Crossmark Global Holdings Inc. lifted its holdings in shares of U.S. Bancorp (NYSE:USB – Free Report) by 12.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 389,893 shares of the financial services provider’s stock after purchasing an additional 42,889 shares during the period. Crossmark Global Holdings Inc.’s holdings in U.S. Bancorp were worth $18,844,000 as of its most recent filing with the SEC.
A number of other large investors also recently added to or reduced their stakes in the business. Norges Bank bought a new position in shares of U.S. Bancorp during the second quarter valued at about $971,285,000. Davis Selected Advisers grew its position in U.S. Bancorp by 29.8% during the 2nd quarter. Davis Selected Advisers now owns 19,331,637 shares of the financial services provider’s stock worth $874,757,000 after acquiring an additional 4,442,623 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its stake in U.S. Bancorp by 1,589.4% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 3,472,252 shares of the financial services provider’s stock worth $157,119,000 after purchasing an additional 3,266,724 shares during the period. AQR Capital Management LLC lifted its position in U.S. Bancorp by 354.5% in the second quarter. AQR Capital Management LLC now owns 2,855,350 shares of the financial services provider’s stock valued at $129,205,000 after purchasing an additional 2,227,103 shares during the last quarter. Finally, Vanguard Group Inc. lifted its position in U.S. Bancorp by 1.4% in 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 during the last quarter. Hedge funds and other institutional investors own 77.60% of the company’s stock.
Insider Buying and Selling at U.S. Bancorp
In other 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 completion of the transaction, the insider directly owned 97,728 shares in the company, valued at approximately $5,927,203.20. This trade represents a 24.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.23% of the company’s stock.
U.S. Bancorp Stock Down 0.8%
U.S. Bancorp (NYSE:USB – Get Free Report) last announced its earnings results on Tuesday, January 20th. The financial services provider reported $1.26 EPS for the quarter, beating analysts’ consensus estimates of $1.19 by $0.07. The firm had revenue of $7.92 billion for the quarter, compared to analysts’ expectations of $7.31 billion. U.S. Bancorp had a net margin of 17.66% and a return on equity of 13.48%. The company’s quarterly revenue was up 5.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.07 EPS. As a group, analysts forecast that U.S. Bancorp will post 4.38 earnings per share for the current fiscal year.
U.S. Bancorp Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date was Wednesday, December 31st. U.S. Bancorp’s dividend payout ratio is 45.02%.
Trending Headlines about U.S. Bancorp
Here are the key news stories impacting U.S. Bancorp this week:
- Positive Sentiment: Analysts note USB has outperformed the S&P 500 over the past year and remains fairly well regarded, supporting longer‑term investor confidence. Is U.S. Bancorp Stock Outperforming the S&P 500?
- Positive Sentiment: USB appears on recent value screens (cheap on price‑to‑cash‑flow) alongside other defensive names, which can attract bargain hunters in volatile markets. 4 Value Stocks to Buy as Middle East Tensions Keep Markets on Edge
- Positive Sentiment: Zacks highlights USB (and peers) as potential beneficiaries if interest rates fall or funding costs stabilize — a tailwind for regional bank margins and loan demand. Zacks Industry Outlook Highlights U.S. Bancorp, The Bank of New York Mellon and Northern Trust
- Neutral Sentiment: U.S. Bancorp will present at investor conferences and has posted its 2027 earnings‑call schedule — these increase investor access and transparency but are routine. U.S. Bancorp Provides Schedule for 2027 Earnings Conference Calls
- Neutral Sentiment: Management is slated to speak at the RBC Global Financial Institutions Conference, offering a near‑term opportunity for guidance or tone that could move the stock. U.S. Bancorp to Speak at the RBC Capital Markets Global Financial Institutions Conference
- Negative Sentiment: Escalating Middle East conflict is driving market volatility and risk‑off flows, which typically weigh on regional bank stocks via trading and loan growth uncertainty. How the Iran conflict is spreading — in pictures
- Negative Sentiment: European markets and global equities are trading mixed as geopolitical headlines unsettle traders — that risk‑off backdrop is a likely driver of USB’s weaker session today. European markets head for another mixed open as war unsettles traders
Analyst Ratings Changes
Several research analysts recently commented on USB shares. HSBC reaffirmed a “buy” rating and issued a $62.00 target price on shares of U.S. Bancorp in a research note on Wednesday, January 7th. Wolfe Research cut shares of U.S. Bancorp from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, January 7th. TD Cowen upped their price objective on shares of U.S. Bancorp from $65.00 to $66.00 and gave the company a “buy” rating in a research note on Wednesday, January 21st. Evercore raised their target price on U.S. Bancorp from $60.00 to $65.00 and gave the stock an “in-line” rating in a research note on Thursday, February 5th. Finally, Keefe, Bruyette & Woods boosted their price target on U.S. Bancorp from $58.00 to $59.00 and gave the company a “market perform” 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 assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $60.02.
Get Our Latest Research 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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