NewEdge Advisors LLC Increases Stake in Visa Inc. $V

NewEdge Advisors LLC lifted its position in Visa Inc. (NYSE:V) by 2.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 757,409 shares of the credit-card processor’s stock after acquiring an additional 16,206 shares during the quarter. Visa accounts for approximately 0.8% of NewEdge Advisors LLC’s investment portfolio, making the stock its 17th largest holding. NewEdge Advisors LLC’s holdings in Visa were worth $228,919,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in V. Invariant Investment Management purchased a new position in shares of Visa in the 4th quarter valued at about $969,000. Nixon Peabody Trust Co. boosted its position in Visa by 58.1% during the first quarter. Nixon Peabody Trust Co. now owns 4,201 shares of the credit-card processor’s stock worth $1,270,000 after purchasing an additional 1,543 shares in the last quarter. Vanguard Group Inc. boosted its position in Visa by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 160,975,832 shares of the credit-card processor’s stock worth $56,455,834,000 after purchasing an additional 1,054,343 shares in the last quarter. Wealth Enhancement Trust Services Inc. acquired a new stake in Visa in the fourth quarter valued at approximately $15,966,000. Finally, Ticino Wealth acquired a new stake in Visa in the fourth quarter valued at approximately $1,837,000. 82.15% of the stock is owned by hedge funds and other institutional investors.

Visa News Summary

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Stablecoin capabilities move into production: Visa is integrating stablecoin payouts and prefunding into Visa Direct through a partnership with Zero Hash. The infrastructure is designed to reach more than 18 billion eligible card, account and wallet endpoints across 195 countries and territories, strengthening Visa’s position as a settlement network for digital assets. Visa Puts Stablecoins Into Its Cross-Border Payout Rail
• Positive Sentiment: Western Union expands Visa-based stablecoin usage: Western Union launched Stablecard across 37 markets, allowing customers to hold, transfer and spend a U.S. dollar-backed stablecoin anywhere Visa is accepted. The rollout could increase transaction volume and reinforce Visa’s relevance in remittances and emerging markets. Western Union brings stablecoin remittances to Visa network
• Positive Sentiment: Fraud-prevention expansion: Visa agreed to acquire AI-powered fraud-intelligence company BioCatch for $2.4 billion in cash. The deal should broaden Visa’s cybersecurity products and help protect banks, merchants and consumers as scams increasingly use artificial intelligence. Visa Is Buying BioCatch To Take On AI Driven Payments Fraud
• Neutral Sentiment: Underlying business momentum remains solid: Visa’s latest reported quarter showed revenue of $11.63 billion, up 14.4% year over year, while adjusted earnings exceeded analyst expectations. Visa also reported increased spending in Canadian FIFA World Cup host cities, illustrating the benefit of major events to payment activity.
• Negative Sentiment: Large-scale layoffs raise restructuring concerns: Visa is reportedly eliminating approximately 2,600 jobs, including positions in California and among senior employees. The cuts may improve efficiency over time, but they can also signal cost pressure and generate restructuring expenses or disruption. Visa Cuts 2,600 Jobs
• Negative Sentiment: Investment and margin risks persist: Analysts continue to flag rising technology costs and consumer-spending pressures. Visa is also committing substantial capital to BioCatch and stablecoin infrastructure, increasing execution risk even as these initiatives target long-term growth.

Insiders Place Their Bets

In other Visa news, CEO Ryan Mcinerney sold 20,970 shares of Visa stock in a transaction on Monday, June 29th. The stock was sold at an average price of $340.25, for a total value of $7,135,042.50. Following the sale, the chief executive officer owned 15,174 shares in the company, valued at $5,162,953.50. The trade was a 58.02% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Tullier Kelly Mahon sold 57,272 shares of the company’s stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $364.97, for a total value of $20,902,561.84. Following the completion of the transaction, the insider directly owned 49,662 shares in the company, valued at approximately $18,125,140.14. This trade represents a 53.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 101,398 shares of company stock valued at $35,831,433. 0.12% of the stock is currently owned by insiders.

Visa Price Performance

Visa stock opened at $368.26 on Thursday. Visa Inc. has a 12-month low of $293.89 and a 12-month high of $373.97. The stock has a market cap of $660.58 billion, a P/E ratio of 31.31, a PEG ratio of 1.98 and a beta of 0.74. The company has a 50-day moving average price of $343.51 and a 200 day moving average price of $326.50. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.60.

Visa (NYSE:V) last posted its earnings results on Tuesday, July 28th. The credit-card processor reported $3.32 earnings per share for the quarter, beating the consensus estimate of $3.23 by $0.09. The company had revenue of $11.63 billion for the quarter, compared to analyst estimates of $11.40 billion. Visa had a net margin of 50.78% and a return on equity of 67.68%. Visa’s revenue was up 14.4% on a year-over-year basis. During the same period in the previous year, the business posted $2.98 EPS. Sell-side analysts anticipate that Visa Inc. will post 13.13 earnings per share for the current year.

Visa declared that its board has approved a share buyback plan on Tuesday, April 28th that authorizes the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization authorizes the credit-card processor to reacquire up to 3.6% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Visa Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th will be given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Tuesday, August 11th. Visa’s payout ratio is presently 22.79%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on V shares. Oppenheimer reaffirmed an “outperform” rating and set a $403.00 target price (up from $391.00) on shares of Visa in a research note on Wednesday, April 29th. Sanford C. Bernstein reissued an “outperform” rating and issued a $450.00 price target on shares of Visa in a research note on Tuesday, June 2nd. TD Cowen restated a “buy” rating on shares of Visa in a research report on Wednesday, July 29th. Clear Str raised shares of Visa to a “strong-buy” rating in a report on Thursday, July 16th. Finally, Cantor Fitzgerald set a $445.00 target price on shares of Visa and gave the company an “overweight” rating in a research report on Monday. Seven investment analysts have rated the stock with a Strong Buy rating and twenty-four have assigned a Buy rating to the stock. According to data from MarketBeat.com, Visa currently has an average rating of “Buy” and an average price target of $413.58.

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.