Fastenal (FAST) Stock Price, News & Analysis

Company Overview

Founded in 1967 in Winona, Minnesota, by Bob Kierlin, Fastenal Company serves as a leading distributor of industrial and construction supplies throughout North America and selected international markets. The company combines a network of locally staffed branches with regional distribution centers and a robust e-commerce platform. Since its initial public offering in 1987, Fastenal has pursued growth through a blend of traditional wholesale distribution and advanced inventory management solutions.

Fastenal’s product portfolio spans a wide range of fastening and MRO (maintenance, repair and operations) supplies, including bolts, nuts, screws, anchors and cutting tools. The company also offers power tools, welding equipment, safety supplies and janitorial products sourced from well-known manufacturers. To enhance customer efficiency, Fastenal provides on-site vending systems, custom labeling, kitting services and mobile delivery, supporting just-in-time inventory replenishment and reducing operational downtime.

With more than 3,000 branches across the United States, Canada, Mexico and additional locations in Europe, Asia and Australia, Fastenal supports clients in manufacturing, construction, energy, government and other industries. Its extensive branch network is backed by strategically located distribution hubs, enabling rapid order fulfillment and minimized lead times. A digital portal and mobile app give customers seamless access to product information, ordering, shipment tracking and usage analytics.

Under the guidance of Chairman Robert Kierlin and Chief Executive Officer Daniel L. Florness, Fastenal emphasizes strong local customer relationships and operational excellence. The company’s decentralized branch structure empowers regional teams to tailor solutions to market-specific needs, while corporate headquarters focuses on supply chain innovation and technology development. Fastenal’s ongoing commitment is to deliver quality products and value-added services that enhance productivity, safety and efficiency for its global customer base.

Key Stats

• Today's Range: $45.64 to $46.30
• 50-Day Range: $39.28 to $45.88
• 52-Week Range: $32.04 to $46.40
• Volume: 7.63 million shs
• Average Volume: 6.03 million shs
• Market Capitalization: $52.84 billion
• P/E Ratio: 44.29
• Dividend Yield: 1.91%
• Price Target: $45.64
• Consensus Rating: Hold

Fastenal Stock Analysis - MarketRank™

Fastenal scored higher than 86% of companies evaluated by MarketBeat, and ranked 51st out of 212 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.1 / 5
• Analyst Rating: Hold

Consensus Rating

Fastenal has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 3 buy ratings, 8 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Fastenal has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 8.37%

Earnings Growth

Earnings for Fastenal are expected to grow by 8.37% in the coming year, from $2.15 to $2.33 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Fastenal is 44.29, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 26.51.

Price to Earnings Ratio vs. Sector

The P/E ratio of Fastenal is 44.29, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 29.83.

Price to Earnings Growth Ratio

Fastenal has a PEG Ratio of 4.16. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Fastenal has a P/B Ratio of 13.87. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.44% of the float of Fastenal has been sold short.

Short Interest Ratio / Days to Cover

Fastenal has a short interest ratio ("days to cover") of 4.2.

Change versus previous month

Short interest in Fastenal has recently decreased by 6.45%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Fastenal pays a meaningful dividend of 1.93%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Fastenal has been increasing its dividend for 26 years.

Dividend Coverage

The dividend payout ratio of Fastenal is 84.62%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Fastenal will have a dividend payout ratio of 37.77% next year. This indicates that Fastenal will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.4 / 5
• Environmental Score: -1.42

Percentage of Shares Shorted

2.44% of the float of Fastenal has been sold short.

Short Interest Ratio / Days to Cover

Fastenal has a short interest ratio ("days to cover") of 4.2.

Change versus previous month

Short interest in Fastenal has recently decreased by 6.45%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.64

News Sentiment

Fastenal has a news sentiment score of 0.64. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.86 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 76 news articles for Fastenal this week, compared to 17 articles on an average week.

Search Interest

29 people have searched for FAST on MarketBeat in the last 30 days. This is an increase of 61% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Fastenal to their MarketBeat watchlist in the last 30 days. This is a decrease of -83% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Fastenal insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $6,675,975.00 in company stock.

Percentage Held by Insiders

Only 0.37% of the stock of Fastenal is held by insiders.

Percentage Held by Institutions

81.38% of the stock of Fastenal is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

FAST Stock Analysis - Frequently Asked Questions

How have FAST shares performed this year?

Fastenal's stock was trading at $35.9550 at the beginning of the year. Since then, FAST stock has increased by 28.1% and is now trading at $46.06.

How were Fastenal's earnings last quarter?

Fastenal Company (NASDAQ:FAST) issued its quarterly earnings data 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's quarterly revenue was up 8.6% compared to the same quarter last year.
Read the conference call transcript.

When did Fastenal's stock split?

Fastenal shares split before market open on Thursday, May 22nd 2025.The 2-1 split was announced on Wednesday, April 23rd 2025. The newly created shares were issued to shareholders after the closing bell on Wednesday, May 21st 2025. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Does Fastenal have any subsidiaries?

Fastenal subsidiaries include these companies: Apex Industrial Technologies, Manufacturers Supply, Av-Tech Industries, Holo-Krome, FASTCO Shanghai Trading Co. Ltd., Fastenal Air Fleet LLC, Fastenal Asia Pacific Limited, and more.

Who are Fastenal's major shareholders?

Top institutional shareholders of Fastenal include Confluence Investment Management LLC (0.29%), Riverbridge Partners LLC (0.23%), Congress Asset Management Co. (0.15%) and Caledonia Investments PLC (0.13%). Insiders that own company stock include Nicholas J Lundquist, Daniel L Florness, Michael J Ancius, James C Jansen, Scott Satterlee, Reyne K Wisecup, Rita J Heise, Daniel L Johnson, Holden Lewis, Terry Modock Owen, William Joseph Drazkowski, Jeffery Michael Watts, Sheryl Ann Lisowski, Hsenghung Sam Hsu, Sarah N Nielsen, John Lewis Soderberg, Anthony Paul Broersma and Charles S Miller.
View institutional ownership trends.

How do I buy shares of Fastenal?

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

What other stocks do shareholders of Fastenal own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Fastenal investors own include Chevron (CVX), Bristol Myers Squibb (BMY), NVIDIA (NVDA), Comcast (CMCSA), Meta Platforms (META), McKesson (MCK) and Charles Schwab (SCHW).

Company Calendar

• Record date for 5/23 Dividend: 4/25/2025
• Ex-Dividend for 5/23 Dividend: 4/25/2025
• Dividend Payable: 5/23/2025
• Last Earnings: 7/14/2025
• Today: 7/18/2025
• Record date for 8/26 Dividend: 7/29/2025
• Ex-Dividend for 8/26 Dividend: 7/29/2025
• Dividend Payable: 8/26/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Retail/Wholesale
• Industry: BLDG PRD - RT/WHL
• Sub-Industry: Trading Companies & Distributors
• Current Symbol: NASDAQ:FAST
• CIK: 815556
• Web: www.fastenal.com
• Phone: (507) 454-5374
• Fax: 507-453-8049
• Employees: 23,702
• Year Founded: 1967

Price Target and Rating

• Average Price Target for Fastenal: $45.64
• High Price Target: $82.00
• Low Price Target: $35.00
• Potential Upside/Downside: -0.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.17
• Research Coverage: 12 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.04
• Trailing P/E Ratio: 43.98
• Forward P/E Ratio: 21.28
• P/E Growth: 4.16
• Net Income: $1.15 billion
• Net Margins: 15.30%
• Pretax Margin: 20.09%
• Return on Equity: 32.33%
• Return on Assets: 24.62%

Debt

• Debt-to-Equity Ratio: 0.03
• Current Ratio: 4.22
• Quick Ratio: 2.14

Sales & Book Value

• Annual Sales: $7.55 billion
• Price / Sales: 6.95
• Cash Flow: $1.16 per share
• Price / Cash Flow: 39.44
• Book Value: $3.32 per share
• Price / Book: 13.78

Miscellaneous

• Outstanding Shares: 1,147,240,000
• Free Float: 1,142,996,000
• Market Cap: $52.48 billion
• Optionable: Optionable
• Beta: 0.96