SFE Investment Counsel Sells 8,108 Shares of U.S. Bancorp $USB

SFE Investment Counsel lowered its holdings in shares of U.S. Bancorp (NYSE:USB) by 3.5% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 223,650 shares of the financial services provider’s stock after selling 8,108 shares during the quarter. U.S. Bancorp accounts for 1.8% of SFE Investment Counsel’s portfolio, making the stock its 14th biggest holding. SFE Investment Counsel’s holdings in U.S. Bancorp were worth $11,632,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the business. Citizens Financial Group Inc. RI boosted its stake in shares of U.S. Bancorp by 6.3% during the first quarter. Citizens Financial Group Inc. RI now owns 64,987 shares of the financial services provider’s stock valued at $3,380,000 after purchasing an additional 3,873 shares during the period. Midwest Trust Co grew its holdings in shares of U.S. Bancorp by 2.7% in the first quarter. Midwest Trust Co now owns 401,070 shares of the financial services provider’s stock worth $20,860,000 after purchasing an additional 10,722 shares during the last quarter. Fifth Third Bancorp increased its stake in U.S. Bancorp by 51.4% in the 1st quarter. Fifth Third Bancorp now owns 1,143,395 shares of the financial services provider’s stock worth $59,468,000 after buying an additional 388,029 shares during the period. Sovran Advisors LLC lifted its holdings in U.S. Bancorp by 21.3% during the 1st quarter. Sovran Advisors LLC now owns 8,078 shares of the financial services provider’s stock valued at $458,000 after buying an additional 1,420 shares in the last quarter. Finally, Simplicity Wealth LLC lifted its holdings in U.S. Bancorp by 6.5% during the 1st 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 in the last quarter. Institutional investors own 77.60% of the company’s stock.

More 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 Up 1.0%

Shares of NYSE:USB traded up $0.59 during trading hours on Friday, hitting $62.49. The company’s stock had a trading volume of 6,421,100 shares, compared to its average volume of 8,819,863. The firm’s fifty day moving average price is $57.18 and its 200 day moving average price is $55.79. U.S. Bancorp has a 52 week low of $43.46 and a 52 week high of $63.39. The company has a market capitalization of $96.93 billion, a price-to-earnings ratio of 13.10, a P/E/G ratio of 1.07 and a beta of 0.96. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.81 and a quick ratio of 0.81.

U.S. Bancorp (NYSE:USB) last released its quarterly earnings data on Thursday, April 16th. The financial services provider reported $1.18 earnings per share (EPS) for the quarter, beating 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 company’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period last year, the firm earned $1.03 earnings per share. As a group, research analysts expect that U.S. Bancorp will post 5.11 EPS for the current year.

U.S. Bancorp Dividend Announcement

The business also recently declared 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 3.3%. U.S. Bancorp’s dividend payout ratio (DPR) is currently 43.61%.

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 completion of the sale, the executive vice president directly owned 51,292 shares in the company, valued at $2,847,731.84. This represents a 40.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Jodi L. Richard sold 40,000 shares of the firm’s stock in a transaction dated Tuesday, April 21st. The shares were sold at an average price of $57.00, for a total value of $2,280,000.00. Following the sale, the insider directly owned 207,251 shares in the company, valued at approximately $11,813,307. The trade was a 16.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.21% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on USB. Morgan Stanley upped their target price on shares of U.S. Bancorp from $64.00 to $67.00 and gave the stock an “equal weight” rating in a research note on Monday, June 29th. Raymond James Financial assumed coverage on U.S. Bancorp in a report on Wednesday. They issued a “strong-buy” rating and a $72.00 price target for the company. Truist Financial increased their price objective on U.S. Bancorp from $62.00 to $66.00 and gave the stock a “buy” rating in a research note on Friday, June 26th. Barclays raised their price objective on U.S. Bancorp from $65.00 to $67.00 and gave the stock an “overweight” rating in a report on Friday, April 17th. Finally, Wells Fargo & Company lifted their target price on U.S. Bancorp from $62.00 to $66.00 and gave the company an “overweight” rating in a research report on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, U.S. Bancorp has a consensus rating of “Moderate Buy” and a consensus price target of $64.31.

U.S. Bancorp Profile

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.