Visa (NYSE:V) Price Target Raised to $455.00

Visa (NYSE:V) had its price objective lifted by JPMorgan Chase & Co. from $450.00 to $455.00 in a report released on Wednesday morning,Benzinga reports. They currently have an overweight rating on the credit-card processor’s stock.

Other equities research analysts have also recently issued reports about the stock. Oppenheimer raised their target price on shares of Visa from $403.00 to $440.00 and gave the stock an “outperform” rating in a research report on Wednesday. Morgan Stanley reaffirmed an “overweight” rating and set a $471.00 price target (up from $416.00) on shares of Visa in a research note on Wednesday. DZ Bank reiterated a “buy” rating on shares of Visa in a report on Monday, August 3rd. Daiwa Securities Group boosted their price objective on shares of Visa from $375.00 to $422.00 and gave the company an “outperform” rating in a research note on Thursday, August 6th. Finally, Piper Sandler reissued an “overweight” rating and set a $479.00 price objective (up from $430.00) on shares of Visa in a research note on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating and thirty-five have assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $438.41.

Visa Stock Performance

NYSE V opened at $413.69 on Wednesday. The business’s 50-day moving average price is $381.31 and its 200 day moving average price is $342.25. The company has a current ratio of 0.97, a quick ratio of 0.99 and a debt-to-equity ratio of 0.54. Visa has a twelve month low of $293.89 and a twelve month high of $417.00. The company has a market capitalization of $738.20 billion, a PE ratio of 33.55, a price-to-earnings-growth ratio of 1.93 and a beta of 0.77.

Visa (NYSE:V) last posted its quarterly earnings results on Tuesday, October 27th. The credit-card processor reported $3.48 EPS for the quarter, beating the consensus estimate of $3.44 by $0.04. Visa had a return on equity of 70.50% and a net margin of 51.20%. The company had revenue of $12.14 billion during the quarter, compared to analysts’ expectations of $12.09 billion. During the same quarter in the previous year, the business earned $2.98 EPS. The firm’s revenue was up 13.2% on a year-over-year basis. On average, research analysts predict that Visa will post 15.03 earnings per share for the current year.

Visa Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Tuesday, November 10th will be given a dividend of $0.78 per share. This represents a $3.12 dividend on an annualized basis and a yield of 0.8%. This is a positive change from Visa’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend is Tuesday, November 10th. Visa’s dividend payout ratio is presently 21.74%.

Insider Activity at Visa

In other news, General Counsel Julie Rottenberg sold 1,867 shares of the stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $368.34, for a total value of $687,690.78. Following the completion of the sale, the general counsel owned 18,404 shares of the company’s stock, valued at $6,778,929.36. This represents a 9.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ryan Mcinerney sold 5,875 shares of the stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $358.81, for a total transaction of $2,108,008.75. Following the completion of the sale, the chief executive officer directly owned 15,174 shares of the company’s stock, valued at $5,444,582.94. The trade was a 27.91% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 21,520 shares of company stock valued at $7,960,757. 0.12% of the stock is owned by insiders.

Institutional Trading of Visa

Large investors have recently added to or reduced their stakes in the stock. Richardson Financial Services Inc. raised its stake in shares of Visa by 2.6% in the third quarter. Richardson Financial Services Inc. now owns 1,216 shares of the credit-card processor’s stock worth $437,000 after acquiring an additional 31 shares during the last quarter. Ascent Group LLC grew its stake in shares of Visa by 6.4% during the third quarter. Ascent Group LLC now owns 51,473 shares of the credit-card processor’s stock valued at $18,496,000 after purchasing an additional 3,111 shares during the last quarter. Signet Investment Advisory Group Inc. grew its stake in shares of Visa by 1.0% during the third quarter. Signet Investment Advisory Group Inc. now owns 17,700 shares of the credit-card processor’s stock valued at $6,360,000 after purchasing an additional 182 shares during the last quarter. JCIC Asset Management Inc. grew its stake in shares of Visa by 1.5% during the third quarter. JCIC Asset Management Inc. now owns 24,886 shares of the credit-card processor’s stock valued at $8,942,000 after purchasing an additional 360 shares during the last quarter. Finally, 3Chopt Investment Partners LLC raised its position in Visa by 8.8% in the 3rd quarter. 3Chopt Investment Partners LLC now owns 6,585 shares of the credit-card processor’s stock worth $2,366,000 after purchasing an additional 532 shares during the last quarter. 82.15% of the stock is currently owned by institutional investors and hedge funds.

Visa News Roundup

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Strong operating trends: Visa’s latest earnings discussion highlighted resilient U.S. spending, accelerating cross-border volumes, commercial and e-commerce growth, and expanding value-added services. More than 60% of e-commerce transactions are now tokenized, supporting network security and long-term volume growth. 5 insightful analyst questions from Visa’s Q3 earnings call
• Positive Sentiment: China and international expansion: Visa and Tencent signed an agreement covering cross-border payments, international money transfers and AI-powered commerce. Visa also received approval to prepare for a domestic bank-card clearing business in China, potentially expanding its addressable market. Tencent, Visa deepen payments push in China
• Positive Sentiment: Digital-assets opportunity: Visa’s annualized stablecoin settlement volume reportedly surpassed $25 billion, while stablecoin-linked card programs exceeded 225. The progress reinforces Visa’s role in emerging payment infrastructure. Visa Stablecoin Settlement Tops $25 Billion
• Positive Sentiment: Shareholder returns and analyst support: Visa raised its quarterly dividend 16.4% to $0.78 per share. KeyCorp maintained an “Overweight” rating with a $425 target and projects EPS of $16.93 in fiscal 2028 and $19.00 in fiscal 2029. Wells Fargo separately lifted its target to $463, while RBC, Oppenheimer, Barclays and JPMorgan also issued favorable commentary. Wells Fargo raises Visa price target
• Neutral Sentiment: Industry backdrop: Cross-border activity and consumer spending remain supportive, but rising technology expenses and inflation could pressure payment-industry margins. Financial transaction stocks amid cost and inflation pressure
• Negative Sentiment: Merchant litigation risk: Visa’s agreement to drop the “honor all cards” rule settles part of a merchant dispute but could create uncertainty around acceptance practices and pricing power. Will ditching the honor all cards rule matter?

About Visa

Visa Inc (NYSE: V) is a global payments technology company that facilitates electronic payments between consumers, businesses, financial institutions and governments. Through its VisaNet network, the company authorizes, clears and settles transactions made with Visa-branded credit, debit and prepaid cards, while generally not issuing cards, extending credit or setting cardholder account terms.

Visa provides payment products and services for consumer, commercial and government payments, as well as digital commerce and money movement.