionViewN/AView Earnings Details
1/15/2015Q414$0.39$0.40$935.80 million$926.30 millionViewN/AView Earnings Details
10/10/2014Q314$0.45$0.45$980.80 millionViewN/AView Earnings Details
7/11/2014Q214$0.44$0.44$952.95 million$949.94 millionViewN/AView Earnings Details
4/11/2014Q114$0.38$0.38$869.99 million$876.50 millionViewN/AView Earnings Details
1/15/2014Q413$0.35$0.33$816.23 million$813.76 millionViewN/AView Earnings Details
10/9/2013Q313$0.41$0.40$864.00 million$858.42 millionViewN/AView Earnings Details
7/10/2013Q2 2013$0.41$0.41$857.13 million$847.60 millionViewN/AView Earnings Details
4/10/2013Q1 2013$0.37$0.37$815.10 million$806.33 millionViewN/AView Earnings Details
1/17/2013Q4 2012$0.33$0.33$759.66 million$757.24 millionViewN/AView Earnings Details
10/11/2012Q312$0.37$0.37$804.90 million$802.58 millionViewN/AView Earnings Details
7/12/2012$0.37$0.38ViewN/AView Earnings Details
4/12/2012$0.34$0.34ViewN/AView Earnings Details
1/18/2012$0.30$0.30ViewN/AView Earnings Details
7/12/2011$0.31$0.32ViewN/AView Earnings Details
4/12/2011$0.52$0.54ViewN/AView Earnings Details
1/18/2011$0.45$0.44ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Fastenal Company (NASDAQ:FAST)
Current Year EPS Consensus Estimate: $1.84 EPS
Next Year EPS Consensus Estimate: $2.02 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20167$0.43$0.45$0.44
Q2 20164$0.47$0.49$0.48
Q3 20164$0.44$0.46$0.45
Q4 20164$0.37$0.40$0.38
Q1 20173$0.44$0.46$0.45
Q2 20173$0.48$0.49$0.49
Q3 20173$0.47$0.47$0.47
Q4 20173$0.38$0.43$0.41
Q1 20181$0.48$0.48$0.48
Q2 20181$0.53$0.53$0.53
Q3 20181$0.52$0.52$0.52
Q4 20181$0.45$0.45$0.45
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Fastenal Company (NASDAQ:FAST)
Annual Dividend:$1.28
Dividend Yield:2.52%
Dividend Growth:14.50% (3 Year Average)
Payout Ratio:73.99% (Based on Trailing 12 Months of Earnings)
69.57% (Based on Current Year Consensus EPS Estimate)
63.37% (Based on Next Year Consensus EPS Estimate)
Track Record:6 Years of Consecutive Dividend Growth

Dividend History for Fastenal Company (NASDAQ:FAST)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/17/2017quarterly$0.322.51%1/30/20172/1/20172/28/2017
10/10/2016quarterly$0.303%10/21/201610/25/201611/22/2016
7/11/2016quarterly$0.302.74%7/22/20167/26/20168/23/2016
4/11/2016quarterly$0.302.65%4/22/20164/26/20165/24/2016
1/14/2016quarterly$0.302.97%1/27/20161/29/20162/26/2016
10/12/2015quarterly$0.282.96%10/23/201510/27/201511/24/2015
7/13/2015quarterly$0.282.72%7/24/20157/28/20158/25/2015
4/13/2015quarterly$0.282.68%4/24/20154/28/20155/26/2015
1/14/2015quarterly$0.282.55%1/28/20151/30/20152/27/2015
10/9/2014quarterly$0.252.35%10/22/201410/24/201411/21/2014
7/10/2014quarterly$0.252.17%7/23/20147/25/20148/22/2014
4/10/2014quarterly$0.252.01%4/23/20144/25/20145/23/2014
1/14/2014quarterly$0.252.17%1/29/20141/31/20142/28/2014
10/8/2013quarterly$0.252.13%10/23/201310/25/201311/22/2013
7/9/2013quarterly$0.252.18%7/24/20137/26/20138/23/2013
4/10/2013quarterly$0.201.64%4/30/20135/2/20135/30/2013
1/16/2013quarterly$0.100.85%1/30/20132/1/20133/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Fastenal Company (NASDAQ:FAST)
Insider Ownership Percentage: 0.78%
Institutional Ownership Percentage: 78.11%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/12/2016Reyne K WisecupInsiderSell50,000$48.98$2,449,000.00View SEC Filing  
11/30/2016Leland J HeinEVPSell2,000$47.40$94,800.00View SEC Filing  
11/23/2016Leland J HeinEVPSell1,000$46.15$46,150.00View SEC Filing  
10/13/2016Michael J. AnciusDirectorBuy700$38.82$27,174.00View SEC Filing  
9/9/2016Michael J. AnciusDirectorBuy600$41.00$24,600.00View SEC Filing  
3/2/2016Sheryl Ann LisowskiCFOSell5,000$46.69$233,450.00View SEC Filing  
2/26/2016Daniel L FlornessCEOSell80,000$45.17$3,613,600.00View SEC Filing  
2/18/2016Sheryl Ann LisowskiCFOSell5,000$44.96$224,800.00View SEC Filing  
2/16/2016Terry Modock OwenEVPSell10,000$43.59$435,900.00View SEC Filing  
2/9/2016Sheryl Ann LisowskiCFOSell10,000$43.39$433,900.00View SEC Filing  
2/8/2016James C. JansenEVPSell12,500$44.00$550,000.00View SEC Filing  
2/5/2016Daniel L. FlornessCEOSell60,000$43.17$2,590,200.00View SEC Filing  
2/4/2016John Lewis SoderbergEVPSell35,000$43.11$1,508,850.00View SEC Filing  
12/3/2015Leland J. HeinCOOSell100,000$40.31$4,031,000.00View SEC Filing  
11/6/2015Gary A. PolipnickEVPSell2,000$40.84$81,680.00View SEC Filing  
11/4/2015Kenneth R. NanceEVPSell20,000$40.53$810,600.00View SEC Filing  
11/2/2015James C. JansenEVPSell12,500$39.50$493,750.00View SEC Filing  
10/16/2015Kenneth R. NanceEVPSell10,000$37.23$372,300.00View SEC Filing  
8/24/2015Kenneth R. NanceEVPSell15,000$37.45$561,750.00View SEC Filing  
8/12/2015Nicholas J LundquistInsiderBuy1,000$39.73$39,730.00View SEC Filing  
7/24/2015Gary A PolipnickEVPBuy2,500$40.03$100,075.00View SEC Filing  
4/27/2015Steven A RucinskiEVPSell25,000$42.50$1,062,500.00View SEC Filing  
3/11/2015Rita J HeiseDirectorBuy3,000$40.83$122,490.00View SEC Filing  
7/23/2014Gary A PolipnickEVPBuy2,500$44.55$111,375.00View SEC Filing  
7/15/2014Willard D ObertonCEOBuy2,000$45.14$90,280.00View SEC Filing  
6/5/2014Robert A KierlinDirectorSell60,000$49.17$2,950,200.00View SEC Filing  
6/4/2014James C JansenEVPSell10,000$49.41$494,100.00View SEC Filing  
5/7/2014Robert KierlinDirectorSell30,000$48.65$1,459,500.00View SEC Filing  
4/23/2014Robert KierlinDirectorSell70,000$49.77$3,483,900.00View SEC Filing  
1/30/2014Rita HeiseDirectorBuy1,000$44.27$44,270.00View SEC Filing  
1/27/2014Nicholas LundquistInsiderBuy4,000$44.79$179,160.00View SEC Filing  
1/17/2014Leland HeinPresidentBuy4,300$47.38$203,734.00View SEC Filing  
11/8/2013Kenneth NanceEVPBuy1,500$46.55$69,825.00View SEC Filing  
11/8/2013Nicholas LundquistInsiderBuy3,000$46.78$140,340.00View SEC Filing  
11/5/2013Robert KierlinDirectorSell200,000$49.16$9,832,000.00View SEC Filing  
10/11/2013Robert KierlinDirectorSell100,000$47.77$4,777,000.00View SEC Filing  
9/4/2013Gary A PolipnickEVPBuy2,216$45.67$101,204.72View SEC Filing  
8/28/2013Kenneth NanceEVPBuy1,000$44.26$44,260.00View SEC Filing  
7/31/2013Steven A RucinskiEVPSell12,500$49.00$612,500.00View SEC Filing  
6/11/2013Rita J HeiseDirectorBuy1,000$48.37$48,370.00View SEC Filing  
2/19/2013Darren R JacksonDirectorBuy10,000$52.87$528,700.00View SEC Filing  
2/11/2013Scott SatterleeDirectorBuy2,000$50.91$101,820.00View SEC Filing  
12/5/2012Daniel L FlornessCFOBuy2,645$41.50$109,767.50View SEC Filing  
11/26/2012Gary A PolipnickEVPBuy1,000$40.50$40,500.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Fastenal Company (NASDAQ:FAST)
DateHeadline
News IconIs Fastenal Company (FAST) a good choice for dividend investors? (NASDAQ:FAST)
simplywall.st - February 19 at 4:40 PM
News IconEquity Perception: Analyst's Indicator Review for Fastenal Company (FAST), Norwegian Cruise Line Holdings Ltd ... - The USA Commerce (NASDAQ:FAST)
www.theusacommerce.com - February 17 at 3:42 PM
News IconDividend Growth of Fastenal Company(FAST) - Highland Mirror (NASDAQ:FAST)
www.highlandmirror.com - February 17 at 3:42 PM
News IconRevenue Approximations Analysis: Fastenal Company (FAST), FedEx Corporation (FDX) - StockNewsJournal (NASDAQ:FAST)
stocknewsjournal.com - February 17 at 3:42 PM
gurufocus.com logoDavid Rolfe Invests in Tractor Supply, Fastenal - GuruFocus.com (NASDAQ:FAST)
www.gurufocus.com - February 17 at 3:42 PM
finance.yahoo.com logoDavid Rolfe Invests in Tractor Supply, Fastenal (NASDAQ:FAST)
finance.yahoo.com - February 17 at 3:42 PM
News IconSoutheast receives 10 tons of high-quality metal (NASDAQ:FAST)
www.winonadailynews.com - February 17 at 9:18 AM
live-pr.com logoFastenal Company - Strategy, SWOT and Corporate Finance Report - New Market Report (NASDAQ:FAST)
www.live-pr.com - February 17 at 9:18 AM
News IconThe FASTENAL COMPANY would like to invite ambitious, hard-working individuals to apply for PART-TIME SALES SUPPORT. (NASDAQ:FAST)
www.dailytrib.com - February 16 at 5:06 PM
News IconMachines and tools from Rockford Products on the auction block (NASDAQ:FAST)
www.wifr.com - February 14 at 11:09 PM
News IconFastenal Company (NASDAQ:FAST) Price Target At $48.875 - Transcript Daily (NASDAQ:FAST)
transcriptdaily.com - February 14 at 6:09 PM
gurufocus.com logoDavid Rolfe Buys Tractor Supply Co, Fastenal Co, Sells Stericycle, Cognizant Technology Solutions, Express Scripts ... - GuruFocus.com (NASDAQ:FAST)
www.gurufocus.com - February 14 at 6:09 PM
News IconFastenal Company (NASDAQ:FAST) Quarterly EPS At $0.51 - Stock Observer (NASDAQ:FAST)
www.thestockobserver.com - February 13 at 5:58 PM
News IconAnalyst's Predictions on Republic Services, Inc. (RSG), Fastenal Company (FAST) - StockNewsJournal (NASDAQ:FAST)
stocknewsjournal.com - February 13 at 5:58 PM
News IconPrice Target Of Fastenal Company (NASDAQ:FAST)At $48.875 ... - Transcript Daily (NASDAQ:FAST)
transcriptdaily.com - February 10 at 5:39 PM
News IconFastenal Company (NASDAQ:FAST) Bearish Target At $56 - Stock Observer (NASDAQ:FAST)
www.thestockobserver.com - February 10 at 5:39 PM
News IconLoudon Investment Management Boosts Position by $5346107 in Fastenal Company (FAST) - Highland Mirror (NASDAQ:FAST)
www.highlandmirror.com - February 10 at 5:39 PM
News IconForward Earnings Estimate of Fastenal Company(FAST) - Highland Mirror (NASDAQ:FAST)
www.highlandmirror.com - February 10 at 5:39 PM
finance.yahoo.com logoFASTENAL CO Financials (NASDAQ:FAST)
finance.yahoo.com - February 9 at 5:46 PM
News IconChecking Out the Technicals for Fastenal Company (FAST) - The USA Commerce (NASDAQ:FAST)
theusacommerce.com - February 8 at 5:38 PM
seekingalpha.com logoFastenal Has Run Up Fast - Seeking Alpha (NASDAQ:FAST)
seekingalpha.com - February 8 at 5:38 PM
biz.yahoo.com logoFASTENAL CO Files SEC form 10-K, Annual Report (NASDAQ:FAST)
biz.yahoo.com - February 8 at 5:38 PM
News IconMDM Special Report: The Industrial Vending Boom (NASDAQ:FAST)
www.mdm.com - February 7 at 11:22 PM
seekingalpha.com logoTop Dividend Raises & Cuts For January 2017 (NASDAQ:FAST)
seekingalpha.com - February 7 at 6:21 PM
News IconFastenal January Sales Increase 9% (NASDAQ:FAST)
www.mdm.com - February 6 at 5:12 PM
marketwatch.com logo10-K: FASTENAL CO (NASDAQ:FAST)
www.marketwatch.com - February 6 at 5:12 PM
seekingalpha.com logoFastenal reports figures for January (NASDAQ:FAST)
seekingalpha.com - February 6 at 10:52 AM
News IconDichtomatik Americas Wins Supplier Award from Fastenal (NASDAQ:FAST)
www.pr.com - February 4 at 3:35 AM
News IconFastenal Company (NASDAQ:FAST) from Industrial Equipment Wholesale – Todays Top Gains (NASDAQ:FAST)
twincountynews.com - February 3 at 10:32 PM
News IconLarge Buying Action and Inflow of Money Witnessed in Fastenal Company - Highland Mirror (NASDAQ:FAST)
www.highlandmirror.com - February 1 at 10:43 PM
News IconTop Gainers of the Day: Fastenal Company (NASDAQ:FAST) from Industrial Equipment Wholesale (NASDAQ:FAST)
twincountynews.com - January 31 at 5:50 PM
News IconIndustrial Equipment Wholesale: Fastenal Company (NASDAQ:FAST) Position of the day (NASDAQ:FAST)
twincountynews.com - January 29 at 10:12 PM
4-traders.com logoFASTENAL COMPANY : ex-dividend day (NASDAQ:FAST)
www.4-traders.com - January 29 at 10:12 PM
News IconFastenal Company (NASDAQ:FAST) Price Target Set At $48.625 - Transcript Daily (NASDAQ:FAST)
transcriptdaily.com - January 29 at 5:11 PM
News IconLooking at Moving Averages for Fastenal Company (FAST) - Springdale Times (NASDAQ:FAST)
springdaletimes.com - January 29 at 5:11 PM
4-traders.com logoThe Fastenal Company (Fast) Position Increased by Westpac Banking Corp (NASDAQ:FAST)
www.4-traders.com - January 28 at 5:18 PM
News IconIs Fastenal Company (NASDAQ:FAST), a large market cap stock a smart buy? (NASDAQ:FAST)
twincountynews.com - January 27 at 6:52 PM
nasdaq.com logoFastenal Company (FAST) Ex-Dividend Date Scheduled for January 30, (NASDAQ:FAST)
www.nasdaq.com - January 27 at 6:52 PM
nasdaq.com logoMidwest Investment Management Llc Buys Visa Inc, DaVita Inc, Apple Inc, Sells Fastenal Co, ... (NASDAQ:FAST)
www.nasdaq.com - January 26 at 11:37 PM
News IconAnalysts Take Aim At This Stock's Earnings Estimates: Fastenal Company (NASDAQ:FAST) - Aiken Advocate (NASDAQ:FAST)
aikenadvocate.com - January 26 at 6:34 PM
News IconLooking at the Tea Leaves for Fastenal Company (FAST) - The USA Commerce (NASDAQ:FAST)
theusacommerce.com - January 26 at 6:34 PM
forbes.com logoSeagate Technology Becomes #4 Most Shorted Nasdaq 100 Component, Replacing Fastenal (NASDAQ:FAST)
www.forbes.com - January 26 at 3:26 PM
forbes.com logoEx-Dividend Reminder: Hasbro, Fastenal and Casey's General Stores (NASDAQ:FAST)
www.forbes.com - January 26 at 10:27 AM
News IconActive stocks of Tech sector: Allegheny Technologies Incorporated (NYSE:ATI) , Fastenal Company (NASDAQ:FAST)
istreetresearch.com - January 26 at 4:31 AM
News IconFastenal's Vending Growth Misses Goal (NASDAQ:FAST)
www.mdm.com - January 25 at 6:29 PM
4-traders.com logoFastenal Company : Post Earnings Coverage as Fastenal's Earnings Surpassed Market Expectations (NASDAQ:FAST)
www.4-traders.com - January 24 at 5:46 PM
finance.yahoo.com logoPost Earnings Coverage as Fastenal's Earnings Surpassed Market Expectations (NASDAQ:FAST)
finance.yahoo.com - January 24 at 5:46 PM
finance.yahoo.com logoManning & Napier Purchases Shares of Fastenal (NASDAQ:FAST)
finance.yahoo.com - January 24 at 5:46 PM
News IconStocks on the Move: The Kraft Heinz Company (NASDAQ:KHC ... - The Newburgh Press (NASDAQ:FAST)
newburghpress.com - January 24 at 3:31 AM
investorplace.com logo6 Dividend Growth Stocks Raising Dividends Like Clockwork (NASDAQ:FAST)
investorplace.com - January 23 at 10:41 AM

Social

What is Fastenal Company's stock symbol?

Fastenal Company trades on the NASDAQ under the ticker symbol "FAST."

How often does Fastenal Company pay dividends? What is the dividend yield for Fastenal Company?

Fastenal Company declared a quarterly dividend on Tuesday, January 17th. Stockholders of record on Wednesday, February 1st will be paid a dividend of $0.32 per share on Tuesday, February 28th. This represents a $1.28 annualized dividend and a dividend yield of 2.52%. The ex-dividend date of this dividend is Monday, January 30th. This is a positive change from Fastenal Company's previous quarterly dividend of $0.30.

Where is Fastenal Company's stock going? Where will Fastenal Company's stock price be in 2017?

14 brokers have issued 12 month price targets for Fastenal Company's shares. Their forecasts range from $38.00 to $57.00. On average, they expect Fastenal Company's stock price to reach $48.81 in the next twelve months.

When will Fastenal Company announce their earnings?

Fastenal Company is scheduled to release their next quarterly earnings announcement on Wednesday, April, 12th 2017.

What are analysts saying about Fastenal Company stock?

Here are some recent quotes from research analysts about Fastenal Company stock:

  • Credit Suisse Group analysts commented, "FAST put up a good operational Q4 beat and exceeded GM expectations which were helped by cost initiatives. However, Q4 felt fairly similar to Q3 from a demand perspective - in fact, December ADS was even shy of expectations (and so were Oct-Nov). There were areas of improvement, particularly with oil/processing customers, yet core industrial customers were largely unchanged. FAST traded up 6% on just a modest $0.02 beat which continues to reflect how the market is discounting current trends in favor of distributors' early/short cycle leverage in out years. The play here is less about fundamental EPS upside and more so where the multiple goes, in our view. In fact, our EPS est's are only increasing 2.8% and 4.7% for 2017 and 2018, respectively. Expectations are soaring, and sooner or later FAST's ADS will need to accelerate to justify its multiple. At current levels, we don't see a favorable enough risk/reward, keeping us sidelined. Our $49 TP (from $41) assumes 27x our 2018 EPS of $2.00, discounted back, and we reiterate our Neutral rating. We are raising 2017 and 2017 EPS estimates to $1.83 and $2 (from $1.78 and $1.91)." (1/19/2017)
  • According to Zacks Investment Research, "Fastenal performance of the industrial fastener business has worsened, with daily sales growth rate of industrial fasteners slipping into negatives. Meanwhile, an unfavorable customer mix and product mix, pricing and competitive pressures are hurting gross margins. Although shares of Fastenal outperformed the Zacks categorized Building Products - Retail/Wholesale industry in the last one year period, estimates have moved slightly downward before the fourth quarter earnings release. Though various cost-saving initiatives are expected to boost the bottom line, we believe a material improvement will take time." (1/9/2017)

Who owns Fastenal Company stock?

Fastenal Company's stock is owned by many different of retail and institutional investors. Top institutional investors include State Street Corp (4.15%), Ruane Cunniff & Goldfarb Inc. (3.25%), Route One Investment Company L.P. (0.87%), Ashmore Wealth Management LLC (0.44%), Flinton Capital Management LLC (0.42%) and FMR LLC (0.40%). Company insiders that own Fastenal Company stock include Daniel L Florness, Gary A Polipnick, James C Jansen, John Lewis Soderberg, Kenneth R Nance, Leland J Hein, Michael J Ancius, Nicholas J Lundquist, Reyne K Wisecup, Rita J Heise, Sheryl Ann Lisowski, Steven A Rucinski and Terry Modock Owen.

Who sold Fastenal Company stock? Who is selling Fastenal Company stock?

Fastenal Company's stock was sold by a variety of institutional investors in the last quarter, including Ruane Cunniff & Goldfarb Inc., Route One Investment Company L.P., Janus Capital Management LLC, Brown Capital Management LLC, Ashmore Wealth Management LLC, Zebra Capital Management LLC, Dimensional Fund Advisors LP and Ladenburg Thalmann Financial Services Inc.. Company insiders that have sold Fastenal Company stock in the last year include Daniel L Florness, Leland J Hein, Reyne K Wisecup and Sheryl Ann Lisowski.

Who bought Fastenal Company stock? Who is buying Fastenal Company stock?

Fastenal Company's stock was bought by a variety of institutional investors in the last quarter, including Flinton Capital Management LLC, TCW Group Inc., FMR LLC, Tyers Asset Management LLC, State Street Corp, Russell Investments Group Ltd., Asset Management One Co. Ltd. and AMF Pensionsforsakring AB. Company insiders that have bought Fastenal Company stock in the last two years include Gary A Polipnick, Michael J Ancius, Nicholas J Lundquist and Rita J Heise.

How do I buy Fastenal Company stock?

Shares of Fastenal Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Fastenal Company stock cost?

One share of Fastenal Company stock can currently be purchased for approximately $50.71.

Fastenal Company (NASDAQ:FAST) Chart for Monday, February, 20, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Fastenal Company (NASDAQ:FAST)

Earnings History Chart

Earnings by Quarter for Fastenal Company (NASDAQ:FAST)

Dividend History Chart

Dividend Payments by Quarter for Fastenal Company (NASDAQ:FAST)

Last Updated on 2/20/2017 by MarketBeat.com Staff