Fastenal CompanyNasdaq: FAST
Industrials · Trading Companies & Distributors
$45.92
+2.32%
Vol: 4.0M
Research Digest
Friday, June 19, 2026
No significant overnight updates
No material news in the last 48 hours.
Previous Market Intelligence
13 daysJun 18No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 17No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 16No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 15No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 14Fastenal expanded its board of directors from eleven to twelve members, a minor governance update with no immediate financial impact.Neutral▶
On June 12, 2026, Fastenal Company announced it expanded its board of directors from eleven to twelve members, a routine governance change. The move comes against a backdrop of solid fundamentals: Q1 FY2026 net sales grew 12.4% year-over-year with net income up 13.8% and operating margin of 20.3%. Management has flagged tariff-related cost pressures, particularly on petroleum-based products, as a potential headwind to margins. The company is also investing in capacity, having announced a new Southeast US distribution center in Carrollton, Georgia. The board expansion itself is not a material catalyst but reflects ongoing corporate housekeeping. The key risk remains slowing revenue growth and tariff-driven input cost inflation.
May 21No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 20No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 19Fastenal $0.24 quarterly dividend paid May 26; May sales release scheduled June 4.Neutral▶
Fastenal's $0.24 quarterly dividend (raised from $0.22) is payable May 26 to shareholders of record April 28. May 2026 sales release is scheduled for June 4 at 6 a.m. CT. Q1 net sales grew 12.4% YoY to a 20.3% operating margin, but the stock has declined over the past month amid concerns about tightening margins. Stock around $43.77-$44.71 in early May, with technical analysis showing mixed signals (double-bottom buy signal vs other negative indicators). No material overnight news in the last 48 hours.
May 18No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 15Fastenal received Baird price-target hike to $51 on May 7 amid Hold consensus with stock near $44.74 and 12.4% revenue growth offset by margin pressure.Neutral▶
Fastenal closed near $44.74 with a market cap of $51.32B, gaining 0.86% on May 6 to $44.71. On May 7, 2026, Baird raised its price target to $51 from $50. Recent earnings showed 12.4% revenue growth, though margins are tightening; the consensus rating is Hold. Shareholders approved new employee RSU and director stock plans at the April 23 annual meeting. The next dividend of $0.24/share pays May 26, 2026, and the next earnings date is July 13, 2026. Risk: margin compression and Hold consensus suggest limited near-term upside.
May 14No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 13No significant overnight updatesNeutral▶
No material news in the last 48 hours. Q1 2026 earnings, dividend declaration, and analyst reaction predate the 48-hour window.
May 12Fastenal Q1 daily sales +12.4% with 20.3% operating margin; Baird cuts PT to $50 with OutperformPositive▶
Fastenal reported Q1 2026 daily sales up 12.4% YoY driven by share gains and broad-based demand. Operating margin was 20.3% (up 20 bps) reflecting operating leverage and cost discipline despite an unfavorable customer mix shift. The company returned $296 million to shareholders via dividends and buybacks. CEO commentary indicated the business has been "slowly ramping up" since last summer. Robert W. Baird reduced its price target to $50 from $52 while keeping an Outperform rating. Consensus PT is $49.77 with 13 firms split: 5 Buy / 6 Hold / 2 Sell. Stock trades at $44.71.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| URIUNITED | $1,078.19 | +2.79% | — | 20.4x | 1.79 | $68.8B |
| FASTFASTENAL | $45.92 | +2.32% | — | 35.4x | 0.71 | $55.8B |
| CATCATERPILLAR | $991.23 | +3.69% | — | 32.0x | 1.56 | $443.8B |
| GEGENERAL | $359.14 | +0.59% | — | 43.4x | 1.35 | $394.4B |
| GEVGE | $1,111.86 | +6.01% | — | 45.4x | 0.94 | $299.1B |
| RTXRTX | $186.23 | -3.30% | — | 26.3x | 0.30 | $268.3B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price above both MAs — bullish structure.