Fastenal Company

(NASDAQ Global Select)

Top News rankings and signal summaries are processed using AI and may contain errors.

1
Bullish +75

Fastenal Co. stock: Q3 sales rise 15.5% as margins improve

Earnings report Financial outlook AI-generated analysis

Fastenal Co. reported robust third-quarter financial results, with net sales rising 15.5% year over year to USD 2.4633 billion. The company attributed this growth to new customer contract signings, product pricing adjustments, and a modest improvement in industrial production. Daily sales figures increased by the...

Bullish Signals

  • Daily sales rose 15.5% on new contracts and pricing.

Bearish Signals

  • Gross margin declined to 44.8% from 45.3%.
  • 2026 signing goal lowered to 27k-29k units.
2
Bullish +72

Argus raises target for Fastenal stock from USD 55.00 to USD 59.00

Analyst upgrade AI-generated analysis

Argus Research raised its price target for Fastenal Co. (FAST) from USD 55.00 to USD 59.00 on October 21, 2026, following the company's strong third-quarter performance. The analyst firm did not specify a rating change but acknowledged the positive impact of recent quarterly results on...

Bullish Signals

  • Argus raised price target from USD 55.00 to USD 59.00.

Bearish Signals

  • Capital investment rises to $310-330M in 2026.
  • Stock trades below $59.00 Argus target price.
3
Bullish +72

Fastenal stock: October sales gain broadens across industry

Earnings report AI-generated analysis

Fastenal Co. reported robust October net sales of $863.5 million, marking a 12.0% increase compared to the prior-year period and extending a streak of double-digit growth. The company's average daily sales surged by 17.1% year over year, indicating broad underlying activity across its customer base...

Bullish Signals

  • Net sales rose 12.0% to $863.5M in October.
4
Bullish +72

Fastenal stock tracks stronger October demand across industry

Company update Customer growth AI-generated analysis

Fastenal Co. reported a significant acceleration in daily sales growth for October, driven by strengthening demand across key industrial sectors including manufacturing and non-residential construction. According to the National Association of Wholesaler-Distributors, average daily sales rose 17.1 percent year over year, marking the strongest increase...

Bullish Signals

  • Daily sales up 17.1% YoY, strongest since July 2022.
  • Heavy manufacturing sales surged 22.8% YoY driving revenue.
  • Contract-customer growth accelerated to 20% in October.
  • International daily sales rose 20.9% in Canada and Mexico.
  • eBusiness sales up 15%, FMI sales up 16%.
5
Somewhat Bullish +50

Fastenal Likely To Report Higher Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call - Benzinga

AI-generated analysis

Fastenal Company (NYSE: FAST) is scheduled to release its second-quarter earnings report before the opening bell on Monday, July 13. Analysts currently expect the industrial and construction supplies distributor to report quarterly earnings of 33 cents per share, representing an increase from the 29 cents...

Bullish Signals

  • Q1 net sales hit $2.20 billion, up 12.4%.
  • Analysts expect Q2 EPS of $0.33 versus $0.29 last year.
  • Jefferies upgraded to Buy with a $52 price target.
  • JP Morgan raised target from $41 to $46.
  • Barclays increased target from $45 to $46.

Bearish Signals

  • Baird cut price target from $52 to $50.
  • DA Davidson initiated with Neutral rating and $46 target.
  • JP Morgan maintains Neutral rating on Fastenal.
6
Bullish +55

Fastenal stock weighs strong Q3 growth against margin pressure

Customer growth Digital wallet Earnings report AI-generated analysis

Fastenal Co. reported strong third-quarter results ending September 30, 2026, driven by robust growth in larger customer accounts and core industrial markets. Net sales rose to $2.4633 billion from the prior year's $2.1333 billion, with daily sales increasing 15.5% year over year to $38.5 million....

Bullish Signals

  • Net sales rose to $2.4633 billion from $2.1333 billion a year earlier.

Bearish Signals

  • Gross margin narrowed to 44.8% due to lower-margin customer mix.
  • 2026 device-signing goal lowered to 27k-29k units from 28k-30k.
7
Bullish +75

Fastenal Co. stock trades at EUR 46.51 as third-quarter sales rise

Dividend Earnings report AI-generated analysis

Fastenal Co. reported strong third-quarter financial results, with net sales rising 15.5% year over year to reach USD 2.46 billion. The company's operating income increased significantly to USD 530.8 million from USD 441.5 million in the prior-year quarter, reflecting a healthy operating margin of 21.5%....

Bullish Signals

  • Net sales rose 15.5% to USD 2.46 billion.
  • Operating income reached USD 530.8 million with a 21.5% margin.
  • Returned USD 328.4 million to shareholders via dividends and buybacks.
  • Declared quarterly dividend of USD 0.26 per share.
8
Slightly Bullish +15

Why Is Fastenal Company Stock Falling Wednesday? - TradingView

Dividend Earnings report AI-generated analysis

Fastenal Company (FAST) reported third-quarter 2026 results that exceeded analyst expectations for both earnings per share and sales. Diluted EPS of 35 cents beat the consensus estimate of 34 cents, while net sales reached $2.463 billion against an expectation of $2.440 billion. Net income surged...

Bullish Signals

  • EPS beat at 35 cents vs 34-cent estimate.

Bearish Signals

  • Shares fell 4.18% despite earnings beat due to margin concerns.
  • Gross margin declined 40 bps to 44.8% from mix effects.
  • Lowered 2026 device-signing target range to 27,000-29,000 units.
9
Bullish +65

Fastenal stock reports 14.7 percent revenue growth

Dividend Earnings report AI-generated analysis

Fastenal reported strong second-quarter financial results for the period ending June 30, 2026, with revenue reaching USD 2.39 billion, representing a significant 14.7 percent year-over-year increase. The industrial distribution company posted earnings per share of USD 0.33, which exactly matched analyst consensus estimates, while operating...

Bullish Signals

  • Revenue grew 14.7% YoY to $2.39B in Q2 2026.

Bearish Signals

  • Stock trades below 52-week high of USD 52.92 at USD 50.73.
  • Consensus rating is Hold with USD 49.50 price target.
10
Bullish +55

Fastenal Q2 Earnings Call Highlights - American Market News

AI-generated analysis

Fastenal (NASDAQ: FAST) reported a robust second quarter of 2026, characterized by double-digit daily sales growth and strong cash generation. This performance marked the final earnings call under CEO Dan Florness, who stepped down after three decades with the company. President Jeff Watts highlighted that...

Bullish Signals

  • Daily sales growth accelerated to 14.7% in Q2.
  • High-value customer revenues grew over 26%.
  • Digital Footprint daily sales rate hit 16.2%.
  • Operating margin improved by 5 basis points.
  • ROIC returned to the low 30s.
  • Strong operating cash flow of $266 million.
  • Larger customers generating attractive incremental profit.

Bearish Signals

  • Margin contracted 75 bps; price-cost headwind remains at 40 bps.
  • Pricing actions must continue as headwinds persist immediately.
  • Discretionary consumer markets lagged behind overall demand conditions.
  • Non-digital channels grew slower than digital segment growth.
11
Bullish +75

Fastenal Company Q1 2026 Earnings Call Summary

AI-generated analysis

Fastenal reported strong Q1 2026 performance driven by a strategic pivot toward high-value accounts and international expansion rather than broad industrial trends. Daily sales grew 12.4%, significantly boosted by a focus on large-scale customers with monthly spends exceeding $50,000, which now represent over half of...

Bullish Signals

  • Daily sales grew 12.4% via focused execution in key accounts.
  • High spend customers drove 21% growth, now over half of sales.
  • International expansion hit 24% in March across Europe and Asia.
  • Operating margins expanded to 20.3% through disciplined SG&A leverage.
  • PMI above 50 for three months signals improved future demand.
  • Non-residential construction grew 17% in Q1 as recovery continued.
  • Management keeps pricing estimate at 5% to 8% unchanged.
  • Incentive compensation ramp-up ends Q2 2026 to boost operating margins.
  • Digital sales rise toward goals with ~110 new FMI devices daily.
  • Share buybacks in Q1 offset employee equity dilution strategically.

Bearish Signals

  • Q2 challenging due to pricing lag behind inflation.
  • Gross margin fell 40 basis points below targets.
  • Supreme Court tariff uncertainty slowed Q1 pricing.
  • Customer fatigue delays expected margin improvements.
  • Nitrile costs rise from Middle East volatility.
  • Safety tools face supplier cost increases.
  • Revenue and headcount growth may not correlate.
12
Bullish +62

Fastenal Stock Is Up 35% in 2026. Is Its Dividend Still Worth Buying?

Dividend AI-generated analysis

Fastenal (FAST) has raised its quarterly dividend to $0.26, with the next payment scheduled for November 25, 2026. The stock has rallied approximately 35% year-to-date, pushing the annualized yield down to roughly 1.96%. Despite the lower yield, the company maintains a conservative balance sheet strategy,...

Bullish Signals

  • Dividend raised to $0.26 despite stock rally.
  • Q3 revenue grew 15.5% YoY to $2.46B.
  • EPS of $0.35 beat consensus estimate.
  • Free cash flow covers 87% of net income.
  • Operating margin of 21.5% exceeds peers.

Bearish Signals

  • Sales growth slowed to 14.4% in September.
  • Gross margins fell 40 basis points.
  • Agriculture and food sectors show weakness.
  • Heavy manufacturing downturn risks dividend growth.
  • Stock rally reduced dividend yield to 1.96%.
13
Somewhat Bullish +50

Fastenal vs. Grainger vs. MSC Industrial: Which Dividend Wins for Retirement? - 24/7 Wall St.

Dividend AI-generated analysis

The article compares Fastenal (FAST), W.W. Grainger (GWW), and MSC Industrial Direct (MSM) as industrial distributors, focusing on their dividend profiles for retirement investors. It highlights that while all three serve the same factory supply chain with steady cash flows, they offer distinct tradeoffs between...

Bullish Signals

  • Dividends raised twice, quarterly payout now $0.26.

Bearish Signals

  • Dividends consume 85% of free cash flow.
  • Price boost fading as earlier actions lapse.
  • Future dividend growth depends on sales volume.
14
Bullish +65

Fastenal stock gains as October sales growth accelerates

Company update Customer growth AI-generated analysis

Fastenal Co. reported accelerated sales momentum in October, with average daily sales growth rising to 17.1% year over year, up from 14.4% in September. This marks the strongest growth rate since July 2022, driven primarily by robust demand from heavy manufacturing and non-residential construction sectors....

Bullish Signals

  • Sales grew 17.1% YoY in October, strongest since July 2022.

Bearish Signals

  • Gross margins narrowed as large customers increased revenue share.
  • Product mix shift to large customers pressured profitability.
15
Somewhat Bullish +45

Fastenal stock: Bernstein lifts Fastenal stock target to USD 47.00

Analyst upgrade Earnings report AI-generated analysis

Fastenal Co. reported strong third-quarter 2026 financial results, with revenue reaching USD 2.46 billion, representing a 15.50 percent year-over-year increase. The company beat analyst consensus on adjusted earnings per share, reporting USD 0.35 compared to the expected USD 0.34. This performance highlights robust demand and...

Bullish Signals

  • Revenue grew 15.5% YoY to USD 2.46B in Q3 2026.
  • Beat EPS estimates with USD 0.35 vs expected USD 0.34.
  • Large customer revenue surged 28%, representing 60% of total sales.
  • Stock gained 31.7% year to date, outperforming industrial peers.
  • Bernstein raised price target to USD 47 despite 'Underperform' rating.

Bearish Signals

  • Bernstein maintained 'Underperform' rating with USD 47.00 target below USD 51.09 price.
16
Bullish +65

Fastenal Co. stock costs EUR 45.93, market value USD 59.0 billion

Earnings report AI-generated analysis

Fastenal Co. reported strong second-quarter 2026 financial results, with revenue reaching USD 2.39 billion, representing a 14.7 percent year-over-year increase. Net income for the quarter ended June 30, 2026, was USD 382.8 million, driven by solid operational performance in the industrial distribution sector. Key financial...

Bullish Signals

  • Revenue grew 14.7% YoY to USD 2.39B.
  • Net income reached USD 382.8M in Q2 2026.
  • Market cap stands at USD 59.0B.
17
Neutral +5

Fastenal vs. Applied Industrial Technologies: Which Dividend Grower Is the Better Buy?

Dividend AI-generated analysis

This article compares Fastenal (FAST) and Applied Industrial Technologies (AIT) as dividend growth investments, concluding that AIT is the superior choice for long-term investors seeking capital appreciation and sustainable payout growth. While Fastenal offers a higher starting yield of 1.81% compared to AIT's 0.58%, it...

Bullish Signals

  • Embedded vending network now covers 140,789 installations.
  • Q2 revenue rose 14.7% to $2.39 billion.

Bearish Signals

  • Dividend payout ratio hit 80% of net income in 2025.
  • Gross margins contracted 50 bps to 44.6% in Q1.
  • Capex guidance rose to $310M-$330M for 2026.
18
Bullish +62

Fastenal stock enters October earnings after revenue rises 14.7 percent

Earnings report AI-generated analysis

Fastenal Co. reported strong second-quarter results ending June 30, 2026, with revenue rising 14.7 percent to reach USD 2.39 billion, beating analyst estimates of USD 2.34 billion by USD 50 million. The company's earnings per share matched the consensus at USD 0.33, while operating profit...

Bullish Signals

  • Revenue grew 14.7% to $2.39B, beating estimates.

Bearish Signals

  • Analyst average target $49.17 is below stock price $50.43.
  • Wolfe Research Underperform rating with $51.00 target.
19
Bullish +65

Fastenal (NASDAQ:FAST) Price Target Raised to $52.00

AI-generated analysis

Morgan Stanley raised its price target on Fastenal (NASDAQ:FAST) to $52.00 from $48.00, maintaining an equal weight rating. This move follows a mixed analyst landscape where Bank of America lifted its target to $55.00 and Rothschild & Co set a $55.00 objective with a buy...

Bullish Signals

  • Morgan Stanley raised price target to $52.00.
  • Bank of America lifted target to $55.00.
  • Fastenal beat revenue expectations with $2.39 billion.
  • Revenue grew 14.7% year-over-year.
  • Return on equity reached 34.03%.
  • Net margin expanded to 15.45%.
  • Quarterly dividend increased from $0.24 to $0.26.
  • Institutional ownership stands at 81.38%.

Bearish Signals

  • Baird cut target to $50.00 showing caution.
  • Bernstein maintains underperform rating citing downside risks.
  • Consensus target $48.83 below Morgan Stanley's $52.00.
20
Somewhat Bullish +35

Fastenal's (FAST) Neutral Rating Reiterated at DA Davidson

AI-generated analysis

DA Davidson reiterated a neutral rating on Fastenal (FAST) with a $46.00 price objective, though analyst sentiment remains mixed. Other major firms hold varying views: Rothschild & Co Redburn maintains a 'buy' with a $55.00 target, while JPMorgan Chase raised its target to $47.00 but...

Bullish Signals

  • Revenue beat estimates by $50 million at $2.39 billion.
  • Year-over-year revenue growth reached 14.7%.
  • Quarterly dividend increased from $0.24 to $0.26.
  • Return on equity stands at 34.03%.
  • Institutional investors increased positions significantly.

Bearish Signals

  • Consensus price target of $48.83 is below Rothschild's $55.00.
  • Robert W. Baird cut objective from $52.00 to $50.00.