Lido Advisors Adds $491K in Casey's General Stores, Inc. ($CASY)

Lido Advisors raised its holdings in Casey's General Stores by 535 shares in the latest filing.

Key Points

  • Lido Advisors increased its position in Casey's General Stores by 535 shares, bringing its total to 9,748 shares valued at $8.94 million.
  • Casey's General Stores trades on NasdaqGS with a market cap of approximately $33.18 billion and a P/E ratio of 46.72.
  • Recent insider activity at Casey's included multiple purchases by executives, and analysts have set price targets ranging from $794 to $1,069.

Lido Advisors has boosted its stake in Casey's General Stores, Inc. (NASDAQ: CASY) by 535 shares, according to its latest 13F filing with the SEC. As of the reporting period, the firm held a total of 9,748 shares, valued at approximately $8.94 million. This represents a 5.8% increase from its previous holding of 9,213 shares.

What Changed in Lido Advisors' Casey's Position

Lido Advisors raised its investment in Casey's General Stores by 535 shares, increasing its total holdings to 9,748 shares. The value of the position is now about $8.94 million, reflecting a 5.8% increase in shares. This filing provides a snapshot of the firm's holdings as of the reporting period and may not reflect its current position.

Other Institutional Activity in Casey's General Stores

Several other institutional investors also made moves in Casey's General Stores. BlackRock, Inc. increased its holdings by 740,419 shares to a total of 4,238,547 shares, valued at approximately $3.09 billion. Vanguard Portfolio Management LLC added 1,857,617 shares, bringing its total to the same number, worth about $1.35 billion. Similarly, Vanguard Capital Management LLC acquired 1,663,162 shares, reaching a total value of approximately $1.21 billion. State Street Corp added 139,696 shares, totaling 1,378,641 shares valued at about $1.00 billion. Conversely, Franklin Resources Inc and Morgan Stanley reduced their holdings by 117,771 and 291,138 shares, respectively.

Casey's General Stores Stock Snapshot

Shares of Casey's General Stores (NASDAQ: CASY) recently traded around $916.87. The company boasts a market cap of approximately $33.18 billion and a P/E ratio of 46.72. Its stock has seen a 52-week low of $490.00 and a high of $927.85. The 50-day moving average is $800.47, while the 200-day moving average is $641.51. Casey's has a current ratio of 1.01, a quick ratio of 0.575, and a debt-to-equity ratio of 73.155.

Recent Earnings

Casey's General Stores reported revenues of approximately $17.56 billion, with a revenue growth rate of 14.5%. The company achieved a net margin of 4.07% and a return on equity of 19.15%. Earnings per share stood at $19.16. The next earnings report is scheduled for June 9, 2026.

Dividend

Casey's General Stores pays an annual dividend of $2.36 per share, yielding 0.26%. The dividend payout ratio is 11.9%.

Insider Buying and Selling at Casey's General Stores, Inc.

Recent insider activity at Casey's General Stores shows several purchases. On June 4, 2026, Stanley Sutula III and CEO Darren Rebelez each acquired 51 and 3,084 shares, respectively. On June 3, 2026, Chief HR Officer Chad Michael Frazell bought 507 shares, Chief Legal Officer Katrina Lindsey acquired 503 shares, CFO Stephen Bramlage Jr purchased 835 shares, and COO Ena Koschel Williams added 899 shares. These transactions were not part of a pre-planned trading program.

Analysts Set New Price Targets

On June 12, 2026, Evercore ISI Group maintained its 'buy' rating on Casey's General Stores with a price target of $990. JP Morgan and Stephens & Co. also maintained their ratings, setting targets at $975 each. UBS and Wells Fargo followed suit with 'hold' and 'buy' ratings, setting targets at $945 and $960, respectively. Analysts collectively recommend a 'buy' with an average target price of $908.31 based on 16 opinions.

About Casey's General Stores

Casey's General Stores, Inc., based in Ankeny, Iowa, operates convenience stores across the United States under the Casey's and Casey's General Store names. The stores offer a wide range of products, including pizza, sandwiches, and beverages, as well as fuel and automotive services. Founded in 1959, the company has grown to become a significant player in the specialty retail sector.

Bottom Line

Lido Advisors' increased stake in Casey's General Stores highlights ongoing interest in the company's performance. While 13F filings provide a historical look at holdings, they don't necessarily indicate current positions. Investors and analysts continue to keep a close eye on Casey's, given its steady revenue growth and strategic market positioning.

See Also

This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.