Casey’s General Stores, Inc. $CASY Shares Sold by UBS Group AG

UBS Group AG cut its holdings in shares of Casey’s General Stores, Inc. (NASDAQ:CASY) by 15.7% in the fourth quarter, HoldingsChannel reports. The firm owned 203,685 shares of the company’s stock after selling 37,802 shares during the period. UBS Group AG’s holdings in Casey’s General Stores were worth $112,579,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also modified their holdings of the company. Cannon Global Investment Management LLC acquired a new stake in shares of Casey’s General Stores during the third quarter worth $1,018,000. Advisors Capital Management LLC grew its position in Casey’s General Stores by 4.4% in the third quarter. Advisors Capital Management LLC now owns 48,355 shares of the company’s stock valued at $27,336,000 after purchasing an additional 2,026 shares in the last quarter. Thrivent Financial for Lutherans grew its position in Casey’s General Stores by 1.0% in the third quarter. Thrivent Financial for Lutherans now owns 191,156 shares of the company’s stock valued at $108,065,000 after purchasing an additional 1,950 shares in the last quarter. AE Wealth Management LLC grew its position in Casey’s General Stores by 82.3% in the third quarter. AE Wealth Management LLC now owns 2,574 shares of the company’s stock valued at $1,456,000 after purchasing an additional 1,162 shares in the last quarter. Finally, Dillon & Associates Inc. grew its position in Casey’s General Stores by 25.1% in the third quarter. Dillon & Associates Inc. now owns 25,737 shares of the company’s stock valued at $14,541,000 after purchasing an additional 5,161 shares in the last quarter. Institutional investors and hedge funds own 85.63% of the company’s stock.

More Casey’s General Stores News

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

• Positive Sentiment: KeyCorp raised several quarterly and annual EPS forecasts and reiterated an Overweight rating with an $860 price target — lifting Q4 2026, Q1/Q3/Q4 2027 and FY2026/FY2027 estimates (e.g., FY2027 to $20.40). The analyst upgrades tighten forward earnings expectations and support a higher valuation for CASY. MarketBeat – Casey’s General Stores (CASY)
• Positive Sentiment: Yahoo Finance piece outlines how Casey’s investment story is shifting as analyst targets and the valuation narrative move higher — reinforces the idea that upgrades and higher targets are changing investor positioning. How The Casey’s (CASY) Investment Story Is Shifting With New Analyst Targets And Valuation Narrative
• Positive Sentiment: The Motley Fool highlighted Casey’s as “a strong contender” in the convenience-store sector, emphasizing its business model, management track record and financials — supportive coverage for longer‑term growth investors. Casey’s General Stores: A Strong Contender in the Convenience Store Sector
• Positive Sentiment: Zacks published a bullish take (“3 Reasons to Think ‘Yes'”) spotlighting growth attributes that could drive exceptional returns — another piece of positive third‑party validation. Is Casey’s (CASY) a Solid Growth Stock? 3 Reasons to Think “Yes”
• Neutral Sentiment: Consensus forward earnings remain elevated (MarketBeat/analyst consensus ~ $18.10–18.37 for FY2026), so upside depends on execution and same‑store sales, fuel margins and M&A/integration performance — positive headlines boost sentiment, but fundamentals will need to catch up to justify higher multiples. MarketBeat – Casey’s General Stores (CASY)

Insider Transactions at Casey’s General Stores

In other news, Director Mike Spanos acquired 300 shares of the firm’s stock in a transaction dated Friday, March 13th. The stock was bought at an average price of $665.43 per share, with a total value of $199,629.00. Following the transaction, the director directly owned 4,499 shares in the company, valued at approximately $2,993,769.57. The trade was a 7.14% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Katrina S. Lindsey sold 200 shares of Casey’s General Stores stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $683.04, for a total transaction of $136,608.00. Following the completion of the transaction, the insider directly owned 4,039 shares of the company’s stock, valued at approximately $2,758,798.56. This trade represents a 4.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. JPMorgan Chase & Co. assumed coverage on shares of Casey’s General Stores in a research report on Thursday, March 26th. They issued a “neutral” rating and a $719.00 target price for the company. Zacks Research raised shares of Casey’s General Stores from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 23rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Casey’s General Stores in a research report on Friday, March 27th. Wall Street Zen downgraded shares of Casey’s General Stores from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. Finally, Bank of America assumed coverage on shares of Casey’s General Stores in a research report on Friday, January 9th. They issued a “buy” rating for the company. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, Casey’s General Stores presently has a consensus rating of “Moderate Buy” and a consensus price target of $725.09.

Casey’s General Stores Stock Performance

Shares of CASY opened at $835.92 on Friday. The firm has a 50-day moving average of $718.23 and a 200-day moving average of $626.97. Casey’s General Stores, Inc. has a one year low of $430.00 and a one year high of $836.71. The company has a market cap of $30.90 billion, a PE ratio of 47.99, a price-to-earnings-growth ratio of 2.67 and a beta of 0.65. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.04 and a quick ratio of 0.64.

Casey’s General Stores (NASDAQ:CASY) last announced its quarterly earnings data on Monday, March 9th. The company reported $3.49 EPS for the quarter, beating analysts’ consensus estimates of $2.94 by $0.55. Casey’s General Stores had a net margin of 3.83% and a return on equity of 17.56%. The company had revenue of $3.92 billion during the quarter, compared to the consensus estimate of $4.08 billion. During the same quarter last year, the firm posted $2.33 EPS. The company’s quarterly revenue was up .3% on a year-over-year basis. As a group, equities analysts forecast that Casey’s General Stores, Inc. will post 18.16 earnings per share for the current year.

Casey’s General Stores Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Friday, May 1st will be given a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Friday, May 1st. Casey’s General Stores’s dividend payout ratio (DPR) is 13.09%.

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.