Fastenal (FAST) Expected to Post Quarterly Earnings on Wednesday

Fastenal (NASDAQ:FAST) is projected to release its Q3 2026 results before the market opens on Wednesday, October 14th. Analysts expect Fastenal to announce earnings of $0.3392 per share and revenue of $2.44 billion for the quarter. Individuals can find conference call details on the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Wednesday, October 14, 2026 at 10:00 AM ET.

Fastenal (NASDAQ:FAST) last posted its quarterly earnings data on Tuesday, July 14th. The company reported $0.33 EPS for the quarter, meeting analysts’ consensus estimates of $0.33. Fastenal had a return on equity of 34.03% and a net margin of 15.45%. The company had revenue of $2.39 billion during the quarter, compared to analysts’ expectations of $2.34 billion. During the same quarter in the prior year, the business earned $0.29 earnings per share. Fastenal’s revenue for the quarter was up 14.7% compared to the same quarter last year. On average, analysts expect Fastenal to post $1.26 EPS for the current fiscal year and $1.39 EPS for the next fiscal year.

Fastenal Stock Up 1.5%

FAST stock opened at $51.49 on Tuesday. The company has a market cap of $59.08 billion, a price-to-earnings ratio of 43.64, a P/E/G ratio of 3.15 and a beta of 0.69. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.21 and a current ratio of 4.18. The business’s 50-day moving average is $50.30 and its two-hundred day moving average is $47.37. Fastenal has a fifty-two week low of $38.97 and a fifty-two week high of $52.92.

Insider Buying and Selling at Fastenal

In related news, Director Rita J. Heise sold 34,964 shares of Fastenal stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $50.05, for a total transaction of $1,749,948.20. Following the transaction, the director owned 20,000 shares in the company, valued at approximately $1,001,000. The trade was a 63.61% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Michael Ancius sold 3,000 shares of the company’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $49.00, for a total transaction of $147,000.00. Following the completion of the transaction, the director directly owned 58,690 shares of the company’s stock, valued at $2,875,810. This represents a 4.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.28% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research firms have recently commented on FAST. Weiss Ratings raised shares of Fastenal from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday. Morgan Stanley increased their price objective on shares of Fastenal from $48.00 to $52.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 16th. Wolfe Research assumed coverage on shares of Fastenal in a report on Tuesday, September 15th. They issued an “underperform” rating and a $51.00 price objective on the stock. William Blair reissued an “outperform” rating on shares of Fastenal in a report on Friday, September 4th. Finally, Robert W. Baird set a $54.00 target price on shares of Fastenal in a research report on Friday, August 7th. Six investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Fastenal has a consensus rating of “Hold” and an average target price of $49.50.

About Fastenal

Fastenal Company is a distributor of industrial and construction supplies serving businesses, contractors, manufacturers and other organizations. Its product offerings include fasteners such as bolts, nuts and screws, as well as safety equipment, tools, cutting tools, material-handling products, electrical and plumbing supplies, and maintenance and repair items.

The company sells products through a network of branch locations, onsite customer facilities, industrial vending machines and digital platforms.