Barclays Initiates Coverage on Fastenal with Equal-Weight Rating and Sets Target Price at $49.00 USD.

Wednesday, Oct 8, 2025 7:59 pm ET1min read

Barclays initiates coverage on Fastenal (FAST) with an Equal-Weight rating and sets a target price of $49.00 USD. Fastenal is an industrial retailer offering a wide range of maintenance, repair, and operations supplies, with a focus on on-site locations. The average one-year target price for FAST is $44.60, with a high estimate of $53.00 and a low estimate of $30.18. The average brokerage recommendation is currently 2.8, indicating a "Hold" status.

Barclays analyst Guy Hardwick has initiated coverage on Fastenal (FAST.US) with a hold rating and set a target price of $49.00 USD Barclays Initiates Fastenal(FAST.US) With Hold Rating, Announces Target Price $49[1]. Fastenal is a leading industrial retailer specializing in maintenance, repair, and operations (MRO) supplies, with a strong focus on on-site locations. The company operates in the United States, Canada, Mexico, and internationally.

The average one-year target price for FAST is $44.60, with a high estimate of $53.00 and a low estimate of $30.18. The average brokerage recommendation is currently 2.8, indicating a "Hold" status. According to TipRanks data, Hardwick has a success rate of 86.4% and a total average return of 23.5% over the past year Barclays Initiates Fastenal(FAST.US) With Hold Rating, Announces Target Price $49[1].

Institutional investors and hedge funds have been active in Fastenal's stock. WoodTrust Financial Corp doubled its stake in Fastenal by acquiring an additional 34,400 shares, reaching a total of 68,800 shares valued at approximately $2.89 million Fastenal Company $FAST Shares Acquired by WoodTrust Financial Corp[2]. Other notable institutional investors include Oregon Public Employees Retirement Fund, Welch & Forbes LLC, Principal Securities Inc., Essex Financial Services Inc., and Integrated Wealth Concepts LLC.

Analyst ratings on Fastenal are mixed, with a consensus rating of "Hold" and an average price target of $47.41. However, one analyst has rated the stock as a "Strong Buy" Fastenal Company $FAST Shares Acquired by WoodTrust Financial Corp[2]. Several research firms have issued reports on FAST, with ratings ranging from "buy" to "hold" to "sell." Weiss Ratings, Stifel Nicolaus, Stephens, Robert W. Baird, and Loop Capital have all provided recent analysis on the stock Fastenal Company $FAST Shares Acquired by WoodTrust Financial Corp[2].

Fastenal reported earnings per share (EPS) of $0.29 for the quarter ending July 14, 2025, beating the consensus estimate of $0.28. The company also announced a quarterly dividend of $0.22 per share, with an annualized dividend of $0.88 and a dividend yield of 1.9% Fastenal Company $FAST Shares Acquired by WoodTrust Financial Corp[2]. Fastenal's dividend payout ratio (DPR) is 84.62%.

Fastenal's stock has been trading within a range of $34.69 to $50.63 over the past twelve months, with a market cap of $54.46 billion and a price-to-earnings ratio of 45.63. The stock has a debt-to-equity ratio of 0.03, a quick ratio of 2.12, and a current ratio of 4.22. The company's 50-day and 200-day moving averages are $48.22 and $43.74, respectively Fastenal Company $FAST Shares Acquired by WoodTrust Financial Corp[2].

Barclays Initiates Coverage on Fastenal with Equal-Weight Rating and Sets Target Price at $49.00 USD.

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