Casey’s General Stores, Inc. $CASY Stock Position Decreased by WealthPLAN Partners LLC

08 Jul 2026, 11:28 by Sarita Garza · The Markets Daily

WealthPLAN Partners LLC decreased its holdings in shares of Casey’s General Stores, Inc. (NASDAQ:CASY – Free Report) by 23.8% during the 1st quarter, Holdings Channel.com reports. The fund owned 6,694 shares of the company’s stock after selling 2,090 shares during the period. Casey’s General Stores makes up approximately 0.9% of WealthPLAN Partners LLC’s portfolio, making the stock its 29th biggest position. WealthPLAN Partners LLC’s holdings in Casey’s General Stores were worth $4,873,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Burney Co. increased its position in Casey’s General Stores by 9.2% in the first quarter. Burney Co. now owns 3,645 shares of the company’s stock worth $2,653,000 after buying an additional 307 shares during the period. Integrated Advisors Network LLC acquired a new stake in shares of Casey’s General Stores in the 1st quarter worth about $366,000. Sage Rhino Capital LLC acquired a new stake in shares of Casey’s General Stores in the 1st quarter worth about $247,000. Kathmere Capital Management LLC lifted its position in Casey’s General Stores by 3.5% in the 1st quarter. Kathmere Capital Management LLC now owns 387 shares of the company’s stock valued at $282,000 after purchasing an additional 13 shares during the last quarter. Finally, Abel Hall LLC boosted its stake in Casey’s General Stores by 4.3% during the 1st quarter. Abel Hall LLC now owns 676 shares of the company’s stock valued at $492,000 after purchasing an additional 28 shares during the period. Institutional investors own 85.63% of the company’s stock.

Casey’s General Stores Price Performance

NASDAQ CASY opened at $801.99 on Wednesday. Casey’s General Stores, Inc. has a 12 month low of $490.00 and a 12 month high of $927.85. The firm has a market capitalization of $29.68 billion, a PE ratio of 41.86, a P/E/G ratio of 2.42 and a beta of 0.62. The company’s 50 day simple moving average is $821.31 and its 200 day simple moving average is $717.55. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.01 and a quick ratio of 0.60.

Casey’s General Stores (NASDAQ:CASY – Get Free Report) last issued its quarterly earnings results on Tuesday, June 9th. The company reported $4.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.31 by $1.06. The firm had revenue of $4.57 billion during the quarter, compared to analyst estimates of $4.33 billion. Casey’s General Stores had a return on equity of 18.73% and a net margin of 4.07%.The firm’s quarterly revenue was up 14.5% on a year-over-year basis. During the same period last year, the company posted $2.63 EPS. As a group, equities research analysts forecast that Casey’s General Stores, Inc. will post 21.14 EPS for the current fiscal year.

Casey’s General Stores Increases Dividend

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

Analyst Upgrades and Downgrades

Several brokerages have commented on CASY. William Blair assumed coverage on shares of Casey’s General Stores in a research note on Wednesday, May 20th. They issued an “outperform” rating on the stock. JPMorgan Chase & Co. increased their price objective on Casey’s General Stores from $719.00 to $975.00 and gave the stock a “neutral” rating in a report on Friday, June 12th. Stephens set a $975.00 target price on Casey’s General Stores and gave the company an “overweight” rating in a research report on Friday, June 12th. Wells Fargo & Company boosted their price target on 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. Finally, Evercore reissued an “outperform” rating and issued a $990.00 price target on shares of Casey’s General Stores in a research note on Friday, June 12th. Thirteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, Casey’s General Stores currently has a consensus rating of “Moderate Buy” and a consensus target price of $939.29.

Get Our Latest Stock Analysis on CASY

Insider Buying and Selling

In other news, insider Chad Michael Frazell sold 3,013 shares of the firm’s stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $787.49, for a total transaction of $2,372,707.37. Following the completion of the transaction, the insider owned 9,823 shares in the company, valued at approximately $7,735,514.27. This trade represents a 23.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Mike Spanos acquired 256 shares of the stock in a transaction dated Friday, June 26th. The stock was acquired at an average cost of $778.81 per share, for a total transaction of $199,375.36. Following the purchase, the director directly owned 4,758 shares in the company, valued at approximately $3,705,577.98. The trade was a 5.69% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.54% of the stock is owned by corporate insiders.

About Casey’s General Stores

(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.