U.S. Bancorp $USB Shares Bought by Bank of Montreal Can

Bank of Montreal Can lifted its position in shares of U.S. Bancorp (NYSE:USB) by 27.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,754,489 shares of the financial services provider’s stock after buying an additional 806,702 shares during the quarter. Bank of Montreal Can owned approximately 0.24% of U.S. Bancorp worth $181,454,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Legal & General Group Plc lifted its stake in shares of U.S. Bancorp by 2.6% during the third quarter. Legal & General Group Plc now owns 9,238,404 shares of the financial services provider’s stock valued at $446,492,000 after buying an additional 238,123 shares during the period. Banque Cantonale Vaudoise lifted its stake in shares of U.S. Bancorp by 53.9% during the 3rd quarter. Banque Cantonale Vaudoise now owns 39,735 shares of the financial services provider’s stock worth $1,920,000 after purchasing an additional 13,922 shares during the period. Russell Investments Group Ltd. lifted its stake in shares of U.S. Bancorp by 10.9% during the 3rd quarter. Russell Investments Group Ltd. now owns 876,599 shares of the financial services provider’s stock worth $42,461,000 after purchasing an additional 86,469 shares during the period. Schroder Investment Management Group boosted its holdings in shares of U.S. Bancorp by 9.2% during the third quarter. Schroder Investment Management Group now owns 2,888,219 shares of the financial services provider’s stock worth $139,992,000 after purchasing an additional 244,012 shares during the last quarter. Finally, Fort Sheridan Advisors LLC acquired a new stake in shares of U.S. Bancorp during the third quarter worth $683,000. Institutional investors and hedge funds own 77.60% of the company’s stock.

U.S. Bancorp Stock Performance

Shares of NYSE:USB opened at $51.97 on Wednesday. The firm has a market capitalization of $80.74 billion, a PE ratio of 11.25, a P/E/G ratio of 0.93 and a beta of 1.04. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.80 and a quick ratio of 0.80. The business has a 50-day moving average of $55.98 and a two-hundred day moving average of $51.56. U.S. Bancorp has a 12 month low of $35.18 and a 12 month high of $61.19.

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 the consensus estimate 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 business had revenue of $7.92 billion for the quarter, compared to analyst estimates of $7.31 billion. During the same period in the previous year, the company posted $1.07 EPS. The company’s revenue was up 5.1% compared to the same quarter last year. As a group, research analysts forecast that U.S. Bancorp will post 4.38 earnings per share for the current year.

Analyst Ratings Changes

Several research firms recently commented on USB. TD Cowen upped their target price on U.S. Bancorp from $65.00 to $66.00 and gave the company a “buy” rating in a research note on Wednesday, January 21st. JPMorgan Chase & Co. lifted their price target on U.S. Bancorp from $55.50 to $62.00 and gave the company an “underweight” rating in a report on Monday, February 9th. DA Davidson upped their price objective on shares of U.S. Bancorp from $63.00 to $65.00 and gave the company a “buy” rating in a research note on Wednesday, January 21st. HSBC reiterated a “buy” rating and set a $62.00 price objective on shares of U.S. Bancorp in a report on Wednesday, January 7th. Finally, Truist Financial upgraded shares of U.S. Bancorp from a “hold” rating to a “buy” rating and boosted their target price for the company from $61.00 to $66.00 in a report on Thursday, February 26th. One research 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. According to data from MarketBeat.com, U.S. Bancorp presently has a consensus rating of “Moderate Buy” and a consensus target price of $60.02.

U.S. Bancorp News Summary

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

• Positive Sentiment: U.S. Bancorp rolled out expanded wealth capabilities aimed at first-time and self-directed investors (Wealth Connect, commission-free trading and team-based advisory tiers). This could lift fee income, deepen customer relationships and boost deposit/asset flows over time. U.S. Bancorp Advisors Launches Suite of Offerings for Investors New to Building Wealth
• Positive Sentiment: The company announced a quarterly cash dividend (details released in the press release), which supports income investors and signals management’s comfort with capital distributions after recent earnings. U.S. Bancorp Announces Quarterly Dividends
• Neutral Sentiment: U.S. Bancorp established a new medium-term note program to add flexibility for debt issuance. This provides funding optionality but is standard for large banks and unlikely to shift the credit profile materially in isolation. U.S. Bancorp Launches New Medium-Term Note Program
• Neutral Sentiment: Analyst pieces comparing USB to regional peers (e.g., M&T) highlight differing valuations, lending momentum and digital investments — useful context for relative positioning but not an immediate catalyst. USB vs. MTB: Which Regional Bank Stock Has Better Growth Potential?

Insider Buying and Selling

In other U.S. Bancorp news, insider Mark G. Runkel sold 32,195 shares of U.S. Bancorp stock in a transaction that occurred on 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 transaction, the insider directly owned 97,728 shares of the company’s stock, valued at $5,927,203.20. The trade was a 24.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.23% of the company’s stock.

U.S. Bancorp 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.