Fastenal Company, headquartered in Winona, Minnesota, distributes industrial and construction supplies in North America and globally. With a market cap of around $55 billion, it offers various products through its stores, fitting into the “large-cap stocks” category. Fastenal stock hit an all-time high of $50.63 on Aug. 25 and is currently trading 5.3% below that peak.

Over the past three months, FAST stock surged 12.3%, surpassing the Industrial Select Sector SPDR Fund’s 5% increase during the same period. Year-to-date, Fastenal’s stock has soared by 33.4% and by 39.7% over the past 52 weeks, outpacing the gains of the Industrial Select Sector SPDR Fund.

Fastenal’s stock prices climbed by 4.2% following the release of its Q2 results on Jul. 14, which exceeded expectations. The company’s quarterly revenue increased by 8.6% year-over-year to $2.1 billion, with an EPS growth of 12.7% year-over-year to $0.29. Fastenal has outperformed W.W. Grainger Inc. on a year-to-date basis.

With a consensus rating of “Hold” among 16 analysts covering FAST stock, it is currently trading slightly above its mean price target of $46.40. Fastenal has consistently traded above its 200-day and 50-day moving averages since April 2025.

Read more at Yahoo Finance: Is FAST Outperforming the Industrial Sector?