FAST
Fastenal
October 14, 2026 · pre-market
- Rarity
- 2.88
- Peak move
- −7.86%
- Float cap
- $59.0B
Fastenal distributes industrial and construction supplies, led by threaded fasteners such as bolts, nuts, screws and washers, plus safety gear, tools, cutting, welding, electrical and janitorial products. It sells mainly to manufacturers and non-residential contractors, along with farmers, railroads, mining, oil and gas, governments and warehouses. Beyond catalog sales, it places staff, vending machines and sensor-equipped bins inside customer plants to manage inventory and automate replenishment.
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What we found
9 events · 0 from SEC or newswire · 1 timed with the move- Key eventTimed with the move
operating_metricsFastenal signed 7,484 weighted FASTBin/FASTVend devices in Q3 2026 and cut its full-year 2026 signings goal to 27,000-29,000 MEUs from 28,000-30,000, while also lowering its 2026 Digital Footprint estimate to 62-63% of sales from 66%.
- Key event
earnings_releaseFastenal reported Q3 2026 results with EPS of $0.35 versus $0.29 a year earlier and above the $0.34 consensus, revenue up 15.5% to $2.463 billion, daily sales up 15.5%, operating margin of 21.5% (up 90 bps), and net income of $401.6 million.
- Key event
guidance_changeFastenal guided 2026 spending on property and equipment, net of sales proceeds, to $310-$330 million, up from $230.6 million in 2025, citing its Atlanta hub replacement, delayed IT projects and higher trucking costs.
commodity_eventNucor raised its US hot-rolled coil steel price again, with its West Coast joint venture California Steel Industries lifting its HRC quote by $15 per short ton to $1,305 per short ton.
dividend_changeFastenal's board declared a quarterly cash dividend of $0.26 per share, payable November 25, 2026 to shareholders of record as of October 28, 2026, bringing total 2026 dividends per share to $1.00.
buybackFastenal repurchased 650,000 shares of common stock in Q3 2026 at an average price of $46.49 per share, and retains authority to buy up to 10,675,000 more shares under its July 12, 2022 authorization.
analyst_ratingDA Davidson raised its price target on Fastenal to $51.00 from $46.00 while maintaining a Neutral rating, citing continued demand strength through September and expected mid-teens sales growth.
analyst_ratingJefferies raised its price target on Fastenal to $60 from $52 while maintaining a Buy rating, citing expanding industrial demand and the company's supply chain coverage and market-share gains.
macro_dataThe ISM US Manufacturing PMI came in at 54.5 for September 2026, down from 54.6 in August and below the 55 consensus, but a ninth straight month of expansion.