7,880 Shares in Casey’s General Stores, Inc. $CASY Purchased by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. purchased a new stake in shares of Casey’s General Stores, Inc. (NASDAQ:CASY) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 7,880 shares of the company’s stock, valued at approximately $4,355,000.

A number of other large investors also recently bought and sold shares of CASY. Geode Capital Management LLC increased its holdings in Casey’s General Stores by 7.4% in the fourth quarter. Geode Capital Management LLC now owns 760,438 shares of the company’s stock valued at $420,416,000 after buying an additional 52,250 shares in the last quarter. North Dakota State Investment Board purchased a new stake in shares of Casey’s General Stores during the 4th quarter worth about $720,000. Jackson Creek Investment Advisors LLC acquired a new stake in shares of Casey’s General Stores during the 4th quarter valued at about $1,338,000. Advisors Capital Management LLC grew its position in shares of Casey’s General Stores by 4.4% during the 3rd quarter. Advisors Capital Management LLC now owns 48,355 shares of the company’s stock valued at $27,336,000 after acquiring an additional 2,026 shares during the period. Finally, PNC Financial Services Group Inc. increased its stake in shares of Casey’s General Stores by 2.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 140,491 shares of the company’s stock valued at $77,651,000 after purchasing an additional 3,553 shares in the last quarter. 85.63% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on CASY shares. BMO Capital Markets upped their price target on Casey’s General Stores from $700.00 to $950.00 and gave the stock a “market perform” rating in a report on Thursday. Wall Street Zen raised Casey’s General Stores from a “hold” rating to a “buy” rating in a report on Saturday. William Blair started coverage on Casey’s General Stores in a research report on Wednesday, May 20th. They issued an “outperform” rating for the company. Jefferies Financial Group upped their target price on Casey’s General Stores from $700.00 to $780.00 and gave the stock a “buy” rating in a research note on Tuesday, March 10th. Finally, Royal Bank Of Canada increased their target price on Casey’s General Stores from $792.00 to $794.00 and gave the company a “sector perform” rating in a research report on Wednesday. Eleven analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, Casey’s General Stores currently has a consensus rating of “Moderate Buy” and an average price target of $899.25.

Casey’s General Stores News Roundup

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

• Positive Sentiment: JPMorgan raised its price target on Casey’s General Stores to $975 from $719, signaling improved valuation expectations even while keeping a neutral rating. Benzinga
• Positive Sentiment: Wells Fargo boosted its price target to $960 from $910 and reiterated an overweight rating, reflecting confidence in Casey’s execution and upside potential. Tickerreport.com
• Positive Sentiment: Recent coverage highlighted Casey’s as a long-term momentum stock, reinforcing the view that its business model has both growth and defensive appeal. Zacks
• Positive Sentiment: Analysts and market commentary pointed to durable margin momentum, strong inside sales, disciplined fuel operations, and store growth as reasons earnings power could keep rising into fiscal 2027. Zacks
• Positive Sentiment: The company was also highlighted for its dividend growth and shareholder-return profile, which can support investor interest during volatile markets. Zacks
• Positive Sentiment: MarketBeat commentary described Casey’s as a growth stock with defensive characteristics, supported by buybacks, cash flow generation, and guidance that investors view favorably. MarketBeat

Casey’s General Stores Trading Down 2.3%

CASY stock opened at $895.14 on Friday. Casey’s General Stores, Inc. has a 12-month low of $490.00 and a 12-month high of $927.85. The business’s 50-day moving average is $801.23 and its 200 day moving average is $685.79. The company has a current ratio of 1.01, a quick ratio of 0.64 and a debt-to-equity ratio of 0.59. The stock has a market cap of $33.08 billion, a price-to-earnings ratio of 46.72, a PEG ratio of 2.47 and a beta of 0.61.

Casey’s General Stores (NASDAQ:CASY) last announced its earnings results on Tuesday, June 9th. The company reported $4.37 EPS for the quarter, beating analysts’ consensus estimates of $3.31 by $1.06. The business had revenue of $4.57 billion during the quarter, compared to analysts’ expectations of $4.33 billion. Casey’s General Stores had a return on equity of 18.73% and a net margin of 4.07%.The business’s revenue was up 14.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.63 earnings per share. On average, sell-side analysts anticipate that Casey’s General Stores, Inc. will post 20.51 EPS for the current fiscal year.

Casey’s General Stores Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Saturday, August 1st will be paid a $0.65 dividend. The ex-dividend date of this dividend is Friday, July 31st. This represents a $2.60 annualized dividend and a yield of 0.3%. This is an increase from Casey’s General Stores’s previous quarterly dividend of $0.57. Casey’s General Stores’s dividend payout ratio is currently 11.90%.

About Casey’s General Stores

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.