Recent Investment Analysts’ Ratings Changes for Fastenal (FAST)

A number of firms have modified their ratings and price targets on shares of Fastenal (NASDAQ: FAST) recently:

• 3/5/2026 – Fastenal was given a new $48.00 price target by Raymond James Financial, Inc..
• 3/5/2026 – Fastenal had its “buy” rating reaffirmed by Benchmark Co..
• 3/5/2026 – Fastenal had its “positive” rating reaffirmed by Morgan Stanley. They now have a $45.00 price target on the stock.
• 2/27/2026 – Fastenal had its price target raised by Wolfe Research from $42.00 to $43.00. They now have an “underperform” rating on the stock.
• 2/5/2026 – Fastenal had its price target raised by Robert W. Baird from $49.00 to $51.00. They now have an “outperform” rating on the stock.
• 1/21/2026 – Fastenal had its “neutral” rating reaffirmed by UBS Group AG. They now have a $46.00 price target on the stock.
• 1/21/2026 – Fastenal had its “underperform” rating reaffirmed by Sanford C. Bernstein.
• 1/21/2026 – Fastenal was given a new $43.00 price target by Barclays PLC. They now have an “equal weight” rating on the stock.
• 1/21/2026 – Fastenal had its price target lowered by Wolfe Research from $43.00 to $42.00. They now have an “underperform” rating on the stock.

Fastenal Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 26th. Investors of record on Thursday, January 29th were issued a dividend of $0.24 per share. The ex-dividend date was Thursday, January 29th. This is a positive change from Fastenal’s previous quarterly dividend of $0.22. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.0%. Fastenal’s dividend payout ratio (DPR) is 87.27%.

Insider Buying and Selling

In other Fastenal news, Director Scott Satterlee sold 15,964 shares of the stock in a transaction dated Friday, January 23rd. The stock was sold at an average price of $44.19, for a total transaction of $705,449.16. Following the completion of the transaction, the director owned 50,000 shares in the company, valued at approximately $2,209,500. This represents a 24.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.28% of the company’s stock.

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.

Product offerings extend beyond fasteners to include tools, safety and personal protective equipment, power transmission components, cutting and welding supplies, janitorial and material handling items, and other industrial consumables.