Investment Analysts’ Weekly Ratings Updates for U.S. Bancorp (USB)

A number of research firms have changed their ratings and price targets for U.S. Bancorp (NYSE: USB):

• 10/16/2026 – U.S. Bancorp had its “buy” rating reaffirmed by DA Davidson. They now have a $73.00 price target on the stock.
• 10/16/2026 – U.S. Bancorp was given a new $68.00 price target by Morgan Stanley.
• 10/16/2026 – U.S. Bancorp had its price target lowered by Royal Bank Of Canada from $68.00 to $65.00. They now have an “outperform” rating on the stock.
• 10/16/2026 – U.S. Bancorp had its price target raised by Oppenheimer Holdings, Inc. from $72.00 to $73.00. They now have an “outperform” rating on the stock.
• 10/16/2026 – U.S. Bancorp had its price target lowered by Citigroup Inc. from $72.00 to $70.00. They now have a “buy” rating on the stock.
• 10/15/2026 – U.S. Bancorp had its “neutral” rating reaffirmed by The Goldman Sachs Group, Inc..
• 10/8/2026 – U.S. Bancorp is now covered by TD Cowen. They set a “buy” rating and a $70.00 price target on the stock.
• 10/6/2026 – U.S. Bancorp had its price target lowered by Raymond James Financial, Inc. from $74.00 to $72.00. They now have a “strong-buy” rating on the stock.
• 10/5/2026 – U.S. Bancorp had its price target lowered by UBS Group AG from $66.00 to $64.00. They now have a “neutral” rating on the stock.
• 10/2/2026 – U.S. Bancorp had its price target lowered by JPMorgan Chase & Co. from $69.00 to $65.00. They now have a “neutral” rating on the stock.
• 10/1/2026 – U.S. Bancorp had its price target lowered by Truist Financial Corporation from $69.00 to $67.00. They now have a “buy” rating on the stock.
• 9/28/2026 – U.S. Bancorp had its price target raised by HSBC Holdings plc from $74.00 to $76.00. They now have a “buy” rating on the stock.
• 9/22/2026 – U.S. Bancorp had its “buy” rating reaffirmed by Citigroup Inc..
• 8/24/2026 – U.S. Bancorp had its “outperform” rating reaffirmed by Royal Bank Of Canada. They now have a $68.00 price target on the stock.

U.S. Bancorp Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were paid a $0.54 dividend. This represents a $2.16 annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Wednesday, September 30th. This is an increase from U.S. Bancorp’s previous quarterly dividend of $0.52. U.S. Bancorp’s dividend payout ratio is presently 42.11%.

Insider Buying and Selling

In other U.S. Bancorp news, CEO Gunjan Kedia sold 27,267 shares of the business’s stock in a transaction on Friday, August 28th. The stock was sold at an average price of $62.37, for a total value of $1,700,642.79. Following the completion of the transaction, the chief executive officer directly owned 426,262 shares in the company, valued at approximately $26,585,960.94. The trade was a 6.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.21% of the company’s stock.

U.S. Bancorp (NYSE: USB) is a financial services holding company headquartered in Minneapolis, Minnesota, and the parent company of U.S. Bank National Association. U.S. Bank provides banking, lending, payment, investment and wealth-management services to individuals, businesses, institutions and government entities.

The company’s consumer and business banking operations offer deposit accounts, mortgages, home-equity and consumer loans, credit cards, small-business banking and commercial lending.