Mitsubishi UFJ Asset Management Co. Ltd. Boosts Holdings in U.S. Bancorp $USB

Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of U.S. Bancorp (NYSE:USB) by 4.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,258,573 shares of the financial services provider’s stock after purchasing an additional 145,231 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in U.S. Bancorp were worth $175,735,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. SG Americas Securities LLC boosted its position in U.S. Bancorp by 3,451.9% during 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 acquiring an additional 4,210,676 shares in the last quarter. Davis Selected Advisers lifted its holdings in shares of U.S. Bancorp by 13.4% during the fourth quarter. Davis Selected Advisers now owns 22,041,759 shares of the financial services provider’s stock valued at $1,176,148,000 after purchasing an additional 2,610,197 shares during the last quarter. AQR Capital Management LLC increased its position in U.S. Bancorp by 354.5% during the 2nd quarter. AQR Capital Management LLC now owns 2,855,350 shares of the financial services provider’s stock valued at $129,205,000 after buying an additional 2,227,103 shares in the last quarter. Vanguard Group Inc. raised its stake in U.S. Bancorp by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 146,376,783 shares of the financial services provider’s stock valued at $7,810,665,000 after buying an additional 1,828,404 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC raised its stake in U.S. Bancorp by 16.4% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 11,598,572 shares of the financial services provider’s stock valued at $560,559,000 after buying an additional 1,631,550 shares during the last quarter. 77.60% of the stock is owned by institutional investors.

U.S. Bancorp News Summary

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

• Positive Sentiment: Wall Street analysts and market commentators remain constructive — several outlets compiled recent analyst target prices and maintained a measuredly optimistic outlook, supporting demand for the shares. What are Wall Street analysts’ target price for US Bancorp stock?
• Positive Sentiment: Momentum-focused research (Zacks and other pieces) highlights USB as a long-term momentum name based on style scores and recent performance, which attracts trend-following and quantitative funds. Why U.S. Bancorp (USB) is a Top Momentum Stock for the Long-Term
• Positive Sentiment: Valuation write-ups argue USB still shows modest upside after a strong one‑year gain, keeping value-oriented investors engaged. Is U.S. Bancorp (USB) Still Attractive After A 41.4% One-Year Share Price Gain
• Positive Sentiment: CEO interviews (WSJ event and other profiles) reinforce management’s strategy on marketing, technology and AI adoption — narratives that can bolster investor confidence in execution and growth prospects. US Bank CEO on AI Popularity in the Workforce
• Neutral Sentiment: MarketWatch notes the stock rose on Wednesday but still underperformed the broader market, a reminder traders are balancing sector rotation and macro factors. U.S. Bancorp stock rises Wednesday, still underperforms market
• Neutral Sentiment: U.S. Bank’s CFO Insights Report highlights CFOs’ focus on cost control and dealmaking — macro guidance that affects banks broadly but doesn’t single out USB. U.S. Bank CFO Survey: Geopolitics and Inflation Rise on the Risk Agenda, but CFOs Keep Moving on Growth, Deals
• Neutral Sentiment: Industry data (U.S. Bank Freight Payment Index) shows higher shipping costs and mixed volumes — relevant for loan and payments exposure but not an immediate USB-specific catalyst. U.S. Bank Freight Payment Index: Shipper Spending Surges Amid Modest Freight Volumes
• Negative Sentiment: An executive insider sale: EVP Venkatachari Dilip sold 34,522 shares (~$1.92M at ~$55.52), reducing his ownership ~40% — a near-term negative signal that some investors may interpret as caution by insiders. SEC filing: SEC Filing – Insider Sale

Analysts Set New Price Targets

A number of equities research analysts have recently commented on USB shares. JPMorgan Chase & Co. cut their target price on U.S. Bancorp from $58.00 to $57.50 and set an “underweight” rating on the stock in a research note on Thursday, April 30th. Evercore upped their price target on shares of U.S. Bancorp from $60.00 to $65.00 and gave the stock an “in-line” rating in a research note on Thursday, February 5th. Wolfe Research downgraded shares of U.S. Bancorp from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, January 7th. Truist Financial reduced their price objective on shares of U.S. Bancorp from $63.00 to $62.00 and set a “buy” rating for the company in a research note on Friday, April 17th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a $60.00 target price on shares of U.S. Bancorp in a report on Thursday, April 16th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $61.20.

Insider Activity

In other U.S. Bancorp news, insider Mark G. Runkel sold 32,195 shares of the stock in a transaction on Friday, February 6th. The stock was sold at an average price of $60.65, for a total value of $1,952,626.75. Following the completion of the sale, the insider owned 97,728 shares in the company, valued at approximately $5,927,203.20. This represents a 24.78% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Venkatachari Dilip sold 34,522 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $55.52, for a total value of $1,916,661.44. Following the sale, the executive vice president directly owned 51,292 shares in the company, valued at approximately $2,847,731.84. This represents a 40.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 106,717 shares of company stock worth $6,149,288 in the last three months. Company insiders own 0.21% of the company’s stock.

U.S. Bancorp Trading Up 1.1%

U.S. Bancorp stock opened at $56.19 on Thursday. U.S. Bancorp has a 52-week low of $41.13 and a 52-week high of $61.19. The company has a market cap of $87.22 billion, a P/E ratio of 11.78, a P/E/G ratio of 1.00 and a beta of 1.00. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 1.03. The business has a 50-day simple moving average of $54.05 and a two-hundred day simple moving average of $53.10.

U.S. Bancorp (NYSE:USB) last posted its quarterly earnings data on Thursday, April 16th. The financial services provider reported $1.18 earnings per share for the quarter, beating analysts’ consensus estimates of $1.14 by $0.04. U.S. Bancorp had a return on equity of 13.55% and a net margin of 18.01%.The firm had revenue of $7.32 billion for the quarter, compared to analysts’ expectations of $7.27 billion. During the same period in the previous year, the firm earned $1.03 EPS. The business’s quarterly revenue was up 4.7% on a year-over-year basis. Analysts predict that U.S. Bancorp will post 5.09 EPS for the current year.

U.S. Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were paid a $0.52 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.7%. U.S. Bancorp’s dividend payout ratio is 43.61%.

U.S. Bancorp Profile

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.