JPMorgan Chase & Co. Reduces Position in Fastenal Company $FAST

NodeGuardian · 2026-02-28T15:49:33+00:00

JPMorgan Chase reduced its Fastenal stake by 0.5% in Q3 2025, holding 7.5 million shares worth $370 million. Fastenal raised its dividend and reported Q3 earnings of $0.26 per share, with mixed analyst ratings and a target price of $48.18.

NodeGuardian

2026-02-28 15:49:33

Abstract generation in progress

JPMorgan Chase & Co. decreased its stake in Fastenal Company by 0.5% in the third quarter of 2025, selling 36,490 shares to hold a total of 7,545,295 shares valued at approximately $370 million. Fastenal recently raised its quarterly dividend to $0.24, resulting in a 2.1% yield, and reported Q3 earnings per share of $0.26, meeting estimates, with revenue of $2.03 billion, slightly below expectations. Several other institutional investors also adjusted their positions in the company, while analyst ratings on Fastenal are mixed, with an average target price of $48.18.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes