Fastenal Company (FAST)

Fastenal's stock has experienced notable events in the past six months. In January 2025, shares jumped after better-than-expected Q4 2024 earnings. In April 2025, the stock climbed after Q1 2025 revenue exceeded expectations, although Q1 2024 earnings had missed estimates. In July 2025, strong Q2 2025 results led to a stock increase. Analysts have issued various price targets, with a median target of $40.50 as of July 14, 2025. Fastenal insiders have primarily sold shares in the past six months.

Fastenal's demand seasonality is influenced by holiday shutdowns, weather conditions, and economic activity. December 2024 daily sales surpassed normal seasonality due to strong holiday sell-through. Q1 2024 earnings were negatively impacted by adverse weather and an early Easter. Fastenal's growth has been attributed to customer wins and market share gains rather than a robust overall market.

Fastenal Co. is a wholesale distributor of industrial and construction supplies, including fasteners, safety supplies, and other industrial products. It provides supply chain solutions like inventory management and serves a diverse customer base, including OEMs, MRO customers, and governmental entities.

Fastenal has a significant global presence, operating in 25 countries with 3,628 in-market locations. Its primary geographic focus is North America, with a substantial presence in the United States, Canada, and Mexico. The company also maintains nearly 600 locations outside the United States across 24 countries, including operations in China, Thailand, and Malaysia. Fastenal has been actively expanding its global footprint, particularly through its Onsite locations, which grew by 11.5% in 2024 to 2,031 active sites.

Fastenal has highlighted its commitment to sustainability and governance, releasing its 2025 ESG Report. Key achievements include earning a silver medal from EcoVadis and achieving a workplace safety EMR that was 54% better than the industry average. The company has also invested in carbon reporting solutions and completed a double materiality assessment in preparation for the EU's Corporate Sustainability Reporting Directive. No specific negative events significantly impacting Fastenal's brand reputation in the past year were found in the search results.

Fastenal has a diverse ownership structure. Institutional investors hold a significant portion of the company's stock, ranging from approximately 41.15% to 84% of shares. Individual investors hold between 15% and 55.94% of the shares. Insider ownership is relatively low, typically under 1% to 2.90%. Robert A. Kierlin is noted as the largest individual Fastenal Co. shareholder, owning 1.03% of the company's shares.