Fastenal Company $FAST Shares Acquired by Parr Mcknight Wealth Management Group LLC

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Parr Mcknight Wealth Management Group LLC significantly increased its stake in Fastenal Company ($FAST), boosting its position by 534.1% to own 59,101 shares worth $2.90 million. Fastenal also declared an increased quarterly dividend of $0.24 per share, up from $0.22, resulting in a 2.1% yield. While analyst sentiment is mixed with a “Hold” consensus, some firms have raised their price targets for the stock.

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