Shaker Investments LLC OH Decreases Holdings in Casey’s General Stores, Inc. $CASY

Shaker Investments LLC OH decreased its stake in Casey’s General Stores, Inc. (NASDAQ:CASY) by 14.9% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,905 shares of the company’s stock after selling 1,380 shares during the period. Casey’s General Stores accounts for about 1.8% of Shaker Investments LLC OH’s holdings, making the stock its 18th biggest position. Shaker Investments LLC OH’s holdings in Casey’s General Stores were worth $4,469,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Hsbc Holdings PLC bought a new stake in shares of Casey’s General Stores in the 1st quarter worth approximately $221,000. Northwestern Mutual Wealth Management Co. increased its position in Casey’s General Stores by 13.7% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,715 shares of the company’s stock worth $744,000 after buying an additional 206 shares during the last quarter. Jump Financial LLC bought a new stake in shares of Casey’s General Stores in the first quarter valued at $295,000. CreativeOne Wealth LLC raised its stake in shares of Casey’s General Stores by 11.1% in the first quarter. CreativeOne Wealth LLC now owns 1,402 shares of the company’s stock valued at $609,000 after buying an additional 140 shares during the period. Finally, PEAK6 LLC purchased a new position in shares of Casey’s General Stores during the 1st quarter valued at $289,000. 85.63% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Casey’s General Stores

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 Price Performance

Shares of NASDAQ:CASY opened at $568.80 on Friday. The company has a 50 day moving average of $547.94 and a 200 day moving average of $533.28. The company has a current ratio of 1.05, a quick ratio of 0.65 and a debt-to-equity ratio of 0.62. The stock has a market cap of $21.09 billion, a P/E ratio of 34.98 and a beta of 0.65. Casey’s General Stores, Inc. has a 12 month low of $372.08 and a 12 month high of $575.98.

Casey’s General Stores (NASDAQ:CASY) last posted its earnings results on Tuesday, December 9th. The company reported $5.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.92 by $0.61. The business had revenue of $4.51 billion for the quarter, compared to analysts’ expectations of $4.51 billion. Casey’s General Stores had a net margin of 3.58% and a return on equity of 16.89%. The business’s revenue for the quarter was up 14.2% compared to the same quarter last year. During the same period in the prior year, the company posted $4.85 EPS. As a group, sell-side analysts forecast 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 disclosed a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Sunday, February 1st will be paid a dividend of $0.57 per share. The ex-dividend date of this dividend is Friday, January 30th. This represents a $2.28 annualized dividend and a yield of 0.4%. Casey’s General Stores’s dividend payout ratio (DPR) is currently 14.02%.

Insider Buying and Selling

In related news, insider Chad Michael Frazell sold 3,487 shares of the business’s stock in a transaction dated Monday, September 29th. The stock was sold at an average price of $555.40, for a total transaction of $1,936,679.80. Following the completion of the transaction, the insider directly owned 7,993 shares in the company, valued at $4,439,312.20. The trade was a 30.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.54% of the stock is currently owned by insiders.

Analysts Set New Price Targets

CASY has been the subject of several recent research reports. Royal Bank Of Canada lifted their price objective on 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. Wells Fargo & Company lifted their target price on shares of Casey’s General Stores from $610.00 to $625.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 2nd. Evercore ISI upped their price target on shares of Casey’s General Stores from $585.00 to $610.00 and gave the company an “outperform” rating in a research note on Tuesday, December 2nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Casey’s General Stores in a report on Monday, December 22nd. Finally, Jefferies Financial Group boosted their target price on shares of Casey’s General Stores from $575.00 to $600.00 and gave the company a “buy” rating in a report on Tuesday, September 9th. Seven equities 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, the company has a consensus rating of “Moderate Buy” and a consensus price target of $585.67.

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.