U.S. Bancorp $USB Stock Position Lifted by Sanctuary Advisors LLC

Sanctuary Advisors LLC lifted its position in U.S. Bancorp (NYSE:USB) by 3.7% in the 1st quarter, Holdings Channel.com reports. The fund owned 221,393 shares of the financial services provider’s stock after acquiring an additional 7,895 shares during the period. Sanctuary Advisors LLC’s holdings in U.S. Bancorp were worth $11,515,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Checchi Capital Advisers LLC boosted its holdings in U.S. Bancorp by 22.9% in the first quarter. Checchi Capital Advisers LLC now owns 11,595 shares of the financial services provider’s stock worth $603,000 after purchasing an additional 2,161 shares during the period. AMG National Trust Bank grew its position in shares of U.S. Bancorp by 2.8% during the 1st quarter. AMG National Trust Bank now owns 104,257 shares of the financial services provider’s stock valued at $5,422,000 after buying an additional 2,861 shares during the last quarter. Retirement Planning Group LLC raised its position in shares of U.S. Bancorp by 9.2% during the 1st quarter. Retirement Planning Group LLC now owns 4,483 shares of the financial services provider’s stock worth $233,000 after purchasing an additional 379 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its holdings in shares of U.S. Bancorp by 17.1% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 37,182 shares of the financial services provider’s stock worth $1,934,000 after purchasing an additional 5,429 shares during the last quarter. Finally, Chicago Partners Investment Group LLC lifted its holdings in shares of U.S. Bancorp by 9.1% in the 1st quarter. Chicago Partners Investment Group LLC now owns 27,357 shares of the financial services provider’s stock worth $1,548,000 after purchasing an additional 2,289 shares during the last quarter. 77.60% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting U.S. Bancorp

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

• Positive Sentiment: U.S. Bancorp posted quarterly earnings of $1.35 per share, above Wall Street expectations, with higher net interest income, fee revenue, and loan growth all contributing to the beat. U.S. Bancorp Q2 Earnings Beat Estimates on NII & Fee Revenue Growth
• Positive Sentiment: The company reported record quarterly revenue of $7.71 billion, helped by strong loan growth, broad fee momentum, and a one-month contribution from BTIG, signaling improving operating leverage. U.S. Bancorp Rides Payments Boom to Record Revenue
• Positive Sentiment: Management raised its 2026 revenue guidance, reinforcing confidence that recent growth trends can continue into the back half of the year. U.S. Bancorp Reports Record Revenue, Raises Outlook
• Neutral Sentiment: Several reports highlighted that the bank’s earnings call pointed to broad-based strength across lending, fees, and payments, which supports the bullish tone but adds little new detail beyond the earnings release. U.S. Bancorp Earnings Call Signals Broad-Based Strength
• Negative Sentiment: One concern from the quarter was higher expense growth, which tempered enthusiasm somewhat even though it did not outweigh the earnings beat. U.S. Bancorp Q2 earnings beat, but expense growth disappoints

U.S. Bancorp Stock Up 1.4%

USB opened at $63.89 on Friday. U.S. Bancorp has a one year low of $43.46 and a one year high of $64.27. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.81 and a current ratio of 0.81. The stock’s fifty day moving average is $57.74 and its 200-day moving average is $56.03. The company has a market capitalization of $99.10 billion, a PE ratio of 13.39, a P/E/G ratio of 1.08 and a beta of 0.96.

U.S. Bancorp (NYSE:USB) last announced its earnings results on Thursday, July 16th. The financial services provider reported $1.35 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.07. The business had revenue of $7.71 billion during the quarter, compared to analysts’ expectations of $7.58 billion. U.S. Bancorp had a return on equity of 13.55% and a net margin of 18.01%.During the same quarter last year, the business posted $1.11 earnings per share. On average, equities analysts predict that U.S. Bancorp will post 5.11 EPS for the current fiscal year.

U.S. Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.52 per share. The ex-dividend date was Tuesday, June 30th. This represents a $2.08 annualized dividend and a dividend yield of 3.3%. U.S. Bancorp’s dividend payout ratio (DPR) is 43.61%.

Insider Buying and Selling

In related news, EVP Venkatachari Dilip sold 34,522 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $55.52, for a total transaction of $1,916,661.44. Following the completion of the sale, the executive vice president directly owned 51,292 shares in the company, valued at approximately $2,847,731.84. This trade represents a 40.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Jodi L. Richard sold 40,000 shares of the company’s stock in a transaction on Tuesday, April 21st. The shares were sold at an average price of $57.00, for a total value of $2,280,000.00. Following the sale, the insider directly owned 207,251 shares of the company’s stock, valued at approximately $11,813,307. This represents a 16.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.21% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on USB. Truist Financial upped their price objective on U.S. Bancorp from $62.00 to $66.00 and gave the stock a “buy” rating in a research note on Friday, June 26th. Raymond James Financial began coverage on shares of U.S. Bancorp in a report on Wednesday, July 8th. They set a “strong-buy” rating and a $72.00 price target for the company. Royal Bank Of Canada upped their price target on shares of U.S. Bancorp from $59.00 to $61.00 and gave the stock an “outperform” rating in a research report on Friday, April 17th. UBS Group increased their price objective on shares of U.S. Bancorp from $58.00 to $66.00 and gave the stock a “neutral” rating in a report on Tuesday, July 7th. Finally, Stephens initiated coverage on shares of U.S. Bancorp in a research report on Monday, June 15th. They issued an “equal weight” rating and a $63.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $64.31.

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.