International Assets Investment Management LLC trimmed its stake in Visa Inc. (NYSE:V – Free Report) by 9.2% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 27,145 shares of the credit-card processor’s stock after selling 2,765 shares during the period. International Assets Investment Management LLC’s holdings in Visa were worth $9,768,000 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. John Boyer Inc. acquired a new position in Visa during the third quarter valued at approximately $27,000. Philadelphia Investment Partners LLC bought a new position in shares of Visa in the second quarter valued at approximately $29,000. Virtus Advisers LLC acquired a new stake in shares of Visa in the second quarter worth $33,000. Portfolio Resources Advisor Group Inc. acquired a new stake in shares of Visa in the third quarter worth $35,000. Finally, DecisionPoint Financial LLC lifted its stake in shares of Visa by 307.7% in the third quarter. DecisionPoint Financial LLC now owns 106 shares of the credit-card processor’s stock worth $38,000 after buying an additional 80 shares during the last quarter. 82.15% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of research analysts recently issued reports on V shares. Citigroup reiterated a “buy” rating and issued a $440.00 target price (up from $400.00) on shares of Visa in a research note on Wednesday, July 29th. Raymond James Financial reissued an “outperform” rating and set a $445.00 target price on shares of Visa in a research report on Wednesday, October 28th. Weiss Ratings lowered shares of Visa from a “buy (b+)” rating to a “buy (b)” rating in a research report on Wednesday, October 28th. BMO Capital Markets set a $438.00 price target on shares of Visa and gave the company an “outperform” rating in a report on Wednesday, October 28th. Finally, KeyCorp raised their price target on Visa from $415.00 to $425.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Two investment 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 MarketBeat, the company presently has an average rating of “Buy” and an average price target of $440.82.
View Our Latest Stock Analysis on V
Visa Trading Up 0.0%
Shares of Visa stock opened at $422.76 on Friday. The company’s fifty day simple moving average is $385.86 and its 200-day simple moving average is $344.69. The company has a market cap of $754.39 billion, a price-to-earnings ratio of 34.29, a PEG ratio of 1.80 and a beta of 0.80. 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 Inc. has a 1 year low of $293.89 and a 1 year high of $442.23.
Visa (NYSE:V – Get Free Report) last announced its earnings results on Tuesday, October 27th. The credit-card processor reported $3.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.44 by $0.04. The business had revenue of $12.14 billion for the quarter, compared to analyst estimates of $12.09 billion. Visa had a net margin of 51.20% and a return on equity of 70.50%. Visa’s revenue was up 13.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.98 earnings per share. As a group, sell-side analysts expect that Visa Inc. will post 15.02 EPS for the current year.
Visa Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Tuesday, November 10th will be issued a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Tuesday, November 10th. This is a positive change from Visa’s previous quarterly dividend of $0.67. Visa’s payout ratio is presently 25.30%.
Insider Activity
In other news, CEO Ryan Mcinerney sold 5,875 shares of the company’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $367.87, for a total transaction of $2,161,236.25. Following the completion of the transaction, the chief executive officer owned 15,174 shares of the company’s stock, valued at approximately $5,582,059.38. This represents a 27.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Julie Rottenberg sold 2,028 shares of the stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $381.35, for a total transaction of $773,377.80. Following the completion of the sale, the general counsel owned 18,404 shares of the company’s stock, valued at approximately $7,018,365.40. The trade was a 9.93% 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. In the last 90 days, insiders have sold 27,395 shares of company stock worth $10,406,050. Insiders own 0.12% of the company’s stock.
Key Headlines Impacting Visa
Here are the key news stories impacting Visa this week:
- Positive Sentiment: Visa reported record fourth-quarter and full-year results, with adjusted earnings up 17% year over year, and raised its dividend by 16%. Truist also raised its price target to $470 and maintained a Buy rating, signaling analyst confidence in further upside. Visa earnings and dividend report Truist price target report
- Positive Sentiment: Visa is building six technology hubs in Singapore focused on AI, cybersecurity, and next-generation payments. The investment could strengthen its capabilities and support future commerce growth. Singapore technology hubs
- Neutral Sentiment: Visa launched an AI-shopping benchmark, highlighting potential opportunities in agentic commerce while noting that many test runs failed—evidence the technology is still developing. AI shopping benchmark announcement
- Negative Sentiment: Analysts have flagged rising client incentives and Visa’s premium valuation as risks that could constrain the case for buying the stock despite strong results. Zacks analysis of incentives and valuation
- Negative Sentiment: Gnosis Pay, a crypto-card provider that uses Visa, disclosed exposure of customers’ payment and personal data. The report says customer funds were safe; the incident was at Gnosis Pay’s legacy system, not Visa’s own platform, though it may raise broader questions about payment security. Gnosis Pay breach report
Visa Profile
Visa Inc operates a global payments network that connects consumers, merchants, financial institutions and governments. Its network supports the authorization, clearing and settlement of electronic payments, including transactions made in person and online.
The company’s services include payment processing, fraud prevention, identity and risk management, and money-transfer solutions such as Visa Direct. Visa-branded credit, debit and prepaid cards are issued by participating financial institutions; Visa generally provides the network and related services rather than issuing cards or extending credit directly to consumers.
Visa traces its roots to BankAmericard, a bank card program launched in California in 1958.
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