Fastenal (FAST) to Release Earnings on Tuesday

Fastenal (NASDAQ:FAST) will likely be announcing its Q2 2026 results before the market opens on Tuesday, July 14th. Analysts expect the company to announce earnings of $0.33 per share and revenue of $2.3357 billion for the quarter. Individuals can check the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Tuesday, July 14, 2026 at 10:00 AM ET.

Fastenal (NASDAQ:FAST) last issued its quarterly earnings results on Monday, April 13th. The company reported $0.30 earnings per share for the quarter, hitting the consensus estimate of $0.30. The company had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.19 billion. Fastenal had a net margin of 15.39% and a return on equity of 33.25%. During the same quarter in the prior year, the company earned $0.52 EPS. Fastenal’s quarterly revenue was up 12.4% on a year-over-year basis. On average, analysts expect Fastenal to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Fastenal Trading Down 0.6%

Shares of Fastenal stock opened at $48.31 on Tuesday. The stock has a market cap of $55.46 billion, a PE ratio of 42.38, a price-to-earnings-growth ratio of 3.10 and a beta of 0.72. The firm has a fifty day moving average price of $45.39 and a 200 day moving average price of $44.92. The company has a debt-to-equity ratio of 0.03, a current ratio of 4.39 and a quick ratio of 2.34. Fastenal has a 1 year low of $38.97 and a 1 year high of $50.63.

Fastenal Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Tuesday, April 28th were issued a dividend of $0.24 per share. The ex-dividend date of this dividend was Tuesday, April 28th. This represents a $0.96 dividend on an annualized basis and a yield of 2.0%. Fastenal’s dividend payout ratio is 84.21%.

Analysts Set New Price Targets

A number of brokerages have weighed in on FAST. Robert W. Baird decreased their price objective on shares of Fastenal from $52.00 to $50.00 and set an “outperform” rating for the company in a research report on Tuesday, April 14th. JPMorgan Chase & Co. upped their price target on Fastenal from $46.00 to $47.00 and gave the stock a “neutral” rating in a report on Thursday, April 9th. Weiss Ratings reissued a “buy (b-)” rating on shares of Fastenal in a report on Friday, March 27th. Bank of America boosted their price objective on Fastenal from $48.00 to $55.00 in a research report on Monday, April 13th. Finally, Barclays upped their target price on Fastenal from $46.00 to $47.00 and gave the stock an “equal weight” rating in a research note on Monday. Five analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Fastenal presently has an average rating of “Hold” and an average target price of $47.15.

Institutional Trading of Fastenal

Several large investors have recently made changes to their positions in FAST. Brighton Jones LLC acquired a new position in Fastenal in the 4th quarter valued at about $496,000. Clark Capital Management Group Inc. increased its position in shares of Fastenal by 5.4% during the 4th quarter. Clark Capital Management Group Inc. now owns 5,040 shares of the company’s stock worth $202,000 after purchasing an additional 258 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in Fastenal by 117.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 4,480 shares of the company’s stock valued at $188,000 after buying an additional 2,416 shares during the period. MUFG Securities EMEA plc acquired a new position in Fastenal in the second quarter valued at about $142,000. Finally, Resources Management Corp CT ADV boosted its stake in Fastenal by 100.0% during the second quarter. Resources Management Corp CT ADV now owns 3,600 shares of the company’s stock worth $151,000 after buying an additional 1,800 shares during the period. 81.38% of the stock is currently owned by hedge funds and other institutional investors.

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.