Robeco Institutional Asset Management B.V. has expanded their stock holdings in
Fastenal Company (FAST). This reflects a trend of strong
institutional backing for the company, which holds 86% of Fastenal shares. CEO transition in the company has been announced. A large number of shares have been sold by institutions like
Benjamin Edwards Inc. and
Absher Wealth Management LLC, while others such as
Fifth Third Wealth Advisors LLC and
Generali Asset Management SPA SGR have increased their stake. The company's stock performance has shown some weakness but its
financial prospects remain promising.
Fastenal's Q3 earnings mixed-success results showed a
revenue miss but an improved y/y margin.
Analysts hold mixed reviews on the future of the company, but remain in favor of its
long-term potential. The company's
cash dividend has been announced recently.
Fastenal Co FAST News Analytics from Wed, 23 Apr 2025 07:00:00 GMT to Sat, 10 Jan 2026 10:26:50 GMT -
Rating 4
- Innovation 3
- Information 6
- Rumor -2