FAST Fastenal Company
Fastenal Co. engages in the provision of fasteners, tools, and supplies which can help in the manufacture of products, build structures, protect personnel, and maintain facilities and equipment. It products include cutting tools & metalworking, fasteners, material handling, storage & packaging power, transmission & motors, tools & equipment, electricals, abrasives, hydraulics & pneumatics, plumbing, lifting & rigging, raw materials, fleet & automotive, welding, office products & furniture, janitorial and lighting. The company was founded by Robert A. Kierlin, Michael M. Gostomski, Henry K. McCannon, John D. Remick, and Stephen M. Slaggie in November 1967 and is headquartered in Winona, MN.
Company profile
Ticker
FAST
Exchange
Website
CEO
Daniel Lars Florness
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
FASTENAL COMPANY
SEC CIK
Corporate docs
IRS number
410948415
FAST stock data
()
Calendar
17 Jul 20
22 Sep 20
31 Dec 20
News
Financial summary
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| Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
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Financial data from Fastenal earnings reports.
Recent insider trades
| Date | Owner | Security | Transaction | Code | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|
| 10 Sep 20 | Ancius Michael J | Common Stock | Buy | Aquire P | No | 44.83 | 550 | 24.66K | 550 |
| 2 Sep 20 | Terry Modock Owen | Common Stock | Sell | Dispose S | No | 49.5301 | 1,250 | 61.91K | 7,000 |
| 2 Sep 20 | Terry Modock Owen | Common Stock | Option exercise | Aquire M | No | 27 | 1,250 | 33.75K | 8,250 |
| 2 Sep 20 | Terry Modock Owen | Employee Stock Option Common Stock | Option exercise | Aquire M | No | 27 | 1,250 | 33.75K | 0 |
| 2 Sep 20 | Soderberg John Lewis | Common Stock | Sell | Dispose S | No | 49.78 | 500 | 24.89K | 458 |
| 20 Aug 20 | Rita J. Heise | Common Stock | Sell | Dispose S | No | 48.0701 | 4,000 | 192.28K | 20,000 |
| 20 Aug 20 | Rita J. Heise | Common Stock | Option exercise | Aquire M | No | 26 | 4,000 | 104K | 24,000 |
| 20 Aug 20 | Rita J. Heise | Stock Option Common Stock | Option exercise | Dispose M | No | 26 | 4,000 | 104K | 15,340 |
| 12 Aug 20 | Jeffery Michael Watts | Common Stock | Sell | Dispose S | No | 48.2005 | 2,500 | 120.5K | 0 |
| 12 Aug 20 | Jeffery Michael Watts | Common Stock | Option exercise | Aquire M | No | 21 | 2,500 | 52.5K | 2,500 |
Institutional ownership Q2 2020
77.1% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 838 |
| Opened positions | 115 |
| Closed positions | 77 |
| Increased positions | 284 |
| Reduced positions | 297 |
13F shares |
Current |
|---|---|
| Total value | 220.6B |
| Total shares | 442.52M |
| Total puts | 1.33M |
| Total calls | 1.79M |
| Total put/call ratio | 0.7 |
Largest owners |
Shares | Value |
|---|---|---|
| Vanguard | 68.71M | $2.94B |
| BLK BlackRock | 45.74M | $1.96B |
| BK Bank of New York Mellon | 31.3M | $1.34B |
| STT State Street | 28.13M | $1.2B |
| BAC Bank of America | 12.17M | $521.21M |
| Geode Capital Management | 10.78M | $461.26M |
| PFG Principal Financial | 8.83M | $378.32M |
| NTRS Northern Trust | 7.16M | $306.8M |
| London Co Of Virginia | 6.74M | $288.95M |
| Cantillon Capital Management | 6.22M | $266.52M |
Financial report summary
?Management Discussion
- Fastenal is a North American leader in the wholesale distribution of industrial and construction supplies. We distribute these supplies through a network of over 3,200 in-market locations. Most of our customers are in the manufacturing and non-residential construction markets. The manufacturing market includes both OEM and MRO customers. The non-residential construction market includes general, electrical, plumbing, sheet metal, and road contractors. Other users of our products include farmers, truckers, railroads, oil exploration companies, oil production and refinement companies, mining companies, federal, state, and local governmental entities, schools, and certain retail trades. Geographically, our branches, Onsite locations, and customers are primarily located in North America.
Content analysis
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H.S. junior Good
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New words:
achieved, addressed, aggressively, Aid, albeit, bank, barely, begun, burn, captured, category, challenging, closure, constitute, contrast, core, curtailment, deferred, depression, difficult, drastically, drove, dynamic, ease, economy, eliminated, evident, existed, extra, fell, front, hand, highly, holder, illustrated, individually, infrastructure, IP, level, machine, maximization, MetLife, Metropolitan, minimal, navigate, NYL, onset, Organizational, outlook, paragraph, peaked, persist, personal, PGIM, PPE, precisely, prioritize, promote, proportion, protect, protection, protective, recession, recovery, reestablishing, reimpose, Relief, remedial, removed, respond, resume, resumption, School, security, sharp, sharply, signatory, society, sought, speed, standpoint, stemming, strategic, subsided, surge, tight, traditional, turned, unaffected, unchanged, viral, Waiver
Removed:
accelerated, account, adjusting, buying, chapter, check, chosen, complying, Data, electronically, emerging, expire, FAST, filer, good, hourly, Identification, impactful, implement, incremental, inflation, Interactive, invest, larger, largest, macro, mark, Nasdaq, November, offer, past, proxy, pushed, registered, Regulation, repay, revised, Rule, shell, shorter, smaller, source, submitted, Title, Trading, transition, WASHINGTON, working
Financial reports
10-Q
2020 Q2
Quarterly report
17 Jul 20
10-Q
2020 Q1
Quarterly report
17 Apr 20
10-K
2019 FY
Annual report
6 Feb 20
10-Q
2019 Q3
Quarterly report
16 Oct 19
10-Q
2019 Q2
Quarterly report
16 Jul 19
10-Q
2019 Q1
Quarterly report
16 Apr 19
10-K
2018 FY
Annual report
6 Feb 19
10-Q
2018 Q3
Quarterly report
16 Oct 18
10-Q
2018 Q2
Quarterly report
16 Jul 18
10-Q
2018 Q1
Quarterly report
16 Apr 18
Current reports
8-K
Departure of Directors or Certain Officers
7 Aug 20
8-K
Fastenal Company Reports 2020 Second Quarter Earnings
14 Jul 20
8-K
Departure of Directors or Certain Officers
10 Jun 20
8-K
Fastenal Company Announces Conference Call to Review April 2020 Sales Results
5 May 20
8-K
Departure of Directors or Certain Officers
28 Apr 20
8-K
Submission of Matters to a Vote of Security Holders
28 Apr 20
8-K
Fastenal Company Reports 2020 First Quarter Earnings
14 Apr 20
8-K
Other Events
30 Mar 20
8-K
Departure of Directors or Certain Officers
21 Jan 20
8-K
Fastenal Company Reports 2019 Annual and Fourth Quarter Earnings
17 Jan 20
Registration and prospectus
S-8
Registration of securities for employees
25 Apr 18
S-8
Registration of securities for employees
19 Aug 11
S-8
Registration of securities for employees
22 Oct 09
S-8
Registration of securities for employees
17 May 06
S-3
Shelf registration
13 May 02
S-8
Registration of securities for employees
15 May 98
Proxies
DEFA14A
Additional proxy soliciting materials
30 Mar 20
PX14A6G
Letter to shareholders
25 Mar 20
DEFA14A
Additional proxy soliciting materials
25 Mar 20
DEF 14A
Definitive proxy
28 Feb 20
PX14A6G
Letter to shareholders
5 Mar 19
DEF 14A
Definitive proxy
25 Feb 19
DEF 14A
Definitive proxy
26 Feb 18
DEF 14A
Definitive proxy
27 Feb 17
DEF 14A
Definitive proxy
24 Feb 16
DEF 14A
Definitive proxy
25 Feb 15
Other
SD
Conflict minerals disclosure
19 May 20
UPLOAD
Letter from SEC
14 Apr 20
CORRESP
Correspondence with SEC
13 Apr 20
UPLOAD
Letter from SEC
1 Apr 20
CORRESP
Correspondence with SEC
6 Feb 20
SD
Conflict minerals disclosure
16 May 19
SD
Conflict minerals disclosure
16 May 18
SD
Conflict minerals disclosure
25 May 17
SD
Conflict minerals disclosure
27 May 16
SD
Conflict minerals disclosure
29 May 15
Ownership
4
FASTENAL / Michael J Ancius ownership change
11 Sep 20
4
FASTENAL / John Lewis Soderberg ownership change
4 Sep 20
4
FASTENAL / Terry Modock Owen ownership change
4 Sep 20
4
FASTENAL / Rita J. Heise ownership change
24 Aug 20
3
FASTENAL / Hsenghung Sam HSU ownership change
18 Aug 20
4
FASTENAL / Jeffery Michael Watts ownership change
14 Aug 20
4
FASTENAL / William Joseph Drazkowski ownership change
5 Aug 20
4
FASTENAL / LeLand J Hein ownership change
5 Aug 20
4/A
FASTENAL / LeLand J Hein ownership change
27 Jul 20
4
FASTENAL / William Joseph Drazkowski ownership change
27 Jul 20