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Donaldson Capital Management LLC Has $55.90 Million Stake in Fastenal Company $FAST
Donaldson Capital Management LLC has decreased its stake in Fastenal Company by 5.9%, now holding 1,393,083 shares valued at approximately $55.90 million, making it 1.8% of their portfolio. Insider selling by Director Scott Satterlee and Director Reyne K. Wisecup has also been noted, contributing to institutional ownership standing at 81.38% and insider ownership at 0.28%. Fastenal reported Q earnings in line with estimates, with revenue up 11.1% year-over-year, and has an average analyst rating of “Hold” with a target price of $48.83.