OP Asset Management Ltd Takes $8.31 Million Position in U.S. Bancorp $USB

OP Asset Management Ltd bought a new stake in shares of U.S. Bancorp (NYSE:USB) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 159,723 shares of the financial services provider’s stock, valued at approximately $8,307,000.

A number of other hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC lifted its holdings in U.S. Bancorp by 323.0% in the 4th quarter. Brighton Jones LLC now owns 48,274 shares of the financial services provider’s stock valued at $2,309,000 after acquiring an additional 36,863 shares during the last quarter. Empowered Funds LLC grew its stake in shares of U.S. Bancorp by 2.1% in the 1st quarter. Empowered Funds LLC now owns 34,411 shares of the financial services provider’s stock worth $1,453,000 after purchasing an additional 714 shares during the last quarter. Intech Investment Management LLC grew its stake in shares of U.S. Bancorp by 18.9% in the 1st quarter. Intech Investment Management LLC now owns 39,276 shares of the financial services provider’s stock worth $1,658,000 after purchasing an additional 6,252 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in shares of U.S. Bancorp in the 2nd quarter worth approximately $425,000. Finally, Nebula Research & Development LLC acquired a new stake in U.S. Bancorp during the second quarter valued at approximately $701,000. 77.60% of the stock is owned by institutional investors and hedge funds.

U.S. Bancorp News Roundup

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

• Positive Sentiment: U.S. Bancorp passed the Federal Reserve’s 2026 stress test and said its stress capital buffer would remain at the 2.5% floor, reinforcing confidence in the bank’s capital strength and resilience. U.S. Bancorp Comments on Dodd-Frank Act Stress Test Results
• Positive Sentiment: The bank declared a quarterly dividend of $0.52 per share, signaling steady shareholder returns and supporting investor sentiment around the stock. U.S. Bancorp (USB) Declares Quarterly Dividend of $0.52 per Share
• Positive Sentiment: U.S. Bancorp said it plans to raise its quarterly dividend after the stress test, which suggests management is comfortable with capital levels and sees room to return more cash to shareholders. US Bancorp Declares SCB & Plans Dividend Hike After 2026 Stress Test
• Positive Sentiment: Unusually heavy call-option buying points to bullish trading activity and rising near-term investor optimism in USB shares.
• Neutral Sentiment: U.S. Bancorp also commented on its DFAST results and strong capital position, but this largely reiterates the same stress-test message rather than adding a new stock-moving catalyst. U.S. Bancorp Comments on Dodd-Frank Act Stress Test Results
• Neutral Sentiment: A separate article on USB.PR.H highlighted the bank’s floating-rate preferred stock as a potential hedge against higher rates, which is more relevant to the preferred issue than to the common stock. USB.PR.H: Hedge Inflation And Interest Rate Risk With Floating Preferreds

U.S. Bancorp Stock Performance

U.S. Bancorp stock opened at $61.08 on Friday. U.S. Bancorp has a fifty-two week low of $43.46 and a fifty-two week high of $61.88. The firm’s 50 day simple moving average is $56.00 and its 200-day simple moving average is $55.15. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.81 and a quick ratio of 0.81. The company has a market cap of $94.74 billion, a P/E ratio of 12.80, a price-to-earnings-growth ratio of 1.04 and a beta of 0.97.

U.S. Bancorp (NYSE:USB) last issued its quarterly earnings results on Thursday, April 16th. The financial services provider reported $1.18 EPS for the quarter, beating the consensus estimate of $1.14 by $0.04. U.S. Bancorp had a net margin of 18.01% and a return on equity of 13.55%. The business had revenue of $7.32 billion during the quarter, compared to the consensus estimate of $7.27 billion. During the same quarter in the prior year, the firm earned $1.03 EPS. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. As a group, equities research analysts predict that U.S. Bancorp will post 5.09 EPS for the current year.

U.S. Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a $0.52 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.4%. U.S. Bancorp’s dividend payout ratio is presently 43.61%.

Wall Street Analysts Forecast Growth

USB has been the subject of a number of research reports. Weiss Ratings upgraded shares of U.S. Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. Piper Sandler reaffirmed a “buy” rating on shares of U.S. Bancorp in a report on Thursday, February 26th. Barclays increased their price objective on U.S. Bancorp from $65.00 to $67.00 and gave the company an “overweight” rating in a research report on Friday, April 17th. Morgan Stanley set a $64.00 target price on U.S. Bancorp in a report on Friday, April 17th. Finally, Truist Financial cut their target price on U.S. Bancorp from $63.00 to $62.00 and set a “buy” rating on the stock in a research report on Friday, April 17th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, U.S. Bancorp presently has a consensus rating of “Moderate Buy” and an average price target of $61.29.

Insider Buying and Selling at U.S. Bancorp

In related news, EVP Venkatachari Dilip sold 34,522 shares of the company’s stock in a transaction 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 transaction, the executive vice president directly owned 51,292 shares of the company’s stock, valued at approximately $2,847,731.84. The trade was a 40.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jodi L. Richard sold 40,000 shares of the stock in a transaction dated 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 completion of the sale, the insider directly owned 207,251 shares of the company’s stock, valued at approximately $11,813,307. This represents a 16.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.21% of the company’s stock.

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.