Fastenal Co Stock Price, News & Analysis

Fastenal (Nasdaq: FAST) joined the American Red Cross Disaster Responder Program on December 11, 2025, committing to year-round financial and in-kind donations to support disaster preparedness and relief.

The expanded partnership builds on a relationship since 2012 and Fastenal's 2022 launch of the company-wide Blue Team Blood Drive. Fastenal employees have donated more than 4,600 units of blood since that campaign began, including over 1,200 units in 2024 collected across 45 in-person blood drives. A portion of Fastenal's donations will support the Red Cross Service to the Armed Forces program.

Fastenal (Nasdaq: FAST) announced a new corporate partnership with the National FFA Organization to expand support for agricultural education and youth leadership.

Key elements include Fastenal joining the National FFA Sponsors' Board, expanded presence at the annual National FFA Convention and Expo, local chapter and state grants, five Fastenal-funded college scholarships via the FFA grant system, and the 'Give the Gift of Blue' program to provide FFA Blue Jackets to members.

Fastenal said CEO Dan Florness and senior executive vice president Casey Miller highlighted the company's long-standing ties to FFA and commitment to investing in future agriculture and related careers.

Fastenal (Nasdaq: FAST) named Max Tunnicliff as Chief Financial Officer and Senior Executive Vice President, effective November 10, 2025. In the role he will set priorities, goals and provide oversight for the company's finance, accounting, audit, and general counsel functions.

Tunnicliff joins from Beko Europe where he served as CFO and previously held senior finance roles at Whirlpool, including head of internal audit, VP of strategy, and CFO for Asia Pacific. Management says his global finance experience will support Fastenal's financial foundation and growth strategy.

Fastenal (NASDAQ:FAST) reported third-quarter 2025 results for the quarter ended September 30, 2025, including a two-for-one stock split effective May 21, 2025. Q3 net sales were $2,133.3M, up 11.7% year-over-year. Q3 net income was $335.5M, up 12.6%, with diluted EPS $0.29 (+12.3%). Gross profit rose to 45.3% of sales from 44.9%.

Digital and FMI channels grew: Q3 FMI sales $978.4M (+17.7%), FASTBin/FASTVend sales $703.6M (+19.9%), and installations reached 133,910 MEUs (end of period). The company reiterated a 2025 MEU signing goal of 25,000–26,000.

Management noted continued sluggish industrial production but stronger contract customer growth and improved product availability and pricing actions.

Fastenal (Nasdaq:FAST) announced its board declared a cash dividend of $0.22 per share payable on November 25, 2025 to shareholders of record at the close of business on October 28, 2025. Share and per‑share figures are adjusted for a two‑for‑one stock split that took effect May 21, 2025.

The company reiterated intent to continue quarterly dividends and reported regular 2025 dividends of $0.875 per share to date and an estimated $1,004.1 million total dividends paid in 2025. Fastenal noted no common stock repurchases in Q3 2025 and maintains an open repurchase authorization for 12,400,000 shares.

Fastenal (Nasdaq:FAST) has scheduled its 2025 third quarter earnings conference call for October 13, 2025, at 9:00 a.m. central time. The company will broadcast the call live via the internet, with the presentation materials becoming available at 6:00 a.m. central time on the same day.

Investors can access both the conference call and presentation through the company's investor relations website. The webcast archive will remain accessible until December 1, 2025, requiring participants to have a compatible device with speakers for listening.

Fastenal (Nasdaq: FAST) has launched operations at its new 298,000 square-foot distribution center in Magna, Utah. The state-of-the-art facility consolidates previously scattered Salt Lake City operations into a single, technologically advanced hub featuring enhanced product intake, order picking, and shipping sortation systems.

The distribution center, known as 'UHUB', serves a vast territory from Wyoming to Idaho and from Alberta, Canada to Sonora, Mexico. The facility's design allows for potential expansion to 600,000 square feet and represents a strategic investment in Fastenal's Western U.S. growth plans, following a similar upgrade in Lacey, Washington.

Fastenal (NASDAQ:FAST) reported strong Q2 2025 financial results with net sales increasing 8.6% to $2.08 billion compared to Q2 2024. The company achieved net income of $330.3 million, up 12.8% year-over-year, and diluted earnings per share of $0.29, representing a 12.7% increase.

Key performance metrics include gross profit margin of 45.3% and operating margin of 21.0%. Contract sales grew 11.0%, representing 73.2% of total sales. The company's FMI Technology initiatives showed strong momentum, with Digital Footprint sales reaching 61.0% of total sales. Product pricing contributed a positive 140-170 basis points impact on net sales.

Growth was driven by improved customer contract signings, though market conditions remained sluggish. Manufacturing end markets outperformed, while non-residential construction showed positive growth for the first time in ten quarters.

Fastenal (Nasdaq:FAST) has declared a quarterly cash dividend of $0.22 per share, payable on August 26, 2025, to shareholders of record as of July 29, 2025. This represents a continuation of the company's consistent dividend payment history, which began with annual dividends in 1991, evolved to semi-annual in 2003, and quarterly since 2011.

The company has demonstrated a strong track record of dividend growth, with regular quarterly payments increasing from $0.175 per share in 2023 to the current $0.22 per share in 2025. Additionally, Fastenal has historically provided special one-time dividends, with the most recent paid in December 2023. The company's board intends to maintain quarterly dividend payments, subject to financial conditions and operational results.