U.S. Bancorp $USB Shares Acquired by First Trust Advisors LP

Posted by Stanley Muller on Jul 22nd, 2026

U.S. Bancorp logo First Trust Advisors LP increased its holdings in shares of U.S. Bancorp (NYSE:USB – Free Report) by 39.9% in the 1st quarter, Holdings Channel.com reports. The firm owned 8,118,845 shares of the financial services provider’s stock after acquiring an additional 2,314,081 shares during the quarter. First Trust Advisors LP’s holdings in U.S. Bancorp were worth $422,261,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in USB. Norges Bank acquired a new stake in U.S. Bancorp during the fourth quarter worth approximately $1,887,497,000. Auto Owners Insurance Co boosted its holdings in shares of U.S. Bancorp by 5,236.0% in the 4th quarter. Auto Owners Insurance Co now owns 33,350,000 shares of the financial services provider’s stock valued at $1,779,556,000 after buying an additional 32,725,000 shares in the last quarter. Capital Research Global Investors purchased a new position in shares of U.S. Bancorp in the 4th quarter valued at $296,377,000. SG Americas Securities LLC grew its position in shares of U.S. Bancorp by 3,451.9% in the 4th quarter. SG Americas Securities LLC now owns 4,332,659 shares of the financial services provider’s stock valued at $231,191,000 after buying an additional 4,210,676 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD raised its stake in U.S. Bancorp by 20.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 24,919,079 shares of the financial services provider’s stock worth $1,329,683,000 after acquiring an additional 4,153,080 shares in the last quarter. 77.60% of the stock is currently owned by hedge funds and other institutional investors.

Key U.S. Bancorp News

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

Positive Sentiment: Evercore ISI upgraded U.S. Bancorp (USB) from in-line to outperform and set a $72 price target, pointing to meaningful upside from current levels. The Fly article
Positive Sentiment: JPMorgan raised U.S. Bancorp (USB) from underweight to neutral and increased its price target to $67.50, citing growth in fee revenue. Benzinga article
Positive Sentiment: Recent commentary highlighted U.S. Bancorp as a strong dividend stock, which may be supporting investor interest in the name. Zacks article
Neutral Sentiment: Several recent articles compared USB’s year-to-date performance with other financial stocks, suggesting the stock has been performing solidly relative to peers, but these pieces were mostly informational rather than clearly market-moving. MSN article

U.S. Bancorp Trading Up 0.9%

Shares of U.S. Bancorp stock opened at $63.69 on Wednesday. The firm has a market cap of $98.78 billion, a price-to-earnings ratio of 12.71, a price-to-earnings-growth ratio of 1.04 and a beta of 0.96. U.S. Bancorp has a 52-week low of $43.46 and a 52-week high of $64.84. The company’s 50-day simple moving average is $58.24 and its 200-day simple moving average is $56.22. The company has a quick ratio of 0.82, a current ratio of 0.83 and a debt-to-equity ratio of 0.96.

U.S. Bancorp (NYSE:USB – Get Free Report) last announced its quarterly earnings data on Thursday, July 16th. The financial services provider reported $1.35 EPS for the quarter, beating analysts’ consensus estimates of $1.28 by $0.07. U.S. Bancorp had a net margin of 18.49% and a return on equity of 13.69%. The firm had revenue of $7.71 billion during the quarter, compared to the consensus estimate of $7.58 billion. During the same quarter last year, the firm earned $1.11 earnings per share. As a group, equities research analysts anticipate that U.S. Bancorp will post 5.2 earnings per share for the current year.

U.S. Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend was Tuesday, June 30th. U.S. Bancorp’s dividend payout ratio (DPR) is currently 41.52%.

Wall Street Analysts Forecast Growth

USB has been the subject of a number of research reports. Keefe, Bruyette & Woods boosted their price target on shares of U.S. Bancorp from $63.00 to $66.00 and gave the company a “market perform” rating in a research report on Friday, July 17th. JPMorgan Chase & Co. upgraded U.S. Bancorp from an “underweight” rating to a “neutral” rating and lifted their target price for the stock from $65.00 to $67.50 in a research report on Monday. BTIG Research set a $67.50 target price on U.S. Bancorp in a report on Monday. UBS Group upped their target price on U.S. Bancorp from $58.00 to $66.00 and gave the company a “neutral” rating in a research report on Tuesday, July 7th. Finally, Oppenheimer raised their price target on U.S. Bancorp from $73.00 to $77.00 and gave the stock an “outperform” rating in a research note on Friday, July 17th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $67.00.

Get Our Latest Report on USB

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 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. 0.21% of the stock is currently owned by company insiders.

U.S. Bancorp Company Profile

(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.