Fastenal Company $FAST Shares Purchased by Savant Capital LLC

01 Jun 2026, 11:48 by Michael Walen · The Markets Daily

Savant Capital LLC increased its position in shares of Fastenal Company (NASDAQ:FAST – Free Report) by 103.9% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 42,888 shares of the company’s stock after purchasing an additional 21,852 shares during the quarter. Savant Capital LLC’s holdings in Fastenal were worth $1,721,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in Fastenal by 1.6% during the third quarter. Vanguard Group Inc. now owns 151,515,539 shares of the company’s stock worth $7,430,322,000 after purchasing an additional 2,346,045 shares during the last quarter. National Pension Service raised its holdings in Fastenal by 3.6% during the third quarter. National Pension Service now owns 1,558,579 shares of the company’s stock worth $76,433,000 after purchasing an additional 53,888 shares during the last quarter. Franklin Resources Inc. raised its holdings in Fastenal by 1.2% during the third quarter. Franklin Resources Inc. now owns 7,387,472 shares of the company’s stock worth $362,282,000 after purchasing an additional 90,095 shares during the last quarter. BlueStem Wealth Partners LLC acquired a new position in Fastenal during the third quarter worth $634,000. Finally, Arjuna Capital acquired a new position in Fastenal during the third quarter worth $3,999,000. 81.38% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently weighed in on FAST. Weiss Ratings reissued a “buy (b-)” rating on shares of Fastenal in a report on Friday, March 27th. Robert W. Baird cut their price target on Fastenal from $52.00 to $50.00 and set an “outperform” rating for the company in a report on Tuesday, April 14th. Barclays boosted their price target on Fastenal from $44.00 to $45.00 and gave the stock an “equal weight” rating in a report on Thursday, April 16th. Morgan Stanley reissued a “positive” rating and issued a $45.00 price target on shares of Fastenal in a report on Thursday, March 5th. Finally, JPMorgan Chase & Co. boosted 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. Five investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $49.77.

Check Out Our Latest Stock Report on FAST

Insider Buying and Selling

In related news, Director Reyne K. Wisecup sold 36,920 shares of the company’s stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $47.34, for a total value of $1,747,792.80. Following the completion of the transaction, the director directly owned 40,000 shares in the company, valued at approximately $1,893,600. This represents a 48.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.28% of the company’s stock.

Fastenal Stock Performance

NASDAQ FAST opened at $44.20 on Monday. Fastenal Company has a fifty-two week low of $38.97 and a fifty-two week high of $50.63. The stock has a market cap of $50.74 billion, a price-to-earnings ratio of 38.77, a price-to-earnings-growth ratio of 2.82 and a beta of 0.73. The business has a fifty day moving average of $44.96 and a 200-day moving average of $43.85. The company has a quick ratio of 2.34, a current ratio of 4.39 and a debt-to-equity ratio of 0.03.

Fastenal (NASDAQ:FAST – Get Free Report) last released its quarterly earnings results on Monday, April 13th. The company reported $0.30 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.30. The company had revenue of $2.20 billion during the quarter, compared to analysts’ expectations of $2.19 billion. Fastenal had a return on equity of 33.25% and a net margin of 15.39%.The business’s revenue for the quarter was up 12.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.52 earnings per share. As a group, analysts predict that Fastenal Company will post 1.23 earnings per share for the current fiscal year.

Fastenal Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Tuesday, April 28th were paid a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 2.2%. The ex-dividend date was Tuesday, April 28th. Fastenal’s dividend payout ratio is presently 84.21%.

Fastenal Company Profile

(Free Report)

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.