Fastenal stock: Argus raises target to USD 59.00. Published on 10/21/2026 at 17:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS Third-quarter revenue rose 15.50 percent to USD 2.46 billion. Fastenal stock costs EUR 46.64 on October 21, 2026 at 5:32 p.m. CEST. Target and earnings detail. * Argus raised its Fastenal target from USD 55.00 to USD 59.00 on October 21, 2026. * Third-quarter revenue increased 15.50 percent to USD 2.46 billion, while operating margin reached 21.50 percent. * Fastenal stock costs EUR 46.64 at Lang & Schwarz on October 21, 2026 at 5:32 p.m. CEST. Argus raised its Fastenal target from USD 55.00 to USD 59.00 in a research note issued on October 21, 2026, while keeping a Buy rating, as MarketBeat reported. Fastenal stock was trading at EUR 46.64 at Lang & Schwarz on October 21, 2026 at 5:32 p.m. CEST. Discover more Source Materials Shop Power Tools Read Company News Revenue growth stays broad. Fastenal reported third-quarter 2026 net sales of USD 2,463.30 million, up 15.50 percent from the third quarter of 2025. Net income increased 19.70 percent to USD 401.60 million, while diluted earnings per share rose to USD 0.35 from USD 0.29, according to the company's October 14 release from Fastenal Company. The operating margin widened to 21.50 percent from 20.70 percent in the year-earlier quarter. Operating income rose 20.20 percent to USD 530.80 million, showing that profit growth exceeded the sales increase during the three months ended September 30, 2026. Margin and cash flow matter. Fastenal generated USD 421.60 million in operating cash flow during the third quarter of 2026, equal to 105.00 percent of net income. The company returned USD 328.40 million to shareholders through dividends and repurchases, while total debt stood at USD 100.00 million at September 30, 2026. The quarterly release also reported 7,484 weighted FASTBin and FASTVend device signings in the third quarter. Fastenal's 2026 goal is 27,000 to 29,000 weighted device signings, a range that gives investors a measurable operating milestone beyond revenue growth. Valuation remains elevated. Fastenal's primary listing is Nasdaq under the ticker FAST. Its latest USD 52.37 quote on October 21, 2026 at 11:33 a.m. ET stood below the USD 52.92 52-week high and above the USD 38.97 low. MarketBeat cited a price-to-earnings ratio of 41.65 and a market capitalization of USD 59.27 billion on October 21, 2026. Stock price and target. Argus's USD 59.00 target is higher than its previous USD 55.00 target and sits above the latest Nasdaq quote. DA Davidson had retained a Neutral rating and a USD 51.00 target on October 19, 2026, according to Investing.com. Fastenal stock after October results. The combination of 15.50 percent quarterly sales growth and a 21.50 percent operating margin keeps the earnings profile central to the valuation discussion. The next market test is whether customer demand and operating leverage can support the targets set for the remainder of 2026. Discover more Invest in Stocks Fastenal stock was trading at EUR 46.64 at Lang & Schwarz on October 21, 2026 at 5:32 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Fastenal stock. Fastenal Company stock facts. * Company: Fastenal Company * ISIN: US3119001044 * Ticker: FAST * Primary exchange: Nasdaq * Price Lang & Schwarz (as of October 21, 2026, 5:32 p.m. CEST): EUR 46.64 * Market capitalization: USD 60.1 billion (as of October 21, 2026) * 52-week range: USD 38.97-52.92 (as of October 21, 2026) * Sector / Industry: Industrials / Industrial distribution Sponsored Ad Fastenal stock: new analysis - 23 October. Fresh Fastenal information released. What's the impact for investors? Our latest independent report examines recent figures and market trends. Disclaimer regarding our articles: This is not investment advice, nor is it a recommendation to buy or sell. Information regarding prices, companies, and markets is provided without guarantee; changes may occur at any time. Stock market transactions can result in significant losses. Our articles are created and reviewed, in whole or in part, automatically with the assistance of AI. en | US3119001044 | FASTENAL CO. boerse | 70386101 | bgmi

Fastenal's third-quarter results point to broad strength in US industry. The industrial supplier's daily sales in heavy manufacturing, its core end market, rose 20.2% year over year. Other manufacturing grew 13.2%, and all other end markets grew 12.3%. Chief financial officer Max Tunnicliff said machined products, aerospace, and industrial equipment were strong. "Growth opportunities were strongest in data centers," he added. Construction stayed healthy, according to chief executive officer Jeffery Watts, though growth slowed from an unusually strong second quarter. Traditional manufacturing and automotive were weaker, as were agriculture and food. Fastenal's sales respond quickly to customer demand, making it an early gauge of earnings season. The US manufacturing recovery continues, with the Purchasing Managers' Index showing expansion every month this year.

Fastenal (NASDAQ: FAST) lifts margin as daily sales rise 15.5% and cash flow tops net income. Posted by ABMN Staff on Oct 17th, 2026 What happened. Fastenal Company (NASDAQ: FAST) said daily sales rose 15.5% in the third quarter ended September 30, 2026. The company said larger customers helped drive the increase, along with pricing actions and broad demand across core end markets. It also pointed to Onsite, digital, and supply chain solutions. Operating margin was 21.5%, up 0.8 percentage points from 20.7% a year earlier. Net sales were $2.46 billion, up from $2.13 billion. Operating income was $530.8 million, up from $441.5 million. Net income was $401.6 million, up from $335.5 million. Operating cash flow was $422 million. The company returned $328 million to shareholders through dividends and share repurchases. Discover more Market news subscription Stock investment guide Stock market analysis Fastenal said it signed 7,484 weighted FASTBin and FASTVend devices in the quarter. Weighted FASTBin and FASTVend signings rose 6.2% to 7,484 MEUs from 7,050. Key numbers. | Metric | Latest | Change | Source | | Daily sales growth | 15.5% | / | Fastenal Company Reports 2026 Third Quarter Earnings | | Net sales | $2.46 billion | from $2.13 billion, + $330.0 million | Fastenal Company Reports 2026 Third Quarter Earnings | | Gross profit margin | 44.8% | from 45.3%, -0.5 percentage points | Fastenal Company Reports 2026 Third Quarter Earnings | | Operating margin | 21.5% | from 20.7%, +0.8 percentage points | Fastenal Company Reports 2026 Third Quarter Earnings | | Operating cash flow | $421.6 million | from $386.9 million, + $34.7 million | Fastenal Company Reports 2026 Third Quarter Earnings | | Returned to shareholders | $328.4 million | from $252.5 million, + $75.9 million | Fastenal Company Reports 2026 Third Quarter Earnings | Why it matters. OptimistFi's case is that Fastenal works if its customer-embedded supply model keeps turning low-value industrial parts into high-retention, high-cash-flow service revenue without sacrificing its roughly 20% GAAP operating margin. This quarter supports that view because operating margin stayed above 20% and operating cash flow was 105% of net income. Fastenal also said operating cash flow reflected the timing of working capital changes tied to strong sales growth. The release also said SG&A expense as a percentage of net sales fell to 23.3% from 24.6%. Gross profit as a percentage of net sales slipped to 44.8% from 45.3%. Foreign exchange rates cut sales growth by about 10 basis points, and product pricing added about 240 basis points. What's next. Fastenal will host a conference call today at 9:00 a.m. central time to review the quarterly results and current operations. If management keeps operating margin above 20% and cash flow near net income, that would support the case. The company also said it expects to publish monthly consolidated net sales information on its Investor Relations page. It said the quarterly conference call presentation will be released at 6:00 a.m. central time on the earnings date. Sources. * Fastenal Company Reports 2026 Third Quarter Earnings - Press release issued October 14, 2026. * Fastenal Company Form 8-K - Current report filed October 14, 2026. Browse every company OptimistFi covers at optimistfi.com/stocks, or read the latest evidence-first research. The full Fastenal Company investment case, its status and the next test to watch live on the Fastenal Company thesis page. Originally published on OptimistFi, evidence-first equity research. More at optimistfi.com.