FMP

FMP

Fastenal Company (NASDAQ: FAST) Sees Positive Analyst and Institutional Interest

  • Stephen Volkmann from Jefferies sets a price target of $52 for Fastenal (NASDAQ: FAST), indicating a potential upside of 23.81%.
  • Federated Hermes Inc. significantly increases its holdings in Fastenal by 14,646.4%, showcasing strong institutional confidence.
  • Fastenal's stock experiences active investor interest with a trading volume of 4,724,054 shares and a market capitalization of approximately $48.21 billion.

Fastenal Company (NASDAQ: FAST) is a prominent player in the industrial and construction supplies sector. Known for its extensive range of products, Fastenal serves a diverse clientele, including manufacturing, construction, and government sectors. The company competes with other industry giants like Grainger and MSC Industrial Direct. Fastenal's stock, currently priced at $42, has been the focus of recent analyst attention.

On December 14, 2025, Stephen Volkmann from Jefferies set a price target of $52 for Fastenal, suggesting a potential upside of 23.81% from its current price. This optimistic outlook is supported by significant institutional interest. Federated Hermes Inc. notably increased its holdings in Fastenal by 14,646.4% during the second quarter, now owning 165,750 shares valued at approximately $6.96 million.

Other financial entities have also shown interest in Fastenal. Brighton Jones LLC acquired a new stake valued at $496,000 in the fourth quarter. Additionally, JPMorgan Chase and Co. expanded its position by 22.8%, now holding 3,312,865 shares worth around $256.91 million. This increased institutional activity reflects confidence in Fastenal's growth potential.

Fastenal's stock has experienced fluctuations, with a 52-week high of $50.63 and a low of $35.31. Currently trading at $42, the stock has seen a slight increase of 0.60% from the previous session. Today's trading volume stands at 4,724,054 shares, indicating active investor interest. Fastenal's market capitalization is approximately $48.21 billion, underscoring its significant presence in the industry.