Wealthfront Advisers LLC Grows Stock Holdings in U.S. Bancorp $USB

Wealthfront Advisers LLC lifted its stake in U.S. Bancorp (NYSE:USB) by 16.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 325,516 shares of the financial services provider’s stock after acquiring an additional 46,501 shares during the period. Wealthfront Advisers LLC’s holdings in U.S. Bancorp were worth $16,930,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Clayton Financial Group LLC bought a new position in shares of U.S. Bancorp in the fourth quarter worth $25,000. Financial Life Planners purchased a new stake in U.S. Bancorp during the first quarter valued at about $27,000. JPL Wealth Management LLC purchased a new stake in U.S. Bancorp during the 3rd quarter valued at about $28,000. Binnacle Investments Inc boosted its stake in shares of U.S. Bancorp by 77.8% during the third quarter. Binnacle Investments Inc now owns 624 shares of the financial services provider’s stock valued at $30,000 after purchasing an additional 273 shares during the period. Finally, NFSG Corp bought a new position in shares of U.S. Bancorp in the first quarter worth approximately $31,000. Hedge funds and other institutional investors own 77.60% of the company’s stock.

Insider Activity at U.S. Bancorp

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

Analysts Set New Price Targets

USB has been the topic of a number of analyst reports. Morgan Stanley boosted their price objective on shares of U.S. Bancorp from $64.00 to $67.00 and gave the company an “equal weight” rating in a research report on Monday, June 29th. Oppenheimer lowered their price objective on U.S. Bancorp from $74.00 to $73.00 and set an “outperform” rating for the company in a research report on Tuesday, June 30th. Weiss Ratings raised shares of U.S. Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 4th. UBS Group raised their target price on shares of U.S. Bancorp from $58.00 to $66.00 and gave the company a “neutral” rating in a research note on Tuesday, July 7th. Finally, Wells Fargo & Company boosted their price target on U.S. Bancorp from $62.00 to $66.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $64.31.

U.S. Bancorp Trading Up 1.4%

U.S. Bancorp stock opened at $63.89 on Friday. The business has a 50-day simple moving average of $57.74 and a two-hundred day simple moving average of $56.03. U.S. Bancorp has a 52-week low of $43.46 and a 52-week high of $64.27. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 1.03. The company has a market cap of $99.10 billion, a P/E ratio of 13.39, a P/E/G ratio of 1.08 and a beta of 0.96.

U.S. Bancorp (NYSE:USB) last posted its quarterly earnings data on Thursday, July 16th. The financial services provider reported $1.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.28 by $0.07. U.S. Bancorp had a net margin of 18.01% and a return on equity of 13.55%. The company had revenue of $7.71 billion for the quarter, compared to the consensus estimate of $7.58 billion. During the same quarter last year, the firm posted $1.11 earnings per share. Analysts predict that U.S. Bancorp will post 5.11 EPS for the current year.

U.S. Bancorp Announces Dividend

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

U.S. Bancorp News Summary

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 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.