Natixis Advisors LLC Lowers Stock Holdings in Casey’s General Stores, Inc. $CASY

Natixis Advisors LLC reduced its position in Casey’s General Stores, Inc. (NASDAQ:CASY) by 10.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 51,002 shares of the company’s stock after selling 5,944 shares during the quarter. Natixis Advisors LLC owned about 0.14% of Casey’s General Stores worth $28,832,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of CASY. Foster Dykema Cabot & Partners LLC purchased a new stake in Casey’s General Stores in the 3rd quarter worth approximately $25,000. Westside Investment Management Inc. boosted its holdings in Casey’s General Stores by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 46 shares of the company’s stock valued at $26,000 after purchasing an additional 23 shares during the period. Atlantic Union Bankshares Corp purchased a new position in shares of Casey’s General Stores during the 3rd quarter valued at $33,000. Cornerstone Planning Group LLC increased its holdings in shares of Casey’s General Stores by 490.9% in the third quarter. Cornerstone Planning Group LLC now owns 65 shares of the company’s stock worth $34,000 after purchasing an additional 54 shares during the period. Finally, Osterweis Capital Management Inc. bought a new position in shares of Casey’s General Stores in the second quarter worth $45,000. Hedge funds and other institutional investors own 85.63% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Zacks Research lowered Casey’s General Stores from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 23rd. Wells Fargo & Company upped their target price on Casey’s General Stores from $725.00 to $745.00 and gave the stock an “overweight” rating in a research note on Tuesday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Casey’s General Stores in a report on Monday, December 29th. Bank of America initiated coverage on Casey’s General Stores in a research report on Friday, January 9th. They set a “buy” rating for the company. Finally, Deutsche Bank Aktiengesellschaft set a $688.00 price objective on Casey’s General Stores in a report on Thursday, January 8th. Eight equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $680.10.

Insider Buying and Selling at Casey’s General Stores

In other news, Director Moats Maria Castanon acquired 300 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The shares were bought at an average cost of $554.66 per share, with a total value of $166,398.00. Following the acquisition, the director owned 803 shares in the company, valued at approximately $445,391.98. This represents a 59.64% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.54% of the company’s stock.

Casey’s General Stores News Roundup

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

• Positive Sentiment: Q3 earnings beat and upgraded FY26 profit outlook — CASY reported $3.49 EPS (well above estimates) and management raised fiscal‑2026 profit guidance, giving investors confidence in margin-driven earnings upside. Read More.
• Positive Sentiment: Margin expansion and inside-sales momentum — inside same‑store sales, prepared foods and fuel margin gains drove a large increase in EBITDA and net income, supporting cash flow and buyback/dividend capacity. Read More.
• Positive Sentiment: Multiple analyst upgrades and higher price targets — Jefferies, Wells Fargo and RBC (among others) raised targets and ratings after the report, providing fresh buy‑side momentum. Read More., Read More.
• Positive Sentiment: Dividend and share‑repurchase backdrop — Casey’s declared a quarterly dividend and has resumed modest buybacks, reinforcing total‑return appeal amid improving margins (supportive for long‑term holders). Read More.
• Neutral Sentiment: Longer‑term valuation debate — bullish writeups highlight the company as a buy‑the‑dip retail compounder, but some analysts caution CASY’s forward P/E is rich versus peers, creating mixed expectations about near‑term upside. Read More.
• Neutral Sentiment: Short‑interest data shows no clear signal — recent short‑interest entries in feeds report zero/NaN figures, so there’s no confirmed short squeeze dynamic driving the move.
• Negative Sentiment: Revenue miss and softer sales guidance weighed intraday — total revenue came in below consensus, and sales trends prompted some sellers; that explains earlier pullbacks even as earnings and margins beat. Read More., Read More.

Casey’s General Stores Stock Up 3.8%

Shares of NASDAQ:CASY opened at $689.92 on Wednesday. Casey’s General Stores, Inc. has a 52-week low of $372.08 and a 52-week high of $693.60. The firm has a fifty day moving average of $636.60 and a 200 day moving average of $577.12. The firm has a market capitalization of $25.58 billion, a PE ratio of 39.61, a price-to-earnings-growth ratio of 2.29 and a beta of 0.65. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.65 and a current ratio of 1.05.

Casey’s General Stores (NASDAQ:CASY) last released its quarterly earnings results on Monday, March 9th. The company reported $3.49 earnings per share for the quarter, beating analysts’ consensus estimates of $2.94 by $0.55. Casey’s General Stores had a return on equity of 17.80% and a net margin of 3.83%.The business had revenue of $3.92 billion for the quarter, compared to the consensus estimate of $4.08 billion. During the same quarter last year, the business posted $2.33 earnings per share. The company’s revenue for the quarter was up .3% on a year-over-year basis. As a group, research analysts anticipate that Casey’s General Stores, Inc. will post 13.94 EPS for the current fiscal year.

Casey’s General Stores Announces Dividend

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 dividend of $0.57 per share. The ex-dividend date is Friday, May 1st. This represents a $2.28 annualized dividend and a dividend yield of 0.3%. Casey’s General Stores’s dividend payout ratio is 14.02%.

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.