Dec 15, 2025 • Investing.com
BULLISH
Jefferies upgrades Fastenal to Buy, sees faster outgrowth into 2026
Jefferies has upgraded Fastenal (FAST) stock to Buy from Hold, citing growing confidence in the company's ability to achieve low double-digit revenue growth into 2026, driven by market share gains and supportive pricing. The firm raised its price target to $52, justifying the valuation by Fastenal's strong return on invested capital and its continued double-digit average daily sales growth even in a sluggish manufacturing environment. Key growth drivers highlighted include increased penetration with large customers, vending machine installations, and the upcoming rollout of the FASTCrib procurement platform.
Dec 15, 2025 • Algonquin College
SOMEWHAT-BULLISH
Algonquin College Bachelor of Commerce program hosts inaugural Sales Case Competition with Fastenal Canada Sponsorship
Algonquin College's Bachelor of Commerce program recently hosted its inaugural Sales Case Competition, sponsored by Fastenal Canada, providing students with a hands-on B2B sales experience. Six third-year students presented their pitches to external judges from Fastenal Canada and Invest Ottawa, following six weeks of intensive preparation and mentorship from alumni and faculty. The competition highlighted the value of experiential learning and industry collaboration, culminating in Claire McLeman and Erin McNish taking first place.
Dec 15, 2025 • MarketBeat
SOMEWHAT-BULLISH
Squarepoint Ops LLC Takes $6.81 Million Position in Simpson Manufacturing Company, Inc. $SSD
Squarepoint Ops LLC has acquired a new stake of 43,871 shares in Simpson Manufacturing Company, Inc. (NYSE:SSD), valued at approximately $6.81 million. This move highlights institutional interest, with such investors now owning about 93.68% of the stock. Simpson Manufacturing recently exceeded quarterly earnings expectations and declared a dividend, while analysts maintain a "Hold" consensus rating with an average target price of $201.
Dec 15, 2025 • MarketBeat
SOMEWHAT-BULLISH
Kentucky Retirement Systems Increases Stock Holdings in Fastenal Company $FAST
Kentucky Retirement Systems significantly increased its stake in Fastenal Company (NASDAQ:FAST) by 87.7% in Q2, acquiring an additional 34,274 shares to own 73,354 shares valued at $3.08 million. This move is part of a broader trend of increased institutional ownership, with major firms like Vanguard, State Street, and Charles Schwab also boosting their holdings, bringing total institutional ownership to 81.38%. Despite missing Q3 earnings estimates slightly, Fastenal recently declared a quarterly dividend of $0.22 and maintains a consensus "Hold" rating from analysts with an average price target of $48.40.
Dec 15, 2025 • Investing.com Nigeria
NEUTRAL
Jefferies upgrades Fastenal stock to Buy on confidence in double-digit growth
Jefferies upgraded Fastenal (NASDAQ:FAST) from Hold to Buy, increasing its price target to $52.00, citing confidence in the company's ability to achieve low double-digit top-line growth through 2026. This positive outlook is driven by anticipated market share growth, positive pricing, and potential end-market recovery, despite recent mixed news including a slight EPS miss and a CFO change. Other firms like Wolfe Research and Bernstein SocGen Group have expressed more cautious sentiments, downgrading the stock due to concerns over slowing sales and margin pressure.
Dec 15, 2025 • Investing.com Australia
SOMEWHAT-BULLISH
Jefferies upgrades Fastenal stock to Buy on confidence in double-digit growth
Jefferies has upgraded Fastenal (NASDAQ:FAST) stock from Hold to Buy, raising its price target to $52.00, citing confidence in the company's ability to achieve low double-digit top-line growth through 2026. This optimism is driven by expected market share growth and positive pricing, despite the company's recent revenue growth appearing more modest. Fastenal's strong performance metrics, including high return on invested capital and consistent dividend payments, contributed to the upgrade, though its current valuation through EV/EBITDA appears high compared to its fair value.