Principal Financial Group Inc. Grows Position in U.S. Bancorp $USB

Principal Financial Group Inc. lifted its stake in shares of U.S. Bancorp (NYSE:USB) by 2.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,769,589 shares of the financial services provider’s stock after acquiring an additional 49,733 shares during the period. Principal Financial Group Inc.’s holdings in U.S. Bancorp were worth $94,425,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Citigroup Inc. lifted its stake in shares of U.S. Bancorp by 2.4% during the 3rd quarter. Citigroup Inc. now owns 1,749,812 shares of the financial services provider’s stock worth $84,568,000 after purchasing an additional 41,803 shares during the period. Jones Financial Companies Lllp grew its position in shares of U.S. Bancorp by 15.3% in the third quarter. Jones Financial Companies Lllp now owns 358,972 shares of the financial services provider’s stock valued at $17,738,000 after purchasing an additional 47,537 shares during the period. Danske Bank A S purchased a new position in U.S. Bancorp during the third quarter worth about $37,162,000. Roman Butler Fullerton & Co. purchased a new position in U.S. Bancorp during the third quarter worth about $893,000. Finally, Nordea Investment Management AB boosted its stake in U.S. Bancorp by 15.3% in the 4th quarter. Nordea Investment Management AB now owns 2,690,174 shares of the financial services provider’s stock worth $144,462,000 after buying an additional 357,300 shares during the last quarter. Institutional investors and hedge funds own 77.60% of the company’s stock.

Insider Activity at U.S. Bancorp

In related news, insider Jodi L. Richard sold 40,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 21st. The stock was sold at an average price of $57.00, for a total transaction of $2,280,000.00. Following the transaction, the insider directly owned 207,251 shares of the company’s stock, valued at approximately $11,813,307. The trade was a 16.18% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Venkatachari Dilip sold 34,522 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $55.52, for a total value of $1,916,661.44. Following the completion of the transaction, the executive vice president owned 51,292 shares of the company’s stock, valued at approximately $2,847,731.84. This represents a 40.23% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 106,717 shares of company stock worth $6,149,288. 0.21% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on USB. Barclays upped their price objective on shares of U.S. Bancorp from $65.00 to $67.00 and gave the company an “overweight” rating in a research note on Friday, April 17th. Weiss Ratings upgraded shares of U.S. Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday. Oppenheimer upped their price target on shares of U.S. Bancorp from $73.00 to $74.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. Argus lifted their price target on shares of U.S. Bancorp from $62.00 to $63.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Finally, Truist Financial lowered 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. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $61.20.

U.S. Bancorp Price Performance

U.S. Bancorp stock opened at $56.19 on Thursday. The firm has a fifty day moving average of $54.05 and a 200-day moving average of $53.10. U.S. Bancorp has a 52-week low of $41.13 and a 52-week high of $61.19. 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 firm has a market capitalization of $87.22 billion, a P/E ratio of 11.78, a PEG ratio of 1.00 and a beta of 1.00.

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 for the quarter, topping analysts’ consensus estimates of $1.14 by $0.04. U.S. Bancorp had a net margin of 18.01% and a return on equity of 13.55%. The firm had revenue of $7.32 billion during the quarter, compared to analysts’ expectations of $7.27 billion. During the same period in the prior year, the company earned $1.03 EPS. The firm’s revenue was up 4.7% on a year-over-year basis. As a group, analysts predict that U.S. Bancorp will post 5.09 EPS for the current year.

U.S. Bancorp Announces Dividend

The business also recently announced 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 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 (DPR) is 43.61%.

Trending Headlines about U.S. Bancorp

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

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.