Weekly Investment Analysts’ Ratings Changes for Fastenal (FAST)

Several brokerages have updated their recommendations and price targets on shares of Fastenal (NASDAQ: FAST) in the last few weeks:

• 7/21/2026 – Fastenal was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
• 7/16/2026 – Fastenal had its price target raised by Morgan Stanley from $48.00 to $52.00. They now have an “equal weight” rating on the stock.
• 7/16/2026 – Fastenal had its price target lowered by Barclays PLC from $47.00 to $46.00. They now have an “equal weight” rating on the stock.
• 7/15/2026 – Fastenal had its “underperform” rating reaffirmed by Sanford C. Bernstein.
• 7/15/2026 – Fastenal had its “neutral” rating reaffirmed by DA Davidson. They now have a $46.00 price target on the stock.
• 7/13/2026 – Fastenal was given a new $55.00 price target by Rothschild & Co Redburn. They now have a “buy” rating on the stock.
• 7/13/2026 – Fastenal is now covered by Rothschild & Co Redburn. They set a “buy” rating and a $55.00 price target on the stock.
• 7/9/2026 – Fastenal had its “underperform” rating reaffirmed by Wolfe Research. They now have a $47.00 price target on the stock.
• 7/8/2026 – Fastenal had its “buy (b)” rating reaffirmed by Weiss Ratings.
• 7/8/2026 – Fastenal was given a new $48.00 price target by Morgan Stanley. They now have an “equal weight” rating on the stock.
• 7/6/2026 – Fastenal had its price target raised by Barclays PLC from $46.00 to $47.00. They now have an “equal weight” rating on the stock.
• 6/16/2026 – Fastenal is now covered by DA Davidson. They set a “neutral” rating and a $46.00 price target on the stock.
• 6/15/2026 – Fastenal was given a new $46.00 price target by DA Davidson. They now have a “neutral” rating on the stock.
• 6/4/2026 – Fastenal had its “buy” rating reaffirmed by Jefferies Financial Group Inc..
• 6/3/2026 – Fastenal was given a new $46.00 price target by Barclays PLC. They now have an “equal weight” rating on the stock.

Fastenal Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 25th. Stockholders of record on Tuesday, July 28th will be issued a $0.26 dividend. The ex-dividend date of this dividend is Tuesday, July 28th. This is a positive change from Fastenal’s previous quarterly dividend of $0.24. This represents a $1.04 annualized dividend and a dividend yield of 2.2%. Fastenal’s payout ratio is presently 88.14%.

Insider Activity

In related news, Director Michael J. Ancius sold 3,000 shares of the stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $49.00, for a total transaction of $147,000.00. Following the completion of the transaction, the director directly owned 58,690 shares of the company’s stock, valued at $2,875,810. This represents a 4.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.28% of the stock is currently owned by company insiders.

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.