Royal Bank Of Canada Issues Positive Forecast for U.S. Bancorp (NYSE:USB) Stock Price

U.S. Bancorp (NYSE:USB) had its price objective upped by equities research analysts at Royal Bank Of Canada from $61.00 to $68.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm presently has an “outperform” rating on the financial services provider’s stock. Royal Bank Of Canada’s price target would indicate a potential upside of 5.27% from the company’s previous close.

Several other research analysts have also issued reports on USB. Weiss Ratings raised U.S. Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. UBS Group boosted their price target on U.S. Bancorp from $58.00 to $66.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 7th. Barclays upped their price objective on shares of U.S. Bancorp from $67.00 to $75.00 and gave the company an “overweight” rating in a report on Friday. Truist Financial increased their price objective on shares of U.S. Bancorp from $66.00 to $69.00 and gave the company a “buy” rating in a research report on Friday. Finally, Oppenheimer lowered their target price on shares of U.S. Bancorp from $74.00 to $73.00 and set an “outperform” rating for the company in a research note on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $65.30.

U.S. Bancorp Price Performance

NYSE USB opened at $64.59 on Friday. The firm’s fifty day simple moving average is $57.74 and its two-hundred day simple moving average is $56.03. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 1.03. U.S. Bancorp has a 12-month low of $43.46 and a 12-month high of $64.27. The firm has a market capitalization of $100.19 billion, a P/E ratio of 13.52, a P/E/G ratio of 1.08 and a beta of 0.96.

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

Insiders Place Their Bets

In related news, EVP Venkatachari Dilip sold 34,522 shares of the firm’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $55.52, for a total transaction 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 $2,847,731.84. This trade represents a 40.23% decrease in their ownership of the stock. 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 business’s stock in a transaction on Tuesday, April 21st. The shares were sold at an average price of $57.00, for a total transaction of $2,280,000.00. Following the transaction, the insider owned 207,251 shares of the company’s stock, valued at $11,813,307. This represents a 16.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.21% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On U.S. Bancorp

A number of institutional investors have recently modified their holdings of USB. Clayton Financial Group LLC purchased a new stake in shares of U.S. Bancorp in the fourth quarter worth about $25,000. Financial Life Planners purchased a new position in U.S. Bancorp during the first quarter valued at approximately $27,000. Main Street Group LTD acquired a new position in U.S. Bancorp in the first quarter valued at approximately $28,000. Rossby Financial LCC lifted its holdings in U.S. Bancorp by 57.8% in the fourth quarter. Rossby Financial LCC now owns 579 shares of the financial services provider’s stock valued at $31,000 after acquiring an additional 212 shares during the period. Finally, NFSG Corp purchased a new stake in U.S. Bancorp in the 1st quarter worth approximately $31,000. Hedge funds and other 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 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

U.S. Bancorp Company 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.