SFE Investment Counsel Cuts Position in U.S. Bancorp $USB

SFE Investment Counsel decreased its holdings in shares of U.S. Bancorp (NYSE:USB) by 3.5% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 223,650 shares of the financial services provider’s stock after selling 8,108 shares during the period. U.S. Bancorp accounts for 1.8% of SFE Investment Counsel’s portfolio, making the stock its 14th largest position. SFE Investment Counsel’s holdings in U.S. Bancorp were worth $11,632,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in USB. Inceptionr LLC raised its holdings in U.S. Bancorp by 424.4% in the fourth quarter. Inceptionr LLC now owns 27,614 shares of the financial services provider’s stock worth $1,473,000 after buying an additional 22,348 shares during the last quarter. Danske Bank A S purchased a new stake in shares of U.S. Bancorp during the third quarter valued at approximately $37,162,000. Nordea Investment Management AB increased its position in shares of U.S. Bancorp by 15.3% during the fourth quarter. Nordea Investment Management AB now owns 2,690,174 shares of the financial services provider’s stock valued at $144,462,000 after acquiring an additional 357,300 shares in the last quarter. Lighthouse Investment Partners LLC raised its holdings in U.S. Bancorp by 92.9% in the 3rd quarter. Lighthouse Investment Partners LLC now owns 252,335 shares of the financial services provider’s stock worth $12,195,000 after acquiring an additional 121,529 shares during the last quarter. Finally, Savvy Advisors Inc. raised its holdings in U.S. Bancorp by 244.4% in the 4th quarter. Savvy Advisors Inc. now owns 30,872 shares of the financial services provider’s stock worth $1,647,000 after acquiring an additional 21,907 shares during the last quarter. 77.60% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on USB shares. Truist Financial upped their price target on U.S. Bancorp from $62.00 to $66.00 and gave the company a “buy” rating in a report on Friday, June 26th. DA Davidson restated a “buy” rating and issued a $65.00 price objective on shares of U.S. Bancorp in a research note on Friday, April 17th. UBS Group raised their target price on shares of U.S. Bancorp from $58.00 to $66.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 7th. Wells Fargo & Company raised their price target on U.S. Bancorp from $62.00 to $66.00 and gave the company an “overweight” rating in a report on Monday, July 6th. Finally, Oppenheimer lowered their target price on shares of U.S. Bancorp from $74.00 to $73.00 and set an “outperform” rating on the stock in a report on Tuesday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, U.S. Bancorp currently has a consensus rating of “Moderate Buy” and an average price target of $64.31.

Insider Buying and Selling

In other news, insider Jodi L. Richard sold 40,000 shares of the business’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 transaction of $2,280,000.00. Following the transaction, the insider owned 207,251 shares of the company’s stock, valued at approximately $11,813,307. The trade was a 16.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Venkatachari Dilip sold 34,522 shares of the stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $55.52, for a total value of $1,916,661.44. Following the sale, the executive vice president owned 51,292 shares in the company, valued at $2,847,731.84. The trade was a 40.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.21% of the company’s stock.

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

U.S. Bancorp Price Performance

U.S. Bancorp stock traded up $0.59 during mid-day trading on Friday, reaching $62.49. 6,421,100 shares of the company’s stock traded hands, compared to its average volume of 8,819,863. U.S. Bancorp has a 12-month low of $43.46 and a 12-month high of $63.39. 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 stock has a 50 day moving average of $57.18 and a two-hundred day moving average of $55.79. The company has a market cap of $96.93 billion, a price-to-earnings ratio of 13.10, a PEG ratio of 1.07 and a beta of 0.96.

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

U.S. Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be 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 is Tuesday, June 30th. U.S. Bancorp’s payout ratio is presently 43.61%.

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.