SteelPeak Wealth LLC boosted its position in shares of U.S. Bancorp ( - ) by 9.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 197,948 shares of the financial services provider's stock after purchasing an additional 17,656 shares during the quarter. SteelPeak Wealth LLC's holdings in U.S. Bancorp were worth $8,456,000 at the end of the most recent reporting period. Get **U.S. Bancorp** alerts: Sign Up A number of other institutional investors also recently bought and sold shares of the company. FIL Ltd raised its holdings in shares of U.S. Bancorp by 42.0% in the fourth quarter. FIL Ltd now owns 28,872 shares of the financial services provider's stock worth $1,381,000 after acquiring an additional 8,542 shares during the last quarter. Wesbanco Bank Inc. raised its holdings in shares of U.S. Bancorp by 31.6% in the first quarter. Wesbanco Bank Inc. now owns 325,056 shares of the financial services provider's stock worth $13,724,000 after acquiring an additional 78,146 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of U.S. Bancorp by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 138,836,896 shares of the financial services provider's stock worth $6,640,569,000 after acquiring an additional 1,079,056 shares during the last quarter. Becker Capital Management Inc. raised its holdings in shares of U.S. Bancorp by 1.5% in the fourth quarter. Becker Capital Management Inc. now owns 560,095 shares of the financial services provider's stock worth $27,069,000 after acquiring an additional 8,204 shares during the last quarter. Finally, Asset Management One Co. Ltd. raised its holdings in shares of U.S. Bancorp by 9.2% in the first quarter. Asset Management One Co. Ltd. now owns 653,367 shares of the financial services provider's stock worth $27,585,000 after acquiring an additional 55,054 shares during the last quarter. 77.60% of the stock is currently owned by hedge funds and other institutional investors. Analyst Ratings Changes A number of research firms have recently weighed in on USB. Wolfe Research raised U.S. Bancorp from a \"peer perform\" rating to an \"outperform\" rating and set a $49.00 price target for the company in a report on Thursday, April 3rd. Oppenheimer upped their target price on U.S. Bancorp from $57.00 to $59.00 and gave the company an \"outperform\" rating in a research note on Monday, April 28th. Raymond James Financial upgraded U.S. Bancorp from an \"outperform\" rating to a \"strong-buy\" rating and upped their target price for the company from $51.00 to $57.00 in a research note on Monday, July 7th. Truist Financial upped their target price on U.S. Bancorp from $48.00 to $50.00 and gave the company a \"hold\" rating in a research note on Wednesday. Finally, Cowen began coverage on U.S. Bancorp in a research note on Wednesday, May 14th. They issued a \"buy\" rating for the company. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, U.S. Bancorp currently has an average rating of \"Moderate Buy\" and a consensus price target of $51.70. Insider Buying and Selling at U.S. Bancorp In other U.S. Bancorp news, Director purchased 5,000 shares of U.S. Bancorp stock in a transaction that occurred on Monday, April 21st. The stock was purchased at an average price of $37.32 per share, with a total value of $186,600.00. Following the completion of the acquisition, the director owned 15,000 shares of the company's stock, valued at approximately $559,800. This trade represents a 50.00% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through . 0.23% of the stock is owned by insiders. U.S. Bancorp Stock Down 0.9% Shares of traded down $0.44 on Friday, hitting $47.13. The company had a trading volume of 11,510,101 shares, compared to its average volume of 9,413,286. U.S. Bancorp has a 12-month low of $35.18 and a 12-month high of $53.98. The business has a 50 day moving average of $44.39 and a two-hundred day moving average of $44.36. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 1.11. The firm has a market capitalization of $73.43 billion, a P/E ratio of 11.67, a PEG ratio of 1.78 and a beta of 0.99. U.S. Bancorp ( - ) last issued its earnings results on Wednesday, April 16th. The financial services provider reported $1.03 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.06. U.S. Bancorp had a return on equity of 13.02% and a net margin of 15.70%. The company had revenue of $6.96 billion during the quarter, compared to the consensus estimate of $6.92 billion. During the same quarter in the prior year, the business earned $0.78 earnings per share. As a group, equities research analysts forecast that U.S. Bancorp will post 4.38 earnings per share for the current fiscal year. U.S. Bancorp Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 4.24%. The ex-dividend date is Monday, June 30th. U.S. Bancorp's payout ratio is 49.50%. U.S. Bancorp Company Profile () U.S. Bancorp, a financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities, and other financial institutions in the United States. It operates through Wealth, Corporate, Commercial and Institutional Banking; Consumer and Business Banking; Payment Services; and Treasury and Corporate Support segments.

SteelPeak Wealth LLC Raises Stock Holdings in U.S. Bancorp (NYSE:USB)

SteelPeak Wealth LLC increased its U.S. Bancorp (USB) holdings by 9.8% in Q1 2025, while other institutional investors like FIL Ltd, Wesbanco Bank Inc., and Vanguard Group Inc. also adjusted their positions. Analyst ratings for USB were updated, with Wolfe Research and Raymond James Financial upgrading their outlook. Insider transactions and financial metrics, including a $0.50 quarterly dividend, were also reported.