Cerity Partners LLC Boosts Stock Position in Casey’s General Stores, Inc. $CASY

Cerity Partners LLC lifted its position in Casey’s General Stores, Inc. (NASDAQ:CASY) by 9.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 62,833 shares of the company’s stock after buying an additional 5,627 shares during the quarter. Cerity Partners LLC’s holdings in Casey’s General Stores were worth $34,728,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Foster Dykema Cabot & Partners LLC purchased a new stake in shares of Casey’s General Stores in the 3rd quarter valued at $25,000. True Wealth Design LLC raised its holdings in shares of Casey’s General Stores by 350.0% in the 4th quarter. True Wealth Design LLC now owns 54 shares of the company’s stock valued at $30,000 after buying an additional 42 shares during the period. Central Pacific Bank Trust Division raised its holdings in shares of Casey’s General Stores by 52.8% in the 4th quarter. Central Pacific Bank Trust Division now owns 55 shares of the company’s stock valued at $30,000 after buying an additional 19 shares during the period. Vermillion & White Wealth Management Group LLC purchased a new stake in shares of Casey’s General Stores in the 3rd quarter valued at $35,000. Finally, ORG Partners LLC raised its holdings in shares of Casey’s General Stores by 47.6% in the 4th quarter. ORG Partners LLC now owns 62 shares of the company’s stock valued at $34,000 after buying an additional 20 shares during the period. Hedge funds and other institutional investors own 85.63% of the company’s stock.

Insiders Place Their Bets

In other Casey’s General Stores news, Director Mike Spanos acquired 300 shares of the company’s stock in a transaction dated Friday, March 13th. The shares were acquired at an average price of $665.43 per share, for a total transaction of $199,629.00. Following the acquisition, the director owned 4,499 shares in the company, valued at $2,993,769.57. The trade was a 7.14% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.54% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. BMO Capital Markets reiterated a “market perform” rating and issued a $700.00 price objective on shares of Casey’s General Stores in a report on Wednesday, March 4th. William Blair assumed coverage on Casey’s General Stores in a report on Wednesday, May 20th. They issued an “outperform” rating on the stock. JPMorgan Chase & Co. assumed coverage on Casey’s General Stores in a report on Thursday, March 26th. They issued a “neutral” rating and a $719.00 price objective on the stock. UBS Group boosted their price objective on Casey’s General Stores from $706.00 to $805.00 and gave the company a “neutral” rating in a report on Wednesday, June 3rd. Finally, The Goldman Sachs Group reiterated a “neutral” rating and issued a $695.00 price objective on shares of Casey’s General Stores in a report on Wednesday. Ten investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, Casey’s General Stores currently has a consensus rating of “Moderate Buy” and a consensus price target of $796.91.

Casey’s General Stores Price Performance

Shares of NASDAQ CASY opened at $915.60 on Thursday. The stock’s 50-day moving average is $794.30 and its two-hundred day moving average is $681.81. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.04 and a quick ratio of 0.64. Casey’s General Stores, Inc. has a 1-year low of $488.91 and a 1-year high of $917.47. The company has a market cap of $33.84 billion, a price-to-earnings ratio of 47.79, a price-to-earnings-growth ratio of 2.11 and a beta of 0.61.

Casey’s General Stores (NASDAQ:CASY) last issued its quarterly earnings results on Tuesday, June 9th. The company reported $4.37 earnings per share for the quarter, topping the consensus estimate of $3.31 by $1.06. Casey’s General Stores had a return on equity of 18.96% and a net margin of 4.07%.The company had revenue of $4.57 billion for the quarter, compared to the consensus estimate of $4.33 billion. During the same quarter in the prior year, the business earned $2.63 EPS. Casey’s General Stores’s revenue was up 14.5% on a year-over-year basis. Analysts forecast that Casey’s General Stores, Inc. will post 20.37 EPS for the current fiscal year.

Casey’s General Stores Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Saturday, August 1st will be issued a dividend of $0.65 per share. This is a positive change from Casey’s General Stores’s previous quarterly dividend of $0.57. The ex-dividend date is Friday, July 31st. This represents a $2.60 annualized dividend and a yield of 0.3%. Casey’s General Stores’s dividend payout ratio (DPR) is currently 13.09%.

Key Casey’s General Stores News

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

• Positive Sentiment: Casey’s delivered Q4 diluted EPS of $4.37, well ahead of estimates, with revenue of $4.57 billion also topping forecasts. The company said net income rose 65.5% year over year and EBITDA increased 33.2%, signaling broad-based operating strength. Article Title
• Positive Sentiment: Same-store sales and food service trends were strong, with management pointing to robust pizza, appetizer, side, and beverage sales as key drivers of the quarter’s outperformance. Article Title
• Positive Sentiment: The company raised its quarterly dividend by 14% to $0.65 per share, which reinforces confidence in cash generation and shareholder returns. Article Title
• Positive Sentiment: Several follow-up reports and commentary noted that the results were exceptional and that management’s FY27 outlook helped extend the post-earnings rally in the shares. Article Title
• Neutral Sentiment: Some market commentary highlighted that the stock’s valuation is now demanding after the run-up, with one note pointing to a rich forward earnings multiple even as fundamentals improved. Article Title
• Neutral Sentiment: Analysts and media coverage emphasized that the shares were already trending higher ahead of and after earnings, reflecting strong investor enthusiasm for the report and outlook. Article Title
• Negative Sentiment: One risk mentioned in post-earnings analysis is exposure to fuel margin volatility and gas prices, which could pressure future results if conditions weaken. Article Title

Casey’s General Stores Company 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.