Fintel reports that on November 12, 2025, Bernstein initiated coverage of Fastenal (NasdaqGS:FAST) with a Underperform recommendation.
Analyst Price Forecast Suggests 8.99% Upside
As of November 9, 2025, the average one-year price target for Fastenal is $44.66/share. The forecasts range from a low of $30.53 to a high of $51.45. The average price target represents an increase of 8.99% from its latest reported closing price of $40.98 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Fastenal is 7,953MM, a decrease of 0.56%. The projected annual non-GAAP EPS is 2.21.
What is the Fund Sentiment?
There are 2,243 funds or institutions reporting positions in Fastenal. This is an increase of 118 owner(s) or 5.55% in the last quarter. Average portfolio weight of all funds dedicated to FAST is 0.30%, an increase of 2.99%. Total shares owned by institutions increased in the last three months by 29.59% to 1,094,203K shares. 
The put/call ratio of FAST is 0.59, indicating a bullish outlook.
What are Other Shareholders Doing?
Charles Schwab Investment Management holds 46,378K shares representing 4.04% ownership of the company. In its prior filing, the firm reported owning 45,996K shares , representing an increase of 0.82%. The firm decreased its portfolio allocation in FAST by 13.92% over the last quarter.
Geode Capital Management holds 37,015K shares representing 3.22% ownership of the company. In its prior filing, the firm reported owning 35,984K shares , representing an increase of 2.78%. The firm decreased its portfolio allocation in FAST by 41.93% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 36,865K shares representing 3.21% ownership of the company. In its prior filing, the firm reported owning 18,122K shares , representing an increase of 50.84%. The firm decreased its portfolio allocation in FAST by 1.70% over the last quarter.
SCHD - Schwab U.S. Dividend Equity ETF holds 32,737K shares representing 2.85% ownership of the company. In its prior filing, the firm reported owning 15,076K shares , representing an increase of 53.95%. The firm increased its portfolio allocation in FAST by 22.32% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 32,566K shares representing 2.84% ownership of the company. In its prior filing, the firm reported owning 15,935K shares , representing an increase of 51.07%. The firm decreased its portfolio allocation in FAST by 1.66% over the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
