Midwest Trust Co Raises Position in U.S. Bancorp $USB

Midwest Trust Co grew its holdings in U.S. Bancorp (NYSE:USB) by 2.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 401,070 shares of the financial services provider’s stock after acquiring an additional 10,722 shares during the period. Midwest Trust Co’s holdings in U.S. Bancorp were worth $20,860,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Norges Bank acquired a new position in U.S. Bancorp during the 4th quarter worth $1,887,497,000. Auto Owners Insurance Co raised its position in 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 purchasing 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 about $296,377,000. SG Americas Securities LLC boosted its stake 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 period. Finally, Price T Rowe Associates Inc. MD grew its position in shares of U.S. Bancorp by 20.0% during the fourth 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 buying an additional 4,153,080 shares in the last quarter. 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, insider Jodi L. Richard sold 40,000 shares of the stock in a transaction on Tuesday, April 21st. The shares were sold at an average price of $57.00, for a total value of $2,280,000.00. Following the transaction, the insider directly owned 207,251 shares of the company’s stock, valued at $11,813,307. This trade represents a 16.18% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Venkatachari Dilip sold 34,522 shares of U.S. Bancorp 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 sale, the executive vice president owned 51,292 shares in the company, valued at $2,847,731.84. This represents a 40.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.21% of the company’s stock.

U.S. Bancorp Stock Up 1.0%

Shares of NYSE USB traded up $0.59 during midday trading on Friday, hitting $62.49. 6,421,100 shares of the company’s stock were exchanged, compared to its average volume of 8,819,863. The firm’s fifty day simple moving average is $57.18 and its 200-day simple moving average is $55.79. The company has a market cap of $96.93 billion, a PE ratio of 13.10, a P/E/G ratio of 1.07 and a beta of 0.96. U.S. Bancorp has a twelve month low of $43.46 and a twelve month high of $63.39. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.81 and a quick ratio of 0.81.

U.S. Bancorp (NYSE:USB) last announced its quarterly earnings results on Thursday, April 16th. The financial services provider reported $1.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.14 by $0.04. The firm had revenue of $7.32 billion during the quarter, compared to the consensus estimate of $7.27 billion. U.S. Bancorp had a return on equity of 13.55% and a net margin of 18.01%.The firm’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the company posted $1.03 earnings per share. Research analysts predict that U.S. Bancorp will post 5.11 EPS for the current fiscal year.

U.S. Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a $0.52 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $2.08 annualized dividend and a dividend yield of 3.3%. U.S. Bancorp’s dividend payout ratio is presently 43.61%.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on USB. JPMorgan Chase & Co. raised their target price on shares of U.S. Bancorp from $57.50 to $65.00 and gave the company an “underweight” rating in a report on Monday, July 6th. Oppenheimer lowered their price target on shares of U.S. Bancorp from $74.00 to $73.00 and set an “outperform” rating for the company in a report on Tuesday, June 30th. Wells Fargo & Company increased their price objective on shares of U.S. Bancorp from $62.00 to $66.00 and gave the company an “overweight” rating in a research report on Monday, July 6th. DA Davidson restated a “buy” rating and issued a $65.00 price objective on shares of U.S. Bancorp in a report on Friday, April 17th. Finally, Wall Street Zen raised shares of U.S. Bancorp from a “sell” rating to a “hold” rating in a research report on Monday, July 6th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $64.31.

Key U.S. Bancorp News

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

• Positive Sentiment: Several recent articles highlight U.S. Bancorp as a potential momentum and value opportunity, suggesting improving market sentiment around the stock. Here’s Why U.S. Bancorp (USB) is a Great Momentum Stock to Buy
• Positive Sentiment: Analysts expect U.S. Bancorp to post earnings growth in its upcoming quarterly report, and some coverage says it has the ingredients for a possible earnings beat. U.S. Bancorp (USB) Earnings Expected to Grow: Should You Buy?
• Neutral Sentiment: U.S. Bancorp was mentioned in a broader article about financial stocks and upcoming bank earnings, which keeps attention on the sector but does not directly change USB’s fundamentals. TSMC, ASML Kick Off Semiconductor Earnings; Goldman Sachs, JPMorgan In Financial Parade
• Neutral Sentiment: A proposed bill on bank net operating loss rules could affect USB’s long-term tax planning if enacted, but it is still early-stage legislation and not an immediate driver. New Bill: Representative Mike Carey introduces H.R. 9383: Small Business and Consumer Credit Act of 2026

About U.S. Bancorp

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.