NASDAQ:FAST - Fastenal Stock Price, News, & Analysis

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

Fastenal declared a quarterly dividend on Thursday, April 11th. Stockholders of record on Wednesday, April 24th will be paid a dividend of $0.43 per share on Wednesday, May 22nd. This represents a $1.72 annualized dividend and a dividend yield of 2.42%. The ex-dividend date of this dividend is Tuesday, April 23rd. View Fastenal's Dividend History.

Fastenal shares split on Wednesday, May 22nd 2019. The 2-1 split was announced on Thursday, April 18th 2019. The newly minted shares will be payable to shareholders after the market closes on Tuesday, May 21st 2019. An investor that had 100 shares of Fastenal stock prior to the split would have 200 shares after the split.

Fastenal announced that its Board of Directors has authorized a stock repurchase plan on Wednesday, July 12th 2017, which authorizes the company to buyback 5,000,000 shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company's leadership believes its stock is undervalued.

Fastenal (NASDAQ:FAST) posted its quarterly earnings results on Thursday, April, 11th. The company reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.01. The business earned $1.31 billion during the quarter, compared to analyst estimates of $1.30 billion. Fastenal had a net margin of 15.16% and a return on equity of 33.52%. During the same period in the prior year, the business posted $0.61 EPS. View Fastenal's Earnings History.

Fastenal is scheduled to release their next quarterly earnings announcement on Wednesday, July 10th 2019. View Earnings Estimates for Fastenal.

12 brokers have issued 1-year price objectives for Fastenal's shares. Their forecasts range from $50.00 to $78.00. On average, they expect Fastenal's share price to reach $61.2222 in the next year. This suggests that the stock has a possible downside of 13.7%. View Analyst Price Targets for Fastenal.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fastenal in the last year. There are currently 10 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Fastenal.

Media coverage about FAST stock has trended somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Fastenal earned a coverage optimism score of 1.8 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the stock's share price in the next several days.

Some companies that are related to Fastenal include Sherwin-Williams (SHW), Ferguson (FERGY), Tractor Supply (TSCO), TITAN Cem Co S/ADR (TITCY), GrowGeneration (GRWG), AeroGrow International (AERO) and Ferguson (FERGD).

Based on aggregate information from My MarketBeat watchlists, some companies that other Fastenal investors own include CA (CA), Intel (INTC), Micron Technology (MU), Johnson & Johnson (JNJ), Procter & Gamble (PG), Cisco Systems (CSCO), Starbucks (SBUX), Caterpillar (CAT), QUALCOMM (QCOM) and The Coca-Cola (KO).

Fastenal's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Confluence Investment Management LLC (0.63%), Riverbridge Partners LLC (0.56%), Clarkston Capital Partners LLC (0.37%), Investmentaktiengesellschaft Fuer Langfristige Investoren TGV (0.35%), Douglass Winthrop Advisors LLC (0.23%) and Chicago Capital LLC (0.13%). Company insiders that own Fastenal stock include Charles S Miller, Daniel L Florness, Daniel L Johnson, Darren R Jackson, Gary A Polipnick, Holden Lewis, James C Jansen, John Lewis Soderberg, Leland J Hein, Michael J Ancius, Michael John Dolan, Nicholas J Lundquist, Sheryl Ann Lisowski, Stephen L Eastman, Terry Modock Owen, Willard D Oberton and William Joseph Drazkowski. View Institutional Ownership Trends for Fastenal.

FAST stock was sold by a variety of institutional investors in the last quarter, including Alta Capital Management LLC, Confluence Investment Management LLC, Investmentaktiengesellschaft Fuer Langfristige Investoren TGV, Riverbridge Partners LLC, Brinker Capital Inc., Capital Management Corp VA, Bellecapital International Ltd. and Eqis Capital Management Inc.. Company insiders that have sold Fastenal company stock in the last year include Daniel L Florness, James C Jansen, John Lewis Soderberg, Leland J Hein, Michael John Dolan, Nicholas J Lundquist, Sheryl Ann Lisowski and Willard D Oberton. View Insider Buying and Selling for Fastenal.

FAST stock was acquired by a variety of institutional investors in the last quarter, including Fenimore Asset Management Inc., Strategic Financial Services Inc, Pacer Advisors Inc., CX Institutional, Los Angeles Capital Management & Equity Research Inc., BNP Paribas Arbitrage SA, Mercer Global Advisors Inc. ADV and Manning & Napier Group LLC. Company insiders that have bought Fastenal stock in the last two years include Daniel L Florness, Daniel L Johnson, Darren R Jackson, Holden Lewis, Michael J Ancius, Stephen L Eastman, Terry Modock Owen and William Joseph Drazkowski. View Insider Buying and Selling for Fastenal.

Shares of FAST can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of FAST stock can currently be purchased for approximately $70.96.

Fastenal has a market capitalization of $20.32 billion and generates $4.97 billion in revenue each year. The company earns $751.90 million in net income (profit) each year or $2.63 on an earnings per share basis. Fastenal employs 21,644 workers across the globe.

The official website for Fastenal is http://www.fastenal.com.

Fastenal's mailing address is 2001 THEURER BLVD, WINONA MN, 55987. The company can be reached via phone at 507-454-5374 or via email at [email protected]