Natixis Advisors LLC Cuts Stake in Casey’s General Stores, Inc. $CASY

Natixis Advisors LLC lowered its holdings in shares of Casey’s General Stores, Inc. (NASDAQ:CASY) by 10.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 51,002 shares of the company’s stock after selling 5,944 shares during the period. Natixis Advisors LLC’s holdings in Casey’s General Stores were worth $28,832,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the business. Foster Dykema Cabot & Partners LLC bought a new stake in Casey’s General Stores in the third quarter worth $25,000. Westside Investment Management Inc. grew its stake in shares of Casey’s General Stores by 100.0% during the third quarter. Westside Investment Management Inc. now owns 46 shares of the company’s stock valued at $26,000 after buying an additional 23 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new position in shares of Casey’s General Stores in the third quarter worth about $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 buying an additional 54 shares during the period. Finally, Osterweis Capital Management Inc. bought a new stake in shares of Casey’s General Stores in the 2nd quarter valued at about $45,000. Hedge funds and other institutional investors own 85.63% of the company’s stock.

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 1 year low of $372.08 and a 1 year high of $693.60. The company has a market cap of $25.58 billion, a PE ratio of 39.61, a P/E/G ratio of 2.29 and a beta of 0.65. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.05 and a quick ratio of 0.65. The stock’s 50-day moving average is $636.60 and its 200 day moving average is $577.12.

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

Casey’s General Stores Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, May 1st will be issued a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Friday, May 1st. Casey’s General Stores’s dividend payout ratio is currently 14.02%.

Insider Buying and Selling

In other Casey’s General Stores news, Director Moats Maria Castanon purchased 300 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The stock was bought at an average price of $554.66 per share, with a total value of $166,398.00. Following the completion of the purchase, the director directly owned 803 shares of the company’s stock, valued at $445,391.98. The trade was a 59.64% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. 0.54% of the stock is owned by insiders.

Wall Street Analyst Weigh In

CASY has been the subject of several analyst reports. Stephens restated an “overweight” rating and set a $680.00 target price on shares of Casey’s General Stores in a report on Tuesday. Deutsche Bank Aktiengesellschaft set a $688.00 price objective on Casey’s General Stores in a research report on Thursday, January 8th. Zacks Research lowered Casey’s General Stores from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Casey’s General Stores in a report on Monday, December 29th. Finally, Northcoast Research downgraded shares of Casey’s General Stores from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 21st. Eight investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, Casey’s General Stores presently has an average rating of “Moderate Buy” and a consensus price target of $680.10.

Trending Headlines about Casey’s General Stores

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 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.