U.S. Bancorp $USB Shares Acquired by Vest Financial LLC

Posted by Stanley Muller on Oct 22nd, 2026

U.S. Bancorp logo Vest Financial LLC grew its position in U.S. Bancorp (NYSE:USB – Free Report) by 42.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,342,173 shares of the financial services provider’s stock after purchasing an additional 397,672 shares during the period. U.S. Bancorp makes up approximately 0.8% of Vest Financial LLC’s holdings, making the stock its 27th largest holding. Vest Financial LLC owned approximately 0.09% of U.S. Bancorp worth $77,524,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Mufg Bank LTD. purchased a new position in U.S. Bancorp in the second quarter valued at about $2,680,199,000. Bank of America Corp DE lifted its stake in shares of U.S. Bancorp by 6.9% during the first quarter. Bank of America Corp DE now owns 15,820,033 shares of the financial services provider’s stock worth $822,800,000 after purchasing an additional 1,022,898 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of U.S. Bancorp by 0.9% in the first quarter. Dimensional Fund Advisors LP now owns 10,369,212 shares of the financial services provider’s stock worth $539,232,000 after buying an additional 93,025 shares during the period. Bank of New York Mellon Corp purchased a new stake in shares of U.S. Bancorp in the second quarter worth about $536,457,000. Finally, First Trust Advisors LP boosted its position in shares of U.S. Bancorp by 39.9% in the first quarter. First Trust Advisors LP now owns 8,118,845 shares of the financial services provider’s stock worth $422,261,000 after buying an additional 2,314,081 shares during the period. Hedge funds and other institutional investors own 77.60% of the company’s stock.

Insider Buying and Selling at U.S. Bancorp

In related news, CEO Gunjan Kedia sold 27,267 shares of the firm’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $62.37, for a total value of $1,700,642.79. Following the sale, the chief executive officer 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 position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.21% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on USB shares. JPMorgan Chase & Co. decreased their target price on shares of U.S. Bancorp from $69.00 to $65.00 and set a “neutral” rating for the company in a research note on Friday, October 2nd. Truist Financial lowered their price objective on U.S. Bancorp from $69.00 to $67.00 and set a “buy” rating for the company in a report on Thursday, October 1st. Morgan Stanley set a $68.00 price objective on U.S. Bancorp in a research note on Friday, October 16th. Royal Bank Of Canada reduced their target price on U.S. Bancorp from $68.00 to $65.00 and set an “outperform” rating on the stock in a report on Friday, October 16th. Finally, UBS Group lowered their price target on U.S. Bancorp from $66.00 to $64.00 and set a “neutral” rating for the company in a report on Monday, October 5th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $68.43.

Get Our Latest Analysis on USB

U.S. Bancorp Trading Down 0.0%

U.S. Bancorp stock opened at $59.08 on Thursday. U.S. Bancorp has a 1 year low of $45.02 and a 1 year high of $66.07. The firm’s 50-day moving average is $60.47 and its 200-day moving average is $59.20. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.83 and a current ratio of 0.83. The company has a market cap of $92.04 billion, a P/E ratio of 11.52, a PEG ratio of 1.13 and a beta of 1.00.

U.S. Bancorp (NYSE:USB – Get Free Report) last announced its quarterly earnings data on Thursday, October 15th. The financial services provider reported $1.34 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $0.02. U.S. Bancorp had a net margin of 18.85% and a return on equity of 13.85%. The business had revenue of $8.04 billion during the quarter, compared to the consensus estimate of $8 billion. During the same quarter in the prior year, the firm earned $1.22 EPS. The company’s revenue for the quarter was up 8.7% compared to the same quarter last year. On average, equities analysts expect that U.S. Bancorp will post 5.29 earnings per share for the current year.

U.S. Bancorp Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were given a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Wednesday, September 30th. This is a positive change from U.S. Bancorp’s previous quarterly dividend of $0.52. U.S. Bancorp’s payout ratio is currently 42.11%.

U.S. Bancorp Profile

(Free Report)

U.S. Bancorp (NYSE: USB) is a financial services holding company headquartered in Minneapolis, Minnesota, and the parent company of U.S. Bank National Association. U.S. Bank provides banking, lending, payment, investment and wealth-management services to individuals, businesses, institutions and government entities.

The company’s consumer and business banking operations offer deposit accounts, mortgages, home-equity and consumer loans, credit cards, small-business banking and commercial lending.