Silvant Capital Management LLC Takes Position in Casey's General Stores, Inc. $CASY
Silvant Capital Management LLC has acquired a new position in Casey's General Stores (NASDAQ:CASY), purchasing 7,747 shares valued at approximately $6.16 million. Institutional investors and hedge funds now collectively own 85.63% of the company. Casey's recently reported strong quarterly earnings, beating analyst estimates, and increased its quarterly dividend.
Ceredex Value Advisors LLC Makes New $22.55 Million Investment in Casey's General Stores, Inc. $CASY
Ceredex Value Advisors LLC has made a new investment of $22.55 million in Casey's General Stores, Inc. by purchasing 28,375 shares during the second quarter. Other institutional investors like BlackRock Inc. and Northwestern Mutual Wealth Management Co. also significantly modified their holdings. The company recently reported strong quarterly earnings, beating analyst estimates, and increased its quarterly dividend.
Deutsche Bank AG Buys Shares of 116,497 Casey's General Stores, Inc. $CASY
Deutsche Bank AG recently acquired 116,497 shares of Casey's General Stores, Inc. (NASDAQ:CASY) during the second quarter, valued at approximately $92.59 million, now owning about 0.31% of the company. Other institutional investors like Northwestern Mutual Wealth Management Co., Norges Bank, and Franklin Resources Inc. also significantly adjusted their stakes. Casey's General Stores reported strong quarterly earnings, beating analyst estimates, and increased its quarterly dividend.
Great Lakes Advisors LLC Purchases New Stake in Casey's General Stores, Inc. $CASY
Great Lakes Advisors LLC has acquired a new position in Casey's General Stores, Inc. (NASDAQ:CASY), purchasing 3,426 shares valued at approximately $2.723 million. This comes as other institutional investors have also adjusted their holdings in the company. Casey's General Stores recently reported strong quarterly earnings, beating analyst estimates, and increased its quarterly dividend.
Advisors Capital Management LLC Buys New Position in Casey's General Stores, Inc. $CASY
Advisors Capital Management LLC has acquired a new position in Casey's General Stores, Inc. (NASDAQ:CASY) by purchasing 40,014 shares valued at approximately $31.803 million during the second quarter. This move makes Advisors Capital Management LLC a 0.11% owner of the company. The article also details other institutional investor activity, recent analyst ratings, insider trading (notably sales by a director and the CEO), and the company's latest financial performance and dividend increase.
BMO raises Casey's General Stores target to $950
BMO Capital analyst Kelly Bania maintained a Market Perform rating on Casey's General Stores (NASDAQ: CASY) and significantly raised the price target from $700 to $950. This adjustment follows Casey's record financial results for fiscal 2026, where net income surged 30.7% to $714.4 million and diluted EPS increased by 30.9%. The company also authorized a $1 billion share repurchase program and increased its quarterly dividend by 14%, with an outlook for 8-10% EBITDA growth and at least 120 new store openings in fiscal 2027.
NWK Group Inc. Acquires Shares of 1,658 Casey's General Stores, Inc. $CASY
NWK Group Inc. has acquired a new position in Casey's General Stores, purchasing 1,658 shares valued at approximately $1.32 million. Institutional investors now own 85.63% of the company, which recently reported strong quarterly earnings of $4.37 per share, exceeding estimates, and increased its quarterly dividend to $0.65 per share. Analysts maintain a "Moderate Buy" rating with an average price target of $944.20, despite recent insider share sales by a CEO and an insider totaling over $16 million.
First National Bank of Omaha Invests $2.02 Million in Casey's General Stores, Inc. $CASY
First National Bank of Omaha recently acquired 2,538 shares of Casey's General Stores, Inc. (NASDAQ:CASY) worth approximately $2.02 million during the second quarter. This move is part of broader institutional interest in the company, with other firms also adjusting their stakes. Wall Street analysts have issued mostly positive ratings for Casey's General Stores, with an average "Moderate Buy" rating and a price target of $944.20.
Diversify Advisory Services LLC Buys New Stake in Casey's General Stores, Inc. $CASY
Diversify Advisory Services LLC has acquired a new stake of 1,991 shares, valued at approximately $1.7 million, in Casey's General Stores (NASDAQ:CASY) during the second quarter. This move comes as institutional investors collectively own 85.63% of the company. Despite positive analyst ratings with a "Moderate Buy" consensus and a raised quarterly dividend, company insiders have sold a significant number of shares recently.
8,180 Shares in Casey's General Stores, Inc. $CASY Acquired by AssuredPartners Investment Advisors LLC
AssuredPartners Investment Advisors LLC recently acquired 8,180 shares of Casey's General Stores, Inc. (NASDAQ:CASY) for approximately $6.5 million in the second quarter. Other institutional investors also adjusted their holdings, with institutional ownership now at 85.63%. Analysts maintain a "Moderate Buy" rating with an average target price of $944.20 for the company.
3,472,484 Shares in Casey's General Stores, Inc. $CASY Bought by BlackRock Inc.
BlackRock Inc. recently acquired a significant new stake of 3,472,484 shares in Casey's General Stores, Inc. (NASDAQ:CASY), valued at approximately $2.76 billion, making them a major institutional holder. This purchase comes as other institutional investors have also adjusted their positions in the company. Analysts currently rate CASY as a "Moderate Buy" with a consensus target price of $944.20, despite recent insider share sales by company executives.
Casey's General Stores to report Q1 2027 results on September 8
Casey's General Stores (NASDAQ: CASY) will announce its first quarter 2027 financial results after market close on September 8, 2026. A conference call and webcast will follow on September 9 at 7:30 am central time to discuss the results. The company, a major convenience retailer and the fifth-largest pizza chain in the US, will provide insights into its operational and financial performance.
JLB & Associates Inc. Acquires Shares of 50,435 Casey's General Stores, Inc. $CASY
JLB & Associates Inc. has acquired 50,435 shares of Casey's General Stores, Inc. (CASY) for approximately $40.1 million, making it their third-largest portfolio holding. Despite favorable analyst ratings with a "Moderate Buy" consensus, company insiders, including the CEO, have sold over $24.4 million worth of stock in the last 90 days. Casey's General Stores reported strong quarterly results with EPS of $4.37 and revenue of $4.57 billion, and increased its quarterly dividend to $0.65 per share.
Global Retirement Partners LLC Makes New Investment in Casey's General Stores, Inc. $CASY
Global Retirement Partners LLC recently acquired a new stake in Casey's General Stores, Inc. (NASDAQ:CASY) by purchasing 1,253 shares valued at approximately $996,000 during the second quarter. Institutional investors hold a significant 85.63% of the company, and analysts generally rate the stock a "Moderate Buy" with an average price target of $944.20. Despite recent share sales by the CEO and CFO totaling over $20 million, Casey's General Stores exceeded quarterly earnings expectations and increased its quarterly dividend.
Casey’s: A new name in the Amarillo convenience store game
Casey's, the third-largest convenience store chain in the U.S., is entering the Amarillo market by acquiring 28 Pak-A-Sak and Cefco stores. This move capitalizes on the growing demand for convenient, fast food options like Casey's popular pizza, driven by consumers' "poverty of time." The expansion is expected to intensify competition and potentially lead to further consolidation among local convenience stores.
13,346 Shares in Casey's General Stores, Inc. $CASY Purchased by Meeder Asset Management Inc.
Meeder Asset Management Inc. recently acquired 13,346 shares of Casey's General Stores (CASY) valued at approximately $10.6 million. This purchase is part of broader institutional investment, with various funds significantly increasing their stakes in the company, which now has 85.63% institutional ownership. Casey's General Stores exceeded earnings estimates, saw a 14.5% year-over-year revenue increase, and raised its quarterly dividend, despite some insider selling.
UNIVEST FINANCIAL Corp Invests $7.82 Million in Casey's General Stores, Inc. $CASY
UNIVEST FINANCIAL Corp has acquired a new stake of 9,834 shares in Casey's General Stores (NASDAQ:CASY) during the second quarter, valued at approximately $7.82 million. Institutional investors now own 85.63% of the company, which recently reported strong quarterly earnings of $4.37 per share, beating estimates, and increased its quarterly dividend. Despite insider selling activity totaling over $24.4 million, analysts maintain a "Moderate Buy" rating with an average price target of $944.20.
75,574 Shares in Casey's General Stores, Inc. $CASY Acquired by TimesSquare Capital Management LLC
TimesSquare Capital Management LLC recently acquired 75,574 shares of Casey's General Stores (NASDAQ:CASY) for approximately $60.1 million. This acquisition is part of a broader trend of institutional investment, with other major investors also increasing their stakes in the company, bringing the total institutional ownership to 85.63%. Despite some insider selling, analysts maintain a "Moderate Buy" rating for CASY, supported by strong quarterly earnings and a raised dividend.
Casey's General Stores (CASY) Expands In Texas, Is The Stock Still Below Fair Value?
Casey's General Stores (CASY) has expanded its presence in Texas by acquiring Pak-A-Sak, a 24-store chain in the Panhandle. Despite a strong performance with a 56.40% year-to-date return, the stock is considered 7.9% undervalued by some narratives, trading at US$870.01 against a fair value of $945. However, its high P/E ratio of 45.1x, compared to the industry average of 20.3x, suggests potential valuation risks.
1,798 Shares in Casey's General Stores, Inc. $CASY Purchased by Barden Capital Management Inc.
Barden Capital Management Inc. recently acquired 1,798 shares of Casey's General Stores (CASY) worth approximately $1.43 million, making it their 15th largest holding. Despite this, company insiders have sold over 30,000 shares totaling $24.4 million in the last 90 days. Casey's General Stores has a "Moderate Buy" consensus rating from analysts, a $944.20 average price target, and recently reported strong quarterly earnings and an increased dividend.
4,274 Shares in Casey's General Stores, Inc. $CASY Purchased by GSA Capital Partners LLP
GSA Capital Partners LLP recently acquired 4,274 shares of Casey's General Stores, Inc. (NASDAQ:CASY) for approximately $3.397 million during the second quarter. This move comes as other institutional investors have also adjusted their holdings in the company, and despite recent insider sales by CFO Stephen P. Bramlage, Jr. and insider Katrina S. Lindsey. Analysts have mostly issued "Buy" or "Hold" ratings for CASY, with an average target price of $944.20.
Focus Partners Advisor Solutions LLC Takes $4.38 Million Position in Casey's General Stores, Inc. $CASY
Focus Partners Advisor Solutions LLC has acquired a new stake of 5,511 shares, valued at approximately $4.38 million, in Casey's General Stores, Inc. during the second quarter. Several other institutional investors also adjusted their positions in the company, which reported strong quarterly earnings, surpassing analyst expectations. Despite recent insider sales totaling over $24 million, analysts maintain a "Moderate Buy" rating for Casey's General Stores with a consensus price target of $944.20.
Hunt for AI-proof trades turns convenience shops into hot stocks
Convenience store stocks are experiencing a surge as investors seek defensive plays amid concerns about the sustainability of the AI boom and geopolitical turbulence. Companies like Alimentation Couche-Tard, Casey’s General Stores, and Murphy USA Inc. have seen significant gains, driven by changing consumer habits and volatile fuel prices. Analysts suggest that while growth may temper, the sector's profitability floor has been structurally raised, making them attractive investments for those looking beyond tech.
Casey's to acquire convenience chain, expanding Texas presence
Casey's, based in Ankeny, has announced its plan to acquire Pak-A-Sak, a 48-year-old family-run convenience store chain in the Texas Panhandle. This acquisition involves 24 stores and is part of Casey's ongoing expansion strategy in Texas. The purchase price has not yet been disclosed as the deal is still pending.
Hunt for AI-Proof Trades Turns Convenience Shops Into Hot Stocks
Convenience store stocks are performing exceptionally well, with companies like Alimentation Couche-Tard, Casey’s General Stores, and Murphy USA seeing significant rallies. This surge is attributed to investors seeking defensive plays amid concerns about the sustainability of the AI boom and increased market turbulence from the conflict in Iran. Casey's General Stores, in particular, has seen over a 54% increase this year and was recently added to the S&P 500 Index.
Here's How Much $1000 Invested In Casey's General Stores 10 Years Ago Would Be Worth Today
Casey's General Stores (NASDAQ: CASY) has significantly outperformed the market over the last 10 years, achieving an average annual return of 20.44%. An initial investment of $1000 in CASY stock a decade ago would now be worth $6,443.87, highlighting the substantial impact of compounded returns on cash growth.
Casey's General Stores, Inc. (NASDAQ:CASY) Receives Consensus Rating of "Moderate Buy" from Brokerages
Casey's General Stores (NASDAQ: CASY) has received a consensus "Moderate Buy" rating from twenty brokerages, with an average 12-month price target of $944.20. The company recently surpassed quarterly earnings expectations and increased its quarterly dividend to $0.65 per share. Despite significant insider selling totaling $24.4 million, institutional investors and hedge funds own a substantial 85.63% of the stock.
Casey's General Stores boosts its presence in Texas with acquisition (CASY:NASDAQ)
Casey's General Stores (CASY) is expanding its presence in Texas by acquiring 24 Pak-A-Sak convenience stores in the northern part of the state. This acquisition will significantly increase the Midwest-focused retailer's footprint in the Texas Panhandle region. The deal is expected to finalize a previous agreement.
Casey’s to acquire all 24 Pak-A-Sak stores
Casey's General Stores announced its acquisition of all 24 family-owned Pak-A-Sak convenience stores located in the Texas Panhandle, primarily in the Amarillo area. This move is part of Casey's strategic plan to add at least 400 new stores through acquisitions and organic growth over the next three years, continuing its expansion in Texas. The McKee family, owners of Pak-A-Sak, expressed confidence in Casey's to uphold their values of community service and quality.
Casey’s Agrees to Acquire Pak-A-Sak
Casey’s General Stores has reached an agreement to acquire all 24 Pak-A-Sak convenience stores located in West Texas. This acquisition will add to Casey's nearly 3,000 stores across 19 states and supports its three-year plan to expand by at least 400 new locations. The deal follows Casey's 2024 acquisition of Fikes Wholesale, which included 198 CEFCO Convenience Stores, primarily in Texas.
Casey’s General Stores Acquires 24 Pak-A-Sak Locations
Casey’s General Stores has acquired 24 Pak-A-Sak stores, expanding its presence in the Texas Panhandle. This acquisition aligns with Casey's growth strategy to add at least 400 new stores through strategic acquisitions and new development. Pak-A-Sak, founded in 1978, confirmed that day-to-day operations would remain unchanged in the early stages of the transition.
Casey's General Stores, Inc. $CASY Shares Sold by Wedge Capital Management L L P NC
Wedge Capital Management L L P NC reduced its stake in Casey's General Stores (NASDAQ:CASY) by 15.4% in the second quarter, selling 8,012 shares and retaining 43,872 shares valued at $34.9 million. Despite insider selling by a director and the CEO, analyst sentiment remains largely positive, with a "Moderate Buy" consensus rating and an average price target of $944.20. Casey's General Stores reported strong quarterly earnings and revenue, exceeding estimates, and increased its quarterly dividend.
Casey's General Stores to Pick Up 24-Store Chain
Casey's General Stores Inc. is set to acquire 24 Pak-A-Sak convenience stores, significantly expanding its presence in the Texas Panhandle. This acquisition follows Casey's new strategic plan for growth and marks its first major move since the plan's release, emphasizing small deal merger-and-acquisition activity. The McKee family, owners of Pak-A-Sak, agreed to the sale due to shared values, and Casey's highlighted the high quality of the acquired locations.
Casey’s to acquire 24 stores from Texas chain
Casey's General Stores is set to acquire 24 Pak-A-Sak convenience stores in the Texas Panhandle, further expanding its footprint in the state. This acquisition follows previous strategic moves into Texas, including the purchase of Lone Star Food Stores and CEFCO locations, as Casey's targets rural and suburban markets. The deal highlights Casey's aggressive growth strategy in Texas and the ongoing consolidation within the convenience store industry, as smaller, independent retailers like Pak-A-Sak face economic challenges.
Redhawk Wealth Advisors Inc. Invests $1.78 Million in Casey's General Stores, Inc. $CASY
Redhawk Wealth Advisors Inc. initiated a new $1.78 million position in Casey's General Stores (NASDAQ:CASY) during the second quarter, acquiring 2,239 shares. Casey's General Stores reported strong earnings, with EPS of $4.37 surpassing estimates and revenue increasing by 14.5% year-over-year to $4.57 billion. Despite a "Moderate Buy" consensus from analysts and an average price target of $944.20, company insiders have sold approximately $24.4 million in shares over the past three months.
Casey's General Stores, Inc. $CASY Shares Bought by Assenagon Asset Management S.A.
Assenagon Asset Management S.A. significantly increased its stake in Casey's General Stores (CASY) by 669.9% in the second quarter, bringing its total holdings to 19,562 shares valued at approximately $15.5 million. The company recently reported strong quarterly earnings of $4.37 per share, beating consensus estimates, and increased its quarterly dividend to $0.65 per share. Analysts maintain a "Moderate Buy" consensus with an average target price of $944.20, although recent insider sales by the CEO and a director have also been noted.
Czech National Bank Buys Shares of 10,520 Casey's General Stores, Inc. $CASY
The Czech National Bank has acquired a new stake of 10,520 shares in Casey's General Stores, Inc. (NASDAQ:CASY) valued at approximately $8.36 million during the second quarter. This move comes as institutional investors collectively own a significant 85.63% of the company, and despite recent insider stock sales totaling over $24 million. Casey's General Stores has demonstrated strong financial performance, beating quarterly EPS and revenue estimates, and analysts maintain a "Moderate Buy" consensus rating with an average price target of $944.20.
Casey's General Stores (CASY) Could Be 12% Undervalued As Margin Gains Shape The Story
Casey's General Stores (CASY) is currently trading near US$833.95, with a fair value estimated at $945, suggesting it could be 12% undervalued. This valuation hinges on strong growth and margin expectations, driven by supply chain improvements and optimized operating expenses. While the company has seen significant share price appreciation, its current P/E ratio of 43.2x is notably higher than industry and peer averages.
Casey’s agrees to acquire 24 Pak-A-Sak stores in Texas Panhandle
Casey's General Stores has announced an agreement to acquire 24 Pak-A-Sak convenience stores located primarily in the Amarillo area of the Texas Panhandle. This acquisition signifies Casey's continued expansion efforts within the state of Texas. The move will strengthen Casey's presence in a key region.
Casey’s agrees to acquire 24 Pak-A-Sak stores in Texas Panhandle
Casey’s General Stores has reached an agreement to acquire all 24 Pak-A-Sak convenience stores, primarily located in the Amarillo area of the Texas Panhandle. This acquisition will significantly expand Casey's presence in Texas, following its previous $1.145 billion acquisition of Fikes Wholesale Inc. The McKee family, owners of Pak-A-Sak, stated that the decision to sell was made to ensure the future of the company, and they believe Casey's shares similar values of community service and quality.
Fidelity Extended Market Index Fund's Casey's General Stores Inc(CASY) Holding History
This article details Fidelity Extended Market Index Fund's historical holdings in Casey's General Stores Inc (CASY). As of May 31, 2026, the fund holds 0 shares of CASY, but has historically made 8 purchases and 12 sales. Based on these transactions and the current stock price, the fund has an estimated gain of $113.73 million on its past CASY holdings.
After 48 years, Pak-A-Sak is being sold to Casey's
Pak-A-Sak, a family-owned convenience store chain in the Amarillo area, is being acquired by Casey's General Stores after 48 years. The McKee family, founders of Pak-A-Sak, expressed confidence in Casey's, citing shared values. This acquisition includes 24 Pak-A-Sak stores in northern Texas, adding to Casey's expanding presence in the state, which also includes the recent acquisition and rebranding of Cefco stores in Amarillo.
Amundi Purchases 32,883 Shares of Casey's General Stores, Inc. $CASY
Amundi significantly increased its stake in Casey's General Stores (CASY) by purchasing 32,883 additional shares, bringing its total holdings to 34,580 shares valued at approximately $25.2 million. The convenience store chain reported strong quarterly results, exceeding analyst estimates, and raised its quarterly dividend. Despite a "Moderate Buy" consensus rating from analysts with an average price target of $944.20, company insiders have sold over 30,000 shares worth $24.4 million in the last three months.
Empowered Funds LLC Raises Position in Casey's General Stores, Inc. $CASY
Empowered Funds LLC significantly increased its stake in Casey's General Stores (NASDAQ:CASY) by 886.4% in the first quarter, now holding 5,593 shares valued at approximately $4.07 million. This move comes as Casey's General Stores exceeded quarterly earnings expectations with an EPS of $4.37 and revenue of $4.57 billion, and also raised its quarterly dividend to $0.65. The company maintains a "Moderate Buy" consensus rating from analysts with an average price target of $944.20.
People on the Move: Casey's General Stores, Mako Networks & NexChapter
This article details recent executive changes and new appointments across several companies in the convenience store industry, including Casey's General Stores, Mako Networks, NexChapter, The Campbell's Co., CITGO Petroleum Corp., The Hershey Co., Mondelēz International, NACS, and the Pennsylvania Food Merchants Association. These personnel moves aim to strengthen management teams, expand services, and enhance strategic capabilities within their respective organizations.
Casey’s hopes to raise $1.4M via Cash for Classrooms campaign
Casey's aims to raise $1.4 million through its 2026 Cash for Classrooms campaign to support K-12 public and nonprofit private schools in the communities it serves. Customers can contribute by rounding up at the register, donating via the Casey’s app, or purchasing Coca-Cola products, which will contribute up to $250,000. Since its launch in 2020, the program has awarded over 500 grants totaling $6.2 million.
Casey’s hopes to raise $1.4M via Cash for Classrooms campaign
Casey's is aiming to raise $1.4 million through its 2026 Cash for Classrooms campaign to support K-12 public and nonprofit private schools. Customers can contribute by rounding up at the register, adding a donation via the Casey's app, or purchasing Coca-Cola products, which will contribute up to $250,000. Since its launch in 2020, the program has awarded over $6.2 million in grants to schools across 17 states.
Vanguard Portfolio Management discloses 4.94% Casey's (CASY) ownership in 13G/A update
Vanguard Portfolio Management LLC has filed an amended Schedule 13G, reporting a beneficial ownership of 4.94% in Casey's General Stores Inc common stock, totaling 1,830,377 shares. The filing indicates Vanguard Portfolio Management has sole voting power over 8,924 shares and sole dispositive power over all 1,830,377 shares. This disclosure, which is below the 5% threshold, confirms that various Vanguard investment companies and managed accounts have the right to receive dividends and sale proceeds.
Vanguard Capital Management (CASY) reports 2.7M-share, 7.36% stake in Casey's
Vanguard Capital Management has reported a beneficial ownership of 2,726,479 shares of Casey's General Stores Inc (CASY) common stock, which represents 7.36% of the class. The filing, a Schedule 13G/A, indicates that Vanguard has sole voting power over 311,762 shares and sole dispositive power over all 2,726,479 shares. This ownership includes holdings by Vanguard Capital Management LLC and its affiliates, with no single other person holding more than 5% interest in these securities.
Casey's Invites Guests to Support Local Schools and Students through Annual Cash for Classrooms Campaign
Casey's has launched its annual "Cash for Classrooms" campaign, inviting guests to support local K-12 schools by rounding up purchases, donating via the app, or buying Coca-Cola products. The campaign aims to raise $1.4 million to provide grants for physical improvements, classroom resources, teacher support, and community engagement. Since its inception in 2020, the program has distributed over 500 grants totaling $6.2 million to schools across Casey's communities.
