Dimensional Fund Advisors LP Purchases 163,966 Shares of Fastenal Company $FAST

Dimensional Fund Advisors LP increased its position in Fastenal Company (NASDAQ:FAST) by 2.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,872,867 shares of the company’s stock after purchasing an additional 163,966 shares during the period. Dimensional Fund Advisors LP’s holdings in Fastenal were worth $318,854,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of Fastenal during the 4th quarter valued at $646,046,000. Wellington Management Group LLP increased its stake 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 acquiring an additional 8,574,208 shares in the last quarter. Bank of America Corp DE lifted its position in Fastenal by 106.1% during the 2nd quarter. Bank of America Corp DE now owns 15,431,393 shares of the company’s stock valued at $648,118,000 after acquiring an additional 7,943,217 shares during the period. Invesco Ltd. lifted its position in Fastenal by 14.0% during the 3rd quarter. Invesco Ltd. now owns 18,215,875 shares of the company’s stock valued at $893,307,000 after acquiring an additional 2,242,116 shares during the period. Finally, Bank Julius Baer & Co. Ltd Zurich boosted its stake in Fastenal by 1,039.6% during the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 2,337,722 shares of the company’s stock worth $94,253,000 after acquiring an additional 2,132,593 shares in the last quarter. Institutional investors own 81.38% of the company’s stock.

Fastenal Stock Performance

Shares of FAST opened at $45.33 on Thursday. The business’s fifty day simple moving average is $45.81 and its two-hundred day simple moving average is $45.30. The company has a current ratio of 4.18, a quick ratio of 2.21 and a debt-to-equity ratio of 0.01. Fastenal Company has a 12 month low of $38.97 and a 12 month high of $50.63. The company has a market cap of $52.02 billion, a price-to-earnings ratio of 38.42, a P/E/G ratio of 2.82 and a beta of 0.72.

Fastenal (NASDAQ:FAST) last posted its quarterly earnings results on Tuesday, July 14th. The company reported $0.33 earnings per share for the quarter, hitting the consensus estimate of $0.33. Fastenal had a return on equity of 34.03% and a net margin of 15.45%.The firm had revenue of $2.39 billion during the quarter, compared to analysts’ expectations of $2.34 billion. During the same quarter in the previous year, the business earned $0.29 earnings per share. The company’s revenue was up 14.7% on a year-over-year basis. Research analysts anticipate that Fastenal Company will post 1.25 earnings per share for the current fiscal year.

Fastenal Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, August 25th. Shareholders of record on Tuesday, July 28th will be given a $0.26 dividend. This is a positive change from Fastenal’s previous quarterly dividend of $0.24. The ex-dividend date of this dividend is Tuesday, July 28th. This represents a $1.04 dividend on an annualized basis and a yield of 2.3%. Fastenal’s payout ratio is presently 81.36%.

Trending Headlines about Fastenal

Here are the key news stories impacting Fastenal this week:

• Positive Sentiment: Fastenal’s dividend profile is drawing interest as the company was highlighted among high-yield, stable cash flow names, reinforcing its appeal for income-focused investors. Article Title
• Positive Sentiment: Recent coverage says Fastenal is extending industrial sales growth through contract wins and digital tools, suggesting its business model is still gaining traction. Article Title
• Positive Sentiment: The company’s dividend increase and links to data-center-driven demand add to the bullish case, with investors viewing Fastenal as a beneficiary of long-term industrial infrastructure spending. Article Title
• Neutral Sentiment: Analysts are offering mixed views, with one note focusing on whether Fastenal’s premium valuation is justified by growth and execution. Article Title
• Neutral Sentiment: Investors are also watching the Q2 2026 earnings call transcript for guidance on margins, demand trends, and management’s outlook. Article Title
• Neutral Sentiment: Fastenal’s international revenue mix is being reviewed as a factor that could affect stability and future growth, but the impact is more analytical than immediately market-moving. Article Title
• Negative Sentiment: Several reports warn that margin pressure and rising costs remain a key risk, which could limit upside if growth slows. Article Title
• Negative Sentiment: Another note said Fastenal’s stock has been lagging some peers, indicating recent relative underperformance versus competitors. Article Title

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Morgan Stanley lifted their price objective on Fastenal from $48.00 to $52.00 and gave the company an “equal weight” rating in a research note on Thursday, July 16th. Rothschild & Co Redburn set a $55.00 price target on Fastenal and gave the company a “buy” rating in a report on Monday, July 13th. Wolfe Research reaffirmed an “underperform” rating and issued a $47.00 price target on shares of Fastenal in a research report on Thursday, July 9th. Robert W. Baird dropped their price target on shares of Fastenal from $52.00 to $50.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 14th. Finally, Barclays cut their price objective on shares of Fastenal from $47.00 to $46.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 16th. Five research 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. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $48.83.

Fastenal 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.