Fastenal Company is a publicly traded American company headquartered in Winona, Minnesota, founded in 1967. Fastenal is an industrial supply company that focuses on Fastener Supplier near Allentown PA. By providing your email address below, you consent to FASTENAL COMPANY sending you the requested updates about email alerts for investors. Given the large share of entities in shares, Fastenal's share price may be vulnerable to their trading decisions. We found 21 U.S.stocks that are expected to pay a dividend yield of more than 6% next year.
See the full list for free. Losing money on investments is something that no shareholder enjoys, least of all institutional investors who saw the value of their shares fall by 4.0% last week. However, the 7.4% return for shareholders in one year could have softened the blow. However, we assume that they will be on the lookout for any weaknesses in the future.
Check out our most recent analysis on Fastenal As you can see, institutional investors have a significant stake in Fastenal. This implies that the analysts who work for those institutions have analyzed the stocks and they like them. But just like anyone else, they could be wrong. It's not uncommon to see a big drop in the stock price if two large institutional investors try to sell a stock at the same time.
Therefore, it's worth checking Fastenal's track record of benefits in the past (more below). Of course, keep in mind that there are other factors to consider as well. Investors should keep in mind that institutions actually own more than half of the company, so they can collectively wield significant power. Fastenal is not owned by hedge-funds.
The company's largest shareholder is The Vanguard Group, Inc. It is the second largest shareholder and holds 8.6% of the common stock, and State Street Global Advisors, Inc. owns about 4.7% of the company's shares. If we look at the shareholder register, we can see that 51% of the property is controlled by the top 20 shareholders, meaning that no shareholder has a majority interest in the property.
Researching institutional ownership is a good way to measure and filter the expected performance of a stock. The same can be achieved by studying analysts' sentiments. There are a reasonable number of analysts who deal with stocks, so it might be useful to know their global vision for the future. The definition of privileged information may vary slightly from country to country, but board members always count. The company's management runs the business, but the CEO will report to the board of directors, even if he is a member of the board of directors. In general, I think that privileged information ownership is a good thing.
However, sometimes, other shareholders find it more difficult to hold the board to account for their decisions. The general public, who are usually individual investors, has a 14% stake in Fastenal. While this size of ownership may not be enough to tip a political decision in your favor, it can still have a collective impact on company policies. If you'd rather find out what analysts are predicting in terms of future growth, don't miss this free report on analysts' forecasts.
This size of ownership, while significant, may not be enough to change company policy if the decision is not in line with that of other large shareholders. Fastenal first sold mainly fastening elements such as screws, threaded rods and nuts, which are used in construction and manufacturing. Fastenal's retail outlets mainly sell threaded fasteners and other essential construction items, except, oddly enough, nails. Fastenal's Asian trading company, Fastenal Asian Sourcing and Trading Co, is a wholly foreign-owned company located in Shanghai, China, where it manages supply and import purchasing activities.
