Heck Capital Advisors 13F: New $1.4M Stake in Fastenal (FAST)

Heck Capital Advisors jumped into Fastenal Company (NasdaqGS:FAST) by opening a brand-new position during the period. According to a Form 13F filing with the SEC on October 14, 2026, the fund bought 28,442 shares. The reported value of this new holding sits at about $1.41 million. Keep in mind that 13F reports look backward at what managers owned at the end of the last quarter, so they might not reflect the fund's current holdings today.

What Changed in Heck Capital Advisors's Fastenal Position

Heck Capital Advisors started fresh with Fastenal by picking up 28,442 shares. Because this is a brand-new stake, there were no prior shares on the books and no percentage change to report. The total value of the investment clocks in at $1,408,733 based on the filing data.

Other Institutional Activity in Fastenal

Big institutional funds continue to make adjustments to their Fastenal holdings. Blackrock Inc. grew its holdings by 1,539,932 shares, ending with 106,297,179 shares worth about $5.42 billion. Vanguard Capital Management LLC grew its holdings by 357,896 shares, ending with 74,919,565 shares worth about $3.82 billion. Vanguard Portfolio Management LLC grew its holdings by 444,697 shares, ending with 64,893,489 shares worth about $3.31 billion. State Street Corporation grew its holdings by 872,395 shares, ending with 56,438,968 shares worth about $2.88 billion. Charles Schwab Investment Management, Inc. grew its holdings by 3,505,524 shares, ending with 42,893,434 shares worth about $2.19 billion.

Fastenal Company Stock Up 0.3%

Fastenal shares recently traded around $50.52 as of October 16, 2026. The stock is sitting about 8.3% above its 200-day moving average of $46.63 and trades just below its 52-week high of $52.92.

Recent Earnings

Fastenal reported $9.08 billion in trailing-twelve-month revenue alongside basic earnings of $1.23 per share. The company posted a return on equity of 35.3% and a net profit margin of 15.6%. Its year-over-year revenue growth stands at 15.5%. The next earnings report is expected on January 19, 2027.

Dividend

Fastenal pays an annual dividend rate of $1.04 per share, giving it a dividend yield of 2.06%. The company's payout ratio is 78.6%.

Insider Buying and Selling at Fastenal Company

Company insiders were active sellers over the summer months. Director Michael J Ancius sold 3,000 shares on July 28, 2026, at an average price of $49.00 for a total value of $147,000. Director Rita J Heise sold 34,964 shares on August 5, 2026, at an average price of $50.05, totaling $1.75 million. Director Michael J Ancius sold another 3,000 shares on August 10, 2026, at $52.00 for $156,000. Finally, officer Donnalee Kathleen Papenfuss sold 9,258 shares on August 13, 2026, valued at $475,758.

Analysts Set New Price Targets

Wall Street analysts have mixed views on the stock. On July 8, 2026, Morgan Stanley maintained its Equal-Weight rating while raising its price target from $45.00 to $48.00. Rothschild & Co initiated coverage with a Buy rating and a $55.00 price target on July 13, 2026. DA Davidson maintained a Neutral rating with a $46.00 target on July 15, 2026. Morgan Stanley adjusted its target again on July 16, 2026, lifting it from $48.00 to $52.00 while keeping an Equal-Weight rating. Barclays also maintained an Equal-Weight rating on July 16, 2026, lowering its target slightly from $47.00 to $46.00. Overall, Fastenal carries a consensus hold rating from 13 analysts with a mean price target of $50.68.

About Fastenal Company

Fastenal Company operates as a wholesale distributor of industrial and construction supplies. Based in Winona, Minnesota, the company supplies fasteners and other building products to customers across North America and internationally. Institutional interest from firms like Heck Capital Advisors underscores ongoing portfolio adjustments in the industrial distribution space.

Bottom Line

Investors should watch for Fastenal's upcoming earnings report on January 19, 2027, to gauge how industrial demand impacts the company's margins and revenue growth. Institutional filings like Heck Capital's provide a window into past fund allocations but do not represent real-time trading activity. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.