U.S. Bancorp (NYSE:USB) Coverage Initiated at Jefferies Financial Group

Stock analysts at Jefferies Financial Group initiated coverage on shares of U.S. Bancorp (NYSE:USB) in a note issued to investors on Thursday, Marketbeat Ratings reports. The firm set a “hold” rating and a $55.00 price target on the financial services provider’s stock. Jefferies Financial Group’s price target points to a potential upside of 8.08% from the company’s previous close.

Several other research firms have also weighed in on USB. Truist Financial upgraded U.S. Bancorp from a “hold” rating to a “buy” rating and boosted their target price for the stock from $61.00 to $66.00 in a report on Thursday, February 26th. TD Cowen increased their price target on U.S. Bancorp from $65.00 to $66.00 and gave the company a “buy” rating in a report on Wednesday, January 21st. Wolfe Research lowered shares of U.S. Bancorp from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, January 7th. Evercore boosted their price objective on shares of 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, Piper Sandler reaffirmed a “buy” rating on shares of U.S. Bancorp in a report on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, U.S. Bancorp presently has an average rating of “Moderate Buy” and an average target price of $59.52.

U.S. Bancorp Trading Down 1.4%

Shares of NYSE USB opened at $50.89 on Thursday. The business has a 50 day simple moving average of $55.19 and a 200 day simple moving average of $51.77. U.S. Bancorp has a 52 week low of $35.18 and a 52 week high of $61.19. The stock has a market cap of $78.99 billion, a price-to-earnings ratio of 11.01, a PEG ratio of 0.95 and a beta of 1.04. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.80 and a current ratio of 0.80.

U.S. Bancorp (NYSE:USB) last released its quarterly earnings results 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 net margin of 17.66% and a return on equity of 13.48%. The business had revenue of $7.92 billion for the quarter, compared to the consensus estimate of $7.31 billion. During the same quarter last year, the firm earned $1.07 EPS. U.S. Bancorp’s revenue for the quarter was up 5.1% on a year-over-year basis. On average, research analysts predict that U.S. Bancorp will post 4.38 earnings per share for the current fiscal year.

Insider Buying and Selling

In other U.S. Bancorp news, insider Mark G. Runkel sold 32,195 shares of the stock in a transaction on Friday, February 6th. The shares were sold at an average price of $60.65, for a total value of $1,952,626.75. Following the completion of the sale, the insider directly owned 97,728 shares of the company’s stock, valued at $5,927,203.20. This represents a 24.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.21% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Clayton Financial Group LLC acquired a new stake in U.S. Bancorp during the fourth quarter worth $25,000. Guerra Advisors Inc bought a new stake in U.S. Bancorp in the 3rd quarter valued at $25,000. Financial Life Planners acquired a new position in shares of U.S. Bancorp in the 3rd quarter valued at $25,000. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of U.S. Bancorp in the 3rd quarter valued at $26,000. Finally, Rossby Financial LCC lifted its holdings in shares of U.S. Bancorp by 57.8% during the 4th quarter. Rossby Financial LCC now owns 579 shares of the financial services provider’s stock worth $31,000 after acquiring an additional 212 shares during the period. 77.60% of the stock is currently owned by institutional investors and hedge funds.

More U.S. Bancorp News

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

• Positive Sentiment: Avvance point-of-sale expansion: U.S. Bancorp is extending Avvance loan terms (six- and seven-year options) and broadening distribution via the Skeps multi-lender network, which supports fee and loan growth and deepens merchant relationships — a growth catalyst for future revenue. How U.S. Bank’s Avvance Expansion At U.S. Bancorp (USB) Has Changed Its Investment Story
• Positive Sentiment: Operations leadership changes: The bank announced senior operations leadership moves, including hiring Clements as Senior EVP & Chief Operations Officer, which can improve execution, efficiency and risk controls — important for margins and operational stability. Clements to Join U.S. Bancorp as Senior EVP & Chief Operations Officer
• Positive Sentiment: Dividend/income appeal: Recent pieces (Zacks/Yahoo) highlight USB’s ~4% yield and dividend growth profile, reinforcing appeal to income investors and supporting a valuation floor amid rate and macro uncertainty. Are You Looking for a High-Growth Dividend Stock?
• Neutral Sentiment: Oppenheimer trims price target: Oppenheimer lowered its target to $71 from $77 but kept an Outperform rating — a sign the bank remains seen as a long-term outperformer even after modestly reduced expectations. Oppenheimer price-target update
• Negative Sentiment: Truist trims target despite Buy: Truist reiterated a Buy but cut its price target from $66 to $63, signaling slightly weaker near-term outlook assumptions (rates/macro) and removing some upside for investors. Truist Keeps Buy on U.S. Bancorp (USB) Despite Pressure from Rates and Macro Risks
• Negative Sentiment: Jefferies starts coverage at Hold ($55 PT): New coverage with a Hold and ~$55 target reduces incremental buy-side enthusiasm versus higher analyst targets, adding near-term selling pressure until catalysts reappear. Jefferies initiates coverage of US Bancorp (USB) with hold recommendation

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.