What is William Blair’s Forecast for Fastenal Q1 Earnings?

Fastenal (NASDAQ:FAST) – Research analysts at William Blair issued their Q1 2026 EPS estimates for Fastenal in a research note issued on Wednesday, April 9th. William Blair analyst R. Merkel anticipates that the company will post earnings of $0.58 per share for the quarter. William Blair has a “Outperform” rating on the stock. The consensus estimate for Fastenal’s current full-year earnings is $2.15 per share. William Blair also issued estimates for Fastenal’s Q2 2026 earnings at $0.59 EPS, Q3 2026 earnings at $0.61 EPS, Q4 2026 earnings at $0.56 EPS and FY2027 earnings at $2.55 EPS.

Several other research analysts also recently issued reports on the stock. Wolfe Research upgraded shares of Fastenal from an “underperform” rating to a “peer perform” rating in a report on Thursday, April 3rd. Stifel Nicolaus lowered their target price on Fastenal from $86.00 to $82.00 and set a “hold” rating for the company in a report on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $76.91.

Fastenal Trading Up 6.4 %

FAST opened at $80.64 on Thursday. The company’s 50 day moving average is $75.56 and its 200-day moving average is $76.33. The company has a market cap of $46.24 billion, a P/E ratio of 40.12, a PEG ratio of 3.58 and a beta of 1.05. Fastenal has a 1-year low of $61.36 and a 1-year high of $84.88. The company has a current ratio of 4.67, a quick ratio of 2.28 and a debt-to-equity ratio of 0.03.

Fastenal (NASDAQ:FAST) last posted its quarterly earnings results on Friday, April 11th. The company reported $0.52 EPS for the quarter, hitting analysts’ consensus estimates of $0.52. Fastenal had a return on equity of 32.55% and a net margin of 15.25%. The company had revenue of $1.96 billion during the quarter, compared to analysts’ expectations of $1.94 billion. During the same quarter in the previous year, the firm earned $0.52 EPS. Fastenal’s revenue was up 3.4% on a year-over-year basis.

Institutional Investors Weigh In On Fastenal

Several large investors have recently modified their holdings of FAST. Integrated Wealth Concepts LLC grew its holdings in Fastenal by 3.8% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 5,735 shares of the company’s stock worth $410,000 after acquiring an additional 210 shares during the period. Kovitz Investment Group Partners LLC boosted its position in shares of Fastenal by 91.8% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 11,975 shares of the company’s stock valued at $855,000 after purchasing an additional 5,732 shares in the last quarter. EP Wealth Advisors LLC grew its stake in Fastenal by 39.9% during the third quarter. EP Wealth Advisors LLC now owns 10,709 shares of the company’s stock worth $765,000 after purchasing an additional 3,052 shares during the period. MML Investors Services LLC grew its stake in Fastenal by 7.9% during the third quarter. MML Investors Services LLC now owns 28,421 shares of the company’s stock worth $2,030,000 after purchasing an additional 2,089 shares during the period. Finally, LRI Investments LLC increased its holdings in Fastenal by 169.4% in the third quarter. LRI Investments LLC now owns 1,355 shares of the company’s stock worth $97,000 after purchasing an additional 852 shares in the last quarter. 81.38% of the stock is currently owned by institutional investors and hedge funds.

Fastenal Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Friday, April 25th will be given a $0.44 dividend. The ex-dividend date of this dividend is Friday, April 25th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.18%. This is an increase from Fastenal’s previous quarterly dividend of $0.43. Fastenal’s payout ratio is 85.57%.

About Fastenal

Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, North America, and internationally. It offers fasteners, and related industrial and construction supplies under the Fastenal name. The company’s fastener products include threaded fasteners, bolts, nuts, screws, studs, and related washers that are used in manufactured products and construction projects, as well as in the maintenance and repair of machines.