Crestwood Advisors Group LLC Acquires 424,365 Shares of U.S. Bancorp $USB

Key Points

• Crestwood Advisors Group LLC boosted its stake in U.S. Bancorp by 5,529.2% in Q4, buying 424,365 shares to hold 432,040 shares worth about $23.05 million.
• Notable insider selling occurred recently—EVP Venkatachari Dilip sold 34,522 shares (~$1.92M) and another insider sold 40,000 shares—leaving company insiders with just 0.21% ownership.
• Wall Street is broadly constructive: U.S. Bancorp carries a consensus rating of Moderate Buy with an average price target of $61.20, supported by multiple Buy/Outperform recommendations.

Crestwood Advisors Group LLC grew its holdings in shares of U.S. Bancorp (NYSE:USB - Free Report) by 5,529.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 432,040 shares of the financial services provider's stock after purchasing an additional 424,365 shares during the quarter. Crestwood Advisors Group LLC's holdings in U.S. Bancorp were worth $23,054,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its position 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 valued at $2,309,000 after acquiring an additional 36,863 shares during the period. Empowered Funds LLC boosted its position in shares of U.S. Bancorp by 2.1% in the first quarter. Empowered Funds LLC now owns 34,411 shares of the financial services provider's stock valued at $1,453,000 after acquiring an additional 714 shares during the period. Intech Investment Management LLC boosted its position in shares of U.S. Bancorp by 18.9% in the first quarter. Intech Investment Management LLC now owns 39,276 shares of the financial services provider's stock valued at $1,658,000 after acquiring an additional 6,252 shares during the period. Sivia Capital Partners LLC bought a new position in shares of U.S. Bancorp in the second quarter valued at approximately $425,000. Finally, Nebula Research & Development LLC bought a new position in shares of U.S. Bancorp in the second quarter valued at approximately $701,000. Institutional investors own 77.60% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on USB shares. Weiss Ratings upgraded shares of U.S. Bancorp from a "buy (b-)" rating to a "buy (b)" rating in a research report on Monday. Argus raised their price objective on shares of U.S. Bancorp from $62.00 to $63.00 and gave the company a "buy" rating in a research report on Thursday, January 22nd. Oppenheimer raised their price objective on shares of U.S. Bancorp from $73.00 to $74.00 and gave the company an "outperform" rating in a research report on Wednesday, April 29th. Piper Sandler restated a "buy" rating on shares of U.S. Bancorp in a research report on Thursday, February 26th. Finally, Royal Bank Of Canada raised their price objective on shares of U.S. Bancorp from $59.00 to $61.00 and gave the company an "outperform" rating in a research report on Friday, April 17th. One equities research 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 assigned a Sell rating to the company. According to MarketBeat.com, U.S. Bancorp presently has an average rating of "Moderate Buy" and an average price target of $61.20.

Insider Buying and Selling

In related news, EVP Venkatachari Dilip sold 34,522 shares of the firm's stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $55.52, for a total value of $1,916,661.44. Following the sale, the executive vice president directly 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 through the SEC website. Also, insider Jodi L. Richard sold 40,000 shares of the firm's stock in a transaction that occurred 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 completion of the sale, the insider directly owned 207,251 shares in the company, valued at $11,813,307. This represents a 16.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.21% of the company's stock.

More U.S. Bancorp News

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

• Positive Sentiment: Q1 results and shareholder payback: USB beat Q1 EPS estimates and continues to pay a $0.52 quarterly dividend, supporting income-oriented and value buyers. MarketBeat USB profile
• Positive Sentiment: Momentum coverage: Zacks and several profile pieces argue USB is a long‑term momentum name based on earnings/price momentum and style scores — this can sustain buying interest into a broader banking rebound. Zacks momentum article
• Positive Sentiment: Management messaging: CEO interviews highlight strategic focus on tech investments and growth execution, which supports confidence in the turnaround narrative. CEO interview/video
• Neutral Sentiment: Analyst view is mixed‑but‑constructive: Multiple houses (Oppenheimer, Weiss, Piper Sandler, DA Davidson) have buy/outperform views or raised targets; consensus remains a "Moderate Buy" with a ~$61.20 target — useful context for upside versus current price. Analyst targets summary
• Neutral Sentiment: Valuation/attractiveness pieces note a ~41% one‑year rally; some say shares still look modestly undervalued while others warn upside may be more limited — keeps investors weighing momentum vs. stretched gains. Valuation article
• Neutral Sentiment: Macro/industry context: U.S. Bank's CFO survey and freight/payment indexes highlight cost control and growth/deal focus for finance leaders — a mixed datapoint for banks' loan/fee outlooks. CFO survey
• Negative Sentiment: Insider selling: EVP Venkatachari Dilip sold 34,522 shares (~$1.92M at ~$55.52), cutting his holding by ~40% — a large, disclosed sale that can weigh on near‑term sentiment. SEC filing
• Negative Sentiment: Underperformance note: Media coverage points out USB has recently underperformed the broader market despite occasional rallies — a reminder investors remain cautious on sector/regulatory and rate risks. MarketWatch underperformance story

U.S. Bancorp Trading Down 1.5%

Shares of USB opened at $55.34 on Friday. The firm's 50 day simple moving average is $54.05 and its 200 day simple moving average is $53.16. The company has a market capitalization of $85.90 billion, a P/E ratio of 11.60, a P/E/G ratio of 1.01 and a beta of 1.00. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.81 and a quick ratio of 0.81. U.S. Bancorp has a 1-year low of $41.50 and a 1-year high of $61.19.

U.S. Bancorp (NYSE:USB - Get Free Report) last announced its earnings results on Thursday, April 16th. The financial services provider reported $1.18 earnings per share for the quarter, beating analysts' consensus estimates of $1.14 by $0.04. The business had revenue of $7.32 billion for the quarter, compared to the consensus estimate of $7.27 billion. U.S. Bancorp had a net margin of 18.01% and a return on equity of 13.55%. U.S. Bancorp's quarterly revenue was up 4.7% on a year-over-year basis. During the same period last year, the firm posted $1.03 earnings per share. Sell-side analysts forecast that U.S. Bancorp will post 5.09 earnings per share for the current fiscal year.

U.S. Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were paid a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend was Tuesday, March 31st. U.S. Bancorp's dividend payout ratio (DPR) is currently 43.61%.

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.

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