Fastenal (FAST) Expected to Announce Quarterly Earnings on Monday

Fastenal (NASDAQ:FAST) is expected to post its Q1 2026 results before the market opens on Monday, April 13th. Analysts expect Fastenal to post earnings of $0.2967 per share and revenue of $2.1896 billion for the quarter. Individuals may review the information on the company’s upcoming Q1 2026 earning report for the latest details on the call scheduled for Monday, April 13, 2026 at 10:00 AM ET.

Fastenal (NASDAQ:FAST) last released its quarterly earnings data on Tuesday, January 20th. The company reported $0.26 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.26. The firm had revenue of $2.03 billion for the quarter, compared to analysts’ expectations of $2.04 billion. Fastenal had a net margin of 15.35% and a return on equity of 32.83%. The company’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.46 earnings per share. On average, analysts expect Fastenal to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Fastenal Stock Performance

Fastenal stock opened at $46.30 on Monday. The company has a current ratio of 4.85, a quick ratio of 2.41 and a debt-to-equity ratio of 0.03. The firm has a market cap of $53.17 billion, a P/E ratio of 42.09, a P/E/G ratio of 2.94 and a beta of 0.84. Fastenal has a 1-year low of $35.31 and a 1-year high of $50.63. The firm has a 50-day moving average of $45.71 and a 200-day moving average of $43.77.

Fastenal Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 26th. Shareholders of record on Thursday, January 29th were given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Thursday, January 29th. This is a positive change from Fastenal’s previous quarterly dividend of $0.22. Fastenal’s dividend payout ratio is currently 87.27%.

Insider Activity at Fastenal

In related news, Director Scott Satterlee sold 15,964 shares of the company’s stock in a transaction on Friday, January 23rd. The stock was sold at an average price of $44.19, for a total value of $705,449.16. Following the sale, the director directly owned 50,000 shares of the company’s stock, valued at $2,209,500. This represents a 24.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Reyne K. Wisecup sold 36,920 shares of the stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $47.34, for a total value of $1,747,792.80. Following the completion of the transaction, the director owned 40,000 shares of the company’s stock, valued at approximately $1,893,600. This trade represents a 48.00% decrease in their position. The SEC filing for this sale provides additional information. 0.28% of the stock is currently owned by corporate insiders.

Institutional Trading of Fastenal

A number of hedge funds and other institutional investors have recently modified their holdings of the business. State Street Corp boosted its stake in Fastenal by 1.2% during the fourth quarter. State Street Corp now owns 54,734,674 shares of the company’s stock worth $2,196,502,000 after acquiring an additional 631,889 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Fastenal by 2.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 47,297,047 shares of the company’s stock valued at $1,898,031,000 after purchasing an additional 919,158 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of Fastenal by 14.0% during the third quarter. Invesco Ltd. now owns 18,215,875 shares of the company’s stock valued at $893,307,000 after purchasing an additional 2,242,116 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of Fastenal by 106.1% during the second quarter. Bank of America Corp DE now owns 15,431,393 shares of the company’s stock valued at $648,118,000 after purchasing an additional 7,943,217 shares during the last quarter. Finally, Wellington Management Group LLP boosted its position in shares of Fastenal by 243.5% in the 4th quarter. Wellington Management Group LLP now owns 12,095,194 shares of the company’s stock worth $485,380,000 after purchasing an additional 8,574,208 shares in the last quarter. 81.38% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Barclays lifted their price objective on Fastenal from $43.00 to $44.00 and gave the stock an “equal weight” rating in a research report on Friday, March 6th. UBS Group restated a “neutral” rating and set a $46.00 target price on shares of Fastenal in a report on Wednesday, January 21st. Morgan Stanley reaffirmed a “positive” rating and issued a $45.00 price target on shares of Fastenal in a research note on Thursday, March 5th. Wolfe Research lifted their price target on shares of Fastenal from $43.00 to $46.00 and gave the company an “underperform” rating in a report on Tuesday, March 31st. Finally, Benchmark reissued a “buy” rating on shares of Fastenal in a research report on Thursday, March 5th. Five investment analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $49.08.

Fastenal Company Profile

Fastenal (NASDAQ: FAST) is a wholesale distributor of industrial and construction supplies, best known for its broad assortment of fasteners such as bolts, nuts, screws and anchors. Founded in Winona, Minnesota, Fastenal has grown from a regional supplier into a national and international distributor serving a wide range of end markets, including manufacturing, construction, maintenance, repair and operations (MRO), and government customers. The company is publicly traded and operates through a network of locally staffed branches combined with national distribution capabilities.

Product offerings extend beyond fasteners to include tools, safety and personal protective equipment, power transmission components, cutting and welding supplies, janitorial and material handling items, and other industrial consumables.