Fastenal Company (FAST)

UBS Asset Management, a distinct business unit of UBS Asset Management Americas LLC, reduced its stake in Fastenal Company (NASDAQ:FAST) by 7.3% in the second quarter of 2026, selling over 841,000 shares but still retaining a significant holding worth approximately $513.3 million. Despite this reduction, institutional investors collectively own a substantial 81.38% of Fastenal's stock. The company recently reported strong quarterly revenue growth of 14.7% year-over-year, matched analyst EPS expectations, and increased its quarterly dividend.

Susquehanna Fundamental Investments LLC has reduced its stake in Fastenal Company (NASDAQ:FAST) by 20.7%, selling 226,975 shares and retaining 870,019 shares valued at $41.8 million. Despite this, other institutional investors have increased their positions. Fastenal reported strong quarterly revenue growth of 14.7% and matched earnings expectations, also raising its quarterly dividend to $0.26 per share, though analysts maintain a "Hold" rating.

Headlands Technologies LLC increased its stake in Fastenal Company (NASDAQ:FAST) by 95.1% in the second quarter, purchasing 43,411 additional shares to own a total of 89,077 shares valued at $4.28 million. Fastenal reported quarterly earnings per share of $0.33, matching estimates, and revenue of $2.39 billion, a 14.7% increase year over year. The company also raised its quarterly dividend to $0.26, and institutional investors collectively own 81.38% of the stock.

Flputnam Investment Management Co. significantly increased its stake in Fastenal Company (NASDAQ:FAST) by 797.6% in the second quarter, bringing its total holdings to $3.65 million. Other institutional investors also made substantial investments in Fastenal, which now has 81.38% institutional ownership. Despite some insider selling, analysts maintain a "Hold" rating on the stock with an average price target of $49.17, while Fastenal also recently increased its quarterly dividend.

Okabena Investment Services Inc. significantly reduced its stake in Fastenal Company ($FAST) by 63.1% in the second quarter, selling 46,400 shares but still retaining 27,134 shares valued at approximately $1.3 million. Despite this, institutional investors and hedge funds continue to hold a substantial 81.38% of the company's stock. Fastenal also saw share sales from its directors, while analysts maintain a "Hold" rating with a consensus price target of $49.17, following the company's 14.7% revenue growth and increased quarterly dividend.