OLD National Bancorp IN Acquires 83,100 Shares of U.S. Bancorp $USB

OLD National Bancorp IN grew its holdings in U.S. Bancorp (NYSE:USB) by 23.0% during the first quarter, Holdings Channel.com reports. The firm owned 443,687 shares of the financial services provider’s stock after acquiring an additional 83,100 shares during the quarter. OLD National Bancorp IN’s holdings in U.S. Bancorp were worth $23,076,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in USB. Clayton Financial Group LLC acquired a new stake in U.S. Bancorp in the 4th quarter valued at $25,000. Financial Life Planners acquired a new position in shares of U.S. Bancorp during the 3rd quarter worth about $25,000. Rossby Financial LCC boosted its stake in shares of U.S. Bancorp by 57.8% during the 4th quarter. Rossby Financial LCC now owns 579 shares of the financial services provider’s stock worth $31,000 after buying an additional 212 shares during the last quarter. JPL Wealth Management LLC bought a new position in shares of U.S. Bancorp in the 3rd quarter valued at about $28,000. Finally, Westfuller Advisors LLC grew its holdings in shares of U.S. Bancorp by 54.7% in the 4th quarter. Westfuller Advisors LLC now owns 608 shares of the financial services provider’s stock valued at $33,000 after acquiring an additional 215 shares in the last quarter. Institutional investors own 77.60% of the company’s stock.

Key Headlines Impacting U.S. Bancorp

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

• Positive Sentiment: U.S. Bancorp passed the Federal Reserve’s 2026 stress test and said its stress capital buffer would remain at the 2.5% floor, reinforcing confidence in the bank’s capital strength and resilience. U.S. Bancorp Comments on Dodd-Frank Act Stress Test Results
• Positive Sentiment: The bank declared a quarterly dividend of $0.52 per share, signaling steady shareholder returns and supporting investor sentiment around the stock. U.S. Bancorp (USB) Declares Quarterly Dividend of $0.52 per Share
• Positive Sentiment: U.S. Bancorp said it plans to raise its quarterly dividend after the stress test, which suggests management is comfortable with capital levels and sees room to return more cash to shareholders. US Bancorp Declares SCB & Plans Dividend Hike After 2026 Stress Test
• Positive Sentiment: Unusually heavy call-option buying points to bullish trading activity and rising near-term investor optimism in USB shares.
• Neutral Sentiment: U.S. Bancorp also commented on its DFAST results and strong capital position, but this largely reiterates the same stress-test message rather than adding a new stock-moving catalyst. U.S. Bancorp Comments on Dodd-Frank Act Stress Test Results
• Neutral Sentiment: A separate article on USB.PR.H highlighted the bank’s floating-rate preferred stock as a potential hedge against higher rates, which is more relevant to the preferred issue than to the common stock. USB.PR.H: Hedge Inflation And Interest Rate Risk With Floating Preferreds

U.S. Bancorp Stock Up 1.6%

Shares of USB stock opened at $61.08 on Friday. U.S. Bancorp has a 52-week low of $43.46 and a 52-week high of $61.88. The stock has a market cap of $94.74 billion, a price-to-earnings ratio of 12.80, a PEG ratio of 1.04 and a beta of 0.97. The firm’s 50-day moving average is $56.00 and its 200-day moving average is $55.15. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.81 and a current ratio of 0.81.

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

U.S. Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be paid a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 3.4%. The ex-dividend date is Tuesday, June 30th. U.S. Bancorp’s payout ratio is currently 43.61%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on USB. DA Davidson reaffirmed a “buy” rating and issued a $65.00 target price on shares of U.S. Bancorp in a research report on Friday, April 17th. JPMorgan Chase & Co. decreased their price target on U.S. Bancorp from $58.00 to $57.50 and set an “underweight” rating for the company in a research note on Thursday, April 30th. Barclays boosted their price target on U.S. Bancorp from $65.00 to $67.00 and gave the stock an “overweight” rating in a research report on Friday, April 17th. Oppenheimer upped their price objective on U.S. Bancorp from $73.00 to $74.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. Finally, Weiss Ratings raised U.S. Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $61.29.

Insider Activity at U.S. Bancorp

In related news, EVP Venkatachari Dilip sold 34,522 shares of the business’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 transaction of $1,916,661.44. Following the transaction, the executive vice president directly owned 51,292 shares of the company’s stock, valued at approximately $2,847,731.84. The trade was a 40.23% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 completion of the sale, the insider owned 207,251 shares in the company, valued at approximately $11,813,307. This trade represents a 16.18% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.21% of the company’s stock.

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.