XXEC Inc. Raises Stock Holdings in Visa Inc. $V

XXEC Inc. raised its stake in shares of Visa Inc. (NYSE:V) by 475.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 121,565 shares of the credit-card processor’s stock after buying an additional 100,425 shares during the quarter. Visa comprises 7.2% of XXEC Inc.’s portfolio, making the stock its 4th biggest position. XXEC Inc.’s holdings in Visa were worth $36,742,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Chapman Financial Group LLC grew its holdings in Visa by 0.9% during the third quarter. Chapman Financial Group LLC now owns 3,211 shares of the credit-card processor’s stock valued at $1,096,000 after purchasing an additional 30 shares during the period. Ransom Advisory Ltd raised its holdings in Visa by 0.3% in the fourth quarter. Ransom Advisory Ltd now owns 9,447 shares of the credit-card processor’s stock worth $3,313,000 after purchasing an additional 30 shares during the period. Bank OZK boosted its position in shares of Visa by 3.7% during the third quarter. Bank OZK now owns 858 shares of the credit-card processor’s stock worth $293,000 after purchasing an additional 31 shares in the last quarter. FOCUS Wealth Advisors LLC boosted its position in shares of Visa by 0.4% during the fourth quarter. FOCUS Wealth Advisors LLC now owns 7,710 shares of the credit-card processor’s stock worth $2,704,000 after purchasing an additional 31 shares in the last quarter. Finally, Planned Solutions Inc. grew its holdings in shares of Visa by 2.0% in the 4th quarter. Planned Solutions Inc. now owns 1,598 shares of the credit-card processor’s stock valued at $560,000 after buying an additional 31 shares during the period. 82.15% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on V. Sanford C. Bernstein restated an “outperform” rating and issued a $450.00 price objective on shares of Visa in a research report on Tuesday, June 2nd. Morgan Stanley reissued an “overweight” rating and issued a $415.00 target price on shares of Visa in a research note on Wednesday, April 29th. Oppenheimer restated an “outperform” rating and issued a $403.00 price target (up from $391.00) on shares of Visa in a report on Wednesday, April 29th. Weiss Ratings lowered Visa from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, April 16th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $400.00 price objective on shares of Visa in a report on Wednesday, April 29th. Seven equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $397.96.

Insider Activity

In other Visa news, CEO Ryan Mcinerney sold 31,455 shares of the company’s stock in a transaction that occurred on Wednesday, April 29th. The stock was sold at an average price of $340.14, for a total transaction of $10,699,103.70. Following the completion of the transaction, the chief executive officer owned 15,174 shares of the company’s stock, valued at $5,161,284.36. This represents a 67.46% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Chris Suh sold 10,639 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $324.81, for a total transaction of $3,455,653.59. Following the transaction, the chief financial officer directly owned 9,872 shares of the company’s stock, valued at $3,206,524.32. This represents a 51.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 63,064 shares of company stock valued at $21,289,800 over the last ninety days. 0.12% of the stock is owned by insiders.

Visa News Roundup

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Piper Sandler upgraded Visa to strong-buy, reinforcing optimism around the company’s earnings power, cross-border payments outlook, and resilient consumer spending trends.
• Positive Sentiment: Visa is being viewed as a key beneficiary of the new Open USD stablecoin initiative, a consortium-backed digital dollar project involving major players such as Stripe, BlackRock, Google, and Coinbase. Investors appear to see this as evidence Visa could remain central to next-generation money movement and settlement infrastructure.
• Positive Sentiment: Market commentary also highlighted Visa’s continued strength in travel, cross-border partnerships, and online spending trends, with Visa saying consumers are still prioritizing discretionary purchases through deal hunting rather than cutting back sharply.
• Neutral Sentiment: Visa’s expanded smartphone-based payment tools for small businesses support its longer-term growth story, but the near-term financial impact looks incremental.
• Negative Sentiment: CEO Ryan McInerney sold 20,970 shares in a pre-arranged 10b5-1 transaction, which may create some caution even though the sale was part of a planned trading program.

Visa Trading Up 2.4%

Shares of NYSE:V opened at $351.36 on Thursday. Visa Inc. has a 12 month low of $293.89 and a 12 month high of $359.66. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.64. The company’s fifty day simple moving average is $325.14 and its 200 day simple moving average is $324.55. The firm has a market cap of $630.26 billion, a price-to-earnings ratio of 30.61, a PEG ratio of 1.83 and a beta of 0.75.

Visa (NYSE:V) last announced its earnings results on Tuesday, April 28th. The credit-card processor reported $3.31 earnings per share for the quarter, topping analysts’ consensus estimates of $3.10 by $0.21. The firm had revenue of $11.23 billion during the quarter, compared to analyst estimates of $10.75 billion. Visa had a net margin of 51.68% and a return on equity of 65.00%. The company’s revenue for the quarter was up 17.1% compared to the same quarter last year. During the same period in the prior year, the business earned $2.76 EPS. As a group, research analysts forecast that Visa Inc. will post 13.09 EPS for the current fiscal year.

Visa Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th were issued a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Tuesday, May 12th. Visa’s payout ratio is 23.34%.

Visa declared that its Board of Directors has approved a stock buyback program on Tuesday, April 28th that allows the company to buyback $20.00 billion in shares. This buyback authorization allows the credit-card processor to reacquire up to 3.6% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s management believes its stock is undervalued.

About Visa

Visa Inc is a global payments technology company that facilitates electronic funds transfers and digital commerce by connecting consumers, merchants, financial institutions and governments. The firm operates one of the world’s largest payment networks, providing processing, authorization, clearing and settlement services for credit, debit and prepaid card transactions. Visa’s network-based model enables partner banks and other issuers to offer branded payment products while Visa focuses on the infrastructure, standards and technologies that move money securely and efficiently around the world.

Visa’s product and service portfolio includes card-based payment products for consumers and businesses, real-time push-payment capabilities, tokenization and authentication services, fraud and risk-management tools, data analytics and APIs for fintech and merchant integration.