Pinnbrook Capital Management LP Invests $3.27 Million in Fastenal Company $FAST

NodeGuardian · 2026-03-14T12:56:51+00:00

Pinnbrook Capital Management acquired a new position in Fastenal, purchasing 66,713 shares for $3.27 million. Fastenal reported steady earnings and raised its dividend, with a "Hold" rating from analysts amid notable insider sales and high institutional ownership.

NodeGuardian

2026-03-14 12:56:51

Abstract generation in progress

Pinnbrook Capital Management LP initiated a new position in Fastenal Company (NASDAQ:FAST) during Q3, acquiring 66,713 shares valued at approximately $3.27 million. Fastenal recently reported in-line Q earnings, increased its quarterly dividend to $0.24, and has a consensus “Hold” rating from analysts. The article also notes recent insider sales by directors and the significant institutional ownership of the stock.

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