U.S. Bancorp (NYSE:USB) Price Target Raised to $74.00

Posted by Geri Gentry on Nov 5th, 2026

U.S. Bancorp (NYSE:USB – Free Report) had its target price increased by Oppenheimer from $73.00 to $74.00 in a research note released on Monday,Benzinga reports. Oppenheimer currently has an outperform rating on the financial services provider’s stock.

USB has been the topic of a number of other research reports. Wolfe Research assumed coverage on U.S. Bancorp in a research report on Tuesday, October 27th. They set a “peer perform” rating on the stock. The Goldman Sachs Group restated a “neutral” rating on shares of U.S. Bancorp in a report on Thursday, October 15th. JPMorgan Chase & Co. upped their price objective on shares of U.S. Bancorp from $65.00 to $65.50 and gave the stock a “neutral” rating in a research note on Friday, October 30th. Raymond James Financial lowered their price objective on shares of U.S. Bancorp from $74.00 to $72.00 and set a “strong-buy” rating for the company in a research note on Tuesday, October 6th. Finally, CLSA set a $67.50 target price on shares of U.S. Bancorp in a report on Monday, July 20th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued 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 an average price target of $69.36.

View Our Latest Stock Report on U.S. Bancorp

U.S. Bancorp Stock Up 1.9%

NYSE:USB opened at $61.05 on Monday. The company has a market cap of $95.11 billion, a price-to-earnings ratio of 11.67, a price-to-earnings-growth ratio of 1.14 and a beta of 1.02. U.S. Bancorp has a twelve month low of $45.02 and a twelve month high of $66.07. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.87. The stock has a fifty day simple moving average of $59.77 and a 200-day simple moving average of $58.13.

U.S. Bancorp (NYSE:USB – Get Free Report) last posted its quarterly earnings results on Thursday, October 15th. The financial services provider reported $1.34 EPS for the quarter, topping the consensus estimate 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 company had revenue of $8.04 billion for the quarter, compared to the consensus estimate of $8 billion. During the same quarter last year, the firm posted $1.22 EPS. The firm’s revenue was up 8.7% compared to the same quarter last year. Analysts anticipate that U.S. Bancorp will post 5.30 EPS for the current year.

U.S. Bancorp Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were issued a $0.54 dividend. This is a boost from U.S. Bancorp’s previous quarterly dividend of $0.52. This represents a $2.16 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend was Wednesday, September 30th. U.S. Bancorp’s dividend payout ratio is 42.11%.

Insider Buying and Selling at U.S. Bancorp

In other news, CEO Gunjan Kedia sold 27,267 shares of the business’s stock in a transaction dated 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 sale, the chief executive officer owned 426,262 shares in the company, valued at approximately $26,585,960.94. The trade was a 6.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.21% of the company’s stock.

Hedge Funds Weigh In On U.S. Bancorp

Several hedge funds have recently made changes to their positions in USB. Dimensional Fund Advisors LP lifted its position in shares of U.S. Bancorp by 0.9% during 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 purchasing an additional 93,025 shares in the last quarter. Mufg Bank LTD. acquired a new stake in U.S. Bancorp during the 2nd quarter valued at $2,680,199,000. Illinois Municipal Retirement Fund grew its holdings in U.S. Bancorp by 57.1% during the 1st quarter. Illinois Municipal Retirement Fund now owns 92,257 shares of the financial services provider’s stock valued at $4,798,000 after purchasing an additional 33,517 shares in the last quarter. First Bank & Trust grew its holdings in U.S. Bancorp by 43.0% during the 3rd quarter. First Bank & Trust now owns 133,794 shares of the financial services provider’s stock valued at $7,728,000 after purchasing an additional 40,208 shares in the last quarter. Finally, Cardinal Capital Management Inc. grew its holdings in U.S. Bancorp by 5.4% during the 2nd quarter. Cardinal Capital Management Inc. now owns 326,565 shares of the financial services provider’s stock valued at $19,725,000 after purchasing an additional 16,814 shares in the last quarter. 77.60% of the stock is owned by institutional investors and hedge funds.

U.S. Bancorp Company Profile

(Get 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.