U.S. Bancorp $USB Shares Sold by Candriam S.C.A.

Candriam S.C.A. cut its stake in shares of U.S. Bancorp (NYSE:USB) by 1.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 763,077 shares of the financial services provider’s stock after selling 14,219 shares during the quarter. Candriam S.C.A.’s holdings in U.S. Bancorp were worth $39,688,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Conning Inc. lifted its holdings in shares of U.S. Bancorp by 8,303.7% during the first quarter. Conning Inc. now owns 697,083 shares of the financial services provider’s stock worth $36,255,000 after purchasing an additional 688,788 shares during the period. Sequoia Financial Advisors LLC increased its holdings in U.S. Bancorp by 1.0% in the 1st quarter. Sequoia Financial Advisors LLC now owns 164,385 shares of the financial services provider’s stock worth $8,550,000 after buying an additional 1,555 shares during the period. Equitable Trust Co. increased its holdings in U.S. Bancorp by 1.0% in the 1st quarter. Equitable Trust Co. now owns 24,080 shares of the financial services provider’s stock worth $1,252,000 after buying an additional 244 shares during the period. Roman Butler Fullerton & Co. raised its position in U.S. Bancorp by 6.9% during the 1st quarter. Roman Butler Fullerton & Co. now owns 19,704 shares of the financial services provider’s stock worth $1,091,000 after buying an additional 1,266 shares during the last quarter. Finally, Resona Asset Management Co. Ltd. lifted its stake in U.S. Bancorp by 1.7% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 516,733 shares of the financial services provider’s stock valued at $26,768,000 after acquiring an additional 8,470 shares during the period. 77.60% of the stock is owned by institutional investors and hedge funds.

U.S. Bancorp Trading Up 1.0%

Shares of U.S. Bancorp stock opened at $62.49 on Friday. The firm has a 50-day simple moving average of $57.18 and a two-hundred day simple moving average of $55.79. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.81 and a current ratio of 0.81. U.S. Bancorp has a fifty-two week low of $43.46 and a fifty-two week high of $63.39. The company has a market cap of $96.93 billion, a P/E ratio of 13.10, a price-to-earnings-growth ratio of 1.06 and a beta of 0.96.

U.S. Bancorp (NYSE:USB) last announced its quarterly earnings results on Thursday, April 16th. The financial services provider reported $1.18 earnings per share for the quarter, beating the consensus estimate of $1.14 by $0.04. The firm had revenue of $7.32 billion during the quarter, compared to analyst estimates of $7.27 billion. U.S. Bancorp had a return on equity of 13.55% and a net margin of 18.01%.U.S. Bancorp’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.03 EPS. As a group, equities analysts predict that U.S. Bancorp will post 5.11 earnings per share for the current fiscal year.

U.S. Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a $0.52 dividend. This represents a $2.08 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend is Tuesday, June 30th. U.S. Bancorp’s dividend payout ratio (DPR) is presently 43.61%.

Analyst Ratings Changes

USB has been the topic of a number of research reports. JPMorgan Chase & Co. increased their price objective on shares of U.S. Bancorp from $57.50 to $65.00 and gave the stock an “underweight” rating in a research note on Monday, July 6th. Truist Financial boosted their target price on shares of U.S. Bancorp from $62.00 to $66.00 and gave the company a “buy” rating in a research report on Friday, June 26th. Stephens began coverage on shares of U.S. Bancorp in a report on Monday, June 15th. They issued an “equal weight” rating and a $63.00 price target on the stock. Weiss Ratings raised U.S. Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Finally, Morgan Stanley boosted their price objective on U.S. Bancorp from $64.00 to $67.00 and gave the company an “equal weight” rating in a report on Monday, June 29th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $64.31.

Insider Buying and Selling

In other 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 transaction of $1,916,661.44. Following the completion of the transaction, the executive vice president directly owned 51,292 shares of the company’s stock, valued at $2,847,731.84. This represents a 40.23% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Jodi L. Richard sold 40,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 21st. The stock was sold at an average price of $57.00, for a total value of $2,280,000.00. Following the transaction, the insider directly owned 207,251 shares of the company’s stock, valued at approximately $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 owned by insiders.

U.S. Bancorp News Roundup

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

• Positive Sentiment: Several recent articles highlight U.S. Bancorp as a potential momentum and value opportunity, suggesting improving market sentiment around the stock. Here’s Why U.S. Bancorp (USB) is a Great Momentum Stock to Buy
• Positive Sentiment: Analysts expect U.S. Bancorp to post earnings growth in its upcoming quarterly report, and some coverage says it has the ingredients for a possible earnings beat. U.S. Bancorp (USB) Earnings Expected to Grow: Should You Buy?
• Neutral Sentiment: U.S. Bancorp was mentioned in a broader article about financial stocks and upcoming bank earnings, which keeps attention on the sector but does not directly change USB’s fundamentals. TSMC, ASML Kick Off Semiconductor Earnings; Goldman Sachs, JPMorgan In Financial Parade
• Neutral Sentiment: A proposed bill on bank net operating loss rules could affect USB’s long-term tax planning if enacted, but it is still early-stage legislation and not an immediate driver. New Bill: Representative Mike Carey introduces H.R. 9383: Small Business and Consumer Credit Act of 2026

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.