Douglas Lane & Associates LLC reduced its stake in shares of U.S. Bancorp (NYSE:USB – Free Report) by 1.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,392,848 shares of the financial services provider’s stock after selling 14,171 shares during the period. Douglas Lane & Associates LLC owned 0.09% of U.S. Bancorp worth $67,316,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in U.S. Bancorp by 1.4% during the second quarter. Vanguard Group Inc. now owns 143,269,275 shares of the financial services provider’s stock valued at $6,482,935,000 after purchasing an additional 2,038,996 shares in the last quarter. Geode Capital Management LLC raised its position in shares of U.S. Bancorp by 1.3% during the 2nd quarter. Geode Capital Management LLC now owns 36,632,410 shares of the financial services provider’s stock valued at $1,650,305,000 after purchasing an additional 456,890 shares during the period. Norges Bank purchased a new position in shares of U.S. Bancorp during the 2nd quarter valued at $971,285,000. Amundi boosted its holdings in U.S. Bancorp by 2.2% in the 1st quarter. Amundi now owns 19,907,665 shares of the financial services provider’s stock worth $773,268,000 after buying an additional 422,050 shares during the period. Finally, Davis Selected Advisers increased its stake in U.S. Bancorp by 29.8% in the 2nd quarter. Davis Selected Advisers now owns 19,331,637 shares of the financial services provider’s stock worth $874,757,000 after buying an additional 4,442,623 shares in the last quarter. 77.60% of the stock is owned by hedge funds and other institutional investors.
Trending Headlines about U.S. Bancorp
Here are the key news stories impacting U.S. Bancorp this week:
- Positive Sentiment: Keefe, Bruyette & Woods raised USB’s price target to $58 from $53, signaling improved near‑term upside expectations from a key bank analyst. Article Title
- Positive Sentiment: Keefe, Bruyette & Woods also published a bullish note forecasting strong price appreciation for USB, which can attract momentum and institutional interest. Article Title
- Positive Sentiment: Analysts expect double‑digit Q4 EPS growth for U.S. Bancorp, raising the odds of an earnings beat that would support multiple expansion. Article Title
- Positive Sentiment: Unusually heavy options activity — ~16,640 call contracts traded (about +65% vs. normal) — suggests speculative or hedged bullish positioning by options traders. (No direct article link provided for the trade summary.)
- Positive Sentiment: Coverage highlights U.S. Bancorp’s expansion of digital partnerships (Avvance, Coinstar integrations) and analyst upgrades — a narrative shift toward growth/fee income that could improve valuation multiples. Article Title Article Title
- Neutral Sentiment: KBW maintained a Hold rating on USB — a reminder that not all broker commentary is overtly bullish and some see upside as limited from current levels. Article Title
Insider Buying and Selling at U.S. Bancorp
U.S. Bancorp Stock Up 0.6%
Shares of NYSE:USB opened at $54.18 on Friday. The company has a market cap of $84.22 billion, a price-to-earnings ratio of 12.40, a PEG ratio of 1.02 and a beta of 1.10. U.S. Bancorp has a 12 month low of $35.18 and a 12 month high of $54.41. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 1.10. The company has a 50-day moving average price of $48.74 and a 200 day moving average price of $47.40.
U.S. Bancorp (NYSE:USB – Get Free Report) last issued its quarterly earnings data on Thursday, October 16th. The financial services provider reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.11 by $0.11. The business had revenue of $7.34 billion for the quarter, compared to the consensus estimate of $7.17 billion. U.S. Bancorp had a return on equity of 13.34% and a net margin of 16.89%.The company’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the business posted $1.03 earnings per share. As a group, equities research analysts predict that U.S. Bancorp will post 4.38 earnings per share for the current year.
U.S. Bancorp Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Wednesday, December 31st will be given a $0.52 dividend. The ex-dividend date is Wednesday, December 31st. This represents a $2.08 dividend on an annualized basis and a yield of 3.8%. U.S. Bancorp’s dividend payout ratio (DPR) is currently 47.60%.
Analyst Ratings Changes
Several brokerages have recently commented on USB. Truist Financial boosted their price objective on U.S. Bancorp from $52.00 to $58.00 and gave the company a “hold” rating in a research report on Thursday. Bank of America boosted their price target on U.S. Bancorp from $54.00 to $55.00 and gave the stock a “buy” rating in a report on Friday, October 17th. DA Davidson increased their price objective on shares of U.S. Bancorp from $57.00 to $59.00 and gave the company a “buy” rating in a report on Friday, October 17th. Evercore ISI boosted their target price on shares of U.S. Bancorp from $49.00 to $54.00 and gave the stock an “in-line” rating in a report on Tuesday, September 30th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of U.S. Bancorp from a “hold” rating to a “buy” rating and set a $52.50 target price for the company in a research report on Thursday, October 23rd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, U.S. Bancorp has an average rating of “Moderate Buy” and a consensus price target of $54.95.
Get Our Latest Stock Report on USB
U.S. Bancorp Company Profile
U.S. Bancorp (NYSE: USB) is a bank holding company and the parent of U.S. Bank, a national commercial bank that provides a wide range of banking, investment, mortgage, trust and payment services. The company operates through consumer and business banking, commercial banking, payment services, and wealth management segments. Its product set includes deposit accounts, consumer and commercial lending, mortgage origination and servicing, credit and debit card services, treasury and cash management, merchant processing, and institutional and trust services.
Headquartered in Minneapolis, Minnesota, U.S.
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