Fiduciary Alliance LLC Acquires 4,276 Shares of Casey's General Stores, Inc. $CASY

Key Points

• Fiduciary Alliance LLC boosted its stake in Casey's by 168.1% in Q4, buying 4,276 shares to hold 6,819 shares worth about $3.77 million at quarter-end.
• Casey's was added to the S&P 500, a move that should trigger passive‑fund buying and broaden analyst and institutional attention.
• Casey's Q4 beat on EPS ($3.49 vs. $2.94) but missed on revenue ($3.92B vs. $4.08B); the stock trades at a premium (P/E 43.56) and the company declared a $0.57 quarterly dividend (annualized $2.28, ~0.3% yield).

Fiduciary Alliance LLC increased its holdings in shares of Casey's General Stores, Inc. (NASDAQ:CASY - Free Report) by 168.1% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 6,819 shares of the company's stock after acquiring an additional 4,276 shares during the period. Fiduciary Alliance LLC's holdings in Casey's General Stores were worth $3,769,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of CASY. Vontobel Holding Ltd. raised its position in Casey's General Stores by 129.1% during the 3rd quarter. Vontobel Holding Ltd. now owns 890,884 shares of the company's stock valued at $503,635,000 after purchasing an additional 502,104 shares in the last quarter. Victory Capital Management Inc. raised its position in Casey's General Stores by 35.4% during the 3rd quarter. Victory Capital Management Inc. now owns 791,415 shares of the company's stock valued at $447,403,000 after purchasing an additional 206,777 shares in the last quarter. Franklin Resources Inc. raised its position in Casey's General Stores by 7.0% during the 3rd quarter. Franklin Resources Inc. now owns 758,212 shares of the company's stock valued at $428,632,000 after purchasing an additional 49,319 shares in the last quarter. Invesco Ltd. raised its position in Casey's General Stores by 5.0% during the 3rd quarter. Invesco Ltd. now owns 507,998 shares of the company's stock valued at $287,182,000 after purchasing an additional 24,091 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in Casey's General Stores by 2.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 447,265 shares of the company's stock valued at $252,832,000 after purchasing an additional 8,781 shares in the last quarter. 85.63% of the stock is owned by institutional investors.

Insider Transactions at Casey's General Stores

In other news, insider Katrina S. Lindsey sold 200 shares of the company's stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $683.04, for a total value of $136,608.00. Following the sale, the insider owned 4,039 shares in the company, valued at $2,758,798.56. This represents a 4.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Mike Spanos bought 300 shares of the stock in a transaction dated Friday, March 13th. The stock was bought at an average price of $665.43 per share, for a total transaction of $199,629.00. Following the purchase, the director directly owned 4,499 shares of the company's stock, valued at approximately $2,993,769.57. The trade was a 7.14% 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.

Casey's General Stores Stock Performance

Shares of Casey's General Stores stock opened at $758.76 on Friday. The company has a market capitalization of $28.04 billion, a PE ratio of 43.56, a P/E/G ratio of 2.47 and a beta of 0.61. The company has a 50-day simple moving average of $682.53 and a two-hundred day simple moving average of $604.52. Casey's General Stores, Inc. has a one year low of $426.74 and a one year high of $774.23. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.64 and a current ratio of 1.04.

Casey's General Stores (NASDAQ:CASY - Get Free Report) last released its quarterly earnings results on Monday, March 9th. The company reported $3.49 earnings per share for the quarter, beating analysts' consensus estimates of $2.94 by $0.55. The business had revenue of $3.92 billion for the quarter, compared to analysts' expectations of $4.08 billion. Casey's General Stores had a net margin of 3.83% and a return on equity of 17.56%. The company's revenue was up .3% compared to the same quarter last year. During the same period last year, the business earned $2.33 EPS. Research analysts expect that Casey's General Stores, Inc. will post 13.94 EPS for the current fiscal year.

Casey's General Stores Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Friday, May 1st will be paid a $0.57 dividend. The ex-dividend date is Friday, May 1st. This represents a $2.28 dividend on an annualized basis and a dividend yield of 0.3%. Casey's General Stores's dividend payout ratio is presently 13.09%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on CASY shares. Evercore set a $665.00 target price on Casey's General Stores and gave the company an "outperform" rating in a research report on Tuesday, February 24th. The Goldman Sachs Group lifted their target price on Casey's General Stores from $530.00 to $605.00 and gave the company a "neutral" rating in a research report on Wednesday, March 11th. Royal Bank Of Canada lifted their target price on Casey's General Stores from $662.00 to $713.00 and gave the company a "sector perform" rating in a research report on Tuesday, March 10th. Bank of America started coverage on Casey's General Stores in a research report on Friday, January 9th. They set a "buy" rating for the company. Finally, JPMorgan Chase & Co. started coverage on Casey's General Stores in a research report on Thursday, March 26th. They set a "neutral" rating and a $719.00 target price for the company. Eight research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company's stock. According to MarketBeat.com, Casey's General Stores has a consensus rating of "Moderate Buy" and a consensus target price of $700.09.

Key Stories Impacting Casey's General Stores

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

• Positive Sentiment: Casey’s was added to the S&P 500 — inclusion highlights its scale and consistent performance and should trigger passive‑fund buying and increased analyst/institutional attention. Casey's Joins the S&P 500
• Positive Sentiment: Multiple media pieces point to Casey’s as a stealthy, fast‑rising stock now joining the S&P 500 — coverage can broaden retail interest and reinforce momentum narratives. S&P 500 Snaps Up One of the Market's Fastest‑Rising Stocks—Should You Buy It?
• Positive Sentiment: Zacks highlights CASY’s post‑earnings strength (stock up since the report) and discusses whether that momentum can continue — supporting the near‑term bullish case. Casey's (CASY) Up 7.5% Since Last Earnings Report: Can It Continue?
• Positive Sentiment: Investment write‑ups that use DuPont or stock‑selection screens have included CASY among top picks, reinforcing buy‑side interest from model‑driven investors. Bet on Winning DuPont Analysis & Pick 5 Top Stocks
• Neutral Sentiment: Analysts collectively rate CASY around a “Moderate Buy,” which indicates consensus support but not unanimous enthusiasm — this can sustain demand but limits near‑term upside surprise. Casey's Given Average Rating of "Moderate Buy" by Analysts
• Negative Sentiment: Investor caution points: the last quarter showed an EPS beat but revenue missed analyst expectations, and CASY now trades at a premium multiple — raising sensitivity to execution, fuel margins and same‑store sales. (These factors could limit gains if growth or margins disappoint.)

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.

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