Visa Inc. $V Stock: VIRGINIA RETIREMENT SYSTEMS ET Al Decreases Stake

VIRGINIA RETIREMENT SYSTEMS ET Al cut its position in shares of Visa Inc. (NYSE:V) by 4.0% in the third quarter, Holdings Channel reports. The institutional investor owned 492,286 shares of the credit-card processor’s stock after selling 20,632 shares during the period. Visa comprises 1.1% of VIRGINIA RETIREMENT SYSTEMS ET Al’s portfolio, making the stock its 11th biggest holding. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Visa were worth $176,893,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. John Boyer Inc. acquired a new position in Visa during the 3rd quarter worth approximately $27,000. Philadelphia Investment Partners LLC acquired a new stake 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 valued at approximately $33,000. Portfolio Resources Advisor Group Inc. bought a new stake in shares of Visa in the third quarter worth $35,000. Finally, DecisionPoint Financial LLC lifted its position 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 purchasing an additional 80 shares in the last quarter. Institutional investors and hedge funds own 82.15% of the company’s stock.

Visa Stock Performance

Shares of V stock opened at $413.69 on Friday. The stock has a market cap of $738.20 billion, a P/E ratio of 33.55, a P/E/G ratio of 1.93 and a beta of 0.77. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.97 and a quick ratio of 0.99. The company has a fifty day moving average price of $381.31 and a two-hundred day moving average price of $342.25. Visa Inc. has a one year low of $293.89 and a one year high of $417.00.

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

Visa Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Tuesday, November 10th will be paid a $0.78 dividend. This is an increase from Visa’s previous quarterly dividend of $0.67. The ex-dividend date is Tuesday, November 10th. This represents a $3.12 annualized dividend and a yield of 0.8%. Visa’s dividend payout ratio (DPR) is 21.74%.

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?

Insider Transactions at Visa

In related news, CEO Ryan Mcinerney sold 5,875 shares of Visa stock in a transaction dated Friday, August 21st. The stock was 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 in the company, valued at approximately $5,582,059.38. This trade represents a 27.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Julie Rottenberg sold 2,028 shares of the business’s stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $381.35, for a total value of $773,377.80. Following the transaction, the general counsel directly owned 18,404 shares in the company, valued at approximately $7,018,365.40. This trade represents a 9.93% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 21,520 shares of company stock valued at $7,960,757 in the last quarter. 0.12% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages recently commented on V. Cantor Fitzgerald restated an “overweight” rating on shares of Visa in a report on Wednesday. Piper Sandler reiterated an “overweight” rating and issued a $479.00 price target (up from $430.00) on shares of Visa in a research note on Wednesday. President Capital boosted their price target on shares of Visa from $411.00 to $474.00 and gave the stock a “buy” rating in a research report on Monday, August 17th. Evercore set a $405.00 price objective on Visa in a report on Wednesday. Finally, Weiss Ratings downgraded Visa from a “buy (b+)” rating to a “buy (b)” rating in a research report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating and thirty-five have issued a Buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $438.41.

Visa Company Profile

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.