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

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

Fastenal announced a quarterly dividend on Thursday, April 11th. Stockholders of record on Wednesday, April 24th will be given a dividend of $0.43 per share on Wednesday, May 22nd. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.68%. The ex-dividend date of this dividend is Tuesday, April 23rd. View Fastenal's Dividend History.

Shares of Fastenal split before market open on Wednesday, May 22nd 2019. The 2-1 split was announced on Thursday, April 18th 2019. The newly issued 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 declared that its Board of Directors has approved a stock buyback plan on Wednesday, July 12th 2017, which authorizes the company to repurchase 5,000,000 shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board of directors believes its shares are undervalued.

Fastenal (NASDAQ:FAST) issued its quarterly earnings results on Thursday, April, 11th. The company reported $0.68 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 last year, the company 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.

13 equities research analysts have issued 12-month target prices for Fastenal's stock. Their predictions range from $50.00 to $78.00. On average, they anticipate Fastenal's stock price to reach $61.2222 in the next year. This suggests that the stock has a possible downside of 4.5%. View Analyst Price Targets for Fastenal.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fastenal in the last year. There are currently 11 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Fastenal.

Press coverage about FAST stock has trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Fastenal earned a media sentiment score of -1.6 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near future.

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), Johnson & Johnson (JNJ), Micron Technology (MU), Procter & Gamble (PG), Cisco Systems (CSCO), Starbucks (SBUX), The Coca-Cola (KO), Caterpillar (CAT) and QUALCOMM (QCOM).

Fastenal's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.08%), Geode Capital Management LLC (1.66%), OppenheimerFunds Inc. (1.48%), Wellington Management Group LLP (1.33%), Northern Trust Corp (1.30%) and Cantillon Capital Management LLC (1.13%). Company insiders that own Fastenal stock include Charles S Miller, Daniel L Florness, Daniel L Johnson, 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 FMR LLC, Alta Capital Management LLC, Confluence Investment Management LLC, OppenheimerFunds Inc., Amundi Pioneer Asset Management Inc., Morgan Stanley, GWM Advisors LLC and Pendal Group Ltd. Company insiders that have sold Fastenal company stock in the last year include Daniel L Florness, John Lewis Soderberg, Leland J Hein, Michael John Dolan, Nicholas J Lundquist, Sheryl Ann Lisowski, Terry Modock Owen 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 Geode Capital Management LLC, BlackRock Inc., Goldman Sachs Group Inc., The Manufacturers Life Insurance Company , Nordea Investment Management AB, Provident Trust Co., Teacher Retirement System of Texas and Penserra Capital Management LLC. Company insiders that have bought Fastenal stock in the last two years include Daniel L Florness, Daniel L Johnson, 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 $64.10.

Fastenal has a market capitalization of $18.35 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]