Fastenal CompanyNasdaq: FAST
Industrials · Trading Companies & Distributors
$46.70
+7.28%
Vol: 558K
Research Digest
Monday, June 15, 2026
No significant overnight updates
No material news in the last 48 hours.
Previous Market Intelligence
13 daysJun 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.
May 11No significant overnight updatesNeutral▶
No material news in the last 48 hours. Most recent Fastenal items (Q1 FY26 results, dividend declaration, Mexico anniversary) are older than 48 hours.
May 8Fastenal Q1 beats on strong organic growth as business ramps upPositive▶
Fastenal reported Q1 2026 with daily sales up 12.4% YoY driven by share gains and broad-based demand across core end markets. Operating margin improved 20 bps to 20.3% despite customer mix headwinds. CEO noted business has been "slowly ramping up" since summer 2025. Operating cash flow was strong at $378M (111% of net income). The company returned $296M to shareholders through dividends and buybacks. Bank of America raised price target to $55 from $48, reflecting analyst optimism on sustained momentum and the gradual business acceleration underway.
May 7Fastenal reports solid Q1 FY26 with 12.4% daily sales growth and 20.3% operating margin, CEO says business slowly ramping upPositive▶
Fastenal reported Q1 2026 daily sales growth of 12.4% year-over-year driven by share gains and broad demand across core markets. Operating margin expanded 20 basis points to 20.3% reflecting cost discipline and operating leverage. Operating cash flow reached $378M or 111% of net income. The company returned $296M to shareholders through dividends and repurchases. CEO commentary indicates business has been gradually recovering since last summer. BofA raised price target to $55 from $48.
May 6Fastenal Q4 2025 shows 11.1% sales growth to $2.03B; digital footprint reaches 61.4% of salesPositive▶
Fastenal reported fiscal Q4 2025 sales increased 11.1% to $2.03 billion with strong ecommerce and managed inventory adoption by large contract customers offsetting softer demand from smaller accounts. Digital channels represented 61.4% of total 2025 sales ($5.09B). Company approved two equity compensation plans at shareholder meeting. Stock trading at $44.91, only 4% below analyst PT of $46.49. CEO noted business has been "slowly ramping up" since summer. Company faces margin pressures but maintains strong digital momentum. Key risks include continued demand softness from smaller customers and execution on next earnings which are due July 13, 2026.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| URIUNITED | $1,086.41 | +16.55% | -1.3% | 17.3x | 1.83 | $58.4B |
| FASTFASTENAL | $46.70 | +7.28% | -1.1% | 31.8x | 0.74 | $50.0B |
| CATCATERPILLAR | $933.44 | +7.79% | +0.2% | 29.1x | 1.63 | $398.8B |
| GEGENERAL | $346.55 | +14.84% | +5.5% | 34.8x | 1.35 | $315.3B |
| GEVGE | $960.63 | -7.97% | +3.1% | 42.6x | 1.31 | $280.5B |
| RTXRTX | $184.05 | +4.59% | +0.0% | 23.3x | 0.30 | $237.0B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price above both MAs — bullish structure.