Exchange Traded Concepts LLC Takes $902,000 Position in Casey’s General Stores, Inc. $CASY

Exchange Traded Concepts LLC acquired a new stake in shares of Casey’s General Stores, Inc. (NASDAQ:CASY) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 1,596 shares of the company’s stock, valued at approximately $902,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Hsbc Holdings PLC bought a new stake in shares of Casey’s General Stores during the first quarter worth about $221,000. Northwestern Mutual Wealth Management Co. boosted its position in Casey’s General Stores by 13.7% during the 1st 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 period. Jump Financial LLC acquired a new stake in Casey’s General Stores during the 1st quarter worth approximately $295,000. CreativeOne Wealth LLC grew its holdings in Casey’s General Stores by 11.1% during the 1st quarter. CreativeOne Wealth LLC now owns 1,402 shares of the company’s stock worth $609,000 after acquiring an additional 140 shares during the last quarter. Finally, PEAK6 LLC acquired a new position in Casey’s General Stores in the 1st quarter valued at approximately $289,000. Institutional investors and hedge funds own 85.63% of the company’s stock.

Casey’s General Stores Stock Performance

Shares of Casey’s General Stores stock opened at $568.80 on Monday. The business has a 50-day moving average price of $547.94 and a two-hundred day moving average price of $533.52. Casey’s General Stores, Inc. has a 1-year low of $372.08 and a 1-year high of $575.98. 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 company 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 (NASDAQ:CASY) last announced its quarterly earnings data on Tuesday, December 9th. The company reported $5.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.92 by $0.61. Casey’s General Stores had a return on equity of 16.89% and a net margin of 3.58%.The company had revenue of $4.51 billion for the quarter, compared to the consensus estimate of $4.51 billion. During the same period in the previous year, the business earned $4.85 EPS. The firm’s revenue was up 14.2% compared to the same quarter last year. As a group, analysts anticipate that Casey’s General Stores, Inc. will post 13.94 EPS for the current year.

Casey’s General Stores Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 13th. Stockholders of record on Sunday, February 1st will be given 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 dividend yield of 0.4%. Casey’s General Stores’s dividend payout ratio (DPR) is 14.02%.

Analyst Ratings Changes

A number of equities analysts have recently commented on CASY shares. Evercore ISI lifted their price target on shares of Casey’s General Stores from $585.00 to $610.00 and gave the stock an “outperform” rating in a report on Tuesday, December 2nd. Jefferies Financial Group raised their target price on Casey’s General Stores from $575.00 to $600.00 and gave the stock a “buy” rating in a research report on Tuesday, September 9th. UBS Group reaffirmed a “neutral” rating on shares of Casey’s General Stores in a report on Thursday, December 11th. Royal Bank Of Canada increased their price target on Casey’s General Stores from $570.00 to $591.00 and gave the company a “sector perform” rating in a research note on Wednesday, December 10th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Casey’s General Stores in a research report on Monday, December 22nd. Seven investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $585.67.

Key Stores Impacting 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 Company 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.