Assetmark Inc. Buys 18,803 Shares of U.S. Bancorp $USB

Key Points

• Assetmark Inc. raised its stake in U.S. Bancorp by 9.6% in Q4, buying 18,803 shares to own 215,669 shares valued at about $11.51 million.
• Insider Mark G. Runkel sold 32,195 shares on Feb. 6 at an average price of $60.65, reducing his position by 24.78%; company insiders own 0.21% of the stock.
• U.S. Bancorp beat Q1 estimates with GAAP EPS of $1.18 (vs. $1.14 consensus) and $7.29B revenue (+4.7% YoY), declared a $0.52 quarterly dividend (3.8% yield), and holds a MarketBeat consensus rating of "Moderate Buy" with a $61.13 target.

Assetmark Inc. raised its stake in shares of U.S. Bancorp (NYSE:USB - Free Report) by 9.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 215,669 shares of the financial services provider's stock after purchasing an additional 18,803 shares during the quarter. Assetmark Inc.'s holdings in U.S. Bancorp were worth $11,508,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Brighton Jones LLC increased its stake in shares of U.S. Bancorp by 323.0% in the fourth quarter. Brighton Jones LLC now owns 48,274 shares of the financial services provider's stock worth $2,309,000 after buying an additional 36,863 shares during the period. Empowered Funds LLC boosted its holdings in shares of U.S. Bancorp by 2.1% during the 1st quarter. Empowered Funds LLC now owns 34,411 shares of the financial services provider's stock valued at $1,453,000 after buying an additional 714 shares in the last quarter. Intech Investment Management LLC boosted its holdings in shares of U.S. Bancorp by 18.9% during the 1st quarter. Intech Investment Management LLC now owns 39,276 shares of the financial services provider's stock valued at $1,658,000 after buying an additional 6,252 shares in the last quarter. Sivia Capital Partners LLC bought a new stake in shares of U.S. Bancorp during the 2nd quarter valued at $425,000. Finally, Nebula Research & Development LLC bought a new stake in shares of U.S. Bancorp during the 2nd quarter valued at $701,000. 77.60% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, insider Mark G. Runkel sold 32,195 shares of the stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $60.65, for a total transaction of $1,952,626.75. Following the transaction, the insider owned 97,728 shares in the company, valued at $5,927,203.20. This trade represents a 24.78% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.21% of the stock is owned by company insiders.

U.S. Bancorp Stock Performance

Shares of U.S. Bancorp stock opened at $55.45 on Friday. U.S. Bancorp has a one year low of $37.24 and a one year high of $61.19. The company has a market capitalization of $86.07 billion, a PE ratio of 12.00, a P/E/G ratio of 1.03 and a beta of 1.01. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.80 and a current ratio of 0.80. The company has a 50-day simple moving average of $54.58 and a two-hundred day simple moving average of $52.25.

U.S. Bancorp (NYSE:USB - Get Free Report) last issued its quarterly earnings results on Thursday, April 16th. The financial services provider reported $1.18 earnings per share for the quarter, topping analysts' consensus estimates of $1.14 by $0.04. The business had revenue of $7.29 billion for the quarter, compared to analyst estimates of $7.27 billion. U.S. Bancorp had a return on equity of 13.48% and a net margin of 17.66%.The company's revenue was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.03 earnings per share. Research analysts expect that U.S. Bancorp will post 4.38 EPS for the current fiscal year.

U.S. Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were issued a $0.52 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $2.08 dividend on an annualized basis and a yield of 3.8%. U.S. Bancorp's payout ratio is presently 45.02%.

U.S. Bancorp News Summary

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

• Positive Sentiment: Q1 beat on the bottom line: GAAP EPS of $1.18 topped consensus (~$1.14) and net revenue was $7.29B (up ~4.7% YoY), driven by higher interest income and fee revenue — showing healthy core business momentum. U.S. Bancorp profit jumps on interest income, fee revenue boost
• Positive Sentiment: Operational strength: broad-based growth across commercial lending, credit cards and payments, record consumer deposits, and improved efficiency metrics — supporting near-term earnings quality. US Bancorp (USB) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Guidance and outlook: the bank expects Q2 net interest income (NII) and fee revenue growth of ~6–7% while maintaining a full‑year net revenue growth outlook (~4–6%), a modestly constructive but not overly aggressive signal. U.S. Bancorp expects Q2 2026 net-interest-income and fee-revenue growth of 6%-7%
• Neutral Sentiment: Brand/marketing lift: announced a multi‑year NFL sponsorship that could boost consumer brand reach and long‑term deposit/wealth flows, but with limited immediate earnings impact. U.S. Bancorp NFL Deal Puts Brand Reach And Valuation In Focus
• Negative Sentiment: Rising credit costs: the market reaction highlights investor concern about higher provisions/credit costs this quarter — these tempered the upside from revenue and margin gains and pressured the stock. What's Going On With U.S. Bancorp Stock Thursday?
• Negative Sentiment: Analyst tone = cautious: Jefferies kept a Hold while raising its price target (citing capital strength and solid results) but flagged softer NII outlook and sub‑peer margins — signaling limited near‑term upside from Street analysts. Balanced Risk-Reward at U.S. Bancorp

Analysts Set New Price Targets

A number of analysts have recently issued reports on USB shares. Barclays raised their price target on shares of U.S. Bancorp from $56.00 to $65.00 and gave the company an "overweight" rating in a report on Monday, January 5th. Weiss Ratings reiterated a "buy (b-)" rating on shares of U.S. Bancorp in a research note on Wednesday, January 21st. UBS Group reiterated a "neutral" rating and issued a $60.00 price objective on shares of U.S. Bancorp in a research note on Wednesday, February 4th. Wolfe Research lowered shares of U.S. Bancorp from an "outperform" rating to a "peer perform" rating in a report on Wednesday, January 7th. Finally, TD Cowen increased their price objective on shares of U.S. Bancorp from $65.00 to $66.00 and gave the company a "buy" rating in a report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $61.13.

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.

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