Strs Ohio Reduces Stock Holdings in U.S. Bancorp $USB

Posted by Geri Gentry on Jul 4th, 2026

U.S. Bancorp logo Strs Ohio lessened its stake in shares of U.S. Bancorp (NYSE:USB – Free Report) by 3.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 526,300 shares of the financial services provider’s stock after selling 20,629 shares during the quarter. Strs Ohio’s holdings in U.S. Bancorp were worth $27,373,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. Eagle Bay Advisors LLC lifted its position in U.S. Bancorp by 11.3% in the first quarter. Eagle Bay Advisors LLC now owns 4,202 shares of the financial services provider’s stock valued at $221,000 after acquiring an additional 428 shares during the last quarter. Boston Trust Walden Corp grew its holdings in shares of U.S. Bancorp by 69.9% during the first quarter. Boston Trust Walden Corp now owns 163,206 shares of the financial services provider’s stock worth $8,488,000 after purchasing an additional 67,160 shares during the last quarter. Keybank National Association OH boosted its position in shares of U.S. Bancorp by 23.6% in the 1st quarter. Keybank National Association OH now owns 91,309 shares of the financial services provider’s stock valued at $4,749,000 after purchasing an additional 17,415 shares during the period. Mitchell & Pahl Private Wealth LLC grew its stake in U.S. Bancorp by 3.0% during the 1st quarter. Mitchell & Pahl Private Wealth LLC now owns 51,222 shares of the financial services provider’s stock worth $2,664,000 after buying an additional 1,511 shares during the last quarter. Finally, Stock Yards Bank & Trust Co. increased its position in U.S. Bancorp by 2.5% during the first quarter. Stock Yards Bank & Trust Co. now owns 39,750 shares of the financial services provider’s stock worth $2,067,000 after buying an additional 957 shares during the period. 77.60% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, 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 completion of the sale, the insider owned 207,251 shares in the company, valued at $11,813,307. This trade represents a 16.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Venkatachari Dilip sold 34,522 shares of U.S. Bancorp stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $55.52, for a total value 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 SEC filing for this sale provides additional information. Corporate insiders own 0.21% of the company’s stock.

Analyst Upgrades and Downgrades

USB has been the subject of a number of research reports. JPMorgan Chase & Co. reduced their price objective on U.S. Bancorp from $58.00 to $57.50 and set an “underweight” rating for the company in a research note on Thursday, April 30th. Barclays lifted their target price on shares of U.S. Bancorp from $65.00 to $67.00 and gave the company an “overweight” rating in a report on Friday, April 17th. DA Davidson reiterated a “buy” rating and issued a $65.00 price target on shares of U.S. Bancorp in a research report on Friday, April 17th. Weiss Ratings raised shares of U.S. Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Finally, Oppenheimer dropped their price objective on shares of U.S. Bancorp from $74.00 to $73.00 and set an “outperform” rating on the stock in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, U.S. Bancorp currently has an average rating of “Moderate Buy” and an average price target of $61.57.

View Our Latest Stock Analysis on USB

U.S. Bancorp Price Performance

Shares of NYSE USB opened at $61.67 on Friday. 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 stock has a fifty day moving average price of $56.57 and a 200 day moving average price of $55.50. U.S. Bancorp has a 1-year low of $43.46 and a 1-year high of $62.38. The company has a market cap of $95.67 billion, a PE ratio of 12.93, a P/E/G ratio of 1.07 and a beta of 0.96.

U.S. Bancorp (NYSE:USB – Get Free Report) last announced its quarterly earnings data on Thursday, April 16th. The financial services provider reported $1.18 EPS for the quarter, topping analysts’ consensus estimates 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 company 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. U.S. Bancorp’s quarterly revenue was up 4.7% on a year-over-year basis. Sell-side analysts forecast that U.S. Bancorp will post 5.09 EPS for the current year.

U.S. Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Tuesday, June 30th. U.S. Bancorp’s dividend payout ratio is currently 43.61%.

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.