U.S. Bancorp $USB Shares Sold by Cullen Frost Bankers Inc.

24 Oct 2025, 06:46 by Scott Moore · The Cerbat Gem

Cullen Frost Bankers Inc. lessened its position in U.S. Bancorp (NYSE:USB – Free Report) by 14.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 51,384 shares of the financial services provider’s stock after selling 8,531 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in U.S. Bancorp were worth $2,325,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Curbstone Financial Management Corp lifted its position in shares of U.S. Bancorp by 0.6% in the second quarter. Curbstone Financial Management Corp now owns 39,982 shares of the financial services provider’s stock valued at $1,809,000 after acquiring an additional 222 shares in the last quarter. Mechanics Financial Corp lifted its position in shares of U.S. Bancorp by 5.3% in the second quarter. Mechanics Financial Corp now owns 4,806 shares of the financial services provider’s stock valued at $217,000 after acquiring an additional 240 shares in the last quarter. Northern Financial Advisors Inc lifted its position in shares of U.S. Bancorp by 5.0% in the second quarter. Northern Financial Advisors Inc now owns 5,033 shares of the financial services provider’s stock valued at $228,000 after acquiring an additional 241 shares in the last quarter. Lawson Kroeker Investment Management Inc. NE lifted its position in shares of U.S. Bancorp by 0.5% in the second quarter. Lawson Kroeker Investment Management Inc. NE now owns 46,109 shares of the financial services provider’s stock valued at $2,086,000 after acquiring an additional 249 shares in the last quarter. Finally, Bestgate Wealth Advisors LLC lifted its position in shares of U.S. Bancorp by 3.3% in the first quarter. Bestgate Wealth Advisors LLC now owns 8,031 shares of the financial services provider’s stock valued at $339,000 after acquiring an additional 253 shares in the last quarter. Hedge funds and other institutional investors own 77.60% of the company’s stock.

Insiders Place Their Bets

In other U.S. Bancorp news, Chairman Andrew Cecere sold 140,445 shares of U.S. Bancorp stock in a transaction on Monday, October 20th. The stock was sold at an average price of $46.34, for a total value of $6,508,221.30. Following the sale, the chairman owned 1,360,414 shares in the company, valued at $63,041,584.76. The trade was a 9.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP James L. Chosy sold 26,909 shares of U.S. Bancorp stock in a transaction on Monday, October 20th. The shares were sold at an average price of $46.86, for a total value of $1,260,955.74. Following the completion of the sale, the executive vice president owned 226,375 shares in the company, valued at $10,607,932.50. This represents a 10.62% decrease in their position. The disclosure for this sale can be found here. 0.23% of the stock is owned by insiders.

U.S. Bancorp Price Performance

NYSE:USB opened at $47.84 on Friday. U.S. Bancorp has a 52 week low of $35.18 and a 52 week high of $53.98. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 1.10. The company has a market capitalization of $74.45 billion, a P/E ratio of 10.95, a P/E/G ratio of 1.26 and a beta of 1.06. The stock’s fifty day moving average is $48.05 and its two-hundred day moving average is $45.05.

U.S. Bancorp (NYSE:USB – Get Free Report) last posted its earnings results on Thursday, October 16th. The financial services provider reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.11 by $0.11. U.S. Bancorp had a return on equity of 13.34% and a net margin of 16.89%.The company had revenue of $7.34 billion for the quarter, compared to the consensus estimate of $7.17 billion. During the same quarter in the previous year, the business earned $1.03 earnings per share. The company’s revenue for the quarter was up 6.8% on a year-over-year basis. Equities analysts expect that U.S. Bancorp will post 4.38 EPS for the current year.

U.S. Bancorp Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were given a $0.52 dividend. This is an increase from U.S. Bancorp’s previous quarterly dividend of $0.50. This represents a $2.08 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Tuesday, September 30th. U.S. Bancorp’s dividend payout ratio (DPR) is presently 47.60%.

Analyst Ratings Changes

Several research firms have recently weighed in on USB. Raymond James Financial upgraded U.S. Bancorp from an “outperform” rating to a “strong-buy” rating and raised their target price for the company from $51.00 to $57.00 in a research report on Monday, July 7th. Bank of America lifted their price objective on U.S. Bancorp from $54.00 to $55.00 and gave the stock a “buy” rating in a research report on Friday, October 17th. The Goldman Sachs Group set a $52.00 price objective on U.S. Bancorp and gave the stock a “neutral” rating in a research report on Friday, October 17th. UBS Group lifted their price objective on U.S. Bancorp from $49.00 to $50.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 7th. Finally, Cowen reiterated a “buy” rating on shares of U.S. Bancorp in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $54.55.

View Our Latest Report on U.S. Bancorp

U.S. Bancorp Profile

(Free Report)

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.