Fenimore Asset Management increased its holdings in
Fastenal, while
Petredis Investment Advisors and
Riverbridge Partners reduced their stakes.
True North Advisors, Paradiem, and
Beaumont Financial Advisors all grew their positions, as
Fastenal shares also saw a large increase in short interest. The company's Q4 2024 sales growth was notable despite margin pressures.
Fastenal's dividends will be larger than previous years, and the company has announced a cash dividend after Q4 earnings missed expectations.
UMB Bank increased its Fastenal shares, and the company's stock position saw growth from a variety of companies including
Nisa Investment Advisors, Atomi Financial Group, and
Armstrong Henry H Associates. Fastenal's Q3 2024 Earnings highlighted resilient growth amid economic challenges, and the company has 83% institutional backing. However, earnings missed EPS estimates.
Sanibel Captiva Trust Company decreased its Fastenal stock position, as there were negative responses to Q4 earnings and revenue estimates. Institutional shareholders own the majority (83%) of the company.
Fastenal and
NASCAR are set to continue their partnership till 2025.
Fastenal Co FAST News Analytics from Thu, 18 Apr 2024 07:00:00 GMT to Sat, 25 Jan 2025 13:28:19 GMT -
Rating 5
- Innovation 0
- Information 6
- Rumor -5
