DA Davidson Cuts U.S. Bancorp (NYSE:USB) Price Target to $49.00

U.S. Bancorp (NYSE:USB) had its price objective lowered by equities research analysts at DA Davidson from $54.00 to $49.00 in a report issued on Thursday,Benzinga reports. The firm currently has a “buy” rating on the financial services provider’s stock. DA Davidson’s price objective would suggest a potential upside of 28.25% from the stock’s current price. DA Davidson also issued estimates for U.S. Bancorp’s Q2 2025 earnings at $1.07 EPS, FY2025 earnings at $4.34 EPS and FY2026 earnings at $4.77 EPS.

USB has been the topic of a number of other reports. Citigroup dropped their price objective on shares of U.S. Bancorp from $65.00 to $55.00 and set a “buy” rating on the stock in a report on Monday, March 24th. Royal Bank of Canada dropped their price target on U.S. Bancorp from $57.00 to $50.00 and set an “outperform” rating on the stock in a research note on Thursday. Keefe, Bruyette & Woods reduced their price objective on U.S. Bancorp from $54.00 to $49.00 and set a “market perform” rating for the company in a research note on Thursday. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a $43.50 target price (down previously from $51.00) on shares of U.S. Bancorp in a research report on Thursday, April 3rd. Finally, Wells Fargo & Company reduced their price target on shares of U.S. Bancorp from $56.00 to $50.00 and set an “overweight” rating for the company in a research report on Thursday. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $50.66.

U.S. Bancorp Trading Up 1.0 %

Shares of NYSE:USB opened at $38.21 on Thursday. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.81 and a quick ratio of 0.80. The firm has a market capitalization of $59.53 billion, a P/E ratio of 10.08, a P/E/G ratio of 1.73 and a beta of 0.91. The business’s 50-day moving average is $42.55 and its 200 day moving average is $46.77. U.S. Bancorp has a 1 year low of $35.18 and a 1 year high of $53.98.

U.S. Bancorp (NYSE:USB) last posted its quarterly earnings data on Wednesday, April 16th. The financial services provider reported $1.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.06. The firm had revenue of $6.96 billion for the quarter, compared to the consensus estimate of $6.92 billion. U.S. Bancorp had a net margin of 14.75% and a return on equity of 12.94%. During the same quarter in the prior year, the company posted $0.78 earnings per share. On average, research analysts predict that U.S. Bancorp will post 4.38 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other U.S. Bancorp news, insider Terrance R. Dolan sold 66,317 shares of U.S. Bancorp stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $46.96, for a total transaction of $3,114,246.32. Following the sale, the insider now owns 209,482 shares of the company’s stock, valued at $9,837,274.72. The trade was a 24.05 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Jodi L. Richard sold 30,000 shares of the stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $47.59, for a total transaction of $1,427,700.00. Following the completion of the sale, the insider now owns 99,790 shares of the company’s stock, valued at $4,749,006.10. This trade represents a 23.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 219,812 shares of company stock worth $10,385,665. Company insiders own 0.23% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in USB. Winch Advisory Services LLC boosted its stake in U.S. Bancorp by 1,088.9% during the fourth quarter. Winch Advisory Services LLC now owns 535 shares of the financial services provider’s stock worth $26,000 after buying an additional 490 shares during the last quarter. J.Safra Asset Management Corp acquired a new position in shares of U.S. Bancorp during the 4th quarter valued at about $26,000. FPC Investment Advisory Inc. acquired a new stake in U.S. Bancorp during the fourth quarter worth about $28,000. Global Wealth Strategies & Associates increased its position in U.S. Bancorp by 70.8% during the fourth quarter. Global Wealth Strategies & Associates now owns 603 shares of the financial services provider’s stock worth $29,000 after purchasing an additional 250 shares during the last quarter. Finally, Stonebridge Financial Group LLC purchased a new position in U.S. Bancorp during the fourth quarter worth about $30,000. 77.60% of the stock is currently owned by institutional investors and hedge funds.

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.