Leeward Investments LLC MA Has $5.82 Million Stock Position in Casey’s General Stores, Inc. $CASY

Leeward Investments LLC MA lowered its stake in Casey’s General Stores, Inc. (NASDAQ:CASY) by 42.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,001 shares of the company’s stock after selling 5,882 shares during the period. Leeward Investments LLC MA’s holdings in Casey’s General Stores were worth $5,824,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Foster Dykema Cabot & Partners LLC bought a new position in shares of Casey’s General Stores in the 3rd quarter valued at $25,000. Central Pacific Bank Trust Division grew its position 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 worth $30,000 after acquiring an additional 19 shares during the last quarter. True Wealth Design LLC grew its position 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 worth $30,000 after acquiring an additional 42 shares during the last quarter. ORG Partners LLC increased its holdings in Casey’s General Stores by 47.6% in the 4th quarter. ORG Partners LLC now owns 62 shares of the company’s stock worth $34,000 after purchasing an additional 20 shares in the last quarter. Finally, Vermillion & White Wealth Management Group LLC acquired a new position in Casey’s General Stores in the 3rd quarter worth about $35,000. Institutional investors own 85.63% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. JPMorgan Chase & Co. lifted their price target on Casey’s General Stores from $719.00 to $975.00 and gave the company a “neutral” rating in a research note on Friday, June 12th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $695.00 price objective on shares of Casey’s General Stores in a research note on Wednesday, June 10th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $1,000.00 target price on shares of Casey’s General Stores in a research report on Monday, June 15th. William Blair initiated coverage on shares of Casey’s General Stores in a report on Wednesday, May 20th. They set an “outperform” rating on the stock. Finally, Capital One Financial started coverage on shares of Casey’s General Stores in a research report on Monday. They issued an “equal weight” rating and a $896.00 price target for the company. Eleven investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $923.00.

Casey’s General Stores Price Performance

Shares of NASDAQ CASY opened at $801.35 on Thursday. The company has a market capitalization of $29.66 billion, a PE ratio of 41.82, a P/E/G ratio of 2.51 and a beta of 0.61. The company has a quick ratio of 0.60, a current ratio of 1.01 and a debt-to-equity ratio of 0.59. Casey’s General Stores, Inc. has a twelve month low of $490.00 and a twelve month high of $927.85. The firm has a fifty day simple moving average of $816.66 and a 200 day simple moving average of $702.34.

Casey’s General Stores (NASDAQ:CASY) last issued its quarterly earnings results on Tuesday, June 9th. The company reported $4.37 earnings per share for the quarter, topping analysts’ consensus estimates of $3.31 by $1.06. Casey’s General Stores had a return on equity of 18.73% and a net margin of 4.07%.The firm had revenue of $4.57 billion during the quarter, compared to the consensus estimate of $4.33 billion. During the same period last year, the business posted $2.63 EPS. The business’s revenue was up 14.5% compared to the same quarter last year. On average, sell-side analysts forecast that Casey’s General Stores, Inc. will post 21.05 EPS for the current year.

Casey’s General Stores Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Saturday, August 1st will be paid a $0.65 dividend. This represents a $2.60 annualized dividend and a 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 payout ratio is presently 11.90%.

Key Stories Impacting Casey’s General Stores

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

• Positive Sentiment: Casey’s unveiled a new three-year strategic plan focused on store growth, food, digital, acquisitions, and fuel margins, signaling continued expansion and earnings upside. Casey’s Announces New Three-Year Strategic Plan
• Positive Sentiment: Zacks Research raised multiple future EPS estimates, including fiscal 2027, 2028, and 2029, reflecting expectations for sustained profit growth. Dividend Increases: From Over 10% Yields to Over 10% Dividend Growth (CASY)
• Positive Sentiment: Casey’s was included on Zacks’ Rank #1 momentum list, highlighting strong earnings momentum and price strength. Best Momentum Stocks to Buy for June 24th
• Positive Sentiment: Analysts said Casey’s earnings growth and operating strength make it a stock to watch, reinforcing the bull case. Earnings Growth & Price Strength Make Casey’s General Stores (CASY) a Stock to Watch

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.