Casey’s General Stores, Inc. $CASY is Hennessy Advisors Inc.’s 8th Largest Position

Posted by Brenda Bartman on Aug 30th, 2026

Hennessy Advisors Inc. cut its stake in Casey’s General Stores, Inc. (NASDAQ:CASY – Free Report) by 21.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 69,500 shares of the company’s stock after selling 18,500 shares during the quarter. Casey’s General Stores makes up approximately 1.8% of Hennessy Advisors Inc.’s investment portfolio, making the stock its 8th largest position. Hennessy Advisors Inc.’s holdings in Casey’s General Stores were worth $55,238,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Kathmere Capital Management LLC increased its holdings in shares of Casey’s General Stores by 3.5% during the 1st quarter. Kathmere Capital Management LLC now owns 387 shares of the company’s stock valued at $282,000 after purchasing an additional 13 shares in the last quarter. Pinnacle Bancorp Inc. grew its position in Casey’s General Stores by 4.8% during the first quarter. Pinnacle Bancorp Inc. now owns 303 shares of the company’s stock valued at $221,000 after buying an additional 14 shares during the period. Lincoln Capital LLC increased its holdings in Casey’s General Stores by 4.0% in the second quarter. Lincoln Capital LLC now owns 366 shares of the company’s stock valued at $291,000 after buying an additional 14 shares in the last quarter. Menard Financial Group LLC increased its holdings in Casey’s General Stores by 1.2% in the fourth quarter. Menard Financial Group LLC now owns 1,267 shares of the company’s stock valued at $700,000 after buying an additional 15 shares in the last quarter. Finally, Cibc World Market Inc. raised its position in shares of Casey’s General Stores by 0.3% in the fourth quarter. Cibc World Market Inc. now owns 5,136 shares of the company’s stock worth $2,839,000 after acquiring an additional 16 shares during the period. Institutional investors and hedge funds own 85.63% of the company’s stock.

Insider Buying and Selling

In other Casey’s General Stores news, Director Allison M. Wing sold 530 shares of Casey’s General Stores stock in a transaction on Wednesday, July 8th. The shares were sold at an average price of $837.58, for a total transaction of $443,917.40. Following the sale, the director owned 3,042 shares of the company’s stock, valued at $2,547,918.36. The trade was a 14.84% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Katrina S. Lindsey sold 2,000 shares of the stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $800.00, for a total transaction of $1,600,000.00. Following the completion of the sale, the insider owned 6,668 shares of the company’s stock, valued at $5,334,400. This trade represents a 23.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 30,243 shares of company stock worth $24,421,877 in the last ninety days. Company insiders own 0.67% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on CASY shares. BNP Paribas Exane lowered their target price on shares of Casey’s General Stores from $1,032.00 to $995.00 and set an “outperform” rating on the stock in a research note on Thursday, June 25th. JPMorgan Chase & Co. increased their price target on Casey’s General Stores from $719.00 to $975.00 and gave the stock a “neutral” rating in a research report on Friday, June 12th. The Goldman Sachs Group raised their price objective on Casey’s General Stores from $695.00 to $795.00 and gave the company a “neutral” rating in a report on Thursday, June 25th. Capital One Financial initiated coverage on Casey’s General Stores in a research report on Monday, June 22nd. They issued an “equal weight” rating and a $896.00 price objective for the company. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $1,000.00 target price on shares of Casey’s General Stores in a research note on Monday, June 15th. Fourteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $942.87.

View Our Latest Stock Report on Casey’s General Stores

Casey’s General Stores Trading Down 1.0%

CASY stock opened at $755.47 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 $831.92 and its 200 day moving average is $781.32. The company has a current ratio of 1.01, a quick ratio of 0.60 and a debt-to-equity ratio of 0.59. The stock has a market cap of $27.96 billion, a price-to-earnings ratio of 39.43, a PEG ratio of 2.59 and a beta of 0.61.

Casey’s General Stores (NASDAQ:CASY – Get Free Report) 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 21.11 EPS for the current fiscal year.

Casey’s General Stores Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Saturday, August 1st were issued a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Friday, July 31st. This is an increase from Casey’s General Stores’s previous quarterly dividend of $0.57. Casey’s General Stores’s payout ratio is 13.57%.

About Casey’s General Stores

(Free Report)

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.