William Blair Estimates Fastenal’s Q1 Earnings (NASDAQ:FAST)

Fastenal (NASDAQ:FAST) – Investment analysts at William Blair issued their Q1 2026 earnings estimates for shares of Fastenal in a note issued to investors on Wednesday, April 9th. William Blair analyst R. Merkel forecasts 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) last posted its earnings results on Friday, January 17th. The company reported $0.46 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.02). Fastenal had a net margin of 15.25% and a return on equity of 32.55%. The company had revenue of $1.82 billion during the quarter, compared to the consensus estimate of $1.84 billion. During the same quarter in the prior year, the business earned $0.46 EPS. The firm’s revenue for the quarter was up 3.7% compared to the same quarter last year.

A number of other research analysts have also weighed in on FAST. Stifel Nicolaus dropped their price target on shares of Fastenal from $86.00 to $82.00 and set a “hold” rating on the stock in a research report on Tuesday, January 21st. Wolfe Research raised shares of Fastenal from an “underperform” rating to a “peer perform” rating in a research report on Thursday, April 3rd. One analyst has rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Fastenal presently has a consensus rating of “Hold” and an average target price of $76.91.

Fastenal Price Performance

Shares of NASDAQ:FAST opened at $75.79 on Thursday. Fastenal has a 1-year low of $61.36 and a 1-year high of $84.88. The company has a current ratio of 4.67, a quick ratio of 2.28 and a debt-to-equity ratio of 0.03. The stock has a market cap of $43.46 billion, a PE ratio of 37.71, a price-to-earnings-growth ratio of 3.58 and a beta of 1.05. The stock’s fifty day simple moving average is $75.41 and its two-hundred day simple moving average is $76.26.

Fastenal Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Friday, April 25th will be issued a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 2.32%. This is a positive change from Fastenal’s previous quarterly dividend of $0.43. Fastenal’s dividend payout ratio is 85.57%.

Institutional Trading of Fastenal

Hedge funds have recently made changes to their positions in the company. Norges Bank bought a new position in shares of Fastenal during the 4th quarter worth $522,558,000. GAMMA Investing LLC boosted its position in Fastenal by 8,541.0% during the first quarter. GAMMA Investing LLC now owns 1,694,235 shares of the company’s stock worth $131,388,000 after purchasing an additional 1,674,628 shares during the period. Price T Rowe Associates Inc. MD boosted its position in Fastenal by 100.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 3,081,620 shares of the company’s stock worth $221,600,000 after purchasing an additional 1,547,319 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Fastenal in the fourth quarter valued at approximately $101,183,000. Finally, Wellington Management Group LLP raised its position in shares of Fastenal by 301.9% in the fourth quarter. Wellington Management Group LLP now owns 1,478,233 shares of the company’s stock valued at $106,300,000 after purchasing an additional 1,110,445 shares during the period. 81.38% of the stock is currently owned by institutional investors.

Fastenal Company Profile

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.