U.S. Bancorp $USB Shares Sold by Professional Advisory Services Inc.

Posted by George Bondi on Aug 8th, 2026

U.S. Bancorp logo Professional Advisory Services Inc. cut its holdings in shares of U.S. Bancorp (NYSE:USB – Free Report) by 3.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 403,988 shares of the financial services provider’s stock after selling 15,507 shares during the period. U.S. Bancorp accounts for about 2.9% of Professional Advisory Services Inc.’s holdings, making the stock its 19th biggest position. Professional Advisory Services Inc.’s holdings in U.S. Bancorp were worth $24,401,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of USB. Financial Life Planners purchased a new stake in shares of U.S. Bancorp in the first quarter valued at about $27,000. Main Street Group LTD purchased a new position in shares of U.S. Bancorp during the first quarter worth about $28,000. JPL Wealth Management LLC acquired a new position in U.S. Bancorp in the 3rd quarter valued at about $28,000. Binnacle Investments Inc raised its stake in U.S. Bancorp by 77.8% during the 3rd quarter. Binnacle Investments Inc now owns 624 shares of the financial services provider’s stock valued at $30,000 after acquiring an additional 273 shares during the last quarter. Finally, NFSG Corp acquired a new stake in U.S. Bancorp during the 1st quarter worth approximately $31,000. Hedge funds and other institutional investors own 77.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Oppenheimer boosted their target price on U.S. Bancorp from $73.00 to $77.00 and gave the company an “outperform” rating in a report on Friday, July 17th. DA Davidson upped their price objective on shares of U.S. Bancorp from $72.00 to $74.00 and gave the stock a “buy” rating in a research report on Friday, July 17th. Citigroup restated a “buy” rating on shares of U.S. Bancorp in a research note on Tuesday, July 21st. Evercore upgraded shares of U.S. Bancorp from an “in-line” rating to an “outperform” rating and set a $72.00 price objective for the company in a research report on Monday, July 20th. Finally, Wells Fargo & Company boosted their target price on U.S. Bancorp from $66.00 to $69.00 and gave the stock an “overweight” rating in a research report on Friday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $67.06.

View Our Latest Report on USB

Insider Activity at U.S. Bancorp

In related news, insider Stephen L. Philipson sold 36,906 shares of the stock in a transaction dated Monday, July 20th. The shares were sold at an average price of $63.08, for a total value of $2,328,030.48. Following the sale, the insider directly owned 74,969 shares of the company’s stock, valued at approximately $4,729,044.52. This represents a 32.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.21% of the stock is owned by corporate insiders.

U.S. Bancorp Stock Performance

USB opened at $63.90 on Friday. U.S. Bancorp has a 1-year low of $44.15 and a 1-year high of $65.02. The stock has a market cap of $99.11 billion, a P/E ratio of 12.75, a P/E/G ratio of 1.05 and a beta of 0.96. The stock’s 50 day simple moving average is $60.73 and its 200 day simple moving average is $57.04. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.83 and a quick ratio of 0.82.

U.S. Bancorp (NYSE:USB – Get Free Report) last posted its earnings results on Thursday, July 16th. The financial services provider reported $1.35 EPS for the quarter, topping analysts’ consensus estimates of $1.28 by $0.07. The company had revenue of $7.69 billion for the quarter, compared to the consensus estimate of $7.58 billion. U.S. Bancorp had a return on equity of 13.69% and a net margin of 18.49%.During the same period in the previous year, the business earned $1.11 earnings per share. As a group, equities analysts anticipate that U.S. Bancorp will post 5.22 EPS for the current fiscal year.

U.S. Bancorp Dividend Announcement

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

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.