Fastenal Company stock highlights 14.7 percent Q2 growth at EUR 44.59
Published on 09/29/2026 at 14:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Fastenal Company (ISIN US3119001044) was trading at EUR 44.59 at Lang & Schwarz on September 29, 2026, at 2:12 p.m. CEST, up 0.43 percent from the prior close of EUR 44.40. The industrial distributor has scheduled its next quarterly update for October 14, 2026, giving investors a dated checkpoint after a quarter of double-digit sales growth.
October call follows Q2 growth
According to Fastenal in a release dated September 28, 2026, the company will hold a conference call on October 14, 2026, at 9:00 a.m. CT to review third-quarter results and current operations. The presentation for the call is scheduled for 6:00 a.m. CT on the same date.
The latest reported quarter was Q2 2026, ended June 30, 2026. MarketBeat reported on September 21, 2026, that Fastenal generated quarterly revenue of USD 2.39 billion, an increase of 14.7 percent from the prior-year quarter. Quarterly EPS was USD 0.33, matching the USD 0.33 consensus estimate.
Analyst target moved to USD 52
The Q2 figures give the October call a clear benchmark: revenue growth reached 14.7 percent, while earnings met expectations rather than exceeding them. That combination makes sales momentum and operating execution more important than a simple headline earnings beat.
MarketBeat said on September 21, 2026, that Morgan Stanley raised its Fastenal price target from USD 48.00 to USD 52.00 on July 16, 2026, while maintaining an Equal-Weight rating. The same report listed Wolfe Research with an Underperform rating and a USD 51.00 target dated September 15, 2026, providing a more cautious counterpoint.
Stock gains 0.43 percent intraday
Fastenal Company stock was trading at EUR 44.59 at Lang & Schwarz on September 29, 2026, at 2:12 p.m. CEST. The price was up 0.43 percent versus the Lang & Schwarz prior close of EUR 44.40, a modest move that leaves the scheduled October report as the next clearly dated company event.
Fastenal Company stock facts
- Company: Fastenal Company
- ISIN: US3119001044
- Ticker: FAST
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of September 29, 2026, 2:12 p.m. CEST): EUR 44.59
- Change versus prior close: plus 0.43 percent
- Prior close Lang & Schwarz (September 28, 2026): EUR 44.40
- Market capitalization: USD 57.9 billion (as of September 28, 2026)
- 52-week range: USD 38.97-USD 52.92 (as of September 28, 2026)
- Sector / Industry: Industrials / Industrial Distribution
- Index membership: Nasdaq 100
- Next earnings date: October 14, 2026
