FAST
Fastenal
October 14, 2026 · intraday
- Rarity
- 1.51
- Peak move
- −4.42%
- 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 · 0 timed with the move- 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.
operating_metricsFastenal signed 7,484 weighted FASTBin and FASTVend devices in Q3 2026, with weighted installations reaching 143,878 MEUs, up 7.4% year over year, and Digital Footprint at 61.4% of sales.
- Key event
guidance_changeFastenal cut its 2026 weighted FASTBin/FASTVend device signing goal to 27,000-29,000 MEUs from 28,000-30,000 and lowered its full-year Digital Footprint estimate to 62-63% of sales from 66%.
operating_metricsFastenal reported September 2026 net sales up 14.4% versus September 2025, with increases across all customer segments, end markets and geographic territories.
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.