Pittenger & Anderson Inc. Buys 1,079 Shares of Casey’s General Stores, Inc. $CASY

Pittenger & Anderson Inc. increased its stake in Casey’s General Stores, Inc. (NASDAQ:CASY) by 19.7% in the fourth quarter, HoldingsChannel reports. The fund owned 6,557 shares of the company’s stock after purchasing an additional 1,079 shares during the period. Pittenger & Anderson Inc.’s holdings in Casey’s General Stores were worth $3,624,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Victory Capital Management Inc. grew its stake in shares of Casey’s General Stores by 35.4% in the 3rd quarter. Victory Capital Management Inc. now owns 791,415 shares of the company’s stock worth $447,403,000 after buying an additional 206,777 shares during the last quarter. M&T Bank Corp lifted its holdings in shares of Casey’s General Stores by 15,024.5% during the 4th quarter. M&T Bank Corp now owns 193,140 shares of the company’s stock valued at $106,750,000 after buying an additional 191,863 shares during the period. Barclays PLC raised its holdings in Casey’s General Stores by 717.6% in the 3rd quarter. Barclays PLC now owns 159,106 shares of the company’s stock worth $89,946,000 after purchasing an additional 139,647 shares during the period. Squarepoint Ops LLC raised its holdings in Casey’s General Stores by 146.4% in the 3rd quarter. Squarepoint Ops LLC now owns 157,119 shares of the company’s stock worth $88,823,000 after purchasing an additional 93,366 shares during the period. Finally, Holocene Advisors LP increased its stake in Casey’s General Stores by 98.2% in the 2nd quarter. Holocene Advisors LP now owns 150,075 shares of the company’s stock worth $76,579,000 after buying an additional 74,371 shares in the last quarter. Hedge funds and other institutional investors own 85.63% of the company’s stock.

More Casey’s General Stores News

Here are the key news stories impacting Casey’s General Stores this week:

• Positive Sentiment: KeyCorp raised several quarterly and annual EPS forecasts and reiterated an Overweight rating with an $860 price target — lifting Q4 2026, Q1/Q3/Q4 2027 and FY2026/FY2027 estimates (e.g., FY2027 to $20.40). The analyst upgrades tighten forward earnings expectations and support a higher valuation for CASY. MarketBeat – Casey’s General Stores (CASY)
• Positive Sentiment: Yahoo Finance piece outlines how Casey’s investment story is shifting as analyst targets and the valuation narrative move higher — reinforces the idea that upgrades and higher targets are changing investor positioning. How The Casey’s (CASY) Investment Story Is Shifting With New Analyst Targets And Valuation Narrative
• Positive Sentiment: The Motley Fool highlighted Casey’s as “a strong contender” in the convenience-store sector, emphasizing its business model, management track record and financials — supportive coverage for longer‑term growth investors. Casey’s General Stores: A Strong Contender in the Convenience Store Sector
• Positive Sentiment: Zacks published a bullish take (“3 Reasons to Think ‘Yes'”) spotlighting growth attributes that could drive exceptional returns — another piece of positive third‑party validation. Is Casey’s (CASY) a Solid Growth Stock? 3 Reasons to Think “Yes”
• Neutral Sentiment: Consensus forward earnings remain elevated (MarketBeat/analyst consensus ~ $18.10–18.37 for FY2026), so upside depends on execution and same‑store sales, fuel margins and M&A/integration performance — positive headlines boost sentiment, but fundamentals will need to catch up to justify higher multiples. MarketBeat – Casey’s General Stores (CASY)

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. The Goldman Sachs Group raised their price objective on Casey’s General Stores from $530.00 to $605.00 and gave the company a “neutral” rating in a research report on Wednesday, March 11th. Wells Fargo & Company raised their price objective on shares of Casey’s General Stores from $725.00 to $745.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 10th. UBS Group boosted their price objective on shares of Casey’s General Stores from $600.00 to $706.00 and gave the stock a “neutral” rating in a research note on Wednesday, March 11th. BMO Capital Markets reissued a “market perform” rating and set a $700.00 price objective on shares of Casey’s General Stores in a report on Wednesday, March 4th. Finally, Bank of America assumed coverage on shares of Casey’s General Stores in a research report on Friday, January 9th. They set a “buy” rating for the company. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, Casey’s General Stores has a consensus rating of “Moderate Buy” and a consensus price target of $725.09.

Insider Activity

In other Casey’s General Stores news, Director Mike Spanos purchased 300 shares of Casey’s General Stores stock in a transaction on Friday, March 13th. The shares were bought at an average price of $665.43 per share, with a total value of $199,629.00. Following the completion of the acquisition, the director directly owned 4,499 shares of the company’s stock, valued at approximately $2,993,769.57. This trade represents a 7.14% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Katrina S. Lindsey sold 200 shares of the business’s stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $683.04, for a total transaction of $136,608.00. Following the completion of the transaction, the insider directly owned 4,039 shares of the company’s stock, valued at approximately $2,758,798.56. This represents a 4.72% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.54% of the stock is owned by insiders.

Casey’s General Stores Price Performance

Casey’s General Stores stock opened at $835.92 on Friday. The firm has a market cap of $30.90 billion, a PE ratio of 47.99, a price-to-earnings-growth ratio of 2.71 and a beta of 0.65. Casey’s General Stores, Inc. has a 52-week low of $430.00 and a 52-week high of $836.71. The company has a quick ratio of 0.64, a current ratio of 1.04 and a debt-to-equity ratio of 0.61. The company’s 50 day moving average is $718.23 and its two-hundred day moving average is $627.40.

Casey’s General Stores (NASDAQ:CASY) last released its earnings results on Monday, March 9th. The company reported $3.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.94 by $0.55. The company had revenue of $3.92 billion for the quarter, compared to analyst estimates of $4.08 billion. Casey’s General Stores had a net margin of 3.83% and a return on equity of 17.56%. The firm’s quarterly revenue was up .3% on a year-over-year basis. During the same period in the prior year, the business earned $2.33 EPS. On average, research analysts expect that Casey’s General Stores, Inc. will post 18.16 EPS for the current fiscal year.

Casey’s General Stores Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Friday, May 1st will be issued a $0.57 dividend. The ex-dividend date of this dividend is Friday, May 1st. This represents a $2.28 annualized dividend and a dividend yield of 0.3%. Casey’s General Stores’s payout ratio is presently 13.09%.

Casey’s General Stores Profile

Casey’s General Stores, Inc (NASDAQ: CASY) is a U.S.-based convenience store chain that operates retail fuel stations and food-focused convenience outlets. Founded in 1959 in Boone, Iowa, the company has grown from a single neighborhood store into a regional operator known for combining traditional convenience retailing—fuel, packaged goods and tobacco—with a larger emphasis on fresh and prepared foods.

The company’s stores typically offer gasoline and diesel alongside a range of grocery essentials, grab-and-go items and made-to-order foodservice.