Fastenal Company (FAST)

Sep 25, 2026

Fastenal (NASDAQ: FAST) has shown significant market outperformance over the last decade, with an average annual return of 17.36%. An initial investment of $100 in FAST 10 years ago would now be worth $495.47, highlighting the substantial impact of compounded returns. The company currently holds a market capitalization of $57.74 billion.

Sep 24, 2026

Andra AP fonden significantly reduced its stake in Fastenal Company (NASDAQ:FAST) by 77.7% in the second quarter, selling 364,500 shares and retaining 104,519 shares valued at approximately $5.02 million. Despite this, institutional investors collectively own 81.38% of the company. Fastenal reported strong quarterly revenues of $2.39 billion and earnings per share of $0.33, while also increasing its quarterly dividend to $0.26 per share, yielding 2.0%.

Sep 23, 2026

State Street Corp increased its stake in Fastenal Company by 1.6% in the second quarter, purchasing an additional 869,793 shares to bring its total holdings to 56.44 million shares, valued at over $2.7 billion. Institutional investors collectively own 81.38% of Fastenal. Analysts currently have a "Hold" rating for Fastenal, with an average price target of $49.50, following the company's recent report of 14.7% year-over-year revenue growth and a dividend increase.

Sep 21, 2026

Fastenal Co. (FAST) stock rose 1.31% on Monday, closing at $49.65. Despite this gain, the stock underperformed the broader market, which saw the S&P 500 and Dow Jones Industrial Average also rise. Fastenal Co. remains 6.17% below its 52-week high achieved on August 11th.

Sep 21, 2026

Nykredit A S has acquired 237,756 shares of Fastenal Company (NASDAQ:FAST), valued at approximately $11.4 million, during the second quarter. Fastenal reported strong quarterly results, with EPS matching estimates and revenue exceeding expectations, leading to a 14.7% year-over-year increase. The company also raised its quarterly dividend, and despite a "Hold" consensus rating from analysts, institutional investors collectively own 81.38% of Fastenal's stock.

Sep 21, 2026

Fastenal quietly acquired Rampp.ai in June, a company specializing in agentic AI designed to execute and coordinate business processes. This acquisition, coupled with Rampp's CEO joining Fastenal in a key AI role, aligns with Fastenal's previously outlined AI strategy focusing on task and autonomous agents. The move signifies a broader trend among large distributors like Winsupply and Grainger to directly invest in AI technology and talent rather than relying solely on external vendors.

Sep 16, 2026

Bank of America Corp DE has reduced its stake in Fastenal Company (NASDAQ:FAST) by 1.1% during the second quarter, now owning 16,121,214 shares valued at $774,302,000. Despite this reduction, several other institutional investors have increased their positions in Fastenal. The company recently announced an increase in its quarterly dividend to $0.26 per share and analysts currently have a "Hold" rating with an average price target of $49.50.

Sep 15, 2026

Wolfe Research has reiterated its "underperform" rating for Fastenal (NASDAQ:FAST) with a $51 price target, suggesting a 3.16% upside. Despite this, analyst sentiment is mixed, resulting in a consensus "Hold" rating and an average price target of $49.50. Fastenal recently met earnings estimates at $0.33 per share and exceeded revenue expectations with $2.39 billion, a 14.7% year-over-year increase.

Sep 14, 2026

Fastenal (FAST) has recently been upgraded to a Zacks Rank #2 (Buy), reflecting a positive shift in its earnings outlook. This upgrade is based on an upward trend in earnings estimates, which is a powerful indicator for stock price movements. The Zacks Rank system, which correlates earnings estimate revisions with near-term stock movements, suggests that this upgrade could lead to a favorable impact on Fastenal's stock price due to improved underlying business fundamentals.

Sep 14, 2026

Fastenal (NASDAQ: FAST) has significantly outperformed the market over the last 20 years, achieving an average annual return of 12.33%. An initial investment of $1000 in Fastenal stock two decades ago would now be worth $10,161.18. This demonstrates the powerful impact of compounded returns on investment growth over time.

Sep 14, 2026

Ball Corporation (BALL) plans to build a new two-line beverage can manufacturing facility in Uttar Pradesh, India, expanding its presence in the growing Indian market. This investment is driven by secured customer contracts and the rising demand for sustainable aluminum packaging, with the facility expected to be operational in 2029. The move aligns with Ball Corp's strategy to establish a wide plant network across India and reflects confidence in the country's economic potential.

Sep 13, 2026

Corient Private Wealth LP reduced its stake in Fastenal Company (NASDAQ:FAST) by 4.7% in the second quarter, selling 46,316 shares while still holding 942,029 shares valued at approximately $45.2 million. Fastenal reported quarterly earnings per share of $0.33, matching estimates, and revenue of $2.39 billion, a 14.7% increase year-over-year. The company also raised its quarterly dividend to $0.26, reflecting a 2.1% annual yield, and has a consensus "Hold" rating from analysts with a target price of $49.17.