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Bernstein Sticks to Its Sell Rating for Fastenal Company (FAST)

Tipranks - Wed Jan 21, 5:52PM CST

Bernstein analyst Connor Cerniglia maintained a Sell rating on Fastenal Company today and set a price target of $38.00.

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According to TipRanks, Cerniglia is a 2-star analyst with an average return of 0.4% and a 54.55% success rate. Cerniglia covers the Industrials sector, focusing on stocks such as Fastenal Company, Cintas, and Ferguson PLC.

The word on The Street in general, suggests a Hold analyst consensus rating for Fastenal Company with a $45.29 average price target.

Based on Fastenal Company’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $2.13 billion and a net profit of $335.5 million. In comparison, last year the company earned a revenue of $1.91 billion and had a net profit of $298.1 million

Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of FAST in relation to earlier this year. Most recently, in November 2025, Daniel L. Johnson, a Director at FAST bought 1,000.00 shares for a total of $40,440.00.

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