Exchange Traded Concepts LLC Takes Position in Casey’s General Stores, Inc. $CASY

Exchange Traded Concepts LLC acquired a new position in shares of Casey’s General Stores, Inc. (NASDAQ:CASY) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,596 shares of the company’s stock, valued at approximately $902,000.

Other large investors also recently made changes to their positions in the company. Hsbc Holdings PLC acquired a new position in Casey’s General Stores during the 1st quarter worth approximately $221,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Casey’s General Stores by 13.7% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,715 shares of the company’s stock valued at $744,000 after acquiring an additional 206 shares in the last quarter. Jump Financial LLC acquired a new position in shares of Casey’s General Stores during the first quarter worth approximately $295,000. CreativeOne Wealth LLC lifted its holdings in shares of Casey’s General Stores by 11.1% in the 1st quarter. CreativeOne Wealth LLC now owns 1,402 shares of the company’s stock worth $609,000 after purchasing an additional 140 shares in the last quarter. Finally, PEAK6 LLC acquired a new stake in Casey’s General Stores in the 1st quarter valued at $289,000. 85.63% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on CASY shares. Royal Bank Of Canada upped their price objective on shares of Casey’s General Stores from $570.00 to $591.00 and gave the stock a “sector perform” rating in a report on Wednesday, December 10th. The Goldman Sachs Group reissued a “neutral” rating and set a $530.00 target price on shares of Casey’s General Stores in a research report on Wednesday, December 10th. BMO Capital Markets raised their price target on shares of Casey’s General Stores from $515.00 to $540.00 and gave the company a “market perform” rating in a research report on Wednesday, September 10th. KeyCorp reissued an “overweight” rating on shares of Casey’s General Stores in a report on Thursday, December 11th. Finally, Evercore ISI increased their price objective on Casey’s General Stores from $585.00 to $610.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 2nd. Seven research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $585.67.

Casey’s General Stores Stock Up 0.2%

Casey’s General Stores stock opened at $568.80 on Monday. Casey’s General Stores, Inc. has a fifty-two week low of $372.08 and a fifty-two week high of $575.98. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.65 and a current ratio of 1.05. The firm’s 50-day simple moving average is $547.94 and its 200 day simple moving average is $533.52. The stock has a market cap of $21.09 billion, a PE ratio of 34.98 and a beta of 0.65.

Casey’s General Stores (NASDAQ:CASY) last posted its earnings results on Tuesday, December 9th. The company reported $5.53 EPS for the quarter, topping the consensus estimate of $4.92 by $0.61. Casey’s General Stores had a net margin of 3.58% and a return on equity of 16.89%. The firm had revenue of $4.51 billion for the quarter, compared to analysts’ expectations of $4.51 billion. During the same quarter last year, the firm earned $4.85 EPS. The company’s quarterly revenue was up 14.2% compared to the same quarter last year. Research analysts predict that Casey’s General Stores, Inc. will post 13.94 EPS for the current fiscal year.

Casey’s General Stores Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Sunday, February 1st will be issued a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Friday, January 30th. Casey’s General Stores’s dividend payout ratio (DPR) is 14.02%.

Casey’s General Stores News Summary

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

• Positive Sentiment: Zacks raised FY2027 EPS to $18.35 (from $17.80) and FY2028 to $19.90 (from $19.40), signaling stronger full‑year profit outlooks that could support higher valuation multiples. Zacks Research Revisions
• Positive Sentiment: Several quarterly raises: Q2 2027 bumped to $5.91 (from $5.43), Q3 2027 to $3.05 (from $2.92), Q4 2027 to $3.34 (from $3.25), and Q4 2026 to $3.05 (from $2.83) — these increments point to better-than-expected operational trends across upcoming quarters. Zacks Research Revisions
• Neutral Sentiment: Zacks retains a “Hold” rating on CASY despite the mixed revisions; the firm’s view tempers how strongly investors may react to the estimate changes. Zacks Research Revisions
• Negative Sentiment: Zacks trimmed near‑term estimates: Q1 2027 was cut to $6.05 (from $6.20) and Q1 2028 to $6.56 (from $6.76), indicating potential short‑term headwinds that could weigh on next‑quarter expectations and near‑term stock momentum. Zacks Research Revisions

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.