Harbor Capital Advisors Inc. Trims Stock Position in Casey’s General Stores, Inc. $CASY

Harbor Capital Advisors Inc. decreased its holdings in Casey’s General Stores, Inc. (NASDAQ:CASY) by 78.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,014 shares of the company’s stock after selling 3,753 shares during the quarter. Harbor Capital Advisors Inc.’s holdings in Casey’s General Stores were worth $573,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Nvwm LLC purchased a new stake in Casey’s General Stores in the second quarter valued at approximately $32,000. Rossby Financial LCC increased its holdings in shares of Casey’s General Stores by 580.0% during the 2nd quarter. Rossby Financial LCC now owns 68 shares of the company’s stock worth $35,000 after buying an additional 58 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in shares of Casey’s General Stores in the 2nd quarter worth $42,000. Osterweis Capital Management Inc. acquired a new position in Casey’s General Stores in the second quarter valued at $45,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its holdings in Casey’s General Stores by 242.9% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 96 shares of the company’s stock valued at $49,000 after acquiring an additional 68 shares during the last quarter. Institutional investors and hedge funds own 85.63% of the company’s stock.

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 Trading Up 0.2%

CASY opened at $568.80 on Monday. The firm has a market capitalization of $21.09 billion, a P/E ratio of 34.98 and a beta of 0.65. The firm’s 50 day moving average is $547.94 and its 200-day moving average is $533.52. Casey’s General Stores, Inc. has a 52-week low of $372.08 and a 52-week high of $575.98. The company has a quick ratio of 0.65, a current ratio of 1.05 and a debt-to-equity ratio of 0.62.

Casey’s General Stores (NASDAQ:CASY) last announced its earnings results on Tuesday, December 9th. The company reported $5.53 earnings per share for the quarter, beating the consensus estimate of $4.92 by $0.61. Casey’s General Stores had a net margin of 3.58% and a return on equity of 16.89%. The business had revenue of $4.51 billion during the quarter, compared to the consensus estimate of $4.51 billion. During the same period in the prior year, the firm earned $4.85 earnings per share. The business’s quarterly revenue was up 14.2% compared to the same quarter last year. Analysts expect 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 announced a quarterly dividend, which will be paid on Friday, February 13th. Stockholders of record on Sunday, February 1st will be paid a dividend of $0.57 per share. The ex-dividend date 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 currently 14.02%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Wells Fargo & Company raised their price objective on Casey’s General Stores from $610.00 to $625.00 and gave the stock an “overweight” rating in a report on Tuesday, December 2nd. The Goldman Sachs Group reissued a “neutral” rating and set a $530.00 target price on shares of Casey’s General Stores in a research report on Wednesday, December 10th. Stephens lifted their price target on shares of Casey’s General Stores from $570.00 to $600.00 and gave the company an “overweight” rating in a research report on Wednesday, December 3rd. UBS Group reiterated a “neutral” rating on shares of Casey’s General Stores in a research note on Thursday, December 11th. Finally, KeyCorp reissued an “overweight” rating on shares of Casey’s General Stores in a research note on Thursday, December 11th. 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 MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $585.67.

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.