Casey’s General Stores, Inc. $CASY Shares Sold by Scholtz & Company LLC

Scholtz & Company LLC lowered its position in Casey’s General Stores, Inc. (NASDAQ:CASY) by 27.8% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 3,841 shares of the company’s stock after selling 1,477 shares during the period. Casey’s General Stores accounts for approximately 1.5% of Scholtz & Company LLC’s portfolio, making the stock its 25th biggest holding. Scholtz & Company LLC’s holdings in Casey’s General Stores were worth $3,053,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Fiduciary Financial Advisors purchased a new position in shares of Casey’s General Stores in the second quarter worth about $26,000. Whipplewood Advisors LLC acquired a new stake in Casey’s General Stores in the 1st quarter valued at about $33,000. Bell Investment Advisors Inc purchased a new position in Casey’s General Stores in the 2nd quarter worth approximately $33,000. Caitlin John LLC purchased a new position in Casey’s General Stores in the 2nd quarter worth approximately $35,000. Finally, Larson Financial Group LLC boosted its holdings in shares of Casey’s General Stores by 252.4% during the 4th quarter. Larson Financial Group LLC now owns 74 shares of the company’s stock worth $41,000 after purchasing an additional 53 shares during the last quarter. Hedge funds and other institutional investors own 85.63% of the company’s stock.

Casey’s General Stores Price Performance

Casey’s General Stores stock opened at $629.03 on Thursday. Casey’s General Stores, Inc. has a 52-week low of $497.38 and a 52-week high of $927.85. The firm has a market cap of $23.28 billion, a PE ratio of 30.30, a price-to-earnings-growth ratio of 2.50 and a beta of 0.59. The company has a quick ratio of 0.60, a current ratio of 1.01 and a debt-to-equity ratio of 0.59. The company’s 50 day moving average is $822.28 and its two-hundred day moving average is $786.58.

Casey’s General Stores (NASDAQ:CASY) last posted its quarterly earnings results on Tuesday, September 8th. The company reported $7.37 EPS for the quarter, topping the consensus estimate of $6.78 by $0.59. The company had revenue of $5.68 billion during the quarter, compared to analysts’ expectations of $5.56 billion. Casey’s General Stores had a net margin of 4.14% and a return on equity of 19.96%. The firm’s revenue was up 24.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $5.77 EPS. On average, research analysts expect that Casey’s General Stores, Inc. will post 21.21 EPS for the current fiscal year.

Casey’s General Stores Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Sunday, November 1st will be given a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 0.4%. The ex-dividend date is Friday, October 30th. Casey’s General Stores’s payout ratio is 13.57%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on CASY shares. The Goldman Sachs Group set a $750.00 price target on Casey’s General Stores in a research report on Wednesday. UBS Group dropped their target price on Casey’s General Stores from $945.00 to $925.00 and set a “neutral” rating for the company in a report on Thursday, August 27th. JPMorgan Chase & Co. cut their target price on Casey’s General Stores from $975.00 to $833.00 and set a “neutral” rating for the company in a research note on Thursday, September 3rd. Wall Street Zen upgraded Casey’s General Stores from a “hold” rating to a “buy” rating in a report on Saturday, June 13th. Finally, BNP Paribas Exane lowered their price target on shares of Casey’s General Stores from $1,032.00 to $995.00 and set an “outperform” rating on the stock in a research report on Thursday, June 25th. Fourteen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Casey’s General Stores currently has an average rating of “Moderate Buy” and a consensus price target of $911.33.

Casey’s General Stores News Roundup

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

• Positive Sentiment: Casey’s reported fiscal Q1 2027 adjusted earnings of $7.37 per share, above the $6.78 consensus estimate, while revenue reached approximately $5.68 billion versus expectations of $5.56 billion. EPS increased 27.7% year over year, supported by stronger inside and fuel gross profit. Casey’s Announces First Quarter Results
• Positive Sentiment: Management maintained its full-year outlook, and analysts continued to defend the long-term investment case. Stephens reaffirmed an “overweight” rating with a $975 price target, while Wells Fargo retained an “overweight” rating despite lowering its target to $750. Casey’s is defended by analysts
• Positive Sentiment: Casey’s declared a quarterly dividend of $0.65 per share, payable November 13 to shareholders of record November 1, signaling continued shareholder returns.
• Neutral Sentiment: UBS described the quarter as effective execution amid an uneven macroeconomic environment. The company’s revenue rose 24.3% year over year, although broader market pressure—including higher oil prices—could weigh on sentiment toward consumer and fuel-related stocks. UBS assessment of Casey’s fiscal Q1 results
• Negative Sentiment: Inside same-store sales rose only 3.2%, below investor expectations and slower than the prior year. The disappointing key sales metric overshadowed the earnings and revenue beats, raising concerns about decelerating organic growth and the company’s premium valuation. Why Casey’s stock is leading the S&P 500 lower
• Negative Sentiment: The post-earnings selloff reflects elevated expectations: investors viewed the quarterly beat as insufficient without stronger inside-store sales momentum. Wells Fargo’s reduction of its price target, although still bullish, reinforces the market’s reassessment of Casey’s near-term growth outlook.

Insider Transactions at Casey’s General Stores

In other news, CEO Darren M. Rebelez sold 19,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $801.46, for a total value of $15,227,740.00. Following the transaction, the chief executive officer owned 89,174 shares of the company’s stock, valued at approximately $71,469,394.04. The trade was a 17.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Katrina S. Lindsey sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $800.00, for a total value of $1,600,000.00. Following the sale, the insider owned 6,668 shares of the company’s stock, valued at $5,334,400. This trade represents a 23.07% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 30,243 shares of company stock worth $24,421,877 over the last three months. 0.67% of the stock is currently owned by company insiders.

Casey’s General Stores 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.