Automotive shops and tire makers increasingly warn that a quick re-torque after a short distance is as important as the ...
Fastenal’s latest price target update leaves its fair value estimate largely steady at roughly $43.46 per share, even as a slightly higher discount rate nudges the required return up just a bit. With ...
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Fastenal names new CEO

Fastenal (FAST) chief executive officer Daniel L. Florness will step down from his role on July 16, 2026. The board appointed current president and chief sales officer Jeffery M. Watts to succeed ...
An estimate of a stock's true price based on valuation models like discounted cash flow, peer valuation multiples, and dividend discount models.
Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Eric's career includes extensive work in both public and corporate ...
Lead photo courtesy of Fastenal. In late July, MDM shared the news of Fastenal opening its newest distribution center — a nearly 300,000-square-foot facility in Magna, UT that the company dubbed its ...
Fasteners and construction supplies distributor Fastenal announced April 23 that its board of directors has approved a two-for-one stock split of the company’s outstanding common stock. The split will ...