Inspire Investing LLC Boosts Stake in Casey’s General Stores, Inc. $CASY

Posted by Mitch Edgeman on Jun 30th, 2026

Inspire Investing LLC increased its holdings in shares of Casey’s General Stores, Inc. (NASDAQ:CASY – Free Report) by 13.1% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,283 shares of the company’s stock after purchasing an additional 1,193 shares during the quarter. Casey’s General Stores accounts for 0.6% of Inspire Investing LLC’s portfolio, making the stock its 23rd biggest holding. Inspire Investing LLC’s holdings in Casey’s General Stores were worth $7,485,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the business. Asset Allocation Strategies LLC purchased a new position in Casey’s General Stores in the 1st quarter worth about $218,000. Pinnacle Bancorp Inc. raised its holdings in shares of Casey’s General Stores by 4.8% during the first quarter. Pinnacle Bancorp Inc. now owns 303 shares of the company’s stock valued at $221,000 after purchasing an additional 14 shares during the last quarter. Red Door Wealth Management LLC bought a new position in Casey’s General Stores during the first quarter valued at approximately $232,000. Pictet Asset Management Holding SA raised its stake in Casey’s General Stores by 148.3% during the 1st quarter. Pictet Asset Management Holding SA now owns 13,882 shares of the company’s stock valued at $10,096,000 after buying an additional 8,292 shares during the last quarter. Finally, FLP Wealth Management LLC lifted its holdings in shares of Casey’s General Stores by 31.6% during the 1st quarter. FLP Wealth Management LLC now owns 728 shares of the company’s stock valued at $530,000 after buying an additional 175 shares during the period. 85.63% of the stock is currently owned by institutional investors.

Casey’s General Stores Stock Performance

NASDAQ CASY opened at $780.24 on Tuesday. The business has a 50-day moving average price of $819.20 and a 200-day moving average price of $706.89. The company has a quick ratio of 0.60, a current ratio of 1.01 and a debt-to-equity ratio of 0.59. Casey’s General Stores, Inc. has a twelve month low of $490.00 and a twelve month high of $927.85. The firm has a market cap of $28.87 billion, a price-to-earnings ratio of 40.72, a price-to-earnings-growth ratio of 2.34 and a beta of 0.61.

Casey’s General Stores (NASDAQ:CASY – Get Free Report) last posted its quarterly earnings results on Tuesday, June 9th. The company reported $4.37 earnings per share for the quarter, topping the consensus estimate of $3.31 by $1.06. Casey’s General Stores had a return on equity of 18.73% and a net margin of 4.07%.The business had revenue of $4.57 billion during the quarter, compared to the consensus estimate of $4.33 billion. During the same period in the prior year, the company posted $2.63 EPS. The firm’s revenue for the quarter was up 14.5% compared to the same quarter last year. As a group, equities research analysts predict that Casey’s General Stores, Inc. will post 21.05 EPS for the current fiscal year.

Casey’s General Stores Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Saturday, August 1st will be given a dividend of $0.65 per share. This is a positive change from Casey’s General Stores’s previous quarterly dividend of $0.57. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Friday, July 31st. Casey’s General Stores’s dividend payout ratio (DPR) is currently 13.57%.

Wall Street Analyst Weigh In

Several brokerages recently commented on CASY. KeyCorp lifted their price objective on Casey’s General Stores from $950.00 to $970.00 and gave the stock an “overweight” rating in a report on Thursday, June 11th. UBS Group boosted their price target on Casey’s General Stores from $805.00 to $945.00 and gave the company a “neutral” rating in a research note on Thursday, June 11th. Jefferies Financial Group increased their price objective on shares of Casey’s General Stores from $700.00 to $780.00 and gave the stock a “buy” rating in a research note on Tuesday, March 10th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $1,000.00 target price on shares of Casey’s General Stores in a research report on Monday, June 15th. Finally, Wells Fargo & Company increased their price target on shares of Casey’s General Stores from $910.00 to $960.00 and gave the stock an “overweight” rating in a research report on Thursday, June 11th. Thirteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Casey’s General Stores currently has an average rating of “Moderate Buy” and an average price target of $939.29.

Check Out Our Latest Stock Analysis on CASY

Insiders Place Their Bets

In related news, Director Mike Spanos purchased 256 shares of Casey’s General Stores stock in a transaction on Friday, June 26th. The shares were bought at an average cost of $778.81 per share, for a total transaction of $199,375.36. Following the acquisition, the director owned 4,758 shares in the company, valued at approximately $3,705,577.98. The trade was a 5.69% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.54% of the company’s stock.

Key Stories Impacting Casey’s General Stores

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

Positive Sentiment: Director Mike Spanos purchased 256 shares of Casey’s General Stores at $778.81 per share, a disclosure that can signal insider confidence in the company’s outlook. Insider Buying: Casey’s General Stores (NASDAQ:CASY) Director Purchases 256 Shares of Stock
Positive Sentiment: BMO Capital Markets upgraded Casey’s General Stores to outperform and lifted its price target to $950, reinforcing the view that the stock still has upside from current levels. This Caseys Analyst Turns Bullish; Here Are Top 3 Upgrades For Monday
Positive Sentiment: The company increased its quarterly dividend to $0.65 per share from $0.57, which may appeal to income-focused investors and suggests confidence in cash generation. Dividend Increases: From Over 10% Yields to Over 10% Dividend Growth
Neutral Sentiment: Casey’s also got mentions in stock-picking and dividend-screening articles, which may add some attention but do not appear to be material catalysts on their own. Is Casey’s General Stores, Inc. (CASY) A Good Stock To Buy Now?
Negative Sentiment: Some analysts remain cautious: Zacks Research downgraded the stock to hold, and RBC’s rating is only sector perform, which tempers the bullish case. Casey’s General Stores stock and analyst coverage

Casey’s General Stores Company Profile

(Free Report)

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.