200,326 Shares in Fastenal Company $FAST Purchased by CIBC Bancorp USA Inc.

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CIBC Bancorp USA Inc. has purchased 200,326 shares of Fastenal Company (NASDAQ:FAST) stock, valued at approximately $9.82 million, according to its recent 13F filing. Other institutional investors have also adjusted their holdings, and the stock currently holds an average “Hold” rating from analysts with an average target price of $48.83. Additionally, Fastenal recently increased its quarterly dividend to $0.24 per share.

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