B. Metzler seel. Sohn & Co. AG Invests $33.12 Million in Fastenal Company $FAST
B. Metzler seel. Sohn & Co. AG recently acquired a new position in Fastenal Company (NASDAQ:FAST), purchasing 689,676 shares valued at approximately $33.12 million. Other institutional investors have also made new investments in Fastenal, while some directors have sold shares. The company reported strong Q2 earnings, exceeding revenue estimates, and increased its quarterly dividend.
Bank of New York Mellon Corp Takes Position in Fastenal Company $FAST
Bank of New York Mellon Corp has acquired a significant new position in Fastenal Company, purchasing over 17.8 million shares valued at approximately $859 million, representing 1.56% of the company. Other institutional investors have also adjusted their holdings. Fastenal recently reported strong quarterly earnings, beating revenue expectations and increasing its quarterly dividend, while some insiders have sold shares.
Is Fastenal (FAST) Stock Stretched Or Still Reasonable Today?
Fastenal (FAST) stock has delivered a strong 105.3% return over the past 5 years, but current valuations suggest it is expensive, trading at 43.0x earnings compared to an industry average of 27.3x. Simply Wall St's analysis indicates the stock is overvalued, passing 0 of 6 valuation checks, implying that its current price reflects significant future growth and profitability expectations. The article presents both bull and bear cases, highlighting the ongoing debate about the company's valuation.
Q3 EPS Estimates for W.W. Grainger Reduced by Zacks Research
Zacks Research has lowered its Q3 2026 EPS estimate for W.W. Grainger (NYSE:GWW) to $11.46 from $11.64, although the company recently surpassed Q2 earnings expectations with an EPS of $12.01 and maintained its full-year guidance. Analyst sentiment remains largely cautious with a "Hold" rating, but Zacks also increased long-term EPS forecasts for FY2026, FY2027, and FY2028, reflecting improving expectations for future growth. Grainger also announced a quarterly dividend of $2.49 per share and opened a new distribution center, despite its shares trading at a high P/E ratio and near their 50-day moving average.
Madison Asset Management LLC Acquires Shares of 209,174 Fastenal Company $FAST
Madison Asset Management LLC reported acquiring a new position of 209,174 shares in Fastenal Company (NASDAQ:FAST) during the second quarter, valued at approximately $10,047,000. Other institutional investors also adjusted their holdings in Fastenal. The article also details recent insider stock sales, financial performance metrics, and a declared quarterly dividend increase for Fastenal.
NewEdge Wealth LLC Takes Position in Fastenal Company $FAST
NewEdge Wealth LLC acquired a new stake in Fastenal Company (NASDAQ:FAST) during the second quarter, purchasing 136,014 shares valued at approximately $6.5 million. Despite this, Fastenal insiders have recently sold shares, holding only 0.28% of the stock. Analysts currently hold a "Hold" rating for Fastenal with an average price target of $49.17, while the company recently increased its quarterly dividend to $0.26 per share.
202,919 Shares in Fastenal Company $FAST Acquired by Wealthfront Advisers LLC
Wealthfront Advisers LLC acquired a new stake of 202,919 shares in Fastenal Company (NASDAQ:FAST) during the second quarter, valued at approximately $9.75 million. Several other institutional investors also increased their holdings. Analysts have issued varied ratings, with a consensus "Hold" and a target price of $49.17, while company insiders have recently sold shares.
E Fund Management Co. Ltd. Invests $2.12 Million in Fastenal Company $FAST
E Fund Management Co. Ltd. has purchased a new stake of 44,231 shares, valued at approximately $2.12 million, in Fastenal Company (NASDAQ:FAST) during the second quarter. Fastenal reported strong quarterly results with revenue of $2.39 billion, exceeding expectations, and increased its quarterly dividend to $0.26 per share. Despite recent insider selling, analysts maintain a "Hold" rating for Fastenal with an average price target of $49.17.
Danske Bank A S Acquires Shares of 726,037 Fastenal Company $FAST
Danske Bank A S has acquired a significant new stake in Fastenal Company (NASDAQ:FAST), purchasing 726,037 shares valued at approximately $34.87 million. Other institutional investors also adjusted their positions in Fastenal, which saw its stock trading up 0.3% and recently increased its quarterly dividend. The article also details recent insider stock sales and updated analyst ratings for the company.
Walgreens, Petco and US Foods join SPS Commerce's initial 50 honorees
SPS Commerce announced its inaugural "Top Supply Chain Leaders" list, recognizing 50 operational leaders from across the U.S. and Canada for their innovation and excellence in supply chain management. Companies like Walgreens, US Foods, Petco, and Ace Hardware are among those honored for navigating disruptions and transforming operations with AI. This initiative aims to highlight the crucial role these leaders play in the evolving supply chain landscape.
Meeder Advisory Services Inc. Invests $1.90 Million in Fastenal Company $FAST
Meeder Advisory Services Inc. has acquired a new stake of 39,563 shares, valued at approximately $1.90 million, in Fastenal Company (NASDAQ:FAST) during the second quarter. Other institutional investors have also recently adjusted their holdings in Fastenal. The article also details recent insider stock sales, Fastenal's financial performance, and its latest dividend increase.
Mitsubishi UFJ Asset Management Co. Ltd. Makes New $143.71 Million Investment in Fastenal Company $FAST
Mitsubishi UFJ Asset Management Co. Ltd. has made a significant new investment of $143.71 million in Fastenal Company, acquiring nearly 3 million shares. This move makes them a substantial institutional investor, now owning approximately 0.26% of Fastenal. The article also details other institutional investment changes, recent insider trading activity, Fastenal's financial performance, and analyst ratings, highlighting the company's dividend increase and a "Hold" consensus rating among analysts.
Citizens Financial Group Inc. RI Acquires Shares of 20,446 Fastenal Company $FAST
Citizens Financial Group Inc. RI has acquired a new stake of 20,446 shares in Fastenal Company (NASDAQ:FAST), valued at approximately $982,000. Other institutional investors have also recently bought shares, with 81.38% of the stock owned by institutional investors and hedge funds. Fastenal recently reported strong quarterly earnings, increased its quarterly dividend, and has seen some insider selling activity, while analysts have a "Hold" consensus rating with an average target price of $49.17.
Deutsche Bank AG Invests $239.28 Million in Fastenal Company $FAST
Deutsche Bank AG has acquired a new position in Fastenal Company, purchasing 4,981,867 shares valued at approximately $239.28 million, representing 0.43% of the company. Other institutional investors have also adjusted their holdings in Fastenal. The article also provides details on Fastenal's financial performance, analyst ratings, dividend increase, and recent insider trading activity.
BlackRock Inc. Invests $5.11 Billion in Fastenal Company $FAST
BlackRock Inc. has acquired a significant new stake in Fastenal Company (NASDAQ:FAST), purchasing over 106 million shares valued at approximately $5.11 billion, representing 9.26% of the company. Other institutional investors have also modified their holdings, with 81.38% of Fastenal stock owned by institutions and hedge funds. Fastenal recently reported strong earnings, increased its quarterly dividend, and has received varied analyst ratings, though the average recommendation is "Hold."
Stronger Q2 Results, Dividend And Buybacks Could Be A Game Changer For Global Industrial (GIC)
Global Industrial Company (GIC) reported strong Q2 2026 results with higher sales and net income, reaffirmed its dividend, and continued share repurchases. Management is also building an M&A pipeline to accelerate growth. While these actions reinforce the near-term earnings story, the long-term impact will depend on how margin pressures and the balance between reinvestment and shareholder returns evolve.
Fastenal stock trades near its 52-week high as institutional buying follows solid Q2 growth
Fastenal Co. (ISIN US3119001044) stock is trading near its 52-week high, supported by strong Q2 2026 revenue growth of 14.7% and increased institutional interest. The company reported EPS of $0.33, matching estimates, and revenue of $2.39 billion, exceeding forecasts. Fastenal also increased its quarterly dividend to $0.26 per share, indicating management's confidence in sustained cash flows.
Meeder Asset Management Inc. Buys New Shares in W.W. Grainger, Inc. $GWW
Meeder Asset Management Inc. acquired a new position in W.W. Grainger, Inc. (NYSE:GWW) during the second quarter, purchasing 8,520 shares valued at approximately $11.6 million. Institutional investors collectively own 80.70% of the company. W.W. Grainger recently surpassed quarterly earnings expectations and declared a quarterly dividend of $2.49 per share.
UNIVEST FINANCIAL Corp Invests $1.28 Million in Fastenal Company $FAST
UNIVEST FINANCIAL Corp has purchased a new stake of 26,673 shares in Fastenal Company (NASDAQ:FAST) valued at approximately $1.28 million during the second quarter. Other institutional investors like BlackRock Inc., State Street Corp, and Charles Schwab Investment Management Inc. have also significantly modified their holdings in Fastenal. The article also details recent insider stock sales, analyst ratings, Fastenal's financial performance, and its latest dividend increase.
Perigon Wealth Management LLC Takes Position in Fastenal Company $FAST
Perigon Wealth Management LLC has acquired a new position in Fastenal Company (NASDAQ:FAST), purchasing 46,764 shares valued at approximately $2.25 million during the second quarter. Several other institutional investors also adjusted their holdings in Fastenal. The article details Fastenal's stock performance, recent earnings, dividend increase, insider transactions, and analyst ratings, noting a consensus "Hold" rating with a target price of $49.17.
4,633,213 Shares in W.W. Grainger, Inc. $GWW Purchased by BlackRock Inc.
BlackRock Inc. recently acquired 4,633,213 shares of W.W. Grainger, Inc. (NYSE:GWW), valued at approximately $6.3 billion, securing a 9.84% stake in the company. W.W. Grainger exceeded its quarterly earnings and revenue expectations and announced a quarterly dividend of $2.49 per share. Despite strong performance, analysts currently hold a "Hold" rating for the stock with an average price target of $1,274.12.
OneDigital Investment Advisors LLC Takes $1.50 Million Position in Fastenal Company $FAST
OneDigital Investment Advisors LLC has acquired a new position in Fastenal Company, purchasing 31,299 shares valued at approximately $1.50 million during the second quarter. Fastenal, a wholesale distributor of industrial and construction supplies, reported matching quarterly EPS estimates and a 14.7% year-over-year revenue increase, along with an increased quarterly dividend. The company holds a "Hold" consensus rating from analysts, with institutional investors owning 81.38% of its stock.
Plato Investment Management Ltd Invests $1.16 Million in Fastenal Company $FAST
Plato Investment Management Ltd recently acquired a new stake in Fastenal Company (NASDAQ:FAST), purchasing 24,200 shares valued at approximately $1.16 million during the second quarter. This investment comes as other hedge funds have also increased their holdings in Fastenal, with institutional investors and hedge funds now owning 81.38% of the stock. Fastenal recently reported strong quarterly earnings, hitting analyst estimates with $0.33 EPS and increasing revenue by 14.7% year-over-year, and also boosted its quarterly dividend.
Grandfield & Dodd LLC Makes New $2.51 Million Investment in Fastenal Company $FAST
Grandfield & Dodd LLC recently invested $2.51 million in Fastenal Company, acquiring 52,228 shares during the second quarter. Other institutional investors like BlackRock Inc. also made significant investments, bringing total institutional ownership to 81.38%. The article also details analyst ratings, stock performance, recent earnings, an increased dividend, and insider trading activities for Fastenal.
49,629 Shares in Fastenal Company $FAST Purchased by Commerzbank Aktiengesellschaft FI
Commerzbank Aktiengesellschaft FI recently acquired a new position in Fastenal Company (NASDAQ:FAST), purchasing 49,629 shares valued at approximately $2,384,000 during the second quarter. This comes amidst other institutional investor activities and insider selling, with directors Rita J. Heise and Michael J. Ancius selling shares totaling over $1.8 million. Fastenal also increased its quarterly dividend to $0.26 per share, resulting in a 2.0% annualized yield.
B & T Capital Management DBA Alpha Capital Management Takes $6.56 Million Position in Fastenal Company $FAST
B & T Capital Management DBA Alpha Capital Management has acquired a new position in Fastenal Company (NASDAQ:FAST) valued at approximately $6.56 million. Other institutional investors like BlackRock Inc. and Bank of New York Mellon Corp also made significant investments in Fastenal. Insider transactions show directors Michael J. Ancius and Rita J. Heise recently sold shares of the company.
Is Fastenal (FAST) Outperforming Other Industrial Products Stocks This Year?
Fastenal (FAST) has shown strong year-to-date performance, returning 27.7% compared to the Industrial Products sector's average of 20.4%. The company holds a Zacks Rank of #2 (Buy), reflecting improving analyst sentiment and a positive earnings outlook. Another stock, Kubota Corp. (KUBTY), also outperformed the sector, returning 20.5% with a Zacks Rank #2 (Buy).
Fastenal EVP Papenfuss sells $475,758 in company stock By Investing.com
Donnalee Kathleen Papenfuss, EVP of Strategy and Communication at Fastenal Co, sold 9,258 shares of company stock for $475,758 after exercising employee stock options. The transactions occurred while Fastenal shares traded near their 52-week high, despite an InvestingPro analysis suggesting the company is overvalued. Separately, Fastenal reported Q2 2026 earnings that met profit forecasts and exceeded revenue expectations, though analysts noted ongoing margin pressures.
Fastenal EVP Donnalee Papenfuss Executes Stock Options and Sells Shares in August 2026
Fastenal Co's EVP of Strategy and Communication, Donnalee Kathleen Papenfuss, exercised stock options for 9,258 shares (1,364 and 7,894 shares) on August 13, 2026, and immediately sold all of them for approximately $51.40 per share. After these transactions, she holds no direct shares, but retains 811 shares indirectly through the company's 401(K) Plan, with the larger option having been adjusted for a 2-for-1 stock split in May 2025.
Fastenal Stock Climbs 14% in a Month: Buy the High Now or Wait?
Fastenal (FAST) stock has risen 14% in the past month, outperforming its industry and the S&P 500, driven by strong Q2 2026 results with increased earnings and sales. The company's growth is attributed to technology-driven customer relationships, favorable pricing, and strong demand, despite challenges like unfavorable price-cost dynamics and inflation. While Fastenal shows strong prospects, its premium valuation and near-term margin pressures suggest investors might want to wait for a more attractive entry point, earning it a Zacks Rank #3 (Hold).
Fastenal EVP Papenfuss sells $475,758 in company stock By Investing.com
Fastenal's EVP of Strategy and Communication, Donnalee Kathleen Papenfuss, sold 9,258 shares of company stock worth $475,758 after exercising employee options. These transactions occurred while Fastenal shares traded near their 52-week high, with the company appearing overvalued according to InvestingPro. Despite strong sales growth, analysts have expressed mixed outlooks due to margin pressures and a negative price-cost gap.
Fastenal (NASDAQ: FAST) director holds 58,290 shares after gift
Fastenal director Michael J. Ancius reported a bona fide gift of 400 shares of common stock on August 13, 2026. Following this transaction, Ancius directly owns 58,290 shares, including holdings in a revocable trust and a self-directed IRA, and indirectly holds an additional 13,008 shares in a 401(k) plan. The transaction was a non-cash disposition and not associated with a 10b5-1 trading plan.
Fastenal Stock Climbs 14% in a Month: Buy the High Now or Wait?
Fastenal's stock has climbed 14% in the past month, outperforming industry benchmarks, driven by strong Q2 2026 results with increased earnings and sales, and growth in technology-driven customer relationships. However, the company faces headwinds from unfavorable price-cost dynamics, transportation expenses, and inflation. Despite its growth momentum and robust operating leverage, its premium valuation compared to peers suggests investors might consider waiting for a more attractive entry point, as indicated by its Zacks Rank #3 (Hold).
Fastenal EVP Papenfuss sells $475,758 in company stock
Fastenal Co's EVP, Donnalee Kathleen Papenfuss, sold 9,258 shares of company stock for $475,758 after exercising employee stock options. The transactions occurred with the stock trading near its 52-week high, reflecting recent strong performance and dividend history. This follows Fastenal's Q2 2026 earnings report, which met profit forecasts and surpassed revenue expectations, though analysts noted ongoing margin pressures.
Compass Capital Management Inc. Takes $58.77 Million Position in Fastenal Company $FAST
Compass Capital Management Inc. has acquired a new position of 1.22 million shares in Fastenal Company (NASDAQ:FAST) valued at approximately $58.77 million, making it their sixth-largest holding. Fastenal recently reported quarterly EPS of $0.33, in line with estimates, and revenue growth of 14.7% year-over-year to $2.39 billion, while also increasing its quarterly dividend. The stock opened at $51.02, near its 52-week high, with analysts maintaining a consensus "Hold" rating and institutional investors owning 81.38% of the company.
Fastenal stock holds above $51 as Q2 2026 growth outpaces peers
Fastenal Co. (FAST) stock is trading above $51 after a strong Q2 2026 earnings report showed double-digit revenue growth of 14.7% year-on-year, outpacing many peers in the maintenance and repair distribution sector. Despite this performance and solid year-to-date gains, analysts' consensus price target suggests limited upside, with the current stock price exceeding the average target. The company's growth is attributed to expanding digital and on-site solutions and large contract customers, though margin compression remains a concern.
DXP Enterprises (DXPE) Following Earnings Gains Looks Pricey Under The Leading Valuation View
DXP Enterprises (DXPE) recently reported strong Q2 2026 earnings with increased sales and net income, leading to significant share price momentum. However, despite this positive performance, Simply Wall St's valuation model suggests the stock is currently overvalued at $200.84, with a fair value of $170. The valuation considers both the company's robust acquisition pipeline and diversification efforts, as well as potential risks like dependence on energy projects and integration challenges.
GSA Capital Partners LLP Takes Position in Fastenal Company $FAST
GSA Capital Partners LLP acquired a new stake of 30,155 shares in Fastenal Company (NASDAQ:FAST) during the second quarter, valued at approximately $1.448 million. Other institutional investors have also significantly adjusted their holdings, with Norges Bank and Wellington Management Group LLP making large purchases. Despite recent insider selling by directors Rita J. Heise and Michael J. Ancius, analysts maintain a consensus "Hold" rating on Fastenal, with the company recently increasing its quarterly dividend.
Flputnam Investment Management Co. Acquires Shares of 75,974 Fastenal Company $FAST
Flputnam Investment Management Co. recently acquired 75,974 shares of Fastenal Company (NASDAQ:FAST), valued at approximately $3.65 million. This acquisition is part of broader institutional investment, with 81.38% of Fastenal's stock held by institutional investors and hedge funds. Fastenal reported strong quarterly results with $2.39 billion in revenue and raised its quarterly dividend to $0.26, despite some recent insider share sales.
Oppenheimer Asset Management Inc. Takes $10.85 Million Position in Fastenal Company $FAST
Oppenheimer Asset Management Inc. recently acquired a new stake in Fastenal Company (NASDAQ:FAST) during the second quarter, purchasing 225,805 shares valued at approximately $10.85 million. Other institutional investors have also increased their positions in Fastenal, which currently has an average analyst rating of "Hold" and a target price of $49.17. Despite some insider selling, the company recently increased its quarterly dividend to $0.26 per share, reflecting a 2.0% annual yield.
Bryn Mawr Trust Advisors LLC Acquires New Holdings in Fastenal Company $FAST
Bryn Mawr Trust Advisors LLC has acquired a new position in Fastenal Company (NASDAQ:FAST), purchasing 125,462 shares valued at approximately $6.0 million during the second quarter. This move comes as institutional investors collectively own 81.38% of Fastenal's stock. The company recently reported quarterly earnings that met estimates and revenue that exceeded expectations, alongside an increase in its quarterly dividend.
McGrath RentCorp (MGRC) Stock Looks Fairly Valued With Rental Demand In Focus
McGrath RentCorp (MGRC) stock is currently valued as roughly fair, with a P/E ratio of 19.3x, which is below the industry average. Despite a 93.1% return over the past five years, its 2.5% return in the last year lags behind peers. The company's future valuation depends on sustained rental demand and capital efficiency.
Here’s How Much You Would Have Made Owning Fastenal Stock In The Last 10 Years
Fastenal Company (NASDAQ: FAST) has shown significant outperformance over the last decade, with an average annual return of 16.61%, surpassing the market by 3.11%. An initial investment of $1000 in FAST stock 10 years ago would now be worth $4,679.66. This demonstrates the substantial impact of compounded returns on investment growth over time.
Tema ETFs LLC Sells 48,552 Shares of Fastenal Company $FAST
Tema ETFs LLC significantly reduced its stake in Fastenal Company (NASDAQ:FAST) by 68.2% in the second quarter, selling 48,552 shares and retaining 22,629 shares valued at $1.09 million. Despite mixed analyst ratings, Fastenal reported strong quarterly revenue of $2.39 billion, a 14.7% year-over-year increase, and matched earnings estimates at $0.33 per share, subsequently raising its quarterly dividend to $0.26 per share. Institutional investors collectively own 81.38% of the company's stock, while company insiders hold 0.28%.
Do Fastenal’s (FAST) Mixed Reactions to Solid Revenue Hint at Limits of Its Digital Strategy?
Fastenal (FAST) reported Q2 2026 results with in-line earnings but stronger-than-expected revenue, leading to mixed analyst reactions and a consensus "Hold" rating. While the revenue beat supports its investment case for digital and supply-chain initiatives, concerns about margin pressure, inventory, costs, and e-commerce competition persist. The article suggests that Fastenal's ability to maintain strong returns depends on these initiatives despite ongoing challenges, with its fair value estimated at $47.68, a 9% downside from its current price.
Applied Industrial Technologies Reports Record Sales, Earnings
Applied Industrial Technologies reported record sales and earnings for its fiscal fourth quarter and full fiscal year, exceeding expectations. The company saw significant organic sales growth across both its Service Center and Engineering Solutions segments. Applied also set new intermediate financial targets, anticipating continued strong growth and improved EBITDA margins over the next five years.
FASTENAL CO SEC Filing (Aug 13, 2026)
This article details a Form 144 SEC filing by Fastenal Co. on August 13, 2026. The filing indicates a proposed sale of 9,258 shares of common stock through a stock option exercise, with an aggregate market value of $475,758.19. The transaction was handled by Morgan Stanley Smith Barney LLC.
Fastenal Co. stock underperforms Thursday when compared to competitors
Fastenal Co. (FAST) stock decreased by 1.69% on Thursday, closing at $51.34, even as the broader market saw gains with the S&P 500 Index (SPX) and Dow Jones Industrial Average (DJIA) rising. This marks the second consecutive day of losses for the company's stock.
Fastenal Company (NASDAQ:FAST) Given Consensus Rating of "Hold" by Brokerages
Fastenal Company (NASDAQ:FAST) has received a consensus "Hold" rating from brokerages, with an average 12-month price target of $49.17. The company's recent quarterly earnings met expectations with $0.33 EPS and $2.39 billion in revenue, representing a 14.7% year-over-year increase. Fastenal also raised its quarterly dividend to $0.26 per share, resulting in a 2.0% annualized yield, although two directors recently sold shares.
Do Fastenal’s (FAST) Mixed Reactions to Solid Revenue Hint at Limits of Its Digital Strategy?
Fastenal (FAST) recently reported quarterly results with revenue exceeding forecasts and earnings matching expectations, yet analysts largely maintain a cautious "Hold" rating. This dichotomy raises questions about the effectiveness of Fastenal's digital strategy amidst mixed industrial demand, cost pressures, and e-commerce competition. The article suggests that while strong revenue supports the company's investment case, the persistent analyst caution highlights ongoing risks, prompting investors to consider whether the latest results reinforce or challenge more aggressive growth projections.
