Fastenal upgraded by Jefferies with a new price target
$FAST
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Consumer Discretionary
Jefferies upgraded Fastenal from Hold to Buy and set a new price target of $52.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/13/2026 | $55.00 | Buy | Rothschild & Co Redburn |
| 6/16/2026 | $46.00 | Neutral | DA Davidson |
| 12/15/2025 | $52.00 | Hold → Buy | Jefferies |
| 11/13/2025 | Underperform → Peer Perform | Wolfe Research | |
| 11/12/2025 | $38.00 | Underperform | Bernstein |
| 10/8/2025 | $49.00 | Equal Weight | Barclays |
| 8/21/2025 | Neutral | Northcoast | |
| 8/7/2025 | $55.00 | Neutral → Outperform | Robert W. Baird |
3/A - FASTENAL CO (0000815556) (Issuer)
3/A - FASTENAL CO (0000815556) (Issuer)
3/A - FASTENAL CO (0000815556) (Issuer)
Daily sales increased 14.7% year-over-year, primarily driven by share gains with larger customers, pricing actions, and broad-based demand across core end markets. Operating margin was 21.0%, consistent year-over-year, as selling, general, and administrative expense leverage fully offset gross margin headwinds, which were primarily related to unfavorable price/cost. Operating cash flow was $266 million, representing 69% of net income, reflecting the timing of working capital changes associated with strong sales growth. Returned $305 million to shareholders through dividends and share repurchases, representing 80% of net income. Continued progress on strategic initiatives, inclu
Fastenal Company (NASDAQ:FAST) ('Fastenal,' 'we,' 'our,' or 'us') reported its board of directors declared a dividend of $0.26 per share to be paid in cash on August 25, 2026 to shareholders of record at the close of business on July 28, 2026. Except for share and per share information, dollar amounts are stated in millions. We began paying annual dividends in 1991, semi-annual dividends in 2003, and then expanded to quarterly dividends in 2011. In addition to these regular dividend payments, we have previously paid special one-time dividends in December 2008, December 2012, December 2020, and December 2023. Our board of directors currently intends to continue paying quarterly dividends,
Fastenal Company (NASDAQ:FAST) is proud to announce the publication of its 2026 Impact Report. The report, which covers the year ended December 31, 2025, highlights Fastenal's initiatives and impacts in pursuit of three objectives: empowering people, preserving our world, and serving as a trusted partner. The report reflects the creativity and hard work of Fastenal's team members as they continually push for improvements in areas like sustainability, governance, safety, employee development, customer solutions, and community engagement. A central theme is Fastenal's maturing greenhouse gas (GHG) reporting capabilities. In 2025, the team achieved important milestones in the journey to im
4/A - FASTENAL CO (0000815556) (Issuer)
4 - FASTENAL CO (0000815556) (Issuer)
4 - FASTENAL CO (0000815556) (Issuer)
8-K/A - FASTENAL CO (0000815556) (Filer)
10-Q - FASTENAL CO (0000815556) (Filer)
S-8 - FASTENAL CO (0000815556) (Filer)
Rothschild & Co Redburn initiated coverage of Fastenal with a rating of Buy and set a new price target of $55.00
DA Davidson initiated coverage of Fastenal with a rating of Neutral and set a new price target of $46.00
Jefferies upgraded Fastenal from Hold to Buy and set a new price target of $52.00
Fastenal Company (NASDAQ:FAST) (the 'Company' or 'Fastenal') announced today that Daniel L. Florness communicated to the Board of Directors on December 19, 2025 his decision to step out of his role as Chief Executive Officer (CEO) of Fastenal on July 16, 2026. On December 19, 2025, Fastenal's Board appointed Jeffery M. Watts, Fastenal's current President and Chief Sales Officer, to succeed Mr. Florness as Fastenal's CEO effective as of July 16, 2026. "The Board of Directors would like to recognize Dan for his impressive 30 years of service to Fastenal and commend him on the shareholder value he has helped create while CEO over the past 10 years," said Scott Satterlee, Fastenal's Board Cha
Fastenal Company (NASDAQ:FAST) (the 'Company' or 'Fastenal') has appointed Jeff Watts, a 28-year Company veteran with deep global sales experience, to the position of President and Chief Sales Officer, effective August 1, 2024. Mr. Watts will assume the President role from Dan Florness, who will be voluntarily vacating the President position on the effective date. Mr. Florness will continue to serve as Fastenal's CEO and as a member of its Board of Directors. In addition to serving as President, Mr. Watts will continue in his role as the Company's Chief Sales Officer (CSO), a position he has held since May 2023. As CSO, his responsibilities include establishing priorities, setting goals,
Imperial Dade, a leading distributor of foodservice packaging supplies, industrial products, and janitorial supplies, today announced that it has appointed Terry Owen to the newly created role of Chief Operating Officer. In this role, Mr. Owen will draw on his deep operations experience to further strengthen Imperial Dade's ability to deliver industry-leading customer service. "Given Imperial Dade's tremendous growth, it is the right time to bring a world-class operations leader on board to drive the execution of our business strategy and goals," said Jason Tillis, CEO of Imperial Dade. "We are thrilled to have Terry join our leadership team, as he will play a pivotal role in helping us f
Daily sales increased 14.7% year-over-year, primarily driven by share gains with larger customers, pricing actions, and broad-based demand across core end markets. Operating margin was 21.0%, consistent year-over-year, as selling, general, and administrative expense leverage fully offset gross margin headwinds, which were primarily related to unfavorable price/cost. Operating cash flow was $266 million, representing 69% of net income, reflecting the timing of working capital changes associated with strong sales growth. Returned $305 million to shareholders through dividends and share repurchases, representing 80% of net income. Continued progress on strategic initiatives, inclu
Fastenal Company (NASDAQ:FAST) ('Fastenal,' 'we,' 'our,' or 'us') reported its board of directors declared a dividend of $0.26 per share to be paid in cash on August 25, 2026 to shareholders of record at the close of business on July 28, 2026. Except for share and per share information, dollar amounts are stated in millions. We began paying annual dividends in 1991, semi-annual dividends in 2003, and then expanded to quarterly dividends in 2011. In addition to these regular dividend payments, we have previously paid special one-time dividends in December 2008, December 2012, December 2020, and December 2023. Our board of directors currently intends to continue paying quarterly dividends,
Fastenal Company (NASDAQ:FAST) ('Fastenal,' 'we,' 'our,' or 'us') announced the date and time for its conference call to review 2026 second quarter results, as well as current operations. The conference call will be broadcast live over the Internet on Tuesday, July 14, 2026, at 9:00 a.m. central time. To access the call, please visit the following Web address: https://investor.fastenal.com/events.cfm Our conference call presentation (which includes information, supplemental to that contained in our earnings announcement, regarding results for the quarter) will be available at 6:00 a.m., central time, on the day of the conference call. To access the presentation, please visit the follo
SC 13G/A - FASTENAL CO (0000815556) (Subject)
SC 13G/A - FASTENAL CO (0000815556) (Subject)
SC 13G/A - FASTENAL CO (0000815556) (Subject)