Fastenal stock holds near $49.78 as analysts keep Hold

Fastenal stock is trading near $49.78, with analysts keeping a Hold view and a $48.53 average target. The latest quarter delivered $2.39 billion in revenue and $0.33 a share.

Fastenal Co. (US3119001044) stock held at $49.78 on August 28, 2026, while the average target price stood at $48.53 and the market capitalization was $57.12 billion. The latest quarter brought in $2.39 billion in revenue and $0.33 in earnings per share, matching the consensus estimate.

Analysts stay cautious

Consensus on the name remained Hold, with 18 analysts tracked and a target spread that ran from $39.90 to $59.00. The pricing gap is modest: the average target sat 2.51 percent below the last close, while the stock was still up 24.04 percent year to date.

That mix matters for investors because the stock is already trading closer to its recent highs than to its low of $38.97, yet the latest quarter still showed 14.7 percent revenue growth year over year. Return on equity reached 34.03 percent and net margin was 15.45 percent in that period.

What the numbers show

Fastenal's most recent reported quarter also showed the company ahead of sales expectations, with $2.39 billion in revenue versus $2.34 billion expected, and earnings per share landing exactly at $0.33. The market has treated that combination as steady rather than explosive, which fits a business that sells fasteners, safety gear, tools and other industrial consumables to manufacturing and construction customers.

Dividend income remains part of the story. The company paid a quarterly dividend of $0.26 on August 25, 2026, equal to $1.04 annualized and a 2.1 percent yield, after a prior quarterly payout of $0.24.

Fasteners and supplies

Fastenal's core offering remains broad industrial distribution, with fasteners such as bolts, nuts, screws and anchors at the center of the mix. The same network also covers MRO supplies, personal protective equipment, cutting and welding items, and other consumables used across factories, job sites and repair operations.

Shares close to the range high

For now, the stock sits between a 52-week low of $38.97 and a 52-week high of $52.92, with the August 28, 2026 close at $49.78. That leaves the shares within 5.92 percent of the high and keeps valuation, margin resilience and dividend support at the center of the debate.

Fact box

Company: Fastenal Co.

ISIN: US3119001044

Ticker: FAST

Exchange: Nasdaq

Price (as of August 28, 2026, 1:09 a.m. ET): $49.78 USD

Market cap: $57.12 billion (as of August 29, 2026)

Sector / Industry: Industrials / Industrial Distribution

Index membership: Nasdaq-100

Next earnings date: October 14, 2026