Aristotle Capital Management 13F: Cuts USB Stake by $55M

Aristotle Capital Management has reduced its stake in U.S. Bancorp (NYSE: USB), according to its latest 13F filing with the SEC, reflecting holdings as of the end of the reporting period. The fund trimmed its position by 916,641 shares, a 4.7% decrease, leaving it with 18,747,239 shares valued at approximately $1.10 billion.

What Changed in Aristotle Capital's U.S. Bancorp Position

Aristotle Capital Management cut its U.S. Bancorp holdings from 19,663,880 shares to 18,747,239 shares, a reduction of 916,641 shares or 4.7%. The value of this position is now about $1.10 billion, based on recent market prices.

Other Institutional Activity in U.S. Bancorp

In addition to Aristotle Capital's move, BlackRock, Inc. reduced its holdings by 817,742 shares, ending with 128,368,759 shares worth about $6.68 billion. Vanguard Capital Management LLC maintained its position with 100,884,405 shares valued at approximately $5.25 billion. State Street Corp also trimmed its holdings by 293,359 shares, now holding 69,408,539 shares valued at $3.65 billion. On the other hand, JPMorgan Chase & Co increased its stake significantly by 13,151,232 shares, bringing its total to 61,683,367 shares worth around $3.14 billion.

U.S. Bancorp Stock Up 5.2%

Shares of U.S. Bancorp (NYSE: USB) are trading near $58.94. The company boasts a market capitalization of about $91.8 billion and a P/E ratio of 12.36, with a forward P/E of 10.42. The stock's 52-week range spans from $42.55 to $61.19, and it has a beta of 0.999, indicating market volatility similar to the broader market. The 50-day moving average is $55.32, while the 200-day moving average stands at $52.49.

Recent Earnings

U.S. Bancorp reported revenue of $26.65 billion, reflecting a growth rate of 4.6%. The company posted an EPS of $4.77, with a net margin of 29.3% and a return on equity of 12.35%. The next earnings report is expected on July 16, 2026.

Dividend

U.S. Bancorp pays an annual dividend rate of $2.06, yielding 3.5% with a payout ratio of 43.19%. The company's consistent dividend payments make it an attractive option for income-focused investors.

Insider Buying and Selling at U.S. Bancorp

Recent insider activity at U.S. Bancorp includes several purchases and sales. On May 5, 2026, Dilip Venkatachari, SEVP & Chief Information & Technology Officer, sold 34,522 shares at an average price of $55.52. On April 23, 2026, insiders Dorothy Bridges, John Wiehoff, Roland Hernandez, Richard McKenney, and Elizabeth Buse each bought shares, with some transactions occurring at no cost.

Analysts Set New Price Targets

Analysts have maintained varied ratings on U.S. Bancorp. On April 30, 2026, JP Morgan maintained a 'sell' rating with a $57.5 price target. Oppenheimer, on April 29, reiterated a 'buy' rating with a target of $74.0. Evercore ISI Group also maintained a 'hold' rating with a $60.0 target on the same day. Overall, the consensus recommendation is a 'buy', with a mean target price of $63.5 based on 19 analyst opinions.

About U.S. Bancorp

U.S. Bancorp, headquartered in Minneapolis, Minnesota, is a financial services holding company offering a wide range of services to individuals, businesses, and institutions. With operations across several segments including Wealth Management, Consumer Banking, and Payment Services, the company provides everything from depository and lending services to asset management and credit card services. Led by CEO Ms. Gunjan Kedia, U.S. Bancorp employs around 70,000 people and continues to expand its financial solutions across the United States.

Bottom Line

Aristotle Capital Management's reduction in U.S. Bancorp reflects a strategic adjustment in its portfolio. Investors often track such filings to gauge institutional sentiment, though it's important to remember that 13F filings are backward-looking and may not represent current positions. U.S. Bancorp remains a significant player in the financial services sector, with a stable dividend and a range of analyst ratings.