Is Fastenal Stock Outperforming the Dow?
/Fastenal%20Co_%20truck%20and%20logo%20on%20building-by%20jetcityimage%20via%20iStock.jpg)
Winona, Minnesota-based Fastenal Company (FAST) is a leading North American distributor of industrial and construction supplies, with a growing emphasis on integrated supply chain solutions. Valued at $48.4 billion by market cap, Fastenal operates across the United States and internationally, serving a diverse customer base across manufacturing, construction, government, and other commercial sectors.
Companies worth $10 billion or more are generally described as “large-cap stocks,” Fastenal fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the industrial distribution space.
Its extensive local presence through over 3,300 branches and 1,800+ on-site locations ensures strong customer proximity and service responsiveness. The company benefits from a diversified product mix, reducing reliance on cyclical fastener sales, and operates with strong margins and consistent free cash flow.
Fastenal recently touched its 52-week high price target of $43.10 on Jun. 12, and has surged 14.5% over the past three months, exceeding the broader Dow Jones Industrial Average’s ($DOWI) 3.4% rise during the same time frame.
FAST gained 17.3% in 2025, surpassing $DOWI’s marginal drop over the same time frame. Moreover, FAST has surged 31.2% over the past 52 weeks, outpacing $DOWI’s 9.2% rise during the same time frame.
To confirm the uptrend, FAST has been trading above its 50-day and 200-day moving average since mid-April.
Shares of Fastenal rose 6.4% on April 11 following the release of its Q1 2025 results, which showed revenue of approximately $2 billion, slightly ahead of analyst forecasts. Earnings came in at $0.52 per share, in line with Wall Street expectations, bolstered by continued growth in large-scale, high-value contracts.
Fastenal has notably outperformed its peer W.W. Grainger, Inc.’s (GWW) marginal climb this year and a 15.5% rise over the past 52 weeks.
Among the 14 analysts covering the FAST stock, the consensus rating is a “Hold.” It currently trades above its mean price target of $40.65.
On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.