Meritage Portfolio Management Increases Stake in U.S. Bancorp $USB

Meritage Portfolio Management boosted its stake in U.S. Bancorp (NYSE:USB) by 25.8% in the third quarter, Holdings Channel.com reports. The firm owned 129,480 shares of the financial services provider’s stock after acquiring an additional 26,530 shares during the quarter. Meritage Portfolio Management’s holdings in U.S. Bancorp were worth $6,258,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Parcion Private Wealth LLC boosted its holdings in shares of U.S. Bancorp by 0.4% in the 3rd quarter. Parcion Private Wealth LLC now owns 53,412 shares of the financial services provider’s stock valued at $2,581,000 after purchasing an additional 218 shares during the last quarter. Curbstone Financial Management Corp boosted its holdings in U.S. Bancorp by 0.6% in the second quarter. Curbstone Financial Management Corp now owns 39,982 shares of the financial services provider’s stock valued at $1,809,000 after acquiring an additional 222 shares during the last quarter. Bogart Wealth LLC boosted its holdings in U.S. Bancorp by 4.4% in the third quarter. Bogart Wealth LLC now owns 5,507 shares of the financial services provider’s stock valued at $266,000 after acquiring an additional 234 shares during the last quarter. Hoxton Planning & Management LLC grew its position in U.S. Bancorp by 3.4% during the third quarter. Hoxton Planning & Management LLC now owns 7,021 shares of the financial services provider’s stock valued at $339,000 after acquiring an additional 234 shares during the period. Finally, Allen Mooney & Barnes Investment Advisors LLC increased its stake in U.S. Bancorp by 0.5% during the third quarter. Allen Mooney & Barnes Investment Advisors LLC now owns 43,289 shares of the financial services provider’s stock worth $2,092,000 after acquiring an additional 235 shares during the last quarter. Institutional investors and hedge funds own 77.60% of the company’s stock.

Insider Transactions at U.S. Bancorp

In other U.S. Bancorp news, EVP James L. Chosy sold 26,909 shares of U.S. Bancorp stock in a transaction that occurred on Monday, October 20th. The stock was sold at an average price of $46.86, for a total transaction of $1,260,955.74. Following the sale, the executive vice president directly owned 226,375 shares in the company, valued at $10,607,932.50. The trade was a 10.62% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Andrew Cecere sold 140,445 shares of the company’s stock in a transaction that occurred on Monday, October 20th. The shares were sold at an average price of $46.34, for a total value of $6,508,221.30. Following the completion of the transaction, the chairman directly owned 1,360,414 shares in the company, valued at approximately $63,041,584.76. The trade was a 9.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.23% of the stock is currently owned by insiders.

U.S. Bancorp Trading Down 1.1%

NYSE USB opened at $53.46 on Thursday. The stock has a market cap of $83.10 billion, a P/E ratio of 12.23, a PEG ratio of 0.94 and a beta of 1.07. The company’s fifty day simple moving average is $51.51 and its 200-day simple moving average is $48.72. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 1.10. U.S. Bancorp has a 52 week low of $35.18 and a 52 week high of $56.19.

U.S. Bancorp (NYSE:USB) last released its quarterly earnings results on Thursday, October 16th. The financial services provider reported $1.22 earnings per share for the quarter, beating analysts’ consensus estimates of $1.11 by $0.11. U.S. Bancorp had a net margin of 16.89% and a return on equity of 13.34%. The business had revenue of $7.34 billion during the quarter, compared to analyst estimates of $7.17 billion. During the same period last year, the business earned $1.03 EPS. The business’s revenue was up 6.8% on a year-over-year basis. Equities research analysts predict that U.S. Bancorp will post 4.38 EPS for the current fiscal year.

U.S. Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be given a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend is Wednesday, December 31st. U.S. Bancorp’s payout ratio is presently 47.60%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on USB shares. UBS Group lifted their price objective on U.S. Bancorp from $49.00 to $50.00 and gave the company a “neutral” rating in a research note on Tuesday, October 7th. Morgan Stanley reaffirmed a “positive” rating on shares of U.S. Bancorp in a research report on Friday, October 17th. Weiss Ratings reissued a “buy (b-)” rating on shares of U.S. Bancorp in a research report on Wednesday, October 8th. Keefe, Bruyette & Woods raised their target price on shares of U.S. Bancorp from $53.00 to $58.00 and gave the company a “market perform” rating in a research note on Wednesday, December 17th. Finally, Wells Fargo & Company upped their price target on shares of U.S. Bancorp from $50.00 to $52.00 and gave the stock an “overweight” rating in a research report on Friday, October 17th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $56.30.

More U.S. Bancorp News

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

• Positive Sentiment: Announced acquisition of BTIG (investment banking, sales & trading, research, prime brokerage) to accelerate its capital‑markets push — expands fee businesses and underwriting/trading capabilities that can lift revenue and diversify earnings. Read More.
• Positive Sentiment: Analysts and previews expect continuing earnings growth for Q4 2025 and suggest USB could post another beat, supporting longer‑term earnings momentum. Read More.
• Positive Sentiment: Broker upgrade/buy calls (e.g., HSBC) underline analyst conviction that the stock can re-rate as growth and capital‑markets benefits materialize. Read More.
• Neutral Sentiment: Coverage and commentary emphasize strategy rationale and expected capabilities from BTIG — important for medium-term thesis but not an immediate earnings certainty. Read More.
• Neutral Sentiment: Fundamentals remain mixed: USB trades above its 50‑ and 200‑day moving averages and carries a mid‑teens net margin profile, so market reaction will hinge on deal financing and Q4 results.
• Negative Sentiment: The BTIG deal is up to $1B in cash and stock — sizable near‑term cash outflow and potential share issuance or dilution, plus integration and revenue synergies that may take time to realize. Read More.
• Negative Sentiment: Some analysis questions whether USB’s current pricing fully reflects excess returns and sector headwinds; investors may be taking profits into earnings and deal uncertainty. Read More.

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.