SG Americas Securities LLC grew its holdings in shares of Casey’s General Stores, Inc. (NASDAQ:CASY – Free Report) by 208.8% in the 1st quarter, Holdings Channel reports. The fund owned 10,963 shares of the company’s stock after acquiring an additional 7,413 shares during the period. SG Americas Securities LLC’s holdings in Casey’s General Stores were worth $7,980,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also modified their holdings of the company. NewEdge Advisors LLC grew its stake in Casey’s General Stores by 6.4% during the 1st quarter. NewEdge Advisors LLC now owns 1,871 shares of the company’s stock valued at $812,000 after purchasing an additional 113 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of Casey’s General Stores by 129.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 186 shares of the company’s stock valued at $81,000 after buying an additional 105 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in shares of Casey’s General Stores by 431.7% during the second quarter. EverSource Wealth Advisors LLC now owns 218 shares of the company’s stock worth $111,000 after buying an additional 177 shares in the last quarter. Amundi acquired a new stake in shares of Casey’s General Stores during the second quarter worth approximately $338,000. Finally, Jump Financial LLC increased its stake in shares of Casey’s General Stores by 42.6% in the second quarter. Jump Financial LLC now owns 968 shares of the company’s stock worth $494,000 after buying an additional 289 shares during the last quarter. 85.63% of the stock is owned by hedge funds and other institutional investors.
Casey’s General Stores Price Performance
Shares of NASDAQ CASY opened at $778.63 on Friday. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.01 and a quick ratio of 0.60. Casey’s General Stores, Inc. has a 1-year low of $490.00 and a 1-year high of $927.85. The business’s fifty day moving average price is $818.34 and its two-hundred day moving average price is $704.39. The firm has a market capitalization of $28.82 billion, a PE ratio of 40.64, a P/E/G ratio of 2.34 and a beta of 0.61.
Casey’s General Stores Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Saturday, August 1st will be issued a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.3%. This is a boost from Casey’s General Stores’s previous quarterly dividend of $0.57. The ex-dividend date of this dividend is Friday, July 31st. Casey’s General Stores’s dividend payout ratio is presently 11.90%.
Analyst Upgrades and Downgrades
Several research analysts have weighed in on the stock. Royal Bank Of Canada raised their price objective on shares of Casey’s General Stores from $794.00 to $850.00 and gave the stock a “sector perform” rating in a report on Thursday. Capital One Financial assumed coverage on shares of Casey’s General Stores in a research note on Monday, June 22nd. They issued an “equal weight” rating and a $896.00 target price on the stock. Wolfe Research reiterated an “outperform” rating and issued a $1,069.00 price target on shares of Casey’s General Stores in a research note on Thursday, June 11th. Weiss Ratings reissued a “buy (b)” rating on shares of Casey’s General Stores in a report on Wednesday. Finally, Wall Street Zen raised Casey’s General Stores from a “hold” rating to a “buy” rating in a report on Saturday, June 13th. Twelve equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, Casey’s General Stores has a consensus rating of “Moderate Buy” and an average target price of $939.29.
View Our Latest Analysis on Casey’s General Stores
Trending Headlines about Casey’s General Stores
Here are the key news stories impacting Casey’s General Stores this week:
- Positive Sentiment: Casey’s outlined a three-year growth plan focused on food, new stores, and operational efficiency, which could support longer-term earnings and margin expansion. Casey’s Unveils Three-Year Plan Focusing on Growth and Productivity
- Positive Sentiment: Analysts at Zacks Research raised Q4 2028 EPS estimates for Casey’s, signaling improved earnings expectations even though the stock retains a Hold rating.
- Positive Sentiment: BNP Paribas Exane lowered its price target to $995 from $1,032 but kept an outperform rating, implying meaningful upside versus the current share price.
- Positive Sentiment: Casey’s was highlighted among stocks with strong interest coverage ratios and solid EPS growth prospects, reinforcing its profile as a financially resilient company. 4 Stocks With Strong Interest Coverage Ratios to Buy for H2 2026
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.
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