Fastenal (NASDAQ:FAST - Free Report) - Research analysts at William Blair issued their Q1 2026 earnings per share (EPS) estimates for Fastenal in a research note issued to investors on Wednesday, April 9th. William Blair analyst R. Merkel expects that the company will earn $0.58 per share for the quarter. William Blair currently has a "Outperform" rating on the stock. The consensus estimate for Fastenal's current full-year earnings is $2.15 per share. William Blair also issued estimates for Fastenal's Q2 2026 earnings at $0.59 EPS, Q3 2026 earnings at $0.61 EPS, Q4 2026 earnings at $0.56 EPS and FY2027 earnings at $2.55 EPS.
Fastenal (NASDAQ:FAST - Get Free Report) last released its quarterly earnings data on Friday, April 11th. The company reported $0.52 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.52. Fastenal had a return on equity of 32.55% and a net margin of 15.25%. The business had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.94 billion. During the same quarter in the previous year, the company posted $0.52 EPS. The company's revenue was up 3.4% compared to the same quarter last year.
A number of other research firms have also recently weighed in on FAST. Wolfe Research upgraded shares of Fastenal from an "underperform" rating to a "peer perform" rating in a research report on Thursday, April 3rd. Stephens upped their price target on shares of Fastenal from $75.00 to $80.00 and gave the stock an "equal weight" rating in a report on Tuesday. Robert W. Baird upped their target price on shares of Fastenal from $80.00 to $86.00 and gave the stock a "neutral" rating in a research note on Monday. Finally, Stifel Nicolaus decreased their target price on Fastenal from $86.00 to $82.00 and set a "hold" rating for the company in a research report on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, Fastenal has an average rating of "Hold" and a consensus target price of $77.91.
Check Out Our Latest Report on Fastenal
Fastenal Trading Up 0.1 %
FAST stock traded up $0.12 during midday trading on Thursday, reaching $81.42. 1,492,733 shares of the company traded hands, compared to its average volume of 3,094,236. The firm has a market capitalization of $46.69 billion, a price-to-earnings ratio of 40.51, a P/E/G ratio of 3.58 and a beta of 1.05. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.28 and a current ratio of 4.67. The business has a 50 day moving average of $75.71 and a 200-day moving average of $76.43. Fastenal has a 52-week low of $61.36 and a 52-week high of $84.88.
Institutional Trading of Fastenal
A number of institutional investors have recently bought and sold shares of FAST. Integrated Wealth Concepts LLC lifted its stake in Fastenal by 3.8% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 5,735 shares of the company's stock valued at $410,000 after acquiring an additional 210 shares during the period. Kovitz Investment Group Partners LLC raised its position in Fastenal by 91.8% during the third quarter. Kovitz Investment Group Partners LLC now owns 11,975 shares of the company's stock worth $855,000 after acquiring an additional 5,732 shares during the period. EP Wealth Advisors LLC lifted its holdings in Fastenal by 39.9% in the 3rd quarter. EP Wealth Advisors LLC now owns 10,709 shares of the company's stock valued at $765,000 after purchasing an additional 3,052 shares in the last quarter. MML Investors Services LLC boosted its holdings in shares of Fastenal by 7.9% during the 3rd quarter. MML Investors Services LLC now owns 28,421 shares of the company's stock worth $2,030,000 after purchasing an additional 2,089 shares during the last quarter. Finally, LRI Investments LLC lifted its position in Fastenal by 169.4% during the third quarter. LRI Investments LLC now owns 1,355 shares of the company's stock worth $97,000 after buying an additional 852 shares in the last quarter. 81.38% of the stock is currently owned by institutional investors and hedge funds.
Fastenal Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Friday, April 25th will be paid a $0.44 dividend. The ex-dividend date is Friday, April 25th. This is a boost from Fastenal's previous quarterly dividend of $0.43. This represents a $1.76 dividend on an annualized basis and a yield of 2.16%. Fastenal's dividend payout ratio (DPR) is 87.56%.
About Fastenal
(
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Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, North America, and internationally. It offers fasteners, and related industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, bolts, nuts, screws, studs, and related washers that are used in manufactured products and construction projects, as well as in the maintenance and repair of machines.
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