Voya Investment Management LLC Lowers Stock Position in U.S. Bancorp $USB

Voya Investment Management LLC trimmed its holdings in U.S. Bancorp (NYSE:USBFree Report) by 4.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,030,905 shares of the financial services provider’s stock after selling 49,395 shares during the quarter. Voya Investment Management LLC’s holdings in U.S. Bancorp were worth $49,824,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. IMG Wealth Management Inc. acquired a new position in U.S. Bancorp in the second quarter valued at $25,000. Saudi Central Bank acquired a new stake in shares of U.S. Bancorp during the first quarter worth about $26,000. Hillsdale Investment Management Inc. purchased a new position in shares of U.S. Bancorp during the second quarter worth about $27,000. Pineridge Advisors LLC increased its position in U.S. Bancorp by 446.2% in the 2nd quarter. Pineridge Advisors LLC now owns 639 shares of the financial services provider’s stock valued at $29,000 after acquiring an additional 522 shares during the period. Finally, Activest Wealth Management increased its position in U.S. Bancorp by 846.5% in the 2nd quarter. Activest Wealth Management now owns 814 shares of the financial services provider’s stock valued at $37,000 after acquiring an additional 728 shares during the period. Institutional investors and hedge funds own 77.60% of the company’s stock.

Analysts Set New Price Targets

USB has been the subject of a number of recent research reports. Oppenheimer decreased their price objective on U.S. Bancorp from $66.00 to $64.00 and set an “outperform” rating for the company in a research report on Wednesday, November 19th. DA Davidson upped their price target on U.S. Bancorp from $57.00 to $59.00 and gave the stock a “buy” rating in a research note on Friday, October 17th. Weiss Ratings reiterated a “buy (b-)” rating on shares of U.S. Bancorp in a research report on Wednesday, October 8th. Truist Financial boosted their price objective on shares of U.S. Bancorp from $52.00 to $58.00 and gave the company a “hold” rating in a research note on Thursday. Finally, Bank of America upped their price objective on shares of U.S. Bancorp from $54.00 to $55.00 and gave the stock a “buy” rating in a research report on Friday, October 17th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $54.95.

View Our Latest Research Report on U.S. Bancorp

U.S. Bancorp Price Performance

U.S. Bancorp stock opened at $54.18 on Friday. The company has a market cap of $84.22 billion, a P/E ratio of 12.40, a price-to-earnings-growth ratio of 1.02 and a beta of 1.10. U.S. Bancorp has a one year low of $35.18 and a one year high of $54.41. The business has a fifty day moving average of $48.74 and a two-hundred day moving average of $47.40. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.82 and a current ratio of 0.82.

U.S. Bancorp (NYSE:USBGet Free Report) last announced its quarterly earnings results on Thursday, October 16th. The financial services provider reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.11 by $0.11. U.S. Bancorp had a net margin of 16.89% and a return on equity of 13.34%. The business had revenue of $7.34 billion during the quarter, compared to the consensus estimate of $7.17 billion. During the same quarter last year, the firm posted $1.03 EPS. The business’s revenue was up 6.8% compared to the same quarter last year. As a group, analysts predict that U.S. Bancorp will post 4.38 earnings per share for the current fiscal year.

U.S. Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be given a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Wednesday, December 31st. U.S. Bancorp’s dividend payout ratio (DPR) is presently 47.60%.

Insider Activity at U.S. Bancorp

In related news, Chairman Andrew Cecere sold 140,445 shares of U.S. Bancorp stock in a transaction on Monday, October 20th. The stock was sold at an average price of $46.34, for a total transaction of $6,508,221.30. Following the completion of the transaction, the chairman directly owned 1,360,414 shares of the company’s stock, valued at approximately $63,041,584.76. The trade was a 9.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP James L. Chosy sold 26,909 shares of the business’s stock in a transaction on Monday, October 20th. The stock was sold at an average price of $46.86, for a total value of $1,260,955.74. Following the sale, the executive vice president owned 226,375 shares in the company, valued at approximately $10,607,932.50. The trade was a 10.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.23% of the stock is owned by insiders.

Trending Headlines about U.S. Bancorp

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

  • Positive Sentiment: Keefe, Bruyette & Woods raised USB’s price target to $58 from $53, signaling improved near‑term upside expectations from a key bank analyst. Article Title
  • Positive Sentiment: Keefe, Bruyette & Woods also published a bullish note forecasting strong price appreciation for USB, which can attract momentum and institutional interest. Article Title
  • Positive Sentiment: Analysts expect double‑digit Q4 EPS growth for U.S. Bancorp, raising the odds of an earnings beat that would support multiple expansion. Article Title
  • Positive Sentiment: Unusually heavy options activity — ~16,640 call contracts traded (about +65% vs. normal) — suggests speculative or hedged bullish positioning by options traders. (No direct article link provided for the trade summary.)
  • Positive Sentiment: Coverage highlights U.S. Bancorp’s expansion of digital partnerships (Avvance, Coinstar integrations) and analyst upgrades — a narrative shift toward growth/fee income that could improve valuation multiples. Article Title Article Title
  • Neutral Sentiment: KBW maintained a Hold rating on USB — a reminder that not all broker commentary is overtly bullish and some see upside as limited from current levels. Article Title

About U.S. Bancorp

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for U.S. Bancorp (NYSE:USB)

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