Analyst Activity – Northcoast Research Initiates Coverage On Fastenal Company (NASDAQ:FAST) With a Buy

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Analyst Ratings For Fastenal Company (NASDAQ:FAST)

Today, Northcoast Research initiated coverage on Fastenal Company (NASDAQ:FAST) with a Buy with a price target of $54.00.

There are 5 hold ratings, 9 buy ratings, 1 strong buy rating on the stock.

The current consensus rating on Fastenal Company (NASDAQ:FAST) is Buy (Score: 2.73) with a consensus target price of $50.80 per share, a potential 15.25% upside.

Some recent analyst ratings include

  • 7/25/2017-Northcoast Research initiated coverage with a Buy rating.
  • 7/14/2017-Stifel Nicolaus Reiterated Rating of Hold.
  • 7/13/2017-Raymond James Financial, Inc. Upgrade from a “Outperform ” rating to a ” Strong-Buy” rating.
  • 7/13/2017-Credit Suisse Group Reiterated Rating of Buy.
  • 7/12/2017-Robert W. Baird Upgrade from a “Neutral ” rating to a ” Outperform” rating.
  • 7/12/2017-Wells Fargo & Company Reiterated Rating of Market Perform.

Dividend information for Fastenal Company (NASDAQ:FAST)

Fastenal Company (NASDAQ:FAST) pays an annual dividend of Community Ranking: with a yield of 2.90% and an average dividend growth of 14.50% based on a 3 Year Average.

Dividend History for Fastenal Company (NASDAQ:FAST)

  • On 7/11/2017 Fastenal Company announced a quarterly dividend of $0.32 3% with an ex dividend date of 7/24/2017 which will be payable on 8/23/2017.
  • On 4/11/2017 Fastenal Company announced a quarterly dividend of $0.32 2.77% with an ex dividend date of 4/24/2017 which will be payable on 5/24/2017.
  • On 1/17/2017 Fastenal Company announced a quarterly dividend of $0.32 2.51% with an ex dividend date of 1/30/2017 which will be payable on 2/28/2017.
  • On 10/10/2016 Fastenal Company announced a quarterly dividend of $0.30 3% with an ex dividend date of 10/21/2016 which will be payable on 11/22/2016.
  • On 7/11/2016 Fastenal Company announced a quarterly dividend of $0.30 2.74% with an ex dividend date of 7/22/2016 which will be payable on 8/23/2016.
  • On 4/11/2016 Fastenal Company announced a quarterly dividend of $0.30 2.65% with an ex dividend date of 4/22/2016 which will be payable on 5/24/2016.
  • On 1/14/2016 Fastenal Company announced a quarterly dividend of $0.30 2.97% with an ex dividend date of 1/27/2016 which will be payable on 2/26/2016.

Recent Insider Trading Activity For Fastenal Company (NASDAQ:FAST)
Fastenal Company (NASDAQ:FAST) has insider ownership of 0.55% and institutional ownership of 83.12%.

  • On 7/24/2017 Daniel L. Johnson, Director, bought 600 with an average share price of $42.71 per share and the total transaction amounting to $25,626.00. View SEC Filing
  • On 7/21/2017 William Joseph Drazkowski, Insider, bought 1,000 with an average share price of $42.36 per share and the total transaction amounting to $42,360.00. View SEC Filing
  • On 7/17/2017 Holden Lewis, CFO, bought 1,000 with an average share price of $42.51 per share and the total transaction amounting to $42,510.00. View SEC Filing
  • On 5/25/2017 Holden Lewis, CFO, bought 1,000 with an average share price of $43.76 per share and the total transaction amounting to $43,760.00. View SEC Filing
  • On 4/28/2017 Darren R. Jackson, Director, bought 5,000 with an average share price of $44.75 per share and the total transaction amounting to $223,750.00. View SEC Filing
  • On 4/24/2017 Stephen L. Eastman, Director, bought 350 with an average share price of $45.28 per share and the total transaction amounting to $15,848.00. View SEC Filing
  • On 4/17/2017 Daniel L. Johnson, Director, bought 350 with an average share price of $45.67 per share and the total transaction amounting to $15,984.50. View SEC Filing

Recent Trading Activity for Fastenal Company (NASDAQ:FAST)
Shares of Fastenal Company closed the previous trading session at 44.08 up +1.05 2.44% with 3,647,579 shares trading hands.