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

Focus Partners Advisor Solutions LLC raised its stake in shares of Casey’s General Stores, Inc. (NASDAQ:CASY) by 541.9% in the 4th quarter, Holdings Channel reports. The fund owned 4,423 shares of the company’s stock after acquiring an additional 3,734 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in Casey’s General Stores were worth $2,445,000 as of its most recent filing with the Securities & Exchange Commission.

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

Insider Activity

In other news, Director Mike Spanos acquired 300 shares of the company’s stock in a transaction that occurred on Friday, March 13th. The stock was purchased at an average cost of $665.43 per share, with a total value of $199,629.00. Following the purchase, 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 position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.54% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. William Blair assumed coverage on Casey’s General Stores in a research note on Wednesday, May 20th. They set an “outperform” rating for the company. Wall Street Zen downgraded Casey’s General Stores from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. UBS Group increased their target price on Casey’s General Stores from $706.00 to $805.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 3rd. Morgan Stanley raised Casey’s General Stores to a “buy” rating in a research note on Wednesday. Finally, KeyCorp increased their target price on Casey’s General Stores from $830.00 to $860.00 and gave the stock an “overweight” rating in a research note on Friday, April 24th. Ten investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $796.91.

More 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 Stock Performance

Shares of CASY stock opened at $915.60 on Thursday. 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. The stock has a 50 day simple moving average of $794.30 and a 200-day simple moving average of $681.81. Casey’s General Stores, Inc. has a 12-month low of $488.91 and a 12-month high of $917.47. The company has a current ratio of 1.04, a quick ratio of 0.64 and a debt-to-equity ratio of 0.61.

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

Casey’s General Stores Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Saturday, August 1st will be paid 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 of this dividend is Friday, July 31st. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.3%. Casey’s General Stores’s dividend payout ratio (DPR) is currently 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.