Casey’s General Stores, Inc. $CASY Shares Sold by Voya Investment Management LLC

Voya Investment Management LLC lowered its holdings in Casey’s General Stores, Inc. (NASDAQ:CASY) by 34.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,494 shares of the company’s stock after selling 3,489 shares during the period. Voya Investment Management LLC’s holdings in Casey’s General Stores were worth $3,671,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Samlyn Capital LLC grew its holdings in shares of Casey’s General Stores by 42.8% in the 1st quarter. Samlyn Capital LLC now owns 255,659 shares of the company’s stock worth $110,966,000 after acquiring an additional 76,673 shares during the last quarter. UNIVEST FINANCIAL Corp lifted its holdings in shares of Casey’s General Stores by 157.2% during the second quarter. UNIVEST FINANCIAL Corp now owns 8,556 shares of the company’s stock valued at $4,366,000 after purchasing an additional 5,230 shares during the last quarter. Franklin Resources Inc. boosted its position in shares of Casey’s General Stores by 0.3% in the 2nd quarter. Franklin Resources Inc. now owns 708,893 shares of the company’s stock valued at $361,727,000 after purchasing an additional 2,467 shares during the period. West Bancorporation Inc. purchased a new position in Casey’s General Stores in the 2nd quarter worth about $278,000. Finally, Curi RMB Capital LLC raised its holdings in Casey’s General Stores by 15.8% during the 1st quarter. Curi RMB Capital LLC now owns 17,881 shares of the company’s stock worth $7,761,000 after buying an additional 2,446 shares during the period. 85.63% of the stock is currently owned by institutional investors.

Key Headlines Impacting Casey’s General Stores

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

• Positive Sentiment: Zacks raised FY2027 EPS to $18.35 (from $17.80) and FY2028 to $19.90 (from $19.40), signaling stronger full‑year profit outlooks that could support higher valuation multiples. Zacks Research Revisions
• Positive Sentiment: Several quarterly raises: Q2 2027 bumped to $5.91 (from $5.43), Q3 2027 to $3.05 (from $2.92), Q4 2027 to $3.34 (from $3.25), and Q4 2026 to $3.05 (from $2.83) — these increments point to better-than-expected operational trends across upcoming quarters. Zacks Research Revisions
• Neutral Sentiment: Zacks retains a “Hold” rating on CASY despite the mixed revisions; the firm’s view tempers how strongly investors may react to the estimate changes. Zacks Research Revisions
• Negative Sentiment: Zacks trimmed near‑term estimates: Q1 2027 was cut to $6.05 (from $6.20) and Q1 2028 to $6.56 (from $6.76), indicating potential short‑term headwinds that could weigh on next‑quarter expectations and near‑term stock momentum. Zacks Research Revisions

Wall Street Analyst Weigh In

CASY has been the topic of several analyst reports. UBS Group reissued a “neutral” rating on shares of Casey’s General Stores in a research report on Thursday, December 11th. Stephens lifted their price objective on shares of Casey’s General Stores from $570.00 to $600.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 3rd. Weiss Ratings reissued a “buy (b)” rating on shares of Casey’s General Stores in a research report on Monday. KeyCorp reissued an “overweight” rating on shares of Casey’s General Stores in a research report on Thursday, December 11th. Finally, BMO Capital Markets lifted their target price on shares of Casey’s General Stores from $515.00 to $540.00 and gave the company a “market perform” rating in a research note on Wednesday, September 10th. Seven investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, Casey’s General Stores currently has an average rating of “Moderate Buy” and an average price target of $585.67.

Insider Activity

In other news, insider Chad Michael Frazell sold 3,487 shares of the company’s stock in a transaction dated Monday, September 29th. The stock was sold at an average price of $555.40, for a total value of $1,936,679.80. Following the completion of the sale, the insider directly owned 7,993 shares of the company’s stock, valued at $4,439,312.20. This represents a 30.37% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.54% of the company’s stock.

Casey’s General Stores Stock Performance

Shares of NASDAQ:CASY opened at $568.80 on Friday. Casey’s General Stores, Inc. has a 1-year low of $372.08 and a 1-year high of $575.98. The business has a 50-day moving average price of $547.94 and a two-hundred day moving average price of $532.98. The company has a current ratio of 1.05, a quick ratio of 0.65 and a debt-to-equity ratio of 0.62. The stock has a market capitalization of $21.09 billion, a P/E ratio of 34.98 and a beta of 0.65.

Casey’s General Stores (NASDAQ:CASY) last announced its quarterly earnings data on Tuesday, December 9th. The company reported $5.53 earnings per share for the quarter, beating the consensus estimate of $4.92 by $0.61. The business had revenue of $4.51 billion for the quarter, compared to analyst estimates of $4.51 billion. Casey’s General Stores had a net margin of 3.58% and a return on equity of 16.89%. Casey’s General Stores’s revenue was up 14.2% compared to the same quarter last year. During the same period in the prior year, the business posted $4.85 earnings per share. Equities analysts predict that Casey’s General Stores, Inc. will post 13.94 earnings per share for the current year.

Casey’s General Stores Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Sunday, February 1st will be paid a $0.57 dividend. The ex-dividend date of this dividend is Friday, January 30th. This represents a $2.28 annualized dividend and a yield of 0.4%. Casey’s General Stores’s dividend payout ratio is presently 14.02%.

About Casey’s General Stores

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.