Fastenal Company (FAST)

Fastenal's stock price increased by approximately 28.68% over the last six months. In Q1 2025, Fastenal reported modest growth, facing challenges from newly implemented tariffs. A two-for-one stock split was effective in May 2025. Fastenal reported its Q2 2025 financial results on July 14, 2025, beating consensus estimates for EPS. The company declared a quarterly dividend of $0.22 in August 2025, representing a decrease from previous dividends. Baird upgraded Fastenal's stock to Outperform in August 2025. Fastenal's stock fell on September 5, 2025, after the company reported a decline in its daily sales growth rate in August. Insiders have sold a total of 111,230 shares of company stock in the last quarter.

The industrial supplies distribution sector, in which Fastenal operates, is subject to market cyclicality. Fastenal's performance can be influenced by broader economic and industrial trends. Fastenal's daily sales growth rates can fluctuate month-to-month.

Fastenal operates in the industrial and construction supply sector, providing a range of products and value-added services, including fasteners, safety supplies, tools, material handling solutions, and electrical supplies. The company offers services like inventory management, industrial vending solutions, custom manufacturing, and on-site support. Fastenal serves original equipment manufacturers (OEM), maintenance, repair, and operations (MRO) customers, the non-residential construction market, and sectors like transportation, mining, agriculture, and governmental entities.

Fastenal has a significant global presence, primarily concentrated in North America, with a substantial network in the United States, Canada, and Mexico. The United States accounts for the largest portion of its total revenue. The company has expanded internationally, operating nearly 600 locations outside the U.S. across 24 countries, including China, Thailand, Malaysia, and Singapore.

Fastenal maintains a strong brand reputation, built on its customer-centric approach, operational efficiency, and extensive product offerings. The company is known for its commitment to customer satisfaction and its ability to provide tailored solutions and services. Its "local service, national reach" model and innovative solutions like industrial vending machines contribute to its positive standing.

Fastenal Company's ownership is predominantly held by institutional investors, ranging from approximately 65.91% to 86% of the stock. Vanguard Group Inc. is the largest shareholder, holding about 13% of outstanding shares. Insiders own a small percentage, typically under 1% of the company's stock. The general public and individual investors hold the remaining shares, estimated to be between 14% and 34%.