National Pension Service Has $246.05 Million Stock Holdings in U.S. Bancorp $USB

Posted by George Bondi on Sep 11th, 2026

U.S. Bancorp logo National Pension Service boosted its position in U.S. Bancorp (NYSE:USB – Free Report) by 1.6% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 4,073,695 shares of the financial services provider’s stock after acquiring an additional 62,925 shares during the quarter. National Pension Service’s holdings in U.S. Bancorp were worth $246,051,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC grew its position in U.S. Bancorp by 323.0% in the 4th quarter. Brighton Jones LLC now owns 48,274 shares of the financial services provider’s stock valued at $2,309,000 after purchasing an additional 36,863 shares during the period. Empowered Funds LLC raised its holdings in U.S. Bancorp by 2.1% during the first quarter. Empowered Funds LLC now owns 34,411 shares of the financial services provider’s stock worth $1,453,000 after buying an additional 714 shares during the last quarter. Intech Investment Management LLC raised its holdings in U.S. Bancorp by 18.9% during the first quarter. Intech Investment Management LLC now owns 39,276 shares of the financial services provider’s stock worth $1,658,000 after buying an additional 6,252 shares during the last quarter. Sivia Capital Partners LLC bought a new position in shares of U.S. Bancorp in the second quarter valued at $425,000. Finally, Nebula Research & Development LLC bought a new position in shares of U.S. Bancorp in the second quarter valued at $701,000. 77.60% of the stock is owned by institutional investors and hedge funds.

Insider Activity at U.S. Bancorp

In related news, CEO Gunjan Kedia sold 27,267 shares of the stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $62.37, for a total transaction of $1,700,642.79. Following the completion of the sale, the chief executive officer directly owned 426,262 shares of the company’s stock, valued at approximately $26,585,960.94. This trade represents a 6.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Stephen L. Philipson sold 36,906 shares of U.S. Bancorp stock in a transaction on Monday, July 20th. The stock was sold at an average price of $63.08, for a total value of $2,328,030.48. Following the sale, the insider owned 74,969 shares in the company, valued at $4,729,044.52. This trade represents a 32.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.21% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Raymond James Financial initiated coverage on shares of U.S. Bancorp in a research report on Wednesday, July 8th. They set a “strong-buy” rating and a $72.00 target price for the company. Jefferies Financial Group raised shares of U.S. Bancorp from a “hold” rating to a “buy” rating and raised their price target for the company from $60.00 to $75.00 in a research report on Monday, July 6th. BTIG Research set a $67.50 price target on U.S. Bancorp in a research note on Monday, July 20th. Wall Street Zen raised U.S. Bancorp from a “sell” rating to a “hold” rating in a report on Monday, July 6th. Finally, UBS Group increased their price objective on U.S. Bancorp from $58.00 to $66.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $67.06.

Read Our Latest Stock Report on USB

U.S. Bancorp Stock Performance

NYSE USB opened at $62.39 on Friday. The company has a fifty day moving average price of $63.17 and a 200-day moving average price of $57.99. The firm has a market cap of $97.20 billion, a price-to-earnings ratio of 12.45, a PEG ratio of 1.10 and a beta of 0.95. 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 has a 1 year low of $45.02 and a 1 year high of $66.07.

U.S. Bancorp (NYSE:USB – Get Free Report) last released its quarterly earnings results on Thursday, July 16th. The financial services provider reported $1.35 earnings per share 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 company had revenue of $7.69 billion for the quarter, compared to analyst estimates of $7.58 billion. During the same period last year, the firm earned $1.11 earnings per share. As a group, equities research analysts predict that U.S. Bancorp will post 5.22 EPS for the current fiscal year.

U.S. Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be paid a $0.54 dividend. This is a positive change from U.S. Bancorp’s previous quarterly dividend of $0.52. The ex-dividend date is Wednesday, September 30th. This represents a $2.16 annualized dividend and a yield of 3.5%. U.S. Bancorp’s dividend payout ratio (DPR) is 41.52%.

U.S. Bancorp Profile

(Free Report)

U.S. Bancorp (NYSE:USB) is a financial services holding company and the parent organization of U.S. Bank, a full-service commercial bank. The company provides deposit accounts, consumer and business loans, mortgages, credit and debit cards, payment services, and other banking products to individuals, businesses, institutions and government entities.

Through its wealth, corporate and commercial banking operations, U.S. Bancorp also offers investment management, trust and custody services, treasury management, capital markets support, equipment finance and other specialized financial solutions.