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Barclays Keeps Their Hold Rating on Fastenal Company (FAST)

Tipranks - Thu Jan 22, 1:52AM CST

Barclays analyst Guy Hardwick maintained a Hold rating on Fastenal Company today and set a price target of $43.00.

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Hardwick covers the Technology sector, focusing on stocks such as IMPINJ, TE Connectivity, and Manhattan Associates. According to TipRanks, Hardwick has an average return of 8.3% and a 70.83% success rate on recommended stocks.

In addition to Barclays, Fastenal Company also received a Hold from KeyBanc’s Kenneth Newman in a report issued today. However, yesterday, Bernstein maintained a Sell rating on Fastenal Company (NASDAQ: FAST).

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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