Fastenal Company (FAST) has attracted significant interest from institutional investors recently. The industrial and construction supplies company has seen a broad range of financial institutions, from Elevation Point Wealth Partners LLC to Bernstein, increase their share ownership. However, Bernstein has given FAST a sell rating. Despite this, other investors like Virtus Investment Advisers LLC and Russell Investments Group Ltd. continue to acquire more of FAST's shares. Several companies, including Jefferies Financial Group Inc. and Entropy Technologies LP, have made sizeable investments in Fastenal. The company's shares have shown a 7.4% returns in a year, despite recent unplanned drops in share price, which has drawn the attention of long-term investors. Fastenal's shares have also been bought by major institutional investors like American Century Companies Inc. and MAI Capital Management. This positive move by big industry players has prompted questions about whether the company's stock is currently undervalued and a must-buy for long-term investors. This sentiment is supported by Fastenal's third quarter 2025 earnings, which showed strong growth despite various market challenges.
Fastenal Co FAST News Analytics from Thu, 01 May 2025 07:00:00 GMT to Sat, 29 Nov 2025 14:19:05 GMT -
Rating 6
- Innovation 3
- Information 7
- Rumor 2
