Fastenal (FAST) – Investment Analysts’ Weekly Ratings Updates

Several analysts have recently updated their ratings and price targets for Fastenal (NASDAQ: FAST):

• 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 business also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 25th. Investors of record on Tuesday, July 28th will be issued a dividend of $0.26 per share. 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 currently 84.21%.

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.