LRT Capital Management LLC Sells 862 Shares of Casey’s General Stores, Inc. $CASY

LRT Capital Management LLC lowered its stake in shares of Casey’s General Stores, Inc. (NASDAQ:CASY) by 26.1% during the 4th quarter, HoldingsChannel reports. The fund owned 2,435 shares of the company’s stock after selling 862 shares during the period. LRT Capital Management LLC’s holdings in Casey’s General Stores were worth $1,346,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in the stock. Aptus Capital Advisors LLC bought a new stake in shares of Casey’s General Stores during the 4th quarter valued at $207,000. Kestra Advisory Services LLC boosted its stake in Casey’s General Stores by 21.6% in the 4th quarter. Kestra Advisory Services LLC now owns 13,076 shares of the company’s stock worth $7,227,000 after purchasing an additional 2,327 shares during the period. Transamerica Financial Advisors LLC grew its holdings in Casey’s General Stores by 97.8% during the 4th quarter. Transamerica Financial Advisors LLC now owns 726 shares of the company’s stock valued at $401,000 after buying an additional 359 shares in the last quarter. Parkside Financial Bank & Trust grew its holdings in Casey’s General Stores by 7.9% during the 4th quarter. Parkside Financial Bank & Trust now owns 341 shares of the company’s stock valued at $188,000 after buying an additional 25 shares in the last quarter. Finally, Marshall Wace LLP increased its position in shares of Casey’s General Stores by 291.6% during the fourth quarter. Marshall Wace LLP now owns 94,681 shares of the company’s stock valued at $52,331,000 after buying an additional 70,504 shares during the period. 85.63% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms have recently commented on CASY. Royal Bank Of Canada raised their price objective on shares of Casey’s General Stores from $792.00 to $794.00 and gave the company a “sector perform” rating in a research report on Wednesday. Evercore reaffirmed an “outperform” rating and set a $990.00 target price on shares of Casey’s General Stores in a report on Friday. The Goldman Sachs Group reissued a “neutral” rating and issued a $695.00 price target on shares of Casey’s General Stores in a report on Wednesday. UBS Group boosted their price target on shares of Casey’s General Stores from $805.00 to $945.00 and gave the company a “neutral” rating in a research report on Thursday. Finally, KeyCorp upped their price target on shares of Casey’s General Stores from $950.00 to $970.00 and gave the stock an “overweight” rating in a report on Thursday. Eleven analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $899.25.

Casey’s General Stores News Summary

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

• Positive Sentiment: JPMorgan raised its price target on Casey’s General Stores to $975 from $719, signaling improved valuation expectations even while keeping a neutral rating. Benzinga
• Positive Sentiment: Wells Fargo boosted its price target to $960 from $910 and reiterated an overweight rating, reflecting confidence in Casey’s execution and upside potential. Tickerreport.com
• Positive Sentiment: Recent coverage highlighted Casey’s as a long-term momentum stock, reinforcing the view that its business model has both growth and defensive appeal. Zacks
• Positive Sentiment: Analysts and market commentary pointed to durable margin momentum, strong inside sales, disciplined fuel operations, and store growth as reasons earnings power could keep rising into fiscal 2027. Zacks
• Positive Sentiment: The company was also highlighted for its dividend growth and shareholder-return profile, which can support investor interest during volatile markets. Zacks
• Positive Sentiment: MarketBeat commentary described Casey’s as a growth stock with defensive characteristics, supported by buybacks, cash flow generation, and guidance that investors view favorably. MarketBeat

Casey’s General Stores Stock Performance

Casey’s General Stores stock opened at $895.14 on Friday. Casey’s General Stores, Inc. has a fifty-two week low of $490.00 and a fifty-two week high of $927.85. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.64 and a current ratio of 1.01. The stock has a market cap of $33.08 billion, a P/E ratio of 46.72, a price-to-earnings-growth ratio of 2.47 and a beta of 0.61. The firm’s fifty day moving average price is $801.23 and its 200-day moving average price is $685.79.

Casey’s General Stores (NASDAQ:CASY) last announced its earnings results on Tuesday, June 9th. The company reported $4.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.31 by $1.06. The company had revenue of $4.57 billion during the quarter, compared to analyst estimates of $4.33 billion. Casey’s General Stores had a net margin of 4.07% and a return on equity of 18.73%. The firm’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same period in the previous year, the business earned $2.63 earnings per share. On average, equities research analysts expect that Casey’s General Stores, Inc. will post 20.51 earnings per share for the current fiscal year.

Casey’s General Stores Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Saturday, August 1st will be given a dividend of $0.65 per share. This is a boost from Casey’s General Stores’s previous quarterly dividend of $0.57. The ex-dividend date is Friday, July 31st. This represents a $2.60 annualized dividend and a dividend yield of 0.3%. Casey’s General Stores’s dividend payout ratio is currently 11.90%.

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.