ARQ Wealth Advisors LLC Purchases New Holdings in U.S. Bancorp $USB

ARQ Wealth Advisors LLC acquired a new position in shares of U.S. Bancorp (NYSE:USB) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 15,235 shares of the financial services provider’s stock, valued at approximately $744,000.

Other institutional investors have also recently modified their holdings of the company. Chemung Canal Trust Co. boosted its stake in shares of U.S. Bancorp by 205.5% in the 3rd quarter. Chemung Canal Trust Co. now owns 68,327 shares of the financial services provider’s stock valued at $3,302,000 after purchasing an additional 45,963 shares in the last quarter. Citigroup Inc. grew its holdings in shares of U.S. Bancorp by 2.4% during the 3rd quarter. Citigroup Inc. now owns 1,749,812 shares of the financial services provider’s stock valued at $84,568,000 after purchasing an additional 41,803 shares during the last quarter. Jones Financial Companies Lllp increased its position in U.S. Bancorp by 15.3% during the 3rd quarter. Jones Financial Companies Lllp now owns 358,972 shares of the financial services provider’s stock worth $17,738,000 after purchasing an additional 47,537 shares in the last quarter. Synergy Asset Management LLC increased its position in U.S. Bancorp by 100.0% during the 3rd quarter. Synergy Asset Management LLC now owns 119,962 shares of the financial services provider’s stock worth $5,428,000 after purchasing an additional 59,981 shares in the last quarter. Finally, SteelPeak Wealth LLC lifted its stake in U.S. Bancorp by 757.8% in the 3rd quarter. SteelPeak Wealth LLC now owns 176,500 shares of the financial services provider’s stock valued at $8,622,000 after purchasing an additional 155,925 shares during the last quarter. 77.60% of the stock is currently owned by institutional investors.

U.S. Bancorp Price Performance

Shares of U.S. Bancorp stock opened at $51.59 on Wednesday. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.80 and a quick ratio of 0.80. U.S. Bancorp has a one year low of $35.18 and a one year high of $61.19. The business’s 50 day simple moving average is $55.68 and its two-hundred day simple moving average is $51.66. The stock has a market capitalization of $80.07 billion, a P/E ratio of 11.17, a price-to-earnings-growth ratio of 0.91 and a beta of 1.04.

U.S. Bancorp (NYSE:USB) last released its quarterly earnings data on Tuesday, January 20th. The financial services provider reported $1.26 earnings per share for the quarter, beating analysts’ consensus estimates of $1.19 by $0.07. U.S. Bancorp had a return on equity of 13.48% and a net margin of 17.66%.The firm had revenue of $7.92 billion during the quarter, compared to analyst estimates of $7.31 billion. During the same quarter in the prior year, the firm posted $1.07 earnings per share. The business’s quarterly revenue was up 5.1% compared to the same quarter last year. Analysts forecast that U.S. Bancorp will post 4.38 EPS for the current year.

U.S. Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend is Tuesday, March 31st. U.S. Bancorp’s dividend payout ratio (DPR) is 45.02%.

Insider Activity

In other news, insider Mark G. Runkel sold 32,195 shares of the company’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $60.65, for a total transaction of $1,952,626.75. Following the completion of the transaction, the insider directly owned 97,728 shares of the company’s stock, valued at approximately $5,927,203.20. This represents a 24.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.21% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Evercore raised their target price on shares of U.S. Bancorp from $60.00 to $65.00 and gave the company an “in-line” rating in a research report on Thursday, February 5th. JPMorgan Chase & Co. increased their price target on U.S. Bancorp from $55.50 to $62.00 and gave the company an “underweight” rating in a research note on Monday, February 9th. Weiss Ratings reissued a “buy (b-)” rating on shares of U.S. Bancorp in a report on Wednesday, January 21st. Truist Financial upgraded U.S. Bancorp from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $61.00 to $66.00 in a research report on Thursday, February 26th. Finally, Oppenheimer upped their target price on U.S. Bancorp from $75.00 to $77.00 and gave the stock an “outperform” rating in a report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $60.02.

Key U.S. Bancorp News

Here are the key news stories impacting U.S. Bancorp this week:

• Positive Sentiment: Management said it exceeded Q1 guidance for net interest income and fee income when presenting at the RBC Capital Markets Global Financial Institutions Conference; commentary emphasized strong underlying performance and outlook, supporting earnings visibility for investors. U.S. Bancorp (USB) Presents at RBC Conference, Here’s What You Should Know
• Positive Sentiment: U.S. Bank hired Alan Flanagan to lead Global Investment Services (global fund services, corporate trust, CLOs), a move that could accelerate fee‑generating business and international asset‑servicing growth. Leadership additions that expand fee revenue capabilities are typically viewed positively for bank valuation. Alan Flanagan joins U.S. Bank as head of Global Investment Services
• Positive Sentiment: Analyst coverage and company reporting point to solid organic top‑line expansion driven by a stronger loan pipeline, improving deposit mix and rising fee income — factors that support forward revenue and EPS estimates. USB’s Organic Growth Solid: What’s Fueling Top-Line Expansion?
• Neutral Sentiment: Proposed federal legislation (S.3940) to expand CDFI support could increase community‑development financing activity; U.S. Bancorp is listed among potentially affected firms — this is a longer‑term policy tailwind but not an immediate earnings driver. New Bill: Senator Steve Daines introduces S. 3940: Access to Fair Financing for Opportunity and Resilient Development Act
• Negative Sentiment: Short‑term pressure from interest‑rate expectations and investor rotation into perceived safe or higher‑rate beneficiaries has driven recent declines; USB remains rate‑sensitive and is trading below its 50‑day moving average, which can amplify near‑term volatility. Is It Time To Revisit U.S. Bancorp (USB) After Recent Interest Rate Jitters?

About U.S. Bancorp

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.