U.S. Bancorp (NYSE:USB) Stock Price Expected to Rise, Keefe, Bruyette & Woods Analyst Says

U.S. Bancorp (NYSE:USB) had its price target raised by equities research analysts at Keefe, Bruyette & Woods from $63.00 to $66.00 in a report released on Friday,Benzinga reports. The firm presently has a “market perform” rating on the financial services provider’s stock. Keefe, Bruyette & Woods’ price target indicates a potential upside of 2.68% from the stock’s previous close.

Other research analysts have also issued reports about the stock. UBS Group raised their target price on shares of U.S. Bancorp from $58.00 to $66.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 7th. Stephens set a $67.00 price target on U.S. Bancorp in a research report on Friday. Robert W. Baird increased their price target on U.S. Bancorp from $64.00 to $68.00 and gave the company a “neutral” rating in a report on Friday. Oppenheimer reduced their price objective on U.S. Bancorp from $74.00 to $73.00 and set an “outperform” rating on the stock in a research report on Tuesday, June 30th. Finally, Wells Fargo & Company boosted their price objective on U.S. Bancorp from $66.00 to $69.00 and gave the stock an “overweight” rating in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $66.34.

U.S. Bancorp Price Performance

Shares of NYSE USB traded up $0.27 during mid-day trading on Friday, reaching $64.28. The company’s stock had a trading volume of 2,740,611 shares, compared to its average volume of 9,984,229. The stock has a 50-day moving average of $57.74 and a two-hundred day moving average of $56.03. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.81 and a current ratio of 0.81. The stock has a market capitalization of $99.70 billion, a P/E ratio of 13.46, a P/E/G ratio of 1.08 and a beta of 0.96. U.S. Bancorp has a 1-year low of $43.46 and a 1-year high of $64.84.

U.S. Bancorp (NYSE:USB) last posted its quarterly earnings results on Thursday, July 16th. The financial services provider reported $1.35 earnings per share for the quarter, topping analysts’ consensus estimates of $1.28 by $0.07. U.S. Bancorp had a net margin of 18.01% and a return on equity of 13.55%. The firm had revenue of $7.71 billion for the quarter, compared to analyst estimates of $7.58 billion. During the same period in the previous year, the business posted $1.11 earnings per share. On average, equities research analysts anticipate that U.S. Bancorp will post 5.11 EPS for the current fiscal year.

Insider Buying and Selling at U.S. Bancorp

In other news, EVP Venkatachari Dilip sold 34,522 shares of the company’s stock in a transaction 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 transaction, the executive vice president owned 51,292 shares of the company’s stock, valued at $2,847,731.84. This represents a 40.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Jodi L. Richard sold 40,000 shares of the stock in a transaction on Tuesday, April 21st. The stock was sold at an average price of $57.00, for a total value of $2,280,000.00. Following the transaction, the insider owned 207,251 shares of the company’s stock, valued at approximately $11,813,307. This represents a 16.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.21% of the stock is owned by company insiders.

Institutional Trading of U.S. Bancorp

Several institutional investors and hedge funds have recently bought and sold shares of USB. Dogwood Wealth Management LLC lifted its position in U.S. Bancorp by 32.9% in the second quarter. Dogwood Wealth Management LLC now owns 687 shares of the financial services provider’s stock valued at $41,000 after buying an additional 170 shares during the last quarter. Paulson Wealth Management Inc. raised its stake in shares of U.S. Bancorp by 2.0% in the 4th quarter. Paulson Wealth Management Inc. now owns 8,780 shares of the financial services provider’s stock valued at $469,000 after acquiring an additional 173 shares during the period. Gilbert & Cook Inc. raised its stake in shares of U.S. Bancorp by 1.2% in the 4th quarter. Gilbert & Cook Inc. now owns 15,590 shares of the financial services provider’s stock valued at $832,000 after acquiring an additional 184 shares during the period. Flputnam Investment Management Co. lifted its holdings in shares of U.S. Bancorp by 1.4% in the 4th quarter. Flputnam Investment Management Co. now owns 13,721 shares of the financial services provider’s stock worth $732,000 after acquiring an additional 186 shares during the last quarter. Finally, Formidable Asset Management LLC lifted its holdings in shares of U.S. Bancorp by 0.8% in the 1st quarter. Formidable Asset Management LLC now owns 23,373 shares of the financial services provider’s stock worth $1,247,000 after acquiring an additional 186 shares during the last quarter. 77.60% of the stock is currently owned by hedge funds and other institutional investors.

More U.S. Bancorp News

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

• Positive Sentiment: U.S. Bancorp posted record quarterly revenue and beat earnings expectations, showing broad-based strength across lending, fees, and payments. U.S. Bancorp Reports Second Quarter 2026 Results
• Positive Sentiment: The bank raised its 2026 revenue outlook to about $30.7 billion to $31.3 billion, signaling management confidence in continued momentum. U.S. Bancorp Reports Record Revenue, Raises Outlook
• Positive Sentiment: Robert W. Baird raised its price target on USB to $68 from $64, reinforcing the view that the stock still has room to run despite keeping a neutral rating. Robert W. Baird price target note
• Neutral Sentiment: Some commentary noted that expense growth was a disappointment, which may limit how much investors reward the earnings beat in the near term. U.S. Bancorp Q2 earnings beat, but expense growth disappoints

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.