U.S. Bancorp $USB Shares Acquired by Midwest Trust Co

Midwest Trust Co lifted its holdings in shares of U.S. Bancorp (NYSE:USB) by 2.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 401,070 shares of the financial services provider’s stock after acquiring an additional 10,722 shares during the period. Midwest Trust Co’s holdings in U.S. Bancorp were worth $20,860,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Fifth Third Bancorp boosted its stake in U.S. Bancorp by 51.4% during the 1st quarter. Fifth Third Bancorp now owns 1,143,395 shares of the financial services provider’s stock worth $59,468,000 after purchasing an additional 388,029 shares during the period. Sovran Advisors LLC increased its stake in U.S. Bancorp by 21.3% in the first quarter. Sovran Advisors LLC now owns 8,078 shares of the financial services provider’s stock valued at $458,000 after purchasing an additional 1,420 shares during the period. Simplicity Wealth LLC raised its holdings in shares of U.S. Bancorp by 6.5% in the first quarter. Simplicity Wealth LLC now owns 14,803 shares of the financial services provider’s stock valued at $770,000 after buying an additional 909 shares during the last quarter. Conning Inc. raised its holdings in shares of U.S. Bancorp by 8,303.7% in the first quarter. Conning Inc. now owns 697,083 shares of the financial services provider’s stock valued at $36,255,000 after buying an additional 688,788 shares during the last quarter. Finally, Sequoia Financial Advisors LLC boosted its stake in shares of U.S. Bancorp by 1.0% during the first 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. 77.60% of the stock is owned by institutional investors and hedge funds.

Key U.S. Bancorp News

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 Stock Performance

Shares of U.S. Bancorp stock traded up $0.59 on Friday, reaching $62.49. 6,421,100 shares of the stock were exchanged, compared to its average volume of 8,819,863. U.S. Bancorp has a 1-year low of $43.46 and a 1-year high of $63.39. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 1.03. The business has a fifty day moving average price of $57.18 and a two-hundred day moving average price of $55.79. The firm has a market capitalization of $96.93 billion, a PE ratio of 13.10, a PEG ratio of 1.07 and a beta of 0.96.

U.S. Bancorp (NYSE:USB) last posted its quarterly earnings results on Thursday, April 16th. The financial services provider reported $1.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.14 by $0.04. The firm had revenue of $7.32 billion during the quarter, compared to analysts’ expectations of $7.27 billion. U.S. Bancorp had a net margin of 18.01% and a return on equity of 13.55%. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period in the prior year, the company posted $1.03 earnings per share. As a group, research analysts anticipate that U.S. Bancorp will post 5.11 earnings per share for the current fiscal 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 paid a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend is Tuesday, June 30th. U.S. Bancorp’s dividend payout ratio is 43.61%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on USB shares. Royal Bank Of Canada raised their price target on U.S. Bancorp from $59.00 to $61.00 and gave the stock an “outperform” rating in a report on Friday, April 17th. Stephens assumed coverage on U.S. Bancorp in a research note on Monday, June 15th. They set an “equal weight” rating and a $63.00 price objective for the company. Raymond James Financial began coverage on U.S. Bancorp in a research note on Wednesday. They issued a “strong-buy” rating and a $72.00 target price on the stock. Wall Street Zen raised U.S. Bancorp from a “sell” rating to a “hold” rating in a report on Monday, July 6th. Finally, Oppenheimer cut their price target on U.S. Bancorp from $74.00 to $73.00 and set an “outperform” rating for the company in a research note on Tuesday, June 30th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $64.31.

Insider Activity 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 owned 51,292 shares of the company’s stock, valued at $2,847,731.84. This represents a 40.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Jodi L. Richard sold 40,000 shares of the stock in a transaction 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 completion of the transaction, the insider owned 207,251 shares of the company’s stock, valued at $11,813,307. The trade was a 16.18% decrease in their position. The SEC filing for this sale provides additional information. 0.21% of the stock is owned by company insiders.

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.